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Turning Point Brands (Turning Point Brands) Net Income : $38.5 Mil (TTM As of Dec. 2023)


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What is Turning Point Brands Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Turning Point Brands's Net Income for the three months ended in Dec. 2023 was $10.1 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $38.5 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Turning Point Brands's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.49.


Turning Point Brands Net Income Historical Data

The historical data trend for Turning Point Brands's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Turning Point Brands Net Income Chart

Turning Point Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.23 38.19 52.06 11.64 38.46

Turning Point Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.32 7.60 9.93 10.83 10.11

Turning Point Brands Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Turning Point Brands's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=61.682+-23.901+0+0.681
=38.5

Turning Point Brands's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=24.193+-14.328+0+0.244
=10.1

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $38.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Turning Point Brands  (NYSE:TPB) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Turning Point Brands's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Turning Point Brands Net Income Related Terms

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Turning Point Brands (Turning Point Brands) Business Description

Traded in Other Exchanges
Address
5201 Interchange Way, Louisville, KY, USA, 40229
Turning Point Brands Inc operates as an independent provider of Other Tobacco Products (OTP) in the U.S. It offers a wide range of products across the OTP spectrum including moist snuff tobacco (MST), loose-leaf chewing tobacco, premium cigarette papers, make- your-own (MYO) cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products. It operates in three segments namely Zig-Zag products; Stoker's products and NewGen products. The company generates maximum revenue from the Zig-Zag products segment.
Executives
Stephen Usher director 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
David Edward Glazek director, officer: Executive Chairman 767 FIFTH AVENUE 12TH FL, NEW YORK NY 10153
Graham Purdy officer: President & CEO 12442 POPLAR WOOD DRIVE, GOSHEN KY 40026
Brittani Cushman officer: Sr VP, General Counsel 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Luis Reformina officer: Sr VP, CFO 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Rohith Reddy director 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Zimmerman Arnold director 925 PARK AVE, 2A, NEW YORK NY 10028
Assia Grazioli-venier director C/O MARQUEE RAINE ACQUISITION CORP., 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Ashley Davis Frushone director 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Diao H.c. Charles director 1775 TYSONS BOULEVARD, TYSONS VA 22102
Standard General L.p. 10 percent owner 767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Yavor Efremov director 1 ALLIED DRIVE, SUITE 1705, LITTLE ROCK TX 72202
Lawrence Wexler director, officer: President and CEO 393 CARTER STREET, NEW CANAAN CT 06840
Standard Diversified Inc. 10 percent owner 767 5TH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Robert M. Lavan officer: SVP and CFO 5201 INTERCHANGE WAY, LOUISVILLE KY 40229

Turning Point Brands (Turning Point Brands) Headlines

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