Turning Point Brands (TPB) Tax Rate (2015 - 2026)
Turning Point Brands (TPB) recorded Tax Rate of 26.34% in Q2 2026, up 6.32 percentage points from 20.02% a year earlier and up 51.58 percentage points from the prior quarter.
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Analysis
Turning Point Brands (TPB) Tax Rate (2015 - 2026) Analysis & Trends
On a TTM basis, Turning Point Brands' Tax Rate came in at 13.84% as of Jun 30, 2026, down 7.46 percentage points year-over-year; for FY2025, it was 18.03%, down 8.03 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -5.81 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 26.06% in FY2024 (-12.61 pp), 38.67% in FY2023 (+12.57 pp), 26.10% in FY2022 (+4.60 pp) and 21.50% in FY2021 (-2.34 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q4 2024.
- On a year-over-year basis, Tax Rate rose in two of the last eight quarters, with an average year-over-year change of -11.84 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 21.34 percentage points in Q4 2023, against a drop of 36.68 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -25.24% (Q1 2026), 16.10% (Q4 2025) and 21.41% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 22.25% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 21.54% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | - |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 78.51% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 0.14% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 26.34% |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.34% |
| Dec 31, 2025 | 16.10% |
| Sep 30, 2025 | 21.41% |
| Jun 30, 2025 | 20.02% |
| Mar 31, 2025 | 11.44% |
| Dec 31, 2024 | 28.44% |
| Sep 30, 2024 | 27.08% |
| Jun 30, 2024 | 25.47% |
| Mar 31, 2024 | 23.44% |
| Dec 31, 2023 | 58.70% |
| Sep 30, 2023 | 25.74% |
| Jun 30, 2023 | 25.59% |
| Mar 31, 2023 | 25.16% |
| Dec 31, 2022 | 37.36% |
| Sep 30, 2022 | 25.16% |
| Jun 30, 2022 | 23.16% |
| Mar 31, 2022 | 23.67% |
| Dec 31, 2021 | 20.43% |
| Sep 30, 2021 | 23.26% |
| Jun 30, 2021 | 22.73% |
API Access
Turning Point Brands Tax Rate 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=tax-rate&ticker=TPB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=TPB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();