High Tide (HITI) FCF Margin (2020 - 2026)
High Tide's FCF Margin came in at 5.99% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 4.52 percentage points from 1.46% a year earlier and up 2.63 percentage points from the prior quarter.
High Tide (HITI) FCF Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, High Tide reported FCF Margin of 1.76%, down 0.13 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it came in at 2.32%, down 2.91 percentage points from FY2024.
- FCF Margin carries a five-year change of -5.55 percentage points (FY2020 to FY2025).
- Going back by fiscal year, FCF Margin was 5.23% in FY2024 (+2.18 pp), 3.05% in FY2023 (+3.96 pp), -0.91% in FY2022 (+6.48 pp) and -7.39% in FY2021 (-15.26 pp).
- The fiscal Q3 2026 figure represents the highest quarterly FCF Margin since fiscal Q3 2020.
- Business Quant data shows HITI's FCF Margin at 3.35% (Q2 2026), 4.34% (Q1 2026) and -7.92% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 307.33 Bn | 286.97 Bn | 7.66 Bn | 45.68% |
| 2 | British American Tobacco p.l.c | 128.97 Bn | 105.33 Bn | - | - |
| 3 | Altria | 123.30 Bn | 109.46 Bn | 3.82 Bn | 10.83% |
| 4 | Trulieve Cannabis | 2.12 Bn | 741.64 Mn | 162.29 Mn | 11.86% |
| 5 | Curaleaf Holdings | 2.12 Bn | 1.72 Bn | 169.91 Mn | -6.05% |
| 6 | RLX Technology | 2.06 Bn | -1.70 Bn | 52.74 Mn | -6.24% |
| 7 | Green Thumb Industries | 1.43 Bn | 279.53 Mn | 137.87 Mn | 2.87% |
| 8 | Turning Point Brands | 1.28 Bn | 389.03 Mn | 93.70 Mn | 18.35% |
| 9 | Cronos | 1.27 Bn | -2.01 Bn | 28.45 Mn | 31.55% |
| 10 | High Tide | 220.24 Mn | 110.97 Mn | 37.83 Mn | 5.99% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 5.99% |
| Apr 30, 2026 | 3.35% |
| Jan 31, 2026 | 4.34% |
| Oct 31, 2025 | -7.92% |
| Jul 31, 2025 | 1.46% |
| Oct 31, 2024 | -3.84% |
| Oct 31, 2023 | 0.18% |
| Jul 31, 2023 | 0.86% |
| Apr 30, 2023 | 2.09% |
| Jan 31, 2023 | 3.01% |
| Oct 31, 2022 | -5.88% |
| Jul 31, 2022 | 2.32% |
| Oct 31, 2021 | -21.83% |
| Oct 31, 2020 | -4.39% |
| 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();