Verano Holdings (VRNO) Depreciation & Amortization (CF) (2021 - 2026)
Verano Holdings' Depreciation & Amortization (CF) was $29.81 million in Q3 2026, down 5.6% from $31.56 million a year earlier but up 1.3% from the prior quarter.
Verano Holdings (VRNO) Depreciation & Amortization (CF) (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Verano Holdings' Depreciation & Amortization (CF) was $117.74 million through Sep 30, 2026, down 6.8% year-over-year; for FY2025, it came in at $124.16 million, down 11.1% from FY2024.
- Depreciation & Amortization (CF) has now declined for three consecutive years, though with a five-year compound annual growth rate of 73.6% (FY2020 to FY2025).
- In earlier years, Depreciation & Amortization (CF) was $139.66 million in FY2024 (-1.0%), $141.13 million in FY2023 (-0.2%), $141.39 million in FY2022 (+46.9%) and $96.24 million in FY2021.
- Quarterly Depreciation & Amortization (CF) has moved between $29.19 million (Q1 2026) and $36.87 million (Q3 2024) over five years.
- Compared with a year earlier, Depreciation & Amortization (CF) has declined for eight straight quarters, with an average decline of 9.4% over the last eight quarters.
- The best year-over-year quarter for Depreciation & Amortization (CF) over five years was Q2 2022 (growth of 46.2%); the worst was Q3 2025 (a decline of 14.4%).
- Per Business Quant data, VRNO's Depreciation & Amortization (CF) in the three quarters before Q3 2026 was $29.43 million (Q2 2026), $29.19 million (Q1 2026) and $29.32 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 310.09 Bn | 289.08 Bn | 7.85 Bn | 511.00 Mn |
| 2 | British American Tobacco p.l.c | 143.09 Bn | 119.75 Bn | - | - |
| 3 | Altria | 130.85 Bn | 117.83 Bn | 3.94 Bn | 60.00 Mn |
| 4 | RLX Technology | 2.40 Bn | -1.35 Bn | 52.74 Mn | - |
| 5 | Curaleaf Holdings | 2.08 Bn | 1.70 Bn | 170.48 Mn | 51.54 Mn |
| 6 | Trulieve Cannabis | 1.86 Bn | 595.66 Mn | 148.02 Mn | 17.71 Mn |
| 7 | Verano Holdings | 1.83 Bn | 1.48 Bn | 100.04 Mn | 29.81 Mn |
| 8 | Green Thumb Industries | 1.49 Bn | 262.73 Mn | 146.79 Mn | 34.19 Mn |
| 9 | Cronos | 1.24 Bn | -1.90 Bn | 32.28 Mn | 4.71 Mn |
| 10 | Turning Point Brands | 1.10 Bn | 187.99 Mn | 85.18 Mn | 2.22 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 29.81 Mn |
| Jun 30, 2026 | 29.43 Mn |
| Mar 31, 2026 | 29.19 Mn |
| Dec 31, 2025 | 29.32 Mn |
| Sep 30, 2025 | 31.56 Mn |
| Jun 30, 2025 | 31.49 Mn |
| Mar 31, 2025 | 31.79 Mn |
| Dec 31, 2024 | 31.51 Mn |
| Sep 30, 2024 | 36.87 Mn |
| Jun 30, 2024 | 35.73 Mn |
| Mar 31, 2024 | 35.55 Mn |
| Dec 31, 2023 | 35.57 Mn |
| Sep 30, 2023 | 35.27 Mn |
| Jun 30, 2023 | 35.24 Mn |
| Mar 31, 2023 | 35.06 Mn |
| Dec 31, 2022 | 35.16 Mn |
| Sep 30, 2022 | 36.32 Mn |
| Jun 30, 2022 | 35.48 Mn |
| Mar 31, 2022 | 34.43 Mn |
| Dec 31, 2021 | 30.62 Mn |
Verano Holdings Depreciation & Amortization (CF) 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=depreciation-and-amortization-cf&ticker=VRNO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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=depreciation-and-amortization-cf&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();