Trulieve Cannabis (TRLV) Return on Assets [ROA] (2021 - 2026)
Trulieve Cannabis' Return on Assets [ROA] came in at -21.29% for Q3 2026, down 16.51 percentage points from -4.78% a year earlier and down 1.69 percentage points from the prior quarter.
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Analysis
Trulieve Cannabis (TRLV) Return on Assets [ROA] (2021 - 2026) Analysis & Trends
For FY2025, Trulieve Cannabis' Return on Assets [ROA] was -4.39%, up 1.34 percentage points from FY2024.
- Return on Assets [ROA] carries a five-year change of -14.93 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was -5.74% in FY2024 (+11.66 pp), -17.40% in FY2023 (-9.98 pp), -7.42% in FY2022 (-8.25 pp) and 0.83% in FY2021 (-9.71 pp).
- The Q3 2026 figure represents the lowest quarterly Return on Assets [ROA] since Q2 2023.
- Year-over-year, Return on Assets [ROA] increased in four of the last eight quarters, with an average year-over-year change of -0.39 percentage points.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q2 2024 (a gain of 18.39 percentage points), and the weakest in Q2 2023 (a drop of 18.69 percentage points).
- Business Quant data shows TRLV's Return on Assets [ROA] at -19.60% (Q2 2026), -3.15% (Q1 2026) and -4.34% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 310.09 Bn | 289.08 Bn | 7.85 Bn | 16.80% |
| 2 | British American Tobacco p.l.c | 143.09 Bn | 119.75 Bn | - | - |
| 3 | Altria | 130.85 Bn | 117.83 Bn | 3.94 Bn | 23.91% |
| 4 | RLX Technology | 2.40 Bn | -1.35 Bn | 52.74 Mn | 5.78% |
| 5 | Curaleaf Holdings | 2.08 Bn | 1.70 Bn | 170.48 Mn | -0.29% |
| 6 | Trulieve Cannabis | 1.86 Bn | 595.66 Mn | 148.02 Mn | -21.29% |
| 7 | Verano Holdings | 1.83 Bn | 1.48 Bn | 100.04 Mn | -12.84% |
| 8 | Green Thumb Industries | 1.49 Bn | 262.73 Mn | 146.79 Mn | 3.35% |
| 9 | Cronos | 1.24 Bn | -1.90 Bn | 32.28 Mn | 5.78% |
| 10 | Turning Point Brands | 1.10 Bn | 187.99 Mn | 85.18 Mn | 5.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -21.29% |
| Jun 30, 2026 | -19.60% |
| Mar 31, 2026 | -3.15% |
| Dec 31, 2025 | -4.34% |
| Sep 30, 2025 | -4.78% |
| Jun 30, 2025 | -5.97% |
| Mar 31, 2025 | -5.89% |
| Dec 31, 2024 | -5.59% |
| Sep 30, 2024 | -4.66% |
| Jun 30, 2024 | -3.44% |
| Mar 31, 2024 | -17.75% |
| Dec 31, 2023 | -19.37% |
| Sep 30, 2023 | -20.76% |
| Jun 30, 2023 | -21.84% |
| Mar 31, 2023 | -8.51% |
| Dec 31, 2022 | -7.52% |
| Sep 30, 2022 | -7.18% |
| Jun 30, 2022 | -3.15% |
| Mar 31, 2022 | -1.30% |
| Dec 31, 2021 | 0.74% |
API Access
Trulieve Cannabis Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=TRLV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=TRLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();