High Tide (HITI) Invested Capital (2020 - 2026)
High Tide (HITI) recorded Invested Capital of $89.04 million in fiscal Q2 2026 (quarter ended Apr 30, 2026), down 17.4% from $107.74 million a year earlier and down 5.4% from the prior quarter.
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Analysis
High Tide (HITI) Invested Capital (2020 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), High Tide reported Invested Capital of $94.58 million, down 25.4% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of 50.9% (FY2020 to FY2025).
- Across earlier fiscal years, Invested Capital came in at $126.73 million in FY2024 (+5.2%), $120.49 million in FY2023 (-19.9%), $150.34 million in FY2022 (+11.5%) and $134.79 million in FY2021.
- The fiscal Q2 2026 figure is the lowest quarterly Invested Capital since fiscal Q4 2020.
- On a year-over-year basis, Invested Capital has declined for three consecutive quarters, with an average decline of 12.8% over the last six quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 996.9% in fiscal Q4 2021, against a decline of 24.4% in fiscal Q4 2025 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 40.53 Bn |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | 154.98 Bn |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 21.91 Bn |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | 1.48 Bn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 2.32 Bn |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | 859.48 Mn |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 2.14 Bn |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 748.17 Mn |
| 10 | High Tide | 229.43 Mn | 127.72 Mn | 34.98 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 89.04 Mn |
| Jan 31, 2026 | 94.12 Mn |
| Oct 31, 2025 | 95.46 Mn |
| Apr 30, 2025 | 107.74 Mn |
| Jan 31, 2025 | 111.22 Mn |
| Oct 31, 2024 | 126.28 Mn |
| Apr 30, 2024 | 126.38 Mn |
| Jan 31, 2024 | 124.37 Mn |
| Oct 31, 2023 | 119.81 Mn |
| Apr 30, 2023 | 148.45 Mn |
| Jan 31, 2023 | 145.47 Mn |
| Oct 31, 2022 | 145.59 Mn |
| Jul 31, 2022 | 182.96 Mn |
| Apr 30, 2022 | 169.39 Mn |
| Jan 31, 2022 | 157.95 Mn |
| Oct 31, 2021 | 134.82 Mn |
| Jul 31, 2021 | 132.50 Mn |
| Apr 30, 2021 | 97.84 Mn |
| Oct 31, 2020 | 12.29 Mn |
API Access
High Tide Invested Capital 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=invested-capital&ticker=HITI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();