GTBIF vs VFF
Green Thumb Industries Inc. and Village Farms International, Inc., side by side — 8 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | GTBIF | VFF |
|---|---|---|
| Revenue | $1.2B | $215.9M |
| Net income | $114.2M | $32.4M |
| Gross margin | 48.9% | 40.6% |
| Net margin | 9.7% | 14.9% |
| Return on equity | 6.2% | 11.7% |
| Diluted EPS | $0.48 | $0.27 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $213.9M | $39.9M |
| Equity | $1.9B | · |
| Net debt / equity | −0.01× | −0.16× |
| Current ratio | 3.26× | 2.64× |
| Revenue CAGR 5y | 16.1% | 4.9% |
| Profit CAGR 5y | 50.1% | 22.8% |
GTBIF bills 5.4× the revenue of VFF, and VFF keeps more of each dollar of revenue as profit (14.9% against 9.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
8 years side by side
| Fiscal year | GTBIF | VFF |
|---|---|---|
| FY2025 | $1.2B | $215.9M |
| FY2024 | $1.1B | $195.9M |
| FY2023 | $1.1B | $163.1M |
| FY2022 | $1.0B | $293.6M |
| FY2021 | $893.6M | $268.0M |
| FY2020 | $556.6M | $170.1M |
| FY2019 | $216.4M | $144.6M |
| FY2018 | $62.5M | $150.0M |
Bottom line
| Fiscal year | GTBIF | VFF |
|---|---|---|
| FY2025 | $114.2M | $32.4M |
| FY2024 | $73.1M | $-35.9M |
| FY2023 | $36.3M | $-34.8M |
| FY2022 | $12.0M | $-101.1M |
| FY2021 | $75.4M | $-9.1M |
| FY2020 | $15.0M | $11.6M |
| FY2019 | $-59.1M | $2.3M |
| FY2018 | $-5.2M | $-7.5M |
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$959,358,000 | GTBIF |
| FY2024 | +$941,234,000 | GTBIF |
| FY2023 | +$891,444,000 | GTBIF |
| FY2022 | +$723,803,000 | GTBIF |
| FY2021 | +$625,540,000 | GTBIF |
| FY2020 | +$386,487,000 | GTBIF |
| FY2019 | +$71,865,000 | GTBIF |
| FY2018 | −$87,506,320 | VFF |
The higher-revenue side has changed between GTBIF and VFF over this period. The gap has widened since the earliest year compared.
8 of 9 comparable fiscal years — a year missing data on either side is not counted.
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −5.2 pp | VFF |
| FY2024 | +24.6 pp | GTBIF |
| FY2023 | +24.8 pp | GTBIF |
| FY2022 | +35.7 pp | GTBIF |
| FY2021 | +11.8 pp | GTBIF |
| FY2020 | −4.1 pp | VFF |
| FY2019 | −28.9 pp | VFF |
| FY2018 | −3.5 pp | VFF |
The higher net margin has changed hands between GTBIF and VFF over this period.
8 of 9 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VFF's net margin has been more volatile than GTBIF's over the 8 comparable fiscal years — 15.2 percentage points of standard deviation against 11.4.
8 of 9 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between GTBIF and VFF over these 8 fiscal years — GTBIF led in 4 and VFF in 4.
8 of 9 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VFF's return on equity has been more volatile than GTBIF's over the 8 comparable fiscal years — 12.0 percentage points of standard deviation against 4.9.
8 of 9 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between GTBIF and VFF over these 8 fiscal years — GTBIF led in 5 and VFF in 3.
8 of 9 comparable fiscal years — a year missing data on either side is not counted.