Turning Point Brands, Inc.

Turning Point Brands, Inc.

TPBยทNYSE

$86.24

+5.1%
Consumer DefensiveTobacco

Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products. The company operates through three segments: Zig-Zag Products, Stoker's Products, and NewGen Products. The Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products under the Zig-Zag brand. The Stoker's Products segment manufactures and markets moist snuff tobacco and loose-leaf chewing tobacco products under the Stoker's, Beech-Nut, Durango, Trophy, and Wind River brands. The NewGen Products segment markets and distributes cannabidiol isolate, liquid vapor products, and other products without tobacco and/or nicotine to individual consumers through VaporFi B2C online platform, as well as non-traditional retail through VaporBeast. It sells its products to wholesale distributors and retail merchants in the independent and chain convenience stores, tobacco outlets, food stores, mass merchandising, and drug stores. The company was formerly known as North Atlantic Holding Company, Inc. and changed its name to Turning Point Brands, Inc. in November 2015. Turning Point Brands, Inc. was founded in 1988 and is headquartered in Louisville, Kentucky.

At a Glance

Live Snapshot
Market Cap$1.67B
EPS3.1800
P/E Ratio27.12
Earnings Date08/05/2026
3Y+44.0%
5Y+14.0%
10Y+125.0%
3Y+400.0%
5Y+52.0%
10Y+116.0%
3Y+90.0%
5Y+31.0%
10Y+529.0%
Turning Point Brands, Inc.

Turning Point Brands, Inc. Profit Bridge

TPB ยท NYSE
Revenue463.06M
Cost of Goods Sold (198.75M)
Gross Profit264.31M
Operating Expenses (168.99M)
Operating Income95.33M
Interest Expense (17.47M)
Other Income/Expense-12.18M
Pretax Income83.14M
Income Tax (14.99M)
Net Income58.16M
Net Income
58.16M

Profitability Analysis

Gross Margin

57.1%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

20.6%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

12.6%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

18.0%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Turning Point Brands, Inc. Income Statement

TPB โ€ข NYSE

Turning Point Brands, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2006Dec 2005Dec 2004
REVENUE
463.1M
360.7M
325.1M
321.2M
445.5M
405.1M
362M
332.7M
285.8M
206.2M
197.3M
200.3M
193.3M
186.7M
188.5M
174.5M
117.6M
116.9M
115.3M
GROSS PROFIT
(198.7M)
(159.1M)
(142.1M)
(143.4M)
(227.6M)
(215.1M)
(224.9M)
(190.1M)
(160.9M)
(105.9M)
(101M)
(107.2M)
(103M)
(100.9M)
(100.7M)
(96.2M)
(53.3M)
(56.7M)
(58.6M)
264.3M
201.6M
182.9M
177.8M
217.8M
190M
137.1M
142.6M
124.9M
100.4M
96.3M
93.2M
90.3M
85.8M
87.8M
78.3M
64.3M
60.2M
56.7M
OPERATING INCOME
(169M)
(114.8M)
(102.8M)
(98.6M)
(127.5M)
(125.6M)
(109.9M)
(94.1M)
(75.4M)
(56.8M)
(51.8M)
(45.1M)
(46.8M)
(41.4M)
(43.1M)
(38.6M)
(48.4M)
(44.3M)
(37.5M)
(169M)
(113.5M)
(102.2M)
(98M)
(123.2M)
(121.6M)
(109.9M)
(94.1M)
(75.4M)
(56.8M)
(51.8M)
(45.1M)
(46.8M)
(41.4M)
(42.8M)
(39.6M)
(47.8M)
(43.9M)
(37M)
(0.0)
(1.3M)
(600K)
(600K)
(1.1M)
(1.3M)
(0.0)
(2.5M)
(2.3M)
(1.8M)
(1.4M)
(1.2M)
(949K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
95.3M
86.7M
80.2M
79.2M
90.3M
64.4M
27.2M
48.5M
49.5M
43.6M
44.5M
48.1M
43.4M
44.5M
44.7M
39.7M
15.9M
15.9M
19.2M
PRE-TAX INCOME
(17.5M)
(14M)
(14.6M)
(19.5M)
(20.5M)
(13.5M)
(14.4M)
(15.1M)
(16.9M)
(26.6M)
(34.3M)
(34.3M)
(44.1M)
-43M
-35.2M
-26.4M
-27.1M
-31.9M
-31.3M
-17.5M
-14M
-14.6M
-19.5M
-20.5M
-13.5M
-14.4M
-14.8M
-16.9M
-26.6M
-34.3M
-34.3M
-44.1M
0.0
0.0
0.0
0.0
0.0
0.0
(0.0)
(0.0)
(0.0)
(0.0)
(3.3M)
(2.6M)
(0.0)
-131K
(0.0)
(0.0)
(0.0)
(0.0)
(27K)
(0.0)
(300K)
-1,000K
(600K)
(400K)
(500K)
-12.2M
-21.8M
-18.1M
-37.2M
-25M
-14.3M
-8.1M
-16.9M
-22.7M
-28.7M
-34.3M
-77.1M
-44.5M
-43.1M
-35.2M
-26.5M
-27.1M
-5.6M
-26.9M
83.1M
65M
62.1M
42.1M
65.3M
50.1M
19.1M
31.6M
26.9M
14.9M
10.2M
-29M
-1.1M
1.4M
9.5M
13.2M
-11.2M
10.3M
-7.7M
NET INCOME
(15M)
(16.9M)
(24M)
(11M)
(14M)
(12M)
(2.9M)
(6.3M)
(7.3M)
-12M
(1.1M)
(370K)
(486K)
(1M)
(1.1M)
-3.1M
(850K)
(228K)
(17.4M)
58.2M
39.8M
38.5M
11.6M
52.1M
38.2M
16.2M
25.3M
20.2M
26.9M
16.7M
-29.4M
-1.6M
400K
8.4M
16.3M
-12M
10.1M
-34.9M

SEC Filings

TPB - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 04, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 25, 2026
May 04, 2026
2026
10-K

10-K 2025 FY

FY

March 02, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 02, 2026
March 02, 2026
2026
8-K

8-K 2025

N/A

November 05, 2025
November 05, 2025
2025
8-K

8-K 2025

N/A

November 05, 2025
November 05, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 05, 2025
September 30, 2025
2025
8-K/A

8-K/A 2025 (Amended)

N/A

November 05, 2025
November 05, 2025
2025
Showing 1 to 10 of 208 filings