TURNING POINT BRANDS INC (TPB)
Consumer Staples · Alternative smoking accessories and other tobacco products · NYSE
A leading branded consumer products company leveraging iconic Zig-Zag® and Stoker's® brands to capture growth in alternative smoking accessories and other tobacco products across North America.
What TURNING POINT BRANDS INC does
Turning Point Brands is a leading manufacturer, marketer and distributor of branded consumer products for adult consumers, primarily operating in the alternative smoking accessories and other tobacco products (OTP) industries. The company owns iconic brands including Zig-Zag® (rolling papers, cigar wraps, and smoking accessories) and Stoker's® (moist snuff and other tobacco products), along with FRE®, Beech-Nut®, and Trophy® brands. The company distributes through approximately 900 distributors and 600 secondary wholesalers to roughly 220,000 retail locations across North America, with a growing e-commerce presence.
Themes: ["alternative smoking accessories","cannabis legalization / cannabinoid products","other tobacco products (OTP)","rolling papers and cigar wraps","branded consumer staples"]
Fundamentals
- Price$88.05 as of 2026-07-09 close
- Market cap$1.7B as of 2026-07-10
- 1-year return+21.4% as of 2026-07-09 close
- P/E30.72 as of 2026-07-10
- Net margin+11.5% as of 2026-07-10
- Gross margin+58.4% as of 2026-07-10
- ROE+17.3% as of 2026-07-10
- Debt / equity0.80 as of 2026-07-10
- Revenue growth (YoY)+30.0% as of 2026-07-10
- Revenue CAGR (3y)+12.6% SEC XBRL
- Beta0.93 as of 2026-07-10
Dividend: yield +0.4%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Declining sales and consumption trends in traditional tobacco products combined with evolving FDA regulatory priorities and potential marketing denials","Heavy dependence on small number of third-party suppliers and producers, with potential supply chain disruptions, freight cost increases, and difficulty sourcing alternatives","Reliance on a small number of large retailers and national chains for product distribution, creating concentration risk to revenue"]
Competitors & peers
- Swisher International
- vector Group Ltd. (VGR)
- Philip Morris International (PM)
- British American Tobacco (BTI)
- Imperial Brands (IMBBY)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.