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Glass House Brands Inc. GLAS

NYSE · stock · Medicinal Chemicals & Botanical Products · website · IPO 2021-07-26 · LEI

Glass House Brands Inc. statistics & valuation

Market cap$665.8M
P / S3.7×
P / B9.0×
Net margin-16.3%
Return on equity-40.1%
FCF margin-8.6%
Net debt$68.7M
Enterprise value USD$734.5M
Earnings yield EBIT/EV-2.3%
Return on capital-5.9%

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-63.60% -36.20% -61.10% 0.30% -16.30% 20212022202320242025
Gross margin (%)
23.10% 22.80% 50.30% 48.50% 42.30% 20212022202320242025
Operating margin (%)
-50.60% -62.00% -30.80% 2.90% -9.10% 20212022202320242025
Return on equity (%)
-24.40% -19.50% -109.50% 0.40% -40.10% 20212022202320242025
Shares outstanding
40.3M 64.2M 72.0M 75.2M 81.9M 20212022202320242025
Net debt ($)
$44.9M $62.7M $64.1M $58.2M $68.7M 20212022202320242025
Share buybacks ($)
20212022202320242025
Return on assets (%)
-15.30% -9.40% -32.30% 0.20% -9.30% 20212022202320242025
Free cash flow margin (%)
-185.40% -75.40% 6.80% 9.00% -8.60% 20212022202320242025
Debt / equity (×)
0.25× 0.37× 0.71× 0.50× 0.93× 20212022202320242025
EPS ($)
-$1.14 -$0.83 -$1.62 -$0.21 -$0.55 20212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021
Gross margin42.3%48.5%50.3%22.8%23.1%
Operating margin-9.1%2.9%-30.8%-62.0%-50.6%
Net margin-16.3%0.3%-61.1%-36.2%-63.6%
FCF margin-8.6%9.0%6.8%-75.4%-185.4%
Return on assets-9.3%0.2%-32.3%-9.4%-15.3%
Return on equity-40.1%0.4%-109.5%-19.5%-24.4%
Debt / equity0.93×0.50×0.71×0.37×0.25×
Current ratio1.780.990.560.721.22

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.