Turning Point Brands (TPB) Return on Capital Employed [ROCE] (2015 - 2026)
Turning Point Brands (TPB) recorded Return on Capital Employed [ROCE] of 7.67% in Q3 2026, down 7.93 percentage points from 15.60% a year earlier and down 2.67 percentage points from the prior quarter.
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Analysis
Turning Point Brands (TPB) Return on Capital Employed [ROCE] (2015 - 2026) Analysis & Trends
For FY2025, Turning Point Brands reported Return on Capital Employed [ROCE] of 17.22%, up 0.61 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of +1.68 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 16.61% in FY2024 (-1.02 pp), 17.64% in FY2023 (+4.07 pp), 13.57% in FY2022 (-4.20 pp) and 17.76% in FY2021 (+2.23 pp).
- The Q3 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] since Q3 2020.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for seven consecutive quarters, with an average year-over-year change of -3.74 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 6.08 percentage points in Q2 2024, against a drop of 7.93 percentage points in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.34% (Q2 2026), 12.15% (Q1 2026) and 14.05% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 310.09 Bn | 289.08 Bn | 7.85 Bn | 39.38% |
| 2 | British American Tobacco p.l.c | 143.09 Bn | 119.75 Bn | - | - |
| 3 | Altria | 130.85 Bn | 117.83 Bn | 3.94 Bn | 43.13% |
| 4 | RLX Technology | 2.40 Bn | -1.35 Bn | 52.74 Mn | 3.59% |
| 5 | Curaleaf Holdings | 2.08 Bn | 1.70 Bn | 170.48 Mn | 0.43% |
| 6 | Trulieve Cannabis | 1.86 Bn | 595.66 Mn | 148.02 Mn | -13.88% |
| 7 | Verano Holdings | 1.83 Bn | 1.48 Bn | 100.04 Mn | -8.14% |
| 8 | Green Thumb Industries | 1.49 Bn | 262.73 Mn | 146.79 Mn | 4.07% |
| 9 | Cronos | 1.24 Bn | -1.90 Bn | 32.28 Mn | 0.63% |
| 10 | Turning Point Brands | 1.10 Bn | 187.99 Mn | 85.18 Mn | 7.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.67% |
| Jun 30, 2026 | 10.34% |
| Mar 31, 2026 | 12.15% |
| Dec 31, 2025 | 14.05% |
| Sep 30, 2025 | 15.60% |
| Jun 30, 2025 | 17.21% |
| Mar 31, 2025 | 18.02% |
| Dec 31, 2024 | 18.13% |
| Sep 30, 2024 | 17.65% |
| Jun 30, 2024 | 20.42% |
| Mar 31, 2024 | 18.07% |
| Dec 31, 2023 | 17.98% |
| Sep 30, 2023 | 15.99% |
| Jun 30, 2023 | 14.34% |
| Mar 31, 2023 | 13.66% |
| Dec 31, 2022 | 13.59% |
| Sep 30, 2022 | 13.55% |
| Jun 30, 2022 | 13.95% |
| Mar 31, 2022 | 15.47% |
| Dec 31, 2021 | 15.78% |
API Access
Turning Point Brands Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=TPB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=TPB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();