balance equationreview2019-12-31
Difference 18503000 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
Revenue
$463.06M
Fiscal year ended 2025-12-31Operating income
$95.33M
Fiscal year ended 2025-12-31Free cash flow
$43.84M
Fiscal year ended 2025-12-31Turning Point Brands, Inc. (TPB) reported revenue of $463.06M and net income of $58.16M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Turning Point Brands, Inc.’s SEC filings, each linked to the filing it came from.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $463.06M | $360.66M | $325.06M | $321.23M | $445.47M | $405.11M | $361.99M | $332.68M | $285.78M | $206.23M |
| Cost of revenue | $198.75M | $159.10M | $142.12M | $143.40M | $227.64M | $215.12M | $224.87M | $190.12M | $160.81M | $105.68M |
| Gross profit | $264.31M | $201.56M | $182.94M | $177.83M | $217.83M | $189.99M | $137.12M | $142.56M | $124.97M | $100.54M |
| Operating income | $95.33M | $80.83M | $82.96M | $74.01M | $90.32M | $64.43M | $27.23M | $48.48M | $49.68M | $43.92M |
| Net income | $58.16M | $39.81M | $38.46M | $11.64M | $52.06M | $38.19M | $16.23M | $25.29M | $20.21M | $26.91M |
| Research & development | $900.00K | $1.30M | $600.00K | $600.00K | $1.10M | $1.30M | $2.50M | $2.50M | $2.30M | $2.00M |
| Weighted-average diluted shares | shares 18.73M | shares 19.36M | shares 20.47M | shares 18.06M | shares 22.38M | shares 22.94M | shares 23.24M | shares 19.83M | shares 19.51M | shares 18.02M |
| Pretax income | $83.14M | $64.96M | $62.06M | $42.07M | $65.30M | $50.15M | $19.10M | $31.57M | $26.93M | $14.91M |
| Income tax expense | $14.99M | $16.93M | $24.00M | $10.98M | $14.04M | $11.96M | $2.86M | $6.28M | $7.28M | -$12.00M |
| Diluted EPS | $3.11 | $2.14 | $2.01 | $0.64 | $2.52 | $1.85 | $0.78 | $1.28 | $1.04 | $1.49 |
| Selling, general & administrative | $168.99M | $122.41M | $104.33M | $103.82M | $127.51M | $125.56M | $109.89M | $94.08M | $75.29M | $56.63M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $222.76M | $48.94M | $117.89M | $106.40M | $128.32M | $41.76M | $95.25M | $3.31M | $2.61M | $2.86M |
| Total assets | $763.75M | $493.35M | $569.37M | $572.11M | $601.56M | $496.05M | $446.58M | $339.38M | $282.28M | $285.02M |
| Current assets | $417.15M | $198.20M | $267.63M | $257.65M | $249.17M | $163.40M | $189.25M | $111.85M | $79.49M | $78.86M |
| Total liabilities | $391.77M | $302.97M | $417.36M | $458.73M | $467.84M | $378.56M | $340.00M | $256.75M | $228.95M | $250.96M |
| Current liabilities | $75.01M | $44.82M | $100.35M | $41.38M | $40.34M | $56.63M | $55.89M | $63.77M | $38.23M | $41.57M |
| Total equity incl. NCI | $371.98M | $190.38M | $152.01M | $113.38M | $133.72M | $117.49M | $88.08M | $86.60M | $53.32M | $34.06M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $107.99M | $96.25M | $91.70M | $119.92M | $87.61M | $85.86M | $70.98M | $91.24M | $63.30M | $62.18M |
| Accounts receivable | $25.73M | $9.62M | $10.00M | $8.38M | $6.50M | $9.33M | $6.91M | $2.62M | $3.25M | $2.18M |
| Goodwill | $136.10M | $135.93M | $136.25M | $136.25M | $162.33M | $159.62M | $154.28M | $145.94M | $134.62M | $134.39M |
