High Tide (HITI) Return on Assets [ROA] (2021 - 2026)
High Tide's Return on Assets [ROA] was -11.28% in fiscal Q2 2026 (quarter ended Apr 30, 2026), down 11.18 percentage points from -0.09% a year earlier but up 1.02 percentage points from the prior quarter.
High Tide (HITI) Return on Assets [ROA] (2021 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Return on Assets [ROA] at High Tide came in at -17.07%, down 15.48 percentage points from FY2024.
- Return on Assets [ROA] shows a four-year change of +5.43 percentage points (FY2021 to FY2025).
- In earlier fiscal years, Return on Assets [ROA] was -1.58% in FY2024 (+14.13 pp), -15.71% in FY2023 (+11.20 pp), -26.91% in FY2022 (-4.41 pp) and -22.49% in FY2021.
- Quarterly Return on Assets [ROA] has moved between -24.91% (fiscal Q1 2023) and 2.06% (fiscal Q1 2025) over five years.
- Compared with a year earlier, Return on Assets [ROA] was higher in two of the last four quarters, with an average year-over-year change of -0.93 percentage points.
- The best year-over-year quarter for Return on Assets [ROA] over five years was fiscal Q1 2024 (a gain of 14.44 percentage points); the worst was fiscal Q1 2023 (a drop of 15.36 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 16.66% |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 23.46% |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | -1.14% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 2.36% |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | -19.60% |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 4.44% |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | 6.74% |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 7.33% |
| 10 | High Tide | 229.43 Mn | 127.72 Mn | 34.98 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | -11.28% |
| Jan 31, 2026 | -12.30% |
| Apr 30, 2025 | -0.09% |
| Jan 31, 2025 | 2.06% |
| Apr 30, 2024 | -9.41% |
| Jan 31, 2024 | -10.46% |
| Apr 30, 2023 | -22.57% |
| Jan 31, 2023 | -24.91% |
| Oct 31, 2022 | -24.12% |
| Jul 31, 2022 | -7.42% |
| Apr 30, 2022 | -7.30% |
| Jan 31, 2022 | -9.54% |
| Oct 31, 2021 | -9.44% |
High Tide Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=HITI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();