Cresco Labs Inc. logo CRLBF - Cresco Labs Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 4
HOLD 3
SELL 0
STRONG
SELL
0
| PRICE TARGET: $5.50 DETAILS
HIGH: $8.50
LOW: $2.50
MEDIAN: $5.50
CONSENSUS: $5.50
UPSIDE: 539.53%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999
Revenue
Revenue 667.3 724.3 770.9 842.7 821.7 476.3 128.5 43.3 10.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Cost of Revenue 357.6 359.9 408.5 435.7 415.3 269.6 64.5 2.8 9.2 0.0 0.0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 309.7 364.5 329.9 407.0 406.3 206.7 64.1 40.4 1.2 3.2 (0.0) (0.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 231.3 232.3 274.6 350.7 317.8 180.0 91.5 31.2 0.0 0.0 0.0 0.0 0.2 0.3 0.3 0.3 0.4 0.3 0.7 0.4 1.6 0.4 0.2 0.1 0.0 0.0 0.0
Other Expenses 0 24.9 177.9 140.7 305.9 35.3 8.6 4.3 0.0 0 0.0 0.0 0.1 0.1 0.2 0 0.0 0 0.0 0 0.0 0.0 0 0 0.2 0.3 0.2
Operating Expenses 231.3 257.2 435.4 350.1 318.6 228.1 98.3 35.5 0.0 0.0 0.0 0.1 0.2 0.4 0.3 0.3 0.4 0.3 0.7 0.4 1.6 0.4 0.2 0.1 0.1 0.4 0.2
Operating Income
Operating Income 78.5 107.3 (87.8) (84.3) (217.4) (23.5) (34.3) 4.9 (0.0) (0.0) (0.0) (0.1) (0.2) (0.4) (0.3) (0.4) (0.5) (0.3) (0.7) (0.4) (1.6) (0.4) (0.3) (0.1) (0.1) (0.4) (0.2)
Interest Expense 57.3 58.9 64.4 58.5 52.1 32.6 9.5 0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0 1.1 0 0 0.2 0 0 0.1 0
Interest Income 0 2.9 2.5 0.7 0.9 1.5 1.6 0.1 0 0 0 0 0 0 0 0 0.0 0.0 0 0.0 0 0 0 0 0 0 0
Profitability
EBITDA 128.0 108.8 (14.6) (10.2) (157.0) 5.2 (29.5) 9.7 (3.5) (0.0) 0.1 (0.1) (0.2) (0.3) 0.0 (2.2) (2.9) (2.0) (0.6) (1.0) (1.6) (0.4) (0.2) (0.1) (0.0) (0.3) (0.2)
EBIT 78.5 46.0 (85.2) (65.7) (201.6) (31.5) (42.3) 7.5 (0.0) (0.1) 0.1 (0.1) (0.2) (0.3) 0.0 (2.2) (2.9) (2.0) (0.6) (1.0) (1.6) (0.4) (0.3) (0.1) (0.1) (0.4) (0.2)
Income Before Tax (97.1) (10.6) (146.9) (126.9) (256.7) (64.2) (50.8) 7.5 (0.1) (0.1) 0.0 (0.1) (0.2) (0.4) (0.0) (2.3) (2.9) (2.0) (0.6) (1.0) (1.5) (0.4) (0.5) (0.0) 0.1 (0.5) (0.2)
Income Tax Expense 45.4 49.9 33.0 88.9 40.1 28.6 14.5 4.4 0.0 0.0 (0.0) 0.0 0 0.0 (0.3) 0 2.5 (0.0) (0.1) 1.1 (0.1) (0.0) 0.1 (0.1) (0.2) 0.1 0
Net Income (142.5) (74.4) (175.5) (212.0) (319.6) (102.2) (43.2) (1.9) (0.1) (0.1) 0.0 (0.1) (0.2) (0.4) (0.0) (2.3) (2.9) (2.0) (0.6) (1.0) (1.4) (0.4) (0.4) (0.0) 0.1 (0.5) (0.2)
Per Share Data
EPS (Basic) -0.42 -0.22 -0.54 -0.71 -1.22 -0.49 -0.37 -0.03 -2.63 -3.10 1.16 -3.38 -5.82 -10.38 -1.11 -77.44 -108.25 -79.04 -24.14 -44.38 -71.04 -29.14 -43.91 -1.76 15.37 -86.80 -0.01
