CGCCanopy Growth Corporation

$0.85-42% 1Y
Latest close: a new 52-week lowOct 8, 2026what changed →

Is the business good?

Good

Margins widening. That is the only one of 4 checks this filer's data supports, so take it as a single data point rather than a settled answer.

1 good, 3 without data
Margin direction, 3 years+237.5 ptsderived

Operating margin has widened over the past few years, the business is getting more profitable per dollar of sales.

Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.

How good a business is CGC?

Canopy Growth Corporation earns −22% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

−22%

Return on invested capital · cost of capital 9.0% · 31 points below what the capital costs: growth destroys value

Operating margin
−55%

Operating margin · Drug Manufacturers - Specialty & Generic median 11% · 12 months to Q1 2027

Share count, year on year
+124%

Share count, year on year · shareholders own a smaller slice than a year ago

Gross margin
25%

Gross margin

Operating margin by fiscal year
YearOperating margin
FY2021−227%
FY2022−214%
FY2023−789%
FY2024−77%
FY2025−44%
FY2026−57%
Details›
Gross margin12 months to Q1 2027
25%
Operating margin12 months to Q1 2027
−55%
Net margin12 months to Q1 2027
−79%
Free cash flow margin
−28%
Revenue, trailing twelve months
$294M
Free cash flow, trailing twelve months
−$83M
Net income, trailing twelve months
−$233M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
−22%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.