Green Thumb Industries (GTBIF) EV to EBITDA (2019 - 2026)
Green Thumb Industries' (GTBIF) EV to EBITDA stood at 4.70 in Q2 2026, up 44.4% from 3.26 a year earlier and up 41.3% from the prior quarter.
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Analysis
Green Thumb Industries (GTBIF) EV to EBITDA (2019 - 2026) Analysis & Trends
On a TTM basis, Green Thumb Industries' EV to EBITDA came in at 1.47 as of Jun 30, 2026, up 5.9% year-over-year; for FY2025, it was 4.88, up 6.1% from FY2024.
- Across earlier years, EV to EBITDA came in at 4.60 in FY2024 (-40.5%), 7.74 in FY2023 (+4.5%), 7.40 in FY2022 (-50.5%) and 14.96 in FY2021 (-44.6%).
- Quarterly EV to EBITDA has ranged from 3.26 in Q2 2025 to 19.00 in Q3 2021 over the past five years.
- On a year-over-year basis, EV to EBITDA has increased for three consecutive quarters, with an average decline of 21.8% over the last eight quarters.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 104.3% in Q3 2023, against a decline of 80.4% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.33 (Q1 2026), 4.88 (Q4 2025) and 4.86 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 311.51 Bn | 291.15 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 129.24 Bn | 105.61 Bn | - |
| 3 | Altria | 124.94 Bn | 111.10 Bn | 3.82 Bn |
| 4 | Trulieve Cannabis | 2.09 Bn | 705.03 Mn | 162.29 Mn |
| 5 | RLX Technology | 2.07 Bn | -1.69 Bn | 52.74 Mn |
| 6 | Curaleaf Holdings | 2.07 Bn | 1.67 Bn | 169.91 Mn |
| 7 | Green Thumb Industries | 1.38 Bn | 228.69 Mn | 137.87 Mn |
| 8 | Turning Point Brands | 1.28 Bn | 383.66 Mn | 93.70 Mn |
| 9 | Cronos | 1.23 Bn | -2.04 Bn | 28.45 Mn |
| 10 | Tilray Brands | 406.02 Mn | -561.48 Mn | 77.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.92 |
| Mar 31, 2026 | 2.81 |
| Dec 31, 2025 | 4.13 |
| Sep 30, 2025 | 4.14 |
| Jun 30, 2025 | 2.75 |
| Mar 31, 2025 | 2.79 |
| Dec 31, 2024 | 3.96 |
| Sep 30, 2024 | 5.29 |
| Jun 30, 2024 | 6.12 |
| Mar 31, 2024 | 7.82 |
| Dec 31, 2023 | 6.62 |
| Sep 30, 2023 | 9.31 |
| Jun 30, 2023 | 6.14 |
| Mar 31, 2023 | 5.55 |
| Dec 31, 2022 | 6.16 |
| Sep 30, 2022 | 5.06 |
| Jun 30, 2022 | 4.21 |
| Mar 31, 2022 | 10.95 |
| Dec 31, 2021 | 13.35 |
| Sep 30, 2021 | 16.98 |
API Access
Green Thumb Industries EV to EBITDA 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-ebitda&ticker=GTBIF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=GTBIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();