TerrAscend (TSNDF) EV to EBITDA (2021 - 2026)
TerrAscend's (TSNDF) EV to EBITDA came in at 2.65 for Q2 2026, up 185.7% from 0.93 a year earlier and up 5.1% from the prior quarter.
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Analysis
TerrAscend (TSNDF) EV to EBITDA (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBITDA at TerrAscend was 0.89; for FY2025, it came in at 2.90, up 6.6% from FY2024.
- In prior years, TerrAscend's EV to EBITDA was 2.72 in FY2024 (-68.1%), 8.52 in FY2023 and 25.79 in FY2021 (-41.4%).
- Quarterly EV to EBITDA has run from a low of 0.93 in Q2 2025 to a high of 41.62 in Q1 2022 over five years.
- On a year-over-year basis, EV to EBITDA has increased in each of the last three quarters, with an average decline of 9.0% over the last eight quarters.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q2 2026, with growth of 185.7%; the weakest was Q2 2025, with a decline of 84.9%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 2.52 (Q1 2026), 2.90 (Q4 2025) and 3.21 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn |
| 10 | TerrAscend | 191.69 Mn | 39.35 Mn | 36.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.65 |
| Mar 31, 2026 | 2.52 |
| Dec 31, 2025 | 2.90 |
| Sep 30, 2025 | 3.21 |
| Jun 30, 2025 | 0.93 |
| Mar 31, 2025 | 1.80 |
| Dec 31, 2024 | 2.86 |
| Sep 30, 2024 | 7.56 |
| Jun 30, 2024 | 6.13 |
| Mar 31, 2024 | 9.56 |
| Dec 31, 2023 | 8.52 |
| Sep 30, 2023 | 8.36 |
| Jun 30, 2022 | 38.43 |
| Mar 31, 2022 | 41.62 |
| Dec 31, 2021 | 21.42 |
API Access
TerrAscend EV to EBITDA 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=ev-to-ebitda&ticker=TSNDF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=TSNDF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();