← Back to Screener
ScreenerNewsCompareWatchlist
VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesNewsCompareWatchlist
AnalyzeValuationTotal ReturnDCA CalculatorInsider Activity

CRDL logoCardiol Therapeutics Inc.(CRDL)Earnings, Financials & Key Ratios

CRDL•NASDAQ
$1.32
$147M mkt cap·Price updated May 6, 2026
SectorHealthcareIndustrySpecialty & Generic PharmaSub-IndustryCannabis and cannabinoid product companies
AboutCardiol Therapeutics Inc., a clinical-stage life sciences company, focuses on the research and development of anti-fibrotic and anti-inflammatory therapies for the treatment of cardiovascular disease (CVD). Its lead product is CardiolRx, which is in Phase II/III multi-national, randomized, double-blind, and placebo-controlled study to evaluate the efficacy and safety of CardiolRx as a cardioprotective therapy to reduce cardiovascular and respiratory events in patients hospitalized with COVID-19, as well as to evaluate the efficacy and safety of CardiolRx in acute myocarditis. The company is also developing subcutaneous formulation of CardiolRx for the treatment of fibrosis and inflammation in the heart that is related with the development and progression of heart failure. Cardiol Therapeutics Inc. was incorporated in 2017 and is headquartered in Oakville, Canada.Show more
  • Revenue$0
  • EBITDA-$40M-80.0%
  • Net Income-$37M-72.8%
  • EPS (Diluted)-0.51-15.9%
  • ROE-138.47%-117.8%
  • Debt/Equity0.01+3.9%
Technical→

CRDL Key Insights

Cardiol Therapeutics Inc. (CRDL) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Momentum leader: RS Rating 82 (top 18%)

✗Weaknesses

  • ✗Weak Piotroski F-Score: 2/9
  • ✗Shares diluted 11.0% in last year
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

CRDL Price & Volume

Cardiol Therapeutics Inc. (CRDL) stock price & volume — 10-year historical chart

Loading chart...

CRDL Growth Metrics

Cardiol Therapeutics Inc. (CRDL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM0.61%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM17.9%

Return on Capital

10 Years-77.9%
5 Years-90.98%
3 Years-90.5%
Last Year-151.25%

CRDL Recent Earnings

Cardiol Therapeutics Inc. (CRDL) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)
Q2 2026Latest
Mar 30, 2026
EPS
$0.05
Est $0.09
+43.4%
Revenue
—
Q4 2025
Nov 13, 2025
EPS
$0.09
Est $0.09
+0.0%
Revenue
—
Q3 2025
Aug 14, 2025
EPS
$0.07
Est $0.11
+36.4%
Revenue
—
Q2 2025
May 13, 2025
EPS
$0.10
Est $0.13
+23.1%
Revenue
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMar 30, 2026
$0.05vs $0.09+43.4%
—
Q4 2025Nov 13, 2025
$0.09vs $0.09+0.0%
—
Q3 2025Aug 14, 2025
$0.07vs $0.11+36.4%
—
Q2 2025May 13, 2025
$0.10vs $0.13+23.1%
—
Based on last 12 quarters of dataView full earnings history →

CRDL Peer Comparison

Cardiol Therapeutics Inc. (CRDL) competitors in Cannabis and cannabinoid product companies — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
RCKT logoRCKTRocket Pharmaceuticals, Inc.Direct Competitor418.11M3.86-1.92-80.49%0.09
IMVT logoIMVTImmunovant, Inc.Direct Competitor5.83B28.67-10.50-47.07%0.00
ARWR logoARWRArrowhead Pharmaceuticals, Inc.Direct Competitor11.08B79.14-6486.89232.58%18.54%35.64%0.73
TELA logoTELATELA Bio, Inc.Direct Competitor39.94M0.99-0.7418.56%-50.61%-272.13%1.51
MDGL logoMDGLMadrigal Pharmaceuticals, Inc.Product Competitor12.38B539.73-42.00432.05%-27.32%-50.15%0.59
ACAD logoACADACADIA Pharmaceuticals Inc.Product Competitor3.68B21.489.3811.87%36.49%41.9%0.04
INVA logoINVAInnoviva, Inc.Product Competitor1.91B22.526.8218.52%118.91%46.47%0.23
ARDX logoARDXArdelyx, Inc.Product Competitor1.74B7.10-27.3122.09%-13.58%-38.11%1.27

Compare CRDL vs Peers

Cardiol Therapeutics Inc. (CRDL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs RCKT

Most directly comparable listed peer for CRDL.

Scale Benchmark

vs JNJ

Larger-name benchmark to compare CRDL against a more recognizable public peer.

