Verano Holdings (VRNO) Equity Ratio (2021 - 2026)

Verano Holdings (VRNO) reported Equity Ratio of 0.4 for Q1 2026, down 15.96% year-over-year from 0.48 in Q1 2025, and down 0.6% quarter-over-quarter from 0.4 in Q4 2025.

Verano Holdings (VRNO) Equity Ratio (2021 - 2026) Analysis & Trends

Verano Holdings (VRNO) has 6 years of Equity Ratio data on file, last reported at 0.4 in Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.4, down 15.96% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.4 (down 15.96% YoY), and the FY2025 annual result was 0.4, down 15.2% from the prior year.
  • Equity Ratio fell to 0.4 in Q1 2026 per VRNO's latest filing, from 0.4 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.59 in Q2 2022 and troughed at 0.4 in Q1 2026.
  • A 5-year average of 0.52 and a median of 0.53 in 2023 frame the typical range for Equity Ratio.
  • The sharpest annual moves came in 2024 and 2026: Equity Ratio declined 3.48% in 2024, then decreased 15.96% in 2026.
  • A 5-year view of Equity Ratio shows it stood at 0.56 in 2022, then dropped by 4.48% to 0.53 in 2023, then retreated by 10.84% to 0.48 in 2024, then retreated by 15.2% to 0.4 in 2025, then declined by 0.6% to 0.4 in 2026.
  • Business Quant data shows VRNO's Equity Ratio at 0.4 in Q1 2026, 0.4 in Q4 2025, and 0.46 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 0.21
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 0.21
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 0.88
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 0.73
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 0.69
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 0.49
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 0.41
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 0.20
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 0.52
10 Verano Holdings - - 98.98 Mn 0.40

Historic Data

Download Data
DateValue
Mar 31, 2026 0.40
Dec 31, 2025 0.40
Sep 30, 2025 0.46
Jun 30, 2025 0.48
Mar 31, 2025 0.48
Dec 31, 2024 0.48
Sep 30, 2024 0.53
Jun 30, 2024 0.55
Mar 31, 2024 0.54
Dec 31, 2023 0.53
Sep 30, 2023 0.56
Jun 30, 2023 0.57
Mar 31, 2023 0.56
Dec 31, 2022 0.56
Sep 30, 2022 0.59
Jun 30, 2022 0.59
Dec 31, 2021 0.58