Turning Point Brands (TPB) Financials

$57.24 +0.33 (+0.57%)

Closing price 04/15/2025 03:59 PM Eastern

Extended Trading

$57.32 +0.09 (+0.15%)

As of 04/15/2025 06:17 PM Eastern

Annual Income Statements for Turning Point Brands

This table shows Turning Point Brands' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-29	9.15	27	20	25	16	38	52	12	38	40
Consolidated Net Income / (Loss)	-29	9.15	27	20	25	16	38	51	11	38	41
Net Income / (Loss) Continuing Operations	-29	9.15	27	20	25	16	38	51	31	38	48
Total Pre-Tax Income	-29	10	15	27	32	19	50	65	42	62	65
Total Operating Income	48	45	44	50	48	27	64	90	74	83	81
Total Gross Profit	93	96	101	125	143	137	190	218	178	183	202
Total Revenue	200	197	206	286	333	362	405	445	321	325	361
Operating Revenue	200	197	206	286	333	362	405	445	321	325	361
Total Cost of Revenue	107	101	106	161	190	225	215	228	143	142	159
Operating Cost of Revenue	107	101	106	161	190	225	215	228	143	142	159
Total Operating Expenses	45	52	57	75	94	110	126	128	104	100	121
Selling, General & Admin Expense	45	52	57	75	94	110	126	128	104	104	122
Other Operating Expenses / (Income)	-	-	-	-	-	-	-	0.00	0.00	-4.35	-1.67
Total Other Income / (Expense), net	-77	-34	-29	-23	-17	-8.13	-14	-25	-32	-21	-16
Interest Expense	43	34	30	6.12	2.38	1.31	0.00	-2.15	-0.89	-1.66	0.00
Interest & Investment Income	-34	0.00	0.89	-16	-14	-12	-13	-27	-33	-27	-16
Other Income / (Expense), net	-	-	-0.33	-0.18	-0.13	4.96	-0.99	0.00	0.00	4.00	0.00
Income Tax Expense	0.37	1.08	-12	7.28	6.29	2.86	12	14	11	24	17
Net Income / (Loss) Discontinued Operations	-	-	-	-	-	-	-	-	-20	-0.29	-7.52
Net Income / (Loss) Attributable to Noncontrolling Interest	-	0.00	0.00	-0.56	-	0.00	0.00	-0.80	-0.48	-0.68	0.70
Basic Earnings per Share	($4.07)	$1.27	$1.63	$1.06	$1.31	$0.83	$1.97	$2.75	$0.65	$2.19	$2.24
Weighted Average Basic Shares Outstanding	7.22M	7.20M	16.47M	18.99M	19.36M	19.63M	19.40M	18.92M	17.90M	17.58M	17.73M
Diluted Earnings per Share	($4.07)	$1.10	$1.49	$1.04	$1.28	$0.78	$1.85	$2.52	$0.64	$2.01	$2.14
Weighted Average Diluted Shares Outstanding	7.22M	8.35M	18.02M	19.51M	19.83M	23.24M	22.94M	22.38M	18.06M	20.47M	19.36M
Weighted Average Basic & Diluted Shares Outstanding	-	-	18.82M	19.10M	19.30M	19.72M	19.10M	18.27M	17.56M	17.62M	17.75M
Cash Dividends to Common per Share	-	-	-	-	-	-	-	-	$0.24	$0.26	$0.28

This table shows Turning Point Brands' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	12	-16	7.60	9.93	11	10	12	13	12	2.42
Consolidated Net Income / (Loss)	11	-16	7.34	9.71	11	9.87	12	13	12	3.06
Net Income / (Loss) Continuing Operations	11	3.81	7.34	9.71	11	10	12	13	12	11
Total Pre-Tax Income	15	6.09	9.81	13	15	25	16	17	17	15
Total Operating Income	20	17	18	21	20	24	19	23	21	18
Total Gross Profit	53	22	49	52	52	30	52	54	54	42
Total Revenue	108	9.61	101	106	102	17	97	109	106	49
Operating Revenue	108	9.61	101	106	102	17	97	109	106	49
Total Cost of Revenue	55	-12	52	53	50	-13	45	55	52	7.36
Operating Cost of Revenue	55	-12	52	53	50	-13	45	55	52	7.36
Total Operating Expenses	33	5.04	31	32	31	5.89	33	31	33	24
Selling, General & Admin Expense	33	5.04	31	32	31	10	33	33	33	24
Total Other Income / (Expense), net	-4.73	-11	-8.03	-7.50	-5.60	0.24	-3.36	-5.43	-3.57	-3.52
Interest & Investment Income	-4.73	-12	-8.81	-8.10	-6.09	-3.57	-3.36	-5.43	-3.57	-3.52
Income Tax Expense	3.80	2.27	2.47	3.34	3.77	14	3.73	4.42	4.60	4.19
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.24	0.20	-0.26	-0.22	0.04	-0.24	0.17	-0.09	-0.02	0.64
Basic Earnings per Share	$0.65	($0.90)	$0.43	$0.56	$0.62	$0.58	$0.68	$0.74	$0.70	$0.12
Weighted Average Basic Shares Outstanding	17.75M	17.90M	17.53M	17.58M	17.60M	17.58M	17.65M	17.66M	17.72M	17.73M
Diluted Earnings per Share	$0.60	($0.81)	$0.41	$0.53	$0.58	$0.49	$0.63	$0.68	$0.68	$0.15
Weighted Average Diluted Shares Outstanding	21.10M	18.06M	20.67M	20.41M	20.10M	20.47M	20.17M	20.16M	18.45M	19.36M
Weighted Average Basic & Diluted Shares Outstanding	17.56M	17.56M	17.59M	17.60M	17.60M	17.62M	17.62M	17.71M	17.70M	17.75M

