Sndl SNDL
NASDAQ SNDL
$1.36 -0.02 (-1.45%)
At close: Sep 17, 2026 · 4:00 PM EDT

Sndl (SNDL) Invested Capital (2018 - 2025)

Sndl's (SNDL) quarterly Invested Capital came in at $789.7 million in Q4 2025, down 2.67% on a YoY basis from $811.3 million in Q4 2024, and up 0.55% quarter-over-quarter from $785.3 million in Q2 2025.

Analysis

Sndl (SNDL) Invested Capital (2018 - 2025) Analysis & Trends

Sndl (SNDL) has reported Invested Capital for 8 consecutive years, with $789.7 million the latest figure, recorded in Q4 2025.

  • For the quarter ending Q4 2025, Invested Capital fell 2.67% year-over-year to $789.7 million; the trailing twelve-month figure through Dec 2025 stood at $789.7 million (down 2.67% YoY), and the FY2025 full-year result was $788.1 million, down 4.79% from the prior year.
  • Invested Capital advanced to $789.7 million in Q4 2025 per SNDL's latest filing, from $785.3 million in the prior quarter.
  • Across five years, Invested Capital topped out at $1.3 billion in Q1 2022 and bottomed at $17.9 million in Q1 2021.
  • Historically, Invested Capital has averaged $928.2 million across 5 years, with a median of $974.4 million in 2023.
  • The sharpest annual moves came in 2021 and 2022: Invested Capital sank 93.05% in 2021, then jumped 6962.06% in 2022.
  • Over 5 years, Invested Capital stood at $1.1 billion in 2021, then retreated by 8.0% to $986.2 million in 2022, then slipped by 8.11% to $906.2 million in 2023, then dropped by 10.47% to $811.3 million in 2024, then slipped by 2.67% to $789.7 million in 2025.
  • According to Business Quant data, Invested Capital over the past three periods registered $789.7 million, $785.3 million, and $766.8 million for Q4 2025, Q2 2025, and Q1 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Curaleaf Holdings 2.63 Bn 2.53 Bn 169.91 Mn 1.48 Bn
2 Trulieve Cannabis 2.23 Bn 1.90 Bn 162.29 Mn 864.64 Mn
3 Green Thumb Industries 1.61 Bn 1.33 Bn 137.87 Mn 2.17 Bn
4 Cronos 1.23 Bn 437.76 Mn 28.45 Mn -
5 Glass House Brands 657.95 Mn 639.39 Mn 15.77 Mn 142.77 Mn
6 Vireo Growth 554.11 Mn 411.81 Mn 95.30 Mn 741.30 Mn
7 Tilray Brands 438.94 Mn 204.31 Mn 90.52 Mn 1.76 Bn
8 Verano Holdings 436.63 Mn 351.43 Mn 99.70 Mn 1.08 Bn
9 Canopy Growth 387.68 Mn 140.67 Mn 16.08 Mn 690.90 Mn
10 Sndl 358.70 Mn 226.15 Mn 40.74 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 789.65 Mn
Jun 30, 2025 785.32 Mn
Mar 31, 2025 766.76 Mn
Dec 31, 2024 811.33 Mn
Sep 30, 2024 885.72 Mn
Jun 30, 2024 924.97 Mn
Mar 31, 2024 910.64 Mn
Dec 31, 2023 906.23 Mn
Sep 30, 2023 975.88 Mn
Jun 30, 2023 974.38 Mn
Mar 31, 2023 1.00 Bn
Dec 31, 2022 986.19 Mn
Sep 30, 2022 1.13 Bn
Jun 30, 2022 1.19 Bn
Mar 31, 2022 1.27 Bn
Dec 31, 2021 1.07 Bn
Sep 30, 2021 1.11 Bn
Jun 30, 2021 1.13 Bn
Mar 22, 2021 17.93 Mn
Dec 31, 2020 265.41 Mn