# Turning Point Brands, Inc. (TPB) · Edgar & Edgarette company card

> Turning Point Brands (TPB) grew revenue 28.4% in FY2025 to $463 million, operating margin 20.6%, equity 48.7% of assets, and dividend per share up 3 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1290677 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/TPB) · [JSON](https://www.pops4.com/boards/company/TPB.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $463M |
| Revenue growth, 1 year | 28.4% |
| Revenue growth per year | 1.0% |
| Operating margin | 20.6% (prior year 22.4%) |
| Net margin | 14.7% |
| Operating cash flow | $57M |
| Capital spending | $14M |
| Free cash flow | $44M |
| Cash | $223M |
| Long-term debt | $294M |
| Total assets | $764M |
| Total equity | $372M |
| Equity ÷ assets | 48.7% |
| Return on equity | 18.3% |
| Dividend per share | $0.3 |
| Dividend years rising | 3 |

## Readings, computed from those figures

- Altman Z: 5.63 (safe zone)
- Piotroski F: 7 of 9 (solid)
- Health Harbor boat: Sound ship · one warning sign · revenue is hard to predict: its 80% range is ±30%
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $463.1M (FY2025), total debt $293.6M. Experience: revenue up 28.4% on the year, up 1.0% a year over 4 years; operating margin 20.6%, down from 22.4%. Soundness: equity 48.7% of assets, return on equity 18.3%, payout 8.1% of profit, dividend per share up 3 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $404.0M and $747.2M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $345.8M to $878.5M. A statistical range, not company guidance.

Range logged 2026-09-24, receipt 26ffac4c29a81a48, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-09-21 ([filing](https://www.sec.gov/Archives/edgar/data/1290677/000143774926030820/0001437749-26-030820-index.htm))

## Recent filings

- 8-K · filed 2026-09-21 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1290677/000143774926030820/0001437749-26-030820-index.htm)
- 10-Q · filed 2026-08-04 · [filing](https://www.sec.gov/Archives/edgar/data/1290677/000143774926025664/0001437749-26-025664-index.htm)
- 8-K · filed 2026-08-04 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1290677/000143774926025512/0001437749-26-025512-index.htm)
- 10-Q · filed 2026-05-08 · [filing](https://www.sec.gov/Archives/edgar/data/1290677/000143774926015910/0001437749-26-015910-index.htm)
- 8-K · filed 2026-05-07 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1290677/000143774926015354/0001437749-26-015354-index.htm)
- 8-K · filed 2026-05-05 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1290677/000143774926014957/0001437749-26-014957-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001290677.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1290677

## Cite

POPS4, Edgar & Edgarette: Turning Point Brands, Inc. (TPB) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/TPB. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.