Glass House Brands Inc. (GLAS)

9.88 +1.02% (+0.10)

Over 5Y: -8.3%

2026-08-28
10 12
May Jun Jul Aug

Financials Annual

FY21 — Revenue: 63.2M FY21 — Operating Cash Flow: -20.3M FY21 — Free Cash Flow: -128.8M FY21 — Net Income: -43.1M FY22 — Revenue: 84.9M FY22 — Operating Cash Flow: -40.8M FY22 — Free Cash Flow: -68.6M FY22 — Net Income: -32.9M FY23 — Revenue: 160.8M FY23 — Operating Cash Flow: 23.2M FY23 — Free Cash Flow: 10.9M FY23 — Net Income: -98.3M FY24 — Revenue: 200.9M FY24 — Operating Cash Flow: 28.4M FY24 — Free Cash Flow: 18.1M FY24 — Net Income: 519K FY25 — Revenue: 182M FY25 — Operating Cash Flow: 11.4M FY25 — Free Cash Flow: -15.7M FY25 — Net Income: -29.7M -70M 0 70M 140M 210M
FY21 FY22 FY23 FY24 FY25
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2025-12-31, reported in USD. The newest fact in the filings is dated 2025-12-31, 242 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

2.1
OE margin -16.0%
Oper. margin -9.1%
ROIC -10.8%
Accruals -12.9%
Gross margin 42.3%
OCF margin 6.3%
EBITDA margin -0.84%
FCF margin -8.6%
Profit margin -16.3%
ROA -9.3%
ROCE -5.9%
ROE -40.1%
OCF / EBIT —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

2.1
Segment HHI 0.48 HHI
RPO / sales —
RPO growth —

3 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

2.3
ND/EBITDA —
Cash / Debt 0.33×
Quick ratio 1.1×
Debt / Eq 0.96×
Net debt / Eq 0.64×
F-score 3.0 pts
Cash runway —
Debt payback —
Payout —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

4.3
Sales CAGR 4Y +30.3%
Sales/sh Y/Y -16.8%
EPS Y/Y -5346.6%
Div. growth —
EBIT CAGR —
EBIT Y/Y —
EPS CAGR 4Y —
EPS next Y —
Sales Q/Q —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.