Verano Holdings Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 27, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	563	631	2,023	1,519	5,055	-
Market Cap Growth	-11.88%	-68.79%	33.15%	-69.94%	-	-
Enterprise Value	1,149	1,246	2,547	2,063	5,259	-
Last Close Price	1.55	1.76	5.88	4.30	15.99	-
Forward PE	-	-	-	-	16.33	-
PS Ratio	0.49	0.50	1.63	1.28	5.41	-
PB Ratio	0.46	0.46	1.24	0.84	2.70	-
P/FCF Ratio	11.07	33.38	20.88	-	96.01	-
P/OCF Ratio	4.90	3.91	13.96	11.90	21.84	-
EV/Sales Ratio	0.99	0.99	2.06	1.73	5.63	-
EV/EBITDA Ratio	3.54	3.70	6.78	7.33	26.58	-
EV/EBIT Ratio	9.83	9.17	13.46	22.93	69.16	-
EV/FCF Ratio	22.61	65.85	26.29	-	99.88	-
Debt / Equity Ratio	0.57	0.55	0.44	0.37	0.24	0.34
Debt / EBITDA Ratio	2.17	2.05	1.79	2.24	2.14	0.51
Debt / FCF Ratio	13.84	39.78	7.40	-	8.49	4.60
Net Debt / Equity Ratio	0.48	0.46	0.30	0.31	0.17	0.24
Net Debt / EBITDA Ratio	2.01	1.86	1.29	1.99	1.63	0.36
Net Debt / FCF Ratio	11.58	33.10	5.01	-16.67	6.11	3.17
Asset Turnover	0.39	0.41	0.40	0.36	0.51	0.87
Inventory Turnover	2.00	2.53	2.89	2.99	4.57	2.73
Quick Ratio	0.80	0.65	0.52	0.26	0.25	0.20
Current Ratio	2.69	1.81	0.96	0.82	0.59	0.61
Return on Equity (ROE)	-33.04%	-31.21%	-9.09%	-19.05%	-6.73%	29.72%
Return on Assets (ROA)	2.48%	2.74%	3.80%	1.68%	2.61%	22.03%
Return on Invested Capital (ROIC)	6.28%	6.30%	-35.96%	3.81%	-7.01%	27.60%
Return on Capital Employed (ROCE)	4.70%	5.30%	7.50%	3.30%	2.90%	43.30%
Earnings Yield	-85.90%	-77.90%	-7.66%	-23.97%	-1.44%	-
FCF Yield	9.03%	3.00%	4.79%	-2.21%	1.04%	-
Payout Ratio	-	-	-	-	-	0.12%
Buyback Yield / Dilution	-4.02%	-1.99%	-3.43%	-14.11%	-7.29%	-3.55%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.