# Ascend Wellness Holdings, Inc. (AAWH)

- SEC CIK: 0001756390 ([filings on EDGAR](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001756390))
- Full page: https://inspectstocks.com/stocks/aawh
- Data as of: newest filing used 2026-11-12; latest fiscal period ended 2026-09-30

## Grade

**D** on the growth-and-cash rubric, 2 of 5 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Revenue growing overall | passed | $493.6M | $490.5M |
| Revenue growing recently | failed | $493.6M | $500.6M |
| Free cash flow positive | passed | $2.1M |  |
| Free cash flow growing overall | failed | $2.1M | $51.1M |
| Free cash flow growing recently | failed | $2.1M | $12M |

Business quality (the + / − mark): 2 of 6 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | failed | -23.5% |  |
| Healthy profit margin | failed | -23.5% |  |
| Strong operating margin | failed | -1.0% |  |
| Good return on equity | passed | 244.4% |  |
| Debt under control | passed | -12.89 |  |
| Turns sales into cash | failed | 0.4% |  |

How the grade works: the letter counts failed checks (none → A, one → B, two → C, three → D, four or more → F). It is built from SEC filings only — the share price never enters it — and describes the business, not whether the stock is worth buying.

## Key figures

In US dollars, as filed.

| Measure | Value |
| --- | --- |
| Revenue, trailing twelve months | $493.6M |
| Net income, trailing twelve months | -$116M |
| Free cash flow, trailing twelve months | $2.1M |
| Net margin | -23.5% |
| Operating margin | -1.0% |
| Return on equity | 244.4% |
| Debt to equity | -12.89 |
| Diluted EPS, trailing twelve months | -$0.58 |

## More on this company

- [Overview](https://inspectstocks.com/stocks/aawh)
- [Financial statements](https://inspectstocks.com/stocks/aawh/financials)
- [Competitors](https://inspectstocks.com/stocks/aawh/peers)
- [Earnings](https://inspectstocks.com/stocks/aawh/earnings)

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Source: InspectStocks, built from the company’s own SEC filings. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.