Ascend Wellness Holdings (AAWH) FCF Margin (2020 - 2026)
Ascend Wellness Holdings (AAWH) recorded quarterly FCF Margin of 21.03% in Q1 2026, down 369.06% quarter-over-quarter from 7.82% in Q4 2025, and down 2259.0% on a YoY basis from 0.97% in Q1 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.
- In Q1 2026, FCF Margin fell 2259.0% year-over-year to 21.03%; the TTM figure through Mar 2026 stood at 2.97% (down 1270.0% YoY), while the FY2025 annual figure was 2.41%, down 663.0% from the prior year.
- FCF Margin was 21.03% for Q1 2026 at Ascend Wellness Holdings, down from 7.82% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 19.77% in Q2 2023 to a low of 24.61% in Q1 2022.
- Historically, FCF Margin has averaged 0.97% across 5 years, with a median of 1.54% in 2023.
- The sharpest annual moves came in 2022 and 2025: FCF Margin jumped 7118 bps in 2022, then slumped 2261 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 13.85% in 2022, then jumped by 92 bps to 1.05% in 2023, then jumped by 1189 bps to 11.48% in 2024, then sank by 32 bps to 7.82% in 2025, then tumbled by 369 bps to 21.03% in 2026.
- The last three FCF Margin figures came in at 21.03% (Q1 2026), 7.82% (Q4 2025), and 14.47% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | -5.22% |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 12.86% |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 46.39% |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | - |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 16.78% |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | -2.77% |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -429.96% |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | 13.24% |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 32.62% |
| 10 | Ascend Wellness Holdings | - | - | 44.88 Mn | -21.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -21.03% |
| Dec 31, 2025 | 7.82% |
| Sep 30, 2025 | -14.47% |
| Jun 30, 2025 | 14.68% |
| Mar 31, 2025 | 1.56% |
| Dec 31, 2024 | 11.48% |
| Sep 30, 2024 | 8.14% |
| Jun 30, 2024 | 17.05% |
| Mar 31, 2024 | -0.36% |
| Dec 31, 2023 | -1.05% |
| Sep 30, 2023 | 18.75% |
| Jun 30, 2023 | 19.77% |
| Mar 31, 2023 | 1.54% |
| Dec 31, 2022 | -13.85% |
| Sep 30, 2022 | -0.26% |
| Jun 30, 2022 | -8.60% |
| Mar 31, 2022 | -24.61% |
| Dec 31, 2021 | -41.76% |
| Sep 30, 2021 | -71.44% |
| Jun 30, 2021 | -8.85% |