Turning Point Brands (TPB) Shares Outstanding (Diluted) (2015 - 2026)
Turning Point Brands' Shares Outstanding (Diluted) was 20.16 million in Q2 2026, up 10.0% from 18.32 million a year earlier and up 3.5% from the prior quarter.
Powered by 
Analysis
Turning Point Brands (TPB) Shares Outstanding (Diluted) (2015 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Diluted) at Turning Point Brands came in at 18.73 million, down 3.3% from FY2024.
- Shares Outstanding (Diluted) shows a five-year compound annual growth rate of -1.0% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Diluted) was 19.36 million in FY2024 (-5.4%), 20.47 million in FY2023 (+13.4%), 18.06 million in FY2022 (-19.3%) and 22.38 million in FY2021 (+13.4%).
- The Q2 2026 figure marks the highest quarterly Shares Outstanding (Diluted) since Q1 2024.
- Compared with a year earlier, Shares Outstanding (Diluted) was higher in three of the last eight quarters, with an average decline of 2.2%.
- The best year-over-year quarter for Shares Outstanding (Diluted) over five years was Q3 2021 (growth of 13.9%); the worst was Q4 2022 (a decline of 19.3%).
- Per Business Quant data, TPB's Shares Outstanding (Diluted) in the three quarters before Q2 2026 was 19.47 million (Q1 2026), 18.73 million (Q4 2025) and 18.71 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 1.56 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | 2.20 Bn |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 1.67 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 270.70 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 1.22 Bn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 192.71 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 222.78 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 375.06 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 20.16 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 73.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.16 Mn |
| Mar 31, 2026 | 19.47 Mn |
| Dec 31, 2025 | 18.73 Mn |
| Sep 30, 2025 | 18.71 Mn |
| Jun 30, 2025 | 18.32 Mn |
| Mar 31, 2025 | 18.25 Mn |
| Dec 31, 2024 | 19.36 Mn |
| Sep 30, 2024 | 18.45 Mn |
| Jun 30, 2024 | 20.16 Mn |
| Mar 31, 2024 | 20.17 Mn |
| Dec 31, 2023 | 20.47 Mn |
| Sep 30, 2023 | 20.10 Mn |
| Jun 30, 2023 | 20.41 Mn |
| Mar 31, 2023 | 20.67 Mn |
| Dec 31, 2022 | 18.06 Mn |
| Sep 30, 2022 | 21.10 Mn |
| Jun 30, 2022 | 21.44 Mn |
| Mar 31, 2022 | 21.75 Mn |
| Dec 31, 2021 | 22.38 Mn |
| Sep 30, 2021 | 22.36 Mn |
API Access
Turning Point Brands Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=TPB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=TPB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();