CL Stock Financial Analysis - Cresco Labs Inc. (CNSX) Stock

Overview

Cresco Labs Inc., based in the United States, operates prominently in the cannabis industry. The company primarily focuses on the cultivation, manufacturing, and retailing of cannabis and medical marijuana products, distinguishing itself through a vertically integrated business model that ensures control over its entire supply chain. Key projects include the expansion of its retail network under the Sunnyside* brand, aimed at redefining the dispensary experience through an emphasis on education and customer engagement. Additionally, Cresco Labs has heavily invested in state-of-the-art production facilities and processing infrastructure to support its house brands like Cresco, Remedi, and Mindy’s Edibles. These strategic initiatives allow the firm to maintain significant market presence in multiple U.S. states, adapting swiftly to evolving regulatory landscapes and consumer preferences.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for Cresco Labs Inc. as of June 30, 2025 is 677.35 MM.
The operating income for Cresco Labs Inc. as of June 30, 2025 is 89.40 MM.
The net income for Cresco Labs Inc. as of June 30, 2025 is -45.68 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	677.35	89.40	-45.68
2025-03-31	697.32	96.38	-83.68
2024-12-31	715.76	111.95	-74.44
2024-09-30	726.35	119.66	-67.43
2024-06-30	734.82	111.66	-172.46
2024-03-31	747.27	90.62	-154.66
2023-12-31	756.06	65.53	-175.52
2023-09-30	766.85	33.92	-339.49
2023-06-30	786.35	29.77	-233.71
2023-03-31	805.94	47.42	-210.72
2022-12-31	824.93	64.23	-212.05
2022-09-30	842.04	110.30	-65.44
2022-06-30	848.38	128.06	-326.30
2022-03-31	840.68	120.49	-317.58
2021-12-31	805.68	116.18	-319.60
2021-09-30	750.44	76.34	-359.50
2021-06-30	686.65	67.01	-73.40
2021-03-31	573.06	24.57	-105.00
2020-12-31	463.08	-18.50	-102.16
2020-09-30	345.23	-41.20	-75.51
2020-06-30
2020-03-31

Income Statement: EPS

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30
2025-03-31
2024-12-31	-0.22
2024-09-30	-0.20	-0.20
2024-06-30	-0.51	-0.51
2024-03-31	-0.46	-0.46
2023-12-31	-0.54
2023-09-30	-1.08	-1.08
2023-06-30	-0.77	-0.77
2023-03-31	-0.70	-0.70
2022-12-31	-0.71
2022-09-30	-0.22	-0.22
2022-06-30	-1.14	-1.14
2022-03-31	-1.15	-1.15
2021-12-31	-1.22
2021-09-30	-1.45	-1.45
2021-06-30	-0.31	-0.31
2021-03-31	-0.48	-0.47
2020-12-31	-0.49
2020-09-30	-0.40	-0.41
2020-06-30	-0.60	-0.61
2020-03-31	-0.46	-0.46

Cash Flow: Operations, Investing, Financing

The cash from operating activities for Cresco Labs Inc. as of June 30, 2025 is 118.14 MM.
The cash from investing activities for Cresco Labs Inc. as of June 30, 2025 is -30.62 MM.
The cash from financing activities for Cresco Labs Inc. as of June 30, 2025 is -53.70 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	118.14	-30.62	-53.70
2025-03-31	126.47	-26.42	-66.06
2024-12-31	132.48	-25.23	-71.48
2024-09-30	99.69	-19.61	-33.23
2024-06-30	90.95	-25.81	-20.71
2024-03-31	91.77	-29.59	-24.42
2023-12-31	58.56	-44.59	-26.91
2023-09-30	65.50	-59.65	-25.16
2023-06-30	50.48	-23.69	-44.32
2023-03-31	25.43	-23.03	-93.91
2022-12-31	18.74	-36.58	-86.64
2022-09-30	52.76	-88.23	-86.99
2022-06-30	34.23	-155.16	77.99
2022-03-31	-1.88	-171.36	96.43
2021-12-31	14.49	-163.93	235.00
2021-09-30	-3.44	-109.23	308.40
2021-06-30	19.65	-91.13	136.26
2021-03-31	43.26	-39.39	186.24
2020-12-31	-7.85	-64.75	161.49
2020-09-30	-34.13	-77.04	91.11
2020-06-30
2020-03-31

