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Cresco Labs Inc
CNSX:CL

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Cresco Labs Inc
CNSX:CL
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Price: 1.48 CAD -5.13% Market Closed
Market Cap: CA$777.9m

Gross Margin

48.5%
Current
Improving
by 0.2%
vs 3-y average of 48.4%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
48.5%
=
Gross Profit
$325.3m
/
Revenue
$670.2m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
48.5%
=
Gross Profit
CA$325.3m
/
Revenue
$670.2m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Cresco Labs Inc
CNSX:CL
777.9m CAD
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US
Eli Lilly and Co
NYSE:LLY
959.3B USD
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US
Johnson & Johnson
NYSE:JNJ
585.3B USD
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CH
Roche Holding AG
SIX:ROG
291.8B CHF
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UK
AstraZeneca PLC
LSE:AZN
238.2B GBP
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CH
Novartis AG
SIX:NOVN
242.2B CHF
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US
Merck & Co Inc
NYSE:MRK
305.1B USD
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IE
Endo International PLC
LSE:0Y5F
218B USD
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DK
Novo Nordisk A/S
CSE:NOVO B
1.3T DKK
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US
Pfizer Inc
NYSE:PFE
151.4B USD
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UK
GSK plc
XETRA:GS71
103.6B EUR
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Market Distribution

In line with most companies in the United States of America
Percentile
56th
Based on 12 729 companies
56th percentile
48.5%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Cresco Labs Inc
Glance View

Market Cap
777.9m CAD
Industry
Pharmaceuticals

Cresco Labs Inc. engages in the business of cultivating medical grade cannabis, manufacturing medical products derived from cannabis cultivation, and distributing such products to medical or adult use consumers. The company is headquartered in Chicago, Illinois and currently employs 3,500 full-time employees. The company went IPO on 2018-12-03. The firm is the wholesaler of branded cannabis products in the United States. Its brands include Cresco, High Supply, Mindy's Edibles, Good News, Remedi, Wonder Wellness Co. and FloraCal Farms. Sunnyside, the Company’s national dispensary brand, is a wellness-focused retailer. The firm operates in and/ or has ownership interests in Illinois, Pennsylvania, Ohio, California, Maryland, Arizona, New York, Massachusetts, Michigan and Florida.

CL Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
48.5%
=
Gross Profit
$325.3m
/
Revenue
$670.2m
What is Cresco Labs Inc's current Gross Margin?

The current Gross Margin for Cresco Labs Inc is 48.5%, which is above its 3-year median of 48.4%.

How has Gross Margin changed over time?

Over the last 3 years, Cresco Labs Inc’s Gross Margin has decreased from 49.9% to 48.5%. During this period, it reached a low of 44.8% on Jun 30, 2023 and a high of 51.1% on Sep 30, 2024.

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