Ascend Wellness Holdings (AAWH) EBT Margin (2020 - 2026)

Ascend Wellness Holdings' (AAWH) quarterly EBT Margin came in at 15.04% in Q1 2026, down 861.0% year-on-year from 1.98% in Q1 2025, and up 44.16% quarter-over-quarter from 26.93% in Q4 2025.

Ascend Wellness Holdings (AAWH) EBT Margin (2020 - 2026) Analysis & Trends

Ascend Wellness Holdings' EBT Margin history runs 7 years deep, the most recent figure standing at 15.04% for Q1 2026.

  • On a quarterly basis, EBT Margin fell 861.0% year-over-year to 15.04% in Q1 2026; TTM through Mar 2026 was 15.56%, a 781.0% decrease from a year earlier, with the FY2025 full-year figure at 13.35%, down 626.0% from the prior year.
  • EBT Margin advanced to 15.04% in Q1 2026 per AAWH's latest filing, from 26.93% in the prior quarter.
  • Across five years, EBT Margin topped out at 4.54% in Q2 2023 and bottomed at 26.93% in Q4 2025.
  • The 5-year median for EBT Margin is 6.84% (2024), against an average of 8.88%.
  • Across the five-year window, EBT Margin surged 3501 bps in 2022 and slumped 2252 bps in 2025, its largest moves.
  • Year by year, EBT Margin stood at 2.78% in 2022, then sank by 89 bps to 5.26% in 2023, then climbed by 16 bps to 4.41% in 2024, then sank by 510 bps to 26.93% in 2025, then surged by 44 bps to 15.04% in 2026.
  • Per Business Quant, the three latest AAWH EBT Margin figures stand at 15.04% (Q1 2026), 26.93% (Q4 2025), and 10.86% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 10.97%
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 33.51%
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -41.57%
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 40.73%
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn -7.05%
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 30.30%
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 6.35%
10 Ascend Wellness Holdings 83.00 Mn 22.91 Mn 44.88 Mn -15.04%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 -39.47%