Green Thumb Industries (GTBIF) EBT Margin (2019 - 2026)
Green Thumb Industries' EBT Margin came in at 5.20% for Q2 2026, down 2.41 percentage points from 7.61% a year earlier and down 15.83 percentage points from the prior quarter.
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Analysis
Green Thumb Industries (GTBIF) EBT Margin (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Green Thumb Industries reported EBT Margin of 23.19%, up 10.55 percentage points year-over-year; for FY2025, it was 22.41%, up 4.81 percentage points from FY2024.
- EBT Margin has increased in each of the last three years, with a five-year change of +3.91 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 17.60% in FY2024 (+2.80 pp), 14.80% in FY2023 (+4.14 pp), 10.66% in FY2022 (-12.28 pp) and 22.94% in FY2021 (+4.45 pp).
- The Q2 2026 figure represents the lowest quarterly EBT Margin since Q4 2022.
- Year-over-year, EBT Margin increased in four of the last eight quarters, with an average year-over-year change of +3.01 percentage points.
- The fastest year-over-year change in EBT Margin over five years came in Q4 2023 (a gain of 32.73 percentage points), and the weakest in Q4 2022 (a drop of 43.31 percentage points).
- Business Quant data shows GTBIF's EBT Margin at 21.03% (Q1 2026), 41.27% (Q4 2025) and 25.03% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 38.35% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 47.93% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | -7.74% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 24.43% |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | -141.50% |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 5.20% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 50.59% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 9.78% |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn | -4.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.20% |
| Mar 31, 2026 | 21.03% |
| Dec 31, 2025 | 41.27% |
| Sep 30, 2025 | 25.03% |
| Jun 30, 2025 | 7.61% |
| Mar 31, 2025 | 14.21% |
| Dec 31, 2024 | 14.99% |
| Sep 30, 2024 | 13.84% |
| Jun 30, 2024 | 18.85% |
| Mar 31, 2024 | 23.02% |
| Dec 31, 2023 | 10.14% |
| Sep 30, 2023 | 16.46% |
| Jun 30, 2023 | 15.63% |
| Mar 31, 2023 | 17.32% |
| Dec 31, 2022 | -22.59% |
| Sep 30, 2022 | 16.51% |
| Jun 30, 2022 | 24.80% |
| Mar 31, 2022 | 25.07% |
| Dec 31, 2021 | 20.71% |
| Sep 30, 2021 | 25.21% |
API Access
Green Thumb Industries EBT 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=ebt-margin&ticker=GTBIF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=GTBIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();