Planet 13 Holdings (PLNH) Invested Capital (2021 - 2026)
Planet 13 Holdings (PLNH) posted Invested Capital of $48.55 million for Q2 2026, down 55.3% from $108.56 million a year earlier and down 9.2% from the prior quarter.
Planet 13 Holdings (PLNH) Invested Capital (2021 - 2026) Analysis & Trends
For FY2025, Planet 13 Holdings' Invested Capital came in at $60.88 million, down 49.9% from FY2024.
- Annual Invested Capital shows a four-year compound annual growth rate of -22.8% (FY2021 to FY2025).
- In prior years, Planet 13 Holdings' Invested Capital was $121.4 million in FY2024 (+11.9%), $108.52 million in FY2023 (-39.1%), $178.21 million in FY2022 (+3.9%) and $171.59 million in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Invested Capital in data going back to Q4 2021.
- On a year-over-year basis, Invested Capital has declined in each of the last five quarters, with an average decline of 25.6% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q3 2024, with growth of 32.6%; the weakest was Q3 2025, with a decline of 59.5%.
- According to Business Quant data, Invested Capital for the three prior quarters was $53.48 million (Q1 2026), $60.88 million (Q4 2025) and $65.22 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.35 Bn | 274.91 Bn | 7.66 Bn | 40.53 Bn |
| 2 | British American Tobacco p.l.c | 122.95 Bn | 102.10 Bn | - | 154.98 Bn |
| 3 | Altria | 111.79 Bn | 98.00 Bn | 3.82 Bn | 21.91 Bn |
| 4 | Curaleaf Holdings | 2.72 Bn | 2.32 Bn | 169.91 Mn | 1.48 Bn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 2.32 Bn |
| 6 | Trulieve Cannabis | 2.09 Bn | 706.80 Mn | 162.29 Mn | 859.48 Mn |
| 7 | Green Thumb Industries | 1.32 Bn | 166.97 Mn | 137.87 Mn | 2.14 Bn |
| 8 | Cronos | 1.19 Bn | -2.04 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.11 Bn | 241.91 Mn | 93.70 Mn | 748.17 Mn |
| 10 | Planet 13 Holdings | 40.24 Mn | 5.14 Mn | 12.32 Mn | 48.55 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.55 Mn |
| Mar 31, 2026 | 53.48 Mn |
| Dec 31, 2025 | 60.88 Mn |
| Sep 30, 2025 | 65.22 Mn |
| Jun 30, 2025 | 108.56 Mn |
| Mar 31, 2025 | 119.57 Mn |
| Dec 31, 2024 | 121.40 Mn |
| Sep 30, 2024 | 161.01 Mn |
| Jun 30, 2024 | 168.39 Mn |
| Mar 31, 2024 | 112.62 Mn |
| Dec 31, 2023 | 108.52 Mn |
| Sep 30, 2023 | 121.46 Mn |
| Jun 30, 2023 | 167.11 Mn |
| Mar 31, 2023 | 171.39 Mn |
| Dec 31, 2022 | 178.21 Mn |
| Sep 30, 2022 | 218.28 Mn |
| Jun 30, 2022 | 223.77 Mn |
| Mar 31, 2022 | 228.68 Mn |
| Dec 31, 2021 | 171.59 Mn |
Planet 13 Holdings Invested Capital 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=invested-capital&ticker=PLNH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "PLNH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=PLNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();