Verano Holdings (VRNO) Debt Ratio (2021 - 2026)
Verano Holdings (VRNO) reported Debt Ratio of 0.23 for Q1 2026, up 9.55% year-over-year from 0.21 in Q1 2025, and down 1.96% quarter-over-quarter from 0.23 in Q4 2025.
Verano Holdings (VRNO) Debt Ratio (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has 6 years of Debt Ratio data on file, last reported at 0.23 in Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.23, up 9.55% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.23 (up 9.55% YoY), and the FY2025 annual result was 0.23, up 10.59% from the prior year.
- Debt Ratio declined to 0.23 in Q1 2026 per VRNO's latest filing, from 0.23 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.23 in Q4 2025 and troughed at 0.08 in Q2 2022.
- A 5-year average of 0.19 and a median of 0.19 in 2024 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2023 and 2024: Debt Ratio surged 111.3% in 2023, then increased 1.26% in 2024.
- A 5-year view of Debt Ratio shows it stood at 0.17 in 2022, then advanced by 11.5% to 0.19 in 2023, then rose by 7.98% to 0.21 in 2024, then gained by 10.59% to 0.23 in 2025, then retreated by 1.96% to 0.23 in 2026.
- Business Quant data shows VRNO's Debt Ratio at 0.23 in Q1 2026, 0.23 in Q4 2025, and 0.21 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 0.42 |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 0.60 |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | - |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | 0.01 |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | - |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 0.30 |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | 0.35 |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | - |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 0.24 |
| 10 | Verano Holdings | - | - | 98.98 Mn | 0.23 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.23 |
| Dec 31, 2025 | 0.23 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.21 |
| Mar 31, 2025 | 0.21 |
| Dec 31, 2024 | 0.21 |
| Sep 30, 2024 | 0.18 |
| Jun 30, 2024 | 0.18 |
| Mar 31, 2024 | 0.19 |
| Dec 31, 2023 | 0.19 |
| Sep 30, 2023 | 0.18 |
| Jun 30, 2023 | 0.17 |
| Mar 31, 2023 | 0.18 |
| Dec 31, 2022 | 0.17 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 0.08 |
| Dec 31, 2021 | 0.11 |