Green Thumb Industries (GTBIF) Times Interest Earned (2019 - 2026)
Green Thumb Industries' (GTBIF) quarterly Times Interest Earned 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.
Analysis
Green Thumb Industries (GTBIF) Times Interest Earned (2019 - 2026) Analysis & Trends
Green Thumb Industries (GTBIF) has reported Times Interest Earned for 8 consecutive years, with 3.1 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Times Interest Earned 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.
- Times Interest Earned fell to 3.1 in Q2 2026 per GTBIF's latest filing, from 7.89 in the prior quarter.
- Across five years, Times Interest Earned topped out at 14.31 in Q2 2023 and bottomed at 8.75 in Q4 2022.
- Historically, Times Interest Earned has averaged 7.77 across 5 years, with a median of 8.86 in 2022.
- The sharpest annual moves came in 2022 and 2023: Times Interest Earned slumped 189.39% in 2022, then soared 174.26% in 2023.
- Over 5 years, Times Interest Earned 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, Times Interest Earned 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) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.71 Bn | 2.62 Bn | 169.91 Mn | - |
| 2 | Trulieve Cannabis | 2.13 Bn | 1.80 Bn | 162.29 Mn | -29.04 |
| 3 | Green Thumb Industries | 1.42 Bn | 1.14 Bn | 137.87 Mn | 3.10 |
| 4 | Cronos | 1.24 Bn | 493.69 Mn | 28.45 Mn | - |
| 5 | Verano Holdings | 878.62 Mn | 791.60 Mn | 99.70 Mn | - |
| 6 | Glass House Brands | 596.99 Mn | 578.44 Mn | 15.77 Mn | -4.77 |
| 7 | Tilray Brands | 525.42 Mn | 271.32 Mn | 90.52 Mn | - |
| 8 | Vireo Growth | 517.57 Mn | 375.27 Mn | 95.30 Mn | -0.83 |
| 9 | Canopy Growth | 393.41 Mn | 146.40 Mn | 16.08 Mn | -1.74 |
| 10 | Sndl | 360.80 Mn | 228.26 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 |