Trulieve Cannabis (TRLV) Asset Utilization Ratio (2021 - 2026)
Trulieve Cannabis' Asset Utilization Ratio was 0.47 in Q2 2026, up 14.9% from 0.41 a year earlier and up 9.7% from the prior quarter.
Powered by 
Analysis
Trulieve Cannabis (TRLV) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Trulieve Cannabis came in at 0.42, up 0.1% from FY2024.
- Asset Utilization Ratio has now increased for three consecutive years.
- In earlier years, Asset Utilization Ratio was 0.42 in FY2024 (+15.0%), 0.37 in FY2023 (+3.0%), 0.36 in FY2022 (-19.0%) and 0.44 in FY2021.
- The Q2 2026 figure marks the highest quarterly Asset Utilization Ratio since Q3 2021.
- Compared with a year earlier, Asset Utilization Ratio has increased for three straight quarters, with growth averaging 2.5% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q1 2023 (growth of 16.7%); the worst was Q1 2022 (a decline of 57.9%).
- Per Business Quant data, TRLV's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.43 (Q1 2026), 0.42 (Q4 2025) and 0.41 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 0.62 |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 0.69 |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | 0.46 |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 0.28 |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | 0.47 |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 0.43 |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 0.20 |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 0.62 |
| 10 | Verano Holdings | 877.15 Mn | 550.77 Mn | 99.70 Mn | 0.49 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.47 |
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.41 |
| Mar 31, 2025 | 0.41 |
| Dec 31, 2024 | 0.41 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 0.41 |
| Mar 31, 2024 | 0.41 |
| Dec 31, 2023 | 0.41 |
| Sep 30, 2023 | 0.41 |
| Jun 30, 2023 | 0.38 |
| Mar 31, 2023 | 0.36 |
| Dec 31, 2022 | 0.36 |
| Sep 30, 2022 | 0.36 |
| Jun 30, 2022 | 0.33 |
| Mar 31, 2022 | 0.30 |
| Dec 31, 2021 | 0.40 |
| Sep 30, 2021 | 0.66 |
API Access
Trulieve Cannabis Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TRLV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TRLV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TRLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();