CRON vs TLRY
Cronos Group Inc. and Tilray Brands, Inc., side by side — 9 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CRON | TLRY |
|---|---|---|
| Revenue | $193.4M | $915.5M |
| Net income | $-9.4M | $-121.4M |
| Gross margin | 42.8% | 28.4% |
| Net margin | −2.0% | −11.5% |
| Return on equity | −0.9% | −7.8% |
| Diluted EPS | −$0.02 | −$1.09 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $149,000 | · |
| Equity | $1.1B | $1.6B |
| Net debt / equity | · | −0.13× |
| Current ratio | 19.59× | 2.21× |
| Revenue CAGR 5y | 28.9% | 12.3% |
| Profit CAGR 5y | · | · |
TLRY bills 4.7× the revenue of CRON, and both 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.
9 years side by side
| Fiscal year | CRON | TLRY |
|---|---|---|
| FY2025 | $193.4M | $915.5M |
| FY2024 | $161.8M | $821.3M |
| FY2023 | $120.3M | $788.9M |
| FY2022 | $109.3M | $627.1M |
| FY2021 | $79.6M | $628.4M |
| FY2020 | $54.4M | $513.1M |
| FY2019 | $25.6M | $405.3M |
| FY2018 | $13.2M | $179.3M |
| FY2017 | $3.1M | $20.5M |
Bottom line
| Fiscal year | CRON | TLRY |
|---|---|---|
| FY2025 | $-9.4M | $-121.4M |
| FY2024 | $41.1M | $-2.2B |
| FY2023 | $-74.0M | $-245.0M |
| FY2022 | $-168.7M | $-1.5B |
| FY2021 | $-396.1M | $-476.8M |
| FY2020 | $-73.1M | $-367.4M |
| FY2019 | $1.2B | $-102.5M |
| FY2018 | $-21.6M | $-25.0M |
| FY2017 | $-1.5M | $-7.8M |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$722,091,000 | TLRY |
| FY2024 | −$659,488,000 | TLRY |
| FY2023 | −$668,672,000 | TLRY |
| FY2022 | −$517,823,000 | TLRY |
| FY2021 | −$548,760,000 | TLRY |
| FY2020 | −$458,732,000 | TLRY |
| FY2019 | −$379,687,000 | TLRY |
| FY2018 | −$166,069,000 | TLRY |
| FY2017 | −$17,391,000 | TLRY |
TLRY has reported the higher revenue in every one of these 9 fiscal years. The gap has widened since the earliest year compared.
9 of 10 comparable fiscal years — a year missing data on either side is not counted.
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +9.5 pp | CRON |
| FY2024 | +299.6 pp | CRON |
| FY2023 | −57.3 pp | TLRY |
| FY2022 | +35.6 pp | CRON |
| FY2021 | −546.1 pp | TLRY |
| FY2020 | −95.6 pp | TLRY |
| FY2018 | −159.9 pp | TLRY |
| FY2017 | −9.1 pp | TLRY |
The higher net margin has changed hands between CRON and TLRY over this period.
8 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CRON's net margin has been more volatile than TLRY's over the 8 comparable fiscal years — 190.3 percentage points of standard deviation against 92.9.
8 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between CRON and TLRY over these 8 fiscal years — CRON led in 3 and TLRY in 5.
8 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CRON's return on equity has been more volatile than TLRY's over the 7 comparable fiscal years — 46.6 percentage points of standard deviation against 27.4.
7 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between CRON and TLRY over these 7 fiscal years — CRON led in 6 and TLRY in 1.
7 of 10 comparable fiscal years — a year missing data on either side is not counted.