Turning Gross Profit from 2010 to 2024

TPB Stock  USD 62.14  0.30  0.49%   
Turning Point's Gross Profit is increasing over the years with slightly volatile fluctuation. Gross Profit is expected to dwindle to about 131.6 M. Gross Profit is the profit Turning Point Brands makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2004-03-31
Previous Quarter
53.8 M
Current Value
53.7 M
Quarterly Volatility
15.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Turning Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Turning Point's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.7 M, Interest Expense of 21.6 M or Selling General Administrative of 69.8 M, as well as many indicators such as Price To Sales Ratio of 1.02, Dividend Yield of 0.005 or PTB Ratio of 3.22. Turning financial statements analysis is a perfect complement when working with Turning Point Valuation or Volatility modules.
  
Check out the analysis of Turning Point Correlation against competitors.

Latest Turning Point's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Turning Point Brands over the last few years. Gross profit is a required income statement account that reflects total revenue of Turning Point Brands minus its cost of goods sold. It is profit before Turning Point operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Turning Point's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Turning Point's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 205.54 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Turning Gross Profit Regression Statistics

Arithmetic Mean130,825,725
Geometric Mean121,767,817
Coefficient Of Variation39.09
Mean Deviation41,514,640
Median124,869,000
Standard Deviation51,145,119
Sample Variance2615.8T
Range161.1M
R-Value0.86
Mean Square Error757T
R-Squared0.73
Significance0.000048
Slope9,779,815
Total Sum of Squares36621.5T

Turning Gross Profit History

2024131.6 M
2023203.2 M
2022205.5 M
2021217.8 M
2020189.6 M
2019136.7 M
2018142.6 M

Other Fundumenentals of Turning Point Brands

Turning Point Gross Profit component correlations

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About Turning Point Financial Statements

Turning Point stakeholders use historical fundamental indicators, such as Turning Point's Gross Profit, to determine how well the company is positioned to perform in the future. Although Turning Point investors may analyze each financial statement separately, they are all interrelated. For example, changes in Turning Point's assets and liabilities are reflected in the revenues and expenses on Turning Point's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Turning Point Brands. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit203.2 M131.6 M
Gross Profit Margin 0.50  0.52 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Turning Point Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Turning Point's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Turning Point Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Turning Point Brands Stock:
Check out the analysis of Turning Point Correlation against competitors.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Tobacco space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Turning Point. If investors know Turning will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Turning Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.178
Dividend Share
0.275
Earnings Share
2.49
Revenue Per Share
23.183
Quarterly Revenue Growth
0.041
The market value of Turning Point Brands is measured differently than its book value, which is the value of Turning that is recorded on the company's balance sheet. Investors also form their own opinion of Turning Point's value that differs from its market value or its book value, called intrinsic value, which is Turning Point's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Turning Point's market value can be influenced by many factors that don't directly affect Turning Point's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Turning Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turning Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turning Point's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.