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High Tide Inc
XTSX:HITI

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High Tide Inc
XTSX:HITI
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Price: 3.13 CAD -0.32%
Updated: May 15, 2024

Gross Margin
High Tide Inc

27.2%
Current
31%
Average
49%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
27.2%
=
Gross Profit
167.3m
/
Revenue
615.7m

Gross Margin Across Competitors

Country Company Market Cap Gross
Margin
CA
High Tide Inc
XTSX:HITI
246.7m CAD
27%
JP
Nichi-Iko Pharmaceutical Co Ltd
TSE:4541
776 550.9T JPY
-3%
US
Eli Lilly and Co
NYSE:LLY
737.3B USD
80%
DK
Novo Nordisk A/S
CSE:NOVO B
4.1T DKK
85%
UK
Dechra Pharmaceuticals PLC
LSE:DPH
440.4B GBP
56%
US
Johnson & Johnson
NYSE:JNJ
364.3B USD
70%
US
Merck & Co Inc
NYSE:MRK
329.3B USD
75%
UK
AstraZeneca PLC
LSE:AZN
189.6B GBP
82%
CH
Novartis AG
SIX:NOVN
182.6B CHF
74%
CH
Roche Holding AG
SIX:ROG
181.5B CHF
73%
US
Pfizer Inc
NYSE:PFE
161.6B USD
70%
Country CA
Market Cap 246.7m CAD
Gross Margin
27%
Country JP
Market Cap 776 550.9T JPY
Gross Margin
-3%
Country US
Market Cap 737.3B USD
Gross Margin
80%
Country DK
Market Cap 4.1T DKK
Gross Margin
85%
Country UK
Market Cap 440.4B GBP
Gross Margin
56%
Country US
Market Cap 364.3B USD
Gross Margin
70%
Country US
Market Cap 329.3B USD
Gross Margin
75%
Country UK
Market Cap 189.6B GBP
Gross Margin
82%
Country CH
Market Cap 182.6B CHF
Gross Margin
74%
Country CH
Market Cap 181.5B CHF
Gross Margin
73%
Country US
Market Cap 161.6B USD
Gross Margin
70%

Profitability Report

View the profitability report to see the full profitability analysis for High Tide Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
27.2%
=
Gross Profit
167.3m
/
Revenue
615.7m
What is the Gross Margin of High Tide Inc?

Based on High Tide Inc's most recent financial statements, the company has Gross Margin of 27.2%.