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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Ascend Wellness Holdings (AAWH) Gross Margin (2020 - 2025)

Ascend Wellness Holdings (AAWH) has 6 years of Gross Margin data on record, last reported at 34.96% in Q3 2025.

  • For Q3 2025, Gross Margin rose 408.0% year-over-year to 34.96%; the TTM value through Sep 2025 reached 33.22%, up 54.0%, while the annual FY2024 figure was 32.8%, 289.0% up from the prior year.
  • Gross Margin reached 34.96% in Q3 2025 per AAWH's latest filing, up from 32.51% in the prior quarter.
  • Across five years, Gross Margin topped out at 44.86% in Q1 2021 and bottomed at 23.03% in Q2 2023.
  • Average Gross Margin over 5 years is 33.92%, with a median of 33.81% recorded in 2022.
  • Peak YoY movement for Gross Margin: surged 1169bps in 2021, then plummeted -1730bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 34.84% in 2021, then increased by 6bps to 37.03% in 2022, then fell by -8bps to 33.92% in 2023, then increased by 2bps to 34.46% in 2024, then increased by 1bps to 34.96% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 34.96% in Q3 2025, 32.51% in Q2 2025, and 30.91% in Q1 2025.