Trulieve Cannabis reported a gross margin of 59.90% and a net margin of -149.83% for the quarter ended Jun 2026. These financial ratios cover 26 quarters of results from Mar 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | 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 | 68.70% | 44.46% | 56.79% | 58.43% | 57.12% | 52.64% | 52.66% | 50.26% | 51.94% | 53.61% | 58.40% | 59.86% | 60.95% | 62.10% | 61.53% | 60.55% | 58.94% | 59.75% | 59.31% | 59.90% | ||||||
| EBT Margin | 26.87% | -6.22% | 4.09% | 8.43% | -14.98% | -5.90% | 0.41% | -109.39% | 4.99% | 3.07% | 10.73% | 12.03% | -4.52% | -4.28% | 6.83% | 12.88% | 10.17% | 1.00% | 8.79% | -141.50% | ||||||
| EBIT Margin | 29.57% | -3.71% | 9.18% | 13.22% | -9.26% | 1.74% | 6.01% | -103.37% | 8.48% | 10.17% | 15.49% | 16.40% | 0.22% | 0.43% | 11.19% | 17.42% | 14.66% | 5.22% | 12.46% | -136.75% | ||||||
| EBITDA Margin | 33.19% | 0.91% | 14.06% | 19.62% | -2.88% | 10.05% | 13.20% | -103.37% | 15.27% | 16.38% | 15.49% | 16.40% | 0.22% | 0.43% | 11.19% | 17.42% | 14.66% | 5.22% | 12.46% | -136.75% | ||||||
| Operating Margin | 29.57% | -3.71% | 9.18% | 13.22% | -9.26% | 1.74% | 6.01% | -103.37% | 8.48% | 10.17% | 15.49% | 16.40% | 0.22% | 0.43% | 11.19% | 17.42% | 14.66% | 5.22% | 12.46% | -136.75% | ||||||
| Net Margin | 8.31% | -23.94% | -10.06% | -7.17% | -38.79% | -25.81% | -22.48% | -143.31% | -9.23% | -11.65% | -7.75% | -3.96% | -21.18% | -19.85% | -11.04% | -4.56% | -9.31% | -14.63% | 0.84% | -149.83% | ||||||
| FCF Margin | -22.19% | -49.24% | -0.94% | -31.92% | -20.04% | 6.93% | -4.67% | -12.23% | 31.67% | 42.59% | 41.55% | 14.84% | -2.74% | -3.99% | 10.19% | 23.20% | 25.13% | 19.04% | 14.72% | 11.86% | ||||||
| Efficiency | ||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 123.25M | 173.03M | 224.31M | 253.32M | 285.72M | 288.87M | 287.03M | 275.17M | 241.34M | 221.51M | 211.26M | 208.52M | 214.28M | 226.14M | 235.33M | 240.37M | 242.38M | 242.79M | 242.31M | 214.60M | ||||||
| Assets AverageAssets Avg. | 1,218.56M | 640.00M | 1,764.91M | 3,495.06M | 3,392.61M | 3,360.68M | 3,358.40M | 3,062.54M | 2,791.94M | 2,752.12M | 2,774.17M | 2,842.09M | 2,869.57M | 2,872.26M | 2,878.95M | 2,904.74M | 2,931.73M | 2,818.86M | 2,739.02M | 2,429.69M | ||||||
| Invested CapitalInvested Cap. | 834.64M | 2,176.90M | 2,145.98M | 2,155.10M | 2,049.24M | 2,083.36M | 1,969.40M | 1,564.05M | 1,552.84M | 1,534.12M | 1,507.63M | 1,493.58M | 1,421.68M | 1,369.52M | 1,338.58M | 1,326.83M | 1,302.82M | 1,243.20M | 1,248.82M | 864.64M | ||||||
| Asset Utilization RatioAsset Util. | 0.66 | 1.46 | 0.60 | 0.33 | 0.36 | 0.36 | 0.36 | 0.38 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.42 | 0.43 | 0.47 | ||||||
| Leverage & Solvency | ||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | 10.79 | -1.32 | 1.63 | 2.29 | -1.54 | 0.25 | 0.81 | -15.39 | 1.12 | 1.41 | 3.14 | 3.22 | 0.04 | 0.09 | 2.05 | 3.21 | 2.63 | 1.04 | 2.68 | -29.04 | ||||||
| Debt Ratio | 0.01 | 7.45 | 0.01 | 0.01 | 0.01 | 0.05 | 0.03 | 0.04 | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | ||||||
| Times Interest Earned | 10.79 | -1.32 | 1.63 | 2.29 | -1.54 | 0.25 | 0.81 | -15.39 | 1.12 | 1.41 | 3.14 | 3.22 | 0.04 | 0.09 | 2.05 | 3.21 | 2.63 | 1.04 | 2.68 | -29.04 | ||||||
| Dividends & Payouts | ||||||||||||||||||||||||||
