High Tide (HITI) Return on Equity [ROE] (2021 - 2026)
High Tide (HITI) reported Return on Equity [ROE] of -38.39% for fiscal Q2 2026 (quarter ended Apr 30, 2026), down 38.24 percentage points from -0.15% a year earlier but up 3.37 percentage points from the prior quarter.
High Tide (HITI) Return on Equity [ROE] (2021 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), High Tide posted Return on Equity [ROE] of -40.71%, down 38.00 percentage points from FY2024.
- Return on Equity [ROE] has a four-year change of +2.28 percentage points (FY2021 to FY2025).
- By fiscal year, Return on Equity [ROE] came in at -2.72% in FY2024 (+24.27 pp), -26.99% in FY2023 (+17.64 pp), -44.63% in FY2022 (-1.63 pp) and -43.00% in FY2021.
- Five-year quarterly Return on Equity [ROE] spans a low of -41.94% in fiscal Q1 2023 and a high of 3.41% in fiscal Q1 2025.
- Year over year, Return on Equity [ROE] gained in two of the last four quarters, with an average year-over-year change of -11.79 percentage points.
- The high point for year-over-year Return on Equity [ROE] in five years was fiscal Q1 2024 (a gain of 24.34 percentage points); the low point was fiscal Q1 2026 (a drop of 45.18 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.35 Bn | 274.91 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 122.95 Bn | 102.10 Bn | - | - |
| 3 | Altria | 111.79 Bn | 98.00 Bn | 3.82 Bn | - |
| 4 | Curaleaf Holdings | 2.72 Bn | 2.32 Bn | 169.91 Mn | -3.79% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 2.57% |
| 6 | Trulieve Cannabis | 2.09 Bn | 706.80 Mn | 162.29 Mn | -49.72% |
| 7 | Green Thumb Industries | 1.32 Bn | 166.97 Mn | 137.87 Mn | 6.67% |
| 8 | Cronos | 1.19 Bn | -2.04 Bn | 28.45 Mn | 7.07% |
| 9 | Turning Point Brands | 1.11 Bn | 241.91 Mn | 93.70 Mn | 14.21% |
| 10 | High Tide | 232.92 Mn | 131.21 Mn | 34.98 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | -38.39% |
| Jan 31, 2026 | -41.77% |
| Apr 30, 2025 | -0.15% |
| Jan 31, 2025 | 3.41% |
| Apr 30, 2024 | -15.39% |
| Jan 31, 2024 | -17.61% |
| Apr 30, 2023 | -37.28% |
| Jan 31, 2023 | -41.94% |
| Oct 31, 2022 | -38.64% |
| Jul 31, 2022 | -11.60% |
| Apr 30, 2022 | -11.66% |
| Jan 31, 2022 | -15.32% |
| Oct 31, 2021 | -22.95% |
| Jul 31, 2021 | -24.75% |
High Tide Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=HITI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();