Financial Snapshot

Revenue
$1.172B
TTM
Gross Margin
58.21%
TTM
Net Earnings
-$131.5M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
441.14%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.308B
Q3 2024
Cash
Q3 2024
P/E
-18.77
Nov 29, 2024 EST
Free Cash Flow
$279.7M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $1.129B $1.240B $938.4M $521.5M $252.8M $102.8M $19.80M $0.00 $0.00 $0.00 $0.00
YoY Change -8.92% 32.12% 79.93% 106.29% 145.93% 419.19%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $1.129B $1.240B $938.4M $521.5M $252.8M $102.8M $19.80M $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $540.6M $557.8M $372.3M $135.1M $60.98M $82.80M $23.70M
Gross Profit $588.6M $682.0M $566.1M $386.4M $191.8M $20.00M -$4.000M
Gross Profit Margin 52.13% 55.01% 60.33% 74.09% 75.88% 19.46% -20.2%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $386.2M $454.7M $315.7M $155.5M $73.42M $44.20M $8.300M $0.00 $0.00 $100.0K $0.00
YoY Change -15.07% 44.01% 103.1% 111.73% 66.11% 432.53% -100.0%
% of Gross Profit 65.6% 66.67% 55.77% 40.23% 38.27% 221.0%
Research & Development $0.00 $0.00 $0.00
YoY Change
% of Gross Profit
Depreciation & Amortization $170.7M $76.40M $34.80M $21.10M $9.300M $3.110M $560.0K
YoY Change 123.37% 119.54% 64.93% 126.88% 199.04% 455.36%
% of Gross Profit 28.99% 11.2% 6.15% 5.46% 4.85% 15.55%
Operating Expenses $810.2M $649.6M $369.2M $168.1M $78.57M $45.40M $8.500M $100.0K $100.0K $100.0K $0.00
YoY Change 24.73% 75.95% 119.6% 113.98% 73.05% 434.12% 8400.0% 0.0% 0.0%
Operating Profit -$221.6M $32.41M $196.9M $218.3M $113.3M -$25.40M -$12.50M
YoY Change -783.84% -83.55% -9.78% 92.73% -545.95% 103.2%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense $81.57M $79.77M $34.79M $20.24M $9.050M -$2.200M -$900.0K $100.0K $0.00 $0.00 $0.00
YoY Change 2.25% 129.31% 71.9% 123.61% -511.36% 144.44% -1000.0%
% of Operating Profit 246.15% 17.66% 9.27% 7.99%
Other Income/Expense, Net -$62.92M -$75.75M -$33.44M -$60.85M -$9.590M $100.0K $0.00
YoY Change -16.93% 126.53% -45.05% 534.56% -9690.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income -$284.5M -$43.35M $163.5M $157.4M $103.7M $56.70M $8.300M $0.00 $0.00 -$100.0K -$100.0K
YoY Change 556.45% -126.51% 3.85% 51.86% 82.86% 583.13% -100.0% 0.0%
Income Tax $151.4M $161.8M $146.1M $94.45M $50.59M $28.80M $4.700M
% Of Pretax Income 89.33% 59.99% 48.79% 50.79% 56.63%
Net Earnings -$533.1M -$252.7M $17.45M $63.00M $53.10M $27.90M $3.600M $0.00 $0.00 -$100.0K -$100.0K
YoY Change 110.95% -1548.71% -72.31% 18.65% 90.3% 675.0% -100.0% 0.0%
Net Earnings / Revenue -47.21% -20.38% 1.86% 12.08% 21.0% 27.14% 18.18%
Basic Earnings Per Share -$2.28 -$1.06 $0.13 $0.55 $0.48
Diluted Earnings Per Share -$2.28 -$1.06 $0.12 $0.53 $0.46 $270.3K $46.75K $0.00 $0.00 -$910.70 -$910.70

