High Tide Inc (NASDAQ:HITI) — Market Cap & Net Worth
Market Cap & Net Worth: High Tide Inc (HITI)
High Tide Inc (NASDAQ:HITI) has a market capitalization of $213.45 Million ($213.45 Million) as of May 2, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #16286 globally and #3678 in its home market, demonstrating a 2.08% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying High Tide Inc's stock price $2.45 by its total outstanding shares 87839735 (87.84 Million). Analyse HITI cash flow conversion to see how efficiently the company converts income to cash.
High Tide Inc Market Cap History: 2019 to 2026
High Tide Inc's market capitalization history from 2019 to 2026. Data shows growth from $11.94 Million to $215.21 Million (31.66% CAGR).
Index Memberships
High Tide Inc is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Health Care
IXHC
|
$2.41 Trillion | 0.01% | #441 of 976 |
|
NASDAQ Composite
IXIC
|
$38.77 Trillion | 0.00% | #1585 of 3165 |
Weight: High Tide Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
High Tide Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how High Tide Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.39x
High Tide Inc's market cap is 0.39 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2019 | $11.94 Million | $31.29 Million | -$26.29 Million | 0.38x | N/A |
| 2020 | $17.59 Million | $83.27 Million | -$6.97 Million | 0.21x | N/A |
| 2021 | $373.32 Million | $181.12 Million | -$34.36 Million | 2.06x | N/A |
| 2022 | $135.27 Million | $356.85 Million | -$71.76 Million | 0.38x | N/A |
| 2023 | $143.18 Million | $487.67 Million | -$39.31 Million | 0.29x | N/A |
| 2024 | $271.42 Million | $522.31 Million | -$4.34 Million | 0.52x | N/A |
| 2025 | $232.78 Million | $593.99 Million | -$50.75 Million | 0.39x | N/A |
Competitor Companies of HITI by Market Capitalization
Companies near High Tide Inc in the global market cap rankings as of May 2, 2026.
Key companies related to High Tide Inc by market ranking:
- JD HEALTH INTL LTD (F:8ZN): Ranked #1408 globally with a market cap of $17.90 Billion USD ( €15.31 Billion EUR).
- Walgreens Boots Alliance Inc (NASDAQ:WBA): Ranked #2179 globally with a market cap of $10.37 Billion USD.
- ALIB.HL.INF.TEC.UNSP.ADR (F:TWYA): Ranked #2534 globally with a market cap of $8.42 Billion USD ( €7.20 Billion EUR).
- Raia Drogasil S.A (SA:RADL3): Ranked #2723 globally with a market cap of $7.53 Billion USD ( R$38.36 Billion BRL).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1408 | JD HEALTH INTL LTD | F:8ZN | $17.90 Billion | €4.90 |
| #2179 | Walgreens Boots Alliance Inc | NASDAQ:WBA | $10.37 Billion | $11.98 |
| #2534 | ALIB.HL.INF.TEC.UNSP.ADR | F:TWYA | $8.42 Billion | €8.95 |
| #2723 | Raia Drogasil S.A | SA:RADL3 | $7.53 Billion | R$21.94 |
High Tide Inc Historical Marketcap From 2019 to 2026
Between 2019 and today, High Tide Inc's market cap moved from $11.94 Million to $ 215.21 Million, with a yearly change of 31.66%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $215.21 Million | -7.55% |
| 2025 | $232.78 Million | -14.24% |
| 2024 | $271.42 Million | +89.57% |
| 2023 | $143.18 Million | +5.84% |
| 2022 | $135.27 Million | -63.76% |
| 2021 | $373.32 Million | +2021.82% |
| 2020 | $17.59 Million | +47.39% |
| 2019 | $11.94 Million | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of High Tide Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $213.45 Million USD |
| MoneyControl | $213.45 Million USD |
| MarketWatch | $213.45 Million USD |
| marketcap.company | $213.45 Million USD |
| Reuters | $213.45 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About High Tide Inc
High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Bricks and Mortar, E-commerce, and Medical Cannabis Distribution segments. It manufactures and distributes consumption accessories; cannabis; and hemp derived products. The company also engages in data analytics; advertising; product sourcing and imports; event-ba… Read more