Flagship explainer

What drives Verano Holdings Corp.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity−31%Tax burden155%net income ÷ pretax incomeInterest burden155%pretax ÷ operating incomeOperating margin−13%operating income ÷ revenueAsset turnover0.44×revenue ÷ average assetsEquity multiplier2.26×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$258MFY2025
Income before tax−$166MFY2025
Operating income−$107MFY2025
$822MFY2025
Ending assets$1.7BFY2025
Beginning assets$2.0BFY2024
$704MFY2025
$952MFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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VRNO dupont explainer — Buy Like Buffett · Buy Like Buffett