Company research
Turning Point Brands, Inc.
CIK 1290677Updated Sep 24, 2026
SecurityTPB · NYSE · equity
Name history
North Atlantic Holding Company, Inc. · through Sep 25, 2015
TPB price & chart
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NYSE:TPB on TradingView ↗About the company
Turning Point Brands (NYSE: TPB) is a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients through its iconic Zig-Zag® and Stoker’s® brands. TPB’s products are available in more than 217,000 retail outlets in North America, and on sites such as www.zigzag.com. For the latest news and information about TPB and its brands, please visit www.turningpointbrands.com.
In the news
Better-for-You Stimulant Formats Gain Scale as Consumer Demand Reshapes Delivery Landscape ↗
Recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
SCHEDULE 13G filing
SCHEDULE 13G - filed by Divisadero Street Capital Management, LP regarding Turning Point Brands, Inc.
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 763,750,000Source | 493,353,000Source | 569,356,000Source | 572,106,000Source |
| Property, Plant and Equipment, NetUSD | 36,247,000Source | 26,337,000Source | 25,300,000Source | 22,788,000Source |
| GoodwillUSD | 136,097,000Source | 135,932,000Source | 136,250,000Source | 136,253,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 64,042,000Source | 65,254,000Source | 80,942,000Source | 83,592,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 222,760,000Source | 48,941,000Source | 117,886,000Source | 106,403,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 25,726,000Source | 9,624,000Source | 9,989,000Source | 8,377,000Source |
| Inventory, NetUSD | 107,989,000Source | 96,253,000Source | 98,960,000Source | 119,915,000Source |
| Assets, CurrentUSD | 417,150,000Source | 198,205,000Source | 267,616,000Source | 257,654,000Source |
| Operating Lease, Right-of-Use AssetUSD | 6,851,000Source | 8,338,000Source | 8,950,000Source | 10,967,000Source |
| Other Assets, NoncurrentUSD | 64,667,000Source | 20,662,000Source | 15,166,000Source | 22,649,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 391,767,000Source | 302,973,000Source | 417,350,000Source | 458,726,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Additional Paid in CapitalUSD | 203,627,000Source | 126,662,000Source | 119,075,000Source | 113,242,000Source |
| Retained Earnings (Accumulated Deficit)USD | 199,661,000Source | 147,164,000Source | 112,443,000Source | 78,691,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -1,563,000Source | -2,903,000Source | -2,648,000Source | -2,393,000Source |
| Stockholders' Equity Attributable to ParentUSD | — | — | 150,976,000Source | — |
| Liabilities and EquityUSD | 763,750,000Source | 493,353,000Source | 569,356,000Source | 572,106,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 75,007,000Source | 44,820,000Source | 100,336,000Source | 41,376,000Source |
| Operating Lease, Liability, CurrentUSD | 2,111,000Source | 2,011,000Source | 1,991,000Source | 2,007,000Source |
| Accounts Payable, CurrentUSD | 20,420,000Source | 11,675,000Source | 8,407,000Source | 8,355,000Source |
| Operating Lease, Liability, NoncurrentUSD | 5,652,000Source | 7,400,000Source | 8,374,000Source | 10,243,000Source |
| Deferred Income Tax Liabilities, NetUSD | 8,289,000Source | — | — | — |
| Other Liabilities, NoncurrentUSD | 4,138,000Source | — | — | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 17,679,000Source | 2,399,000Source | 1,030,000Source | 1,735,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 54,587,000Source | 31,096,000Source | 33,635,000Source | 33,001,000Source |
| Deferred Tax Liabilities, NetUSD | 24,934,000Source | — | — | — |
| Dividends Payable, CurrentUSD | — | — | 1,489,000Source | 1,354,000Source |
| Dividends PayableUSD | 1,443,000Source | 1,588,000Source | — | — |
| Long-term Debt, Current MaturitiesUSD | — | 0Source | 58,294,000Source | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 293,625,000Source | 248,604,000Source | 307,064,000Source | 406,757,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 68,152,000Source | 40,510,000Source | 37,781,000Source | 11,157,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | — | — | 6,358,000Source | 5,299,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 6,974,000Source | 7,243,000Source | 6,561,000Source | 5,273,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 16,114,000Source | -185,000Source | 1,609,000Source | 2,103,000Source |
