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.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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 item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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 item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | 0.75 | 1.57 | 1.59 | 1.94 | 1.19 | 1.14 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 20.5% | 29.8% | 38.3% | 29.4% | 21.2% | 23.3% |
| Return on assets | 7.6% | 8.1% | 6.8% | 2.0% | 8.7% | 6.8% |
| Return on equity | 15.6% | 20.9% | 25.5% | 10.3% | 38.9% | 40.0% |
| Return on invested capital | 11.4% | 12.9% | 11.1% | 10.2% | 13.0% | 13.6% |
| Liquidity | ||||||
| Current ratio | 5.56 | 4.42 | 2.67 | 6.23 | 6.18 | 2.78 |
| Quick ratio | 4.12 | 2.27 | 1.68 | 3.33 | 4.01 | 1.37 |
| Cash ratio | 2.97 | 1.09 | 1.17 | 2.57 | 3.18 | 0.74 |
| Leverage | ||||||
| Debt / Equity | 0.79 | 1.31 | 2.03 | 3.59 | 3.10 | 3.36 |
| Debt / Assets | 0.38 | 0.50 | 0.54 | 0.71 | 0.69 | 0.57 |
| Debt / EBITDA | - | - | 3.45 | 5.03 | 4.34 | 4.02 |
| Interest coverage | 3.8x | 4.4x | - | - | - | - |
| Equity multiplier | 2.05 | 2.59 | 3.77 | 5.05 | 4.50 | 5.92 |
| Liabilities / Assets | 0.51 | 0.61 | 0.73 | 0.80 | 0.78 | 0.73 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | 1.84 | 1.65 | 2.04 | 1.75 | 2.60 | 2.70 |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | 198d | 221d | 179d | 209d | 140d | 135d |
| Days payable outstanding | 38d | 27d | 15d | 15d | 12d | 16d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 34.9x | 28.1x | 13.1x | 33.8x | 15.0x | 26.7x |
| P / B | 5.5x | 6.1x | 3.6x | 3.4x | 6.3x | 10.6x |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | 8.2x | 8.5x | 11.9x | 16.1x |
| 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
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| 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-date | Per 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 |