Sndl (SNDL) Return on Assets [ROA] (2019 - 2026)
Sndl (SNDL) recorded Return on Assets [ROA] of -4.81% in Q3 2026, up 2.17 percentage points from -6.97% a year earlier but down 3.09 percentage points from the prior quarter.
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Analysis
Sndl (SNDL) Return on Assets [ROA] (2019 - 2026) Analysis & Trends
For FY2025, Sndl reported Return on Assets [ROA] of -1.18%, up 5.66 percentage points from FY2024.
- Annual Return on Assets [ROA] has increased for six straight years, with a five-year change of +56.44 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at -6.84% in FY2024 (+4.72 pp), -11.56% in FY2023 (+13.67 pp), -25.23% in FY2022 (+1.55 pp) and -26.78% in FY2021 (+30.83 pp).
- Quarterly Return on Assets [ROA] has ranged from -23.82% in Q1 2023 to -0.84% in Q1 2026 over the past five years.
- On a year-over-year basis, Return on Assets [ROA] has increased for 13 consecutive quarters, with an average year-over-year change of +3.56 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 120.40 percentage points in Q4 2021, against a drop of 21.55 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -1.72% (Q2 2026), -0.84% (Q1 2026) and -1.16% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.85 Bn | 281.83 Bn | 7.85 Bn | 16.80% |
| 2 | British American Tobacco p.l.c | 140.62 Bn | 117.27 Bn | - | - |
| 3 | Altria | 126.99 Bn | 113.97 Bn | 3.94 Bn | 23.91% |
| 4 | RLX Technology | 2.37 Bn | -1.38 Bn | 52.74 Mn | 5.78% |
| 5 | Curaleaf Holdings | 2.36 Bn | 1.98 Bn | 170.48 Mn | -0.29% |
| 6 | Verano Holdings | 2.05 Bn | 1.71 Bn | 100.04 Mn | -12.84% |
| 7 | Trulieve Cannabis | 1.89 Bn | 629.78 Mn | 148.02 Mn | -21.29% |
| 8 | Green Thumb Industries | 1.59 Bn | 362.48 Mn | 146.79 Mn | 3.35% |
| 9 | Cronos | 1.25 Bn | -1.89 Bn | 32.28 Mn | 5.78% |
| 10 | Sndl | 366.07 Mn | -193.98 Mn | 41.35 Mn | -4.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -4.81% |
| Jun 30, 2026 | -1.72% |
| Mar 31, 2026 | -0.84% |
| Dec 31, 2025 | -1.16% |
| Sep 30, 2025 | -6.97% |
| Jun 30, 2025 | -7.57% |
| Mar 31, 2025 | -8.20% |
| Dec 31, 2024 | -6.91% |
| Sep 30, 2024 | -7.84% |
| Jun 30, 2024 | -7.96% |
| Mar 31, 2024 | -9.74% |
| Dec 31, 2023 | -11.48% |
| Sep 30, 2023 | -15.93% |
| Jun 30, 2023 | -20.67% |
| Mar 31, 2023 | -23.82% |
| Dec 31, 2022 | -22.81% |
| Sep 30, 2022 | -19.39% |
| Jun 30, 2022 | -3.03% |
| Mar 31, 2022 | -2.27% |
| Dec 31, 2021 | -9.47% |
API Access
Sndl Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=SNDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "SNDL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=SNDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();