Verano Holdings (VRNO) FCF Margin (2021 - 2026)
Verano Holdings' (VRNO) quarterly FCF Margin came in at 1.75% in Q1 2026, up 751.0% year-on-year from 0.21% in Q1 2025, and down 17.31% on a QoQ basis 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.
- On a quarterly basis, FCF Margin rose 751.0% year-over-year to 1.75% in Q1 2026; TTM through Mar 2026 was 3.34%, a 567.0% increase from a year earlier, with the FY2025 full-year figure at 1.42%, down 8.0% from the prior year.
- FCF Margin for Q1 2026 stood at 1.75%, down from 2.12% in the prior quarter.
- Over the last five years, FCF Margin for VRNO reached as high as 2499.06% in Q1 2024 and fell as low as 37.24% in Q3 2022.
- Historically, FCF Margin has averaged 152.13% across 5 years, with a median of 3.66% in 2023.
- Across the five-year window, FCF Margin surged 249540 bps in 2024 and tumbled 250482 bps in 2025, its largest moves.
- Year by year, FCF Margin stood at 58.76% in 2022, then slumped by 61 bps to 22.74% in 2023, then slumped by 41 bps to 13.41% in 2024, then sank by 84 bps to 2.12% in 2025, then fell by 17 bps to 1.75% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 1.75% in Q1 2026, 2.12% in Q4 2025, and 9.32% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | -5.22% |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 12.86% |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | -5.35% |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 46.54% |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 9.93% |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 17.73% |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | -2.77% |
| 10 | Verano Holdings | 2.02 Bn | 1.94 Bn | 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 | 13.41% |
| 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 | 58.76% |
| Sep 30, 2022 | -37.24% |
| Jun 30, 2022 | 24.23% |
| Mar 31, 2022 | -6.85% |
| Dec 31, 2021 | 6.48% |
| Sep 30, 2021 | 15.91% |