Growth Metrics

Trulieve Cannabis (TCNNF) EBITDA Margin (2020 - 2026)

Trulieve Cannabis has reported EBITDA Margin over the past 6 years, most recently at 5.22% for Q4 2025.

  • For Q4 2025, EBITDA Margin rose 478.0% year-over-year to 5.22%; the TTM value through Dec 2025 reached 12.15%, up 391.0%, while the annual FY2025 figure was 16.64%, 652.0% up from the prior year.
  • EBITDA Margin for Q4 2025 was 5.22% at Trulieve Cannabis, down from 14.66% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 40.33% in Q1 2021 and troughed at 103.37% in Q2 2023.
  • A 5-year average of 6.8% and a median of 13.63% in 2022 define the central range for EBITDA Margin.
  • Biggest five-year swings in EBITDA Margin: plummeted -12299bps in 2023 and later skyrocketed 11977bps in 2024.
  • Year by year, EBITDA Margin stood at 4.07% in 2021, then crashed by -66bps to 6.76% in 2022, then surged by 65bps to 2.38% in 2023, then soared by 118bps to 0.43% in 2024, then skyrocketed by 1101bps to 5.22% in 2025.
  • Business Quant data shows EBITDA Margin for TCNNF at 5.22% in Q4 2025, 14.66% in Q3 2025, and 17.42% in Q2 2025.