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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	608	632	631	2,023	1,519	5,055
Market Cap Growth	148.75%	0.10%	-68.79%	33.15%	-69.94%	-
Enterprise Value	1,182	1,218	1,246	2,547	2,063	5,259
Last Close Price	1.67	1.74	1.76	5.88	4.30	15.99
Forward PE	-	-	-	-	-	16.33
PS Ratio	0.54	0.56	0.50	1.63	1.28	5.41
PB Ratio	0.63	0.66	0.46	1.24	0.84	2.70
P/FCF Ratio	38.16	39.64	33.38	20.88	-	96.01
P/OCF Ratio	8.40	8.72	3.91	13.96	11.90	21.84
EV/Sales Ratio	1.05	1.08	0.99	2.06	1.73	5.63
EV/EBITDA Ratio	3.86	4.44	3.76	6.78	7.33	26.58
EV/EBIT Ratio	11.32	11.67	9.56	13.46	22.93	69.16
EV/FCF Ratio	74.13	76.42	65.85	26.29	-	99.88
Debt / Equity Ratio	0.72	0.72	0.55	0.44	0.37	0.24
Debt / EBITDA Ratio	2.25	2.25	2.08	1.79	2.24	2.14
Debt / FCF Ratio	43.24	43.24	39.78	7.40	-	8.49
Net Debt / Equity Ratio	0.60	0.60	0.46	0.30	0.31	0.17
Net Debt / EBITDA Ratio	2.10	2.10	1.89	1.29	1.99	1.63
Net Debt / FCF Ratio	36.12	36.12	33.10	5.01	-16.67	6.11
Asset Turnover	0.44	0.44	0.41	0.40	0.36	0.51
Inventory Turnover	1.97	1.97	2.56	2.89	2.99	4.57
Quick Ratio	0.90	0.90	0.66	0.52	0.26	0.25
Current Ratio	2.89	2.89	1.79	0.96	0.82	0.59
Return on Equity (ROE)	-31.20%	-31.20%	-31.21%	-9.09%	-19.05%	-6.73%
Return on Assets (ROA)	2.55%	2.55%	2.62%	3.80%	1.68%	2.61%
Return on Invested Capital (ROIC)	6.27%	6.07%	6.05%	-35.96%	3.81%	-7.01%
Return on Capital Employed (ROCE)	4.80%	4.80%	5.10%	7.50%	3.30%	2.90%
Earnings Yield	-58.12%	-55.95%	-77.90%	-7.66%	-23.97%	-1.44%
FCF Yield	2.62%	2.52%	3.00%	4.79%	-2.21%	1.04%
Buyback Yield / Dilution	-3.24%	-3.24%	-1.99%	-3.43%	-14.11%	-7.29%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.