Green Thumb Industries (GTBIF) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Green Thumb Industries

OTC Markets OTCQX•Healthcare•Drug Manufacturers - Specialty & Generic

$7.25-0.24(-0.03%)Market closed

Market Cap

$1.62B

P/E

12.8x

P/S

1.3x

P/B

0.9x

Green Thumb Industries Inc. manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, tinctures, edibles, topicals, capsules, tinctures, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, RYM, and RHYTHM brands. It distributes its products to third-party licensed retail customers; and sells finished products to third-party licensed retail cannabis stores. Green Thumb Industries Inc. was founded in 2014 and is headquartered in Chicago, Illinois.

How this company scores

GoodMetricSide Score: 75/100

Strongest: Cash & Earnings Quality (25/25); weakest: Profitability (14/25).

Profitability14/25

Growth19/25

Balance Sheet & Red Flags17/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowRising earningsLow leverageCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 12.8x5y range 10.7x – 171.1x

Currently below its 17-quarter median.

P/S · 1.3x5y range 1.1x – 7.5x

Currently below its 20-quarter median.

P/B · 0.9x5y range 0.7x – 4.3x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 38.3% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Price & Volume

Market Cap $1.62B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.21B
Q. Revenue: $306.68M
TTM EBITDA: $268.44M
TTM Op. Income: $116.49M
Q. Op. Income: $19.97M
TTM Net Income: $126.77M
Q. Net Income: $4.88M
EPS: $0.02
Shares Out.: $221.02M

$1.21B in TTM revenue grew 4.8% YoY, reaching $306.68M last quarter. TTM EBITDA of $268.44M and TTM operating income of $116.49M show growth is flowing through to the bottom line. TTM net income of $126.77M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 45.0%
EBITDA Margin: 17.3%
Op. Margin: 6.5%
Net Margin: 1.6%

Op. margin of 6.5% is down 6.9% YoY — costs are rising relative to revenue. Net margin at 1.6% and gross margin of 45.0% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 52% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 12.8x
P/S Ratio: 1.3x
P/B Ratio: 0.9x

At 12.8x P/E, the stock trades below typical market levels. P/S of 1.3x and P/B of 0.9x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 71% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.82B
Cash: N/A
Long-Term Debt: $259.28M
Book Value: $1.86B
D/E Ratio: 0.1
Debt/EBITDA: 4.9

With $2.82B in assets and $259.28M in long-term debt, D/E is 0.1and book value is $1.86B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 7% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $29.01M
TTM Free Cash Flow: $197.77M
FCF Margin: 16.4%
FCF / Net Income: 1.6

TTM FCF of $197.77M on $29.01M in operating cash flow. The FCF / Net Income ratio of 1.6x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 55% — a weakening trend.