Trulieve Cannabis (TCNNF) Debt to Equity (2020 - 2026)

Trulieve Cannabis (TCNNF) recorded quarterly Debt to Equity of $0.08 in Q1 2026, down 1.35% quarter-over-quarter from $0.08 in Q4 2025, and down 14.02% on a YoY basis from $0.09 in Q1 2025.

Trulieve Cannabis (TCNNF) Debt to Equity (2020 - 2026) Analysis & Trends

Trulieve Cannabis' Debt to Equity history runs 7 years deep, the most recent figure standing at $0.08 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 14.02% year-over-year to $0.08; the TTM figure through Mar 2026 stood at $0.08 (down 14.02% YoY), while the FY2025 annual figure was $0.08, down 11.33% from the prior year.
  • Debt to Equity was $0.08 for Q1 2026 at Trulieve Cannabis, down from $0.08 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.09 in Q1 2025 to a low of $0.01 in Q1 2022.
  • Historically, Debt to Equity has averaged $0.07 across 5 years, with a median of $0.08 in 2025.
  • The sharpest annual moves came in 2022 and 2026: Debt to Equity jumped 637.45% in 2022, then fell 14.02% in 2026.
  • A 5-year view of Debt to Equity shows it stood at $0.07 in 2022, then gained by 22.99% to $0.08 in 2023, then rose by 8.97% to $0.09 in 2024, then retreated by 11.33% to $0.08 in 2025, then retreated by 1.35% to $0.08 in 2026.
  • The last three Debt to Equity figures came in at $0.08 (Q1 2026), $0.08 (Q4 2025), and $0.09 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 2.02
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 2.80
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn -
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 0.01
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn -
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 0.61
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 0.86
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 0.47
10 Trulieve Cannabis - - 170.08 Mn 0.08

Historic Data

Download Data
DateValue
Mar 31, 2026 0.08
Dec 31, 2025 0.08
Sep 30, 2025 0.09
Jun 30, 2025 0.09
Mar 31, 2025 0.09
Dec 31, 2024 0.09
Sep 30, 2024 0.09
Jun 30, 2024 0.08
Mar 31, 2024 0.08
Dec 31, 2023 0.08
Sep 30, 2023 0.06
Jun 30, 2023 0.06
Mar 31, 2023 0.05
Dec 31, 2022 0.07
Sep 30, 2022 0.02
Jun 30, 2022 0.01
Mar 31, 2022 0.01
Dec 31, 2021 0.01
Jun 30, 2021 0.00
Mar 31, 2021 0.01