TRLV (Trulieve Cannabis) Pretax Margin %: 8.79% (As of Mar. 2026) — 34% Below Median


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 Pretax Margin %?

Trulieve Cannabis TRLV -0.35% 63 Pretax Margin % is 8.79% as of Mar. 2026, which is 34% below its 10-year median of 13.33. 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. Among 955 Drug Manufacturers companies, Trulieve Cannabis ranks better than 53.19% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Trulieve Cannabis's Pre-Tax Income for the three months ended in Mar. 2026 was $25 Mil. Trulieve Cannabis's Revenue for the three months ended in Mar. 2026 was $287 Mil. Therefore, Trulieve Cannabis's pretax margin for the quarter that ended in Mar. 2026 was 8.79%.

The historical rank and industry rank for Trulieve Cannabis's Pretax Margin % or its related term are showing as below:

TRLV' s Pretax Margin % Range Over the Past 10 Years
Min: -25.2   Med: 13.33   Max: 41.01
Current: 8.24


TRLV's Pretax Margin % is ranked better than
53.19% of 955 companies
in the Drug Manufacturers industry
Industry Median: 7.28 vs TRLV: 8.24

Trulieve Cannabis  (NYSE:TRLV) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Trulieve Cannabis Pretax Margin % Related Terms


Trulieve Cannabis Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Trulieve Cannabis's Pretax Margin % 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 Pretax Margin % Chart

Trulieve Cannabis Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.91 -1.58 -25.20 3.60 7.74

Trulieve Cannabis Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % 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 6.83 12.88 10.17 1.00 8.79

TRLV vs ZTS: Pretax Margin % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Trulieve Cannabis's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Drug Manufacturers Industry

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

* The bar in red indicates where Trulieve Cannabis's Pretax Margin % falls into.


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

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=91.473/1181.18
=7.74 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=25.22/286.754
=8.79 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 8.79% mean?
Trulieve Cannabis (TRLV) has a Pretax Margin % of 8.79% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Trulieve Cannabis and its competitors. This is 34% below median its historical median of 13.33. According to the industry distribution chart, Trulieve Cannabis ranks #447 out of 955 companies in the Drug Manufacturers industry, placing it in the top 46.8%.
Is Trulieve Cannabis' Pretax Margin % too high?
Trulieve Cannabis' current Pretax Margin % of 8.79% is 34% below median its 10-year median of 13.33. The Drug Manufacturers industry median Pretax Margin % is 7.28. Trulieve Cannabis' value of 8.79% is 20.7% above this industry median. Based on the distribution chart, Trulieve Cannabis ranks #447 out of 955 companies in the Drug Manufacturers industry, which is above the industry midpoint. 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' Pretax Margin % compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Trulieve Cannabis ranks #447 out of 955 companies for Pretax Margin %. This puts Trulieve Cannabis in the upper half of its industry. The industry median Pretax Margin % is 7.28. Trulieve Cannabis' value of 8.79% is 20.7% above this benchmark. While the company's 10-year median is 13.33 vs. the industry median of 7.28, Trulieve Cannabis has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Drug Manufacturers company?
The median Pretax Margin % among Drug Manufacturers companies is 7.28, based on 955 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trulieve Cannabis's current Pretax Margin % of 8.79% is 20.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Trulieve Cannabis and its competitors. For the Drug Manufacturers industry, the median Pretax Margin % is 7.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trulieve Cannabis's current Pretax Margin % is 8.79%, which is 34% below median its own 10-year median of 13.33. 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 Pretax Margin % is 8.79%, which is 34% below median its 10-year median of 13.33 and 20.7% above the Drug Manufacturers industry median of 7.28. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Trulieve Cannabis (TRLV), the current Pretax Margin % is 8.79% as of Mar. 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:

  • Pretax Margin %: 8.79% (34% below median its 10-year median of 13.33)
  • GF Value™: $6.03 vs. price of $8.50 (41% above fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 20.7% above the Drug Manufacturers median (#447 of 955)

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

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

$8.50
Price
$6.03
GF Value