Green Thumb Industries (GTBIF) EBIT Margin (2019 - 2026)
Green Thumb Industries (GTBIF) recorded EBIT Margin of 6.51% in Q2 2026, down 6.94 percentage points from 13.45% a year earlier and down 7.06 percentage points from the prior quarter.
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Analysis
Green Thumb Industries (GTBIF) EBIT Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Green Thumb Industries' EBIT Margin came in at 9.63% as of Jun 30, 2026, down 6.11 percentage points year-over-year; for FY2025, it was 11.72%, down 8.02 percentage points from FY2024.
- Annual EBIT Margin has a five-year change of -7.35 percentage points (FY2020 to FY2025).
- Across earlier years, EBIT Margin came in at 19.74% in FY2024 (+2.23 pp), 17.51% in FY2023 (+5.61 pp), 11.90% in FY2022 (-12.14 pp) and 24.04% in FY2021 (+4.98 pp).
- Quarterly EBIT Margin has ranged from -17.17% in Q4 2022 to 25.62% in Q1 2024 over the past five years.
- On a year-over-year basis, EBIT Margin has declined for six consecutive quarters, with an average year-over-year change of -5.25 percentage points over the last eight quarters.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 35.26 percentage points in Q4 2023, against a drop of 39.50 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 13.57% (Q1 2026), 6.12% (Q4 2025) and 12.61% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.85 Bn | 281.83 Bn | 7.85 Bn | 42.54% |
| 2 | British American Tobacco p.l.c | 140.62 Bn | 117.27 Bn | - | - |
| 3 | Altria | 126.99 Bn | 113.97 Bn | 3.94 Bn | 54.03% |
| 4 | RLX Technology | 2.37 Bn | -1.38 Bn | 52.74 Mn | 12.90% |
| 5 | Curaleaf Holdings | 2.36 Bn | 1.98 Bn | 170.48 Mn | 0.83% |
| 6 | Verano Holdings | 2.05 Bn | 1.71 Bn | 100.04 Mn | 5.61% |
| 7 | Trulieve Cannabis | 1.89 Bn | 629.78 Mn | 148.02 Mn | 18.46% |
| 8 | Green Thumb Industries | 1.59 Bn | 362.48 Mn | 146.79 Mn | 7.73% |
| 9 | Cronos | 1.25 Bn | -1.89 Bn | 32.28 Mn | 10.76% |
| 10 | Turning Point Brands | 1.25 Bn | 333.93 Mn | 85.18 Mn | 6.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.73% |
| Jun 30, 2026 | 6.51% |
| Mar 31, 2026 | 13.57% |
| Dec 31, 2025 | 0.99% |
| 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% |
API Access
Green Thumb Industries EBIT Margin 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=ebit-margin&ticker=GTBIF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=GTBIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();