Turning Point Brands (TPB) Debt to Equity (2015 - 2026)

Turning Point Brands (TPB) posted quarterly Debt to Equity of $0.76 for Q1 2026, down 47.08% YoY from $1.44 in Q1 2025, and down 3.42% sequentially from $0.79 in Q4 2025.

Turning Point Brands (TPB) Debt to Equity (2015 - 2026) Analysis & Trends

Turning Point Brands has disclosed Debt to Equity across 12 years of filings, most recently posting $0.76 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 47.08% year-over-year to $0.76; the TTM figure through Mar 2026 stood at $0.76 (down 47.08% YoY), while the FY2025 annual figure was $0.79, down 39.55% from the prior year.
  • Debt to Equity retreated to $0.76 in Q1 2026, from $0.79 in the prior quarter.
  • Over the last five years, Debt to Equity for TPB reached as high as $3.59 in Q4 2022 and fell as low as $0.76 in Q1 2026.
  • The 5-year median for Debt to Equity is $2.27 (2024), against an average of $2.15.
  • Annual changes were most pronounced in 2022 — Debt to Equity advanced 15.82% — and 2024, when it plunged 48.9%.
  • A 5-year view of Debt to Equity shows it stood at $3.59 in 2022, then sank by 33.0% to $2.4 in 2023, then slumped by 45.67% to $1.31 in 2024, then sank by 39.55% to $0.79 in 2025, then fell by 3.42% to $0.76 in 2026.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.76, $0.79, and $0.82 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Altria 66.91 Bn 63.43 Bn 3.51 Bn -7.78
2 RLX Technology 2.38 Bn 1.75 Bn 73.10 Mn 0.01
3 Turning Point Brands 1.68 Bn 1.51 Bn 68.30 Mn 0.76
4 Universal 1.30 Bn 1.29 Bn 98.47 Mn 0.42
5 Ispire Technology 65.31 Mn 47.02 Mn 1.99 Mn -0.07
6 Rythm 54.80 Mn 21.54 Mn 10.40 Mn 0.24
7 Greenlane Holdings 9.60 Mn -28.63 Mn 217,000.00 -
8 VPR Brands 4.59 Mn 1.87 Mn 138,574.00 0.10
9 Lftd Partners 2.96 Mn 873,406.64 -1.71 Mn 0.10
10 22nd Century 128,296.63 -9.42 Mn -636,000.00 -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.76
Dec 31, 2025 0.79
Sep 30, 2025 0.82
Jun 30, 2025 1.30
Mar 31, 2025 1.44
Dec 31, 2024 1.31
Sep 30, 2024 1.33
Jun 30, 2024 2.11
Mar 31, 2024 2.27
Dec 31, 2023 2.40
Sep 30, 2023 2.60
Jun 30, 2023 2.93
Mar 31, 2023 3.28
Dec 31, 2022 3.59
Sep 30, 2022 3.19
Jun 30, 2022 3.25
Mar 31, 2022 3.15
Dec 31, 2021 3.10
Sep 30, 2021 3.00
Jun 30, 2021 3.21