Latest revenue
$124.3M
as of 2026-03-31
Latest net income
$11.7M
as of 2026-03-31
Net margin
9.4%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $1.74B
- Enterprise value
- $1.74B
- P/E (trailing)
- 30.0×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.3%
- 52-wk high
- $146.90
- 52-wk low
- $65.80
- Beta
- —
- Shares out
- 19.4M
5-year trend
What this company does
Item 1. Business Overview Turning Point Brands, Inc. (the “Company,” “we,” “our,” or “us”) is a leading manufacturer, marketer and distributor of branded consumer products. We sell a wide range of products to adult consumers consisting of staple products with our iconic brands Zig-Zag® and Stoker’s®. We primarily compete in the alternative smoking accessories and Other Tobacco Products (“OTP”) industries, among other markets. The alternative smoking accessories market is a dynamic market experiencing robust secular growth driven by cannabinoid legalization in the U.S. and Canada, and positively evolving consumer perception and acceptance in North America. The OTP industry, which consists of…
AI summary unavailable — showing raw filing excerpt
Generated from TPB's filing dated 2026-03-02
Key risks
Item 1A. Risk Factors The risk factors summarized and detailed below could materially harm our business, operating results and/or financial condition, impair our future prospects and/or cause the price of our common stock to decline. These are not all of the risks we face and other factors not presently known to us or that we currently believe are immaterial may also affect our business if they occur. Material risks that may affect our business, operating results and financial condition include, but are not necessarily limited to, those relating to: Risks Related to Our Business and Industry • declining sales of tobacco products and expected continuing decline of sales in the tobacco…
AI summary unavailable — showing raw filing excerpt
Generated from TPB's filing dated 2026-03-02
Profitability
Gross margin
57.1%
2.1%Operating margin
20.6%
8.1%Net margin
12.6%
13.8%Return on assets
7.6%
5.6%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $124.3M | +16.8% | $11.7M | -19.0% | 9.4% |
Q4 2025 2025-12-31 | $121.0M | +29.2% | $8.2M | +239.3% | 6.8% |
Q3 2025 2025-09-30 | $119.0M | +31.2% | $21.1M | +70.3% | 17.7% |
Q2 2025 2025-06-30 | $116.6M | +25.1% | $14.5M | +11.4% | 12.4% |
Q1 2025 2025-03-31 | $106.4M | +28.1% | $14.4M | +19.9% | 13.5% |
Q4 2024 2024-12-31 | $93.7M | — | $2.4M | — | 2.6% |
Q3 2024 2024-09-30 | $90.7M | -10.8% | $12.4M | +14.3% | 13.6% |
Q2 2024 2024-06-30 | $93.2M | -11.7% | $13.0M | +31.0% | 13.9% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Tobacco Products · SIC 2100
Your notes
Keep private notes on TPB — thesis, target price, catalysts to watch.
Visible only to you. Never shared. Never used to train AI.
Insider activity
Insider buying
$0
Insider selling
$20.4M
Net activity
−$20.4M
Distinct insiders
9
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value | |
|---|---|---|---|---|---|---|
| 2026-05-12 | Brian Wigginton Sr VP Finance & CAO | Sale | 4,000 | $91.67 | $366.7K | |
| 2026-03-04 | Andrew Flynn Chief Financial Officer | Sale | 2,000 | $97.57 | $195.1K |
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns TPB
Institutional value
$576.8M
Total shares held
8.0M
Distinct holders
130
-116 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 1.5M | $127.6M | +25.2K (+1.7%) | Added |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 816.2K | $70.8M | — | New |
| 3 | FIRST TRUST ADVISORS LP | 689.9K | $59.9M | +195.6K (+39.6%) | Added |
| 4 | DIMENSIONAL FUND ADVISORS LP | 453.8K | $39.4M | -9.2K (-2.0%) | Trimmed |
| 5 | Copeland Capital Management, LLC | 407.2K | $35.3M | +203.0K (+99.4%) | Added |
| 6 | VANGUARD PORTFOLIO MANAGEMENT LLC | 399.8K | $34.7M | — | New |
| 7 | JPMORGAN CHASE & CO | 289.4K | $24.9M | +236.8K (+450.0%) | Added |
| 8 | BANK OF MONTREAL /CAN/ | 156.7K | $13.6M | +15 (+0.0%) | Added |
| 9 | VANGUARD FIDUCIARY TRUST CO | 130.3K | $11.3M | — | New |
| 10 | Harspring Capital Management, LLC | 126.8K | $11.0M | -54.7K (-30.1%) | Trimmed |
| 11 | KING LUTHER CAPITAL MANAGEMENT CORP | 118.8K | $10.3M | +31.7K (+36.4%) | Added |
| 12 | Nuveen, LLC | 80.5K | $7.0M | +46.0K (+133.6%) | Added |
| 13 | Bank of New York Mellon Corp | 77.7K | $6.7M | -1.9K (-2.3%) | Trimmed |
| 14 | Universal- Beteiligungs- und Servicegesellschaft mbH | 71.6K | $6.2M | +0 (+0.0%) | No change |
| 15 | JANE STREET GROUP, LLC | 70.2K | $6.1M | -30.5K (-30.3%) | Trimmed |
| 16 | SEI INVESTMENTS CO | 68.7K | $6.0M | +21.8K (+46.5%) | Added |
| 17 | UBS Group AG | 67.5K | $5.9M | +45.8K (+210.8%) | Added |
| 18 | Ballast Asset Management, LP | 66.9K | $5.8M | +1.6K (+2.5%) | Added |
| 19 | Capelight Capital Asset Management LP | 56.0K | $4.9M | +20.0K (+55.6%) | Added |
| 20 | ENVESTNET ASSET MANAGEMENT INC | 53.0K | $4.6M | +15.8K (+42.5%) | Added |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once TPB's latest filing finishes processing.