Green Thumb Industries (GTBIF) EBITDA Margin (2019 - 2026)
Green Thumb Industries (GTBIF) reported EBITDA Margin of 13.57% for Q1 2026, down 163.0% on a YoY basis from 21.54% in Q1 2025, and up 121.69% quarter-over-quarter from 6.12% in Q4 2025.
Green Thumb Industries (GTBIF) EBITDA Margin (2019 - 2026) Analysis & Trends
Green Thumb Industries has reported EBITDA Margin for 8 years, with the latest figure at 13.57% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 163.0% year-over-year to 13.57%; the trailing twelve-month figure through Mar 2026 stood at 11.37% (down 583.0% YoY), and the FY2025 full-year result was 4.71%, up 101.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 13.57%, up from 6.12% in the prior quarter.
- The five-year high for EBITDA Margin was 25.62% in Q1 2024, with the low at 17.17% in Q4 2022.
- Historically, EBITDA Margin has averaged 15.21% across 5 years, with a median of 17.78% in 2023.
- Annual changes were most pronounced in 2022 — EBITDA Margin slumped 3950 bps — and 2023, when it surged 3526 bps.
- Green Thumb Industries' EBITDA Margin stood at 17.17% in 2022, then soared by 205 bps to 18.09% in 2023, then rose by 7 bps to 19.4% in 2024, then tumbled by 68 bps to 6.12% in 2025, then jumped by 122 bps to 13.57% in 2026.
- The last three EBITDA Margin figures came in at 13.57% (Q1 2026), 6.12% (Q4 2025), and 12.61% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 16.37% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 36.83% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 41.69% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | -1.01% |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 22.74% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 22.39% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -170.35% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 21.55% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | -16.25% |
| 10 | Green Thumb Industries | - | - | 143.65 Mn | 13.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 22.92% |