Ascend Wellness Holdings (AAWH) Total Debt (2020 - 2026)
Ascend Wellness Holdings (AAWH) recorded Total Debt of $318.83 million in Q2 2026, down 8.8% from $349.58 million a year earlier but up 5.5% from the prior quarter.
Ascend Wellness Holdings (AAWH) Total Debt (2020 - 2026) Analysis & Trends
At the end of FY2025, Ascend Wellness Holdings reported Total Debt of $301.47 million, up 5.0% from FY2024.
- Annual Total Debt has a five-year compound annual growth rate of 7.3% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $287.11 million in FY2024 (-7.0%), $308.71 million in FY2023 (-6.6%), $330.63 million in FY2022 (+27.8%) and $258.79 million in FY2021 (+22.3%).
- Quarterly Total Debt has ranged from $233.7 million in Q1 2022 to $369.05 million in Q3 2025 over the past five years.
- On a year-over-year basis, Total Debt rose in four of the last eight quarters, with growth averaging 2.5%.
- Peak year-over-year performance for Total Debt in the last five years was growth of 127.7% in Q2 2022, against a decline of 9.3% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $302.09 million (Q1 2026), $301.47 million (Q4 2025) and $369.05 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 49.11 Bn |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | 89.79 Bn |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 24.58 Bn |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | 611.54 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 24.26 Mn |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | 93.57 Mn |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 283.01 Mn |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 294.15 Mn |
| 10 | Ascend Wellness Holdings | 259.90 Mn | -40.14 Mn | 45.49 Mn | 318.83 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 318.83 Mn |
| Mar 31, 2026 | 302.09 Mn |
| Dec 31, 2025 | 301.47 Mn |
| Sep 30, 2025 | 369.05 Mn |
| Jun 30, 2025 | 349.58 Mn |
| Mar 31, 2025 | 333.02 Mn |
| Dec 31, 2024 | 287.11 Mn |
| Sep 30, 2024 | 305.90 Mn |
| Jun 30, 2024 | 309.29 Mn |
| Mar 31, 2024 | 310.52 Mn |
| Dec 31, 2023 | 308.71 Mn |
| Sep 30, 2023 | 307.42 Mn |
| Jun 30, 2023 | 309.80 Mn |
| Mar 31, 2023 | 324.05 Mn |
| Dec 31, 2022 | 330.63 Mn |
| Sep 30, 2022 | 310.44 Mn |
| Jun 30, 2022 | 293.28 Mn |
| Mar 31, 2022 | 233.70 Mn |
| Dec 31, 2021 | 258.79 Mn |
| Sep 30, 2021 | 255.57 Mn |
Ascend Wellness Holdings Total Debt 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=total-debt&ticker=AAWH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=AAWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();