EPS (Diluted) -0.42 -0.22 -0.54 -0.71 -1.22 -0.49 -0.37 -0.03 -2.63 -3.10 1.16 -3.37 -5.82 -10.38 -1.11 -77.44 -108.25 -79.04 -24.14 -44.38 -71.04 -29.14 -43.91 -1.76 15.37 -86.80 -0.01
Shares Outstanding 340.5 345.5 323.8 298.2 262.3 210.5 118.3 59.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36.9
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999
Current Assets
Cash & Cash Equivalents 90.9 137.6 103.4 119.3 223.5 136.3 49.1 131.3 27.0 1.3 0.1 0.0 1.2 0.0 0.0 0 0.0 0.0
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0.0 0.2 0 0 0 0 0 0
Net Receivables 38.9 51.6 51.1 56.9 44.7 32.4 17.1 3.7 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0
Inventory 0 83.3 107.8 134.6 136.6 182.7 81.3 42.2 3.2 2.0 0 0 0 0 0 0 0 0
Other Current Assets 128.9 5.7 9.4 6.2 7.5 16.0 11.8 33.2 0 0.1 0 0.0 0 0.5 0 0 0 0
Total Current Assets 258.8 294.3 278.1 326.0 421.8 361.8 159.3 192.7 0.0 0.1 0.1 0.3 1.3 0.5 0.0 0.0 0.0 0.0
Non-Current Assets
Property, Plant & Equipment 326.6 455.5 475.1 508.0 457.1 287.4 202.5 39.7 5.0 1.1 2.4 4.0 1.5 0.1 0.1 0.1 0.1 0.0
Goodwill 207.8 283.5 279.7 330.6 446.8 451.9 137.7 51.1 0 0 0 0 0 0 0 0 0 0
Intangible Assets 274.8 294.0 297.0 407.6 437.6 195.5 94.2 25.5 0.3 0.1 0 0 0 0 0 0 0 0
Long-Term Investments 4.4 2.4 0.7 1.2 5.9 4.4 1.3 0.4 1.0 1.6 0 0 0 0 0 0 0 0
Other Non-Current Assets 122.7 12.6 16.4 10.3 4.7 24.9 19.7 8.6 1.3 2.4 0 0 0 0.3 0.3 0.3 0.3 0.4
Total Non-Current Assets 936.3 1,061.1 1,080.4 1,257.6 1,358.7 971.4 457.2 125.4 7.6 5.3 2.4 4.0 1.5 0.4 0.4 0.3 0.4 0.5
Total Assets 1,195.1 1,355.4 1,358.5 1,583.7 1,780.5 1,333.1 616.6 318.1 0.0 0.1 2.5 4.3 2.8 0.9 0.4 0.3 0.4 0.5
Current Liabilities
Account Payables 16.5 13.7 27.6 28.1 32.3 23.2 32.5 4.4 0.3 0.2 0 0 0.2 0.1 0.2 0.2 0 0
Short-Term Debt 7.5 9.3 9.8 9.5 9.7 25.9 0 0.3 0 0 0 0.2 0 0.2 0 0 0 0
Deferred Revenue 0 0 0 0 214.2 1.2 105.5 20.3 (0.1) (0.1) 0 0 0 0 0 0 0 0
Other Current Liabilities 60.4 2.5 82.3 167.7 120.0 133.5 75.8 17.6 0.1 0.7 0 (0.0) 0.0 0.0 0.1 0.1 0.2 0.3
Total Current Liabilities 100.0 94.3 200.2 280.9 288.4 194.6 150.2 25.2 1.1 1.0 0.9 0.9 0.2 0.2 0.4 0.5 0.7 0.5
Non-Current Liabilities
Long-Term Debt 416.3 460.8 495.2 476.9 465.1 255.4 0.6 0 0 0 0.1 0 0 0 0 0 0 0
Deferred Tax Liabilities 33.6 39.0 40.5 75.1 85.7 53.0 23.2 4.5 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 249.4 217.8 30.7 64.9 24.7 (141.7) 37.1 9.9 0 0 (0.0) 0 0 0 0 0 0 0
