Green Thumb Industries (GTBIF) Interest Coverage Ratio (2019 - 2026)
Green Thumb Industries' (GTBIF) quarterly Interest Coverage Ratio came in at 3.1 in Q2 2026, down 55.88% on a YoY basis from 7.03 in Q2 2025, and down 60.67% quarter-over-quarter from 7.89 in Q1 2026.
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Green Thumb Industries (GTBIF) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Green Thumb Industries (GTBIF) has reported Interest Coverage Ratio for 8 consecutive years, with 3.1 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 55.88% year-over-year to 3.1; the trailing twelve-month figure through Jun 2026 stood at 5.37 (down 37.24% YoY), and the FY2025 full-year result was 6.88, down 25.62% from the prior year.
- Interest Coverage Ratio fell to 3.1 in Q2 2026 per GTBIF's latest filing, from 7.89 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 14.31 in Q2 2023 and bottomed at 8.75 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 7.77 across 5 years, with a median of 8.86 in 2022.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio slumped 189.39% in 2022, then soared 174.26% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 8.75 in 2022, then jumped by 174.26% to 6.5 in 2023, then soared by 60.57% to 10.43 in 2024, then sank by 62.58% to 3.9 in 2025, then decreased by 20.54% to 3.1 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 3.1, 7.89, and 3.9 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | - |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | -29.04 |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 3.10 |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | - |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | -4.77 |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | -0.83 |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | - |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | - |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | -1.74 |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.10 |
| Mar 31, 2026 | 7.89 |
| Dec 31, 2025 | 3.90 |
| Sep 30, 2025 | 7.03 |
| Jun 30, 2025 | 7.03 |
| Mar 31, 2025 | 8.73 |
| Dec 31, 2024 | 10.43 |
| Sep 30, 2024 | 8.05 |
| Jun 30, 2024 | 9.03 |
| Mar 31, 2024 | 9.41 |
| Dec 31, 2023 | 6.50 |
| Sep 30, 2023 | 10.57 |
| Jun 30, 2023 | 14.31 |
| Mar 31, 2023 | 11.58 |
| Dec 31, 2022 | -8.75 |
| Sep 30, 2022 | 10.50 |
| Jun 30, 2022 | 11.53 |
| Mar 31, 2022 | 8.99 |
| Dec 31, 2021 | 9.79 |
| Sep 30, 2021 | 7.62 |