Green Thumb Industries (GTBIF) Tax Rate (2019 - 2026)

Green Thumb Industries (GTBIF) posted Tax Rate of 76.17% for Q1 2026, up 211.32% on a QoQ basis from 68.42% in Q4 2025, and down 268.0% year-over-year from 45.34% in Q1 2025.

Green Thumb Industries (GTBIF) Tax Rate (2019 - 2026) Analysis & Trends

Green Thumb Industries' Tax Rate history runs 8 years deep, the most recent figure standing at 76.17% for 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 was 76.17% for Q1 2026 at Green Thumb Industries, up from 68.42% in the prior quarter.
  • Across five years, Tax Rate topped out at 96.72% in Q2 2025 and bottomed at 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 slumped 14771 bps.
  • Green Thumb Industries' Tax Rate stood at 69.01% in 2022, then tumbled by 214 bps to 216.72% in 2023, then gained by 22 bps to 168.29% in 2024, then soared by 59 bps to 68.42% in 2025, then jumped by 211 bps to 76.17% in 2026.
  • Business Quant data shows GTBIF's Tax Rate at 76.17% in Q1 2026, 68.42% in Q4 2025, and 67.36% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 15.33%
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 20.71%
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -23.33%
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 13.63%
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 171.33%
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 19.81%
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 34.48%
10 Green Thumb Industries 1.63 Bn 1.29 Bn 143.65 Mn 76.17%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 -168.29%
Sep 30, 2024 77.88%
Sep 30, 2024 77.88%