Canopy Growth (CGC) Debt Ratio (2017 - 2026)
Canopy Growth's (CGC) quarterly Debt Ratio came in at 0.24 in Q2 2026, down 25.89% year-over-year from 0.33 in Q2 2025, and up 3.74% quarter-over-quarter from 0.23 in Q1 2026.
Analysis
Canopy Growth (CGC) Debt Ratio (2017 - 2026) Analysis & Trends
Canopy Growth has disclosed Debt Ratio across 10 years of filings, most recently posting 0.24 for Q2 2026.
- In Q2 2026, Debt Ratio fell 25.89% year-over-year to 0.24; the TTM figure through Jun 2026 stood at 0.24 (down 25.89% YoY), while the FY2026 annual figure was 0.23, down 31.57% from the prior year.
- Debt Ratio came in at 0.24 for Q2 2026 at Canopy Growth, up from 0.23 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.54 in Q1 2024 to a low of 0.2 in Q4 2025.
- Average Debt Ratio over 5 years is 0.37, with a median of 0.41 recorded in 2022.
- Year-over-year, Debt Ratio soared 100.04% in 2023 and sank 52.54% in 2025.
- Over 5 years, Debt Ratio stood at 0.41 in 2022, then increased by 9.75% to 0.45 in 2023, then retreated by 15.74% to 0.38 in 2024, then tumbled by 46.38% to 0.2 in 2025, then rose by 18.95% to 0.24 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.24 in Q2 2026, 0.23 in Q1 2026, and 0.2 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.61 Bn | 2.52 Bn | 169.91 Mn | 0.22 |
| 2 | Trulieve Cannabis | 2.33 Bn | 2.01 Bn | 162.29 Mn | 0.05 |
| 3 | Green Thumb Industries | 1.48 Bn | 1.19 Bn | 137.87 Mn | 0.11 |
| 4 | Cronos | 1.21 Bn | 460.32 Mn | 28.45 Mn | - |
| 5 | Verano Holdings | 884.47 Mn | 797.46 Mn | 99.70 Mn | 0.24 |
| 6 | Glass House Brands | 666.25 Mn | 647.70 Mn | 15.77 Mn | 0.22 |
| 7 | Tilray Brands | 592.57 Mn | 338.48 Mn | 90.52 Mn | 0.06 |
| 8 | Vireo Growth | 563.06 Mn | 420.76 Mn | 95.30 Mn | 0.23 |
| 9 | Canopy Growth | 410.33 Mn | 163.32 Mn | 16.08 Mn | 0.24 |
| 10 | Sndl | 376.60 Mn | 244.06 Mn | 40.74 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.24 |
| Mar 31, 2026 | 0.23 |
| Dec 31, 2025 | 0.20 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | 0.34 |
| Dec 31, 2024 | 0.38 |
| Sep 30, 2024 | 0.45 |
| Jun 30, 2024 | 0.44 |
| Mar 31, 2024 | 0.54 |
| Dec 31, 2023 | 0.45 |
| Sep 30, 2023 | 0.41 |
| Jun 30, 2023 | 0.48 |
| Mar 31, 2023 | 0.54 |
| Dec 31, 2022 | 0.41 |
| Sep 30, 2022 | 0.41 |
| Jun 30, 2022 | 0.42 |
| Mar 31, 2022 | 0.27 |
| Dec 31, 2021 | 0.24 |
| Sep 30, 2021 | 0.24 |