Peer Set

Compare Top 5

vs RCKT, IMVT, ARWR, TELA

CRDL Income Statement

Cardiol Therapeutics Inc. (CRDL) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Sales/Revenue000062.27K0000
Revenue Growth %------100%---
Cost of Goods Sold53.34K91.49K116.11K180.17K174.26K162.23K187.38K033.7K
COGS % of Revenue----279.87%----
Gross Profit
-53.34K▲ 0%
-91.49K▼ 71.5%
-116.11K▼ 26.9%
-180.17K▼ 55.2%
-112K▲ 37.8%
-162.23K▼ 44.8%
-187.38K▼ 15.5%
0▲ 100.0%
-33.7K▲ 0%
Gross Margin %-----179.87%----
Gross Profit Growth %--71.52%-26.91%-55.17%37.84%-44.85%-15.51%100%-
Operating Expenses1.6M7.49M10.78M16.06M30.46M30.33M22.29M40.28M33.19M
OpEx % of Revenue----48912.58%----
Selling, General & Admin1.1M5.87M8.06M7.81M21.86M16.34M11.55M26.26M18.9M
SG&A % of Revenue----35110.47%----
Research & Development441.26K1.53M2.72M8.25M8.59M13.99M10.73M14.01M14.21M
R&D % of Revenue----13802.1%----
Other Operating Expenses-60.56K000000076.01K
Operating Income
-1.59M▲ 0%
-7.39M▼ 365.0%
-10.89M▼ 47.4%
-16.24M▼ 49.1%
-30.57M▼ 88.2%
-30.49M▲ 0.2%
-22.47M▲ 26.3%
-40.28M▼ 79.2%
-33.23M▲ 0%
Operating Margin %-----49092.44%----
Operating Income Growth %--365.01%-47.42%-49.07%-88.22%0.25%26.3%-79.22%-
EBITDA-1.54M-7.3M-10.78M-16.06M-30.39M-30.33M-22.29M-40.11M-33.12M
EBITDA Margin %-----48812.58%----
EBITDA Growth %--375.2%-47.67%-49%-89.25%0.21%26.53%-80%2.31%
D&A (Non-Cash Add-back)53.34K91.49K116.11K180.17K174.26K162.23K187.38K162.1K109.7K
EBIT-1.56M-6.58M-10.55M-16.2M-25.01M-22.82M-21.22M-40.28M-31.75M
Net Interest Income-54.44K-560.07K188.78K60.11K106K1.24M2.04M1.19M857.97K
Interest Income6.12K103.31K245.42K60.11K106K1.24M2.04M1.19M857.97K
Interest Expense60.56K663.37K621-00000
Other Income/Expense-71.61K-8.5M342.2K38.87K5.56M7.68M1.25M3.6M937.56K
Pretax Income
-1.66M▲ 0%
-15.89M▼ 856.9%
-10.55M▲ 33.6%
-16.2M▼ 53.5%
-25.01M▼ 54.4%
-22.82M▲ 8.8%
-21.22M▲ 7.0%
-36.68M▼ 72.8%
-32.29M▲ 0%
Pretax Margin %-----40170.87%----
Income Tax60.56K663.37K0000000
Effective Tax Rate %-3.65%-4.17%0%0%0%0%0%0%0%
Net Income
-1.66M▲ 0%
-15.89M▼ 856.9%
-10.55M▲ 33.6%
-16.2M▼ 53.5%
-25.01M▼ 54.4%
-22.82M▲ 8.8%
-21.22M▲ 7.0%
-36.68M▼ 72.8%
-32.29M▲ 0%
Net Margin %-----40170.87%----
Net Income Growth %--856.92%33.61%-53.53%-54.39%8.78%6.99%-72.82%0.61%
Net Income (Continuing)-1.81M-15.89M-10.55M-16.2M-25.01M-22.82M-21.22M-36.68M-32.29M
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)
-0.07▲ 0%
-0.66▼ 802.9%
-0.53▲ 19.7%
-0.69▼ 30.2%
-0.73▼ 5.8%
-0.49▲ 32.9%
-0.44▲ 10.2%
-0.51▼ 15.9%
-0.38▲ 0%
EPS Growth %--802.87%19.7%-30.19%-5.8%32.88%10.2%-15.91%17.9%
EPS (Basic)-0.07-0.66-0.53-0.69-0.73-0.49-0.44-0.51-
Diluted Shares Outstanding22.71M24.2M25.82M29.86M43.22M62.51M64.46M71.57M84.73M
Basic Shares Outstanding22.71M24.2M25.82M29.86M43.22M62.51M64.46M71.57M84.73M
Dividend Payout Ratio---------

