Turning Point Brands, Inc. (TPB) stock
TPBNYSETobacco ProductsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 11/3071% above fair value
$55.75−3.06 (-5.20%)
Close on Nov 12, 2026Market cap $1.12BP/E 40.1Yield 0.54%
Turning Point Brands operating margin
Operating margin is operating income as a percentage of revenue.
Turning Point Brands's operating margin for the twelve months ending Sep 30, 2026 was 10.9%. For fiscal 2025 it was 20.6%, against 22.4% the year before. The highest annual figure on record is 25.5% in fiscal 2023.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 20.6% | −1.8 |
| FY2024 | Dec 31, 2024 | 22.4% | −3.1 |
| FY2023 | Dec 31, 2023 | 25.5% | +2.5 |
| FY2022 | Dec 31, 2022 | 23.0% | +2.8 |
| FY2021 | Dec 31, 2021 | 20.3% | +4.4 |
| FY2020 | Dec 31, 2020 | 15.9% | +8.4 |
| FY2019 | Dec 31, 2019 | 7.5% | −7.1 |
| FY2018 | Dec 31, 2018 | 14.6% | −2.8 |
| FY2017 | Dec 31, 2017 | 17.4% | −3.9 |
| FY2016 | Dec 31, 2016 | 21.3% | −1.3 |
| FY2015 | Dec 31, 2015 | 22.6% | −1.4 |
| FY2014 | Dec 31, 2014 | 24.0% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 6.5% | −15.2 |
| Q2 FY2026 | Jun 30, 2026 | 11.7% | −10.9 |
| Q1 FY2026 | Mar 31, 2026 | 10.0% | −11.7 |
| Q4 FY2025 | Dec 31, 2025 | 16.5% | −2.6 |
| Q3 FY2025 | Sep 30, 2025 | 21.8% | −1.2 |
| Q2 FY2025 | Jun 30, 2025 | 22.6% | −2.0 |
| Q1 FY2025 | Mar 31, 2025 | 21.8% | −1.4 |
| Q4 FY2024 | Dec 31, 2024 | 19.1% | −10.5 |
| Q3 FY2024 | Sep 30, 2024 | 22.9% | −1.8 |
| Q2 FY2024 | Jun 30, 2024 | 24.5% | +0.3 |
| Q1 FY2024 | Mar 31, 2024 | 23.2% | −0.1 |
| Q4 FY2023 | Dec 31, 2023 | 29.6% | +13.4 |
| Q3 FY2023 | Sep 30, 2023 | 24.7% | +6.3 |
| Q2 FY2023 | Jun 30, 2023 | 24.3% | +6.6 |
| Q1 FY2023 | Mar 31, 2023 | 23.3% | +4.2 |
| Q4 FY2022 | Dec 31, 2022 | 16.3% | −1.5 |
| Q3 FY2022 | Sep 30, 2022 | 18.4% | −2.0 |
| Q2 FY2022 | Jun 30, 2022 | 17.6% | −2.7 |
| Q1 FY2022 | Mar 31, 2022 | 19.1% | −3.6 |
| Q4 FY2021 | Dec 31, 2021 | 17.8% | −3.3 |
| Q3 FY2021 | Sep 30, 2021 | 20.4% | +5.0 |
| Q2 FY2021 | Jun 30, 2021 | 20.3% | +3.9 |
| Q1 FY2021 | Mar 31, 2021 | 22.6% | +12.7 |
| Q4 FY2020 | Dec 31, 2020 | 21.1% | +43.2 |
| Q3 FY2020 | Sep 30, 2020 | 15.4% | +1.9 |
| Q2 FY2020 | Jun 30, 2020 | 16.4% | −5.0 |
| Q1 FY2020 | Mar 31, 2020 | 10.0% | −3.2 |
| Q4 FY2019 | Dec 31, 2019 | -22.2% | −33.8 |
| Q3 FY2019 | Sep 30, 2019 | 13.5% | −2.1 |
| Q2 FY2019 | Jun 30, 2019 | 21.4% | +3.1 |
| Q1 FY2019 | Mar 31, 2019 | 13.1% | −0.0 |
| Q4 FY2018 | Dec 31, 2018 | 11.6% | −2.9 |
| Q3 FY2018 | Sep 30, 2018 | 15.5% | −4.1 |
| Q2 FY2018 | Jun 30, 2018 | 18.3% | −0.7 |
| Q1 FY2018 | Mar 31, 2018 | 13.2% | −3.1 |
| Q4 FY2017 | Dec 31, 2017 | 14.6% | −4.6 |
| Q3 FY2017 | Sep 30, 2017 | 19.7% | – |
| Q2 FY2017 | Jun 30, 2017 | 18.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 16.2% | – |
| Q4 FY2016 | Dec 31, 2016 | 19.2% | – |
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