Sndl (SNDL) EBT Margin (2019 - 2026)
Sndl's EBT Margin was -4.03% in Q2 2026, down 5.21 percentage points from 1.18% a year earlier but up 1.79 percentage points from the prior quarter.
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Analysis
Sndl (SNDL) EBT Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sndl's EBT Margin was -1.17% through Jun 30, 2026, down 0.45 percentage points year-over-year; for FY2025, it was -1.67%, up 9.81 percentage points from FY2024.
- EBT Margin has now increased for four consecutive years, with a five-year change of +279.72 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was -11.47% in FY2024 (+7.45 pp), -18.92% in FY2023 (+33.12 pp), -52.05% in FY2022 (+296.80 pp) and -348.84% in FY2021 (-67.45 pp).
- Quarterly EBT Margin has moved between -64.89% (Q4 2022) and 102.23% (Q4 2021) over five years.
- Compared with a year earlier, EBT Margin was higher in five of the last eight quarters, with an average year-over-year change of +7.93 percentage points.
- The best year-over-year quarter for EBT Margin over five years was Q3 2021 (a gain of 465.75 percentage points); the worst was Q4 2022 (a drop of 167.12 percentage points).
- Per Business Quant data, SNDL's EBT Margin in the three quarters before Q2 2026 was -5.82% (Q1 2026), 9.41% (Q4 2025) and -5.45% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 38.35% |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 47.93% |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | -7.74% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 24.43% |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | -141.50% |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 5.20% |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 50.59% |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 9.78% |
| 10 | Sndl | 339.73 Mn | -304.39 Mn | 40.74 Mn | -4.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.03% |
| Mar 31, 2026 | -5.82% |
| Dec 31, 2025 | 9.41% |
| Sep 30, 2025 | -5.45% |
| Jun 30, 2025 | 1.18% |
| Mar 31, 2025 | -7.18% |
| Dec 31, 2024 | 15.40% |
| Sep 30, 2024 | -7.56% |
| Jun 30, 2024 | -2.74% |
| Mar 31, 2024 | -3.87% |
| Dec 31, 2023 | -53.56% |
| Sep 30, 2023 | -9.19% |
| Jun 30, 2023 | -12.93% |
| Mar 31, 2023 | -18.20% |
| Dec 31, 2022 | -64.89% |
| Sep 30, 2022 | -44.98% |
| Jun 30, 2022 | -33.29% |
| Mar 31, 2022 | -4.25% |
| Dec 31, 2021 | 102.23% |
| Sep 30, 2021 | 5.87% |
API Access
Sndl EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=SNDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "SNDL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=SNDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();