High Tide (HITI) EBITDA Margin (2020 - 2026)
High Tide (HITI) posted EBITDA Margin of 6.83% for fiscal Q2 2026 (quarter ended Apr 30, 2026), up 2.05 percentage points from 4.78% a year earlier and up 1.00 percentage points from the prior quarter.
High Tide (HITI) EBITDA Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Apr 30, 2026, EBITDA Margin at High Tide was 2.55%, down 2.04 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it was 1.66%, down 4.16 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of -6.61 percentage points (FY2020 to FY2025).
- In prior fiscal years, High Tide's EBITDA Margin was 5.82% in FY2024 (+7.60 pp), -1.78% in FY2023 (+10.03 pp), -11.81% in FY2022 (-14.51 pp) and 2.70% in FY2021 (-5.57 pp).
- The fiscal Q2 2026 figure stands as the highest quarterly EBITDA Margin since fiscal Q3 2024.
- On a year-over-year basis, EBITDA Margin increased in two of the last four quarters, with an average year-over-year change of +2.13 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 45.06% |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 52.23% |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 15.53% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 13.86% |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | -127.26% |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 17.33% |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 15.27% |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | - |
| 10 | High Tide | 238.15 Mn | 136.45 Mn | 34.98 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 6.83% |
| Jan 31, 2026 | 5.83% |
| Oct 31, 2025 | -7.73% |
| Apr 30, 2025 | 4.78% |
| Oct 31, 2024 | 1.83% |
| Jun 30, 2024 | 7.64% |
| Oct 31, 2023 | -20.16% |
| Jun 30, 2023 | 13.58% |
| Apr 30, 2023 | 4.28% |
| Jan 31, 2023 | 3.44% |
| Oct 31, 2022 | -42.19% |
| Jul 31, 2022 | 2.69% |
| Oct 31, 2021 | -6.19% |
| Oct 31, 2020 | 11.61% |
| Jul 31, 2020 | 14.09% |
High Tide EBITDA Margin 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=ebitda-margin&ticker=HITI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();