Turning Point Brands, Inc. (TPB)
NYSE · Tobacco Products · Manufacturing · CIK 1290677 · fiscal year ends in Dec
Closing price $68.80 on 29 Oct 2026; 52-week range $55.28 to $142.98.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $507.2M
- Revenue growth
- 24.5%
- Net income, last twelve months
- $44.6M
- Earnings per share
- $2.34
- Gross margin
- 59.2%
- Operating margin
- 14.8%
- Net margin
- 8.8%
- Free cash flow
- $19.6M
- Return on equity
- 9.8%
- Market value
- $1.4B
- Price to earnings
- 29.4x
- Dividend yield
- 0.4%
- Cash
- $268.3M
- Debt
- $294.1M
- Debt to equity
- 0.65
- Shares outstanding
- 20.0M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $463.1M | $95.3M | $58.2M | $3.11 | $43.8M | 10-K filed 2 Mar 2026 |
| FY2024 | 31 Dec 2024 | $360.7M | $80.8M | $39.8M | $2.14 | $62.4M | 10-K filed 6 Mar 2025 |
| FY2023 | 31 Dec 2023 | $325.1M | $83.0M | $38.5M | $2.01 | $61.2M | 10-K filed 28 Feb 2024 |
| FY2022 | 31 Dec 2022 | $321.2M | $74.0M | $11.6M | $0.64 | $22.4M | 10-K filed 15 Mar 2023 |
| FY2021 | 31 Dec 2021 | $445.5M | $90.3M | $52.1M | $2.52 | $62.1M | 10-K filed 11 Mar 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $143.0M | $3.6M | $0.18 |
| Q1 FY2026 | 31 Mar 2026 | $124.3M | $11.7M | $0.61 |
| Q4 FY2025 | 31 Dec 2025 | $121.0M | $8.2M | $0.42 |
| Q3 FY2025 | 30 Sep 2025 | $119.0M | $21.1M | $1.13 |
| Q2 FY2025 | 30 Jun 2025 | $116.6M | $14.5M | $0.79 |
| Q1 FY2025 | 31 Mar 2025 | $106.4M | $14.4M | $0.79 |
| Q4 FY2024 | 31 Dec 2024 | $93.7M | $2.4M | $0.13 |
| Q3 FY2024 | 30 Sep 2024 | $90.7M | $12.4M | $0.68 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By business, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Stokers Products | $284.6M | 61.5% |
| Zig Zag Products | $178.5M | 38.5% |
By region, FY2025
| Segment | Revenue | Share |
|---|---|---|
| United States | $427.4M | 92.3% |
| Non-US | $35.7M | 7.7% |
Company events
The newest 8-K filings of 130 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 21 Sep 2026 | 8-K | Leadership change, Investor update | 5.02, 7.01, 9.01 |
| 4 Aug 2026 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 7 May 2026 | 8-K | Results | 2.02, 9.01 |
| 5 May 2026 | 8-K | Shareholder vote | 5.07 |
| 2 Mar 2026 | 8-K | Results | 2.02, 9.01 |
| 5 Nov 2025 | 8-K | Other events | 8.01, 9.01 |
| 5 Nov 2025 | 8-K/A | Results | 2.02, 9.01 |
| 5 Nov 2025 | 8-K | Results | 2.02, 9.01 |
| 6 Aug 2025 | 8-K | Results | 2.02, 9.01 |
| 9 May 2025 | 8-K | Shareholder vote | 5.07 |
| 7 May 2025 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 11 Mar 2025 | 8-K | Auditor change | 4.01, 9.01 |
Every filing
The newest filings with the SEC of 270 held.
