High Tide (HITI) Property, Plant & Equipment (Net) (2020 - 2026)
High Tide (HITI) recorded Property, Plant & Equipment (Net) of $21.22 million in fiscal Q2 2026 (quarter ended Apr 30, 2026), up 6.0% from $20.02 million a year earlier and up 2.0% from the prior quarter.
High Tide (HITI) Property, Plant & Equipment (Net) (2020 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), High Tide reported Property, Plant & Equipment (Net) of $21.02 million, up 4.1% from FY2024.
- Annual Property, Plant & Equipment (Net) has a five-year compound annual growth rate of 16.7% (FY2020 to FY2025).
- Across earlier fiscal years, Property, Plant & Equipment (Net) came in at $20.19 million in FY2024 (+0.3%), $20.13 million in FY2023 (-17.8%), $24.48 million in FY2022 (+24.3%) and $19.69 million in FY2021 (+102.3%).
- Quarterly Property, Plant & Equipment (Net) has ranged from $18.22 million in fiscal Q3 2021 to $23.7 million in fiscal Q4 2022 over the past five years.
- On a year-over-year basis, Property, Plant & Equipment (Net) has increased for three consecutive quarters, with growth averaging 2.6% over the last six quarters.
- Peak year-over-year performance for Property, Plant & Equipment (Net) in the last five years was growth of 99.0% in fiscal Q4 2021, against a decline of 15.6% in fiscal Q4 2023 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 8.31 Bn |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | 5.66 Bn |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 1.76 Bn |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | 505.90 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 38.16 Mn |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | 583.99 Mn |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 695.71 Mn |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | 141.54 Mn |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 39.70 Mn |
| 10 | High Tide | 229.43 Mn | 127.72 Mn | 34.98 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 21.22 Mn |
| Jan 31, 2026 | 20.80 Mn |
| Oct 31, 2025 | 21.22 Mn |
| Apr 30, 2025 | 20.02 Mn |
| Jan 31, 2025 | 19.85 Mn |
| Oct 31, 2024 | 20.12 Mn |
| Apr 30, 2024 | 20.07 Mn |
| Jan 31, 2024 | 20.08 Mn |
| Oct 31, 2023 | 20.02 Mn |
| Apr 30, 2023 | 21.82 Mn |
| Jan 31, 2023 | 22.70 Mn |
| Oct 31, 2022 | 23.70 Mn |
| Jul 31, 2022 | 22.42 Mn |
| Apr 30, 2022 | 23.62 Mn |
| Jan 31, 2022 | 23.20 Mn |
| Oct 31, 2021 | 19.69 Mn |
| Jul 31, 2021 | 18.22 Mn |
| Apr 30, 2021 | 17.09 Mn |
| Oct 31, 2020 | 9.90 Mn |
High Tide Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=HITI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();