Glass House Brands (GLAS) FCF Margin (2020 - 2026)
Glass House Brands (GLAS) reported FCF Margin of 4.87% for Q2 2026, down 52.25 percentage points from 57.13% a year earlier but up 33.57 percentage points from the prior quarter.
Glass House Brands (GLAS) FCF Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Glass House Brands' FCF Margin came in at -2.39%, down 31.87 percentage points year-over-year; for FY2025, it came in at 21.22%, up 1.97 percentage points from FY2024.
- FCF Margin has a five-year change of +29.20 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 19.26% in FY2024 (-2.84 pp), 22.09% in FY2023 (+102.86 pp), -80.77% in FY2022 (+123.02 pp) and -203.79% in FY2021 (-195.82 pp).
- Five-year quarterly FCF Margin spans a low of -1074.62% in Q4 2021 and a high of 613.81% in Q3 2021.
- Year over year, FCF Margin has now declined in each of the last four quarters, with an average year-over-year change of -15.68 percentage points over the last seven quarters.
- The high point for year-over-year FCF Margin in five years was Q4 2022 (a gain of 1036.56 percentage points); the low point was Q4 2021 (a drop of 1059.64 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -28.69% (Q1 2026), -3.35% (Q4 2025) and 9.28% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 45.68% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 10.83% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | -6.05% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | -6.24% |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | 11.86% |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 2.87% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 31.55% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 18.35% |
| 10 | Glass House Brands | 560.44 Mn | 486.00 Mn | 15.77 Mn | 4.87% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.87% |
| Mar 31, 2026 | -28.69% |
| Dec 31, 2025 | -3.35% |
| Sep 30, 2025 | 9.28% |
| Jun 30, 2025 | 57.13% |
| Mar 31, 2025 | 20.45% |
| Dec 31, 2024 | 20.27% |
| Sep 30, 2024 | 22.86% |
| Jun 30, 2024 | 23.75% |
| Dec 31, 2023 | 18.59% |
| Sep 30, 2023 | 29.05% |
| Jun 30, 2023 | 18.96% |
| Dec 31, 2022 | -38.05% |
| Jun 30, 2022 | -1.10% |
| Mar 31, 2022 | -21.38% |
| Dec 31, 2021 | -1,074.62% |
| Sep 30, 2021 | 613.81% |
| Jun 30, 2021 | 8.46% |
| Mar 31, 2021 | 1.41% |
| Dec 31, 2020 | -14.98% |
Glass House Brands FCF 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=fcf-margin&ticker=GLAS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=GLAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();