Verano Holdings (VRNO) FCF Margin (2021 - 2026)
Verano Holdings (VRNO) reported FCF Margin of 1.75% for Q1 2026, up 751.0% year-over-year from 0.21% in Q1 2025, and down 17.31% quarter-over-quarter from 2.12% in Q4 2025.
Verano Holdings (VRNO) FCF Margin (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has 6 years of FCF Margin data on file, last reported at 1.75% in Q1 2026.
- FCF Margin for Q1 2026 came in at 1.75%, up 751.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.34% (down 338.0% YoY), and the FY2025 annual result was 1.42%, down 902.0% from the prior year.
- FCF Margin declined to 1.75% in Q1 2026 per VRNO's latest filing, from 2.12% in the prior quarter.
- Over five years, FCF Margin peaked at 2499.06% in Q1 2024 and troughed at 33.81% in Q2 2022.
- A 5-year average of 154.31% and a median of 6.79% in 2023 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2024 and 2025: FCF Margin jumped 249540 bps in 2024, then sank 250482 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 12.79% in 2022, then soared by 78 bps to 22.74% in 2023, then soared by 117 bps to 49.4% in 2024, then sank by 96 bps to 2.12% in 2025, then slipped by 17 bps to 1.75% in 2026.
- Business Quant data shows VRNO's FCF Margin at 1.75% in Q1 2026, 2.12% in Q4 2025, and 9.32% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | -5.22% |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 12.86% |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 46.39% |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | - |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 16.78% |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | -2.77% |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -429.96% |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | 13.24% |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 32.62% |
| 10 | Verano Holdings | - | - | 98.98 Mn | 1.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.75% |
| Dec 31, 2025 | 2.12% |
| Sep 30, 2025 | 9.32% |
| Jun 30, 2025 | 0.21% |
| Mar 31, 2025 | -5.76% |
| Dec 31, 2024 | 49.40% |
| Sep 30, 2024 | -12.39% |
| Jun 30, 2024 | -4.76% |
| Mar 31, 2024 | 2,499.06% |
| Dec 31, 2023 | 22.74% |
| Sep 30, 2023 | 11.10% |
| Jun 30, 2023 | 6.79% |
| Mar 31, 2023 | 3.66% |
| Dec 31, 2022 | 12.79% |
| Sep 30, 2022 | 45.10% |
| Jun 30, 2022 | -33.81% |
| Mar 31, 2022 | 16.03% |
| Dec 31, 2021 | -33.27% |
| Sep 30, 2021 | 28.44% |