This table details how cash moves in and out of Turning Point Brands' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	291	-3.63	-31	0.56	-1.65	122	-50	66	-32	11	-72
Net Cash From Operating Activities	4.97	24	9.13	30	13	38	44	68	30	67	67
Net Cash From Continuing Operating Activities	4.97	24	9.13	30	13	38	44	68	21	56	61
Net Income / (Loss) Continuing Operations	-29	9.15	27	20	25	16	38	51	31	38	48
Consolidated Net Income / (Loss)	-29	9.15	27	20	25	16	38	51	11	38	41
Net Income / (Loss) Discontinued Operations	-	-	-	-	-	-	-	-	-20	-0.29	-7.52
Depreciation Expense	0.93	1.06	1.23	1.63	2.11	2.64	3.24	3.11	2.86	2.92	4.44
Amortization Expense	2.50	2.50	2.20	1.77	1.96	2.91	4.01	4.45	3.10	3.64	3.65
Non-Cash Adjustments To Reconcile Net Income	-42	9.31	-2.71	6.99	3.80	-1.31	4.38	12	18	1.88	9.40
Changes in Operating Assets and Liabilities, net	-47	2.41	-19	-0.35	-20	17	-6.15	-2.63	-34	9.73	-4.57
Net Cash From Discontinued Operating Activities	-	-	-	-	-	-	-	-	8.98	11	6.10
Net Cash From Investing Activities	-1.31	-2.03	-56	-1.12	-25	16	-65	-59	-19	-5.91	-11
Net Cash From Continuing Investing Activities	-1.31	-2.03	-56	-1.12	-25	16	-65	-59	-19	-5.91	-11
Purchase of Property, Plant & Equipment	-	-1.60	-3.21	-2.02	-2.27	-4.82	-6.14	-6.16	-7.83	-5.71	-4.62
Acquisitions	0.00	0.00	-24	-0.18	-21	-9.13	-59	-33	0.00	0.00	-0.50
Purchase of Investments	-	0.00	0.00	-	-	-	-	-	-1.00	-0.20	-11
Sale of Property, Plant & Equipment	1.31	0.00	-	0.00	0.00	0.12	0.00	0.05	0.04	0.00	0.01
Sale and/or Maturity of Investments	-	-	0.00	0.00	6.50	30	0.00	-20	0.00	0.00	5.42
Other Investing Activities, net	0.00	-0.43	-29	0.82	-7.74	-	-	-	-10	0.00	0.05
Net Cash From Discontinued Investing Activities	-	-	-	-	-	-	-	-	0.18	0.00	0.00
Net Cash From Financing Activities	288	-26	16	-28	9.93	68	-29	57	-43	-50	-128
Net Cash From Continuing Financing Activities	288	-26	16	-28	9.93	68	-29	57	-43	-50	-128
Repayment of Debt	-	-24	-49	-232	-215	-81	-20	-147	0.00	-2.44	-119
Repurchase of Common Equity	0.00	-2.05	-5.50	-0.45	0.00	0.00	-10	-39	-29	0.00	-5.05
Payment of Dividends	-	0.00	0.00	-0.77	-2.32	-3.53	-3.80	-4.10	-4.25	-4.50	-4.91
Other Financing Activities, net	11	0.00	-0.57	-3.18	1.15	-20	-2.40	-3.61	-9.83	-43	0.35
Net Cash From Discontinued Financing Activities	-	-	-	-	-	-	-	-	0.00	0.00	0.00
Cash Interest Paid	38	23	35	16	14	12	11	13	19	18	17
Cash Income Taxes Paid	0.33	1.03	0.62	1.81	3.22	11	3.38	16	13	12	21

This table details how cash moves in and out of Turning Point Brands' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-1.48	0.73	-1.60	-4.29	-4.47	22	10	11	-109	16
Net Cash From Operating Activities	9.24	14	15	12	12	27	23	13	13	18
Net Cash From Continuing Operating Activities	9.24	4.91	15	12	12	16	23	13	13	12
Net Income / (Loss) Continuing Operations	11	3.81	7.34	9.71	11	10	12	13	12	11
Consolidated Net Income / (Loss)	11	-16	7.34	9.71	11	9.87	12	13	12	3.06
Depreciation Expense	0.86	0.25	0.78	0.76	0.85	0.53	0.94	0.97	1.48	1.05
Amortization Expense	1.10	-0.21	1.40	1.37	1.34	-0.47	1.48	1.48	1.33	-0.63
Non-Cash Adjustments To Reconcile Net Income	1.43	7.62	4.84	5.62	3.49	-12	2.03	4.57	1.55	1.26
Changes in Operating Assets and Liabilities, net	-5.45	-6.56	1.03	-5.31	-4.08	18	6.01	-6.50	-3.47	-0.61
Net Cash From Investing Activities	-2.06	-1.03	-2.43	-0.56	-1.41	-1.50	-7.99	0.01	-1.09	-1.45
Net Cash From Continuing Investing Activities	-2.06	-1.20	-2.43	-0.56	-1.41	-1.50	-7.99	0.01	-1.09	-1.45
Purchase of Property, Plant & Equipment	-0.97	-1.17	-2.44	-0.56	-1.21	-1.50	-0.37	-2.49	-0.66	-1.11
Acquisitions	-	1.00	0.00	-	-	-	-0.50	-	-0.75	0.75
Purchase of Investments	-	-	0.00	-	-0.20	-0.00	-7.12	-0.82	-0.93	-1.99
Sale of Property, Plant & Equipment	-	-0.03	0.00	-	-	-	0.00	0.00	0.00	0.00
Sale and/or Maturity of Investments	-0.09	10	-	-	-	-	-	-	1.25	0.86
Net Cash From Financing Activities	-8.66	-12	-15	-16	-16	-3.55	-4.57	-2.17	-121	-0.76
Net Cash From Continuing Financing Activities	-8.66	-12	-15	-16	-16	-3.55	-4.57	-2.17	-121	-0.76
Repurchase of Common Equity	-7.61	-2.19	0.00	-	-	-	-2.08	-0.97	-1.12	-0.88
Payment of Dividends	-1.08	-0.99	-1.05	-1.16	-1.15	-1.14	-1.15	-1.26	-1.24	-1.26
Other Financing Activities, net	0.03	-8.95	-0.50	-0.37	-42	0.03	-1.35	0.19	0.12	1.39

