Green Thumb Industries (GTBIF) Depreciation and Depletion (2019 - 2026)
Green Thumb Industries' Depreciation and Depletion came in at $21.54 million for Q2 2026, up 25.0% from $17.23 million a year earlier and up 3.9% from the prior quarter.
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Analysis
Green Thumb Industries (GTBIF) Depreciation and Depletion (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Green Thumb Industries reported Depreciation and Depletion of $103.74 million, up 56.3% year-over-year; for FY2025, it came in at $95.54 million, up 52.1% from FY2024.
- Depreciation and Depletion has increased in each of the last seven years, with a five-year compound annual growth rate of 43.9% (FY2020 to FY2025).
- Going back by year, Depreciation and Depletion was $62.82 million in FY2024 (+25.8%), $49.95 million in FY2023 (+35.0%), $37.01 million in FY2022 (+59.2%) and $23.25 million in FY2021 (+50.2%).
- The five-year range for quarterly Depreciation and Depletion is $6.24 million (Q3 2021) to $43.69 million (Q4 2025).
- Year-over-year, Depreciation and Depletion has increased for 20 consecutive quarters, with growth averaging 35.6% over the last eight quarters.
- The year-over-year growth in Depreciation and Depletion has ranged between 11.5% (Q1 2025) and 211.2% (Q3 2021) over the last five years.
- Business Quant data shows GTBIF's Depreciation and Depletion at $20.73 million (Q1 2026), $43.69 million (Q4 2025) and $17.78 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 33.00 Mn |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | 20.06 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 21.54 Mn |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | - |
| 10 | Verano Holdings | 771.72 Mn | 445.33 Mn | 99.70 Mn | 10.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.54 Mn |
| Mar 31, 2026 | 20.73 Mn |
| Dec 31, 2025 | 43.69 Mn |
| Sep 30, 2025 | 17.78 Mn |
| Jun 30, 2025 | 17.23 Mn |
| Mar 31, 2025 | 16.84 Mn |
| Dec 31, 2024 | 16.39 Mn |
| Sep 30, 2024 | 15.92 Mn |
| Jun 30, 2024 | 15.41 Mn |
| Mar 31, 2024 | 15.10 Mn |
| Dec 31, 2023 | 14.68 Mn |
| Sep 30, 2023 | 12.89 Mn |
| Jun 30, 2023 | 11.49 Mn |
| Mar 31, 2023 | 10.89 Mn |
| Dec 31, 2022 | 10.16 Mn |
| Sep 30, 2022 | 9.70 Mn |
| Jun 30, 2022 | 9.10 Mn |
| Mar 31, 2022 | 8.05 Mn |
| Dec 31, 2021 | 7.00 Mn |
| Sep 30, 2021 | 6.24 Mn |
API Access
Green Thumb Industries Depreciation and Depletion 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=depreciation-and-depletion&ticker=GTBIF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=GTBIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();