TerrAscend (TSNDF) EBITDA Margin (2021 - 2026)
TerrAscend (TSNDF) posted EBITDA Margin of 26.13% for Q2 2026, up 1.06 percentage points from 25.07% a year earlier but down 0.48 percentage points from the prior quarter.
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Analysis
TerrAscend (TSNDF) EBITDA Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at TerrAscend was 24.65%, up 0.50 percentage points year-over-year; for FY2025, it came in at 24.61%, up 2.33 percentage points from FY2024.
- Annual EBITDA Margin has increased for three consecutive years, though with a five-year change of -0.05 percentage points (FY2020 to FY2025).
- In prior years, TerrAscend's EBITDA Margin was 22.27% in FY2024 (+1.48 pp), 20.80% in FY2023 (+142.13 pp), -121.34% in FY2022 (-143.14 pp) and 21.81% in FY2021 (-2.85 pp).
- Quarterly EBITDA Margin has run from a low of -480.45% in Q3 2022 to a high of 44.67% in Q4 2021 over five years.
- On a year-over-year basis, EBITDA Margin increased in four of the last eight quarters, with an average year-over-year change of +0.18 percentage points.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q3 2023, with a gain of 509.61 percentage points; the weakest was Q3 2022, with a drop of 489.33 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 26.61% (Q1 2026), 20.07% (Q4 2025) and 25.82% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 45.06% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 52.23% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 15.53% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 13.86% |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | -127.26% |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 17.33% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 15.27% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | - |
| 10 | TerrAscend | 191.69 Mn | 39.35 Mn | 36.25 Mn | 26.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.13% |
| Mar 31, 2026 | 26.61% |
| Dec 31, 2025 | 20.07% |
| Sep 30, 2025 | 25.82% |
| Jun 30, 2025 | 25.07% |
| Mar 31, 2025 | 27.57% |
| Dec 31, 2024 | 24.68% |
| Sep 30, 2024 | 19.32% |
| Jun 30, 2024 | 22.00% |
| Mar 31, 2024 | 16.14% |
| Dec 31, 2023 | 29.89% |
| Sep 30, 2023 | 29.15% |
| Jun 30, 2023 | 13.98% |
| Mar 31, 2023 | 14.54% |
| Dec 31, 2022 | 30.97% |
| Sep 30, 2022 | -480.45% |
| Jun 30, 2022 | -1.67% |
| Mar 31, 2022 | -1.80% |
| Dec 31, 2021 | 44.67% |
| Sep 30, 2021 | 8.88% |
API Access
TerrAscend EBITDA Margin 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=ebitda-margin&ticker=TSNDF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "TSNDF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=TSNDF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();