CoverageForm 410-K10-Q8-K13D13G13F

TPB · Turning Point Brands, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · TPB

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue------
Cost of Revenue$198.75M$159.09M$202.15M$209.47M$227.64M$215.47M
Gross Profit$264.31M$201.56M$203.24M$205.54M$217.83M$189.64M
R&D$900.0K$1.30M$600.0K$600.0K$1.10M$1.30M
SG&A$168.99M$122.41M$125.01M$130.02M$127.51M$125.56M
Total Operating Expenses------
D&A--$6.36M$5.30M$5.01M$5.02M
Operating Income$95.33M$80.83M$82.58M$75.51M$90.32M$64.07M
Interest Expense$25.39M$18.53M----
Income Tax$14.99M$16.93M$23.90M$4.85M$14.04M$10.02M
Net Income$58.16M$39.81M$38.46M$11.64M$52.06M$33.04M
EPS - Basic$3.18$2.24$2.19$0.65$2.75$1.70
EPS - Diluted$3.11$2.14$2.01$0.64$2.52$1.67

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$222.76M$48.94M$117.89M$106.40M$128.32M$41.77M
Accounts Receivable$25.73M$9.62M$9.99M$8.38M$6.50M$9.33M
Inventory$107.99M$96.25M$98.96M$119.92M$87.61M$79.75M
Accounts Payable$20.42M$11.68M$8.41M$8.36M$7.36M$9.20M
Current Assets$417.15M$198.21M$267.62M$257.65M$249.17M$157.30M
Total Assets$763.75M$493.35M$569.36M$572.11M$601.56M$489.33M
Current Liabilities$75.01M$44.82M$100.34M$41.38M$40.34M$56.63M
Long-term Debt$293.63M$248.60M$307.06M$406.76M$414.17M$277.96M
Total Liabilities$391.77M$302.97M$417.35M$458.73M$467.84M$358.49M
Stockholders' Equity$371.98M$190.38M$150.98M$113.38M$133.72M$82.62M
Retained Earnings$199.66M$147.16M$112.44M$78.69M$71.46M$12.06M

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$57.37M$67.06M$66.88M$30.27M$68.22M$43.68M
Investing Cash Flow($31.67M)($10.51M)($5.91M)($18.79M)($58.84M)($64.82M)
Financing Cash Flow$148.27M($128.28M)($49.51M)($43.30M)$57.07M($29.34M)
CapEx$13.53M$4.62M$5.71M$7.68M$6.16M$6.13M
Free Cash Flow$43.84M$62.44M$61.17M$22.59M$62.06M$37.54M

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin------
EBITDA margin------
Net margin------
Free cash flow margin------
FCF / Net income0.751.571.591.941.191.14
R&D / Revenue------
SG&A / Revenue------
Effective tax rate20.5%29.8%38.3%29.4%21.2%23.3%
Return on assets7.6%8.1%6.8%2.0%8.7%6.8%
Return on equity15.6%20.9%25.5%10.3%38.9%40.0%
Return on invested capital11.4%12.9%11.1%10.2%13.0%13.6%
Liquidity
Current ratio5.564.422.676.236.182.78
Quick ratio4.122.271.683.334.011.37
Cash ratio2.971.091.172.573.180.74
Leverage
Debt / Equity0.791.312.033.593.103.36
Debt / Assets0.380.500.540.710.690.57
Debt / EBITDA--3.455.034.344.02
Interest coverage3.8x4.4x----
Equity multiplier2.052.593.775.054.505.92
Liabilities / Assets0.510.610.730.800.780.73
Efficiency
Asset turnover------
Inventory turnover1.841.652.041.752.602.70
Days sales outstanding------
Days inventory outstanding198d221d179d209d140d135d
Days payable outstanding38d27d15d15d12d16d
Cash conversion cycle------
Valuation
P / E34.9x28.1x13.1x33.8x15.0x26.7x
P / B5.5x6.1x3.6x3.4x6.3x10.6x
P / S------
EV / EBITDA--8.2x8.5x11.9x16.1x
Growth
Revenue growth (YoY)------
Revenue CAGR (3y)------
Revenue CAGR (5y)------
Gross profit growth (YoY)31.1%-0.8%-1.1%-5.6%14.9%38.7%
Operating income growth (YoY)17.9%-2.1%9.4%-16.4%41.0%138.6%
Net income growth (YoY)46.1%3.5%230.4%-77.6%57.6%139.9%
EPS growth (YoY)45.3%6.5%214.1%-74.6%50.9%142.0%
EPS CAGR (3y)69.4%-5.3%6.4%-2.5%25.3%17.1%
EPS CAGR (5y)13.2%25.4%9.4%-9.3%11.1%-
FCF growth (YoY)-29.8%2.1%170.8%-63.6%65.3%13.8%
FCF CAGR (5y)3.2%13.6%41.4%26.0%60.0%-
Book value growth (YoY)95.4%26.1%33.2%-15.2%61.8%-22.5%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

4/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • -Gross margin improved
  • -Asset turnover improved

Peer comparison

Same SIC group: Tobacco Products

CompanyRevenue (last FY)Net marginROE
HCMC$3.0K-235580.6%568.9%

Comparing Turning Point Brands against the 1 most active filer in the same SIC group.

Dividends

$0.30/share trailing 12 months · +7.0% YoY

Ex-datePer share
Mar 20, 2026$0.0800
Dec 19, 2025$0.0750
Sep 19, 2025$0.0750
Jun 20, 2025$0.0750
Mar 21, 2025$0.0750
Dec 20, 2024$0.0700
Sep 13, 2024$0.0700
Jun 14, 2024$0.0700
Mar 21, 2024$0.0700
Dec 14, 2023$0.0650
Sep 14, 2023$0.0650
Jun 15, 2023$0.0650
Mar 16, 2023$0.0650
Dec 15, 2022$0.0600
Sep 15, 2022$0.0600
Jun 16, 2022$0.0600
Mar 17, 2022$0.0600
Dec 16, 2021$0.0550
Sep 16, 2021$0.0550
Jun 17, 2021$0.0550
Mar 18, 2021$0.0550
Dec 17, 2020$0.0500
Sep 17, 2020$0.0500
Jun 18, 2020$0.0500