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Ayr Wellness Valuation Multiples
Discover revenue and EBITDA valuation multiples for Ayr Wellness and similar public comparables like Clever Leaves Holdings, Bakhu Holdings, The Cannabist Company, SynBiotic and more.
Ayr Wellness Overview
About Ayr Wellness
Ayr Wellness Inc is a vertically integrated cannabis multi-state operator in the United States of America. Through its subsidiaries in various U.S. states, it is involved in the cultivation, manufacturing, and retail of cannabis products and branded cannabis packaged goods. It operates in one operating segment, cannabis sales. It has a single operating and reportable segment, the production and sale of cannabis.
Founded
2017
HQ

Employees
2.4K
Website
Financials (FY)
EV
$600M
Ayr Wellness Financials
Ayr Wellness reported last fiscal year revenue of $464M and EBITDA of $100M.
In the same fiscal year, Ayr Wellness generated $177M in gross profit, $100M in EBITDA, and had net loss of ($359M).
Revenue (LTM)
Ayr Wellness P&L
In the most recent fiscal year, Ayr Wellness reported revenue of $464M and EBITDA of $100M.
Ayr Wellness expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $464M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $177M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 38% | XXX | XXX | XXX |
| EBITDA | — | XXX | $100M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 22% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | (8%) | XXX | XXX | XXX |
| Net Profit | — | XXX | ($359M) | XXX | XXX | XXX |
| Net Margin | — | XXX | (78%) | XXX | XXX | XXX |
| Net Debt | — | — | $375M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Ayr Wellness Stock Performance
Ayr Wellness has current market cap of $3M, and enterprise value of $600M.
Market Cap Evolution
Ayr Wellness' stock price is $0.03.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $600M | $3M | 0.0% | XXX | XXX | XXX | $-3.08 |
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Start Free TrialAyr Wellness Valuation Multiples
Ayr Wellness trades at 1.3x EV/Revenue multiple, and 6.0x EV/EBITDA.
EV / Revenue (LTM)
Ayr Wellness Financial Valuation Multiples
As of March 28, 2026, Ayr Wellness has market cap of $3M and EV of $600M.
Equity research analysts estimate Ayr Wellness' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Ayr Wellness has a P/E ratio of 0.0x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $3M | XXX | $3M | XXX | XXX | XXX |
| EV (current) | $600M | XXX | $600M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 1.3x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 6.0x | XXX | XXX | XXX |
| EV/EBIT | — | XXX | (15.6x) | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 3.4x | XXX | XXX | XXX |
| P/E | — | XXX | 0.0x | XXX | XXX | XXX |
| EV/FCF | — | XXX | (48.0x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Ayr Wellness Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Ayr Wellness Margins & Growth Rates
Ayr Wellness' revenue in the last fiscal year grew by 0%.
Ayr Wellness Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 0% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 22% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | (283%) | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 46% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Ayr Wellness Public Comps
See public comps and valuation multiples for other Cannabis comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Clever Leaves Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Bakhu Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| The Cannabist Company | XXX | XXX | XXX | XXX | XXX | XXX |
| SynBiotic | XXX | XXX | XXX | XXX | XXX | XXX |
| iAnthus Capital Holdings | 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.
Ayr Wellness M&A Activity
Ayr Wellness acquired XXX companies to date.
Last acquisition by Ayr Wellness was on XXXXXXXX, XXXXX. Ayr Wellness acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Ayr Wellness
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAyr Wellness Investment Activity
Ayr Wellness invested in XXX companies to date.
Ayr Wellness made its latest investment on XXXXXXXX, XXXXX. Ayr Wellness invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Ayr Wellness
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Ayr Wellness
| When was Ayr Wellness founded? | Ayr Wellness was founded in 2017. |
| Where is Ayr Wellness headquartered? | Ayr Wellness is headquartered in United States. |
| How many employees does Ayr Wellness have? | As of today, Ayr Wellness has over 2K employees. |
| Is Ayr Wellness publicly listed? | Yes, Ayr Wellness is a public company listed on OTC Pink Sheets. |
| What is the stock symbol of Ayr Wellness? | Ayr Wellness trades under AYRWF ticker. |
| When did Ayr Wellness go public? | Ayr Wellness went public in 2018. |
| Who are competitors of Ayr Wellness? | Ayr Wellness main competitors are Clever Leaves Holdings, Bakhu Holdings, The Cannabist Company, SynBiotic. |
| What is the current market cap of Ayr Wellness? | Ayr Wellness' current market cap is $3M. |
| What is the current revenue of Ayr Wellness? | Ayr Wellness' last fiscal year revenue is $464M. |
| What is the current EV/Revenue multiple of Ayr Wellness? | Current revenue multiple of Ayr Wellness is 1.3x. |
| Is Ayr Wellness profitable? | No, Ayr Wellness is not profitable. |
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