Company / Operating Margin
Trulieve Cannabis Corp. Operating Margin History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-19.6%
FY2025
5-year range
-19.6% / 44.8%
FY2021-FY2025
Trend
-576.5%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Operating Margin changed -576% YoY in FY2025, a notable deviation from the 4-year average annual change of -178%.
Based on SEC 10-K filings.
-19.6% in FY2025 with a 3-year CAGR of -61.5%.
Declined from 21.9% to -19.6% over the past 2 years.
Operating Margin over time
Growth rates
- 3-Year Change
- -61.5pp
- 5-Year Change
- -
- 10-Year Change
- -
Key checks
Key Insights
- Trulieve Cannabis Corp.'s operating margin has declined for 4 consecutive years.
- In FY2025, operating margin decreased 576.5% year-over-year.
- Peak operating margin was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score 0.64 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -19.6% | -576.5% |
| FY2024 | 4.1% | -81.2% |
| FY2023 | 21.9% | -47.7% |
| FY2022 | 41.9% | -6.6% |
| FY2021 | 44.8% | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026