Companies: 10,795·Total market cap: $144.5T
Acreage Holdings, Inc.

Acreage Holdings, Inc.

ACRDFOTCHealthcare
$0.12
+$0.00(+2.52%)
Market Cap$4880600
P/E Ratio—
52W High$0.68
52W Low$0.0322
Free Cash FlowFinancialsRevenue

Acreage Holdings, Inc. (ACRDF) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ACRDF · free cash flow · updated Jun 9, 2026

Core FCF metrics

Free cash flow was −$34.1M for FY2023 (fiscal year ending 2023-12-31), up 50.9% year-over-year The FCF margin was -15.3%.

FY2023 Free Cash Flow−$34.1M▲ +50.9% YoY
Trailing 12M (TTM)−$27.6Mtrailing 4 quarters sum
FCF Margin-15.3%−$34.1M ÷ revenue
3-Year CAGRN/AN/A — contains negative FCF
5-Year CAGRN/AN/A — contains negative FCF
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
acrdf free cash flow history · acrdf free cash flow chart · acrdf free cash flow growth rate · acrdf free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2023Latest−$34.1M▲ +50.9%-15.3%
FY2022−$69.5M▲ +5.6%-29.3%
FY2021−$73.6M▲ +11.5%-39.0%
FY2020−$83.2M▲ +52.9%-72.6%
FY2019−$176.5M▼ 174.3%-238.1%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
acrdf free cash flow 2023 · acrdf free cash flow 2022 · acrdf free cash flow 2021 · acrdf operating cash flow

FCF valuation metrics

Acreage Holdings, Inc. (ACRDF) reported negative free cash flow of −$0.03B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)
N/A
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
N/A
TTM FCF ÷ Shares Outstanding
Price / FCF
N/A
Share Price ÷ FCF per Share
EV / FCF (TTM)
N/A
Enterprise Value basis
!

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2023 · 2023-12-31
acrdf price to free cash flow · acrdf free cash flow yield · acrdf free cash flow per share · acrdf price to cash flow ratio

Cash flow statement summary

For FY2023, Acreage Holdings, Inc. generated −$15.1M in operating cash flow and spent 19M in capital expenditures, yielding −$34.1M in free cash flow.

Operating Activities
−$15.1M
Cash from core business operations
2023-12-31
Investing Activities
−$13.0M
CapEx, acquisitions & investments
2023-12-31
Financing Activities
+$21.6M
Buybacks, dividends & debt
2023-12-31
FCF FormulaOperating CF (−$15.1M) − |CapEx| (19M) = FCF (−$34.1M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
acrdf cash flow statement · acrdf cash flow statement 2023 · acrdf operating cash flow · acrdf cash flow from operations

Free cash flow vs peers (Healthcare)

#CompanyFree Cash FlowYoY
#1
Acreage Holdings, Inc.
Acreage Holdings, Inc.YOU
ACRDF
−$34.1M+50.9%
#2
Johnson & Johnson
Johnson & Johnson
JNJ
$19.70B-0.7%#3
AbbVie Inc.
AbbVie Inc.
ABBV
$17.82B-0.1%#4
UnitedHealth Group Incorporated
UnitedHealth Group Incorporated
UNH
$16.07B-22.4%#5
Eli Lilly and Company
Eli Lilly and Company
LLY
$8.97B+2065.6%
Healthcare · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Acreage Holdings, Inc. (ACRDF) reported free cash flow of −$34.1M for FY2023 (fiscal year ending 2023-12-31), up 50.9% year-over-year. The FCF margin was -15.3%.

Acreage Holdings, Inc. has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 8 fiscal years.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

ACRDF free cash flow · 8 questions

Acreage Holdings, Inc. free cash flow was −$34.1M for FY2023, up 50.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$27.6M.

ACRDF free cash flowACRDF FCFACRDF FCF 2023ACRDF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Acreage Holdings, Inc. · Acreage Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026