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| Date | Value |
|---|---|
| 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% |