Green Thumb Industries (GTBIF) EV to CFO (2020 - 2026)
Green Thumb Industries' (GTBIF) EV to CFO stood at 5.31 in Q3 2026, down 18.7% from 6.54 a year earlier and down 13.0% from the prior quarter.
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Analysis
Green Thumb Industries (GTBIF) EV to CFO (2020 - 2026) Analysis & Trends
On a TTM basis, Green Thumb Industries' EV to CFO came in at 1.70 as of Sep 30, 2026, down 60.3% year-over-year; for FY2025, it was 5.43, down 39.9% from FY2024.
- Annual EV to CFO has declined for five straight years.
- Across earlier years, EV to CFO came in at 9.03 in FY2024 (-19.5%), 11.22 in FY2023 (-4.7%), 11.78 in FY2022 (-67.0%) and 35.70 in FY2021 (-32.7%).
- Quarterly EV to CFO has ranged from 3.19 in Q1 2026 to 35.70 in Q4 2021 over the past five years.
- On a year-over-year basis, EV to CFO rose in 1 of the last eight quarters, with an average decline of 31.5%.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 49.0% in Q1 2024, against a decline of 82.8% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 6.11 (Q2 2026), 3.19 (Q1 2026) and 5.43 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 310.09 Bn | 289.08 Bn | 7.85 Bn |
| 2 | British American Tobacco p.l.c | 143.09 Bn | 119.75 Bn | - |
| 3 | Altria | 130.85 Bn | 117.83 Bn | 3.94 Bn |
| 4 | RLX Technology | 2.40 Bn | -1.35 Bn | 52.74 Mn |
| 5 | Curaleaf Holdings | 2.08 Bn | 1.70 Bn | 170.48 Mn |
| 6 | Trulieve Cannabis | 1.86 Bn | 595.66 Mn | 148.02 Mn |
| 7 | Verano Holdings | 1.83 Bn | 1.48 Bn | 100.04 Mn |
| 8 | Green Thumb Industries | 1.49 Bn | 262.73 Mn | 146.79 Mn |
| 9 | Cronos | 1.24 Bn | -1.90 Bn | 32.28 Mn |
| 10 | Turning Point Brands | 1.10 Bn | 187.99 Mn | 85.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.31 |
| Jun 30, 2026 | 6.11 |
| Mar 31, 2026 | 3.19 |
| Dec 31, 2025 | 5.43 |
| Sep 30, 2025 | 6.54 |
| Jun 30, 2025 | 5.09 |
| Mar 31, 2025 | 6.26 |
| Dec 31, 2024 | 9.03 |
| Sep 30, 2024 | 10.23 |
| Jun 30, 2024 | 11.23 |
| Mar 31, 2024 | 13.72 |
| Dec 31, 2023 | 11.22 |
| Sep 30, 2023 | 11.27 |
| Jun 30, 2023 | 7.87 |
| Mar 31, 2023 | 9.21 |
| Dec 31, 2022 | 11.78 |
| Sep 30, 2022 | 15.08 |
| Jun 30, 2022 | 14.15 |
| Mar 31, 2022 | 28.59 |
| Dec 31, 2021 | 35.70 |
API Access
Green Thumb Industries EV to CFO 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=ev-to-cfo&ticker=GTBIF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=GTBIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();