Cresco Labs reported a gross margin of 50.16% and a net margin of 9.69% for the quarter ended Jun 2026. These financial ratios cover 27 quarters of results from Dec 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||||||||||||
| Gross Margin | 50.27% | 50.52% | 50.08% | 51.70% | 47.09% | 43.94% | 44.22% | 43.81% | 49.14% | 51.08% | 50.03% | 51.41% | 51.97% | 47.77% | 47.44% | 50.88% | 48.12% | 51.58% | 49.86% | 50.16% | |||||||
| EBT Margin | -122.26% | -5.47% | -11.04% | -3.80% | -1.54% | -78.60% | -14.32% | -21.96% | -59.53% | 6.81% | -1.12% | -27.76% | -4.28% | 1.74% | -9.19% | 1.68% | -13.32% | -55.06% | -1.85% | -2.07% | |||||||
| EBIT Margin | -122.52% | 7.14% | 9.45% | 10.39% | 7.72% | -71.89% | 1.85% | -5.43% | -56.55% | 14.40% | 15.82% | 17.56% | 14.65% | 11.03% | 8.20% | 9.86% | 10.81% | -46.76% | 7.38% | 7.71% | |||||||
| EBITDA Margin | 26.20% | 26.17% | 23.67% | 10.39% | 19.83% | 15.30% | 1.85% | -5.43% | -56.55% | 14.40% | 15.82% | 17.56% | 14.65% | 11.03% | 8.20% | 9.86% | 10.81% | -46.76% | 7.38% | 7.71% | |||||||
| Operating Margin | -122.52% | 7.14% | 9.45% | 10.39% | 7.72% | -71.89% | 1.85% | -5.43% | -56.55% | 14.40% | 15.82% | 17.56% | 14.65% | 11.03% | 8.20% | 9.86% | 10.81% | -46.76% | 7.38% | 7.71% | |||||||
| Net Margin | -125.60% | 286.73% | -12.77% | -6.21% | -4.65% | 131.65% | -13.41% | -18.46% | -60.65% | 187.89% | -2.99% | -29.54% | -5.86% | 82.92% | -8.71% | -9.98% | -10.48% | 113.42% | -8.77% | 9.69% | |||||||
| FCF Margin | 15.28% | 25.25% | 16.60% | 3.03% | 21.96% | 8.40% | 10.58% | 17.96% | 27.85% | 0.81% | 21.84% | 12.80% | 30.83% | 18.58% | 21.89% | 13.42% | 8.09% | 22.56% | 1.33% | 14.26% | |||||||
| Efficiency | |||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 0.13B | 0.15B | 0.16B | 0.16B | 0.14B | 0.13B | 0.13B | 0.12B | 0.11B | 0.10B | 0.10B | 0.09B | 0.09B | 0.09B | 0.09B | 0.09B | 0.10B | 0.10B | 0.11B | ||||||||
| Assets AverageAssets Avg. | 1.68B | 1.78B | 1.74B | 1.73B | 1.67B | 1.57B | 1.53B | 1.46B | 1.38B | 1.36B | 1.36B | 1.37B | 1.37B | 1.36B | 1.36B | 1.31B | 1.24B | 1.20B | 1.23B | ||||||||
| Invested CapitalInvested Cap. | 1.19B | 1.28B | 1.26B | 1.27B | 1.27B | 1.08B | 1.07B | 1.04B | 0.94B | 0.94B | 0.94B | 0.89B | 0.89B | 0.87B | 0.86B | 0.83B | 0.77B | 0.69B | 0.67B | 0.69B | |||||||
| Asset Utilization RatioAsset Util. | 0.49 | 0.48 | 0.50 | 0.50 | 0.50 | 0.52 | 0.52 | 0.54 | 0.56 | 0.56 | 0.55 | 0.54 | 0.53 | 0.52 | 0.51 | 0.51 | 0.53 | 0.54 | 0.53 | ||||||||
| Leverage & Solvency | |||||||||||||||||||||||||||
| Debt Ratio | 0.31 | 0.27 | 0.28 | 0.29 | 0.28 | 0.31 | 0.32 | 0.32 | 0.37 | 0.38 | 0.38 | 0.38 | 0.38 | 0.36 | 0.35 | 0.35 | 0.33 | 0.37 | 0.36 | 0.34 | |||||||
| Valuation | |||||||||||||||||||||||||||
