TPB
Turning Point Brands, Inc. (TPB) Management Analysis (2026)
Overall Score
Leadership Governance
Management appears stable with no fresh news indicating leadership turnover or governance disruption.
No material change in management execution signals this month.
Capital Allocation
Balance sheet remains conservative with net debt to EBITDA at 0.42x and a current ratio of 5.67x.
Dividend remains modest at a 0.36% yield with a 13.6% payout ratio, leaving room for reinvestment and flexibility.
Execution Operating Discipline
Operating profitability remains solid with gross margin at 59.2% and EBIT margin at 18.5%.
Working capital remains efficient, though inventory days are elevated at 235.1 days and the cash conversion cycle is 200.2 days.
Sources
- Company filings (10-K, 10-Q, investor presentations)
- Financial and market data providers
- Public news and industry information
🔒 Go Beyond This Framework
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