Event-Driven Stocks

Trulieve Cannabis Corp.

TCNNFOTC

Healthcare · Medicinal Chemicals & Botanical Products · A1 · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 3 good● 2 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$1.18B$1.19B$1.13B$1.22B$931.9M$521.5M
Operating income$143.5M$97.8M−$221.6M$50.2M$204.1M$218.3M
Net income−$122.2M−$160.6M−$533.1M−$252.7M$17.4M$63.0M
Total assets$2.70B$2.87B$2.73B$3.40B$3.41B$809.8M
Total liabilities$1.55B$1.62B$1.32B$1.47B$1.26B$361.9M
Equity$1.14B$1.25B$1.41B$1.93B$2.15B$447.9M
EPS (diluted)$-0.58$-0.79$-2.28$-0.95$0.21$0.53
Shares out.192.3M191.0M186.2M186.0M180.5M119.6M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
12.1%
Net margin
−10.3%
Return on equity
−10.7%
Return on assets
−4.5%
Return on capital (ROCE)
5.6%
Liabilities / assets
57.6%
Debt / equity
1.36×
Book value / share
$5.94
Revenue growth (YoY)
−0.4%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
1.09distress
Accruals / assets
−14.7%clean
Beneish M-Score
-2.91normal
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
50
/ 100
Profitability 40Growth 0Catalyst 33Earnings quality 100Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 2 severe● 2 warning● 3 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Reported a net loss
  • Revenue declined year-over-year
  • Operating margin is positive
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 2026243,1731.0-64.0%
Apr 30, 2026674,9611.0+2521.3%
Apr 15, 202625,7491.0-88.7%
Mar 31, 2026227,5181.0+743.5%
Mar 13, 202626,9731.0+63.8%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)