| Increase (Decrease) in InventoriesUSD | 11,584,000Source | 4,770,000Source | -20,977,000Source | 32,653,000Source |
| Increase (Decrease) in Accounts PayableUSD | 8,603,000Source | 3,689,000Source | -14,000Source | 1,240,000Source |
| Deferred Income Tax Expense (Benefit)USD | 8,931,000Source | 519,000Source | 7,024,000Source | -6,506,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 57,374,000Source | 67,062,000Source | 66,881,000Source | 30,273,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | 0Source | 0Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -31,671,000Source | -10,509,000Source | -5,906,000Source | -18,793,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 13,529,000Source | 4,623,000Source | 5,707,000Source | 7,685,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 0Source | 5,051,000Source | 0Source | 29,224,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 148,274,000Source | -128,284,000Source | -49,505,000Source | -43,303,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 5,519,000Source | 4,905,000Source | 4,497,000Source | 4,250,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 122,815,000Source | 111,332,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 20,451,000Source | 17,488,000Source | 18,047,000Source | 18,717,000Source |
| Income Taxes Paid, NetUSD | 10,384,000Source | 20,997,000Source | 12,447,000Source | 13,369,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 1,714,000Source | 2,430,000Source | 2,445,000Source | 2,576,000Source |
| Amortization of Intangible AssetsUSD | 1,239,000Source | 1,223,000Source | 3,096,000Source | 1,911,000Source |
| DepreciationUSD | — | — | — | 3,388,000Source |
| Dividends Payable, CurrentUSD | — | — | 1,489,000Source | 1,354,000Source |
| Dividends PayableUSD | 1,443,000Source | 1,588,000Source | — | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | -106,000Source | -75,000Source | -90,000Source | 9,000Source |
| Gain (Loss) on InvestmentsUSD | 484,000Source | -2,722,000Source | — | — |
| Gain (Loss) on Sale of InvestmentsUSD | 0Source | 14,000Source | -12,177,000Source | -13,570,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | -1,235,000Source | 0Source | 1,664,000Source | 885,000Source |
| GoodwillUSD | 136,097,000Source | 135,932,000Source | 136,250,000Source | 136,253,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | — | 0Source | 27,566,000Source |
| Goodwill, Impairment LossUSD | — | — | 0Source | 25,585,000Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | — | — | 0Source | 1,981,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 68,152,000Source | 48,027,000Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | -7,517,000Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 0Source | -7,517,000Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | -1,159,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 14,991,000Source | 16,929,000Source | 23,901,000Source | 4,849,000Source |
| Insured Event, Gain (Loss)USD | — | — | 15,181,000Source | — |
| InterestExpenseNonoperatingUSD | 25,386,000Source | 18,526,000Source | — | — |
| Investment Income, InterestUSD | 7,920,000Source | 4,543,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 58,165,000Source | 39,809,000Source | 38,462,000Source | 11,641,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 9,987,000Source | 701,000Source | -681,000Source | -484,000Source |
| Operating Lease, Impairment LossUSD | — | — | — | 0Source |
| Other Operating Income (Expense), NetUSD | 0Source | 1,674,000Source | 4,345,000Source | — |
| Payments to Acquire InvestmentsUSD | 13,755,000Source | 10,857,000Source | — | — |
| Pension Expense (Reversal of Expense), NoncashUSD | — | — | — | 0Source |
| Proceeds from Issuance of Common StockUSD | 97,499,000Source | — | — | — |
| Proceeds from Noncontrolling InterestsUSD | 11,000,000Source | — | — | — |
| Proceeds from Stock Options ExercisedUSD | 7,561,000Source | 2,807,000Source | 450,000Source | 504,000Source |
