Turning Point Brands, Inc. (TPB) Return on equity 2016–2025
Turning Point Brands, Inc. (TPB) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
15.6%FY2025 · since FY2016: 79.0% → 15.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 15.6% | -5.3 pp |
| FY2024 | 20.9% | -4.6 pp |
| FY2023 | 25.5% | +15.0 pp |
| FY2022 | 10.4% | -28.5 pp |
| FY2021 | 38.9% | +6.4 pp |
| FY2020 | 32.5% | +17.3 pp |
| FY2019 | 15.2% | -15.4 pp |
| FY2018 | 30.7% | -7.2 pp |
| FY2017 | 37.9% | -41.1 pp |
| FY2016 | 79.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice