Ascend Wellness Holdings (AAWH) Tax Rate (2020 - 2023)
Ascend Wellness Holdings' Tax Rate was 36.85% in Q2 2026, up 130.92 percentage points from -94.08% a year earlier and up 104.55 percentage points from the prior quarter.
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Analysis
Ascend Wellness Holdings (AAWH) Tax Rate (2020 - 2023) Analysis & Trends
On a trailing twelve-month basis, Ascend Wellness Holdings' Tax Rate was -43.86% through Jun 30, 2026, up 52.00 percentage points year-over-year; for FY2025, it was -76.90%, up 36.54 percentage points from FY2024.
- Tax Rate shows a five-year change of +287.03 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -113.43% in FY2024 (+113.22 pp), -226.65% in FY2023 (-120.31 pp), -106.34% in FY2022 (-54.80 pp) and -51.55% in FY2021 (+312.38 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q2 2023.
- Compared with a year earlier, Tax Rate has increased for three straight quarters, with an average year-over-year change of +60.80 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q3 2022 (a gain of 1515.03 percentage points); the worst was Q3 2021 (a drop of 2486.82 percentage points).
- Per Business Quant data, AAWH's Tax Rate in the three quarters before Q2 2026 was -67.71% (Q1 2026), -50.01% (Q4 2025) and -90.65% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 308.32 Bn | 285.32 Bn | 7.85 Bn | 21.46% |
| 2 | British American Tobacco p.l.c | 133.26 Bn | 109.63 Bn | - | - |
| 3 | Altria | 126.98 Bn | 113.91 Bn | 3.94 Bn | 23.59% |
| 4 | Curaleaf Holdings | 2.49 Bn | 2.11 Bn | 170.48 Mn | - |
| 5 | Trulieve Cannabis | 2.22 Bn | 840.89 Mn | 162.29 Mn | - |
| 6 | RLX Technology | 1.99 Bn | -1.77 Bn | 52.74 Mn | - |
| 7 | Green Thumb Industries | 1.48 Bn | 244.63 Mn | 146.79 Mn | 131.08% |
| 8 | Cronos | 1.35 Bn | -1.92 Bn | 28.45 Mn | 0.14% |
| 9 | Turning Point Brands | 1.30 Bn | 409.51 Mn | 93.70 Mn | 26.34% |
| 10 | Ascend Wellness Holdings | 77.14 Mn | -223.72 Mn | 45.49 Mn | - |
API Access
Ascend Wellness Holdings Tax Rate 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=tax-rate&ticker=AAWH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=AAWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();