Ascend Wellness Holdings (AAWH) EBT Margin (2020 - 2026)
Ascend Wellness Holdings (AAWH) reported EBT Margin of -12.31% for Q2 2026, down 2.43 percentage points from -9.88% a year earlier but up 2.73 percentage points from the prior quarter.
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Analysis
Ascend Wellness Holdings (AAWH) EBT Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ascend Wellness Holdings' EBT Margin came in at -16.20%, down 7.70 percentage points year-over-year; for FY2025, it was -13.35%, down 6.26 percentage points from FY2024.
- EBT Margin has a five-year change of -9.77 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at -7.09% in FY2024 (-4.24 pp), -2.85% in FY2023 (+6.81 pp), -9.66% in FY2022 (+14.69 pp) and -24.35% in FY2021 (-20.78 pp).
- Five-year quarterly EBT Margin spans a low of -26.93% in Q4 2025 and a high of 4.54% in Q2 2023.
- Year over year, EBT Margin has now declined in each of the last three quarters, with an average year-over-year change of -5.74 percentage points over the last eight quarters.
- The high point for year-over-year EBT Margin in five years was Q1 2022 (a gain of 35.01 percentage points); the low point was Q4 2025 (a drop of 22.52 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -15.04% (Q1 2026), -26.93% (Q4 2025) and -10.86% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 38.35% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 47.93% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | -7.74% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 24.43% |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | -141.50% |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 5.20% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 50.59% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 9.78% |
| 10 | Ascend Wellness Holdings | 259.90 Mn | -40.14 Mn | 45.49 Mn | -12.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.31% |
| Mar 31, 2026 | -15.04% |
| Dec 31, 2025 | -26.93% |
| Sep 30, 2025 | -10.86% |
| Jun 30, 2025 | -9.88% |
| Mar 31, 2025 | -6.43% |
| Dec 31, 2024 | -4.41% |
| Sep 30, 2024 | -13.05% |
| Jun 30, 2024 | -6.84% |
| Mar 31, 2024 | -3.97% |
| Dec 31, 2023 | -5.26% |
| Sep 30, 2023 | -3.20% |
| Jun 30, 2023 | 4.54% |
| Mar 31, 2023 | -7.41% |
| Dec 31, 2022 | -2.78% |
| Sep 30, 2022 | -5.11% |
| Jun 30, 2022 | -9.95% |
| Mar 31, 2022 | -24.34% |
| Dec 31, 2021 | -9.12% |
| Sep 30, 2021 | -0.76% |
API Access
Ascend Wellness Holdings EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=AAWH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "AAWH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=AAWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();