Trulieve Cannabis (TCNNF) Equity Ratio (2020 - 2026)

Trulieve Cannabis' Equity Ratio history runs 7 years deep, the most recent figure standing at 0.41 for Q1 2026.

• In Q1 2026, Equity Ratio fell 2.12% year-over-year to 0.41; the TTM figure through Mar 2026 stood at 0.41 (down 2.12% YoY), while the FY2025 annual figure was 0.42, down 2.58% from the prior year.
• Equity Ratio was 0.41 for Q1 2026 at Trulieve Cannabis, down from 0.42 in the prior quarter.
• In the past five years, Equity Ratio ranged from a high of 0.61 in Q2 2022 to a low of 0.4 in Q3 2025.
• Historically, Equity Ratio has averaged 0.5 across 5 years, with a median of 0.49 in 2024.
• The sharpest annual moves came in 2022 and 2024: Equity Ratio increased 11.66% in 2022, then declined 15.69% in 2024.
• A 5-year view of Equity Ratio shows it stood at 0.57 in 2022, then fell by 8.95% to 0.52 in 2023, then declined by 15.69% to 0.44 in 2024, then retreated by 2.58% to 0.42 in 2025, then retreated by 2.55% to 0.41 in 2026.
• The last three Equity Ratio figures came in at 0.41 (Q1 2026), 0.42 (Q4 2025), and 0.4 (Q3 2025), per Business Quant data.