BTMD vs TRLV
biote Corp. and Trulieve Cannabis Corp., side by side — 5 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BTMD | TRLV |
|---|---|---|
| Revenue | $192.2M | $1.2B |
| Net income | $27.0M | $-122.2M |
| Gross margin | 71.5% | 60.2% |
| Net margin | 16.4% | −10.3% |
| Return on equity | · | −10.2% |
| Diluted EPS | $0.74 | −$0.58 |
| Dividend / share | · | · |
| Payout ratio | 6.4% | · |
| Free cash flow | $30.2M | $228.6M |
| Equity | $-58.5M | · |
| Net debt / equity | · | −0.10× |
| Current ratio | 1.22× | 4.43× |
| Revenue CAGR 5y | · | 17.8% |
| Profit CAGR 5y | · | · |
TRLV bills 6.1× the revenue of BTMD, and TRLV closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
5 years side by side
| Fiscal year | BTMD | TRLV |
|---|---|---|
| FY2025 | $192.2M | $1.2B |
| FY2024 | $197.2M | $1.2B |
| FY2023 | $185.4M | $1.1B |
| FY2022 | $165.0M | $1.2B |
| FY2021 | $139.4M | $931.9M |
Bottom line
| Fiscal year | BTMD | TRLV |
|---|---|---|
| FY2025 | $27.0M | $-122.2M |
| FY2024 | $3.2M | $-160.6M |
| FY2023 | $3.3M | $-533.1M |
| FY2022 | $-969,000 | $-252.7M |
| FY2021 | $32.6M | $17.4M |
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$988,961,000 | TRLV |
| FY2024 | −$989,299,000 | TRLV |
| FY2023 | −$943,833,000 | TRLV |
| FY2022 | −$1,053,272,000 | TRLV |
| FY2021 | −$792,538,000 | TRLV |
TRLV has reported the higher revenue in every one of these 5 fiscal years. The gap has widened since the earliest year compared.
5 of 7 comparable fiscal years — a year missing data on either side is not counted.
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +26.8 pp | BTMD |
| FY2024 | +13.6 pp | BTMD |
| FY2023 | +45.7 pp | BTMD |
| FY2022 | +21.5 pp | BTMD |
| FY2021 | +21.5 pp | BTMD |
BTMD has kept the higher net margin in every one of these 5 fiscal years.
5 of 7 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TRLV's net margin has been more volatile than BTMD's over the 5 comparable fiscal years — 16.3 percentage points of standard deviation against 10.1.
5 of 7 comparable fiscal years — a year missing data on either side is not counted.
Year by year
BTMD led in net margin in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.
5 of 7 comparable fiscal years — a year missing data on either side is not counted.