Valuation Metrics : PE, PriceToBook, PriceToTBV

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30
2020-03-31

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30
2020-03-31

Management Effectiveness

The roa for Cresco Labs Inc. as of June 30, 2025 is -0.06.
The roe for Cresco Labs Inc. as of June 30, 2025 is -0.22.
The roic for Cresco Labs Inc. as of June 30, 2025 is -0.08.
The croic for Cresco Labs Inc. as of June 30, 2025 is 0.03.
The ocroic for Cresco Labs Inc. as of June 30, 2025 is 0.12.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	-0.06	-0.22	-0.08	0.03	0.12
2025-03-31	-0.04	-0.14	-0.04	0.02	0.09
2024-12-31	-0.05	-0.14	-0.06	0.04	0.09
2024-09-30	-0.12	-0.16	-0.16	0.04	0.09
2024-06-30	-0.10	-0.27	-0.14	0.03	0.08
2024-03-31	-0.11	-0.31	-0.12	-0.01	0.04
2023-12-31	-0.19	-0.44	-0.30	-0.02	0.06
2023-09-30	-0.14	-0.30	-0.19	-0.01	0.04
2023-06-30	-0.13	-0.27	-0.15	-0.01	0.03
2023-03-31	-0.12	-0.28	-0.14	-0.06	0.02
2022-12-31	-0.04	-0.09	-0.04	-0.07	0.03
2022-09-30	-0.04	-0.09	-0.04	-0.07	0.03
2022-06-30	-0.20	-0.34	-0.19	-0.02	0.02
2022-03-31	-0.23	-0.45	-0.19	-0.04	-0.00
2021-12-31	-0.22	-0.41	-0.17	0.05	0.01
2021-09-30	-0.26	-0.42	-0.19	0.12	0.00
2021-06-30	-0.04	-0.07	-0.04	0.05	0.01
2021-03-31	-0.09	-0.14	-0.10	0.17	0.04
2020-12-31	-0.15	-0.29	-0.09	0.08	-0.01
2020-09-30	-0.24	-0.31	-0.10	-0.02	-0.05
2020-06-30	-0.28	-0.36	-0.10	0.01	-0.07
2020-03-31	-0.12	-0.16	-0.04	-0.04	-0.06

Gross Margins

The gross margin for Cresco Labs Inc. as of June 30, 2025 is 0.49.
The net margin for Cresco Labs Inc. as of June 30, 2025 is -0.12.
The operating margin for Cresco Labs Inc. as of June 30, 2025 is 0.14.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	0.49	-0.12	0.14
2025-03-31	0.52	-0.08	0.18
2024-12-31	0.50	-0.09	0.16
2024-09-30	0.50	-0.23	0.15
2024-06-30	0.48	-0.21	0.12
2024-03-31	0.47	-0.23	0.08
2023-12-31	0.46	-0.44	0.04
2023-09-30	0.47	-0.30	0.04
2023-06-30	0.47	-0.30	0.04
2023-03-31	0.48	-0.27	0.05
2022-12-31	0.51	-0.08	0.12
2022-09-30	0.51	-0.08	0.12
2022-06-30	0.54	-0.38	0.14
2022-03-31	0.53	-0.39	0.14
2021-12-31	0.49	-0.36	0.11
2021-09-30	0.62	-0.41	0.21
2021-06-30	0.66	-0.08	0.25
2021-03-31	0.47	-0.18	0.04
2020-12-31	0.43	-0.19	-0.05
2020-09-30	0.46	-0.29	-0.08
2020-06-30	0.63	-0.42	-0.06
2020-03-31	0.53	-0.26	-0.24