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Companies / Consumer Staples / Turning Point Brands, Inc.
TPB

Turning Point Brands, Inc.

Ticker TPBLOUISVILLE, KYFiscal year ends DecemberBook value per share $21.66Diluted shares 19.9M

Turning Point Brands, Inc. (NYSE: TPB) manufactures, markets and distributes branded consumer products, primarily in alternative smoking accessories and other tobacco products, for adult consumers through wholesale distributors, retailers and e-commerce channels. Its two reportable segments are Zig-Zag Products, which… From the company’s description.

Over the twelve months to Jun 30, 2026, Turning Point Brands, Inc. reported revenue of $507.23M, up 34.1% from a year earlier, and net income of $59.64M. Its operating margin was 14.8%, and operations generated $32.21M in cash. In fiscal 2025, it reported revenue of $463.06M, up 28.4% from fiscal 2024, and net income of $68.15M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$463.06MFY2025
+28.4% year over year
Last 12 mo $507.23M
20.59%FY2025
−1.8 percentage points
Last 12 mo 14.79%
$68.15MFY2025
+68.2% year over year
Last 12 mo $59.64M
16.42%FY2025
−4.8 percentage points
Last 12 mo 10.36%
Cash & financing
$57.37MFY2025
−14.4% year over year
Last 12 mo $32.21M
$43.84MFY2025
−29.8% year over year
Last 12 mo $19.63M
0.86FY2025
Was 1.37× a year earlier
Last 12 mo 0.68
18.7MFY2025
−3.3% year over year
Last 12 mo 19.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Turning Point Brands, Inc. does

In the company’s own words

Turning Point Brands, Inc. (NYSE: TPB) manufactures, markets and distributes branded consumer products, primarily in alternative smoking accessories and other tobacco products, for adult consumers through wholesale distributors, retailers and e-commerce channels. Its two reportable segments are Zig-Zag Products, which sells rolling papers, tubes, cigar wraps, cigars and related accessories, and Stoker’s Products, which includes moist snuff tobacco, chewing tobacco and modern oral nicotine products. Major brands include Zig-Zag, Stoker’s, FRE, Beech-Nut and Trophy. The company distributes its products to approximately 900 direct wholesale customers and reaches about 220,000 retail locations in North America; it had 484 employees as of December 31, 2025. Its history includes acquiring Zig-Zag distribution rights in 1997, the Stoker’s brand in 2003 and assets that expanded its cigar and wrap offerings. Its website is www.turningpointbrands.com.

Company details
Sector
Consumer Staples
Industry (SIC)
Tobacco
Headquarters
LOUISVILLE, KY
Fiscal year end
December
CIK
1290677
SIC
2100

Financial performance, year by year

Fiscal 2016–2025 · USD
$-50.72M$101.45M$253.61M$405.78M$557.95M2016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Turning Point Brands, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

246
funds hold it
0 of 35
superinvestors hold it
$650.67M
held by funds, at market
38.8%
of shares held by funds
1
bond issues held by funds

Largest fund holders · Turning Point Brands, Inc.’s weight in each

First Trust SMID Cap Rising Dividend Achievers ETF
SDVY · First Trust Exchange-Traded Fund VI
0.67%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
THRIVENT SMALL CAP STOCK FUND
AASMX · Thrivent Mutual Funds
—of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.05%of fund net assets
Small Cap Value Fund
ASVIX · American Century Capital Portfolios, Inc.
0.95%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Turning Point Brands, Inc.’s bonds, as funds hold them

Funds report holding 1 issues of Turning Point Brands, Inc.’s debt, $107.67M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 7.63%, maturing 2032 to 2032.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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