Verano Holdings (VRNO) EV to CFO (2022 - 2026)
Verano Holdings' (VRNO) EV to CFO was 9.72 for Q2 2026, down 17.3% from 11.76 a year earlier and down 82.9% 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 7.05, down 21.7% year-over-year; for FY2025, it was 85.26, up 118.7% from FY2024.
- By year, EV to CFO came in at 38.98 in FY2024 (-71.9%), 138.91 in FY2023 (+27.0%), 109.34 in FY2022 (-1.5%) and 111.01 in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly EV to CFO in data going back to Q2 2022.
- Year over year, EV to CFO gained in two of the last eight quarters, with an average decline of 16.0%.
- The high point for year-over-year EV to CFO in five years was Q3 2023 (growth of 152.1%); the low point was Q2 2025 (a decline of 89.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 56.97 (Q1 2026), 85.26 (Q4 2025) and 29.31 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.72 |
| Mar 31, 2026 | 56.97 |
| Dec 31, 2025 | 85.26 |
| Sep 30, 2025 | 29.31 |
| Jun 30, 2025 | 11.76 |
| Mar 31, 2025 | 27.15 |
| Dec 31, 2024 | 38.98 |
| Sep 30, 2024 | 117.58 |
| Jun 30, 2024 | 113.43 |
| Mar 31, 2024 | 163.41 |
| Dec 31, 2023 | 138.91 |
| Sep 30, 2023 | 145.92 |
| Jun 30, 2023 | 106.43 |
| Mar 31, 2023 | 125.59 |
| Dec 31, 2022 | 109.34 |
| Sep 30, 2022 | 57.89 |
| Jun 30, 2022 | 51.97 |
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();