Turning Point Brands (TPB) Depreciation and Depletion (2015 - 2023)
Turning Point Brands (TPB) reported Depreciation and Depletion of $759,000 for Q2 2023, down 13.7% from $879,000 a year earlier and down 2.2% from the prior quarter.
Turning Point Brands (TPB) Depreciation and Depletion (2015 - 2023) Analysis & Trends
Over the twelve months ended Jun 30, 2023, Turning Point Brands' Depreciation and Depletion came in at $3.17 million, down 4.1% year-over-year; for FY2022, it came in at $3.39 million, up 9.1% from FY2021.
- Depreciation and Depletion has a five-year compound annual growth rate of 15.8% (FY2017 to FY2022).
- By year, Depreciation and Depletion came in at $3.11 million in FY2021 (-4.1%), $3.24 million in FY2020 (+22.7%), $2.64 million in FY2019 (+25.3%) and $2.11 million in FY2018 (+29.5%).
- The Q2 2023 figure ranks as the lowest quarterly Depreciation and Depletion since Q2 2021.
- Year over year, Depreciation and Depletion has now declined in each of the last three quarters, with growth averaging 1.5% over the last eight quarters.
- The high point for year-over-year Depreciation and Depletion in five years was Q1 2020 (growth of 60.3%); the low point was Q2 2023 (a decline of 13.7%).
- Per Business Quant data, the three quarters before Q2 2023 came in at $776,000 (Q1 2023), $777,000 (Q4 2022) and $861,000 (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 33.00 Mn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 20.06 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 21.54 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | - |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 10.01 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 759,000.00 |
| Mar 31, 2023 | 776,000.00 |
| Dec 31, 2022 | 777,000.00 |
| Sep 30, 2022 | 861,000.00 |
| Jun 30, 2022 | 879,000.00 |
| Mar 31, 2022 | 871,000.00 |
| Dec 31, 2021 | 792,000.00 |
| Sep 30, 2021 | 767,000.00 |
| Jun 30, 2021 | 758,000.00 |
| Mar 31, 2021 | 788,000.00 |
| Dec 31, 2020 | 755,000.00 |
| Sep 30, 2020 | 809,000.00 |
| Jun 30, 2020 | 822,000.00 |
| Mar 31, 2020 | 851,000.00 |
| Dec 31, 2019 | 783,000.00 |
| Sep 30, 2019 | 692,000.00 |
| Jun 30, 2019 | 632,000.00 |
| Mar 31, 2019 | 531,000.00 |
| Dec 31, 2018 | 509,000.00 |
| Sep 30, 2018 | 479,000.00 |
Turning Point Brands Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=TPB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "TPB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=TPB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();