Verano Holdings (VRNO) Property, Plant & Equipment (Net) (2021 - 2026)
Verano Holdings (VRNO) posted Property, Plant & Equipment (Net) of $497.57 million for Q3 2026, down 0.4% from $499.8 million a year earlier but up 2.6% from the prior quarter.
Verano Holdings (VRNO) Property, Plant & Equipment (Net) (2021 - 2026) Analysis & Trends
At the end of FY2025, Verano Holdings' Property, Plant & Equipment (Net) came in at $492.47 million, down 8.5% from FY2024.
- Annual Property, Plant & Equipment (Net) shows a four-year compound annual growth rate of 2.2% (FY2021 to FY2025).
- In prior years, Verano Holdings' Property, Plant & Equipment (Net) was $537.96 million in FY2024 (+7.3%), $501.3 million in FY2023 (-4.7%), $525.91 million in FY2022 (+16.3%) and $452.23 million in FY2021.
- Quarterly Property, Plant & Equipment (Net) has run from a low of $452.23 million in Q4 2021 to a high of $584.6 million in Q3 2024 over five years.
- On a year-over-year basis, Property, Plant & Equipment (Net) has declined in each of the last five quarters, with an average decline of 2.8% over the last eight quarters.
- The strongest year-over-year quarter for Property, Plant & Equipment (Net) in the past five years was Q4 2022, with growth of 16.3%; the weakest was Q3 2025, with a decline of 14.5%.
- According to Business Quant data, Property, Plant & Equipment (Net) for the three prior quarters was $485.14 million (Q2 2026), $488.11 million (Q1 2026) and $492.47 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.85 Bn | 281.83 Bn | 7.85 Bn | 8.37 Bn |
| 2 | British American Tobacco p.l.c | 140.62 Bn | 117.27 Bn | - | 5.60 Bn |
| 3 | Altria | 126.99 Bn | 113.97 Bn | 3.94 Bn | 1.67 Bn |
| 4 | RLX Technology | 2.37 Bn | -1.38 Bn | 52.74 Mn | 38.16 Mn |
| 5 | Curaleaf Holdings | 2.36 Bn | 1.98 Bn | 170.48 Mn | 501.06 Mn |
| 6 | Verano Holdings | 2.05 Bn | 1.71 Bn | 100.04 Mn | 497.57 Mn |
| 7 | Trulieve Cannabis | 1.89 Bn | 629.78 Mn | 148.02 Mn | 592.93 Mn |
| 8 | Green Thumb Industries | 1.59 Bn | 362.48 Mn | 146.79 Mn | 694.94 Mn |
| 9 | Cronos | 1.25 Bn | -1.89 Bn | 32.28 Mn | 144.05 Mn |
| 10 | Turning Point Brands | 1.25 Bn | 333.93 Mn | 85.18 Mn | 40.48 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 497.57 Mn |
| Jun 30, 2026 | 485.14 Mn |
| Mar 31, 2026 | 488.11 Mn |
| Dec 31, 2025 | 492.47 Mn |
| Sep 30, 2025 | 499.80 Mn |
| Jun 30, 2025 | 511.21 Mn |
| Mar 31, 2025 | 530.00 Mn |
| Dec 31, 2024 | 537.96 Mn |
| Sep 30, 2024 | 584.60 Mn |
| Jun 30, 2024 | 507.45 Mn |
| Mar 31, 2024 | 499.14 Mn |
| Dec 31, 2023 | 501.30 Mn |
| Sep 30, 2023 | 512.59 Mn |
| Jun 30, 2023 | 519.28 Mn |
| Mar 31, 2023 | 523.10 Mn |
| Dec 31, 2022 | 525.91 Mn |
| Sep 30, 2022 | 533.75 Mn |
| Jun 30, 2022 | 515.70 Mn |
| Dec 31, 2021 | 452.23 Mn |
Verano Holdings Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=VRNO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();