Growth Metrics

Trulieve Cannabis (TCNNF) EBT Margin (2020 - 2025)

Trulieve Cannabis has reported EBT Margin over the past 6 years, most recently at 1.0% for Q4 2025.

  • Quarterly results put EBT Margin at 1.0% for Q4 2025, up 529.0% from a year ago — trailing twelve months through Dec 2025 was 7.74% (up 414.0% YoY), and the annual figure for FY2025 was 7.74%, up 414.0%.
  • EBT Margin for Q4 2025 was 1.0% at Trulieve Cannabis, down from 10.17% in the prior quarter.
  • Over the last five years, EBT Margin for TCNNF hit a ceiling of 33.34% in Q1 2021 and a floor of 109.39% in Q2 2023.
  • Median EBT Margin over the past 5 years was 4.54% (2022), compared with a mean of 1.1%.
  • Biggest five-year swings in EBT Margin: tumbled -11782bps in 2023 and later soared 12142bps in 2024.
  • Trulieve Cannabis' EBT Margin stood at 6.22% in 2021, then grew by 5bps to 5.9% in 2022, then skyrocketed by 152bps to 3.07% in 2023, then crashed by -239bps to 4.28% in 2024, then surged by 123bps to 1.0% in 2025.
  • The last three reported values for EBT Margin were 1.0% (Q4 2025), 10.17% (Q3 2025), and 12.88% (Q2 2025) per Business Quant data.