This table presents Turning Point Brands' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	242	285	282	339	447	496	602	572	569	493
Total Current Assets	64	79	79	112	189	163	249	258	268	198
Cash & Equivalents	4.84	2.87	2.61	3.31	95	42	128	106	117	46
Accounts Receivable	3.94	2.18	3.25	2.62	6.91	9.33	6.50	8.38	10	9.62
Inventories, net	44	62	63	91	71	86	88	120	92	96
Other Current Assets	11	12	10	15	16	26	27	23	37	35
Other Current Nonoperating Assets	-	-	-	-	-	-	-	-	12	11
Plant, Property, & Equipment, net	5.60	7.59	8.86	11	14	16	19	23	25	26
Total Noncurrent Assets	173	199	194	217	244	317	334	292	277	269
Noncurrent Note & Lease Receivables	-	-	-	-	-	-	-	-	11	12
Goodwill	129	134	135	146	154	160	162	136	136	136
Intangible Assets	8.55	27	26	35	33	79	87	84	66	65
Noncurrent Deferred & Refundable Income Taxes	0.00	6.29	0.45	-	-	0.61	1.36	8.44	1.47	1.00
Other Noncurrent Operating Assets	35	31	32	35	55	77	82	63	46	51
Other Noncurrent Nonoperating Assets	0.21	0.14	0.63	0.87	0.89	0.64	0.39	0.28	15	3.86
Total Liabilities & Shareholders' Equity	242	285	282	339	447	496	602	572	569	493
Total Liabilities	324	251	229	257	340	379	468	459	417	303
Total Current Liabilities	21	42	38	64	56	57	40	41	100	45
Short-Term Debt	1.67	17	16	34	15	12	0.00	0.00	58	0.00
Accounts Payable	4.09	9.15	3.69	6.84	14	9.20	7.36	8.36	7.79	12
Accrued Expenses	11	15	19	23	27	35	33	33	32	31
Other Current Nonoperating Liabilities	4.33	0.39	-	-	-	-	-	-	2.21	2.05
Total Noncurrent Liabilities	303	209	191	193	284	322	428	417	317	258
Long-Term Debt	291	202	186	187	269	302	414	407	307	249
Other Noncurrent Operating Liabilities	0.00	3.02	0.57	0.89	14	20	13	11	9.90	9.55
Other Noncurrent Nonoperating Liabilities	-	-	-	-	-	-	-	-	0.05	0.00
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-82	34	53	83	107	117	134	113	152	190
Total Preferred & Common Equity	-82	34	53	83	107	113	131	112	151	188
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-82	34	53	83	107	113	131	112	151	188
Common Stock	13	105	104	110	126	103	109	113	119	127
Retained Earnings	-91	-67	-48	-26	-15	24	71	79	112	147
Accumulated Other Comprehensive Income / (Loss)	-3.51	-4.05	-2.97	-2.54	-3.77	-2.64	-0.20	-2.39	-2.65	-2.90
Other Equity Adjustments	-	-	-	0.20	-	-10	-49	-78	-78	-83
Noncontrolling Interest	-	-	-	-	0.00	4.05	2.31	1.74	1.03	2.40

This table presents Turning Point Brands' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	600	560	560	554	586	592	488
Total Current Assets	256	247	252	247	279	290	185
Cash & Equivalents	106	105	101	96	131	142	34
Accounts Receivable	11	8.58	7.92	10	8.20	13	11
Inventories, net	114	114	125	117	105	102	106
Other Current Assets	25	20	18	23	34	33	34
Plant, Property, & Equipment, net	23	24	24	25	25	26	26
Total Noncurrent Assets	321	288	284	283	283	275	277
Goodwill	162	136	136	136	136	136	136
Intangible Assets	86	83	82	82	80	79	79
Noncurrent Deferred & Refundable Income Taxes	2.80	8.07	7.97	8.19	1.43	1.18	0.92
Other Noncurrent Operating Assets	70	61	57	56	62	56	59
Other Noncurrent Nonoperating Assets	0.31	0.26	0.23	0.20	2.31	2.15	1.98
Total Liabilities & Shareholders' Equity	600	560	560	554	586	592	488
Total Liabilities	469	440	430	414	425	418	301
Total Current Liabilities	42	36	42	87	109	161	44
Short-Term Debt	-	-	-	48	59	118	0.00
Accounts Payable	9.25	10	11	11	19	12	13
Accrued Expenses	33	26	31	27	31	30	30
Total Noncurrent Liabilities	427	404	389	327	316	257	257
Long-Term Debt	416	394	379	317	306	248	248
Other Noncurrent Operating Liabilities	11	10	9.53	10	9.36	8.83	9.06
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	131	120	129	140	161	174	187
Total Preferred & Common Equity	129	118	128	139	160	173	186
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	129	118	128	139	160	173	186
Common Stock	112	114	115	117	120	122	124
Retained Earnings	96	85	94	104	123	135	146
Accumulated Other Comprehensive Income / (Loss)	-3.42	-2.23	-3.18	-3.86	-3.05	-3.07	-2.11
Other Equity Adjustments	-76	-78	-78	-78	-80	-81	-82
Noncontrolling Interest	1.59	1.45	1.18	1.31	1.19	1.10	1.09

