Cronos (CRON) Asset Utilization Ratio (2020 - 2026)
Cronos' (CRON) Asset Utilization Ratio was 0.20 for Q2 2026, up 34.8% from 0.15 a year earlier and up 13.3% from the prior quarter.
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Analysis
Cronos (CRON) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Cronos was 0.16, up 16.6% from FY2024.
- Asset Utilization Ratio has increased for six consecutive years.
- By year, Asset Utilization Ratio came in at 0.14 in FY2024 (+37.3%), 0.10 in FY2023 (+22.1%), 0.08 in FY2022 (+74.8%) and 0.05 in FY2021 (+77.0%).
- The Q2 2026 figure ranks as the highest quarterly Asset Utilization Ratio in data going back to Q1 2020.
- Year over year, Asset Utilization Ratio has now increased in each of the last 22 quarters, with growth averaging 24.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Asset Utilization Ratio ranged from 10.1% (Q3 2025) to 128.4% (Q3 2021).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.18 (Q1 2026), 0.16 (Q4 2025) and 0.15 (Q3 2025).
Peer Set
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 | Verano Holdings | 877.15 Mn | 550.77 Mn | 99.70 Mn | 0.49 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.20 |
| Mar 31, 2026 | 0.18 |
| Dec 31, 2025 | 0.16 |
| Sep 30, 2025 | 0.15 |
| Jun 30, 2025 | 0.15 |
| Mar 31, 2025 | 0.15 |
| Dec 31, 2024 | 0.14 |
| Sep 30, 2024 | 0.14 |
| Jun 30, 2024 | 0.13 |
| Mar 31, 2024 | 0.11 |
| Dec 31, 2023 | 0.11 |
| Sep 30, 2023 | 0.10 |
| Jun 30, 2023 | 0.09 |
| Mar 31, 2023 | 0.09 |
| Dec 31, 2022 | 0.09 |
| Sep 30, 2022 | 0.08 |
| Jun 30, 2022 | 0.08 |
| Mar 31, 2022 | 0.07 |
| Dec 31, 2021 | 0.05 |
| Sep 30, 2021 | 0.05 |
API Access
Cronos 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=CRON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "CRON", "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=CRON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();