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $212.3M $230.6M $146.7M $91.80M $24.40M $1.400M $100.0K $100.0K $100.0K $200.0K
YoY Change -7.95% 57.22% 59.8% 276.23% 1642.86% 1300.0% 0.0% 0.0% -50.0%
Cash & Equivalents $207.2M $230.1M
Short-Term Investments $100.0K $100.0K $100.0K $0.00
Other Short-Term Assets $72.10M $71.20M $19.80M $7.700M $2.500M $200.0K
YoY Change 1.26% 259.61% 157.14% 208.0% 1150.0%
Inventory $297.8M $212.2M $98.30M $66.00M $53.90M $12.00M
Prepaid Expenses
Receivables $9.400M $8.854M $300.0K $0.00
Other Receivables $1.400M $1.530M $0.00 $0.00
Total Short-Term Assets $593.0M $524.4M $265.1M $165.5M $80.80M $13.60M $100.0K $100.0K $200.0K $200.0K
YoY Change 13.08% 97.82% 60.18% 104.83% 494.12% 13500.0% 0.0% -50.0% 0.0%
Property, Plant & Equipment $974.6M $972.7M $382.8M $185.9M $70.80M $19.30M
YoY Change 0.2% 154.09% 105.92% 162.57% 266.84%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $15.40M $18.31M $3.900M $900.0K $1.100M $0.00
YoY Change -15.9% 369.54% 333.33% -18.18%
Total Long-Term Assets $2.806B $2.886B $551.0M $220.5M $81.30M $20.30M $0.00 $0.00 $0.00 $0.00
YoY Change -2.79% 423.86% 149.89% 171.22% 300.49%
Total Assets $3.399B $3.411B $816.1M $386.0M $162.1M $33.90M $100.0K $100.0K $200.0K $200.0K
YoY Change
Accounts Payable $16.40M $57.37M $19.70M $16.40M $10.50M $4.000M $100.0K $100.0K $200.0K $100.0K
YoY Change -71.41% 191.21% 20.12% 56.19% 162.5% 3900.0% 0.0% -50.0% 100.0%
Accrued Expenses $70.70M $32.61M $14.20M $8.400M
YoY Change 116.8% 129.65% 69.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $22.40M $17.23M $17.90M $5.200M $7.800M $2.400M $200.0K $200.0K $200.0K $200.0K
YoY Change 30.02% -3.75% 244.23% -33.33% 225.0% 1100.0% 0.0% 0.0% 0.0%
Total Short-Term Liabilities $209.7M $168.9M $76.00M $52.70M $34.70M $7.600M $300.0K $300.0K $400.0K $400.0K
YoY Change 24.13% 122.28% 44.21% 51.87% 356.58% 2433.33% 0.0% -25.0% 0.0%
Long-Term Debt $894.1M $709.8M $238.3M $56.10M $13.30M $12.10M $0.00 $0.00 $0.00 $0.00
YoY Change 25.96% 197.87% 324.78% 321.8% 9.92%
Other Long-Term Liabilities $143.4M $133.4M $30.30M $138.9M $700.0K $0.00
YoY Change 7.48% 340.35% -78.19% 19742.86%
Total Long-Term Liabilities $1.038B $843.3M $268.6M $195.0M $14.00M $12.10M $0.00 $0.00 $0.00 $0.00
YoY Change 23.04% 213.94% 37.74% 1292.86% 15.7%
Total Liabilities $1.468B $1.265B $368.2M $253.1M $57.90M $22.70M $300.0K $300.0K $400.0K $400.0K
YoY Change 16.03% 243.58% 45.48% 337.13% 155.07% 7466.67% 0.0% -25.0% 0.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Basic Shares Outstanding 189.0M shares 188.0M 139.4M 113.6M 110.2M
Diluted Shares Outstanding 189.0M shares 188.0M 146.8M 118.3M 115.3M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $2.4689 Billion

About Trulieve Cannabis Corp.

Trulieve Cannabis Corp. engages in the provision of medical cannabis products and services. The company is headquartered in Quincy, Florida and currently employs 5,400 full-time employees. The company went IPO on 2018-09-25. The firm has established cannabis operations in three hubs: Southeast, Northeast, and Southwest. Its three regional hubs are anchored by market positions in cornerstone states of Florida, Pennsylvania, and Arizona. The firm operates in regulated markets that require knowledge in cultivation, manufacturing, and retail. The firm utilizes various extraction techniques, including critical ethanol extraction, carbon dioxide extraction, hydrocarbon extraction, and mechanical separation. In addition, the Company owns and utilizes carbon dioxide extraction, distillation, purification and manufacturing technology that is used to produce a range of cannabis topicals and vapes featuring cannabinoids. The firm's brands include premium tier brands Avenue, Cultivar Collection, and Muse; mid-tier brands Modern Flower, Alchemy, Momenta, and Sweet Talk, and value tier brands Co2lors, Loveli, Roll One, and Trekkers.

Industry: Medicinal Chemicals & Botanical Products Peers: ARVINAS, INC. Axsome Therapeutics, Inc. Pacira BioSciences, Inc. CASSAVA SCIENCES INC CORCEPT THERAPEUTICS INC Harmony Biosciences Holdings, Inc. JOHNSON & JOHNSON Prestige Consumer Healthcare Inc. Ventyx Biosciences, Inc.