Trulieve Cannabis (TRLV) Tax Rate (2020 - 2026)
Trulieve Cannabis' Tax Rate came in at -5.73% for Q2 2026, down 146.38 percentage points from 140.65% a year earlier and down 92.40 percentage points from the prior quarter.
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Analysis
Trulieve Cannabis (TRLV) Tax Rate (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Trulieve Cannabis reported Tax Rate of -44.41%, down 647.95 percentage points year-over-year; for FY2025, it was 227.51%, down 235.08 percentage points from FY2024.
- Tax Rate carries a five-year change of +167.52 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 462.59% in FY2024 (+515.78 pp), -53.19% in FY2023 (+796.06 pp), -849.26% in FY2022 (-931.94 pp) and 82.68% in FY2021 (+22.69 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q4 2024.
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +100.70 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2023 (a gain of 2715.06 percentage points), and the weakest in Q1 2024 (a drop of 2873.21 percentage points).
- Business Quant data shows TRLV's Tax Rate at 86.67% (Q1 2026), 1628.32% (Q4 2025) and 181.00% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 22.25% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 21.54% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | - |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 78.51% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 0.14% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 26.34% |
| 10 | Verano Holdings | 877.15 Mn | 550.77 Mn | 99.70 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Jun 30, 2024 | 129.29% |
| Mar 31, 2024 | 173.53% |
| Dec 31, 2023 | 514.91% |
| Sep 30, 2023 | 266.98% |
| Mar 31, 2023 | 3,046.74% |
| Jun 30, 2022 | 171.01% |
| Mar 31, 2022 | 331.68% |
| Sep 30, 2021 | 69.09% |
| Jun 30, 2021 | 41.58% |
| Mar 31, 2021 | 53.46% |
| Dec 31, 2020 | 89.99% |
| Sep 30, 2020 | 59.84% |
| Jun 30, 2020 | 55.14% |
| Mar 31, 2020 | 43.12% |
API Access
Trulieve Cannabis Tax Rate 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=tax-rate&ticker=TRLV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=TRLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();