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

Ascend Wellness Holdings' (AAWH) quarterly Debt Ratio came in at 0.35 in Q1 2026, down 4.64% year-on-year from 0.36 in Q1 2025, and down 4.66% quarter-over-quarter from 0.36 in Q4 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.

  • On a quarterly basis, Debt Ratio fell 4.64% year-over-year to 0.35 in Q1 2026; TTM through Mar 2026 was 0.35, a 4.64% decrease from a year earlier, with the FY2025 full-year figure at 0.36, down 14.07% from the prior year.
  • Debt Ratio eased to 0.35 in Q1 2026 per AAWH's latest filing, from 0.36 in the prior quarter.
  • Across five years, Debt Ratio topped out at 906.76 in Q3 2025 and bottomed at 0.33 in Q1 2022.
  • The 5-year median for Debt Ratio is 0.35 (2022), against an average of 53.67.
  • Across the five-year window, Debt Ratio tumbled 36.81% in 2022 and jumped 265456.86% in 2025, its largest moves.
  • Year by year, Debt Ratio stood at 0.38 in 2022, then slipped by 12.31% to 0.33 in 2023, then advanced by 27.2% to 0.42 in 2024, then slipped by 14.07% to 0.36 in 2025, then declined by 4.66% to 0.35 in 2026.
  • Per Business Quant, the three latest AAWH Debt Ratio figures stand at 0.35 (Q1 2026), 0.36 (Q4 2025), and 906.76 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - 0.26
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 0.42
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 0.60
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 0.29
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn -
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - 0.10
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 0.39
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn -
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 0.29
10 Ascend Wellness Holdings 83.00 Mn 22.91 Mn 44.88 Mn 0.35

Historic Data

Download Data
DateValue
Mar 31, 2026 0.35
Dec 31, 2025 0.36
Sep 30, 2025 906.76
Jun 30, 2025 0.39
Mar 31, 2025 0.36
Dec 31, 2024 0.42
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