Trulieve Cannabis (TRLV) Tax Rate (2020 - 2026)
Trulieve Cannabis (TRLV) posted Tax Rate of 5.73% for Q2 2026, down 106.61% on a QoQ basis from 86.67% in Q1 2026, and down 14638.0% year-over-year from N/an in Q2 2025.
Analysis
Trulieve Cannabis (TRLV) Tax Rate (2020 - 2026) Analysis & Trends
Trulieve Cannabis has reported Tax Rate for 7 years, with the latest figure at 5.73% in Q2 2026.
- On a quarterly basis, Tax Rate fell 14638.0% year-over-year to 5.73% in Q2 2026; TTM through Jun 2026 was 44.41%, a 64795.0% decrease from a year earlier, with the FY2025 full-year figure at 227.51%, down 23508.0% from the prior year.
- Tax Rate was 5.73% for Q2 2026 at Trulieve Cannabis, down from 86.67% in the prior quarter.
- The five-year high for Tax Rate was 3046.74% in Q1 2023, with the low at 369.11% in Q3 2024.
- Average Tax Rate over 5 years is 324.76%, with a median of 155.83% recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate surged 271506 bps in 2023, then sank 287321 bps in 2024.
- Over 5 years, Tax Rate stood at 264.66% in 2022, then jumped by 295 bps to 514.91% in 2023, then tumbled by 172 bps to 368.71% in 2024, then jumped by 542 bps to 1628.32% in 2025, then tumbled by 100 bps to 5.73% in 2026.
- The last three Tax Rate figures came in at 5.73% (Q2 2026), 86.67% (Q1 2026), and 1628.32% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.68 Bn | 2.58 Bn | 169.91 Mn | 147.48% |
| 2 | Trulieve Cannabis | 2.30 Bn | 1.98 Bn | 162.29 Mn | -5.73% |
| 3 | Green Thumb Industries | 1.73 Bn | 1.44 Bn | 137.87 Mn | 78.51% |
| 4 | Cronos | 1.18 Bn | 385.45 Mn | 28.45 Mn | 0.14% |
| 5 | Glass House Brands | 673.51 Mn | 654.96 Mn | 15.77 Mn | -202.92% |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn | 140.85% |
| 7 | Tilray Brands | 471.93 Mn | 237.30 Mn | 90.52 Mn | 42.30% |
| 8 | Verano Holdings | 440.28 Mn | 355.08 Mn | 99.70 Mn | -27.89% |
| 9 | Canopy Growth | 406.30 Mn | 159.29 Mn | 16.08 Mn | 0.88% |
| 10 | Sndl | 365.15 Mn | 232.60 Mn | 40.74 Mn | -17.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.73% |
| Mar 31, 2026 | 86.67% |
| Dec 31, 2025 | 1,628.32% |
| Sep 30, 2025 | 181.00% |
| Jun 30, 2025 | 140.65% |
| Mar 31, 2025 | 258.10% |
| Dec 31, 2024 | -368.71% |
| Sep 30, 2024 | -369.11% |
| Jun 30, 2024 | 129.29% |
| Mar 31, 2024 | 173.53% |
| Dec 31, 2023 | 514.91% |
| Sep 30, 2023 | 266.98% |
| Jun 30, 2023 | -10.97% |
| Mar 31, 2023 | 3,046.74% |
| Dec 31, 2022 | -264.66% |
| Sep 30, 2022 | -64.10% |
| Jun 30, 2022 | 171.01% |
| Mar 31, 2022 | 331.68% |
| Dec 31, 2021 | -217.79% |
| Sep 30, 2021 | 69.09% |