CRDL Balance Sheet

Cardiol Therapeutics Inc. (CRDL) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Total Current Assets2.48M24.03M14.37M14.95M87.14M45.32M36.15M31.67M12.81M
Cash & Short-Term Investments2.36M16.73M6.96M14.03M83.9M43.87M34.93M30.58M11.62M
Cash Only2.36M16.73M6.96M14.03M83.9M43.83M34.93M30.58M11.62M
Short-Term Investments0000045.65K000
Accounts Receivable101.75K460.78K0065.74K354.24K0361.62K195.88K
Days Sales Outstanding----385.35----
Inventory06.35M6.2M357.02K00000
Days Inventory Outstanding-25.31K19.5K723.27-----
Other Current Assets00927.87K219.92K341.39K0279.87K00
Total Non-Current Assets735.83K658.13K1.13M943.24K735.74K435.64K547.42K195.59K140.98K
Property, Plant & Equipment18.81K25.55K584.05K479.55K356.49K218.16K337.06K195.59K140.98K
Fixed Asset Turnover----0.17x---0.00x
Goodwill000000000
Intangible Assets717.02K632.58K548.13K463.69K379.25K217.47K210.36K00
Long-Term Investments000000000
Other Non-Current Assets000000000
Total Assets
3.22M▲ 0%
24.68M▲ 666.4%
15.5M▼ 37.2%
15.89M▲ 2.5%
87.88M▲ 452.9%
45.76M▼ 47.9%
36.7M▼ 19.8%
31.86M▼ 13.2%
12.95M▲ 0%
Asset Turnover----0.00x---0.00x
Asset Growth %-666.45%-37.2%2.52%452.92%-47.93%-19.8%-13.18%-81.72%
Total Current Liabilities176.71K2.14M690.55K2.52M11.57M7.23M8.3M7.01M3.29M
Accounts Payable165.41K1.99M561.29K1.77M4.14M6.16M7.62M6.98M0
Days Payables Outstanding1.13K7.93K1.76K3.59K8.67K13.86K14.85K-61.42K
Short-Term Debt0000037.21K000
Deferred Revenue (Current)000000000
Other Current Liabilities11.3K153.89K006.66M1.04M238.18K03.25M
Current Ratio14.06x11.22x20.81x5.94x7.53x6.27x4.36x4.52x4.52x
Quick Ratio14.06x8.26x11.83x5.80x7.53x6.27x4.36x4.52x4.52x
Cash Conversion Cycle---------
Total Non-Current Liabilities190.04K269.22K140.28K104.65K72.87K16.54K158.53K125.52K97.27K
Long-Term Debt190.04K269.22K0000000
Capital Lease Obligations00140.28K104.65K72.87K16.54K158.53K125.52K446.2K
Deferred Tax Liabilities000000000
Other Non-Current Liabilities000000000
Total Liabilities366.76K2.41M830.83K2.62M11.64M7.25M8.45M7.14M3.39M
Total Debt190.04K269.22K190.75K156.57K117.58K53.76K174.34K158.53K134.2K
Net Debt-2.17M-16.46M-6.77M-13.87M-83.78M-43.77M-34.76M-30.42M-11.49M
Debt / Equity0.07x0.01x0.01x0.01x0.00x0.00x0.01x0.01x0.01x
Debt / EBITDA---------0.00x
Net Debt / EBITDA--------0.35x
Interest Coverage-26.24x-11.14x-17543.88x------
Total Equity
2.85M▲ 0%
22.27M▲ 680.5%
14.67M▼ 34.1%
13.27M▼ 9.6%
76.24M▲ 474.5%
38.51M▼ 49.5%
28.25M▼ 26.6%
24.73M▼ 12.5%
9.56M▲ 0%
Equity Growth %-680.47%-34.13%-9.55%474.5%-49.49%-26.65%-12.45%-56.25%
Book Value per Share0.130.920.570.441.760.620.440.350.11
Total Shareholders' Equity2.85M22.27M14.67M13.27M76.24M38.51M28.25M24.73M9.56M
Common Stock4.26M36.72M39.41M51.92M142.92M108.84M148.52M179.34M187.36M
Retained Earnings-1.66M-17.55M-31.24M-51.88M-83.52M-84.43M-142.58M-179.25M-205.9M
Treasury Stock000000000
Accumulated OCI259.46K1.85M1.73M4.46M4.18M2.6M3.52M00
Minority Interest000000000

