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

Trulieve Cannabis' FCF Margin history runs 7 years deep, the most recent figure standing at 17.8% for Q1 2026.

• In Q1 2026, FCF Margin rose 159.0% year-over-year to 17.8%; the TTM figure through Mar 2026 stood at 23.23% (up 716.0% YoY), while the FY2025 annual figure was 22.78%, up 35.0% from the prior year.
• FCF Margin was 17.8% for Q1 2026 at Trulieve Cannabis, down from 23.24% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 60.81% in Q4 2022 to a low of 46.55% in Q2 2022.
• Historically, FCF Margin has averaged 16.06% across 5 years, with a median of 17.8% in 2026.
• The sharpest annual moves came in 2022 and 2023: FCF Margin sank 4128 bps in 2022, then surged 5277 bps in 2023.
• A 5-year view of FCF Margin shows it stood at 60.81% in 2022, then decreased by 26 bps to 44.81% in 2023, then dropped by 22 bps to 34.95% in 2024, then sank by 34 bps to 23.24% in 2025, then fell by 23 bps to 17.8% in 2026.
• The last three FCF Margin figures came in at 17.8% (Q1 2026), 23.24% (Q4 2025), and 22.76% (Q3 2025), per Business Quant data.