Green Thumb Industries (GTBIF) FCF Margin (2019 - 2026)

Green Thumb Industries (GTBIF) posted FCF Margin of 18.97% for Q1 2026, down 21.79% on a QoQ basis from 24.25% in Q4 2025, and up 309.0% year-over-year from 4.64% in Q1 2025.

Green Thumb Industries (GTBIF) FCF Margin (2019 - 2026) Analysis & Trends

Green Thumb Industries' FCF Margin history runs 8 years deep, the most recent figure standing at 18.97% for Q1 2026.

  • Quarterly FCF Margin rose 309.0% year-over-year to 18.97% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.93% (up 1104.0% YoY) and the FY2025 annual result came in at 18.2%, up 808.0% from the prior year.
  • FCF Margin was 18.97% for Q1 2026 at Green Thumb Industries, down from 24.25% in the prior quarter.
  • Across five years, FCF Margin topped out at 25.13% in Q1 2024 and bottomed at 18.25% in Q2 2023.
  • A 5-year average of 7.32% and a median of 5.48% in 2024 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2022 — FCF Margin plunged 1101 bps — and 2024, when it soared 2123 bps.
  • Green Thumb Industries' FCF Margin stood at 4.13% in 2022, then surged by 201 bps to 12.46% in 2023, then plunged by 56 bps to 5.48% in 2024, then surged by 342 bps to 24.25% in 2025, then dropped by 22 bps to 18.97% in 2026.
  • Business Quant data shows GTBIF's FCF Margin at 18.97% in Q1 2026, 24.25% in Q4 2025, and 19.42% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn -5.22%
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 12.86%
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -5.35%
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 46.54%
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 9.93%
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 17.73%
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn -2.77%
10 Green Thumb Industries 1.63 Bn 1.29 Bn 143.65 Mn 18.97%

Historic Data

Download Data
DateValue
Mar 31, 2026 18.97%
Dec 31, 2025 24.25%
Sep 30, 2025 19.42%
Jun 30, 2025 12.77%
Mar 31, 2025 15.88%
Dec 31, 2024 5.48%
Sep 30, 2024 10.33%
Jun 30, 2024 -0.04%
Mar 31, 2024 25.13%
Dec 31, 2023 12.46%
Sep 30, 2023 2.41%
Jun 30, 2023 -18.25%
Mar 31, 2023 3.90%
Dec 31, 2022 4.13%
Sep 30, 2022 -0.17%
Jun 30, 2022 -11.70%
Mar 31, 2022 -0.60%
Dec 31, 2021 -8.79%
Sep 30, 2021 -16.49%
Jun 30, 2021 -7.25%