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| Date | Value |
|---|---|
| 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 |