Verano Holdings (VRNO) Debt Ratio (2021 - 2026)
Verano Holdings (VRNO) posted quarterly Debt Ratio of 0.23 for Q1 2026, up 12.6% year-over-year from 0.21 in Q1 2025, and up 2.71% quarter-over-quarter from 0.23 in Q4 2025.
Verano Holdings (VRNO) Debt Ratio (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has reported Debt Ratio for 6 consecutive years, with 0.23 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio rose 12.6% year-over-year to 0.23; the TTM figure through Mar 2026 stood at 0.23 (up 12.6% YoY), while the FY2025 annual figure was 0.23, up 3.94% from the prior year.
- Debt Ratio grew to 0.23 in Q1 2026 per VRNO's latest filing, from 0.23 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.23 in Q1 2026 and bottomed at 0.15 in Q2 2022.
- Historically, Debt Ratio has averaged 0.19 across 5 years, with a median of 0.19 in 2023.
- Annual changes were most pronounced in 2022 — Debt Ratio retreated 11.83% — and 2024, when it advanced 26.36%.
- Verano Holdings' Debt Ratio stood at 0.17 in 2022, then dropped by 0.53% to 0.17 in 2023, then rose by 26.36% to 0.22 in 2024, then increased by 3.94% to 0.23 in 2025, then gained by 2.71% 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 | Haleon | 43.98 Bn | 43.02 Bn | - | -0.13 |
| 2 | Teva Pharmaceutical Industries | 43.28 Bn | 39.62 Bn | 2.15 Bn | 0.42 |
| 3 | Zoetis | 31.79 Bn | 30.11 Bn | 1.05 Bn | 0.60 |
| 4 | Takeda Pharmaceutical | 28.69 Bn | 22.89 Bn | 5.10 Bn | 0.32 |
| 5 | United Therapeutics | 22.25 Bn | 19.58 Bn | 683.80 Mn | - |
| 6 | Viatris | 18.75 Bn | 17.86 Bn | 1.46 Bn | 0.38 |
| 7 | Neurocrine Biosciences | 15.58 Bn | 15.19 Bn | 935.80 Mn | - |
| 8 | Elanco Animal Health | 11.87 Bn | 11.34 Bn | 798.00 Mn | 0.29 |
| 9 | Dr Reddys Laboratories | 10.14 Bn | 9.98 Bn | - | 0.12 |
| 10 | Verano Holdings | 440.28 Mn | 355.08 Mn | 99.70 Mn | 0.24 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.24 |
| 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 | 0.22 |
| Sep 30, 2024 | 0.19 |
| Jun 30, 2024 | 0.18 |
| Mar 31, 2024 | 0.19 |
| Dec 31, 2023 | 0.17 |
| Sep 30, 2023 | 0.18 |
| Jun 30, 2023 | 0.19 |
| Mar 31, 2023 | 0.18 |
| Dec 31, 2022 | 0.17 |
| Sep 30, 2022 | 0.17 |
| Jun 30, 2022 | 0.15 |
| Dec 31, 2021 | 0.20 |