High Tide (HITI) Return on Equity [ROE] (2021 - 2026)
High Tide (HITI) reported Return on Equity [ROE] of -29.93% for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 22.70 percentage points from -7.23% a year earlier but up 14.68 percentage points from the prior quarter.
Powered by 
Analysis
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 -44.32%, down 41.50 percentage points from FY2024.
- Return on Equity [ROE] has a four-year change of -2.08 percentage points (FY2021 to FY2025).
- By fiscal year, Return on Equity [ROE] came in at -2.83% in FY2024 (+25.53 pp), -28.36% in FY2023 (+17.13 pp), -45.49% in FY2022 (-3.24 pp) and -42.24% in FY2021.
- Five-year quarterly Return on Equity [ROE] spans a low of -51.98% in fiscal Q1 2026 and a high of -1.77% in fiscal Q4 2024.
- Year over year, Return on Equity [ROE] has now declined in each of the last four quarters, with an average year-over-year change of -9.15 percentage points over the last eight quarters.
- The high point for year-over-year Return on Equity [ROE] in five years was fiscal Q4 2024 (a gain of 25.36 percentage points); the low point was fiscal Q1 2026 (a drop of 48.29 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at -44.61% (Q2 2026), -51.98% (Q1 2026) and -45.14% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 310.95 Bn | 289.94 Bn | 7.85 Bn | - |
| 2 | British American Tobacco p.l.c | 137.57 Bn | 114.22 Bn | - | - |
| 3 | Altria | 124.10 Bn | 110.30 Bn | 3.82 Bn | - |
| 4 | RLX Technology | 2.51 Bn | -1.24 Bn | 52.74 Mn | 6.29% |
| 5 | Verano Holdings | 2.17 Bn | 1.84 Bn | 99.70 Mn | -37.92% |
| 6 | Curaleaf Holdings | 2.09 Bn | 1.70 Bn | 169.91 Mn | -3.79% |
| 7 | Trulieve Cannabis | 2.00 Bn | 614.45 Mn | 162.29 Mn | -49.72% |
| 8 | Turning Point Brands | 1.28 Bn | 415.13 Mn | 93.70 Mn | 14.21% |
| 9 | Cronos | 1.24 Bn | -1.98 Bn | 28.45 Mn | 7.07% |
| 10 | High Tide | 225.94 Mn | 127.18 Mn | 37.83 Mn | -29.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -29.93% |
| Apr 30, 2026 | -44.61% |
| Jan 31, 2026 | -51.98% |
| Oct 31, 2025 | -45.14% |
| Jul 31, 2025 | -7.23% |
| Apr 30, 2025 | -7.36% |
| Jan 31, 2025 | -3.69% |
| Oct 31, 2024 | -1.77% |
| Jul 31, 2024 | -20.69% |
| Apr 30, 2024 | -23.89% |
| Jan 31, 2024 | -26.71% |
| Oct 31, 2023 | -27.14% |
| Jul 31, 2023 | -37.48% |
| Apr 30, 2023 | -37.23% |
| Jan 31, 2023 | -42.29% |
| Oct 31, 2022 | -38.95% |
| Jul 31, 2022 | -11.64% |
| Apr 30, 2022 | -11.77% |
| Jan 31, 2022 | -15.26% |
| Oct 31, 2021 | -22.89% |
API Access
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_KEYimport 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();