TRLV (Trulieve Cannabis) Enterprise Value: $1,892 Mil (As of Jun. 25, 2026) ***


TRLV Trulieve Cannabis Corp TRLV
63 GF Score
Price $8.50
GF Value $6.03
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Trulieve Cannabis Enterprise Value?

Trulieve Cannabis TRLV -0.35% 63 Enterprise Value is $1,892 Mil as of Jun. 25, 2026. GuruFocus rates TRLV with a GF Score™ of 63/100 and a GF Value™ of $6.03 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Trulieve Cannabis's Enterprise Value is $1,892 Mil. Trulieve Cannabis's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $157 Mil. Therefore, Trulieve Cannabis's EV-to-EBIT ratio for today is 12.06.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Trulieve Cannabis's Enterprise Value is $1,892 Mil. Trulieve Cannabis's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $331 Mil. Therefore, Trulieve Cannabis's EV-to-EBITDA ratio for today is 5.72.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Trulieve Cannabis's Enterprise Value is $1,892 Mil. Trulieve Cannabis's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $1,170 Mil. Therefore, Trulieve Cannabis's EV-to-Revenue ratio for today is 1.62.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Trulieve Cannabis's Enterprise Value is $1,892 Mil. Trulieve Cannabis's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $277 Mil. Therefore, Trulieve Cannabis's EV-to-OCF ratio for today is 6.82.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Trulieve Cannabis's Enterprise Value is $1,892 Mil. Trulieve Cannabis's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $224 Mil. Therefore, Trulieve Cannabis's EV-to-FCF ratio for today is 8.44.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Trulieve Cannabis  (NYSE:TRLV) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Trulieve Cannabis's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1891.978/156.845
=12.06

Trulieve Cannabis's current Enterprise Value is $1,892 Mil.
Trulieve Cannabis's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $157 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Trulieve Cannabis's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1891.978/330.797
=5.72

Trulieve Cannabis's current Enterprise Value is $1,892 Mil.
Trulieve Cannabis's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $331 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Trulieve Cannabis's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1891.978/1170.174
=1.62

Trulieve Cannabis's current Enterprise Value is $1,892 Mil.
Trulieve Cannabis's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,170 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Trulieve Cannabis's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1891.978/277.398
=6.82

Trulieve Cannabis's current Enterprise Value is $1,892 Mil.
Trulieve Cannabis's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $277 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Trulieve Cannabis's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1891.978/224.199
=8.44

Trulieve Cannabis's current Enterprise Value is $1,892 Mil.
Trulieve Cannabis's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $224 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Trulieve Cannabis Enterprise Value Related Terms


Trulieve Cannabis Enterprise Value Historical Data

* Premium members only.

The historical data trend for Trulieve Cannabis's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Trulieve Cannabis Enterprise Value Chart

Trulieve Cannabis Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,324.84 2,172.35 1,555.63 1,503.08 1,961.01

Trulieve Cannabis Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,219.64 1,141.72 1,886.98 1,961.01 1,334.29

TRLV vs ZTS: Enterprise Value Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Trulieve Cannabis's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trulieve Cannabis Enterprise Value vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Trulieve Cannabis's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Trulieve Cannabis's Enterprise Value falls into.


TRLV
63GF Score
Trulieve Cannabis Corp TRLV
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Trulieve Cannabis Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Trulieve Cannabis's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Trulieve Cannabis's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of $1,892 Mil mean?
Trulieve Cannabis (TRLV) has a Enterprise Value of $1,892 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Trulieve Cannabis and its competitors.
Is Trulieve Cannabis' Enterprise Value too high?
Trulieve Cannabis' current Enterprise Value is $1,892 Mil. Overall, Trulieve Cannabis has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trulieve Cannabis' Enterprise Value compare to ZTS?
Trulieve Cannabis' Enterprise Value of $1,892 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Drug Manufacturers company?
A good Enterprise Value depends on the Drug Manufacturers industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Trulieve Cannabis and its competitors. Trulieve Cannabis's current Enterprise Value is $1,892 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trulieve Cannabis stock overvalued right now?
Based on GuruFocus' analysis, Trulieve Cannabis (TRLV) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.03, compared to a current price of $8.50 — trading 41% above its estimated fair value. The current Enterprise Value is $1,892 Mil. Trulieve Cannabis' overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Trulieve Cannabis (TRLV), the current Enterprise Value is $1,892 Mil as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Trulieve Cannabis (TRLV) Overvalued in 2026?

Based on GuruFocus' analysis, Trulieve Cannabis stock appears to be overvalued. The current stock price of $8.50 is trading 41% above its estimated GF Value™ of $6.03. GuruFocus considers Trulieve Cannabis to be Significantly Overvalued.

Key valuation signals for TRLV:

  • Enterprise Value: $1,892 Mil
  • GF Value™: $6.03 vs. price of $8.50 (41% above fair value)
  • GF Score™: 63/100 with 6 warning signs

No single metric tells the full story. See the TRLV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trulieve Cannabis Business Description

Other Exchanges T0A:GermanyTRUL:Canada
Address 3494 Martin Hurst Road, Tallahassee, FL, USA, 32312
Trulieve Cannabis Corp is a vertically integrated cannabis company that grows, produces, and sells cannabis products. It has licenses to operate in Arizona, Colorado, Connecticut, Florida, Georgia, Maryland, Ohio, Pennsylvania, and West Virginia, where it sells medical cannabis products. In addition, the company sells cannabis products for adult use in Arizona, Colorado, Connecticut, Maryland, and Ohio. The firm's operations are substantially located in Florida and, to a lesser extent, in Arizona and Pennsylvania.
63GF Score

Get the complete analysis for TRLV

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.50
Price
$6.03
GF Value