Trulieve Cannabis (TCNNF) Depreciation and Depletion (2020 - 2023)

Trulieve Cannabis (TCNNF) recorded quarterly Depreciation and Depletion of -$1.9 million in Q4 2023, down 110.17% quarter-over-quarter from $18.7 million in Q3 2023, and up 73.64% on a YoY basis from -$1.1 million in Q4 2022.

Trulieve Cannabis (TCNNF) Depreciation and Depletion (2020 - 2023) Analysis & Trends

Trulieve Cannabis' Depreciation and Depletion history runs 4 years deep, the most recent figure standing at -$1.9 million for Q4 2023.

  • In Q4 2023, Depreciation and Depletion rose 73.64% year-over-year to -$1.9 million; the TTM figure through Dec 2023 stood at $30.1 million (down 36.3% YoY), while the FY2025 annual figure was $25.2 million, up 12.96% from the prior year.
  • Depreciation and Depletion was -$1.9 million for Q4 2023 at Trulieve Cannabis, down from $18.7 million in the prior quarter.
  • In the past five years, Depreciation and Depletion ranged from a high of $20.5 million in Q1 2023 to a low of -$7.2 million in Q4 2022.
  • Historically, Depreciation and Depletion has averaged $8.4 million across 4 years, with a median of $7.3 million in 2021.
  • Biggest YoY gain for Depreciation and Depletion was 176.79% in 2022; the steepest drop was 570.35% in 2022.
  • A 4-year view of Depreciation and Depletion shows it stood at $10.4 million in 2020, then tumbled by 110.35% to -$1.1 million in 2021, then slumped by 570.35% to -$7.2 million in 2022, then surged by 73.64% to -$1.9 million in 2023.
  • The last three Depreciation and Depletion figures came in at -$1.9 million (Q4 2023), $18.7 million (Q3 2023), and $20.5 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 36.00 Mn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn -
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 21.60 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn -
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 7.20 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 28.00 Mn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -
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 -
10 Trulieve Cannabis - - 170.08 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2023 -1.90 Mn
Dec 31, 2023 -1.90 Mn
Sep 30, 2023 18.68 Mn
Sep 30, 2023 18.68 Mn
Mar 31, 2023 20.50 Mn
Mar 31, 2023 20.50 Mn
Dec 31, 2022 -7.21 Mn
Dec 31, 2022 -7.21 Mn
Sep 30, 2022 18.82 Mn
Sep 30, 2022 18.82 Mn
Jun 30, 2022 20.10 Mn
Jun 30, 2022 20.10 Mn
Mar 31, 2022 15.50 Mn
Mar 31, 2022 15.50 Mn
Dec 31, 2021 -1.08 Mn
Dec 31, 2021 -1.08 Mn
Sep 30, 2021 8.10 Mn
Sep 30, 2021 8.10 Mn
Jun 30, 2021 7.30 Mn
Jun 30, 2021 7.30 Mn