High Tide Inc
NASDAQ:HITI
Net Margin
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Peer Comparison
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| CA |
|
High Tide Inc
XTSX:HITI
|
301.8m CAD |
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|
| US |
|
Eli Lilly and Co
NYSE:LLY
|
987.9B USD |
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|
|
| US |
|
Johnson & Johnson
NYSE:JNJ
|
596.5B USD |
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|
|
| CH |
|
Roche Holding AG
SIX:ROG
|
293B CHF |
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|
|
| CH |
|
Novartis AG
SIX:NOVN
|
249.7B CHF |
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|
|
| UK |
|
AstraZeneca PLC
LSE:AZN
|
240.5B GBP |
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|
|
| US |
|
Merck & Co Inc
NYSE:MRK
|
307.4B USD |
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|
|
| IE |
E
|
Endo International PLC
LSE:0Y5F
|
218B USD |
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|
| DK |
|
Novo Nordisk A/S
CSE:NOVO B
|
1.1T DKK |
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|
|
| US |
|
Pfizer Inc
NYSE:PFE
|
156.9B USD |
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|
| US |
|
Bristol-Myers Squibb Co
NYSE:BMY
|
125.6B USD |
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Market Distribution
| Min | -9 940 586.9% |
| 30th Percentile | -85.9% |
| Median | -7.8% |
| 70th Percentile | 5.5% |
| Max | 60 777.6% |
Other Profitability Ratios
High Tide Inc
Glance View
High Tide, Inc. engages in the manufacture and retail of cannabis smoking accessories and lifestyle products. The company is headquartered in Calgary, Alberta. The company went IPO on 2018-12-17. The firm operates as a retailer of recreational cannabis with approximately 110 locations across Ontario, Alberta, Manitoba and Saskatchewan. The firm is also a cannabis discount club retailer, featuring Canna Cabana, Meta Cannabis Co., and Meta Cannabis Supply Co. banners, with additional locations under development across the country. High Tide serves consumers through its established e-commerce platforms, including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com, and in the hemp-derived Cannabidiol (CBD) space through Nuleafnaturals.com, FABCBD.com, and BlessedCBD.co.uk, as well as its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. The firm's brands also include Bud Room, a retail cannabis store located in Ottawa, Ontario.
See Also
Net Margin is calculated by dividing the Net Income by the Revenue.
The current Net Margin for High Tide Inc is -8.5%, which is below its 3-year median of -6.7%.
Over the last 3 years, High Tide Inc’s Net Margin has increased from -20.1% to -8.5%. During this period, it reached a low of -20.1% on Oct 31, 2022 and a high of -0.8% on Oct 31, 2024.