Total Non-Current Liabilities 843.1 872.8 730.2 715.1 694.3 413.7 143.8 9.9 0.3 0.2 0.1 0 0.2 0.2 0.3 0.4 0 0
Total Liabilities 943.1 967.2 930.4 996.0 982.7 608.4 293.9 35.1 1.1 1.0 1.0 0.9 0.2 0.2 0.4 0.5 0.7 0.5
Stockholders' Equity
Common Stock 1,719.1 1,706.8 1,689.5 1,617.1 1,597.7 826.3 275.9 162.2 11.0 10.4 0 0 0 0 0 0 3.1 3.1
Retained Earnings (1,497.5) (1,352.5) (1,265.5) (1,076.2) (841.9) (286.2) (114.6) (52.7) (15.0) (14.0) (14.3) (9.9) (5.1) (4.4) (3.4) (3.3) (3.6) (3.2)
Accumulated Other Comprehensive Income (1.6) (2.2) (1.2) (1.4) (0.3) (0.6) 0 20.1 0 0 (0.0) (0.0) 0.5 0.2 0.0 0 0 0
Total Stockholders' Equity 339.8 474.9 505.7 627.0 755.6 574.4 187.1 121.0 (1.1) (0.9) 1.5 3.4 2.5 0.7 0.0 (0.1) (0.4) (0.0)
Total Liabilities & Equity 1,195.1 1,355.4 1,358.5 1,583.7 1,780.5 1,333.1 616.6 318.1 0.0 0.1 2.5 4.3 2.8 0.9 0.4 0.3 0.4 0.5
Debt Metrics
Total Debt 583.1 639.6 682.8 670.2 624.7 354.6 94.9 0.3 0.1 0.1 0.1 0.2 0 0.2 0.2 0.2 0 0
Net Debt 492.2 502.1 579.3 550.8 401.2 218.2 45.8 (131.0) (26.9) (1.2) 0.1 0.2 (1.2) 0.2 0.2 0.2 (0.0) (0.0)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999
Operating Activities
Net Income (137.8) (60.5) (179.9) (215.8) (296.8) (36.6) (65.3) 3.1 (0.1) (0.1) (1.4) (0.4) (0.4) (0.0) 0.1 (0.5) (0.2)
Depreciation & Amortization 56.7 66.0 69.3 57.7 44.9 40.0 11.9 2.2 0.6 0.0 0.0 0 0 0 0.0 0.0 0.0
Stock-Based Compensation 0 14.2 16.4 23.2 27.5 18.8 14.9 10.5 0.0 0.4 0 0 0 0 0 0 0
Change in Working Capital 27.3 36.3 (7.3) 13.5 (29.1) 3.0 21.9 (1.0) 0.1 0.0 0.0 0.1 (0.1) 0.0 (0.0) 0.2 0.0
Other Non-Cash Items 131.7 10.6 192.7 144.8 302.8 (31.3) (9.7) (26.1) 0.0 0.1 1.2 0.3 0.3 (0.1) (0.2) 0.1 0.0
Operating Cash Flow 74.2 132.5 58.6 18.7 14.5 (10.8) (25.2) (9.9) 0.0 (0.0) (0.3) (0.1) (0.3) (0.1) (0.1) (0.0) (0.2)
Investing Activities
Capital Expenditure (35.8) (23.5) (57.9) (86.1) (97.1) (80.4) (96.1) (29.9) (4.1) (0.1) (2.4) (0.9) 0 (0.0) 0 0 (0.1)
Acquisitions (0.7) (3.2) 0 (1.1) (75.7) (14.8) (31.7) (37.1) 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 (2.9) (0.9) 0 0 (0.1) 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 38.5 (0.8) 0 0 0 0 0 0 0 0 0
Other Investing Activities (1.8) (2.5) 10.8 50.7 8.9 51.0 (15.4) (13.1) 2.4 0.7 0 0 (0.6) (0.0) (0.1) (0.0) (0.2)
Investing Cash Flow (41.4) (25.2) (44.6) (36.6) (163.9) (44.1) (107.6) (81.8) (1.7) 0.6 (2.4) (0.9) (0.6) (0.1) (0.1) (0.0) (0.3)
Financing Activities
Net Debt Issuance (75.7) (43.8) 16.7 (2.4) 160.8 178.7 0 (1.1) (0.2) 0.0 0 (0.2) (0.0) (0.0) 0 0 0
