TerrAscend (TSNDF) Return on Capital Employed [ROCE] (2022 - 2026)
TerrAscend (TSNDF) recorded Return on Capital Employed [ROCE] of 8.67% in Q2 2026, up 0.15 percentage points from 8.52% a year earlier and up 0.17 percentage points from the prior quarter.
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Analysis
TerrAscend (TSNDF) Return on Capital Employed [ROCE] (2022 - 2026) Analysis & Trends
For FY2025, TerrAscend reported Return on Capital Employed [ROCE] of 8.36%, up 1.23 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has increased for three straight years, with a three-year change of +75.03 percentage points (FY2022 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 7.13% in FY2024 (+0.90 pp), 6.23% in FY2023 (+72.90 pp) and -66.67% in FY2022.
- Quarterly Return on Capital Employed [ROCE] has ranged from -59.42% in Q1 2023 to 9.44% in Q3 2025 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for seven consecutive quarters, with an average year-over-year change of +1.14 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 66.35 percentage points in Q1 2024, against a drop of 61.07 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.51% (Q1 2026), 8.82% (Q4 2025) and 9.44% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 38.19% |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 41.87% |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | 0.77% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 3.58% |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | -11.88% |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 4.47% |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | -0.22% |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 10.34% |
| 10 | TerrAscend | 160.77 Mn | 8.43 Mn | 36.25 Mn | 8.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.67% |
| Mar 31, 2026 | 8.51% |
| Dec 31, 2025 | 8.82% |
| Sep 30, 2025 | 9.44% |
| Jun 30, 2025 | 8.52% |
| Mar 31, 2025 | 7.94% |
| Dec 31, 2024 | 6.59% |
| Sep 30, 2024 | 4.94% |
| Jun 30, 2024 | 6.74% |
| Mar 31, 2024 | 6.93% |
| Dec 31, 2023 | 6.02% |
| Sep 30, 2023 | 6.66% |
| Jun 30, 2023 | -53.46% |
| Mar 31, 2023 | -59.42% |
| Dec 31, 2022 | -58.36% |
| Sep 30, 2022 | -49.12% |
| Jun 30, 2022 | -1.46% |
| Mar 31, 2022 | 1.65% |
API Access
TerrAscend Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=TSNDF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "TSNDF", "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-capital-employed-%5Broce%5D&ticker=TSNDF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();