Green Thumb Industries reported a gross margin of 44.96% and a net margin of 1.12% for the quarter ended Jun 2026. These financial ratios cover 30 quarters of results from Mar 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||||||
| Gross Margin | 55.43% | 52.81% | 50.68% | 49.47% | 50.25% | 47.82% | 50.18% | 49.64% | 48.59% | 51.28% | 52.55% | 53.73% | 51.45% | 53.71% | 51.25% | 49.87% | 49.43% | 45.43% | 47.85% | 44.96% | ||||||||||
| EBT Margin | 25.21% | 20.71% | 25.07% | 24.80% | 16.51% | -22.59% | 17.32% | 15.63% | 16.46% | 10.14% | 23.02% | 18.85% | 13.84% | 14.99% | 14.21% | 7.61% | 25.03% | 41.27% | 21.03% | 5.20% | ||||||||||
| EBIT Margin | 24.85% | 22.33% | 22.49% | 24.48% | 18.67% | -17.17% | 17.78% | 16.27% | 17.80% | 18.09% | 25.62% | 19.28% | 14.86% | 19.40% | 15.20% | 13.45% | 12.61% | 6.12% | 13.57% | 6.51% | ||||||||||
| EBITDA Margin | 24.85% | 22.33% | 22.49% | 24.48% | 18.67% | -17.17% | 17.78% | 16.27% | 17.80% | 18.09% | 25.62% | 19.28% | 14.86% | 19.40% | 15.20% | 13.45% | 12.61% | 6.12% | 13.57% | 6.51% | ||||||||||
| Operating Margin | 24.85% | 22.33% | 22.49% | 24.48% | 18.67% | -17.17% | 17.78% | 16.27% | 17.80% | 18.09% | 25.62% | 19.28% | 14.86% | 19.40% | 15.20% | 13.45% | 12.61% | 6.12% | 13.57% | 6.51% | ||||||||||
| Net Margin | 9.24% | 6.78% | 12.24% | 9.72% | 3.89% | -38.18% | 3.78% | 5.42% | 3.92% | -3.93% | 11.37% | 7.47% | 3.06% | 2.29% | 3.01% | 0.25% | 8.17% | 26.72% | 5.01% | 1.12% | ||||||||||
| FCF Margin | -16.49% | -8.79% | -0.60% | -11.70% | -0.17% | 4.13% | 3.90% | -18.25% | 2.41% | 12.46% | 25.13% | -0.04% | 10.33% | 5.48% | 15.88% | 12.77% | 19.42% | 24.25% | 18.97% | 2.87% | ||||||||||
| Efficiency | ||||||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 87.35M | 94.23M | 102.59M | 116.47M | 122.58M | 118.80M | 118.37M | 122.92M | 121.66M | 115.76M | 116.13M | 124.91M | 134.41M | 142.72M | 151.25M | 153.54M | 154.13M | 157.41M | 164.16M | 175.51M | ||||||||||
| Assets AverageAssets Avg. | 1,971.53M | 2,268.14M | 2,391.49M | 2,416.76M | 2,446.14M | 2,444.70M | 2,463.35M | 2,503.00M | 2,506.02M | 2,494.63M | 2,522.44M | 2,547.69M | 2,527.71M | 2,525.94M | 2,553.05M | 2,558.65M | 2,593.70M | 2,714.62M | 2,810.83M | 2,823.51M | ||||||||||
| Invested CapitalInvested Cap. | 1,719.80M | 1,909.70M | 1,919.79M | 1,952.43M | 1,974.46M | 1,952.50M | 1,970.37M | 1,995.72M | 2,005.44M | 2,011.78M | 2,057.07M | 2,063.70M | 2,039.70M | 2,056.10M | 2,058.78M | 2,065.23M | 2,099.62M | 2,174.03M | 2,186.97M | 2,167.51M | ||||||||||
| Asset Utilization RatioAsset Util. | 0.42 | 0.39 | 0.39 | 0.40 | 0.41 | 0.42 | 0.42 | 0.41 | 0.41 | 0.42 | 0.43 | 0.44 | 0.44 | 0.45 | 0.45 | 0.45 | 0.45 | 0.43 | 0.43 | 0.43 | ||||||||||
| Leverage & Solvency | ||||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | 7.62 | 9.79 | 8.99 | 11.53 | 10.50 | -8.75 | 11.58 | 14.31 | 10.57 | 6.50 | 9.41 | 9.03 | 8.05 | 10.43 | 8.73 | 7.03 | 7.03 | 3.90 | 7.89 | 3.10 | ||||||||||
| Debt Ratio | 0.13 | 0.12 | 0.11 | 0.11 | 0.11 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.11 | 0.10 | 0.10 | 0.10 | 0.09 | 0.10 | 0.11 | ||||||||||