This table displays calculated financial ratios and metrics derived from Turning Point Brands' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	-1.53%	4.55%	38.57%	16.41%	8.81%	11.91%	9.96%	-27.89%	1.19%	10.95%
EBITDA Growth	0.00%	-6.64%	-2.19%	12.52%	-0.92%	-28.00%	87.31%	38.46%	-18.30%	16.95%	-4.92%
EBIT Growth	0.00%	-7.38%	-2.08%	13.57%	-2.32%	-33.43%	97.07%	42.38%	-18.06%	17.50%	-7.05%
NOPAT Growth	0.00%	18.37%	99.11%	-54.28%	7.12%	-40.39%	111.97%	44.50%	-22.86%	-6.96%	17.46%
Net Income Growth	0.00%	131.11%	194.16%	-26.98%	28.68%	-35.81%	135.27%	34.22%	-78.24%	238.63%	7.22%
EPS Growth	0.00%	127.03%	35.45%	-30.20%	23.08%	-39.06%	137.18%	36.22%	-74.60%	214.06%	6.47%
Operating Cash Flow Growth	0.00%	392.04%	-62.64%	225.26%	-55.91%	188.73%	15.57%	56.18%	-55.62%	120.93%	0.27%
Free Cash Flow Firm Growth	0.00%	0.00%	123.33%	-14.93%	-124.27%	437.40%	-264.39%	189.94%	47.67%	46.36%	-36.54%
Invested Capital Growth	0.00%	0.00%	18.83%	0.98%	18.66%	-1.51%	32.09%	7.70%	-1.37%	-9.08%	0.97%
Revenue Q/Q Growth	0.00%	0.00%	3.56%	7.42%	6.64%	-3.74%	6.59%	0.00%	-22.95%	-21.04%	-11.67%
EBITDA Q/Q Growth	0.00%	0.00%	-2.67%	0.36%	1.25%	-38.35%	99.45%	-3.31%	-4.51%	9.52%	-7.84%
EBIT Q/Q Growth	0.00%	0.00%	-2.81%	0.44%	0.62%	-42.59%	123.45%	-3.70%	-2.51%	13.02%	-6.56%
NOPAT Q/Q Growth	0.00%	0.00%	91.09%	-45.92%	6.12%	-46.50%	147.65%	-2.59%	-6.28%	-1.83%	8.61%
Net Income Q/Q Growth	0.00%	0.00%	120.62%	-40.84%	6.15%	-47.67%	172.64%	-5.74%	-71.04%	220.21%	-14.39%
EPS Q/Q Growth	0.00%	0.00%	52.04%	-38.46%	6.67%	-50.00%	193.65%	-4.91%	-68.32%	183.10%	-13.71%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-48.75%	-1.02%	27.42%	17.64%	-14.32%	13.61%	-13.61%	24.11%	-11.99%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	31.59%	1.04%	60.33%	-2,657.99%	426.40%	25.73%	5.66%	-12.71%
Invested Capital Q/Q Growth	0.00%	0.00%	16.27%	-1.55%	-0.60%	-9.89%	12.81%	-2.59%	-6.17%	-8.04%	-4.99%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	46.51%	48.82%	48.75%	43.73%	42.85%	37.88%	46.90%	48.90%	55.36%	56.28%	55.89%
EBITDA Margin	25.70%	24.37%	22.80%	18.51%	15.75%	10.43%	17.45%	21.97%	24.89%	28.77%	24.66%
Operating Margin	23.99%	22.57%	21.30%	17.38%	14.57%	7.52%	15.90%	20.28%	23.04%	25.52%	22.41%
EBIT Margin	23.99%	22.57%	21.13%	17.32%	14.53%	8.89%	15.66%	20.28%	23.04%	26.75%	22.41%
Profit (Net Income) Margin	-14.68%	4.64%	13.05%	6.88%	7.60%	4.48%	9.43%	11.51%	3.47%	11.62%	11.23%
Tax Burden Percent	101.27%	89.46%	180.53%	72.97%	80.09%	85.01%	76.16%	78.50%	26.52%	60.87%	62.37%
Interest Burden Percent	-60.42%	22.98%	34.20%	54.41%	65.30%	59.32%	79.05%	72.30%	56.84%	71.37%	80.36%
Effective Tax Rate	0.00%	10.54%	-80.53%	27.03%	19.91%	14.99%	23.84%	21.50%	26.10%	38.67%	26.06%
Return on Invested Capital (ROIC)	0.00%	37.90%	34.49%	14.45%	14.09%	7.80%	14.35%	17.54%	13.14%	12.89%	15.82%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	16.88%	13.84%	6.44%	7.57%	4.38%	9.62%	10.49%	-1.73%	7.89%	6.50%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-60.32%	-147.68%	30.53%	23.12%	9.36%	19.74%	23.27%	-4.11%	15.58%	7.84%
Return on Equity (ROE)	0.00%	-22.42%	-113.19%	44.98%	37.20%	17.16%	34.09%	40.81%	9.03%	28.47%	23.66%
Cash Return on Invested Capital (CROIC)	0.00%	-162.10%	17.28%	13.47%	-2.98%	9.32%	-13.30%	10.12%	14.51%	22.41%	14.86%
Operating Return on Assets (OROA)	0.00%	18.36%	16.53%	17.45%	15.56%	8.19%	13.46%	16.46%	12.61%	15.24%	15.21%
Return on Assets (ROA)	0.00%	3.77%	10.20%	6.93%	8.14%	4.13%	8.10%	9.34%	1.90%	6.62%	7.62%
Return on Common Equity (ROCE)	0.00%	-22.44%	-113.36%	44.98%	37.20%	17.16%	33.47%	39.78%	8.88%	28.18%	23.43%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-11.21%	79.02%	36.86%	30.61%	15.23%	33.67%	39.01%	9.99%	25.02%	21.55%
Net Operating Profit after Tax (NOPAT)	34	40	79	36	39	23	49	71	55	51	60
NOPAT Margin	16.79%	20.19%	38.45%	12.69%	11.67%	6.39%	12.11%	15.92%	17.03%	15.65%	16.57%
Net Nonoperating Expense Percent (NNEP)	0.00%	21.03%	20.65%	8.01%	6.52%	3.42%	4.73%	7.05%	14.87%	5.00%	9.32%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	10.51%	9.83%	13.61%
Cost of Revenue to Revenue	53.49%	51.18%	51.25%	56.27%	57.15%	62.12%	53.10%	51.10%	44.64%	43.72%	44.11%
SG&A Expenses to Revenue	22.52%	26.25%	27.46%	26.35%	28.28%	30.36%	30.99%	28.62%	32.32%	32.09%	33.94%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	22.52%	26.25%	27.46%	26.35%	28.28%	30.36%	30.99%	28.62%	32.32%	30.76%	33.48%
Earnings before Interest and Taxes (EBIT)	48	45	44	50	48	32	63	90	74	87	81
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	51	48	47	53	52	38	71	98	80	94	89
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	6.26	7.24	6.16	5.08	7.30	5.29	3.34	3.05	5.66
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	1.03	1.35	1.53	1.49	2.04	1.56	1.16	1.41	2.95
Price to Earnings (P/E)	0.00	0.00	7.92	19.11	20.14	33.33	21.69	13.35	32.03	11.96	26.72
Dividend Yield	0.00%	0.00%	0.00%	0.20%	0.63%	0.65%	0.46%	0.60%	1.13%	1.00%	0.47%
Earnings Yield	0.00%	0.00%	12.62%	5.23%	4.97%	3.00%	4.61%	7.49%	3.12%	8.36%	3.74%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	1.72	2.32	2.43	2.48	2.84	2.35	1.63	1.89	3.34
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	2.08	2.05	2.18	2.02	2.73	2.21	2.10	2.18	3.52
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	9.12	11.07	13.86	19.34	15.63	10.05	8.44	7.59	14.26
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	9.83	11.83	15.03	22.67	17.41	10.89	9.12	8.16	15.69
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	5.41	16.15	18.71	31.53	22.51	13.87	12.34	13.94	21.22
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	46.96	19.72	55.51	19.31	25.29	14.41	22.29	10.61	18.91
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	10.79	17.33	0.00	26.38	0.00	24.03	11.17	8.02	22.60
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	-3.58	6.41	3.79	2.67	2.67	2.67	3.10	3.59	2.40	1.31
Long-Term Debt to Equity	0.00	-3.56	5.92	3.49	2.26	2.52	2.57	3.10	3.59	2.02	1.31
Financial Leverage	0.00	-3.57	-10.67	4.74	3.06	2.14	2.05	2.22	2.37	1.97	1.21
