High Tide (TSXV:HITI) Pretax Margin %: 0.18% (As of Apr. 2026)

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TSXV:HITI High Tide Inc TSXV:HITI
75 GF Score
Price C$2.97
GF Value C$3.71
Valuation Modestly Undervalued
! 5 Warning Signs
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What is High Tide Pretax Margin %?

High Tide TSXV:HITI -0.67% 75 Pretax Margin % is 0.18% as of Apr. 2026. GuruFocus rates TSXV:HITI with a GF Score™ of 75/100 and a GF Value™ of C$3.71 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 662 Healthcare Providers & Services companies, High Tide ranks worse than 73.72% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. High Tide's Pre-Tax Income for the three months ended in Apr. 2026 was C$0.3 Mil. High Tide's Revenue for the three months ended in Apr. 2026 was C$179.3 Mil. Therefore, High Tide's pretax margin for the quarter that ended in Apr. 2026 was 0.18%.

The historical rank and industry rank for High Tide's Pretax Margin % or its related term are showing as below:

TSXV:HITI' s Pretax Margin % Range Over the Past 10 Years
Min: -86.28   Med: -9.96   Max: 5.61
Current: -6.85


TSXV:HITI's Pretax Margin % is ranked worse than
73.72% of 662 companies
in the Healthcare Providers & Services industry
Industry Median: 4.05 vs TSXV:HITI: -6.85

High Tide  (TSXV:HITI) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


High Tide Pretax Margin % Related Terms


High Tide Pretax Margin % Historical Data

* Premium members only.

The historical data trend for High Tide's Pretax 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.

High Tide Pretax Margin % Chart

High Tide Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only -19.75 -20.67 -9.96 -0.84 -8.66

High Tide Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Pretax 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 -2.02 0.60 -28.59 -0.17 0.18

High Tide Pretax Margin % Competitor Comparison

For the Pharmaceutical Retailers subindustry, High Tide's Pretax Margin %, along with its competitors' market caps and Pretax 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.


High Tide Pretax Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, High Tide's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where High Tide's Pretax Margin % falls into.


TSXV:HITI
75GF Score
High Tide Inc TSXV:HITI
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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High Tide Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

High Tide's Pretax Margin for the fiscal year that ended in Oct. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2025 )/Revenue (A: Oct. 2025 )
=-51.429/593.986
=-8.66 %

High Tide's Pretax Margin for the quarter that ended in Apr. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=0.319/179.296
=0.18 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 0.18% mean?
High Tide (TSXV:HITI) has a Pretax Margin % of 0.18% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on High Tide and its competitors. According to the industry distribution chart, High Tide ranks #488 out of 662 companies in the Healthcare Providers & Services industry, placing it in the top 73.7%.
Is High Tide's Pretax Margin % too high?
High Tide's current Pretax Margin % is 0.18%. The Healthcare Providers & Services industry median Pretax Margin % is 4.05. High Tide's value of 0.18% is 95.6% below this industry median. Based on the distribution chart, High Tide ranks #488 out of 662 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, High Tide has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Tide's Pretax Margin % compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, High Tide ranks #488 out of 662 companies for Pretax Margin %. This places High Tide in the lower half of its industry. The industry median Pretax Margin % is 4.05. High Tide's value of 0.18% is 95.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Healthcare Providers & Services company?
The median Pretax Margin % among Healthcare Providers & Services companies is 4.05, based on 662 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. High Tide's current Pretax Margin % of 0.18% is 95.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on High Tide and its competitors. For the Healthcare Providers & Services industry, the median Pretax Margin % is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Tide's current Pretax Margin % is 0.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Tide stock overvalued right now?
Based on GuruFocus' analysis, High Tide (TSXV:HITI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$3.71, compared to a current price of C$2.97 — trading 19.9% below its estimated fair value. The current Pretax Margin % is 0.18% and 95.6% below the Healthcare Providers & Services industry median of 4.05. High Tide's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For High Tide (TSXV:HITI), the current Pretax Margin % is 0.18% as of Apr. 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 High Tide (TSXV:HITI) Overvalued in 2026?

Based on GuruFocus' analysis, High Tide stock appears to be undervalued. The current stock price of C$2.97 is trading 19.9% below its estimated GF Value™ of C$3.71. GuruFocus considers High Tide to be Modestly Undervalued.

Key valuation signals for TSXV:HITI:

  • Pretax Margin %: 0.18%
  • GF Value™: C$3.71 vs. price of C$2.97 (19.9% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 95.6% below the Healthcare Providers & Services median (#488 of 662)

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


High Tide Business Description

Other Exchanges HITI:USA2LYA:Germany
Address 11127 - 15 Street NE, Unit 112, Calgary, AB, CAN, T3K 2M4
High Tide Inc is a downstream-focused retailer of cannabis products, distributor, and seller of smoking accessories and cannabis lifestyle products. It is a vertically integrated company in the Canadian cannabis market with various brands in its portfolio such as Canna Cabana, Fastendr, Queen of Bud, Grasscity, Daily High Club, and others. The company's reportable operating segments are: Bricks and mortar, which generates maximum revenue, and E-commerce. Geographically, it derives maximum revenue from its business in Canada, followed by the United States of America, and other international markets.
75GF Score

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

C$2.97
Price
C$3.71
GF Value