Green Thumb Industries (GTBIF) EBIT Margin (2019 - 2026)
Green Thumb Industries' (GTBIF) quarterly EBIT Margin came in at 6.51% in Q2 2026, down 694.0% on a YoY basis from 1.1% in Q2 2025, and down 52.02% quarter-over-quarter from 13.57% in Q1 2026.
Analysis
Green Thumb Industries (GTBIF) EBIT Margin (2019 - 2026) Analysis & Trends
Green Thumb Industries (GTBIF) has reported EBIT Margin for 8 consecutive years, with 6.51% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBIT Margin fell 694.0% year-over-year to 6.51%; the trailing twelve-month figure through Jun 2026 stood at 9.63% (down 611.0% YoY), and the FY2025 full-year result was 11.72%, down 802.0% from the prior year.
- EBIT Margin retreated to 6.51% in Q2 2026 per GTBIF's latest filing, from 13.57% in the prior quarter.
- Across five years, EBIT Margin topped out at 25.62% in Q1 2024 and bottomed at 17.17% in Q4 2022.
- Historically, EBIT Margin has averaged 14.72% across 5 years, with a median of 17.03% in 2023.
- The sharpest annual moves came in 2022 and 2023: EBIT Margin tumbled 3950 bps in 2022, then soared 3526 bps in 2023.
- Over 5 years, EBIT Margin stood at 17.17% in 2022, then surged by 205 bps to 18.09% in 2023, then advanced by 7 bps to 19.4% in 2024, then sank by 68 bps to 6.12% in 2025, then rose by 6 bps to 6.51% in 2026.
- According to Business Quant data, EBIT Margin over the past three periods registered 6.51%, 13.57%, and 6.12% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 1.24% |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | -136.75% |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 6.51% |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 10.49% |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | -6.37% |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | -3.01% |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | -5.84% |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 1.44% |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | -22.03% |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | -3.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.51% |
| Mar 31, 2026 | 13.57% |
| Dec 31, 2025 | 6.12% |
| Sep 30, 2025 | 12.61% |
| Jun 30, 2025 | 13.45% |
| Mar 31, 2025 | 15.20% |
| Dec 31, 2024 | 19.40% |
| Sep 30, 2024 | 14.86% |
| Jun 30, 2024 | 19.28% |
| Mar 31, 2024 | 25.62% |
| Dec 31, 2023 | 18.09% |
| Sep 30, 2023 | 17.80% |
| Jun 30, 2023 | 16.27% |
| Mar 31, 2023 | 17.78% |
| Dec 31, 2022 | -17.17% |
| Sep 30, 2022 | 18.67% |
| Jun 30, 2022 | 24.48% |
| Mar 31, 2022 | 22.49% |
| Dec 31, 2021 | 22.33% |
| Sep 30, 2021 | 24.85% |