Green Thumb Industries (GTBIF) Debt to Equity (2019 - 2026)
Green Thumb Industries (GTBIF) reported Debt to Equity of $0.14 for Q1 2026, up 77.97% on a YoY basis from $0.08 in Q1 2025, and up 18.49% quarter-over-quarter from $0.12 in Q4 2025.
Green Thumb Industries (GTBIF) Debt to Equity (2019 - 2026) Analysis & Trends
Green Thumb Industries has reported Debt to Equity for 8 years, with the latest figure at $0.14 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 77.97% year-over-year to $0.14; the trailing twelve-month figure through Mar 2026 stood at $0.14 (up 77.97% YoY), and the FY2025 full-year result was $0.12, down 12.72% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.14, up from $0.12 in the prior quarter.
- The five-year high for Debt to Equity was $0.18 in Q4 2023, with the low at $0.05 in Q2 2024.
- Historically, Debt to Equity has averaged $0.14 across 5 years, with a median of $0.16 in 2022.
- Annual changes were most pronounced in 2024 — Debt to Equity sank 72.23% — and 2025, when it soared 176.63%.
- Green Thumb Industries' Debt to Equity stood at $0.17 in 2022, then rose by 4.44% to $0.18 in 2023, then declined by 24.31% to $0.14 in 2024, then decreased by 12.72% to $0.12 in 2025, then gained by 18.49% to $0.14 in 2026.
- The last three Debt to Equity figures came in at $0.14 (Q1 2026), $0.12 (Q4 2025), and $0.13 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 2.02 |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 2.80 |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | - |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | 0.01 |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | - |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 0.61 |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | 0.86 |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | - |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 0.47 |
| 10 | Green Thumb Industries | - | - | 143.65 Mn | 0.14 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.14 |
| Dec 31, 2025 | 0.12 |
| Sep 30, 2025 | 0.13 |
| Jun 30, 2025 | 0.13 |
| Mar 31, 2025 | 0.08 |
| Dec 31, 2024 | 0.14 |
| Sep 30, 2024 | 0.14 |
| Jun 30, 2024 | 0.05 |
| Mar 31, 2024 | 0.18 |
| Dec 31, 2023 | 0.18 |
| Sep 30, 2023 | 0.17 |
| Jun 30, 2023 | 0.17 |
| Mar 31, 2023 | 0.17 |
| Dec 31, 2022 | 0.17 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 0.16 |
| Mar 31, 2022 | 0.16 |
| Dec 31, 2021 | 0.18 |
| Sep 30, 2021 | 0.19 |
| Jun 30, 2021 | 0.17 |