| Price to EarningsP/E | -785.89 | 252.18 | -0.00B | -0.00B | -0.00B | 174.88 | -0.00B | -0.00B | -448.39 | 98.16 | -0.00B | -740.57 | -0.00B | 159.26 | -0.00B | -797.07 | -0.00B | 171.37 | -0.00B | 0.00B | |||||||
| Price to SalesP/S | 987.07 | 723.09 | 661.86 | 270.48 | 303.98 | 230.24 | 203.75 | 193.50 | 271.95 | 184.44 | 286.73 | 218.78 | 237.13 | 132.06 | 112.43 | 79.57 | 204.33 | 194.36 | 146.77 | 122.23 | |||||||
| Price to BookP/B | 298.61 | 197.41 | 185.79 | 75.32 | 82.94 | 78.19 | 69.74 | 70.01 | 121.69 | 81.10 | 125.82 | 107.70 | 116.68 | 59.85 | 49.62 | 36.07 | 99.06 | 124.35 | 90.94 | 80.46 | |||||||
| Enterprise Value | 212.48B | 157.29B | 141.70B | 58.91B | 63.83B | 45.91B | 39.51B | 38.14B | 51.62B | 34.53B | 52.63B | 40.12B | 42.38B | 23.00B | 18.38B | 12.78B | 33.53B | 31.22B | 22.02B | 21.03B | |||||||
| EV to EBIT | -804.80 | 0.00B | 0.00B | 0.00B | 0.00B | -319.97 | 0.00B | -0.00B | -479.07 | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 791.74 | 0.00B | -413.27 | 0.00B | 0.00B | |||||||
| EV to EBITDA | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | -0.00B | -479.07 | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 791.74 | 0.00B | -413.27 | 0.00B | 0.00B | |||||||
| Market Capitalization | 212.70B | 157.48B | 141.90B | 59.02B | 63.98B | 45.95B | 39.57B | 38.29B | 51.82B | 34.72B | 52.84B | 40.33B | 42.63B | 23.23B | 18.64B | 13.02B | 33.70B | 31.40B | 22.21B | 21.19B | |||||||
| Price to FCFP/FCF | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 976.41 | 0.00B | 0.00B | 0.00B | 769.04 | 710.63 | 513.64 | 593.00 | 0.00B | 861.49 | 0.00B | 857.37 | |||||||
| EV to FCF | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 972.65 | 0.00B | 0.00B | 0.00B | 764.45 | 703.66 | 506.70 | 582.08 | 0.00B | 856.57 | 0.00B | 850.92 | |||||||
| EV to CFO | 0.00B | 0.00B | -0.00B | 0.00B | 0.00B | 0.00B | 0.00B | -0.00B | 0.00B | 0.00B | 858.48 | 780.13 | 603.47 | 0.00B | 0.00B | 0.00B | -0.00B | 0.00B | |||||||||
| Return Ratios | |||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | -122.52% | 7.14% | 9.45% | 10.39% | 7.72% | -71.89% | 1.85% | -5.43% | -56.55% | 14.40% | 15.82% | 17.56% | 14.65% | 11.03% | 8.20% | 9.86% | 10.81% | -46.76% | 7.38% | 7.71% | |||||||
| Return on Capital Employed [ROCE]ROCE | -15.67% | -14.70% | -13.57% | 5.13% | -5.96% | -7.80% | -10.39% | -21.64% | -7.45% | -5.41% | -1.56% | 9.49% | 8.42% | 7.36% | 6.02% | 5.50% | -2.46% | -2.76% | -3.03% | ||||||||
| Return on Invested Capital [ROIC]ROIC | -15.08% | -13.97% | -13.21% | -5.19% | -3.86% | -5.44% | -8.74% | -22.36% | -7.55% | -5.08% | -1.68% | -1.91% | 1.69% | 3.71% | -18.47% | -3.74% | -2.45% | -2.67% | -4.48% | ||||||||
| Return on Assets [ROA]ROA | -14.52% | -13.21% | -14.33% | 2.40% | -6.18% | -7.23% | -10.33% | -20.12% | -10.08% | -8.24% | -9.08% | 0.52% | -0.58% | -1.83% | 2.61% | 1.07% | -6.36% | -5.55% | -8.80% |