Leverage Ratio	0.00	-2.97	-11.09	6.49	4.57	4.15	4.21	4.37	4.75	4.30	3.10
Compound Leverage Factor	0.00	-0.68	-3.79	3.53	2.99	2.46	3.33	3.16	2.70	3.07	2.49
Debt to Total Capital	0.00%	138.71%	86.50%	79.12%	72.76%	72.72%	72.78%	75.59%	78.20%	70.62%	56.63%
Short-Term Debt to Total Capital	0.00%	0.79%	6.61%	6.21%	11.21%	3.90%	2.78%	0.00%	0.00%	11.27%	0.00%
Long-Term Debt to Total Capital	0.00%	137.92%	79.89%	72.91%	61.55%	68.82%	70.00%	75.59%	78.20%	59.35%	56.63%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.94%	0.42%	0.33%	0.20%	0.55%
Common Equity to Total Capital	0.00%	-38.74%	13.50%	20.88%	27.24%	27.28%	26.28%	23.98%	21.46%	29.18%	42.82%
Debt to EBITDA	0.00	6.08	4.64	3.82	4.21	7.53	4.44	4.23	5.09	3.91	2.80
Net Debt to EBITDA	0.00	5.98	4.58	3.77	4.15	5.01	3.85	2.92	3.76	2.66	2.28
Long-Term Debt to EBITDA	0.00	6.05	4.29	3.52	3.56	7.13	4.27	4.23	5.09	3.28	2.80
Debt to NOPAT	0.00	7.34	2.75	5.57	5.68	12.28	6.40	5.84	7.44	7.18	4.16
Net Debt to NOPAT	0.00	7.22	2.72	5.50	5.60	8.16	5.55	4.03	5.49	4.89	3.39
Long-Term Debt to NOPAT	0.00	7.30	2.54	5.14	4.81	11.62	6.16	5.84	7.44	6.03	4.16
Altman Z-Score	0.00	0.00	1.57	2.54	2.71	2.31	2.88	2.71	2.12	2.37	4.17
Noncontrolling Interest Sharing Ratio	0.00%	-0.09%	-0.15%	0.00%	0.00%	0.00%	1.81%	2.53%	1.64%	1.04%	1.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	3.03	1.90	2.08	1.75	3.39	2.89	6.18	6.23	2.67	4.42
Quick Ratio	0.00	0.42	0.12	0.15	0.09	1.83	0.90	3.34	2.77	1.26	1.24
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-170	40	34	-8.20	28	-45	41	60	88	56
Operating Cash Flow to CapEx	0.00%	1,526.88%	284.63%	1,469.07%	577.42%	805.52%	712.30%	1,117.94%	388.17%	1,172.53%	1,452.19%
Free Cash Flow to Firm to Interest Expense	0.00	-4.97	1.34	5.53	-3.44	21.16	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.12	0.71	0.31	4.85	5.49	28.90	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.15	0.67	0.20	4.52	4.54	25.31	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.81	0.78	1.01	1.07	0.92	0.86	0.81	0.55	0.57	0.68
Accounts Receivable Turnover	0.00	50.07	67.38	105.28	113.45	76.02	49.90	56.29	43.20	35.37	36.75
Inventory Turnover	0.00	2.28	1.98	2.56	2.46	2.77	2.74	2.62	1.38	1.34	1.69
Fixed Asset Turnover	0.00	35.21	31.26	34.75	34.21	29.67	27.61	26.07	15.50	13.56	14.01
Accounts Payable Turnover	0.00	24.70	15.96	25.05	36.12	21.45	18.44	27.49	18.25	17.60	16.34
Days Sales Outstanding (DSO)	0.00	7.29	5.42	3.47	3.22	4.80	7.31	6.48	8.45	10.32	9.93
Days Inventory Outstanding (DIO)	0.00	160.30	183.95	142.41	148.34	131.65	133.05	139.07	264.11	271.73	215.60
Days Payable Outstanding (DPO)	0.00	14.78	22.86	14.57	10.10	17.02	19.79	13.28	20.00	20.74	22.33
Cash Conversion Cycle (CCC)	0.00	152.81	166.51	131.30	141.45	119.44	120.58	132.27	252.56	261.32	203.20
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	210	250	252	299	295	389	419	413	376	380
Invested Capital Turnover	0.00	1.88	0.90	1.14	1.21	1.22	1.18	1.10	0.77	0.82	0.95
Increase / (Decrease) in Invested Capital	0.00	210	40	2.45	47	-4.53	95	30	-5.73	-38	3.64
Enterprise Value (EV)	0.00	0.00	429	586	727	730	1,105	983	675	710	1,268
Market Capitalization	0.00	0.00	213	386	509	541	828	695	373	460	1,064
Book Value per Share	$0.00	($11.35)	$1.86	$2.78	$4.23	$5.42	$5.92	$6.96	$6.36	$8.58	$10.62
Tangible Book Value per Share	$0.00	($30.42)	($6.95)	($5.61)	($5.05)	($4.13)	($6.55)	($6.27)	($6.16)	($2.94)	($0.75)
Total Capital	0.00	211	252	255	303	391	432	548	520	517	439
Total Debt	0.00	292	218	202	221	284	314	414	407	365	249
Total Long-Term Debt	0.00	291	202	186	187	269	302	414	407	307	249
Net Debt	0.00	288	215	199	217	189	272	286	300	249	202
Capital Expenditures (CapEx)	-1.31	1.60	3.21	2.02	2.27	4.69	6.13	6.10	7.80	5.70	4.62
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	40	51	55	79	53	77	81	110	109	107
Debt-free Net Working Capital (DFNWC)	0.00	44	54	57	82	149	119	209	216	226	153
Net Working Capital (NWC)	0.00	43	37	41	48	133	107	209	216	167	153
Net Nonoperating Expense (NNE)	63	31	52	17	14	6.91	11	20	44	13	19
Net Nonoperating Obligations (NNO)	0.00	292	216	199	217	188	272	285	300	224	189
Total Depreciation and Amortization (D&A)	3.43	3.56	3.43	3.40	4.06	5.55	7.25	7.55	5.96	6.56	8.09
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	20.10%	24.78%	19.07%	23.68%	14.74%	19.01%	18.07%	34.20%	33.49%	29.73%
Debt-free Net Working Capital to Revenue	0.00%	22.55%	26.17%	19.99%	24.67%	41.05%	29.32%	46.88%	67.33%	69.39%	42.53%
Net Working Capital to Revenue	0.00%	21.71%	18.08%	14.44%	14.45%	36.84%	26.36%	46.88%	67.33%	51.46%	42.53%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($4.07)	$1.27	$1.63	$1.06	$1.31	$0.70	$1.70	$2.75	$0.65	$2.19	$2.24
Adjusted Weighted Average Basic Shares Outstanding	7.22M	7.20M	16.47M	18.99M	19.36M	19.63M	19.40M	18.92M	17.90M	17.58M	17.73M
Adjusted Diluted Earnings per Share	($4.07)	$1.10	$1.49	$1.04	$1.28	$0.69	$1.67	$2.52	$0.64	$2.01	$2.14
Adjusted Weighted Average Diluted Shares Outstanding	7.22M	8.35M	18.02M	19.51M	19.83M	20.04M	19.73M	22.38M	18.06M	20.47M	19.36M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.70	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	18.82M	19.22M	19.56M	19.72M	19.10M	18.27M	17.56M	17.62M	17.75M
Normalized Net Operating Profit after Tax (NOPAT)	34	40	31	36	39	23	49	71	55	51	60
Normalized NOPAT Margin	16.79%	20.19%	14.91%	12.69%	11.67%	6.39%	12.11%	15.92%	17.03%	15.65%	16.57%
Pre Tax Income Margin	-14.49%	5.18%	7.23%	9.42%	9.49%	5.28%	12.38%	14.66%	13.10%	19.09%	18.01%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.12	1.30	1.47	8.09	20.28	24.61	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.79	1.16	2.68	5.93	16.29	17.70	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	1.15	1.25	1.37	7.76	19.33	21.02	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.82	1.11	2.57	5.60	15.34	14.11	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	3.93%	9.17%	21.75%	9.96%	7.99%	38.09%	11.90%	12.11%
Augmented Payout Ratio	0.00%	22.40%	20.44%	6.23%	9.17%	21.75%	36.64%	83.44%	300.03%	11.90%	24.58%

