Invesaro

Stocks Comparison

Ayr Wellness vs Jushi: revenue, profit, margins and growth compared

Ayr Wellness brought in $463.6M of revenue in fiscal 2024, Jushi $262.9M in fiscal 2025. Revenue changed by +0.0% at Ayr Wellness and +2.1% at Jushi on the year before, so Jushi grew faster. Ayr Wellness kept -77.5% of its revenue as net profit, Jushi -26.1%. Free cash flow was -$8.1M at Ayr Wellness and $1.6M at Jushi.

Side by side, latest fiscal year

AYRWFJUSH
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$463.6M$262.9M
Revenue growth+0.0%+2.1%
Net income-$359.3M-$68.6M
Net margin-77.5%-26.1%
Free cash flow-$8.1M$1.6M
Free cash flow margin-1.7%0.6%
Earnings per share (diluted)-$3.24-$0.35
Cash$35.5M$24M
Debt$410.5M$205.8M
Price to earningsn/an/a
Market valuen/a$85.9M
Dividend yieldn/an/a
Rank by revenue in sector#209 of 751 · Health care#250 of 751 · Health care

Over the years

Revenue
AYRWF FY2020: $75.2MAYRWF FY2020: $155.1MAYRWF FY2021: $357.6MAYRWF FY2022: $465.6MAYRWF FY2023: $463.6MAYRWF FY2024: $463.6MJUSH FY2020: $80.8MJUSH FY2022: $209.3MJUSH FY2022: $284.3MJUSH FY2023: $269.4MJUSH FY2024: $257.5MJUSH FY2025: $262.9MFY20FY21FY22FY23FY24FY25
AYRWF $463.6MJUSH $262.9M
Net income
AYRWF FY2020: -$164.2MAYRWF FY2020: -$24.6MAYRWF FY2021: -$17MAYRWF FY2022: -$245.5MAYRWF FY2023: -$272.4MAYRWF FY2024: -$359.3MJUSH FY2020: -$210.6MJUSH FY2022: $20.3MJUSH FY2022: -$202.3MJUSH FY2023: -$65.1MJUSH FY2024: -$48.8MJUSH FY2025: -$68.6MFY20FY21FY22FY23FY24FY25
AYRWF -$359.3MJUSH -$68.6M
Net margin
AYRWF FY2020: -218.3%AYRWF FY2020: -15.9%AYRWF FY2021: -4.7%AYRWF FY2022: -52.7%AYRWF FY2023: -58.8%AYRWF FY2024: -77.5%JUSH FY2020: -260.7%JUSH FY2022: 9.7%JUSH FY2022: -71.2%JUSH FY2023: -24.2%JUSH FY2024: -18.9%JUSH FY2025: -26.1%FY20FY21FY22FY23FY24FY25
AYRWF -77.5%JUSH -26.1%
Revenue growth
AYRWF FY2020: +106.3%AYRWF FY2021: +130.5%AYRWF FY2022: +30.2%AYRWF FY2023: -0.4%AYRWF FY2024: +0.0%JUSH FY2022: +159.1%JUSH FY2022: +35.8%JUSH FY2023: -5.2%JUSH FY2024: -4.4%JUSH FY2025: +2.1%FY20FY21FY22FY23FY24FY25
AYRWF +0.0%JUSH +2.1%
Free cash flow
AYRWF FY2022: -$93MAYRWF FY2023: -$532KAYRWF FY2024: -$8.1MJUSH FY2020: -$35.1MJUSH FY2022: -$89.6MJUSH FY2022: -$78.3MJUSH FY2023: -$14.1MJUSH FY2024: $16.9MJUSH FY2025: $1.6MFY20FY22FY23FY24FY25
AYRWF -$8.1MJUSH $1.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Ayr Wellness and Jushi

Which is bigger by revenue, Ayr Wellness or Jushi?

Ayr Wellness is bigger by revenue: $463.6M in fiscal 2024, against $262.9M for Jushi in fiscal 2025.

Which keeps more of its revenue as profit, Ayr Wellness or Jushi?

Ayr Wellness had a net margin of -77.5% in fiscal 2024; Jushi had -26.1% in fiscal 2025.

Which grew revenue faster, Ayr Wellness or Jushi?

In their latest fiscal years revenue changed by +0.0% at Ayr Wellness and +2.1% at Jushi.

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.

More comparisons

Compare more companies