Verano Holdings (VRNO) Asset Utilization Ratio (2022 - 2026)
Verano Holdings' (VRNO) Asset Utilization Ratio stood at 0.49 in Q2 2026, up 13.2% from 0.43 a year earlier and up 3.2% from the prior quarter.
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Analysis
Verano Holdings (VRNO) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
For FY2025, Verano Holdings' Asset Utilization Ratio came in at 0.44, up 7.9% from FY2024.
- Annual Asset Utilization Ratio has increased for three straight years.
- Across earlier years, Asset Utilization Ratio came in at 0.41 in FY2024 (+2.3%), 0.40 in FY2023 (+11.9%) and 0.36 in FY2022.
- The Q2 2026 figure is the highest quarterly Asset Utilization Ratio in data going back to Q3 2022.
- On a year-over-year basis, Asset Utilization Ratio has increased for seven consecutive quarters, with growth averaging 7.3% over the last eight quarters.
- Across the past five years, year-over-year growth in Asset Utilization Ratio ran from 0.0% in Q3 2024 to 19.2% in Q3 2023.
- Per Business Quant, the preceding three quarters came in at 0.48 (Q1 2026), 0.45 (Q4 2025) and 0.43 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 0.62 |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 0.69 |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 0.46 |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 0.28 |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | 0.47 |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 0.43 |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 0.20 |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 0.62 |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn | 0.49 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.49 |
| Mar 31, 2026 | 0.48 |
| Dec 31, 2025 | 0.45 |
| Sep 30, 2025 | 0.43 |
| Jun 30, 2025 | 0.43 |
| Mar 31, 2025 | 0.44 |
| Dec 31, 2024 | 0.41 |
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.40 |
| Mar 31, 2024 | 0.40 |
| Dec 31, 2023 | 0.40 |
| Sep 30, 2023 | 0.39 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.38 |
| Dec 31, 2022 | 0.35 |
| Sep 30, 2022 | 0.33 |
API Access
Verano Holdings Asset Utilization Ratio 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=asset-utilization-ratio&ticker=VRNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "VRNO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();