Cresco Labs Debt-to-Equity Ratio Growth & History (CRLBF)
Cresco Labs's debt-to-equity ratio was 1.77 for fiscal 2025.
View full Cresco Labs company overviewCresco Labs annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.77 | 0.40 | +29.05% |
| 2024 | 2024-12-31 | 1.37 | −0.36 | −20.66% |
| 2023 | 2023-12-31 | 1.72 | 0.66 | +61.36% |
| 2022 | 2022-12-31 | 1.07 | 0.24 | +29.26% |
| 2021 | 2021-12-31 | 0.83 | −0.13 | −13.32% |
| 2020 | 2020-12-31 | 0.95 | 0.44 | +87.02% |
| 2019 | 2019-12-31 | 0.51 | — | — |
Cresco Labs quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.65 | 0.23 | +16.28% |
| Q1 2026 | 2026-03-31 | 1.75 | — | — |
| Q4 2025 | 2025-12-31 | 1.77 | 0.40 | +29.05% |
| Q3 2025 | 2025-09-30 | 1.36 | — | — |
| Q2 2025 | 2025-06-30 | 1.42 | — | — |
| Q4 2024 | 2024-12-31 | 1.37 | −0.36 | −20.66% |
| Q4 2023 | 2023-12-31 | 1.72 | 0.66 | +61.36% |
| Q4 2022 | 2022-12-31 | 1.07 | 0.24 | +29.26% |
| Q4 2021 | 2021-12-31 | 0.83 | −0.13 | −13.32% |
| Q4 2020 | 2020-12-31 | 0.95 | 0.44 | +87.02% |
| Q4 2019 | 2019-12-31 | 0.51 | — | — |
Cresco Labs debt-to-equity ratio trends
Over the last five fiscal years, Cresco Labs's debt-to-equity ratio increased from 0.95 to 1.77, a change of 0.81. The latest reported quarter, Q2 2026, shows 1.65.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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