Ascend Wellness Holdings (AAWH) Return on Capital Employed [ROCE] (2021 - 2026)
Ascend Wellness Holdings (AAWH) posted Return on Capital Employed [ROCE] of -1.39% for Q2 2026, down 2.03 percentage points from 0.64% a year earlier but up 0.72 percentage points from the prior quarter.
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Analysis
Ascend Wellness Holdings (AAWH) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, Ascend Wellness Holdings' Return on Capital Employed [ROCE] came in at -2.14%, down 2.76 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a four-year change of +1.62 percentage points (FY2021 to FY2025).
- In prior years, Ascend Wellness Holdings' Return on Capital Employed [ROCE] was 0.62% in FY2024 (+1.07 pp), -0.45% in FY2023 (+0.65 pp), -1.10% in FY2022 (+2.66 pp) and -3.75% in FY2021.
- Quarterly Return on Capital Employed [ROCE] has run from a low of -2.85% in Q4 2021 to a high of 0.99% in Q1 2023 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined in each of the last three quarters, with an average year-over-year change of -0.63 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q1 2022, with a gain of 6.70 percentage points; the weakest was Q4 2025, with a drop of 2.77 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was -2.11% (Q1 2026), -2.14% (Q4 2025) and 0.78% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 38.19% |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 41.87% |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | 0.77% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 3.58% |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | -11.88% |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 4.47% |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | -0.22% |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 10.34% |
| 10 | Ascend Wellness Holdings | 211.17 Mn | -88.87 Mn | 45.49 Mn | -1.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.39% |
| Mar 31, 2026 | -2.11% |
| Dec 31, 2025 | -2.14% |
| Sep 30, 2025 | 0.78% |
| Jun 30, 2025 | 0.64% |
| Mar 31, 2025 | 0.61% |
| Dec 31, 2024 | 0.63% |
| Sep 30, 2024 | -0.10% |
| Jun 30, 2024 | 0.63% |
| Mar 31, 2024 | -0.16% |
| Dec 31, 2023 | -0.44% |
| Sep 30, 2023 | 0.15% |
| Jun 30, 2023 | 0.02% |
| Mar 31, 2023 | 0.99% |
| Dec 31, 2022 | -1.01% |
| Sep 30, 2022 | -1.95% |
| Jun 30, 2022 | -0.69% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | -2.85% |
| Sep 30, 2021 | -2.21% |
API Access
Ascend Wellness Holdings Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=AAWH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=AAWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();