| Realized Investment Gains (Losses)USD | — | — | 0Source | 54,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 463,062,000Source | 360,660,000Source | 405,393,000Source | 415,013,000Source |
| Stock or Unit Option Plan ExpenseUSD | — | — | 700,000Source | 1,100,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cost of RevenueUSD | 198,748,000Source | 159,095,000Source | 202,152,000Source | 209,475,000Source |
| Selling, General and Administrative ExpenseUSD | 168,987,000Source | 122,407,000Source | 125,009,000Source | 130,024,000Source |
| Operating Income (Loss)USD | 95,327,000Source | 80,832,000Source | 82,577,000Source | 75,514,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 83,143,000Source | 64,956,000Source | 61,682,000Source | 16,006,000Source |
| Income Tax Expense (Benefit)USD | 14,991,000Source | 16,929,000Source | 23,901,000Source | 4,849,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 9,987,000Source | 701,000Source | -681,000Source | -484,000Source |
| Net Income (Loss) Attributable to ParentUSD | 58,165,000Source | 39,809,000Source | 38,462,000Source | 11,641,000Source |
| Earnings Per Share, BasicUSD per share | 3.18Source | 2.24Source | 2.19Source | 0.65Source |
| Earnings Per Share, DilutedUSD per share | 3.11Source | 2.14Source | 2.01Source | 0.64Source |
| Total Revenue | — | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 18,314,047Source | 17,734,239Source | 17,578,270Source | 17,899,794Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 18,730,635Source | 19,362,806Source | 20,467,406Source | 18,055,015Source |
| Interest Expense (non-operating)USD | 25,386,000Source | 18,526,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 1,239,000Source | 1,223,000Source | 3,096,000Source | 1,911,000Source |
| Current Income Tax Expense (Benefit)USD | 6,060,000Source | 16,410,000Source | 16,877,000Source | 11,355,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 3,262,000Source | — |
| Gain (Loss) on InvestmentsUSD | 484,000Source | -2,722,000Source | — | — |
| Goodwill, Impairment LossUSD | — | — | 0Source | 25,585,000Source |
| Gross ProfitUSD | 264,314,000Source | 201,565,000Source | 203,241,000Source | 205,538,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 68,152,000Source | 48,027,000Source | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 3.18Source | 2.67Source | — | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 3.11Source | 2.53Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | -7,517,000Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 0Source | -7,517,000Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | -1,159,000Source | — | — | — |
| Interest Income (Expense), Nonoperating, NetUSD | -17,466,000Source | -13,983,000Source | -14,645,000Source | -19,524,000Source |
| Investment Income, InterestUSD | 7,920,000Source | 4,543,000Source | — | — |
| Investment Income, NetUSD | 1,060,000Source | -1,893,000Source | -11,914,000Source | -13,303,000Source |
| Marketing and Advertising ExpenseUSD | 29,800,000Source | 12,000,000Source | 9,200,000Source | 9,300,000Source |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost ComponentUSD | — | — | — | 0Source |
| Other Operating Income (Expense), NetUSD | 0Source | 1,674,000Source | 4,345,000Source | — |
| Realized Investment Gains (Losses)USD | — | — | 0Source | 54,000Source |
| Research and Development ExpenseUSD | 900,000Source | 1,300,000Source | 600,000Source | 600,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 463,062,000Source | 360,660,000Source | 405,393,000Source | 415,013,000Source |
Filing attachments
ef20043320_ex99-1.htm · 8-K · 2025-02-11
EX-99.1 2 ef20043320_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Turning Point Brands Announces Pricing of $300,000,000 of 7.625% Senior Secured Notes due 2032 LOUISVILLE, KY. (February 11, 2025) Turning Point Brands, Inc. (“TPB” or the “Company”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, today announced that is has priced its previously announced private offering (the “Offering”) of $300.0 million aggregate principal amount of its 7.625% senior secured n…
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