This table displays calculated financial ratios and metrics derived from Turning Point Brands' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.91%	-90.87%	0.06%	2.59%	-5.64%	74.76%	-3.86%	2.76%	3.83%	194.64%
EBITDA Growth	-10.23%	-18.33%	-5.63%	12.65%	2.99%	44.80%	8.34%	11.19%	4.04%	-23.41%
EBIT Growth	-11.41%	-10.18%	-7.21%	13.22%	2.10%	44.75%	7.98%	10.79%	1.45%	-24.91%
NOPAT Growth	-13.60%	-29.30%	-9.02%	9.64%	1.30%	-4.55%	10.47%	10.96%	-0.44%	30.24%
Net Income Growth	-15.93%	-243.21%	-31.84%	86.48%	-3.82%	161.21%	65.88%	33.06%	13.74%	-69.03%
EPS Growth	-7.69%	-242.11%	-25.45%	76.67%	-3.33%	160.49%	53.66%	28.30%	17.24%	-69.39%
Operating Cash Flow Growth	-23.95%	-25.56%	17.98%	306.23%	34.98%	93.58%	47.16%	10.61%	6.19%	-33.99%
Free Cash Flow Firm Growth	106.66%	207.72%	235.11%	390.44%	933.74%	192.78%	16.78%	-33.74%	-48.33%	-80.15%
Invested Capital Growth	2.39%	-1.37%	-2.81%	-6.40%	-7.23%	-9.08%	-3.58%	-2.85%	-2.27%	0.97%
Revenue Q/Q Growth	4.74%	-91.09%	-2.36%	4.60%	-3.67%	-83.49%	-0.06%	11.80%	-2.67%	-53.16%
EBITDA Q/Q Growth	8.22%	-22.63%	-1.27%	13.29%	-1.06%	8.77%	-17.42%	16.26%	-7.43%	-19.92%
EBIT Q/Q Growth	9.23%	-15.18%	-2.60%	15.15%	-1.50%	20.26%	-19.57%	18.15%	-9.81%	-10.99%
NOPAT Q/Q Growth	6.39%	-29.02%	4.14%	14.49%	-1.71%	-33.12%	51.03%	15.00%	-11.81%	-12.50%
Net Income Q/Q Growth	117.00%	-242.67%	145.55%	32.23%	11.93%	-9.21%	23.46%	6.06%	-4.32%	-75.28%
EPS Q/Q Growth	100.00%	-235.00%	150.62%	29.27%	9.43%	-15.52%	28.57%	7.94%	0.00%	-77.94%
Operating Cash Flow Q/Q Growth	256.85%	50.26%	10.80%	-21.03%	2.66%	115.49%	-15.77%	-40.64%	-1.44%	33.96%
Free Cash Flow Firm Q/Q Growth	130.52%	258.44%	35.56%	71.64%	8.64%	1.52%	12.12%	-2.62%	-15.29%	-61.01%
Invested Capital Q/Q Growth	1.16%	-6.17%	-1.21%	-0.18%	0.26%	-8.04%	-0.80%	0.57%	0.87%	-4.99%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	48.90%	227.47%	48.16%	49.70%	50.75%	180.01%	53.49%	49.62%	50.84%	85.12%
EBITDA Margin	20.20%	175.39%	19.83%	21.47%	22.05%	145.32%	22.34%	23.23%	22.10%	37.78%
Operating Margin	18.39%	174.98%	17.67%	19.46%	19.89%	144.93%	19.85%	20.98%	19.44%	36.94%
EBIT Margin	18.39%	174.98%	17.67%	19.46%	19.89%	144.93%	19.85%	20.98%	19.44%	36.94%
Profit (Net Income) Margin	10.48%	-167.75%	7.27%	9.19%	10.68%	58.75%	12.55%	11.90%	11.70%	6.18%
Tax Burden Percent	74.84%	-264.82%	74.84%	74.41%	74.26%	40.14%	76.57%	74.53%	72.87%	20.70%
Interest Burden Percent	76.15%	36.20%	54.98%	63.50%	72.31%	100.99%	82.56%	76.14%	82.61%	80.76%
Effective Tax Rate	25.16%	37.36%	25.16%	25.59%	25.74%	58.70%	23.43%	25.47%	27.13%	28.36%
Return on Invested Capital (ROIC)	13.17%	84.57%	13.25%	14.34%	14.32%	49.30%	15.21%	15.73%	14.31%	25.26%
ROIC Less NNEP Spread (ROIC-NNEP)	12.00%	75.46%	11.17%	12.44%	12.88%	49.23%	14.22%	14.11%	13.23%	20.41%
Return on Net Nonoperating Assets (RNNOA)	26.58%	178.83%	25.58%	28.35%	27.52%	97.20%	26.38%	23.30%	19.47%	24.62%
Return on Equity (ROE)	39.75%	263.39%	38.83%	42.70%	41.84%	146.50%	41.59%	39.04%	33.78%	49.88%
Cash Return on Invested Capital (CROIC)	11.03%	14.51%	14.66%	18.96%	19.71%	22.41%	16.81%	16.54%	15.91%	14.86%
Operating Return on Assets (OROA)	12.53%	95.78%	12.45%	13.97%	14.20%	82.55%	13.91%	14.74%	15.23%	25.07%
Return on Assets (ROA)	7.14%	-91.82%	5.12%	6.60%	7.62%	33.46%	8.79%	8.36%	9.17%	4.19%
Return on Common Equity (ROCE)	39.15%	259.08%	38.29%	42.19%	41.39%	144.97%	41.20%	38.74%	33.54%	49.38%
Return on Equity Simple (ROE_SIMPLE)	29.87%	0.00%	6.52%	9.55%	8.49%	0.00%	26.64%	26.51%	25.49%	0.00%
Net Operating Profit after Tax (NOPAT)	15	11	13	15	15	10	15	17	15	13
NOPAT Margin	13.76%	109.60%	13.23%	14.48%	14.77%	59.86%	15.20%	15.63%	14.16%	26.46%
Net Nonoperating Expense Percent (NNEP)	1.18%	9.10%	2.08%	1.90%	1.44%	0.07%	0.99%	1.62%	1.08%	4.86%
Return On Investment Capital (ROIC_SIMPLE)	-	2.02%	-	-	-	1.94%	-	-	-	2.98%
Cost of Revenue to Revenue	51.10%	-127.47%	51.84%	50.30%	49.25%	-80.01%	46.51%	50.38%	49.16%	14.88%
SG&A Expenses to Revenue	30.51%	52.49%	30.48%	30.24%	30.85%	60.95%	33.64%	30.18%	31.41%	48.19%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	30.51%	52.49%	30.48%	30.24%	30.85%	35.07%	33.64%	28.64%	31.41%	48.19%
Earnings before Interest and Taxes (EBIT)	20	17	18	21	20	24	19	23	21	18
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	22	17	20	23	22	24	22	25	23	19
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.88	3.34	3.07	3.26	2.90	3.05	3.22	3.27	4.12	5.66
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.89	1.16	0.88	1.00	0.98	1.41	1.28	1.40	1.87	2.95
Price to Earnings (P/E)	9.43	32.03	44.19	32.81	33.45	11.96	12.01	12.31	16.09	26.72
Dividend Yield	1.13%	1.13%	1.18%	1.05%	1.11%	1.00%	0.91%	0.84%	0.64%	0.47%
Earnings Yield	10.60%	3.12%	2.26%	3.05%	2.99%	8.36%	8.32%	8.13%	6.21%	3.74%
Enterprise Value to Invested Capital (EV/IC)	1.55	1.63	1.60	1.71	1.65	1.89	1.91	2.00	2.45	3.34
Enterprise Value to Revenue (EV/Rev)	1.64	2.10	1.58	1.67	1.63	2.18	1.87	1.96	2.40	3.52
Enterprise Value to EBITDA (EV/EBITDA)	8.16	8.44	7.96	8.24	7.88	7.59	8.07	8.27	10.16	14.26
Enterprise Value to EBIT (EV/EBIT)	9.00	9.12	8.83	9.12	8.74	8.16	8.94	9.17	11.33	15.69
Enterprise Value to NOPAT (EV/NOPAT)	11.71	12.34	13.37	13.41	12.98	13.94	14.22	14.42	17.81	21.22
Enterprise Value to Operating Cash Flow (EV/OCF)	19.51	22.29	20.06	13.78	12.48	10.61	10.13	10.49	12.86	18.91
Enterprise Value to Free Cash Flow (EV/FCFF)	14.23	11.17	10.77	8.73	8.04	8.02	11.14	11.90	15.24	22.60
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	3.19	3.59	3.28	2.93	2.60	2.40	2.27	2.11	1.33	1.31
Long-Term Debt to Equity	3.19	3.59	3.28	2.93	2.26	2.02	1.90	1.43	1.33	1.31
Financial Leverage	2.22	2.37	2.29	2.28	2.14	1.97	1.85	1.65	1.47	1.21
