High Tide (HITI) Asset Utilization Ratio (2022 - 2026)
High Tide's (HITI) Asset Utilization Ratio came in at 1.90 for fiscal Q2 2026 (quarter ended Apr 30, 2026), down 19.1% from 2.35 a year earlier but up 6.1% from the prior quarter.
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Analysis
High Tide (HITI) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), High Tide's Asset Utilization Ratio stood at 1.97, down 9.1% from FY2024.
- In prior fiscal years, High Tide's Asset Utilization Ratio was 2.17 in FY2024 (+15.9%), 1.87 in FY2023 (+38.0%), 1.36 in FY2022 (+16.6%) and 1.16 in FY2021.
- Quarterly Asset Utilization Ratio has run from a low of 0.63 in fiscal Q3 2022 to a high of 2.35 in fiscal Q2 2025 over five years.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 0.62 |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 0.69 |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 0.46 |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 0.28 |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 0.47 |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 0.43 |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 0.20 |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 0.62 |
| 10 | High Tide | 238.15 Mn | 136.45 Mn | 34.98 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 1.90 |
| Jan 31, 2026 | 1.79 |
| Apr 30, 2025 | 2.35 |
| Apr 30, 2023 | 1.64 |
| Jan 31, 2023 | 1.39 |
| Oct 31, 2022 | 0.96 |
| Jul 31, 2022 | 0.63 |
API Access
High Tide Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HITI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HITI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();