Turning Point Brands, Inc.

Turning Point Brands, Inc.

TPB
Turning Point Brands, Inc.US flagNew York Stock Exchange
82.45
USD
+0.38
- -
1.60BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
12.44
12.89
12.69
12.52
15.05
17.19
18.44
20.88
23.55
17.95
18.49
20.34
25.28
25.83
Basic EPS, GAAP
-0.1
-1.89
0.59
1.63
1.06
1.31
0.83
1.97
2.75
0.65
2.19
2.24
3.18
2.98
Free Cash Flow per Basic Share
0.19
0.39
1.57
0.55
1.56
0.68
1.93
2.25
3.61
1.69
3.8
3.78
3.13
0.95
Dividend per Share
- -
- -
- -
- -
0.04
0.12
0.18
0.2
0.22
0.24
0.26
0.28
0.3
0.31
Book Value per Share
-4.49
-6.43
-5.84
-4.06
-2.49
-1.31
-0.77
1.23
3.79
4.41
6.41
8.31
10.91
11.28
Tangible Book Value per Share
-12.91
-14.72
-14.08
-7.74
-5.67
-5.1
-4.14
-6.27
-6.14
-6
-3.22
-1.03
8.83
9.45
Basic Weighted Avg Shares
16
16
16
16
19
19
20
19
19
18
18
18
18
19
Sales/Revenue/Turnover
193
200
197
206
286
333
362
405
445
321
325
361
463
481
Operating Margin (%)
22.46
23.99
22.57
21.3
17.38
14.57
7.52
15.9
20.28
23.04
25.52
22.41
20.59
17.6
Depreciation Expense
1
1
1
1
2
3
4
5
5
3
4
6
7
8
Net Income, GAAP
-2
-29
9
27
20
25
16
38
52
12
38
40
58
55
Effective Tax Rate (%)
- -
- -
10.54
- -
27.03
19.91
14.99
23.84
21.5
26.1
38.67
26.06
18.03
13.27
Profit Margin (%)
-0.83
-14.68
4.64
13.05
7.07
7.6
4.48
9.43
11.69
3.62
11.83
11.04
12.56
11.53
Working Capital
68
42
43
37
41
48
133
107
209
216
167
153
342
347
LT Debt
301
304
291
202
186
187
280
318
428
417
317
258
304
305
Total Equity
-63
-92
-82
34
53
83
107
117
134
113
152
190
372
385
Return on Invested Capital (%)
- -
- -
18.42
- -
14.28
13.85
6.52
11.42
13.89
9.93
9.52
12.13
13.76
12.12
Return on Capital (%)
- -
- -
19.22
- -
21.62
21.23
11.93
15.06
15.93
5.28
10.49
11.7
14.72
13.21
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
109.03
15.47
40.16
30.62
33.5
29.94

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
4
5
5
LT Borrowings
293
294
294
LT Finance Leases
10
11
11
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
1,771
1,980
1,616

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
396
417
418
Cash, Cash Equivalents & STI
201
223
192
Accounts Receivable, Net
28
26
27
Inventories
113
108
130
Total Current Liabilities
71
75
71
Payables & Accruals
67
63
56
ST Debt
4
5
5
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.23%
30.66%
95.39%
Free Cash Flow
41.83%
21.46%
-14.45%
Net Income, GAAP
53.25%
47.74%
46.11%
Sales/Revenue/Turnover
10.29%
4.52%
28.39%
Total Cash Common Dividend
- -
7.78%
12.52%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
83
93
91
49
361
2025
106
117
119
121
463
2026
124
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.68
0.74
0.7
0.14
2.24
2025
0.81
0.81
1.16
0.43
3.18
2026
0.61
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.07
0.07
0.07
0.28
2025
0.08
0.08
0.07
0.07
0.3
2026
0.09
- -
- -
- -
- -