| Times Interest Earned | 7.62 | 9.79 | 8.99 | 11.53 | 10.50 | -8.75 | 11.58 | 14.31 | 10.57 | 6.50 | 9.41 | 9.03 | 8.05 | 10.43 | 8.73 | 7.03 | 7.03 | 3.90 | 7.89 | 3.10 | ||||||||||
| Valuation | ||||||||||||||||||||||||||||||
| Price to EarningsP/E | 250.07 | 270.83 | 127.76 | 65.90 | 190.90 | -18.07 | 169.65 | 116.32 | 216.13 | -216.86 | 98.04 | 121.02 | 250.51 | 255.39 | 146.65 | 0.00M | 69.59 | 19.99 | 85.65 | 450.43 | ||||||||||
| Price to SalesP/S | 23.10 | 18.36 | 15.63 | 6.41 | 7.42 | 6.90 | 6.42 | 6.31 | 8.48 | 8.52 | 11.14 | 9.04 | 7.67 | 5.86 | 4.41 | 3.89 | 5.68 | 5.34 | 4.29 | 5.03 | ||||||||||
| Price to BookP/B | 3.74 | 2.76 | 2.29 | 0.97 | 1.14 | 1.07 | 0.95 | 0.93 | 1.37 | 1.39 | 1.76 | 1.44 | 1.24 | 0.96 | 0.68 | 0.63 | 0.90 | 0.87 | 0.68 | 0.83 | ||||||||||
| Enterprise Value | 5,112.14M | 4,239.13M | 3,618.22M | 1,484.90M | 1,790.31M | 1,611.24M | 1,410.54M | 1,443.91M | 2,199.39M | 2,208.20M | 2,849.66M | 2,335.39M | 2,026.01M | 1,553.03M | 1,020.58M | 970.65M | 1,427.39M | 1,381.23M | 946.67M | 1,262.20M | ||||||||||
| EV to EBIT | 88.04 | 77.95 | 66.33 | 23.85 | 36.72 | -36.20 | 31.91 | 35.16 | 44.86 | 43.87 | 40.32 | 43.23 | 47.53 | 27.19 | 24.02 | 24.62 | 38.85 | 72.53 | 23.24 | 63.21 | ||||||||||
| EV to EBITDA | 88.04 | 77.95 | 66.33 | 23.85 | 36.72 | -36.20 | 31.91 | 35.16 | 44.86 | 43.87 | 40.32 | 43.23 | 47.53 | 27.19 | 24.02 | 24.62 | 38.85 | 72.53 | 23.24 | 63.21 | ||||||||||
| Market Capitalization | 5,398.04M | 4,471.19M | 3,792.60M | 1,629.86M | 1,937.28M | 1,788.40M | 1,595.55M | 1,592.40M | 2,335.67M | 2,369.45M | 3,073.47M | 2,531.44M | 2,199.76M | 1,724.92M | 1,231.97M | 1,141.37M | 1,656.28M | 1,661.30M | 1,288.84M | 1,543.62M | ||||||||||
| Price to FCFP/FCF | -140.09 | -208.85 | -0.00M | -54.76 | -0.00M | 166.92 | 164.46 | -34.57 | 351.65 | 68.37 | 44.34 | -0.03M | 74.21 | 106.86 | 27.76 | 30.48 | 29.28 | 22.02 | 22.63 | 175.61 | ||||||||||
| EV to FCF | -132.67 | -198.01 | -0.00M | -49.89 | -0.00M | 150.39 | 145.39 | -31.34 | 331.13 | 63.72 | 41.11 | -0.02M | 68.35 | 96.21 | 23.00 | 25.92 | 25.23 | 18.30 | 16.62 | 143.60 | ||||||||||
| EV to CFO | 148.31 | 86.02 | 65.34 | -96.04 | 37.06 | 22.91 | 18.88 | 78.83 | 36.15 | 31.06 | 33.92 | 115.89 | 42.50 | 35.84 | 13.75 | 17.20 | 19.26 | 15.32 | 12.49 | 43.51 | ||||||||||
| Return Ratios | ||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 24.85% | 22.33% | 22.49% | 24.48% | 18.67% | -17.17% | 17.78% | 16.27% | 17.80% | 18.09% | 25.62% | 19.28% | 14.86% | 19.40% | 15.20% | 13.45% | 12.61% | 6.12% | 13.57% | 6.51% | ||||||||||
| Return on Capital Employed [ROCE]ROCE | 11.50% | 10.41% | 9.85% | 10.03% | 9.49% | 5.27% | 4.86% | 3.85% | 3.81% | 7.80% | 8.99% | 10.29% | 9.20% | 9.51% | 8.29% | 7.63% | 7.47% | 5.43% | 5.20% | 4.47% | ||||||||||
| Return on Invested Capital [ROIC]ROIC | 5.14% | 4.21% | 4.64% | 4.70% | 4.18% | -1.96% | -3.41% | -4.43% | -4.22% | 1.35% | 2.64% | 2.99% | 2.89% | 3.71% | 2.43% | 1.49% | 1.87% | 2.84% | 2.67% | 2.39% | ||||||||||
| Return on Assets [ROA]ROA | 4.07% | 3.21% | 3.81% | 3.83% | 3.31% | -1.41% | -2.22% | -2.63% | -2.60% | 0.92% | 1.78% | 2.05% | 1.98% | 2.68% | 1.76% | 0.96% | 1.53% | 4.28% | 4.37% | 4.44% |