Trulieve Cannabis (TCNNF) Tax Rate (2020 - 2026)

Trulieve Cannabis (TCNNF) recorded quarterly Tax Rate of 86.67% in Q1 2026, down 94.68% quarter-over-quarter from 1628.32% in Q4 2025, and down 17143.0% on a YoY basis from N/an in Q1 2025.

Trulieve Cannabis (TCNNF) Tax Rate (2020 - 2026) Analysis & Trends

Trulieve Cannabis' Tax Rate history runs 7 years deep, the most recent figure standing at 86.67% for Q1 2026.

  • In Q1 2026, Tax Rate fell 17143.0% year-over-year to 86.67%; the TTM figure through Mar 2026 stood at 184.2% (down 44168.0% YoY), while the FY2025 annual figure was 227.51%, down 23508.0% from the prior year.
  • Tax Rate was 86.67% for Q1 2026 at Trulieve Cannabis, down from 1628.32% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 3046.74% in Q1 2023 to a low of 369.11% in Q3 2024.
  • Historically, Tax Rate has averaged 344.2% across 5 years, with a median of 171.01% in 2022.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 271506 bps in 2023, then slumped 287321 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 264.66% in 2022, then soared by 295 bps to 514.91% in 2023, then plunged by 172 bps to 368.71% in 2024, then soared by 542 bps to 1628.32% in 2025, then plunged by 95 bps to 86.67% in 2026.
  • The last three Tax Rate figures came in at 86.67% (Q1 2026), 1628.32% (Q4 2025), and 181.0% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 15.33%
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 20.71%
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 13.63%
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn -20.44%
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 19.81%
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 34.48%
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -7.43%
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 9.29%
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 24.29%
10 Trulieve Cannabis - - 170.08 Mn 86.67%

Historic Data

Download Data
DateValue
Mar 31, 2026 86.67%
Mar 31, 2026 86.67%
Dec 31, 2025 1,628.32%
Dec 31, 2025 1,628.32%
Sep 30, 2025 181.00%
Sep 30, 2025 181.00%
Jun 30, 2025 140.65%
Jun 30, 2025 140.65%
Mar 31, 2025 258.10%
Mar 31, 2025 258.10%
Dec 31, 2024 -368.71%
Dec 31, 2024 -368.71%
Sep 30, 2024 -369.11%
Sep 30, 2024 -369.11%
Jun 30, 2024 129.29%
Jun 30, 2024 129.29%
Mar 31, 2024 173.53%
Mar 31, 2024 173.53%
Dec 31, 2023 514.91%
Dec 31, 2023 514.91%