Growth Metrics

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

Ascend Wellness Holdings has reported Net Margin over the past 6 years, most recently at 40.4% for Q4 2025.

  • Quarterly results put Net Margin at 40.4% for Q4 2025, down 2806.0% from a year ago — trailing twelve months through Dec 2025 was 23.61% (down 848.0% YoY), and the annual figure for FY2025 was 23.61%, down 848.0%.
  • Net Margin for Q4 2025 was 40.4% at Ascend Wellness Holdings, down from 20.7% in the prior quarter.
  • Over the last five years, Net Margin for AAWH hit a ceiling of 0.68% in Q2 2023 and a floor of 72.91% in Q1 2021.
  • Median Net Margin over the past 5 years was 15.78% (2023), compared with a mean of 21.76%.
  • Biggest five-year swings in Net Margin: plummeted -4141bps in 2021 and later skyrocketed 4022bps in 2022.
  • Ascend Wellness Holdings' Net Margin stood at 18.66% in 2021, then grew by 28bps to 13.43% in 2022, then dropped by -3bps to 13.8% in 2023, then rose by 11bps to 12.35% in 2024, then plummeted by -227bps to 40.4% in 2025.
  • The last three reported values for Net Margin were 40.4% (Q4 2025), 20.7% (Q3 2025), and 19.17% (Q2 2025) per Business Quant data.