Stock Repurchased 0 (0.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 (0.2) (3.0) 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (7.9) (27.5) (43.6) (84.2) 74.4 (39.6) (6.6) (2.2) 32.6 0 (0.0) (0.0) (0.1) 0 0 0.1 0.4
Financing Cash Flow (83.5) (71.5) (26.9) (86.6) 235.0 142.7 48.9 202.7 (0.0) 0.0 1.7 1.8 0.9 0.1 0.1 0.1 0.4
Cash Position
Net Change in Cash (50.0) 35.7 (13.0) (104.6) 85.3 86.6 (83.9) 111.0 25.7 0.6 (1.0) 0.7 0.0 0.0 (0.0) (0.0) 0.0
Cash at Beginning 140.9 108.5 121.5 226.1 140.8 54.2 138.0 27.0 1.3 0.7 1.3 0.5 0.0 0.0 0.0 0.0 0.0
Cash at End 90.9 144.3 108.5 121.5 226.1 140.8 54.2 138.0 27.0 1.3 0.3 1.2 0.0 0.0 0.0 0.0 0.0
Free Cash Flow 38.4 109.0 0.7 (67.4) (82.6) (91.2) (121.3) (39.9) (4.0) (0.1) (2.7) (1.0) (0.3) (0.1) (0.1) (0.0) (0.2)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999
Income Statement
Revenue 667.3 724.3 770.9 842.7 821.7 476.3 128.5 43.3 10.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 309.7 364.5 329.9 407.0 406.3 206.7 64.1 40.4 1.2 3.2 (0.0) (0.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Income 78.5 107.3 (87.8) (84.3) (217.4) (23.5) (34.3) 4.9 (0.0) (0.0) (0.0) (0.1) (0.2) (0.4) (0.3) (0.4) (0.5) (0.3) (0.7) (0.4) (1.6) (0.4) (0.3) (0.1) (0.1) (0.4) (0.2)
Net Income (142.5) (74.4) (175.5) (212.0) (319.6) (102.2) (43.2) (1.9) (0.1) (0.1) 0.0 (0.1) (0.2) (0.4) (0.0) (2.3) (2.9) (2.0) (0.6) (1.0) (1.4) (0.4) (0.4) (0.0) 0.1 (0.5) (0.2)
EPS (Diluted) -0.42 -0.22 -0.54 -0.71 -1.22 -0.49 -0.37 -0.03 -2.63 -3.10 1.16 -3.37 -5.82 -10.38 -1.11 -77.44 -108.25 -79.04 -24.14 -44.38 -71.04 -29.14 -43.91 -1.76 15.37 -86.80 -0.01
Balance Sheet
Cash & Equivalents 90.9 137.6 103.4 119.3 223.5 136.3 49.1 131.3 27.0 1.3 0.1 0.0 1.2 0.0 0.0 0 0.0 0.0
Total Assets 1,195.1 1,355.4 1,358.5 1,583.7 1,780.5 1,333.1 616.6 318.1 0.0 0.1 2.5 4.3 2.8 0.9 0.4 0.3 0.4 0.5
Total Debt 583.1 639.6 682.8 670.2 624.7 354.6 94.9 0.3 0.1 0.1 0.1 0.2 0 0.2 0.2 0.2 0 0
Stockholders' Equity 339.8 474.9 505.7 627.0 755.6 574.4 187.1 121.0 (1.1) (0.9) 1.5 3.4 2.5 0.7 0.0 (0.1) (0.4) (0.0)
Cash Flow
Operating Cash Flow 74.2 132.5 58.6 18.7 14.5 (10.8) (25.2) (9.9) 0.0 (0.0) (0.3) (0.1) (0.3) (0.1) (0.1) (0.0) (0.2)
Capital Expenditure (35.8) (23.5) (57.9) (86.1) (97.1) (80.4) (96.1) (29.9) (4.1) (0.1) (2.4) (0.9) 0 (0.0) 0 0 (0.1)
Free Cash Flow 38.4 109.0 0.7 (67.4) (82.6) (91.2) (121.3) (39.9) (4.0) (0.1) (2.7) (1.0) (0.3) (0.1) (0.1) (0.0) (0.2)