Green Thumb Industries (GTBIF) Tax Rate (2019 - 2026)
Green Thumb Industries' (GTBIF) quarterly Tax Rate came in at 76.17% in Q1 2026, down 268.0% YoY from 45.34% in Q1 2025, and up 211.32% on a QoQ basis from 68.42% in Q4 2025.
Green Thumb Industries (GTBIF) Tax Rate (2019 - 2026) Analysis & Trends
Green Thumb Industries (GTBIF) has 8 years of Tax Rate data on file, last reported at 76.17% in Q1 2026.
- Quarterly Tax Rate fell 268.0% year-over-year to 76.17% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 10.79% (down 49.0% YoY) and the FY2025 annual result came in at 5.37%, down 498.0% from the prior year.
- Tax Rate grew to 76.17% in Q1 2026, from 68.42% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 96.72% in Q2 2025 to a low of 216.72% in Q4 2023.
- A 5-year average of 23.15% and a median of 65.3% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 12551 bps — and 2023, when it tumbled 14771 bps.
- Tracing GTBIF's Tax Rate over 5 years: stood at 69.01% in 2022, then sank by 214 bps to 216.72% in 2023, then increased by 22 bps to 168.29% in 2024, then jumped by 59 bps to 68.42% in 2025, then surged by 211 bps to 76.17% in 2026.
- The last three Tax Rate figures came in at 76.17% (Q1 2026), 68.42% (Q4 2025), and 67.36% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 44.07 Bn | 43.10 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.41 Bn | 39.75 Bn | 2.15 Bn | -26.59% |
| 3 | Zoetis | 31.83 Bn | 30.15 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.77 Bn | 22.97 Bn | 5.10 Bn | -30.40% |
| 5 | United Therapeutics | 22.27 Bn | 19.61 Bn | 683.80 Mn | 10.65% |
| 6 | Viatris | 18.76 Bn | 17.87 Bn | 1.46 Bn | -85.63% |
| 7 | Neurocrine Biosciences | 15.65 Bn | 15.26 Bn | 935.80 Mn | 10.97% |
| 8 | Elanco Animal Health | 11.93 Bn | 11.40 Bn | 798.00 Mn | 3.57% |
| 9 | Dr Reddys Laboratories | 10.16 Bn | 10.00 Bn | - | - |
| 10 | Green Thumb Industries | 1.66 Bn | 1.37 Bn | 137.87 Mn | 78.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 78.51% |
| Jun 30, 2026 | 78.51% |
| Jun 30, 2026 | 78.51% |
| Mar 31, 2026 | 76.17% |
| Mar 31, 2026 | 76.17% |
| Mar 31, 2026 | 76.17% |
| Dec 31, 2025 | -68.42% |
| Dec 31, 2025 | -68.42% |
| Dec 31, 2025 | -68.42% |
| Sep 30, 2025 | 67.36% |
| Sep 30, 2025 | 67.36% |
| Sep 30, 2025 | 67.36% |
| Jun 30, 2025 | 96.72% |
| Jun 30, 2025 | 96.72% |
| Jun 30, 2025 | 96.72% |
| Mar 31, 2025 | 78.85% |
| Mar 31, 2025 | 78.85% |
| Mar 31, 2025 | 78.85% |
| Dec 31, 2024 | -168.29% |
| Dec 31, 2024 | -168.29% |