Glass House Brands Inc
OTC:GLASF

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Glass House Brands Inc Logo
Glass House Brands Inc
OTC:GLASF
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Price: 7.61 USD 0.79% Market Closed
Market Cap: $466.7m

Gross Margin

48.8%
Current
Improving
by 2.4%
vs 3-y average of 46.4%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
48.8%
=
Gross Profit
$108.2m
/
Revenue
$221.5m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
48.8%
=
Gross Profit
$108.2m
/
Revenue
$221.5m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Glass House Brands Inc
OTC:GLASF
466.7m USD
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US
Kenvue Inc
NYSE:KVUE
35.8B USD
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BR
Natura &Co Holding SA
OTC:NTCOY
7.7B USD
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KR
APR Co Ltd
KRX:278470
10.8T KRW
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CN
Mao Geping Cosmetics Co Ltd
HKEX:1318
42.6B HKD
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KY
Herbalife Ltd
XMUN:HOO
5.1B EUR
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IL
Oddity Tech Ltd
NASDAQ:ODD
1.7B USD
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KR
d'Alba Global Co Ltd
KRX:483650
2.1T KRW
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CN
Runben Biotechnology Co Ltd
SSE:603193
9.4B CNY
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IN
Honasa Consumer Ltd
NSE:HONASA
98.6B INR
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CN
Dencare Chongqing Oral Care Co Ltd
SZSE:001328
7.2B CNY
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Market Distribution

In line with most companies in the United States of America
Percentile
57th
Based on 12 729 companies
57th percentile
48.8%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Glass House Brands Inc
Glance View

Market Cap
466.7m USD
Industry
Consumer products

Glass House Brands, Inc. operates as a vertically integrated cannabis brand-building business. The company is headquartered in Long Beach, California and currently employs 362 full-time employees. The company went IPO on 2021-07-26. The Company, through its subsidiaries, cultivates, manufactures, and distributes cannabis bulk flower and trim to wholesalers and cannabis-related consumer packaged goods (CPG) to third-party retail stores in the state of California. The firm also owns and operates retail cannabis stores in the state of California. The firm operates multiple greenhouse cultivation facilities located in Carpinteria and Camarillo, California, and its manufacturing production facility is located in Lompoc, California. Its portfolio of brands includes Glass House Farms, PLUS Products, Allswell and Mama Sue Wellness. PLUS Products include PLUS Classic Gummies, Sleep +CBN, +Functional Gummies, and Solventless Hash Gummies. Its retail landscape consists of 10 stores positioned across California, including the pottery, farmacy, and natural healing center (NHC).

GLASF Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
48.8%
=
Gross Profit
$108.2m
/
Revenue
$221.5m
What is Glass House Brands Inc's current Gross Margin?

The current Gross Margin for Glass House Brands Inc is 48.8%, which is above its 3-year median of 46.4%.

How has Gross Margin changed over time?

Over the last 3 years, Glass House Brands Inc’s Gross Margin has increased from 6.9% to 48.8%. During this period, it reached a low of 6.9% on Jun 30, 2022 and a high of 50.4% on Mar 31, 2024.

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