Trulieve Cannabis (TCNNF) Enterprise Value (2020 - 2026)
Trulieve Cannabis (TCNNF) recorded quarterly Enterprise Value of -$371.3 million in Q1 2026, down 35.64% quarter-over-quarter from -$273.8 million in Q4 2025, and down 8.67% on a YoY basis from -$406.6 million in Q1 2025.
Trulieve Cannabis (TCNNF) Enterprise Value (2020 - 2026) Analysis & Trends
Trulieve Cannabis' Enterprise Value history runs 7 years deep, the most recent figure standing at -$371.3 million for Q1 2026.
- In Q1 2026, Enterprise Value fell 8.67% year-over-year to -$371.3 million; the TTM figure through Mar 2026 stood at -$371.3 million (down 8.67% YoY), while the FY2025 annual figure was -$273.8 million, up 12.1% from the prior year.
- Enterprise Value was -$371.3 million for Q1 2026 at Trulieve Cannabis, down from -$273.8 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$15.5 million in Q2 2022 to a low of -$467.6 million in Q3 2025.
- Historically, Enterprise Value has averaged -$263.2 million across 5 years, with a median of -$273.8 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Enterprise Value soared 94.63% in 2022, then sank 907.4% in 2023.
- A 5-year view of Enterprise Value shows it stood at -$225.2 million in 2022, then increased by 5.03% to -$213.8 million in 2023, then plunged by 45.65% to -$311.5 million in 2024, then gained by 12.1% to -$273.8 million in 2025, then tumbled by 35.64% to -$371.3 million in 2026.
- The last three Enterprise Value figures came in at -$371.3 million (Q1 2026), -$273.8 million (Q4 2025), and -$467.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | -3.74 Bn |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | -1.94 Bn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | -2.15 Bn |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | -77.77 Mn |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | -1.32 Bn |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | -428.00 Mn |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -511.86 Mn |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | -750.88 Mn |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | -498.58 Mn |
| 10 | Trulieve Cannabis | - | - | 170.08 Mn | -371.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -371.33 Mn |
| Dec 31, 2025 | -273.76 Mn |
| Sep 30, 2025 | -467.63 Mn |
| Jun 30, 2025 | -408.16 Mn |
| Mar 31, 2025 | -341.70 Mn |
| Dec 31, 2024 | -311.45 Mn |
| Sep 30, 2024 | -249.23 Mn |
| Jun 30, 2024 | -349.87 Mn |
| Mar 31, 2024 | -327.33 Mn |
| Dec 31, 2023 | -213.84 Mn |
| Sep 30, 2023 | -196.66 Mn |
| Jun 30, 2023 | -156.42 Mn |
| Mar 31, 2023 | -190.66 Mn |
| Dec 31, 2022 | -225.16 Mn |
| Sep 30, 2022 | -100.22 Mn |
| Jun 30, 2022 | -15.53 Mn |
| Mar 31, 2022 | -274.98 Mn |
| Dec 31, 2021 | -233.80 Mn |
| Sep 30, 2021 | -213.57 Mn |
| Jun 30, 2021 | -289.24 Mn |