Ascend Wellness Holdings (XCNQ:AAWH.U) Net Margin % : -13.80% (As of Dec. 2023)

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What is Ascend Wellness Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ascend Wellness Holdings's Net Income for the three months ended in Dec. 2023 was $-19.3 Mil. Ascend Wellness Holdings's Revenue for the three months ended in Dec. 2023 was $140.2 Mil. Therefore, Ascend Wellness Holdings's net margin for the quarter that ended in Dec. 2023 was -13.80%.

The historical rank and industry rank for Ascend Wellness Holdings's Net Margin % or its related term are showing as below:

XCNQ:AAWH.U' s Net Margin % Range Over the Past 10 Years
Min: -265.08 Med: -19.93 Max: -9.3
Current: -9.3

XCNQ:AAWH.U's Net Margin % is ranked worse than
67.75% of 1020 companies
in the Drug Manufacturers industry
Industry Median: 3.55 vs XCNQ:AAWH.U: -9.30

Ascend Wellness Holdings Net Margin % Historical Data

The historical data trend for Ascend Wellness Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ascend Wellness Holdings Net Margin % Chart

Ascend Wellness Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-265.08

-17.70

-36.90

-19.93

-9.30

Ascend Wellness Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial												-13.43	-16.18	0.68	-7.96	-13.80

Competitive Comparison of Ascend Wellness Holdings's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Ascend Wellness Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ascend Wellness Holdings's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ascend Wellness Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ascend Wellness Holdings's Net Margin % falls into.

Ascend Wellness Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Ascend Wellness Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-48.214	/	518.59
	=	-9.30 %

Ascend Wellness Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-19.343	/	140.158
	=	-13.80 %

Ascend Wellness Holdings (XCNQ:AAWH.U) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Ascend Wellness Holdings Net Margin % Related Terms

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Ascend Wellness Holdings (XCNQ:AAWH.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ascend Wellness Holdings Inc (XCNQ:AAWH.U) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

AAWH:USA

Address

1411 Broadway, 16th Floor, New York, NY, USA, 10018

Website

https://www.awholdings.com

Ascend Wellness Holdings Inc is a vertically integrated multi-state operator focused on adult-use or near-term adult-use cannabis states in limited license 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.

Ascend Wellness Holdings (XCNQ:AAWH.U) Headlines

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