Company Description

APIChat
CEO
Graham A. Purdy
Full Time Employees
310
Sector
Consumer Defensive
Industry
Tobacco
Address
5201 Interchange Way Louisville KY United States of America 40229
IPO Date
May 11, 2016
Business
Turning Point Brands, Inc. is a manufacturer, marketer, and distributor of branded consumer products primarily in the United States and Canada, with a focus on alternative smoking accessories and consumables featuring active ingredients. The company operates through two main segments: Zig-Zag Products and Stoker’s Products. The Zig-Zag segment includes rolling papers, tubes, finished cigars, make-your-own cigar wraps, lighters, and related accessories under the Zig-Zag brand. The Stoker’s Products segment manufactures and markets moist snuff tobacco, loose-leaf chewing tobacco, and dry snuff products under brands such as Stoker’s, FRE, Beech-Nut, Durango, Trophy, and Wind River, and also distributes cannabis accessories and tobacco products. Turning Point Brands targets adult consumers via wholesale distributors and retail merchants across independent and chain convenience stores, tobacco outlets, food stores, mass merchandisers, drug stores, and non-traditional retail channels. Founded in 1988, the company is headquartered in Louisville, Kentucky. In the last 1-2 years, Turning Point Brands has executed significant strategic initiatives, including completing a transaction in January 2025 to acquire a 49% stake in GWO, with an option to acquire the remaining 51%, enhancing its portfolio and operational reach. The company launched new product offerings in the Modern Oral category, including the ALP nicotine pouch, contributing to a dramatic 6276% year-over-year sales increase in this segment, which now accounts for over 30% of total net sales. It continues to expand its Modern Oral business while maintaining growth in traditional segments like Zig-Zag and Stoker’s, despite an 11% revenue decline in the Zig-Zag segment as focus shifts toward high-growth areas. Turning Point Brands also announced a $100 million share repurchase program in 2025 and increased its sales force, aiming to double its size by the end of 2026 to support expansion and merchandising capabilities. The company switched auditors to KPMG in early 2025 and set adjusted EBITDA guidance between $108 million and $113 million, indicating confidence in its profitable growth trajectory. Turning Point Brands has evolved its portfolio from traditional tobacco and vapor products into the emerging nicotine pouch and alternative smoking categories, maintaining a strong presence in rolling papers, smokeless tobacco, and cannabis accessories while prioritizing innovation, quality, and consumer choice. The company leverages a comprehensive distribution network in North America and fosters strategic partnerships to enhance market penetration and product assortment. It was formerly known as North Atlantic Holding Company, Inc. until changing its name to Turning Point Brands in 2015. The company holds its business segments under subsidiaries and continues to drive its strategy through acquisitions, new product development, and geographic market focus predominantly in the United States and Canada.

Company News

APIChat
  • ALP Signs Conor McGregor as Global Brand Partner in Landmark Deal

  • ALP Signs Conor McGregor as Global Brand Partner in Landmark Deal

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  • Turning Point Brands, Inc. (TPB) Q1 2026 Earnings Call Transcript

  • Turning Point Brands (TPB) Q1 Earnings and Revenues Beat Estimates

  • Turning Point Brands Announces First Quarter 2026 Results

  • Turning Point Brands Declares Common Stock Dividend

  • Earnings Preview: Turning Point Brands (TPB) Q1 Earnings Expected to Decline

  • A Look at Turning Point Brands Inc (TPB) After 3.1% Decline -- GF Value $67.34 vs Price $77.42

  • Turning Point Brands to Host Q1 2026 Conference Call

  • Why Turning Point Brands Stock Was on Fire Today

  • TKO and FRE Nicotine Pouches Announce Official Partnership Across UFC, Zuffa Boxing, PBR, and More

  • SG Americas Securities LLC Sells 19,605 Shares of Turning Point Brands, Inc. $TPB

  • Turning Point Brands, Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses

  • Why Turning Point Brands Stock Fell 15.5% This Week

  • Why Turning Point Brands Stock Got Smoked Today

  • ArrowMark Colorado Holdings LLC Has $66.71 Million Stock Position in Turning Point Brands, Inc. $TPB

  • Why Turning Point Brands Stock Collapsed This Week

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  • Apis Capital Triples Down on Turning Point Brands, Adds Another $10 Million in Stock