Ascend Wellness Holdings (AAWH) Invested Capital (2020 - 2026)
Ascend Wellness Holdings (AAWH) posted Invested Capital of $273.8 million for Q2 2026, up 8.25% on a QoQ basis from $252.9 million in Q1 2026, and down 27.53% year-over-year from $377.7 million in Q2 2025.
Analysis
Ascend Wellness Holdings (AAWH) Invested Capital (2020 - 2026) Analysis & Trends
Ascend Wellness Holdings has reported Invested Capital for 7 years, with the latest figure at $273.8 million in Q2 2026.
- On a quarterly basis, Invested Capital fell 27.53% year-over-year to $273.8 million in Q2 2026; TTM through Jun 2026 was $273.8 million, a 27.53% decrease from a year earlier, with the FY2025 full-year figure at $282.4 million, down 37.58% from the prior year.
- Invested Capital was $273.8 million for Q2 2026 at Ascend Wellness Holdings, up from $252.9 million in the prior quarter.
- The five-year high for Invested Capital was $494.0 million in Q4 2022, with the low at $252.9 million in Q1 2026.
- Average Invested Capital over 5 years is $410.1 million, with a median of $436.6 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Invested Capital soared 66.9% in 2022, then sank 37.58% in 2025.
- Over 5 years, Invested Capital stood at $494.0 million in 2022, then slipped by 8.59% to $451.6 million in 2023, then increased by 0.21% to $452.5 million in 2024, then tumbled by 37.58% to $282.4 million in 2025, then declined by 3.08% to $273.8 million in 2026.
- The last three Invested Capital figures came in at $273.8 million (Q2 2026), $252.9 million (Q1 2026), and $282.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 1.48 Bn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | 864.64 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 2.17 Bn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | - |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 142.77 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 741.30 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | 1.76 Bn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 1.08 Bn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | 690.90 Mn |
| 10 | Ascend Wellness Holdings | 93.59 Mn | 26.59 Mn | 45.49 Mn | 273.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 273.76 Mn |
| Mar 31, 2026 | 252.89 Mn |
| Dec 31, 2025 | 282.45 Mn |
| Sep 30, 2025 | 371.63 Mn |
| Jun 30, 2025 | 377.74 Mn |
| Mar 31, 2025 | 385.72 Mn |
| Dec 31, 2024 | 452.52 Mn |
| Sep 30, 2024 | 394.81 Mn |
| Jun 30, 2024 | 426.84 Mn |
| Mar 31, 2024 | 446.35 Mn |
| Dec 31, 2023 | 451.59 Mn |
| Sep 30, 2023 | 466.89 Mn |
| Jun 30, 2023 | 475.75 Mn |
| Mar 31, 2023 | 473.01 Mn |
| Dec 31, 2022 | 494.04 Mn |
| Sep 30, 2022 | 484.51 Mn |
| Jun 30, 2022 | 479.90 Mn |
| Mar 31, 2022 | 391.73 Mn |
| Dec 31, 2021 | 435.26 Mn |
| Sep 30, 2021 | 439.61 Mn |