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Indivior Pharmaceuticals vs Trulieve Cannabis

Indivior Pharmaceuticals and Trulieve Cannabis are similar in size: $1.24bn and $1.18bn of revenue in their latest fiscal years. Indivior Pharmaceuticals grew faster (4.3% against -0.4%). Indivior Pharmaceuticals kept more of each dollar of sales as profit: a net margin of 16.9% against -9.9%.

Latest fiscal yearIndivior PharmaceuticalsINDV, 2025Trulieve CannabisTRLV, 2025
Revenue $1.24bn $1.18bn
Revenue growth 4.3% -0.4%
Net income $210m −$116m
Operating margin 21.1% 12.1%
Net margin 16.9% -9.9%
Return on equity — -9.7%
Free cash flow −$93.0m $229m
Cash $195m $256m
Total debt $319m $141m
Debt to equity — 12.3%
Dividend per share — —
Dividend yield — —
Share buybacks $11.0m —
Employees 838 5,000
Market value $4.43bn $2.20bn
Price vs our value range Above our value range Below our value range
Moat score — 28 (Weak)
Insider trades, 12 months 10 buys, 3 sales 0 buys, 7 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.