Ascend Wellness Holdings (AAWH) FCF Margin (2020 - 2026)
Ascend Wellness Holdings' (AAWH) quarterly FCF Margin came in at 21.03% in Q1 2026, down 2259.0% year-on-year from 0.97% in Q1 2025, and down 176.17% quarter-over-quarter from 27.61% in Q4 2025.
Ascend Wellness Holdings (AAWH) FCF Margin (2020 - 2026) Analysis & Trends
Ascend Wellness Holdings' FCF Margin history runs 7 years deep, the most recent figure standing at 21.03% for Q1 2026.
- On a quarterly basis, FCF Margin fell 2259.0% year-over-year to 21.03% in Q1 2026; TTM through Mar 2026 was 1.9%, a 707.0% decrease from a year earlier, with the FY2025 full-year figure at 7.17%, down 187.0% from the prior year.
- FCF Margin fell to 21.03% in Q1 2026 per AAWH's latest filing, from 27.61% in the prior quarter.
- Across five years, FCF Margin topped out at 27.61% in Q4 2025 and bottomed at 21.03% in Q1 2026.
- The 5-year median for FCF Margin is 2.57% (2024), against an average of 3.09%.
- Biggest YoY gain for FCF Margin was 7527 bps in 2022; the steepest drop was 6104 bps in 2022.
- Year by year, FCF Margin stood at 20.59% in 2022, then jumped by 159 bps to 12.15% in 2023, then dropped by 19 bps to 9.85% in 2024, then surged by 180 bps to 27.61% in 2025, then tumbled by 176 bps to 21.03% in 2026.
- Per Business Quant, the three latest AAWH FCF Margin figures stand at 21.03% (Q1 2026), 27.61% (Q4 2025), and 6.78% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 89.28 Bn | 87.42 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 35.97 Bn | 32.23 Bn | 1.97 Bn | -5.22% |
| 3 | Zoetis | 32.42 Bn | 30.48 Bn | 1.62 Bn | 12.86% |
| 4 | Takeda Pharmaceutical | 27.48 Bn | 23.42 Bn | 4.39 Bn | -5.35% |
| 5 | United Therapeutics | 22.89 Bn | 20.73 Bn | 648.10 Mn | 46.54% |
| 6 | RedHill Biopharma | 22.11 Bn | 22.11 Bn | - | - |
| 7 | Viatris | 20.44 Bn | 18.64 Bn | 1.16 Bn | 9.93% |
| 8 | Neurocrine Biosciences | 17.76 Bn | 16.44 Bn | 800.70 Mn | 17.73% |
| 9 | Elanco Animal Health | 12.62 Bn | 12.19 Bn | 785.00 Mn | -2.77% |
| 10 | Ascend Wellness Holdings | 78.95 Mn | 18.03 Mn | 44.88 Mn | -21.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -21.03% |
| Dec 31, 2025 | 27.61% |
| Sep 30, 2025 | -6.78% |
| Jun 30, 2025 | 7.13% |
| Mar 31, 2025 | 1.56% |
| Dec 31, 2024 | 9.85% |
| Sep 30, 2024 | 1.01% |
| Jun 30, 2024 | 22.80% |
| Mar 31, 2024 | 2.57% |
| Dec 31, 2023 | 12.15% |
| Sep 30, 2023 | 18.75% |
| Jun 30, 2023 | 16.77% |
| Mar 31, 2023 | 4.77% |
| Dec 31, 2022 | -20.59% |
| Sep 30, 2022 | -1.07% |
| Jun 30, 2022 | -10.53% |
| Mar 31, 2022 | -12.46% |
| Dec 31, 2021 | 40.45% |
| Sep 30, 2021 | -76.34% |
| Jun 30, 2021 | 12.01% |