| Dividend Coverage RatioDiv. Cover | -639.50 | -0.00M | -21.35 | -3.01 | ||||||||||||||||||||||
| FCF Payout RatioFCF Cover | -0.02 | 0.00 | 0.01 | 0.09 | ||||||||||||||||||||||
| Dividend YieldDiv. Yield | 0.00% | 0.00% | 0.05% | 0.23% | ||||||||||||||||||||||
| Payout Ratio | 0.00 | 0.00 | -0.05 | -0.33 | ||||||||||||||||||||||
| Valuation | ||||||||||||||||||||||||||
| Price to EarningsP/E | 187.24 | -50.67 | -121.25 | -95.00 | -13.79 | -18.27 | -16.21 | -1.81 | -44.61 | -29.02 | -100.63 | -144.06 | -38.33 | -16.55 | -22.44 | -52.70 | -57.41 | -38.96 | 447.60 | -4.66 | ||||||
| Price to SalesP/S | 15.55 | 12.13 | 12.20 | 6.81 | 5.35 | 4.72 | 3.65 | 2.59 | 4.12 | 3.38 | 7.80 | 5.71 | 8.12 | 3.29 | 2.48 | 2.40 | 5.35 | 5.70 | 3.76 | 6.98 | ||||||
| Price to BookP/B | 4.24 | 1.69 | 1.83 | 1.01 | 0.79 | 0.73 | 0.56 | 0.50 | 0.79 | 0.69 | 1.68 | 1.26 | 1.77 | 0.79 | 0.61 | 0.60 | 1.30 | 1.46 | 0.94 | 2.47 | ||||||
| Enterprise Value | 3,272.11M | 3,399.86M | 3,611.56M | 1,969.51M | 1,479.93M | 1,197.28M | 849.09M | 572.70M | 936.08M | 756.45M | 2,009.88M | 1,368.29M | 2,059.01M | 677.96M | 395.95M | 318.03M | 1,072.99M | 1,397.39M | 705.59M | 1,564.32M | ||||||
| EV to EBIT | 49.37 | -306.71 | 123.79 | 47.49 | -54.13 | 229.98 | 49.50 | -1.97 | 40.10 | 25.92 | 43.60 | 27.50 | 0.00M | 518.32 | 11.88 | 6.04 | 25.40 | 91.35 | 19.75 | -4.22 | ||||||
| EV to EBITDA | 43.99 | 0.00M | 80.84 | 31.99 | -173.74 | 39.90 | 22.55 | -1.97 | 22.27 | 16.09 | 43.60 | 27.50 | 0.00M | 518.32 | 11.88 | 6.04 | 25.40 | 91.35 | 19.75 | -4.22 | ||||||
| Market Capitalization | 3,485.68M | 3,624.93M | 3,877.08M | 2,136.70M | 1,580.15M | 1,407.93M | 1,039.74M | 729.12M | 1,132.74M | 970.29M | 2,322.52M | 1,732.75M | 2,308.24M | 989.41M | 737.65M | 726.18M | 1,540.63M | 1,671.15M | 1,076.92M | 1,891.29M | ||||||
| Price to FCFP/FCF | -70.11 | -24.63 | -0.00M | -21.33 | -26.70 | 68.07 | -78.05 | -21.16 | 13.00 | 7.94 | 18.78 | 38.48 | -296.73 | -82.29 | 24.32 | 10.36 | 21.28 | 29.95 | 25.51 | 58.86 | ||||||
| EV to FCF | -65.81 | -23.10 | -0.00M | -19.66 | -25.00 | 57.89 | -63.74 | -16.62 | 10.74 | 6.19 | 16.25 | 30.39 | -264.69 | -56.38 | 13.05 | 4.54 | 14.82 | 25.04 | 16.71 | 48.69 | ||||||
| EV to CFO | 126.40 | -54.68 | 80.00 | -35.53 | -68.42 | 21.77 | 0.00M | -24.40 | 10.02 | 5.75 | 14.44 | 19.19 | 67.87 | 22.10 | 7.74 | 3.69 | 14.05 | 23.60 | 12.67 | 29.44 | ||||||
| Return Ratios | ||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 29.57% | -3.71% | 9.18% | 13.22% | -9.26% | 1.74% | 6.01% | -103.37% | 8.48% | 10.17% | 15.49% | 16.40% | 0.22% | 0.43% | 11.19% | 17.42% | 14.66% | 5.22% | 12.46% | -136.75% | ||||||
| Return on Capital Employed [ROCE]ROCE | 24.82% | 43.32% | 10.52% | 3.78% | 0.99% | 1.54% | 1.15% | -10.50% | -9.67% | -8.40% | -7.25% | 5.46% | 4.60% | 3.58% | 3.10% | 3.16% | 4.61% | 5.33% | 5.58% | -11.88% | ||||||
| Return on Invested Capital [ROIC]ROIC | 13.53% | 2.35% | -1.77% | -6.45% | 11.84% | 19.46% | 9.99% | -23.33% | -23.49% | -22.00% | -21.22% | -10.18% | -17.53% | -25.40% | -33.01% | -33.21% | -17.21% | -14.37% | -9.86% | -37.89% | ||||||
| Return on Assets [ROA]ROA | 7.20% | 4.77% | -1.82% | -2.77% | -6.80% | -7.52% | -8.51% | -21.84% | -20.76% | -19.37% | -17.75% | -3.44% | -4.66% | -5.59% | -5.89% | -5.97% | -4.78% | -4.34% | -3.15% | -19.60% |