CRDL Cash Flow Statement

Cardiol Therapeutics Inc. (CRDL) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Cash from Operations-1.29M-10.89M-11.38M-9.13M-23.55M-27.22M-25.18M-25.06M-25.06M
Operating CF Margin %-----37822.25%----
Operating CF Growth %--743.06%-4.46%19.78%-157.97%-15.58%7.49%0.47%25.72%
Net Income-1.66M-15.89M-13.68M-20.64M-31.64M-30.93M-28.13M-36.68M-32.29M
Depreciation & Amortization53.34K91.49K150.57K229.54K220.42K219.91K248.35K373.11K124.5K
Stock-Based Compensation2371.65M3.27M2.77M8.5M5.01M4.16M14.28M10.83M
Deferred Taxes07.88M00-4.92M-9.16M000
Other Non-Cash Items267.01K574.86K507.74K201.02K4.21M1.89M-911.39K-2.1M-1.28M
Working Capital Changes48.38K-5.2M-1.62M8.32M76.52K5.75M-545.88K-931.57K887.8K
Change in Receivables-101.75K-359.03K-467.09K707.95K-59.95K-144.18K200.32K-81.75K70.83K
Change in Inventory0-6.35K142.58K1.1M17.97K-4.47M000
Change in Payables176.71K1.96M467.09K02.39M4.47M000
Cash from Investing-29.17K-13.79K-424.31K-40.6K-12.92K-74.71K-64.31K-21.29K-27.55K
Capital Expenditures-29.17K-13.79K-424.31K-40.6K-12.92K-74.71K-64.31K-21.29K-27.55K
CapEx % of Revenue----20.74%----
Acquisitions000000000
Investments---------
Other Investing-7.23K00000000
Cash from Financing3.68M25.28M2.03M16.3M93.44M-53.93K-55.38K18.84M18.68M
Debt Issued (Net)400K12.07M-20.19K-50.47K-51.92K-53.93K-55.38K-41.53K-55.38K
Equity Issued (Net)1000K1000K1000K1000K1000K001000K0
Dividends Paid000000000
Share Repurchases000000000
Other Financing-120.55K-1.02M382.15K-904.51K9.41M00-2.47M18.74M
Net Change in Cash
2.36M▲ 0%
14.37M▲ 510.0%
-9.78M▼ 168.0%
7.07M▲ 172.3%
69.87M▲ 888.5%
-24.43M▼ 135.0%
-24.54M▼ 0.4%
-4.35M▲ 82.3%
-4.26M▲ 0%
Free Cash Flow
-1.32M▲ 0%
-10.91M▼ 725.5%
-11.8M▼ 8.2%
-9.17M▲ 22.3%
-23.56M▼ 157.0%
-27.3M▼ 15.8%
-25.24M▲ 7.5%
-25.08M▲ 0.6%
-24.25M▲ 0%
FCF Margin %-----37842.99%----
FCF Growth %--725.49%-8.22%22.32%-156.97%-15.84%7.51%0.64%6.58%
FCF per Share-0.06-0.45-0.46-0.31-0.55-0.44-0.39-0.35-0.35
FCF Conversion (FCF/Net Income)0.78x0.69x1.08x0.56x0.94x1.19x1.19x0.68x0.75x
Interest Paid000000000
Taxes Paid000000000

CRDL Key Ratios

Cardiol Therapeutics Inc. (CRDL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2018201920202021202220232024TTM
Return on Equity (ROE)-126.5%-57.12%-115.96%-55.89%-39.77%-63.58%-138.47%-337.72%
Return on Invested Capital (ROIC)-170.57%-119.13%-333.33%----513.31%
Gross Margin----179.87%----
Net Margin----40170.87%----
Debt / Equity0.01x0.01x0.01x0.00x0.00x0.01x0.01x0.01x
Interest Coverage-11.14x-17543.88x------
FCF Conversion0.69x1.08x0.56x0.94x1.19x1.19x0.68x0.75x
Revenue Growth-----100%---

CRDL Frequently Asked Questions

Cardiol Therapeutics Inc. (CRDL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Cardiol Therapeutics Inc. (CRDL) grew revenue by 0.0% over the past year. Growth has been modest.

Cardiol Therapeutics Inc. (CRDL) reported a net loss of $32.3M for fiscal year 2024.

Dividend & Returns

Cardiol Therapeutics Inc. (CRDL) has a return on equity (ROE) of -138.5%. Negative ROE indicates the company is unprofitable.

Cardiol Therapeutics Inc. (CRDL) had negative free cash flow of $24.3M in fiscal year 2024, likely due to heavy capital investments.

Explore More CRDL

Cardiol Therapeutics Inc. (CRDL) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screener
  • Themes
  • Market Valuation
  • Valuation
  • Compare
  • Total Return
  • DCA Calculator
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Follow @VCPScanner on X

Get weekly stock ideas — free

© 2026 VCP Scanner. All rights reserved.
About·Privacy Policy·Terms of Service
Not financial advice. Do your own research.