Stocks Comparison
Ascend Wellness vs Ayr Wellness: revenue, profit, margins and growth compared
Ascend Wellness brought in $500.6M of revenue in fiscal 2025, Ayr Wellness $463.6M in fiscal 2024. Revenue changed by -10.9% at Ascend Wellness and +0.0% at Ayr Wellness on the year before, so Ayr Wellness grew faster. Ascend Wellness kept -23.6% of its revenue as net profit, Ayr Wellness -77.5%. Free cash flow was $12M at Ascend Wellness and -$8.1M at Ayr Wellness.
Side by side, latest fiscal year
| AAWH | AYRWF | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2024 (December 31, 2024) |
| Revenue | $500.6M | $463.6M |
| Revenue growth | -10.9% | +0.0% |
| Net income | -$118.2M | -$359.3M |
| Net margin | -23.6% | -77.5% |
| Free cash flow | $12M | -$8.1M |
| Free cash flow margin | 2.4% | -1.7% |
| Earnings per share (diluted) | -$0.58 | -$3.24 |
| Cash | $85.7M | $35.5M |
| Debt | $319.5M | $410.5M |
| Price to earnings | n/a | n/a |
| Market value | $74.3M | n/a |
| Dividend yield | n/a | n/a |
| Rank by revenue in sector | #206 of 751 · Health care | #209 of 751 · Health care |
Over the years
Questions about Ascend Wellness and Ayr Wellness
Which is bigger by revenue, Ascend Wellness or Ayr Wellness?
Ascend Wellness is bigger by revenue: $500.6M in fiscal 2025, against $463.6M for Ayr Wellness in fiscal 2024.
Which keeps more of its revenue as profit, Ascend Wellness or Ayr Wellness?
Ascend Wellness had a net margin of -23.6% in fiscal 2025; Ayr Wellness had -77.5% in fiscal 2024.
Which grew revenue faster, Ascend Wellness or Ayr Wellness?
In their latest fiscal years revenue changed by -10.9% at Ascend Wellness and +0.0% at Ayr Wellness.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.