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Turning Point Brands, Inc. (TPB) Fundamental Analysis & AI Grade 2026

TPB NYSE Tobacco Products DE CIK: 0001290677
Updated This Month • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
82% Confidence
N/A
C
82% Conf
Pending
Analysis scheduled

📊 TPB Key Takeaways

Revenue: $124.3M
Net Margin: 9.4%
Free Cash Flow: $-27.4M
Current Ratio: 5.87x
Debt/Equity: 0.76x
EPS: $3.11
AI Grade: C with 82% confidence
Turning Point Brands, Inc. (TPB) receives a C fundamental grade with 82% confidence from our AI analysis based on SEC 10-K filings. With revenue of $124.3M, net profit margin of 9.4%, and return on equity (ROE) of 3.0%, Turning Point Brands, Inc. demonstrates mixed fundamentals in the Consumer sector. Below is our complete TPB stock analysis for 2026.

Is Turning Point Brands, Inc. (TPB) a Good Investment?

Claude

Despite robust 28.4% revenue growth, net income declined 14.7% YoY signaling operational deterioration. Critical interest coverage of 0.8x combined with negative operating cash flow of -$22.3M makes debt service unsustainable without asset sales or external financing. Abysmal capital returns (ROE 3%, ROA 1.5%) suggest structural profitability challenges.

Turning Point Brands, Inc. Key Strengths (TPB)

Claude
  • + Strong revenue growth of 28.4% year-over-year demonstrates top-line expansion
  • + Healthy gross margin of 55.0% provides operational foundation
  • + Exceptional liquidity position with current ratio of 5.87x and cash reserves of $192.4M

TPB Stock Risks: Turning Point Brands, Inc. Investment Risks

Claude
  • ! Critical solvency risk: interest coverage ratio of 0.8x indicates inability to cover interest expenses from operating income
  • ! Negative operating cash flow (-$22.3M) and negative free cash flow (-$27.4M) are fundamentally unsustainable
  • ! Deteriorating profitability: net income declined 14.7% despite revenue growth of 28.4% indicating margin compression
  • ! Severely depressed capital efficiency: ROE of 3.0% and ROA of 1.5% show poor returns on invested capital
  • ! EPS growth of 45.3% driven by share buybacks rather than organic earnings improvement masks underlying weakness

Key Metrics to Watch

Claude
  • * Operating cash flow and free cash flow trends - must achieve sustained positive levels
  • * Interest coverage ratio - must improve above 1.0x to ensure debt service viability
  • * Operating margin stability - divergence between revenue and net income growth must reverse
  • * Debt refinancing schedule and covenant compliance
  • * Return metrics (ROE and ROA) - monitor capital efficiency improvement

Turning Point Brands, Inc. (TPB) Financial Metrics & Key Ratios

Revenue
$124.3M
Net Income
$11.7M
EPS (Diluted)
$3.11
Free Cash Flow
$-27.4M
Total Assets
$772.1M
Cash Position
$192.4M

💡 AI Analyst Insight

Strong liquidity with a 5.87x current ratio provides a solid financial cushion.

TPB Profit Margin, ROE & Profitability Analysis

Gross Margin 55.0%
Operating Margin 10.0%
Net Margin 9.4%
ROE 3.0%
ROA 1.5%
FCF Margin -22.0%

TPB vs Consumer Sector: How Turning Point Brands, Inc. Compares

How Turning Point Brands, Inc. compares to Consumer sector averages

Net Margin
TPB 9.4%
vs
Sector Avg 8.0%
TPB Sector
ROE
TPB 3.0%
vs
Sector Avg 18.0%
TPB Sector
Current Ratio
TPB 5.9x
vs
Sector Avg 1.5x
TPB Sector
Debt/Equity
TPB 0.8x
vs
Sector Avg 0.8x
TPB Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Turning Point Brands, Inc. Stock Overvalued? TPB Valuation Analysis 2026

Based on fundamental analysis, Turning Point Brands, Inc. has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
3.0%
Sector avg: 18%
Net Profit Margin
9.4%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.76x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Turning Point Brands, Inc. Balance Sheet: TPB Debt, Cash & Liquidity

