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Ascend Wellness Holdings Inc is a vertically integrated multi-state operator focused on adult-use or near-term adult-use cannabis states in limited licenses markets. The company's core business is the cultivation, manufacturing, and distribution of cannabis consumer packaged goods, which it sells through company-owned retail stores and third-party licensed cannabis retail stores. It generates maximum revenue from the retail product segment.
2018
2.3K+
Last FY Revenue $562M
Last FY EBITDA $68.1M
$576M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
In the most recent fiscal year, Ascend Wellness Holdings achieved revenue of $562M and an EBITDA of $68.1M.
Ascend Wellness Holdings expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Ascend Wellness Holdings valuation multiples based on analyst estimates| NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|
| Revenue | XXX | $562M | XXX | XXX | XXX |
| Gross Profit | XXX | $184M | XXX | XXX | XXX |
| Gross Margin | XXX | 33% | XXX | XXX | XXX |
| EBITDA | XXX | $68.1M | XXX | XXX | XXX |
| EBITDA Margin | XXX | 12% | XXX | XXX | XXX |
| EBIT | XXX | $4.8M | XXX | XXX | XXX |
| EBIT Margin | XXX | 1% | XXX | XXX | XXX |
| Net Profit | XXX | -$85.0M | XXX | XXX | XXX |
| Net Margin | XXX | -15% | XXX | XXX | XXX |
| Net Debt | XXX | $220M | XXX | XXX | XXX |
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As of May 30, 2025, Ascend Wellness Holdings's stock price is $0.
Ascend Wellness Holdings has current market cap of $69.5M, and EV of $576M.
See Ascend Wellness Holdings trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $576M | $69.5M | XXX | XXX | XXX | XXX | n/a |
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Start Free TrialAs of May 30, 2025, Ascend Wellness Holdings has market cap of $69.5M and EV of $576M.
Ascend Wellness Holdings's trades at 1.0x EV/Revenue multiple, and 8.5x EV/EBITDA.
Equity research analysts estimate Ascend Wellness Holdings's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Ascend Wellness Holdings's P/E ratio is not available.
See valuation multiples for Ascend Wellness Holdings and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $69.5M | XXX | $69.5M | XXX | XXX | XXX |
| EV (current) | $576M | XXX | $576M | XXX | XXX | XXX |
| EV/Revenue | n/a | XXX | 1.0x | XXX | XXX | XXX |
| EV/EBITDA | n/a | XXX | 8.5x | XXX | XXX | XXX |
| EV/EBIT | n/a | XXX | 121.2x | XXX | XXX | XXX |
| EV/Gross Profit | n/a | XXX | n/a | XXX | XXX | XXX |
| P/E | n/a | XXX | -0.8x | XXX | XXX | XXX |
| EV/FCF | n/a | XXX | 15.1x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialAscend Wellness Holdings's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.
Ascend Wellness Holdings's rule of 40 is unknown (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Ascend Wellness Holdings's rule of X is unknown (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Ascend Wellness Holdings and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | n/a | XXX | n/a | XXX | XXX | XXX |
| EBITDA Margin | n/a | XXX | 12% | XXX | XXX | XXX |
| EBITDA Growth | n/a | XXX | n/a | XXX | XXX | XXX |
| Rule of 40 | n/a | XXX | n/a | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | n/a | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 32% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Live Verdure | XXX | XXX | XXX | XXX | XXX | XXX |
| Ayr Wellness | XXX | XXX | XXX | XXX | XXX | XXX |
| Cresco Labs | XXX | XXX | XXX | XXX | XXX | XXX |
| Grown Rogue | XXX | XXX | XXX | XXX | XXX | XXX |
| Green Thumb Indus | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Ascend Wellness Holdings acquired XXX companies to date.
Last acquisition by Ascend Wellness Holdings was XXXXXXXX, XXXXX XXXXX XXXXXX . Ascend Wellness Holdings acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was Ascend Wellness Holdings founded? | Ascend Wellness Holdings was founded in 2018. |
| Where is Ascend Wellness Holdings headquartered? | Ascend Wellness Holdings is headquartered in Canada. |
| How many employees does Ascend Wellness Holdings have? | As of today, Ascend Wellness Holdings has 2.3K+ employees. |
| Is Ascend Wellness Holdings publicy listed? | Yes, Ascend Wellness Holdings is a public company listed on CNQ. |
| What is the stock symbol of Ascend Wellness Holdings? | Ascend Wellness Holdings trades under AAWH.U ticker. |
| When did Ascend Wellness Holdings go public? | Ascend Wellness Holdings went public in 2021. |
| Who are competitors of Ascend Wellness Holdings? | Similar companies to Ascend Wellness Holdings include e.g. Live Verdure, Ayr Wellness, Cresco Labs, Grown Rogue. |
| What is the current market cap of Ascend Wellness Holdings? | Ascend Wellness Holdings's current market cap is $69.5M |
| Is Ascend Wellness Holdings profitable? | Yes, Ascend Wellness Holdings is EBITDA-positive (as of the last 12 months). |
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