Leverage Ratio	4.52	4.75	4.68	4.53	4.26	4.30	4.08	3.80	3.19	3.10
Compound Leverage Factor	3.44	1.72	2.57	2.87	3.08	4.34	3.37	2.89	2.63	2.51
Debt to Total Capital	76.11%	78.20%	76.64%	74.58%	72.24%	70.62%	69.42%	67.81%	57.07%	56.63%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	9.55%	11.27%	11.27%	21.92%	0.00%	0.00%
Long-Term Debt to Total Capital	76.11%	78.20%	76.64%	74.58%	62.68%	59.35%	58.15%	45.89%	57.07%	56.63%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.29%	0.33%	0.28%	0.23%	0.26%	0.20%	0.23%	0.20%	0.25%	0.55%
Common Equity to Total Capital	23.60%	21.46%	23.07%	25.19%	27.51%	29.18%	30.35%	31.99%	42.68%	42.82%
Debt to EBITDA	4.97	5.09	4.79	4.47	4.27	3.91	3.93	3.83	2.57	2.80
Net Debt to EBITDA	3.71	3.76	3.51	3.29	3.15	2.66	2.53	2.35	2.23	2.28
Long-Term Debt to EBITDA	4.97	5.09	4.79	4.47	3.71	3.28	3.29	2.59	2.57	2.80
Debt to NOPAT	7.13	7.44	8.04	7.28	7.04	7.18	6.93	6.68	4.51	4.16
Net Debt to NOPAT	5.32	5.49	5.90	5.35	5.19	4.89	4.45	4.09	3.90	3.39
Long-Term Debt to NOPAT	7.13	7.44	8.04	7.28	6.11	6.03	5.80	4.52	4.51	4.16
Altman Z-Score	1.93	1.79	2.01	2.14	2.06	2.00	2.16	2.20	3.26	3.75
Noncontrolling Interest Sharing Ratio	1.52%	1.64%	1.40%	1.19%	1.07%	1.04%	0.94%	0.75%	0.73%	1.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	6.11	6.23	6.80	6.04	2.85	2.67	2.55	1.80	4.21	4.42
Quick Ratio	2.80	2.77	3.12	2.60	1.23	1.26	1.27	0.96	1.01	1.24
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	4.54	16	25	43	47	48	29	29	24	9.45
Operating Cash Flow to CapEx	954.55%	1,157.00%	632.57%	2,177.24%	1,028.19%	1,790.54%	6,185.52%	539.68%	2,015.83%	1,605.52%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	245.37	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	138.54	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	130.80	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.68	0.55	0.70	0.72	0.71	0.57	0.70	0.70	0.78	0.68
Accounts Receivable Turnover	41.77	43.20	46.03	48.87	37.52	35.37	47.85	39.50	38.75	36.75
Inventory Turnover	1.98	1.38	1.94	1.79	1.81	1.34	1.78	1.73	1.78	1.69
Fixed Asset Turnover	20.79	15.50	18.48	17.97	17.47	13.56	16.34	15.99	16.11	14.01
Accounts Payable Turnover	18.81	18.25	10.67	16.99	20.44	17.60	13.30	17.30	16.08	16.34
Days Sales Outstanding (DSO)	8.74	8.45	7.93	7.47	9.73	10.32	7.63	9.24	9.42	9.93
Days Inventory Outstanding (DIO)	184.18	264.11	188.40	204.47	201.21	271.73	205.20	211.17	205.51	215.60
Days Payable Outstanding (DPO)	19.41	20.00	34.19	21.49	17.85	20.74	27.45	21.10	22.70	22.33
Cash Conversion Cycle (CCC)	173.50	252.56	162.14	190.46	193.09	261.32	185.37	199.31	192.23	203.20
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	441	413	408	408	409	376	394	396	400	380
Invested Capital Turnover	0.96	0.77	1.00	0.99	0.97	0.82	1.00	1.01	1.01	0.95
Increase / (Decrease) in Invested Capital	10	-5.73	-12	-28	-32	-38	-15	-12	-9.27	3.64
Enterprise Value (EV)	684	675	654	698	673	710	751	791	980	1,268
Market Capitalization	372	373	364	418	403	460	515	565	764	1,064
Book Value per Share	$7.23	$6.36	$6.75	$7.28	$7.89	$8.58	$9.08	$9.81	$10.48	$10.62
Tangible Book Value per Share	($6.68)	($6.16)	($5.73)	($5.13)	($4.50)	($2.94)	($3.21)	($2.43)	($1.66)	($0.75)
Total Capital	547	520	514	508	505	517	527	540	435	439
Total Debt	416	407	394	379	365	365	366	366	248	249
Total Long-Term Debt	416	407	394	379	317	307	306	248	248	249
Net Debt	310	300	289	279	269	249	235	224	215	202
Capital Expenditures (CapEx)	0.97	1.20	2.43	0.56	1.21	1.50	0.37	2.49	0.66	1.11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	108	110	106	109	112	109	98	105	107	107
Debt-free Net Working Capital (DFNWC)	214	216	211	210	208	226	229	247	141	153
Net Working Capital (NWC)	214	216	211	210	160	167	170	129	141	153
Net Nonoperating Expense (NNE)	3.54	27	6.01	5.58	4.16	0.19	2.57	4.05	2.60	10
Net Nonoperating Obligations (NNO)	310	300	289	278	269	224	233	222	213	189
Total Depreciation and Amortization (D&A)	1.96	0.04	2.17	2.13	2.20	0.07	2.42	2.45	2.81	0.42
Debt-free, Cash-free Net Working Capital to Revenue	25.96%	34.20%	25.52%	26.21%	27.27%	33.49%	24.46%	26.02%	26.28%	29.73%
Debt-free Net Working Capital to Revenue	51.31%	67.33%	50.77%	50.27%	50.61%	69.39%	57.06%	61.17%	34.49%	42.53%
Net Working Capital to Revenue	51.31%	67.33%	50.77%	50.27%	38.89%	51.46%	42.27%	31.88%	34.49%	42.53%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.65	($0.90)	$0.43	$0.56	$0.62	$0.58	$0.68	$0.74	$0.70	$0.12
Adjusted Weighted Average Basic Shares Outstanding	17.75M	17.90M	17.53M	17.58M	17.60M	17.58M	17.65M	17.66M	17.72M	17.73M
Adjusted Diluted Earnings per Share	$0.60	($0.81)	$0.41	$0.53	$0.58	$0.49	$0.63	$0.68	$0.68	$0.15
Adjusted Weighted Average Diluted Shares Outstanding	21.10M	18.06M	20.67M	20.41M	20.10M	20.47M	20.17M	20.16M	18.45M	19.36M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	17.56M	17.56M	17.59M	17.60M	17.60M	17.62M	17.62M	17.71M	17.70M	17.75M
Normalized Net Operating Profit after Tax (NOPAT)	15	11	13	15	15	17	15	17	15	13
Normalized NOPAT Margin	13.76%	109.60%	13.23%	14.48%	14.77%	101.45%	15.20%	15.63%	14.16%	26.46%
Pre Tax Income Margin	14.00%	63.34%	9.72%	12.35%	14.39%	146.36%	16.39%	15.97%	16.06%	29.83%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	125.44	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	51.81	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	117.71	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	44.07	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	11.16%	38.09%	55.38%	34.98%	36.83%	11.90%	10.78%	10.25%	10.12%	12.11%
Augmented Payout Ratio	128.55%	300.03%	296.09%	115.16%	55.40%	11.90%	15.66%	16.90%	18.93%	24.58%