Current Ratio
5.87x
Quick Ratio
4.05x
Debt/Equity
0.76x
Debt/Assets
50.1%
Interest Coverage
0.83x
Long-term Debt
$293.9M

TPB Revenue & Earnings Growth: 5-Year Financial Trend

TPB 5-year financial data: Year 2021: Revenue $445.5M, Net Income $16.2M, EPS $0.78. Year 2022: Revenue $445.5M, Net Income $38.2M, EPS $1.85. Year 2023: Revenue $445.5M, Net Income $52.1M, EPS $2.52. Year 2024: Revenue $360.7M, Net Income $11.6M, EPS $0.64. Year 2025: Revenue $463.1M, Net Income $38.5M, EPS $2.01.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Turning Point Brands, Inc.'s revenue has shown modest growth of 4% over the 5-year period. The most recent EPS of $2.01 reflects profitable operations.

TPB Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-22.0%
Free cash flow / Revenue

TPB Quarterly Earnings & Performance

Quarterly financial performance data for Turning Point Brands, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $106.4M $11.7M N/A
Q3 2025 $90.7M $12.4M $0.68
Q2 2025 $93.2M $13.0M $0.68
Q1 2025 $83.1M $12.0M $0.63
Q3 2024 $101.7M $10.8M $0.58
Q2 2024 $105.6M $9.9M $0.53
Q1 2024 $97.1M $7.6M $0.41
Q3 2023 $101.7M $10.8M $0.58

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Turning Point Brands, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$22.3M
Cash generated from operations
Capital Expenditures
$5.1M
Investment in assets
Dividends Paid
$1.7M
Returned to shareholders

TPB SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Turning Point Brands, Inc. (CIK: 0001290677)

📋 Recent SEC Filings

Date Form Document Action
May 13, 2026 4 xslF345X06/rdgdoc.xml View →
May 13, 2026 4 xslF345X06/rdgdoc.xml View →
May 13, 2026 4 xslF345X06/rdgdoc.xml View →
May 13, 2026 4 xslF345X06/rdgdoc.xml View →
May 13, 2026 4 xslF345X06/rdgdoc.xml View →

Frequently Asked Questions about TPB

What is the AI rating for TPB?

Turning Point Brands, Inc. (TPB) has an AI grade of C with 82% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TPB's key strengths?

Claude: Strong revenue growth of 28.4% year-over-year demonstrates top-line expansion. Healthy gross margin of 55.0% provides operational foundation.

What are the risks of investing in TPB?

Claude: Critical solvency risk: interest coverage ratio of 0.8x indicates inability to cover interest expenses from operating income. Negative operating cash flow (-$22.3M) and negative free cash flow (-$27.4M) are fundamentally unsustainable.

What is TPB's revenue and growth?

Turning Point Brands, Inc. reported revenue of $124.3M.

Does TPB pay dividends?

Turning Point Brands, Inc. pays dividends, with $1.7M distributed to shareholders in the trailing twelve months.

Where can I find TPB SEC filings?

Official SEC filings for Turning Point Brands, Inc. (CIK: 0001290677) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TPB's EPS?

Turning Point Brands, Inc. has a diluted EPS of $3.11.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is TPB's fundamental grade?

Based on our AI fundamental analysis in June 2026, Turning Point Brands, Inc. has a C grade with 82% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is TPB stock overvalued or undervalued?

Valuation metrics for TPB: ROE of 3.0% (sector avg: 18%), net margin of 9.4% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.

What is TPB's AI grade for 2026?

Our dual AI analysis gives Turning Point Brands, Inc. a combined C grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is TPB's free cash flow?

Turning Point Brands, Inc.'s operating cash flow is $-22.3M, with capital expenditures of $5.1M. FCF margin is -22.0%.

How does TPB compare to other Consumer stocks?

Vs Consumer sector averages: Net margin 9.4% (avg: 8%), ROE 3.0% (avg: 18%), current ratio 5.87 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI