TerrAscend (TSNDF) Asset Utilization Ratio (2022 - 2026)
TerrAscend's (TSNDF) quarterly Asset Utilization Ratio came in at 0.48 in Q2 2026, up 7.56% year-over-year from 0.44 in Q2 2025, and up 1.14% quarter-over-quarter from 0.47 in Q1 2026.
Analysis
TerrAscend (TSNDF) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
TerrAscend (TSNDF) has reported Asset Utilization Ratio for 5 consecutive years, with 0.48 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio rose 7.56% year-over-year to 0.48 in Q2 2026; TTM through Jun 2026 was 0.48, a 7.56% increase from a year earlier, with the FY2025 full-year figure at 0.45, up 6.3% from the prior year.
- Asset Utilization Ratio was 0.48 for Q2 2026 at TerrAscend, up from 0.47 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.48 in Q2 2026 and troughed at 0.18 in Q2 2022.
- A 5-year average of 0.38 and a median of 0.39 in 2024 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio surged 109.85% in 2023 and slipped 13.86% in 2024, its largest moves.
- Over 5 years, Asset Utilization Ratio stood at 0.35 in 2022, then increased by 2.95% to 0.36 in 2023, then increased by 23.64% to 0.44 in 2024, then grew by 5.94% to 0.47 in 2025, then rose by 2.19% to 0.48 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.48 (Q2 2026), 0.47 (Q1 2026), and 0.47 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 0.46 |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | 0.47 |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 0.43 |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 0.20 |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 0.48 |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 0.46 |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | 0.42 |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 0.49 |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | 0.42 |
| 10 | TerrAscend | 201.74 Mn | 159.62 Mn | 36.25 Mn | 0.48 |
Historic Data
Download Data
Historic 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 | 0.41 |
| Jun 30, 2023 | 0.39 |
| 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 |