Curaleaf Holdings
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
-22.44250-83.33-125
Price/Sales ratio
N/AN/AN/AN/A
Earnings per Share (EPS)
$-0.11$0.01$-0.03$-0.02

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-94.07-29.75-56.72-374.42-30.37-41.81-108.76-57.62-8.10-10.45-10.73-30.37
Price/Sales ratio
N/AN/A1.8097.7824.3813.2110.645.192.282.181.2813.21
Price/Book Value ratio
59.4133.44185.2917.914.267.144.843.572.382.791.027.14
Price/Cash Flow ratio
-174.29-31.09-62.71-244.79-56.77-76.22539.90-185.1665.8639.0628.48-56.77
Price/Free Cash Flow ratio
-126.63-29.43-62.37-102.33-23.80-24.26-58.55-30.54-33.23582.29-15.51-23.80
Price/Earnings Growth ratio
N/A-0.131.134.43-0.036.694.07-1.26-0.030.420.21-0.03
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
N/AN/A100%80.75%60.06%64.07%62.31%56.84%43.32%45.62%51.98%64.07%
Operating Profit Margin
N/AN/A-3.18%-17.06%-37.22%-9.51%10.16%14.51%-0.76%3.18%9.49%-37.22%
Pretax Profit Margin
N/AN/A-3.18%-20.58%-72.97%-20.71%3.51%5.35%-16.94%-9.23%1.70%-72.97%
Net Profit Margin
N/AN/A-3.18%-26.11%-80.30%-31.60%-9.78%-9.02%-28.20%-20.88%-11.95%-80.30%
Effective Tax Rate
N/AN/A-141.30%-26.86%-10.03%-52.54%378.21%268.42%-66.46%-92.13%837.96%-10.03%
Return on Assets
-56.09%-105.98%-247.84%-3.32%-10.85%-9.47%-2.56%-3.34%-11.09%-9.08%-4.42%-10.85%
Return On Equity
-63.15%-112.41%-326.66%-4.78%-14.03%-17.08%-4.45%-6.21%-29.45%-26.76%-9.14%-14.03%
Return on Capital Employed
-64.54%-112.83%-326.66%-2.24%-5.26%-3.33%2.93%5.95%-0.35%1.64%4.01%-5.26%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A2.10N/A
Quick Ratio
7.9215.592.034.8111.310.630.781.520.720.410.590.63
Cash ratio
5.8914.481.924.3710.730.390.330.940.330.180.450.39
Days of Sales Outstanding
N/AN/A0.0323.5444.5330.2718.3318.9011.0216.9017.3430.27
Days of Inventory outstanding
N/AN/AN/A1.38K385.13378.79377.48328.45120.80107.63300.13378.79
Operating Cycle
N/AN/AN/A1.40K429.66409.07395.81347.35131.83124.53304.41409.07
Days of Payables Outstanding
N/AN/AN/A168.9447.1458.5772.7118.7038.9339.5445.5358.57
Cash Conversion Cycle
N/AN/AN/A1.23K382.52350.50323.09328.6592.8984.9945.81350.50
Debt Ratios
Debt Ratio
N/AN/A172.570.060.140.140.120.130.180.180.510.14
Debt Equity Ratio
N/AN/A227.450.090.190.250.210.240.480.551.110.19
Long-term Debt to Capitalization
N/AN/A0.990.080.150.170.170.190.300.340.370.15
Total Debt to Capitalization
N/AN/A0.990.080.160.200.170.190.320.350.380.16
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.25N/A
Cash Flow to Debt Ratio
N/AN/A-0.01-0.75-0.39-0.360.04-0.070.070.120.05-0.39
Company Equity Multiplier
1.121.061.311.431.291.801.731.852.652.942.151.29
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
N/AN/A-0.02-0.39-0.42-0.170.01-0.020.030.050.04-0.42
Free Cash Flow / Operating Cash Flow Ratio
1.371.051.002.392.383.14-9.226.06-1.980.06-1.833.14
Cash Flow Coverage Ratio
N/AN/A-0.01-0.75-0.39-0.360.04-0.070.070.120.05-0.39
Short Term Coverage Ratio
N/AN/AN/AN/A-13.77-2.251.90-17.270.891.902.26-13.77
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A