22nd Century (XXII) Asset Utilization Ratio (2011 - 2026)
22nd Century's (XXII) Asset Utilization Ratio came in at 0.51 for Q2 2026, down 43.7% from 0.91 a year earlier and down 6.3% from the prior quarter.
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Analysis
22nd Century (XXII) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, 22nd Century's Asset Utilization Ratio stood at 0.72, down 27.2% from FY2024.
- In prior years, 22nd Century's Asset Utilization Ratio was 0.99 in FY2024 (+118.9%), 0.45 in FY2023 (+6.6%), 0.42 in FY2022 (-12.4%) and 0.48 in FY2021 (+4.1%).
- The Q2 2026 figure stands as the lowest quarterly Asset Utilization Ratio since Q3 2023.
- On a year-over-year basis, Asset Utilization Ratio has declined in each of the last six quarters, with growth averaging 5.1% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q2 2024, with growth of 294.2%; the weakest was Q1 2026, with a decline of 50.4%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 0.55 (Q1 2026), 0.59 (Q4 2025) and 0.66 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 0.62 |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 0.69 |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 0.46 |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 0.28 |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 0.47 |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 0.43 |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 0.20 |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 0.62 |
| 10 | 22nd Century | 175,762.43 | -27.42 Mn | -293,000.00 | 0.51 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.51 |
| Mar 31, 2026 | 0.55 |
| Dec 31, 2025 | 0.59 |
| Sep 30, 2025 | 0.66 |
| Jun 30, 2025 | 0.91 |
| Mar 31, 2025 | 1.11 |
| Dec 31, 2024 | 1.02 |
| Sep 30, 2024 | 1.10 |
| Jun 30, 2024 | 1.22 |
| Mar 31, 2024 | 1.14 |
| Dec 31, 2023 | 0.70 |
| Sep 30, 2023 | 0.37 |
| Jun 30, 2023 | 0.31 |
| Mar 31, 2023 | 0.34 |
| Dec 31, 2022 | 0.32 |
| Sep 30, 2022 | 0.29 |
| Jun 30, 2022 | 0.37 |
| Mar 31, 2022 | 0.45 |
| Dec 31, 2021 | 0.38 |
| Sep 30, 2021 | 0.34 |
API Access
22nd Century Asset Utilization Ratio 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=asset-utilization-ratio&ticker=XXII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "XXII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=XXII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();