NASDAQ · Medical - Pharmaceuticals

High Tide Inc. (HITI) Stock

$2.59 -2.45% NASDAQ: HITI Healthcare

Valuation

MetricValue
Price$2.59
Market Cap$230.88M
P/E Ratio-9.88
P/B Ratio3.13
P/S Ratio0.46
EPS (TTM)$-0.62
52-Week High$3.80
52-Week Low$2.02
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE-36.06%
ROA-9.03%
ROCE10.65%
Gross Margin-2.36%
Operating Margin-2.36%
Net Margin-4.63%
Debt/Equity1.17
Current Ratio1.37

Annual Financials (USD)

Metric20212022202320242025
Revenue$181.0M$357.0M$488.0M$522.0M$594.0M
Operating Profit$-19.0M$-72.0M$-41.0M$5.0M$-14.0M
Net Profit$-34.0M$-72.0M$-39.0M$-4.0M$-51.0M
EPS$-0.83$-1.13$-0.53$-0.05$-0.62
Op Margin-10.3%-20.3%-8.5%1.0%-2.4%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$246.0M$275.0M$233.0M$343.0M$349.0M
Total Liabilities$94.0M$113.0M$100.0M$140.0M$246.0M
Cash$14.0M$25.0M$30.0M$66.0M$48.0M
Borrowings$55.0M$70.0M$73.0M$104.0M$149.0M

Latest News

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Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$-3.0M$4.0M$21.0M$36.0M$24.0M
Investing Cash Flow$-39.0M$-18.0M$-12.0M$-21.0M$-33.0M
Financing Cash Flow$9.0M$-1.0M$0$0$0
Net Cash Flow$6.0M$11.0M$5.0M$17.0M$1.0M
Free Cash Flow$-14.0M$-5.0M$15.0M$26.0M$13.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.02
EV / EBITDA96.45
FCF Yield4.79%
Quick Ratio0.81
Interest Coverage1.57
Return 1Y-10.00%
Return 3Y68.75%
Return 5Y-66.41%

About High Tide Inc.

High Tide Inc. is led by CEO Harkirat Grover, employs 1,750 people, headquartered in CA, publicly traded since 2021.

High Tide Inc. (HITI) stock trades at $2.59 with a market capitalization of $230.88M. The stock is valued at a negative price-to-earnings (P/E) ratio of -9.88, reflecting a net loss over the last twelve months, price-to-book of 3.13, price-to-sales of 0.46. Over the past 52 weeks the stock has ranged between $2.02 and $3.80, and currently trades 31.8% below its 52-week high.

On profitability, High Tide Inc. generates a return on equity (ROE) of -36.06% (negative, reflecting a net loss), return on capital employed of 10.65%, an operating margin of -2.36%, a net profit margin of -4.63%.

High Tide Inc. by the numbers, 2016–2025

Between 2016 and 2025 High Tide Inc. reported revenue of $8.0M rising to $594.0M, a change of +7325.0% across 10 years. Compounded, revenue has grown 48.2% a year over five years, 18.5% over three, 13.8% over the last twelve months. Net profit fell to $-51.0M.

Operating margin went from 20.3% in 2016 to -2.4% in 2025, a fall of 22.8 percentage points. The most recent net margin is -4.63%. On a trailing twelve-month basis to Jun '26, revenue is $723.0M and net profit $-34.0M.

Borrowings rose from $19.0M to $149.0M, cash from operations was $24.0M in the latest year, positive in 6 of the last 10.

Return on equity has averaged -31.8% over five years, and was -58.0% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

High Tide Inc. (HITI) — frequently asked questions

What is High Tide Inc. (HITI) stock price today?

High Tide Inc. (HITI) is currently trading at $2.59, down 2.45% today.

What is HITI P/E ratio?

High Tide Inc.'s P/E ratio is -9.88. A negative P/E means the company reported a net loss over the last twelve months, so P/E is not a meaningful valuation measure for it right now.

What is HITI return on equity (ROE)?

High Tide Inc.'s return on equity (ROE) is -36.06%. ROE measures net income relative to shareholders' equity. A negative ROE means the company reported a net loss over the period.

What is High Tide Inc.'s market cap?

High Tide Inc. has a market capitalization of $230.88M.

Does HITI pay a dividend?

High Tide Inc. is not currently showing a dividend yield in our data, which means no recent cash dividend was recorded for it.

How much debt does HITI carry?

High Tide Inc. has a debt-to-equity ratio of 1.17. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is HITI's profit margin?

High Tide Inc. reports a net profit margin of -4.63% — the share of revenue left after every cost, including tax and interest.

What sector is HITI in?

High Tide Inc. is classified under Healthcare, in the Medical - Pharmaceuticals industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is HITI listed on?

High Tide Inc. trades on NASDAQ under the ticker HITI.

What is HITI's 52-week range?

Over the last year High Tide Inc. has traded between $2.02 and $3.80.

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Screens HITI currently matches

On the figures above, High Tide Inc. passes the filters for 4 of our ready-made screens, among them Penny Stocks, Stocks Under $5, Stocks Under $10. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

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