Turning Point Brands TPB Gross margin

Gross margin at other companies

Altria GroupMO

63%+1.5pp

Universal CorporationUVV

16.4%-1.6pp

Tootsie Roll IndustriesTR

34.5%-1.7pp

Ispire Technology Inc.ISPR

14.6%-6.6pp

Philip Morris InternationalPM

67.5%+1.1pp

McCormick & Company, IncorporatedMKC

38.6%+0.1pp

FAQ

What is Turning Point Brands's gross margin?

Turning Point Brands (TPB) reported gross margin of 51.4% in Q3 2024.

How has Turning Point Brands's gross margin changed year-over-year?

Turning Point Brands's gross margin increased by 4.7% year-over-year, from 49.1% to 51.4%.

What is the long-term trend for Turning Point Brands's gross margin?

Over 3 years (2020 to 2023), Turning Point Brands's gross margin has grown at a 2.2% compound annual growth rate (CAGR), from 46.9% to 50.1%.

What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.