Glass House Brands (GLAS) Return on Invested Capital [ROIC] (2021 - 2026)
Glass House Brands' Return on Invested Capital [ROIC] came in at -28.79% for Q2 2026, down 30.72 percentage points from 1.93% a year earlier and down 9.16 percentage points from the prior quarter.
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Analysis
Glass House Brands (GLAS) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, Glass House Brands' Return on Invested Capital [ROIC] was -10.37%, down 10.56 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a four-year change of +15.41 percentage points (FY2021 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 0.19% in FY2024 (+22.53 pp), -22.34% in FY2023 (-0.70 pp), -21.65% in FY2022 (+4.14 pp) and -25.79% in FY2021.
- The Q2 2026 figure represents the lowest quarterly Return on Invested Capital [ROIC] in data going back to Q1 2021.
- Year-over-year, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of +0.12 percentage points over the last seven quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2024 (a gain of 24.52 percentage points), and the weakest in Q2 2026 (a drop of 30.72 percentage points).
- Business Quant data shows GLAS's Return on Invested Capital [ROIC] at -19.62% (Q1 2026), -11.49% (Q4 2025) and 0.00% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.65 Bn | 279.65 Bn | 7.85 Bn | 32.08% |
| 2 | British American Tobacco p.l.c | 132.02 Bn | 108.39 Bn | - | - |
| 3 | Altria | 126.31 Bn | 113.24 Bn | 3.94 Bn | 38.67% |
| 4 | Curaleaf Holdings | 2.41 Bn | 2.02 Bn | 170.48 Mn | 0.73% |
| 5 | Trulieve Cannabis | 2.09 Bn | 707.92 Mn | 162.29 Mn | -24.18% |
| 6 | RLX Technology | 1.95 Bn | -1.82 Bn | 52.74 Mn | 3.63% |
| 7 | Green Thumb Industries | 1.44 Bn | 207.47 Mn | 146.79 Mn | 1.79% |
| 8 | Cronos | 1.36 Bn | -1.92 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.29 Bn | 398.08 Mn | 93.70 Mn | 9.05% |
| 10 | Glass House Brands | 159.37 Mn | 84.93 Mn | 15.77 Mn | -28.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -28.95% |
| Mar 31, 2026 | -19.72% |
| Dec 31, 2025 | -11.54% |
| Sep 30, 2025 | 0.00% |
| Jun 30, 2025 | 1.94% |
| Mar 31, 2025 | 2.31% |
| Dec 31, 2024 | 0.19% |
| Sep 30, 2024 | -14.14% |
| Jun 30, 2024 | -16.10% |
| Mar 31, 2024 | -19.68% |
| Dec 31, 2023 | -25.01% |
| Sep 30, 2023 | -14.12% |
| Jun 30, 2023 | -20.15% |
| Mar 31, 2023 | -27.82% |
| Dec 31, 2022 | -17.31% |
| Sep 30, 2022 | -20.54% |
| Jun 30, 2022 | -26.73% |
| Mar 31, 2022 | -20.20% |
| Dec 31, 2021 | -18.59% |
| Sep 30, 2021 | -13.36% |
API Access
Glass House Brands Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=GLAS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=GLAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();