Sndl (SNDL) Return on Equity [ROE] (2019 - 2026)
Sndl's Return on Equity [ROE] came in at -5.82% for Q3 2026, up 2.50 percentage points from -8.32% a year earlier but down 3.75 percentage points from the prior quarter.
Sndl (SNDL) Return on Equity [ROE] (2019 - 2026) Analysis & Trends
For FY2025, Sndl's Return on Equity [ROE] was -1.42%, up 6.76 percentage points from FY2024.
- Return on Equity [ROE] has increased in each of the last seven years, with a five-year change of +92.64 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was -8.18% in FY2024 (+5.53 pp), -13.71% in FY2023 (+14.61 pp), -28.32% in FY2022 (+0.52 pp) and -28.84% in FY2021 (+65.21 pp).
- The five-year range for quarterly Return on Equity [ROE] is -28.28% (Q1 2023) to -1.02% (Q1 2026).
- Year-over-year, Return on Equity [ROE] has increased for 13 consecutive quarters, with an average year-over-year change of +4.27 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q4 2021 (a gain of 186.86 percentage points), and the weakest in Q1 2023 (a drop of 25.60 percentage points).
- Business Quant data shows SNDL's Return on Equity [ROE] at -2.07% (Q2 2026), -1.02% (Q1 2026) and -1.40% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.85 Bn | 281.83 Bn | 7.85 Bn | - |
| 2 | British American Tobacco p.l.c | 140.62 Bn | 117.27 Bn | - | - |
| 3 | Altria | 126.99 Bn | 113.97 Bn | 3.94 Bn | - |
| 4 | RLX Technology | 2.37 Bn | -1.38 Bn | 52.74 Mn | 6.29% |
| 5 | Curaleaf Holdings | 2.36 Bn | 1.98 Bn | 170.48 Mn | -0.94% |
| 6 | Verano Holdings | 2.05 Bn | 1.71 Bn | 100.04 Mn | -32.48% |
| 7 | Trulieve Cannabis | 1.89 Bn | 629.78 Mn | 148.02 Mn | -58.10% |
| 8 | Green Thumb Industries | 1.59 Bn | 362.48 Mn | 146.79 Mn | 5.10% |
| 9 | Cronos | 1.25 Bn | -1.89 Bn | 32.28 Mn | 6.13% |
| 10 | Sndl | 366.07 Mn | -193.98 Mn | 41.35 Mn | -5.82% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -5.82% |
| Jun 30, 2026 | -2.07% |
| Mar 31, 2026 | -1.02% |
| Dec 31, 2025 | -1.40% |
| Sep 30, 2025 | -8.32% |
| Jun 30, 2025 | -9.01% |
| Mar 31, 2025 | -9.78% |
| Dec 31, 2024 | -8.24% |
| Sep 30, 2024 | -9.38% |
| Jun 30, 2024 | -9.58% |
| Mar 31, 2024 | -11.70% |
| Dec 31, 2023 | -13.78% |
| Sep 30, 2023 | -19.13% |
| Jun 30, 2023 | -24.82% |
| Mar 31, 2023 | -28.28% |
| Dec 31, 2022 | -27.82% |
| Sep 30, 2022 | -24.26% |
| Jun 30, 2022 | -3.81% |
| Mar 31, 2022 | -2.68% |
| Dec 31, 2021 | -10.11% |
Sndl Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=SNDL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=SNDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();