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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

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

Trulieve Cannabis has reported Gross Margin over the past 6 years, most recently at 59.75% for Q4 2025.

  • Quarterly results put Gross Margin at 59.75% for Q4 2025, down 235.0% from a year ago — trailing twelve months through Dec 2025 was 60.21% (down 12.0% YoY), and the annual figure for FY2025 was 60.21%, down 12.0%.
  • Gross Margin for Q4 2025 was 59.75% at Trulieve Cannabis, up from 58.94% in the prior quarter.
  • Over the last five years, Gross Margin for TCNNF hit a ceiling of 69.79% in Q1 2021 and a floor of 44.46% in Q4 2021.
  • Median Gross Margin over the past 5 years was 58.68% (2022), compared with a mean of 58.28%.
  • Biggest five-year swings in Gross Margin: tumbled -2671bps in 2021 and later surged 960bps in 2024.
  • Trulieve Cannabis' Gross Margin stood at 44.46% in 2021, then increased by 18bps to 52.64% in 2022, then grew by 2bps to 53.61% in 2023, then rose by 16bps to 62.1% in 2024, then dropped by -4bps to 59.75% in 2025.
  • The last three reported values for Gross Margin were 59.75% (Q4 2025), 58.94% (Q3 2025), and 60.55% (Q2 2025) per Business Quant data.