Growth Metrics

Ascend Wellness Holdings (AAWH) Debt to Equity (2020 - 2026)

Ascend Wellness Holdings has reported Debt to Equity over the past 6 years, most recently at -$6.47 for Q4 2025.

  • For Q4 2025, Debt to Equity fell 261.73% year-over-year to -$6.47; the TTM value through Dec 2025 reached -$6.47, down 261.73%, while the annual FY2025 figure was -$6.47, 261.73% down from the prior year.
  • Debt to Equity for Q4 2025 was -$6.47 at Ascend Wellness Holdings, down from $143.15 in the prior quarter.
  • Over five years, Debt to Equity peaked at $143.15 in Q3 2025 and troughed at -$17.17 in Q1 2021.
  • A 5-year average of $8.45 and a median of $1.98 in 2022 define the central range for Debt to Equity.
  • On a YoY basis, Debt to Equity climbed as much as 4060.72% in 2025 and fell as far as 261.73% in 2025.
  • Year by year, Debt to Equity stood at $1.47 in 2021, then skyrocketed by 37.97% to $2.02 in 2022, then rose by 3.21% to $2.09 in 2023, then surged by 91.49% to $4.0 in 2024, then plummeted by 261.73% to -$6.47 in 2025.
  • Business Quant data shows Debt to Equity for AAWH at -$6.47 in Q4 2025, $143.15 in Q3 2025, and $12.42 in Q2 2025.