High Tide (HITI) Return on Capital Employed [ROCE] (2021 - 2026)
High Tide (HITI) recorded Return on Capital Employed [ROCE] of -3.76% in fiscal Q2 2026 (quarter ended Apr 30, 2026), down 3.82 percentage points from 0.06% a year earlier but up 2.14 percentage points from the prior quarter.
Powered by 
Analysis
High Tide (HITI) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), High Tide reported Return on Capital Employed [ROCE] of -7.18%, down 9.97 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a four-year change of +9.06 percentage points (FY2021 to FY2025).
- Across earlier fiscal years, Return on Capital Employed [ROCE] came in at 2.79% in FY2024 (+23.24 pp), -20.45% in FY2023 (+15.11 pp), -35.56% in FY2022 (-19.32 pp) and -16.24% in FY2021.
- Quarterly Return on Capital Employed [ROCE] has ranged from -33.26% in fiscal Q1 2023 to 0.63% in fiscal Q1 2025 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] rose in two of the last four quarters, with an average year-over-year change of +3.55 percentage points.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 21.87 percentage points in fiscal Q2 2024, against a drop of 25.08 percentage points in fiscal Q4 2022 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 38.19% |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 41.87% |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | 0.77% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 3.58% |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | -11.88% |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 4.47% |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | -0.22% |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 10.34% |
| 10 | High Tide | 229.43 Mn | 127.72 Mn | 34.98 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | -3.76% |
| Jan 31, 2026 | -5.90% |
| Apr 30, 2025 | 0.06% |
| Jan 31, 2025 | 0.63% |
| Apr 30, 2024 | -9.02% |
| Jan 31, 2024 | -14.83% |
| Apr 30, 2023 | -30.89% |
| Jan 31, 2023 | -33.26% |
| Oct 31, 2022 | -30.82% |
| Jul 31, 2022 | -9.19% |
| Apr 30, 2022 | -10.60% |
| Jan 31, 2022 | -10.25% |
| Oct 31, 2021 | -5.73% |
API Access
High Tide Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=HITI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();