Canopy Growth (CGC) Asset Utilization Ratio (2020 - 2026)
Canopy Growth's (CGC) Asset Utilization Ratio was 0.34 for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 9.5% from 0.37 a year earlier but up 2.9% from the prior quarter.
Canopy Growth (CGC) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
Dating back to fiscal Q1 2021, Canopy Growth's Asset Utilization Ratio record includes 25 quarters.
- Asset Utilization Ratio has increased for four consecutive fiscal years.
- By fiscal year, Asset Utilization Ratio came in at 0.28 in FY2025 (+53.2%), 0.18 in FY2024 (+98.7%), 0.09 in FY2023 (+2.6%) and 0.09 in FY2022 (-0.1%).
- Five-year quarterly Asset Utilization Ratio spans a low of 0.09 in fiscal Q2 2022 and a high of 0.37 in fiscal Q1 2026.
- Year over year, Asset Utilization Ratio gained in seven of the last eight quarters, with growth averaging 22.5%.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q4 2024 (growth of 78.2%); the low point was fiscal Q1 2027 (a decline of 9.5%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 0.33 (Q4 2026), 0.31 (Q3 2026) and 0.34 (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 0.62 |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 0.69 |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | 0.46 |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 0.28 |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | 0.47 |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 0.43 |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 0.20 |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 0.62 |
| 10 | Canopy Growth | 393.41 Mn | -613.77 Mn | 16.08 Mn | 0.34 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.34 |
| Mar 31, 2026 | 0.33 |
| Dec 31, 2025 | 0.31 |
| Sep 30, 2025 | 0.34 |
| Jun 30, 2025 | 0.37 |
| Mar 31, 2025 | 0.31 |
| 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 |
Canopy Growth Asset Utilization Ratio 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=asset-utilization-ratio&ticker=CGC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "CGC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();