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TPBTurning Point Brands, Inc.
$65.88$1.3B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
TPB logo

Turning Point Brands, Inc.

TPB
NYSE · Tobacco & Nicotine
$65.88
At close - Nov 6, 4:00 PM EST - USD
Market Cap$1.28B
P/E29.8x
52W High$146.90
Volume575.19K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Accelerating Revenue Growth Amid Margin Compression

Turning Point Brands is executing a strategic pivot toward higher-margin products, evidenced by gross margin expansion to 65.5% in 2026Q2 and a 22.6% YoY revenue surge.

GrowthAccelerating
ProfitabilityStable
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

TPB price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

+113% Peers

P/E is 113% above peer median

03

Market leadership

RS 29 · Lag

Laggard (Underperforming 71% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 9

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
TPB-40.02%
S&P 500 (^GSPC)+7.63%
1-Year Return
TPB-33.93%
S&P 500 (^GSPC)+9.69%
3-Year Return
TPB+222.07%
S&P 500 (^GSPC)+63.87%
5-Year Return
TPB+63.80%
S&P 500 (^GSPC)+53.13%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
29.8x
Forward P/E
52.5x
EV/EBITDA80th %ile
16.3x
FCF YieldCash Flow
1.5%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
29.8x
28.1x
60th· Fair
EV/EBITDA
16.3x
12.0x
80th· High
Price/FCF
65.0x
17.3x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$47.74-27.5%
Base (Fair)$84.61+28.4%
Bull$119.43+81.3%
$47.74 Bear$84.61 Base$119.43 Bull
Current Market Price: $65.88
Trades at a 22.1% discount to Base DCF ($84.61)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$463M+28.4% YoY
Net income FY25
$58M+46.1% YoY
Free cash flow FY25
$44M-29.8% YoY
Operating margin FY25
20.6%-3.5 pts YoY
ROIC (FY25)16.6%
Avg ROIC 5Y15.3%
ROE (TTM)11.4%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate10/12 (83%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 4, 2026
$0.18+55.2%
vs $0.12
$143M+10.3%
vs $130M
Q2 2026
May 7, 2026
$0.61+1.7%
vs $0.60
$124M+7.4%
vs $116M
Q2 2026
Mar 2, 2026
$0.42-51.7%
vs $0.87
$121M+0.5%
vs $120M
Q4 2025
Nov 5, 2025
$1.05+29.6%
vs $0.81
$119M-1.2%
vs $120M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·5d ago
Turning Point Brands Declares Common Stock Dividend

LOUISVILLE, Ky.--(BUSINESS WIRE)--The Board of Directors of Turning Point Brands, Inc. (“TPB”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients, declared a regular quarterly dividend of $0.08 per common share. The dividend is payable on January 8, 2027 to shareholders of record on the close of business on December 18, 2026.About Turning Point Brands, Inc.Turning Point Brands, Inc.

Business Wire·Oct 26, 2026
Turning Point Brands to Host Q3 2026 Conference Call

LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (NYSE: TPB) announced the date and time for its conference call to review third quarter 2026 results. The conference call will be on Monday, November 9th at 9:00 a.m. Eastern Time. Webcast Link: https://events.q4inc.com/attendee/633308822 Analyst Dial-ins: North America (Toll-Free): +1 833 461 5787 International (Toll): +1 585 542 9983 International Dial-Ins Meeting ID: 633 308 822 Analyst Pre-Registration Link The registration link e.

The Motley Fool·Oct 11, 2026
Axon Enterprise vs. Turning Point Brands: Which Slumping Stock Is a Better Rebound Candidate Right Now?

Axon Enterprise maintains a dominant position in the public safety market through its integrated ecosystem of Taser devices and cloud software. Turning Point Brands continues to capture steady revenue from its iconic Zig-Zag and Stoker's brands within the tobacco and smoking accessories market.

PRNewsWire·Oct 7, 2026
ALP Pouch Brings "Chilled Mint to the Desert" with Driver Riley Herbst at Las Vegas Motor Speedway

LAS VEGAS, Oct. 7, 2026 /PRNewswire/ -- ALP Pouch brought its brand attitude to the South Point 400 NASCAR Cup Series playoff race at the Las Vegas Motor Speedway on October 4, sponsoring NASCAR driver Riley Herbst. The partnership put ALP Pouch front and center on Herbst's race car, firesuit and crew polos, giving the company a showcase both on the track and throughout the Las Vegas Motor Speedway infield.

Filtered for Turning Point Brands, Inc.More Headlines
04

Compare before deciding

Benchmark TPB against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Turning Point Brands, Inc. (TPB)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TPB logoTPBTurning Point Brands, Inc.Current
$65.88$1.28B29.8128.39%8.78%11.35%0.45%
STG logoSTGSunlands Technology Group
$2.16$29.03M0.591.49%17.61%32.92%—
XXII logoXXII22nd Century Group, Inc.
$1.55$5.59K-0.00-40.66%-41.26%-20.47%—
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.37$177.42M8.1755.25%58.87%6.24%23.45%
MO logoMOAltria Group, Inc.
$76.12$127.11B15.65-1.49%38.1%—5.45%
PM logoPMPhilip Morris International Inc.
$197.88$308.42B28.887.31%24.82%—2.8%

Compare TPB vs Peers

Turning Point Brands, Inc. (TPB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs STG

Most directly comparable listed peer for TPB.

Scale Benchmark

vs PM

Larger-name benchmark to compare TPB against a more recognizable public peer.

Peer Set

Compare Top 5

vs STG, XXII, TPVG, MO

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

TPB SEC Filings & Documents

Turning Point Brands, Inc. (TPB) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 4, 2026·SEC

Material company update

May 7, 2026·SEC

Material company update

May 5, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 2, 2026·SEC

FY 2025

Mar 6, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 4, 2026·SEC

FY 2026

May 8, 2026·SEC

FY 2025

Nov 5, 2025·SEC

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TPB Frequently Asked Questions

Turning Point Brands, Inc. (TPB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Turning Point Brands, Inc.'s revenue?

Turning Point Brands, Inc. (TPB) reported $507.2M in revenue over the trailing twelve months. Revenue was $463.1M in fiscal year 2025. That is 302% more than the $115.3M of fiscal year 2004.

How fast is Turning Point Brands, Inc. growing?

Turning Point Brands, Inc. (TPB) grew revenue by 24.5% over the trailing twelve months, compared with the twelve months before.

Is TPB profitable?

Yes. Turning Point Brands, Inc. (TPB) earned $44.6M in net income over the trailing twelve months (a 8.8% net margin).

Dividend & Returns
Does TPB pay dividends?

Yes. Turning Point Brands, Inc. (TPB) pays a dividend that yields 0.45% at the current price, a small yield.

What is TPB's return on equity?

Turning Point Brands, Inc. (TPB) had a return on equity (ROE) of 11.4% over the trailing twelve months. That is in line with the market's typical 10-15%.

What is Turning Point Brands, Inc.'s free cash flow?

Turning Point Brands, Inc. (TPB) generated $19.6M in free cash flow over the trailing twelve months.

What if you invested $1,000 in TPB back in 2004?

Total return calculator · dividends reinvested · 22+ years of data

See returns →