High Tide (HITI) Asset Utilization Ratio (2022 - 2026)
High Tide's (HITI) Asset Utilization Ratio came in at 2.01 for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 10.0% from 2.23 a year earlier but up 5.5% 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 1.99, down 10.4% from FY2024.
- In prior fiscal years, High Tide's Asset Utilization Ratio was 2.22 in FY2024 (+13.8%), 1.95 in FY2023 (+41.1%), 1.38 in FY2022 (+20.9%) and 1.14 in FY2021.
- Quarterly Asset Utilization Ratio has run from a low of 0.64 in fiscal Q3 2022 to a high of 2.23 in fiscal Q3 2025 over five years.
- According to Business Quant data, Asset Utilization Ratio for the three prior fiscal quarters was 1.90 (Q2 2026), 1.80 (Q1 2026) and 1.93 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 314.29 Bn | 293.94 Bn | 7.66 Bn | 0.62 |
| 2 | British American Tobacco p.l.c | 131.21 Bn | 107.58 Bn | - | - |
| 3 | Altria | 125.91 Bn | 112.07 Bn | 3.82 Bn | 0.69 |
| 4 | Trulieve Cannabis | 2.24 Bn | 856.33 Mn | 162.29 Mn | 0.47 |
| 5 | Curaleaf Holdings | 2.20 Bn | 1.80 Bn | 169.91 Mn | 0.46 |
| 6 | RLX Technology | 2.01 Bn | -1.76 Bn | 52.74 Mn | 0.28 |
| 7 | Green Thumb Industries | 1.44 Bn | 292.79 Mn | 137.87 Mn | 0.43 |
| 8 | Turning Point Brands | 1.32 Bn | 430.80 Mn | 93.70 Mn | 0.62 |
| 9 | Cronos | 1.29 Bn | -1.98 Bn | 28.45 Mn | 0.20 |
| 10 | High Tide | 221.06 Mn | 111.80 Mn | 37.83 Mn | 2.01 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.01 |
| Apr 30, 2026 | 1.90 |
| Jan 31, 2026 | 1.80 |
| Oct 31, 2025 | 1.93 |
| Jul 31, 2025 | 2.23 |
| Oct 31, 2024 | 2.15 |
| Oct 31, 2023 | 1.96 |
| Jul 31, 2023 | 1.76 |
| Apr 30, 2023 | 1.64 |
| Jan 31, 2023 | 1.40 |
| Oct 31, 2022 | 0.97 |
| Jul 31, 2022 | 0.64 |
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();