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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) Operating Margin (2020 - 2025)

Ascend Wellness Holdings (AAWH) has 6 years of Operating Margin data on record, last reported at 1.06% in Q3 2025.

  • For Q3 2025, Operating Margin rose 64.0% year-over-year to 1.06%; the TTM value through Sep 2025 reached 1.21%, up 135.0%, while the annual FY2024 figure was 0.84%, 154.0% up from the prior year.
  • Operating Margin reached 1.06% in Q3 2025 per AAWH's latest filing, down from 0.79% in the prior quarter.
  • Across five years, Operating Margin topped out at 12.3% in Q3 2021 and bottomed at 48.37% in Q1 2021.
  • Average Operating Margin over 5 years is 2.26%, with a median of 0.22% recorded in 2023.
  • Peak YoY movement for Operating Margin: crashed -3882bps in 2021, then surged 3100bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 0.83% in 2021, then skyrocketed by 681bps to 4.8% in 2022, then tumbled by -92bps to 0.4% in 2023, then skyrocketed by 1014bps to 4.48% in 2024, then crashed by -124bps to 1.06% in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 1.06% in Q3 2025, 0.79% in Q2 2025, and 1.94% in Q1 2025.