Turning Point Brands (TPB) Interest Coverage Ratio (2016 - 2026)
Turning Point Brands' (TPB) Interest Coverage Ratio stood at 2.14 in Q2 2026, down 46.4% from 4.00 a year earlier but up 22.8% from the prior quarter.
Turning Point Brands (TPB) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
On a TTM basis, Turning Point Brands' Interest Coverage Ratio came in at 2.67 as of Jun 30, 2026, down 38.9% year-over-year; for FY2025, it came in at 3.76, down 13.9% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 4.36 in FY2024 (+10.6%), 3.95 in FY2023 (+16.9%) and 3.38 in FY2022.
- Quarterly Interest Coverage Ratio has ranged from 1.74 in Q1 2026 to 5.38 in Q4 2024 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio has declined for five consecutive quarters, with an average decline of 16.3% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 14.2% in Q3 2024, against a decline of 57.3% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.74 (Q1 2026), 3.25 (Q4 2025) and 3.70 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (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 | - |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 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 | -29.04 |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 3.28 |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 2.14 |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.14 |
| Mar 31, 2026 | 1.74 |
| Dec 31, 2025 | 3.25 |
| Sep 30, 2025 | 3.70 |
| Jun 30, 2025 | 4.00 |
| Mar 31, 2025 | 4.08 |
| Dec 31, 2024 | 5.38 |
| Sep 30, 2024 | 4.53 |
| Jun 30, 2024 | 4.27 |
| Mar 31, 2024 | 3.67 |
| Dec 31, 2023 | 4.81 |
| Sep 30, 2023 | 3.96 |
| Dec 31, 2018 | 2.74 |
| Sep 30, 2018 | 3.38 |
| Jun 30, 2018 | 4.14 |
| Mar 31, 2018 | 2.67 |
| Dec 31, 2017 | 2.76 |
| Sep 30, 2017 | 3.58 |
| Jun 30, 2017 | 3.37 |
| Mar 31, 2017 | 2.20 |
Turning Point Brands Interest Coverage Ratio 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=interest-coverage-ratio&ticker=TPB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=TPB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();