Trulieve Cannabis (TRLV) Return on Capital Employed [ROCE] (2021 - 2026)
Trulieve Cannabis (TRLV) recorded Return on Capital Employed [ROCE] of -11.88% in Q2 2026, down 15.04 percentage points from 3.16% a year earlier and down 17.46 percentage points from the prior quarter.
Trulieve Cannabis (TRLV) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, Trulieve Cannabis reported Return on Capital Employed [ROCE] of 5.40%, up 1.73 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a four-year change of -5.11 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 3.67% in FY2024 (+11.19 pp), -7.51% in FY2023 (-9.08 pp), 1.57% in FY2022 (-8.94 pp) and 10.51% in FY2021.
- The Q2 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] in data going back to Q1 2021.
- On a year-over-year basis, Return on Capital Employed [ROCE] rose in six of the last eight quarters, with an average year-over-year change of +2.94 percentage points.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 15.96 percentage points in Q2 2024, against a drop of 27.93 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.58% (Q1 2026), 5.33% (Q4 2025) and 4.61% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 38.19% |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 41.87% |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | 0.77% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 3.58% |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | -11.88% |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 4.47% |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | -0.22% |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 10.34% |
| 10 | Verano Holdings | 771.72 Mn | 445.33 Mn | 99.70 Mn | -8.28% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.88% |
| Mar 31, 2026 | 5.58% |
| Dec 31, 2025 | 5.33% |
| Sep 30, 2025 | 4.61% |
| Jun 30, 2025 | 3.16% |
| Mar 31, 2025 | 3.10% |
| Dec 31, 2024 | 3.58% |
| Sep 30, 2024 | 4.60% |
| Jun 30, 2024 | 5.46% |
| Mar 31, 2024 | -7.25% |
| Dec 31, 2023 | -8.40% |
| Sep 30, 2023 | -9.67% |
| Jun 30, 2023 | -10.50% |
| Mar 31, 2023 | 1.15% |
| Dec 31, 2022 | 1.54% |
| Sep 30, 2022 | 0.99% |
| Jun 30, 2022 | 3.78% |
| Mar 31, 2022 | 4.97% |
| Dec 31, 2021 | 9.38% |
| Sep 30, 2021 | 24.82% |
Trulieve Cannabis Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=TRLV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=TRLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();