GLASF (Glass House Brands) Operating Margin %: -32.64% (As of Mar. 2026)


GLASF Glass House Brands Inc GLASF
44 GF Score
Price $12.38
GF Value $6.15
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Glass House Brands Operating Margin %?

Glass House Brands GLASF -2.83% 44 Operating Margin % is -32.64% as of Mar. 2026. GuruFocus rates GLASF with a GF Score™ of 44/100 and a GF Value™ of $6.15 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 955 Drug Manufacturers companies, Glass House Brands ranks worse than 82.09% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Glass House Brands's Operating Income for the three months ended in Mar. 2026 was $-12.7 Mil. Glass House Brands's Revenue for the three months ended in Mar. 2026 was $38.9 Mil. Therefore, Glass House Brands's Operating Margin % for the quarter that ended in Mar. 2026 was -32.64%.

The historical rank and industry rank for Glass House Brands's Operating Margin % or its related term are showing as below:

GLASF' s Operating Margin % Range Over the Past 10 Years
Min: -59.55   Med: -10.24   Max: 5.99
Current: -14.83


GLASF's Operating Margin % is ranked worse than
82.09% of 955 companies
in the Drug Manufacturers industry
Industry Median: 7.45 vs GLASF: -14.83

Glass House Brands's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Glass House Brands's Operating Income for the three months ended in Mar. 2026 was $-12.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-26.1 Mil.


Glass House Brands  (OTCPK:GLASF) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Glass House Brands Operating Margin % Related Terms


Glass House Brands Operating Margin % Historical Data

* Premium members only.

The historical data trend for Glass House Brands's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Glass House Brands Operating Margin % Chart

Glass House Brands Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial -55.95 -59.55 2.04 5.99 -8.04

Glass House Brands Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.70 17.77 -29.60 -32.64 -32.64

GLASF vs ZTS: Operating Margin % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Glass House Brands's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Glass House Brands Operating Margin % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Glass House Brands's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Glass House Brands's Operating Margin % falls into.


GLASF
44GF Score
Glass House Brands Inc GLASF
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Glass House Brands Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Glass House Brands's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-14.633 / 181.984
=-8.04 %

Glass House Brands's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-12.684 / 38.855
=-32.64 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -32.64% mean?
Glass House Brands (GLASF) has a Operating Margin % of -32.64% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Glass House Brands and its competitors. According to the industry distribution chart, Glass House Brands ranks #784 out of 955 companies in the Drug Manufacturers industry, placing it in the top 82.1%.
Is Glass House Brands' Operating Margin % too high?
Glass House Brands' current Operating Margin % is -32.64%. Based on the distribution chart, Glass House Brands ranks #784 out of 955 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Glass House Brands has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Glass House Brands' Operating Margin % compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Glass House Brands ranks #784 out of 955 companies for Operating Margin %. This places Glass House Brands in the lower half of its industry. The industry median Operating Margin % is 7.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Drug Manufacturers company?
The median Operating Margin % among Drug Manufacturers companies is 7.45, based on 955 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Glass House Brands and its competitors. For the Drug Manufacturers industry, the median Operating Margin % is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glass House Brands's current Operating Margin % is -32.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glass House Brands stock overvalued right now?
Based on GuruFocus' analysis, Glass House Brands (GLASF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.15, compared to a current price of $12.38 — trading 101.3% above its estimated fair value. The current Operating Margin % is -32.64%. Glass House Brands' overall GF Score™ is 44/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Glass House Brands (GLASF), the current Operating Margin % is -32.64% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Glass House Brands (GLASF) Overvalued in 2026?

Based on GuruFocus' analysis, Glass House Brands stock appears to be overvalued. The current stock price of $12.38 is trading 101.3% above its estimated GF Value™ of $6.15. GuruFocus considers Glass House Brands to be Significantly Overvalued.

Key valuation signals for GLASF:

  • Operating Margin %: -32.64%
  • GF Value™: $6.15 vs. price of $12.38 (101.3% above fair value)
  • GF Score™: 44/100 with 7 warning signs

No single metric tells the full story. See the GLASF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Glass House Brands Business Description

Other Exchanges 4KF0:GermanyGLAS.A.U:Canada
Address 3645 Long Beach Boulevard, Long Beach, CA, USA, 90807
Glass House Brands Inc is an integrated cannabis company that operates exclusively in the state of California. Its portfolio of brands includes Glass House Farms, Forbidden Flowers, and Mama Sue Wellness. It cultivates, manufactures, and distributes cannabis bulk flower and trim to wholesalers and consumer packaged goods to third-party retail stores. It also owns and operates retail cannabis stores in the state of California. It has three reportable segments: Retail, Wholesale Biomass, and Cannabis-related consumer packaged goods. It generates the majority of its revenue from the Wholesale Biomass segment.
44GF Score

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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.38
Price
$6.15
GF Value