Verano Holdings (VRNO) EV to CFO (2022 - 2026)
Verano Holdings' (VRNO) EV to CFO was 30.74 for Q2 2026, up 161.4% from 11.76 a year earlier and up 10.0% from the prior quarter.
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Analysis
Verano Holdings (VRNO) EV to CFO (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Verano Holdings' EV to CFO came in at 28.07, up 211.7% year-over-year; for FY2025, it was 41.70, up 79.2% from FY2024.
- By year, EV to CFO came in at 23.27 in FY2024 (-82.7%), 134.53 in FY2023 (+23.0%), 109.34 in FY2022 (-1.5%) and 111.01 in FY2021.
- Five-year quarterly EV to CFO spans a low of 11.76 in Q2 2025 and a high of 141.34 in Q3 2023.
- Year over year, EV to CFO has now increased in each of the last three quarters, with an average decline of 5.5% over the last eight quarters.
- The high point for year-over-year EV to CFO in five years was Q2 2026 (growth of 161.4%); the low point was Q1 2025 (a decline of 84.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 27.94 (Q1 2026), 41.70 (Q4 2025) and 29.31 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.85 Bn | 281.83 Bn | 7.85 Bn |
| 2 | British American Tobacco p.l.c | 140.62 Bn | 117.27 Bn | - |
| 3 | Altria | 126.99 Bn | 113.97 Bn | 3.94 Bn |
| 4 | RLX Technology | 2.37 Bn | -1.38 Bn | 52.74 Mn |
| 5 | Curaleaf Holdings | 2.36 Bn | 1.98 Bn | 170.48 Mn |
| 6 | Verano Holdings | 2.05 Bn | 1.71 Bn | 100.04 Mn |
| 7 | Trulieve Cannabis | 1.89 Bn | 629.78 Mn | 148.02 Mn |
| 8 | Green Thumb Industries | 1.59 Bn | 362.48 Mn | 146.79 Mn |
| 9 | Cronos | 1.25 Bn | -1.89 Bn | 32.28 Mn |
| 10 | Turning Point Brands | 1.25 Bn | 333.93 Mn | 85.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.52 |
| Jun 30, 2026 | 30.75 |
| Mar 31, 2026 | 27.94 |
| Dec 31, 2025 | 41.70 |
| Sep 30, 2025 | 35.38 |
| Jun 30, 2025 | 11.76 |
| Mar 31, 2025 | 15.97 |
| Dec 31, 2024 | 23.27 |
| Sep 30, 2024 | 70.89 |
| Jun 30, 2024 | 71.12 |
| Mar 31, 2024 | 102.51 |
| Dec 31, 2023 | 134.53 |
| Sep 30, 2023 | 141.34 |
| Jun 30, 2023 | 106.43 |
| Mar 31, 2023 | 125.59 |
| Dec 31, 2022 | 109.34 |
| Sep 30, 2022 | 60.31 |
| Jun 30, 2022 | 54.82 |
API Access
Verano Holdings EV to CFO 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=ev-to-cfo&ticker=VRNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();