TerrAscend (TSNDF) FCF Margin (2021 - 2026)
TerrAscend's FCF Margin came in at 8.56% for Q2 2026, up 0.86 percentage points from 7.71% a year earlier but down 3.32 percentage points from the prior quarter.
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Analysis
TerrAscend (TSNDF) FCF Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, TerrAscend reported FCF Margin of 9.48%, up 0.30 percentage points year-over-year; for FY2025, it came in at 9.71%, down 4.96 percentage points from FY2024.
- FCF Margin carries a five-year change of +67.76 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 14.68% in FY2024 (-4.09 pp), 18.77% in FY2023 (+45.30 pp), -26.53% in FY2022 (+10.36 pp) and -36.89% in FY2021 (+21.15 pp).
- The five-year range for quarterly FCF Margin is -67.19% (Q4 2021) to 159.66% (Q4 2023).
- Year-over-year, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of -21.41 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q4 2023 (a gain of 171.50 percentage points), and the weakest in Q4 2024 (a drop of 153.59 percentage points).
- Business Quant data shows TSNDF's FCF Margin at 11.88% (Q1 2026), 9.99% (Q4 2025) and 7.48% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 45.68% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 10.83% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | -6.05% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | -6.24% |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | 11.86% |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 2.87% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 31.55% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 18.35% |
| 10 | TerrAscend | 191.69 Mn | 39.35 Mn | 36.25 Mn | 8.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.56% |
| Mar 31, 2026 | 11.88% |
| Dec 31, 2025 | 9.99% |
| Sep 30, 2025 | 7.48% |
| Jun 30, 2025 | 7.71% |
| Mar 31, 2025 | 13.72% |
| Dec 31, 2024 | 6.08% |
| Sep 30, 2024 | 9.35% |
| Jun 30, 2024 | 27.93% |
| Mar 31, 2024 | 12.97% |
| Dec 31, 2023 | 159.66% |
| Sep 30, 2023 | 8.64% |
| Jun 30, 2023 | -0.25% |
| Mar 31, 2023 | 11.47% |
| Dec 31, 2022 | -11.83% |
| Sep 30, 2022 | -15.38% |
| Jun 30, 2022 | -38.64% |
| Mar 31, 2022 | -46.19% |
| Dec 31, 2021 | -67.19% |
| Sep 30, 2021 | -66.85% |
API Access
TerrAscend FCF 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=fcf-margin&ticker=TSNDF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=TSNDF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();