VRNOD (Verano Holdings) Interest Expense: $-52.3 Mil (TTM As of Mar. 2026)

What is Verano Holdings Interest Expense?

Verano Holdings VRNOD +0.19% 65 Interest Expense is $-52.3 Mil as of Mar. 2026. GuruFocus rates VRNOD with a GF Score™ of 65/100 and a GF Value™ of $7.76 (Possible Value Trap). The stock has 7 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Verano Holdings's interest expense for the three months ended in Mar. 2026 was $ -12.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-52.3 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Verano Holdings's Operating Income for the three months ended in Mar. 2026 was $ 13.1 Mil. Verano Holdings's Interest Expense for the three months ended in Mar. 2026 was $ -12.3 Mil. Verano Holdings's Interest Coverage for the quarter that ended in Mar. 2026 was 1.06. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Verano Holdings (OTCPK:VRNOD) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Verano Holdings's Interest Expense for the three months ended in Mar. 2026 was $-12.3 Mil. Its Operating Income for the three months ended in Mar. 2026 was $13.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $473.4 Mil.

Verano Holdings's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	13.099	/	-12.312
	=	1.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Verano Holdings Interest Expense Historical Data

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The historical data trend for Verano Holdings's Interest Expense can be seen below:

Verano Holdings Interest Expense Chart

Verano Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-24.27

-49.43

-59.79

-54.76

-53.59

Verano Holdings Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-13.56	-14.21	-13.21	-12.61	-12.31

65GF Score

Verano Holdings Corp VRNOD

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Verano Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-52.3 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-52.3 Mil mean?

Verano Holdings (VRNOD) has a Interest Expense of $-52.3 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Verano Holdings and its competitors.

Is Verano Holdings' Interest Expense too high?

Verano Holdings' current Interest Expense is $-52.3 Mil. Overall, Verano Holdings has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Verano Holdings' Interest Expense compare to ZTS?

Verano Holdings' Interest Expense of $-52.3 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Drug Manufacturers company?

A good Interest Expense depends on the Drug Manufacturers industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Verano Holdings and its competitors. Verano Holdings's current Interest Expense is $-52.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Verano Holdings stock overvalued right now?

Based on GuruFocus' analysis, Verano Holdings (VRNOD) is currently considered Possible Value Trap. The stock's GF Value™ is $7.76, compared to a current price of $5.31 — trading 31.6% below its estimated fair value. The current Interest Expense is $-52.3 Mil. Verano Holdings' overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Verano Holdings (VRNOD), the current Interest Expense is $-52.3 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Verano Holdings (VRNOD) Overvalued in 2026?

Based on GuruFocus' analysis, Verano Holdings stock appears to be undervalued. The current stock price of $5.31 is trading 31.6% below its estimated GF Value™ of $7.76. GuruFocus considers Verano Holdings to be Possible Value Trap.

Key valuation signals for VRNOD:

Interest Expense: $-52.3 Mil
GF Value™: $7.76 vs. price of $5.31 (31.6% below fair value)
GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the VRNOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Verano Holdings Business Description

Industry Healthcare Drug Manufacturers

Comparable Companies TSX:WEED XCNQ:CL TSX:CPH TSX:GUD XCNQ:VREO TSX:TSND TSX:ACB TSX:DHT.U TSX:OGI TSX:XLY XTER:MRK TSE:4502 XSWX:GALD SHSE:600276 NSE:SUNPHARMA XTAE:TEVA LSE:HLN XSWX:SDZ ZTS HKSE:03692

Other Exchanges H7P0:Germany VRNO:Canada

Address 224 West Hill Street, Suite 400, Chicago, IL, USA, 60610

Website https://www.verano.com

Verano Holdings Corp is a vertically integrated, multi-state cannabis operator in the United States. The company operates through cultivation (wholesale) and retail segments. Its consumer brands include Encore, Avexia, MUV, Savvy, BITS, and Verano, while its retail dispensaries operate under brands such as Zen Leaf and MUV. The company derives the majority of its revenue from the retail segment.

65GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.31

Price

$7.76

GF Value

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