High Tide (HITI) FCF Margin (2020 - 2026)
High Tide's FCF Margin came in at 3.35% for fiscal Q2 2026 (quarter ended Apr 30, 2026), down 4.14 percentage points from 7.49% a year earlier and down 0.98 percentage points from the prior quarter.
High Tide (HITI) FCF Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Apr 30, 2026, High Tide reported FCF Margin of 4.42%, down 2.66 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it came in at 5.72%, down 2.66 percentage points from FY2024.
- FCF Margin carries a five-year change of -7.67 percentage points (FY2020 to FY2025).
- Going back by fiscal year, FCF Margin was 8.38% in FY2024 (+2.96 pp), 5.42% in FY2023 (+1.99 pp), 3.43% in FY2022 (+10.83 pp) and -7.39% in FY2021 (-20.78 pp).
- The fiscal Q2 2026 figure represents the lowest quarterly FCF Margin since fiscal Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 45.68% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 10.83% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | -6.05% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | -6.24% |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | 11.86% |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 2.87% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 31.55% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 18.35% |
| 10 | High Tide | 244.26 Mn | 142.55 Mn | 34.98 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 3.35% |
| Jan 31, 2026 | 4.34% |
| Oct 31, 2025 | 4.38% |
| Apr 30, 2025 | 7.49% |
| Oct 31, 2024 | 8.04% |
| Jun 30, 2024 | 10.31% |
| Oct 31, 2023 | 9.29% |
| Apr 30, 2023 | 2.09% |
| Jan 31, 2023 | 3.01% |
| Oct 31, 2022 | 8.45% |
| Jul 31, 2022 | 2.32% |
| Oct 31, 2021 | -21.83% |
| Oct 31, 2020 | 14.07% |
| Jul 31, 2020 | 16.12% |
High Tide FCF 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=fcf-margin&ticker=HITI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();