Trulieve Cannabis (TRLV) EV to FCF (2021 - 2026)
Trulieve Cannabis' (TRLV) EV to FCF was 7.72 for Q2 2026, up 95.8% from 3.95 a year earlier and up 163.2% from the prior quarter.
Trulieve Cannabis (TRLV) EV to FCF (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Trulieve Cannabis' EV to FCF came in at 2.50; for FY2025, it came in at 6.11, up 34.2% from FY2024.
- By year, EV to FCF came in at 4.55 in FY2024 (-3.6%) and 4.72 in FY2023.
- The Q2 2026 figure ranks as the highest quarterly EV to FCF since Q3 2023.
- Year over year, EV to FCF gained in four of the last eight quarters, with growth averaging 2.9%.
- The high point for year-over-year EV to FCF in five years was Q2 2026 (growth of 95.8%); the low point was Q1 2026 (a decline of 58.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.93 (Q1 2026), 6.11 (Q4 2025) and 6.68 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.72 |
| Mar 31, 2026 | 2.93 |
| Dec 31, 2025 | 6.11 |
| Sep 30, 2025 | 6.68 |
| Jun 30, 2025 | 3.95 |
| Mar 31, 2025 | 7.13 |
| Dec 31, 2024 | 4.55 |
| Sep 30, 2024 | 6.99 |
| Jun 30, 2024 | 3.62 |
| Mar 31, 2024 | 6.73 |
| Dec 31, 2023 | 4.72 |
| Sep 30, 2023 | 15.59 |
| Mar 31, 2021 | 363.67 |
Trulieve Cannabis EV to FCF 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=ev-to-fcf&ticker=TRLV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=TRLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();