Ascend Wellness Holdings (AAWH) Return on Assets [ROA] (2021 - 2026)
Ascend Wellness Holdings (AAWH) recorded Return on Assets [ROA] of -12.93% in Q2 2026, down 3.19 percentage points from -9.75% a year earlier but up 1.50 percentage points from the prior quarter.
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Analysis
Ascend Wellness Holdings (AAWH) Return on Assets [ROA] (2021 - 2026) Analysis & Trends
For FY2025, Ascend Wellness Holdings reported Return on Assets [ROA] of -13.07%, down 3.73 percentage points from FY2024.
- Annual Return on Assets [ROA] has a four-year change of +8.24 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at -9.34% in FY2024 (-3.96 pp), -5.38% in FY2023 (+4.76 pp), -10.14% in FY2022 (+11.17 pp) and -21.31% in FY2021.
- Quarterly Return on Assets [ROA] has ranged from -17.54% in Q3 2021 to -4.86% in Q3 2023 over the past five years.
- On a year-over-year basis, Return on Assets [ROA] has declined for three consecutive quarters, with an average year-over-year change of -3.38 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 9.73 percentage points in Q2 2022, against a drop of 4.95 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -14.43% (Q1 2026), -13.07% (Q4 2025) and -9.56% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 303.77 Bn | 280.77 Bn | 7.85 Bn | 16.80% |
| 2 | British American Tobacco p.l.c | 131.50 Bn | 107.87 Bn | - | - |
| 3 | Altria | 125.86 Bn | 112.79 Bn | 3.94 Bn | 23.91% |
| 4 | Curaleaf Holdings | 2.37 Bn | 1.99 Bn | 170.48 Mn | -0.29% |
| 5 | Trulieve Cannabis | 2.14 Bn | 754.17 Mn | 162.29 Mn | -19.60% |
| 6 | RLX Technology | 1.95 Bn | -1.82 Bn | 52.74 Mn | 5.78% |
| 7 | Green Thumb Industries | 1.47 Bn | 238.07 Mn | 146.79 Mn | 3.35% |
| 8 | Cronos | 1.37 Bn | -1.90 Bn | 28.45 Mn | 6.74% |
| 9 | Turning Point Brands | 1.28 Bn | 391.61 Mn | 93.70 Mn | 7.33% |
| 10 | Ascend Wellness Holdings | 76.27 Mn | -224.60 Mn | 45.49 Mn | -12.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.93% |
| Mar 31, 2026 | -14.43% |
| Dec 31, 2025 | -13.07% |
| Sep 30, 2025 | -9.56% |
| Jun 30, 2025 | -9.75% |
| Mar 31, 2025 | -9.48% |
| Dec 31, 2024 | -9.46% |
| Sep 30, 2024 | -9.59% |
| Jun 30, 2024 | -7.62% |
| Mar 31, 2024 | -5.20% |
| Dec 31, 2023 | -5.28% |
| Sep 30, 2023 | -4.86% |
| Jun 30, 2023 | -5.60% |
| Mar 31, 2023 | -8.21% |
| Dec 31, 2022 | -9.41% |
| Sep 30, 2022 | -9.83% |
| Jun 30, 2022 | -10.18% |
| Mar 31, 2022 | -14.22% |
| Dec 31, 2021 | -17.03% |
| Sep 30, 2021 | -17.54% |
API Access
Ascend Wellness Holdings Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=AAWH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "AAWH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=AAWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();