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Green Thumb Industries Valuation Multiples
Discover revenue and EBITDA valuation multiples for Green Thumb Industries and similar public comparables like Savers Value Village, Magalu, New Wave Group, Daya Intiguna Yasa and more.
Green Thumb Industries Overview
About Green Thumb Industries
Green Thumb Industries is headquartered in Chicago, Illinois, and produces and sells medicinal and recreational cannabis through wholesale and retail channels in the United States. It has a presence in 14 states and operates more than 100 cannabis stores under the brand Rise. GTI is focusing its expansion on limited license states with large populations, and it does not currently export into the global medical market due to US federal prohibition. It offers multiple products under a portfolio of cannabis consumer packaged goods brands, including &Shine, Beboe, Dogwalkers, Doctor Solomonβs, Good Green, incredibles, and RYTHM.
Founded
2002
HQ

Employees
4.8K
Website
Financials (LTM)
EV
$2B
Green Thumb Industries Financials
Green Thumb Industries reported last 12-month revenue of $1B and EBITDA of $341M.
In the same LTM period, Green Thumb Industries generated $574M in gross profit, $341M in EBITDA, and $96M in net income.
Revenue (LTM)
Green Thumb Industries P&L
In the most recent fiscal year, Green Thumb Industries reported revenue of $1B and EBITDA of $392M.
Green Thumb Industries expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | $574M | XXX | $601M | XXX | XXX | XXX |
| Gross Margin | 49% | XXX | 53% | XXX | XXX | XXX |
| EBITDA | $341M | XXX | $392M | XXX | XXX | XXX |
| EBITDA Margin | 29% | XXX | 35% | XXX | XXX | XXX |
| EBIT Margin | 12% | XXX | 20% | XXX | XXX | XXX |
| Net Profit | $96M | XXX | $73M | XXX | XXX | XXX |
| Net Margin | 8% | XXX | 6% | XXX | XXX | XXX |
| Net Debt | β | β | $83M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Green Thumb Industries Stock Performance
Green Thumb Industries has current market cap of $1B, and enterprise value of $2B.
Market Cap Evolution
Green Thumb Industries' stock price is $6.38.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $1B | 0.0% | XXX | XXX | XXX | $0.32 |
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Start Free TrialGreen Thumb Industries Valuation Multiples
Green Thumb Industries trades at 1.5x EV/Revenue multiple, and 5.2x EV/EBITDA.
EV / Revenue (LTM)
Green Thumb Industries Financial Valuation Multiples
As of March 12, 2026, Green Thumb Industries has market cap of $1B and EV of $2B.
Equity research analysts estimate Green Thumb Industries' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Green Thumb Industries has a P/E ratio of 15.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 1.5x | XXX | 1.6x | XXX | XXX | XXX |
| EV/EBITDA | 5.2x | XXX | 4.5x | XXX | XXX | XXX |
| EV/EBIT | 12.1x | XXX | 7.9x | XXX | XXX | XXX |
| EV/Gross Profit | 3.1x | XXX | 2.9x | XXX | XXX | XXX |
| P/E | 15.4x | XXX | 20.2x | XXX | XXX | XXX |
| EV/FCF | 9.0x | XXX | 15.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Green Thumb Industries Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Green Thumb Industries Margins & Growth Rates
Green Thumb Industries' revenue in the last 12 month grew by 4%.
Green Thumb Industries' revenue per employee in the last FY averaged $0.2M.
Green Thumb Industries' rule of 40 is 33% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Green Thumb Industries' rule of X is 38% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Green Thumb Industries Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 4% | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | 29% | XXX | 35% | XXX | XXX | XXX |
| EBITDA Growth | (1%) | XXX | (12%) | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 33% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 38% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.2M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 29% | XXX | β | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 33% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Green Thumb Industries Public Comps
See public comps and valuation multiples for other Cannabis and Specialty Stores comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Savers Value Village | XXX | XXX | XXX | XXX | XXX | XXX |
| Magalu | XXX | XXX | XXX | XXX | XXX | XXX |
| New Wave Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Daya Intiguna Yasa | XXX | XXX | XXX | XXX | XXX | XXX |
| Pet Valu | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Green Thumb Industries M&A Activity
Green Thumb Industries acquired XXX companies to date.
Last acquisition by Green Thumb Industries was on XXXXXXXX, XXXXX. Green Thumb Industries acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Green Thumb Industries
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialGreen Thumb Industries Investment Activity
Green Thumb Industries invested in XXX companies to date.
Green Thumb Industries made its latest investment on XXXXXXXX, XXXXX. Green Thumb Industries invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Green Thumb Industries
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Green Thumb Industries
| When was Green Thumb Industries founded? | Green Thumb Industries was founded in 2002. |
| Where is Green Thumb Industries headquartered? | Green Thumb Industries is headquartered in United States. |
| How many employees does Green Thumb Industries have? | As of today, Green Thumb Industries has over 4K employees. |
| Is Green Thumb Industries publicly listed? | Yes, Green Thumb Industries is a public company listed on OTC Pink Sheets. |
| What is the stock symbol of Green Thumb Industries? | Green Thumb Industries trades under GTBIF ticker. |
| When did Green Thumb Industries go public? | Green Thumb Industries went public in 1987. |
| Who are competitors of Green Thumb Industries? | Green Thumb Industries main competitors are Savers Value Village, Magalu, New Wave Group, Daya Intiguna Yasa. |
| What is the current market cap of Green Thumb Industries? | Green Thumb Industries' current market cap is $1B. |
| What is the current revenue of Green Thumb Industries? | Green Thumb Industries' last 12 months revenue is $1B. |
| What is the current revenue growth of Green Thumb Industries? | Green Thumb Industries revenue growth (NTM/LTM) is 4%. |
| What is the current EV/Revenue multiple of Green Thumb Industries? | Current revenue multiple of Green Thumb Industries is 1.5x. |
| Is Green Thumb Industries profitable? | Yes, Green Thumb Industries is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Green Thumb Industries? | Green Thumb Industries' last 12 months EBITDA is $341M. |
| What is Green Thumb Industries' EBITDA margin? | Green Thumb Industries' last 12 months EBITDA margin is 29%. |
| What is the current EV/EBITDA multiple of Green Thumb Industries? | Current EBITDA multiple of Green Thumb Industries is 5.2x. |
| What is the current FCF of Green Thumb Industries? | Green Thumb Industries' last 12 months FCF is $197M. |
| What is Green Thumb Industries' FCF margin? | Green Thumb Industries' last 12 months FCF margin is 17%. |
| What is the current EV/FCF multiple of Green Thumb Industries? | Current FCF multiple of Green Thumb Industries is 9.0x. |
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