Green Thumb Industries (GTBIF) Asset Utilization Ratio (2020 - 2026)
Green Thumb Industries' Asset Utilization Ratio was 0.43 in Q2 2026, down 5.0% from 0.45 a year earlier but up 0.7% from the prior quarter.
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Analysis
Green Thumb Industries (GTBIF) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Green Thumb Industries came in at 0.44, down 2.5% from FY2024.
- In earlier years, Asset Utilization Ratio was 0.45 in FY2024 (+5.6%), 0.43 in FY2023 (+1.5%), 0.42 in FY2022 (-11.5%) and 0.48 in FY2021 (+8.3%).
- Quarterly Asset Utilization Ratio has moved between 0.39 (Q1 2022) and 0.45 (Q2 2025) over five years.
- Compared with a year earlier, Asset Utilization Ratio has declined for three straight quarters, with growth averaging 1.1% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q3 2021 (growth of 15.0%); the worst was Q1 2022 (a decline of 11.7%).
- Per Business Quant data, GTBIF's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.43 (Q1 2026), 0.43 (Q4 2025) and 0.45 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 0.62 |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 0.69 |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 0.46 |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 0.28 |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 0.47 |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 0.43 |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 0.20 |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 0.62 |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 0.49 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.43 |
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 0.43 |
| Sep 30, 2025 | 0.45 |
| Jun 30, 2025 | 0.45 |
| Mar 31, 2025 | 0.45 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | 0.44 |
| Jun 30, 2024 | 0.44 |
| Mar 31, 2024 | 0.43 |
| Dec 31, 2023 | 0.42 |
| Sep 30, 2023 | 0.41 |
| Jun 30, 2023 | 0.41 |
| Mar 31, 2023 | 0.42 |
| Dec 31, 2022 | 0.42 |
| Sep 30, 2022 | 0.41 |
| Jun 30, 2022 | 0.40 |
| Mar 31, 2022 | 0.39 |
| Dec 31, 2021 | 0.39 |
| Sep 30, 2021 | 0.42 |
API Access
Green Thumb Industries Asset Utilization Ratio 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=asset-utilization-ratio&ticker=GTBIF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "GTBIF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=GTBIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();