TerrAscend (TSNDF) Asset Utilization Ratio (2022 - 2026)
TerrAscend (TSNDF) posted quarterly Asset Utilization Ratio of 0.47 for Q1 2026, up 8.63% year-over-year from 0.44 in Q1 2025, and up 1.03% quarter-over-quarter from 0.47 in Q4 2025.
TerrAscend (TSNDF) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
TerrAscend (TSNDF) has reported Asset Utilization Ratio for 5 consecutive years, with 0.47 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 8.63% year-over-year to 0.47; the TTM figure through Mar 2026 stood at 0.47 (up 8.63% YoY), while the FY2025 annual figure was 0.45, up 6.3% from the prior year.
- Asset Utilization Ratio advanced to 0.47 in Q1 2026 per TSNDF's latest filing, from 0.47 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.81 in Q3 2023 and bottomed at 0.18 in Q2 2022.
- Historically, Asset Utilization Ratio has averaged 0.42 across 5 years, with a median of 0.4 in 2024.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio soared 328.35% — and 2024, when it plunged 56.54%.
- TerrAscend's Asset Utilization Ratio stood at 0.35 in 2022, then gained by 3.08% to 0.36 in 2023, then gained by 23.64% to 0.44 in 2024, then rose by 5.94% to 0.47 in 2025, then increased by 1.03% to 0.47 in 2026.
- Business Quant data shows TSNDF's Asset Utilization Ratio at 0.47 in Q1 2026, 0.47 in Q4 2025, and 0.46 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.85 Bn | 42.88 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.02 Bn | 39.37 Bn | 2.15 Bn | 0.43 |
| 3 | Zoetis | 31.47 Bn | 29.79 Bn | 1.05 Bn | 0.63 |
| 4 | Takeda Pharmaceutical | 28.59 Bn | 22.79 Bn | 5.10 Bn | 0.47 |
| 5 | United Therapeutics | 22.20 Bn | 19.53 Bn | 683.80 Mn | 0.45 |
| 6 | Viatris | 18.76 Bn | 17.87 Bn | 1.46 Bn | 0.41 |
| 7 | Neurocrine Biosciences | 15.45 Bn | 15.06 Bn | 935.80 Mn | 0.66 |
| 8 | Elanco Animal Health | 11.76 Bn | 11.23 Bn | 798.00 Mn | 0.37 |
| 9 | Dr Reddys Laboratories | 10.10 Bn | 9.94 Bn | - | - |
| 10 | TerrAscend | 182.53 Mn | 140.41 Mn | 36.25 Mn | 0.48 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.48 |
| Mar 31, 2026 | 0.47 |
| Dec 31, 2025 | 0.47 |
| Sep 30, 2025 | 0.46 |
| Jun 30, 2025 | 0.44 |
| Mar 31, 2025 | 0.44 |
| Dec 31, 2024 | 0.44 |
| Sep 30, 2024 | 0.35 |
| Jun 30, 2024 | 0.39 |
| Mar 31, 2024 | 0.40 |
| Dec 31, 2023 | 0.36 |
| Sep 30, 2023 | 0.81 |
| Jun 30, 2023 | 0.79 |
| Mar 31, 2023 | 0.38 |
| Dec 31, 2022 | 0.35 |
| Sep 30, 2022 | 0.24 |
| Jun 30, 2022 | 0.18 |
| Mar 31, 2022 | 0.23 |