| Long-term debt | $293.62M | $248.60M | $307.06M | $406.76M | $414.17M | $302.11M | $268.95M | $186.72M | $186.19M | $201.54M |
| Accounts payable | $20.42M | $11.68M | $7.79M | $8.36M | $7.36M | $9.20M | $14.13M | $6.84M | $3.69M | $9.15M |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $57.37M | $67.06M | $66.88M | $30.27M | $68.22M | $43.68M | $37.80M | $13.09M | $29.69M | $9.13M |
| Capital expenditures | $13.53M | $4.62M | $5.71M | $7.83M | $6.16M | $6.14M | $4.82M | $2.27M | $2.02M | $3.21M |
| Investing cash flow | -$31.67M | -$10.51M | -$5.91M | -$18.79M | -$58.84M | -$64.82M | $15.90M | -$24.67M | -$1.12M | -$55.89M |
| Financing cash flow | $148.27M | -$128.28M | -$49.50M | -$43.30M | $57.07M | -$29.34M | $67.97M | $9.93M | -$28.02M | $15.73M |
| Net change in cash | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | -$50.48M | $121.66M | -$1.65M | $558.00K | -$31.03M |
| Stock-based compensation | $6.97M | $7.24M | $6.56M | $5.27M | $7.56M | $2.55M | $3.63M | $1.41M | $720.00K | $180.00K |
| Common dividends paid | $5.52M | $4.90M | $4.50M | $4.25M | $4.10M | $3.80M | $3.53M | $2.32M | $768.00K | $0 |
| Common share repurchases | $0 | $5.05M | $0 | $29.22M | $38.68M | $10.19M | $0 | $0 | Unavailable | $0 |
| Depreciation & amortization | Unavailable | Unavailable | $6.36M | $5.30M | $5.01M | $5.02M | $4.09M | $3.11M | $2.33M | $1.28M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $43.84M | $62.44M | $61.17M | $22.44M | $62.06M | $37.54M | $32.98M | $10.82M | $27.67M | $5.92M |
| Gross margin | 57.1% | 55.9% | 56.3% | 55.4% | 48.9% | 46.9% | 37.9% | 42.9% | 43.7% | 48.8% |
| Operating margin | 20.6% | 22.4% | 25.5% | 23.0% | 20.3% | 15.9% | 7.5% | 14.6% | 17.4% | 21.3% |
| FCF margin | 9.5% | 17.3% | 18.8% | 7.0% | 13.9% | 9.3% | 9.1% | 3.3% | 9.7% | 2.9% |
| SBC / revenue | 1.5% | 2.0% | 2.0% | 1.6% | 1.7% | 0.6% | 1.0% | 0.4% | 0.3% | 0.1% |
| Current ratio | 5.56x | 4.42x | 2.67x | 6.23x | 6.18x | 2.89x | 3.39x | 1.75x | 2.08x | 1.90x |
| Revenue YoY growth | 28.4% | 11.0% | 1.2% | -27.9% | 10.0% | 11.9% | 8.8% | 16.4% | 38.6% | Unavailable |
| Net margin | 12.6% | 11.0% | 11.8% | 3.6% | 11.7% | 9.4% | 4.5% | 7.6% | 7.1% | 13.1% |
| R&D / revenue | 0.2% | 0.4% | 0.2% | 0.2% | 0.2% | 0.3% | 0.7% | 0.8% | 0.8% | 1.0% |
| CapEx / revenue | 2.9% | 1.3% | 1.8% | 2.4% | 1.4% | 1.5% | 1.3% | 0.7% | 0.7% | 1.6% |
| Long-term debt / equity | 0.79x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 18.0% | 26.1% | 38.7% | 26.1% | 21.5% | 23.8% | 15.0% | 19.9% | 27.0% | -80.5% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open TPB in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-04View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-K · Filed 2026-03-02View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-08-11View SEC filing
10-Q · Filed 2025-05-07View SEC filing
Companies in the same industry
Reconciliation checks needing review
2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
balance equationreview2018-12-31
Difference 3977000 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.