Ascend Wellness Holdings (AAWH) Debt Ratio (2020 - 2026)

Ascend Wellness Holdings (AAWH) recorded quarterly Debt Ratio of 0.35 in Q1 2026, up 4.32% quarter-over-quarter from 0.33 in Q4 2025, and down 4.64% on a YoY basis from 0.36 in Q1 2025.

Ascend Wellness Holdings (AAWH) Debt Ratio (2020 - 2026) Analysis & Trends

Ascend Wellness Holdings' Debt Ratio history runs 7 years deep, the most recent figure standing at 0.35 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 4.64% year-over-year to 0.35; the TTM figure through Mar 2026 stood at 0.35 (down 4.64% YoY), while the FY2025 annual figure was 0.33, up 4.13% from the prior year.
  • Debt Ratio was 0.35 for Q1 2026 at Ascend Wellness Holdings, up from 0.33 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.41 in Q3 2025 to a low of 0.32 in Q4 2024.
  • Historically, Debt Ratio has averaged 0.35 across 5 years, with a median of 0.34 in 2023.
  • Biggest YoY gain for Debt Ratio was 59.03% in 2022; the steepest drop was 36.81% in 2022.
  • A 5-year view of Debt Ratio shows it stood at 0.38 in 2022, then slipped by 12.31% to 0.33 in 2023, then dropped by 4.07% to 0.32 in 2024, then increased by 4.13% to 0.33 in 2025, then climbed by 4.32% to 0.35 in 2026.
  • The last three Debt Ratio figures came in at 0.35 (Q1 2026), 0.33 (Q4 2025), and 0.41 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 0.42
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 0.60
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn -
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 0.01
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn -
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 0.30
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 0.35
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 0.24
10 Ascend Wellness Holdings - - 44.88 Mn 0.35

Historic Data

Download Data
DateValue
Mar 31, 2026 0.35
Dec 31, 2025 0.33
Sep 30, 2025 0.41
Jun 30, 2025 0.39
Mar 31, 2025 0.36
Dec 31, 2024 0.32
Sep 30, 2024 0.34
Jun 30, 2024 0.33
Mar 31, 2024 0.34
Dec 31, 2023 0.33
Sep 30, 2023 0.34
Jun 30, 2023 0.34
Mar 31, 2023 0.37
Dec 31, 2022 0.38
Sep 30, 2022 0.37
Jun 30, 2022 0.35
Mar 31, 2022 0.33
Dec 31, 2021 0.36
Sep 30, 2021 0.36
Jun 30, 2021 0.22