Glass House Brands (GLAS) EBIT Margin (2018 - 2026)
Glass House Brands' EBIT Margin was -6.37% in Q2 2026, down 27.97 percentage points from 21.60% a year earlier but up 44.50 percentage points from the prior quarter.
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Analysis
Glass House Brands (GLAS) EBIT Margin (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Glass House Brands' EBIT Margin was -27.21% through Jun 30, 2026, down 35.20 percentage points year-over-year; for FY2025, it was -9.08%, down 11.94 percentage points from FY2024.
- EBIT Margin shows a five-year change of +3.35 percentage points (FY2020 to FY2025).
- In earlier years, EBIT Margin was 2.86% in FY2024 (+33.65 pp), -30.79% in FY2023 (+35.65 pp), -66.44% in FY2022 (-9.20 pp) and -57.25% in FY2021 (-44.81 pp).
- Quarterly EBIT Margin has moved between -113.08% (Q1 2022) and 21.60% (Q2 2025) over five years.
- Compared with a year earlier, EBIT Margin has declined for four straight quarters, with an average year-over-year change of -7.14 percentage points over the last seven quarters.
- The best year-over-year quarter for EBIT Margin over five years was Q2 2023 (a gain of 110.59 percentage points); the worst was Q2 2022 (a drop of 98.08 percentage points).
- Per Business Quant data, GLAS's EBIT Margin in the three quarters before Q2 2026 was -50.87% (Q1 2026), -32.64% (Q4 2025) and -29.60% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 40.48% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 51.32% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 1.24% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 12.86% |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | -136.75% |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 6.51% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 10.49% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 11.69% |
| 10 | Glass House Brands | 560.44 Mn | 486.00 Mn | 15.77 Mn | -6.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.37% |
| Mar 31, 2026 | -50.87% |
| Dec 31, 2025 | -32.64% |
| Sep 30, 2025 | -29.60% |
| Jun 30, 2025 | 21.60% |
| Mar 31, 2025 | -6.94% |
| Dec 31, 2024 | 3.91% |
| Sep 30, 2024 | 11.71% |
| Jun 30, 2024 | 9.35% |
| Dec 31, 2023 | -82.04% |
| Sep 30, 2023 | 10.14% |
| Jun 30, 2023 | 7.22% |
| Dec 31, 2022 | -55.12% |
| Jun 30, 2022 | -103.37% |
| Mar 31, 2022 | -113.08% |
| Dec 31, 2021 | -107.15% |
| Sep 30, 2021 | -55.43% |
| Jun 30, 2021 | -5.29% |
| Mar 31, 2021 | -32.54% |
| Dec 31, 2020 | -12.44% |
API Access
Glass House Brands EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=GLAS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "GLAS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=GLAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();