🚀 VC round data is live in beta, check it out!
Tilray Brands Valuation Multiples
Discover revenue and EBITDA valuation multiples for Tilray Brands and similar public comparables like Glass House Brands, Cronos Group, Canopy Growth, Vireo Growth and more.
Tilray Brands Overview
About Tilray Brands
Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. In 2021, legacy Aphria acquired legacy Tilray in a reverse merger and renamed itself Tilray. The bulk of its sales are in Canada and in the international medical cannabis export market. US exposure comes mainly from alcohol.
Founded
2011
HQ
Employees
2.8K
Website
Financials (LTM)
EV
$880M
Tilray Brands Financials
Tilray Brands reported last 12-month revenue of $873M and EBITDA of $61M.
In the same LTM period, Tilray Brands generated $243M in gross profit, $61M in EBITDA, and had net loss of ($341M).
Revenue (LTM)
Tilray Brands P&L
In the most recent fiscal year, Tilray Brands reported revenue of $821M and EBITDA of $55M.
Tilray Brands expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $873M | XXX | $821M | XXX | XXX | XXX |
| Gross Profit | $243M | XXX | $241M | XXX | XXX | XXX |
| Gross Margin | 28% | XXX | 29% | XXX | XXX | XXX |
| EBITDA | $61M | XXX | $55M | XXX | XXX | XXX |
| EBITDA Margin | 7% | XXX | 7% | XXX | XXX | XXX |
| EBIT Margin | (38%) | XXX | (13%) | XXX | XXX | XXX |
| Net Profit | ($341M) | XXX | ($2B) | XXX | XXX | XXX |
| Net Margin | (39%) | XXX | (266%) | XXX | XXX | XXX |
| Net Debt | — | — | $35M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Tilray Brands Stock Performance
Tilray Brands has current market cap of $783M, and enterprise value of $880M.
Market Cap Evolution
Tilray Brands' stock price is $6.72.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $880M | $783M | 2.3% | XXX | XXX | XXX | $-18.76 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialTilray Brands Valuation Multiples
Tilray Brands trades at 1.0x EV/Revenue multiple, and 14.5x EV/EBITDA.
EV / Revenue (LTM)
Tilray Brands Financial Valuation Multiples
As of April 14, 2026, Tilray Brands has market cap of $783M and EV of $880M.
Equity research analysts estimate Tilray Brands' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Tilray Brands has a P/E ratio of (2.3x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $783M | XXX | $783M | XXX | XXX | XXX |
| EV (current) | $880M | XXX | $880M | XXX | XXX | XXX |
| EV/Revenue | 1.0x | XXX | 1.1x | XXX | XXX | XXX |
| EV/EBITDA | 14.5x | XXX | 16.0x | XXX | XXX | XXX |
| EV/EBIT | (2.7x) | XXX | (8.2x) | XXX | XXX | XXX |
| EV/Gross Profit | 3.6x | XXX | 3.7x | XXX | XXX | XXX |
| P/E | (2.3x) | XXX | (0.4x) | XXX | XXX | XXX |
| EV/FCF | (20.9x) | XXX | (9.3x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Tilray Brands Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Tilray Brands Margins & Growth Rates
Tilray Brands' revenue in the last 12 month grew by 21%.
Tilray Brands' revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
Tilray Brands' rule of 40 is 24% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Tilray Brands' rule of X is 49% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Tilray Brands Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 21% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Margin | 7% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Growth | 41% | XXX | 12% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 24% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 49% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 11% | XXX | 11% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 22% | XXX | 20% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 0% | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 42% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Tilray Brands Public Comps
See public comps and valuation multiples for other Cannabis comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Tilray Brands | XXX | XXX | XXX | XXX | XXX | XXX |
| Glass House Brands | XXX | XXX | XXX | XXX | XXX | XXX |
| Cronos Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Canopy Growth | XXX | XXX | XXX | XXX | XXX | XXX |
| Vireo Growth | XXX | XXX | XXX | XXX | XXX | XXX |
| Verano Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Tilray Brands M&A Activity
Tilray Brands acquired XXX companies to date.
Last acquisition by Tilray Brands was on XXXXXXXX, XXXXX. Tilray Brands acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Tilray Brands
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialTilray Brands Investment Activity
Tilray Brands invested in XXX companies to date.
Tilray Brands made its latest investment on XXXXXXXX, XXXXX. Tilray Brands invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Tilray Brands
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Tilray Brands
| When was Tilray Brands founded? | Tilray Brands was founded in 2011. |
| Where is Tilray Brands headquartered? | Tilray Brands is headquartered in United States. |
| How many employees does Tilray Brands have? | As of today, Tilray Brands has over 2K employees. |
| Who is the CEO of Tilray Brands? | Tilray Brands' CEO is Irwin D. Simon. |
| Is Tilray Brands publicly listed? | Yes, Tilray Brands is a public company listed on Nasdaq. |
| What is the stock symbol of Tilray Brands? | Tilray Brands trades under TLRY ticker. |
| When did Tilray Brands go public? | Tilray Brands went public in 2015. |
| Who are competitors of Tilray Brands? | Tilray Brands main competitors are Glass House Brands, Cronos Group, Canopy Growth, Vireo Growth. |
| What is the current market cap of Tilray Brands? | Tilray Brands' current market cap is $783M. |
| What is the current revenue of Tilray Brands? | Tilray Brands' last 12 months revenue is $873M. |
| What is the current revenue growth of Tilray Brands? | Tilray Brands revenue growth (NTM/LTM) is 21%. |
| What is the current EV/Revenue multiple of Tilray Brands? | Current revenue multiple of Tilray Brands is 1.0x. |
| Is Tilray Brands profitable? | Yes, Tilray Brands is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Tilray Brands? | Tilray Brands' last 12 months EBITDA is $61M. |
| What is Tilray Brands' EBITDA margin? | Tilray Brands' last 12 months EBITDA margin is 7%. |
| What is the current EV/EBITDA multiple of Tilray Brands? | Current EBITDA multiple of Tilray Brands is 14.5x. |
| What is the current FCF of Tilray Brands? | Tilray Brands' last 12 months FCF is ($42M). |
| What is Tilray Brands' FCF margin? | Tilray Brands' last 12 months FCF margin is (5%). |
| What is the current EV/FCF multiple of Tilray Brands? | Current FCF multiple of Tilray Brands is (20.9x). |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.