Frequently Asked Questions About Turning Point Brands' Financials

When does Turning Point Brands's fiscal year end?

According to the most recent income statement we have on file, Turning Point Brands' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Turning Point Brands' net income changed over the last 10 years?

Turning Point Brands' net income appears to be on an upward trend, with a most recent value of $40.51 million in 2024, falling from -$29.41 million in 2014. The previous period was $37.78 million in 2023.

What is Turning Point Brands's operating income?

Turning Point Brands's total operating income in 2024 was $80.83 million, based on the following breakdown:

Total Gross Profit: $201.57 million
Total Operating Expenses: $120.73 million

How has Turning Point Brands revenue changed over the last 10 years?

Over the last 10 years, Turning Point Brands' total revenue changed from $200.33 million in 2014 to $360.66 million in 2024, a change of 80.0%.

How much debt does Turning Point Brands have?

Turning Point Brands' total liabilities were at $302.97 million at the end of 2024, a 27.4% decrease from 2023, and a 6.5% decrease since 2015.

How much cash does Turning Point Brands have?

In the past 9 years, Turning Point Brands' cash and equivalents has ranged from $2.61 million in 2017 to $128.32 million in 2021, and is currently $46.16 million as of their latest financial filing in 2024.

How has Turning Point Brands' book value per share changed over the last 10 years?

Over the last 10 years, Turning Point Brands' book value per share changed from 0.00 in 2014 to 10.62 in 2024, a change of 1,062.2%.

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This page (NYSE:TPB) was last updated on 4/16/2025 by MarketBeat.com Staff

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Turning Point Brands (TPB) Financials

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Turning Point Brands (TPB) Financials

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