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
DateValue
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