Trulieve Cannabis (TRLV) EV to EBITDA (2020 - 2026)
Trulieve Cannabis (TRLV) posted EV to EBITDA of 4.22 for Q2 2026, down 121.38% on a QoQ basis from 19.75 in Q1 2026, and down 169.87% year-over-year from 6.04 in Q2 2025.
Analysis
Trulieve Cannabis (TRLV) EV to EBITDA (2020 - 2026) Analysis & Trends
Trulieve Cannabis has reported EV to EBITDA for 7 years, with the latest figure at 4.22 in Q2 2026.
- On a quarterly basis, EV to EBITDA fell 169.87% year-over-year to 4.22 in Q2 2026; TTM through Jun 2026 was 5.64, a 255.92% decrease from a year earlier, with the FY2025 full-year figure at 7.11, up 56.46% from the prior year.
- EV to EBITDA was 4.22 for Q2 2026 at Trulieve Cannabis, down from 19.75 in the prior quarter.
- The five-year high for EV to EBITDA was 3331.73 in Q3 2024, with the low at 173.74 in Q3 2022.
- Average EV to EBITDA over 5 years is 228.29, with a median of 23.98 recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: EV to EBITDA tumbled 494.91% in 2022, then soared 14858.74% in 2024.
- Over 5 years, EV to EBITDA stood at 39.9 in 2022, then tumbled by 59.67% to 16.09 in 2023, then soared by 3121.18% to 518.32 in 2024, then slumped by 82.38% to 91.35 in 2025, then slumped by 104.62% to 4.22 in 2026.
- The last three EV to EBITDA figures came in at 4.22 (Q2 2026), 19.75 (Q1 2026), and 91.35 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn |
| 2 | Trulieve Cannabis | 2.24 Bn | 1.92 Bn | 162.29 Mn |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn |
| 4 | Cronos | 1.18 Bn | 381.72 Mn | 28.45 Mn |
| 5 | Glass House Brands | 665.74 Mn | 647.18 Mn | 15.77 Mn |
| 6 | Vireo Growth | 547.80 Mn | 405.50 Mn | 95.30 Mn |
| 7 | Tilray Brands | 470.26 Mn | 235.62 Mn | 90.52 Mn |
| 8 | Verano Holdings | 438.09 Mn | 352.89 Mn | 99.70 Mn |
| 9 | Canopy Growth | 405.29 Mn | 158.28 Mn | 16.08 Mn |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.22 |
| Mar 31, 2026 | 19.75 |
| Dec 31, 2025 | 91.35 |
| Sep 30, 2025 | 25.40 |
| Jun 30, 2025 | 6.04 |
| Mar 31, 2025 | 11.88 |
| Dec 31, 2024 | 518.32 |
| Sep 30, 2024 | 3,331.73 |
| Jun 30, 2024 | 27.50 |
| Mar 31, 2024 | 43.60 |
| Dec 31, 2023 | 16.09 |
| Sep 30, 2023 | 22.27 |
| Jun 30, 2023 | -1.97 |
| Mar 31, 2023 | 22.55 |
| Dec 31, 2022 | 39.90 |
| Sep 30, 2022 | -173.74 |
| Jun 30, 2022 | 31.99 |
| Mar 31, 2022 | 80.84 |
| Dec 31, 2021 | 1,252.25 |
| Sep 30, 2021 | 43.99 |