Canopy Growth (CGC) Asset Utilization Ratio (2020 - 2026)
Canopy Growth's (CGC) quarterly Asset Utilization Ratio came in at 0.42 in Q2 2026, up 27.61% year-over-year from 0.33 in Q2 2025, and up 3.13% quarter-over-quarter from 0.41 in Q4 2025.
Analysis
Canopy Growth (CGC) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
Canopy Growth has disclosed Asset Utilization Ratio across 7 years of filings, most recently posting 0.42 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 27.61% year-over-year to 0.42; the TTM figure through Jun 2026 stood at 0.42 (up 27.61% YoY), while the FY2026 annual figure was 0.31, up 15.26% from the prior year.
- Asset Utilization Ratio came in at 0.42 for Q2 2026 at Canopy Growth, up from 0.41 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.42 in Q2 2026 to a low of 0.09 in Q1 2022.
- Average Asset Utilization Ratio over 5 years is 0.23, with a median of 0.23 recorded in 2023.
- Year-over-year, Asset Utilization Ratio advanced 4.31% in 2022 and soared 78.2% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 0.13 in 2022, then surged by 60.58% to 0.21 in 2023, then jumped by 30.78% to 0.27 in 2024, then soared by 48.95% to 0.41 in 2025, then rose by 3.13% to 0.42 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.42 in Q2 2026, 0.41 in Q4 2025, and 0.3 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 0.46 |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | 0.47 |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 0.43 |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 0.20 |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 0.48 |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 0.46 |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | 0.42 |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 0.49 |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | 0.42 |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | 0.71 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.42 |
| Dec 31, 2025 | 0.41 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.33 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.27 |
| Dec 31, 2023 | 0.21 |
| Sep 30, 2023 | 0.17 |
| Jun 30, 2023 | 0.16 |
| Mar 31, 2023 | 0.15 |
| Dec 31, 2022 | 0.13 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | 0.11 |
| Mar 31, 2022 | 0.09 |
| Dec 31, 2021 | 0.09 |
| Sep 30, 2021 | 0.09 |
| Jun 30, 2021 | 0.09 |
| Mar 31, 2021 | 0.09 |