Green Thumb Industries Inc. (GTBIF) intrinsic value & 10-year financials
Green Thumb Industries Inc. (GTBIF) has a Graham intrinsic value of $15.94 per share. At $6.11 on Oct 17, 2026, the stock trades 62% below that value. Over the last 9 fiscal years revenue grew 52.1% a year to $1.2B, with an average return on invested capital of 2.4%.
- Graham intrinsic value
- $15.94
- Share price (Oct 17, 2026)
- $6.11
- Price vs Graham value
- 62% below
- Market cap
- $1.4B
- Revenue (FY2025)
- $1.2B
- Revenue growth (9-yr CAGR)
- 52.1%
- ROIC (10-yr avg)
- 2.4%
- Free cash flow (FY2025)
- $213.9M
GTBIF 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.2B | $114.2M | $0.48 | $213.9M | 11.7% | 3.2% |
| FY2024 | $1.1B | $73.1M | $0.30 | $115.0M | 19.7% | 5.3% |
| FY2023 | $1.1B | $36.3M | $0.15 | $4.9M | 17.5% | 4.5% |
| FY2022 | $1.0B | $12.0M | $0.05 | -$20.9M | 11.9% | 3.2% |
| FY2021 | $893.6M | $75.4M | $0.33 | -$55.8M | 24.0% | 7.4% |
| FY2020 | $556.6M | $15.0M | $0.07 | $36.1M | 19.1% | 5.3% |
| FY2019 | $216.4M | -$59.1M | -$0.31 | -$106.6M | -12.8% | -2.9% |
| FY2018 | $62.5M | -$5.2M | -$0.04 | -$45.1M | -42.1% | -6.5% |
| FY2017 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Green Thumb Industries Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Green Thumb Industries Inc. has historically struggled to out-earn its cost of capital, averaging just 3.7% ROIC.
Green Thumb Industries Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Green Thumb Industries Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $15.94 per share.