| Filed | Form | Period |
|---|---|---|
| 21 Sep 2026 | 8-K | 18 Sep 2026 |
| 4 Aug 2026 | 10-Q | 30 Jun 2026 |
| 4 Aug 2026 | 8-K | 4 Aug 2026 |
| 8 May 2026 | 10-Q | 31 Mar 2026 |
| 7 May 2026 | 8-K | 7 May 2026 |
| 5 May 2026 | 8-K | 4 May 2026 |
| 25 Mar 2026 | DEF 14A | 4 May 2026 |
| 2 Mar 2026 | 10-K | 31 Dec 2025 |
| 2 Mar 2026 | 8-K | 2 Mar 2026 |
| 5 Nov 2025 | 8-K | 5 Nov 2025 |
| 5 Nov 2025 | 10-Q | 30 Sep 2025 |
| 5 Nov 2025 | 8-K/A | 5 Nov 2025 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 12 May 2026 | Wigginton Brian, Sr VP Finance & CAO | Sale outside a trading plan | 4,000 | $91.67 | $366.7K | 9,230 | 13 May 2026 |
| 4 Mar 2026 | Flynn Andrew, Chief Financial Officer | Sale outside a trading plan | 2,000 | $97.57 | $195.1K | 9,443 | 4 Mar 2026 |
| 19 Dec 2025 | Glazek David Edward, Executive Chairman | Sale outside a trading plan | 30,000 | $110.26 | $3.3M | 127,083 | 23 Dec 2025 |
| 15 Dec 2025 | Diao H.C. Charles, Director | Sale outside a trading plan | 2,000 | $108.20 | $216.4K | 9,804 | 17 Dec 2025 |
| 21 Nov 2025 | Baxter Gregory H.A., Director | Sale outside a trading plan | 1,500 | $98.23 | $147.3K | 38,919 | 21 Nov 2025 |
| 20 Nov 2025 | Usher Stephen, Director | Sale outside a trading plan | 1,000 | $102.54 | $102.5K | 4,175 | 21 Nov 2025 |
| 19 Nov 2025 | Usher Stephen, Director | Sale outside a trading plan | 1,000 | $101.00 | $101.0K | 5,175 | 21 Nov 2025 |
| 19 Nov 2025 | Cushman Brittani, Sr VP, General Counsel | Sale outside a trading plan | 3,000 | $101.66 | $305.0K | 34,687 | 21 Nov 2025 |
| 19 Nov 2025 | Cushman Brittani, Sr VP, General Counsel | Sale outside a trading plan | 4,000 | $101.66 | $406.6K | 34,687 | 21 Nov 2025 |
| 19 Nov 2025 | Cushman Brittani, Sr VP, General Counsel | Sale outside a trading plan | 3,250 | $101.66 | $330.4K | 34,687 | 21 Nov 2025 |
| 19 Nov 2025 | Cushman Brittani, Sr VP, General Counsel | Sale outside a trading plan | 2,500 | $101.66 | $254.2K | 34,687 | 21 Nov 2025 |
| 13 Nov 2025 | Wexler Lawrence, Director | Sale outside a trading plan | 10,401 | $99.03 | $1.0M | 280,368 | 13 Nov 2025 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 19 Dec 2025 | DAVID E GLAZEK, Director | 78,000 | $8.6M | 19 Dec 2025 |
| 15 Dec 2025 | Diao H.C. Charles, Director | 2,000 | $215.5K | 15 Dec 2025 |
| 8 Dec 2025 | Graham Purdy, President and CEO | 140,140 | $14.1M | 8 Dec 2025 |
| 20 Nov 2025 | STEPHEN USHER, Director | 1,000 | $102.5K | 20 Nov 2025 |
| 19 Nov 2025 | STEPHEN USHER, Director | 1,000 | $101.0K | 19 Nov 2025 |
| 12 Nov 2025 | Lawrence S Wexler, Director | 50,000 | $5.0M | 11 Nov 2025 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 30 Jul 2026 | First Trust Portfolios L.P. | 13G | 5.42% | 1.0M |
| 15 May 2026 | Divisadero Street Capital Management, LP | 13G | 5.8% | 1.1M |
| 20 Apr 2026 | THRIVENT FINANCIAL FOR LUTHERANS | 13G amended | 6.4% | 1.2M |
| 27 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
| 13 Feb 2026 | Divisadero Street Capital Management, LP | 13G amended | 2.8% | 531.2K |
| 12 Feb 2026 | Morgan Stanley | 13G amended | 1.7% | 325.2K |
| 4 Nov 2025 | Divisadero Street Capital Management, LP | 13G amended | 8.3% | 1.5M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 3.2M | +1.75% | 6.71 |
| 30 Sep 2026 | 3.2M | +5.49% | 5.8 |
| 15 Sep 2026 | 3.0M | +7.79% | 12.14 |
| 31 Aug 2026 | 2.8M | +4.77% | 11.51 |
| 14 Aug 2026 | 2.7M | +2.32% | 6.78 |
| 31 Jul 2026 | 2.6M | +2.52% | 7.2 |
| 15 Jul 2026 | 2.5M | -2.3% | 8.44 |
| 30 Jun 2026 | 2.6M | +42.23% | 4.61 |
Funds that hold it
From each fund's latest Form 13F.
279 funds held it at 30 Jun 2026: 133 added and 64 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 1,618,598 | $137.3M | +147,996 |
| Divisadero Street Capital Management, LP | 1,265,303 | $107.3M | +969,725 |
| Thrivent Financial for Lutherans | 1,234,351 | $104.7M | +1,986 |
| First Trust Advisors LP | 975,437 | $82.7M | +285,532 |
| Vanguard Capital Management LLC | 822,500 | $69.8M | +6,345 |
| Copeland Capital Management, LLC | 690,323 | $58.5M | +283,115 |
| Maple Rock Capital Partners Inc. | 686,800 | $58.2M | +250,800 |
| American Century Companies Inc. | 627,457 | $53.2M | +261,981 |
| Geode Capital Management, LLC | 621,513 | $52.7M | +20,548 |
| T. Rowe Price Investment Management, Inc. | 588,634 | $49.9M | +219,584 |