Trulieve Cannabis (TRLV) EBIT Margin (2020 - 2026)
Trulieve Cannabis (TRLV) reported EBIT Margin of -136.75% for Q2 2026, down 154.17 percentage points from 17.42% a year earlier and down 149.21 percentage points from the prior quarter.
Trulieve Cannabis (TRLV) EBIT Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Trulieve Cannabis' EBIT Margin came in at -24.34%, down 31.76 percentage points year-over-year; for FY2025, it was 12.15%, up 3.91 percentage points from FY2024.
- EBIT Margin has a five-year change of -29.71 percentage points (FY2020 to FY2025).
- By year, EBIT Margin came in at 8.24% in FY2024 (+27.87 pp), -19.63% in FY2023 (-23.74 pp), 4.12% in FY2022 (-17.78 pp) and 21.90% in FY2021 (-19.96 pp).
- The Q2 2026 figure ranks as the lowest quarterly EBIT Margin in data going back to Q1 2020.
- Year over year, EBIT Margin gained in four of the last eight quarters, with an average year-over-year change of -19.37 percentage points.
- The high point for year-over-year EBIT Margin in five years was Q2 2024 (a gain of 119.77 percentage points); the low point was Q2 2026 (a drop of 154.17 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 12.46% (Q1 2026), 5.22% (Q4 2025) and 14.66% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 40.48% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 51.32% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 1.24% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 12.86% |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | -136.75% |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 6.51% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 10.49% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 11.69% |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn | 1.44% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -136.75% |
| Mar 31, 2026 | 12.46% |
| Dec 31, 2025 | 5.22% |
| Sep 30, 2025 | 14.66% |
| Jun 30, 2025 | 17.42% |
| Mar 31, 2025 | 11.19% |
| Dec 31, 2024 | 0.43% |
| Sep 30, 2024 | 0.22% |
| Jun 30, 2024 | 16.40% |
| Mar 31, 2024 | 15.49% |
| Dec 31, 2023 | 10.17% |
| Sep 30, 2023 | 8.48% |
| Jun 30, 2023 | -103.37% |
| Mar 31, 2023 | 6.01% |
| Dec 31, 2022 | 1.74% |
| Sep 30, 2022 | -9.26% |
| Jun 30, 2022 | 13.22% |
| Mar 31, 2022 | 9.18% |
| Dec 31, 2021 | -3.71% |
| Sep 30, 2021 | 29.57% |
Trulieve Cannabis EBIT Margin 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=ebit-margin&ticker=TRLV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=TRLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();