Company / R&D Expense
Turning Point Brands, Inc. R&D Expense History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$1.3M
FY2024
5-year range
$600.0K / $1.3M
FY2020-FY2024
Trend
+116.7%
vs FY2023
Sector context
#37 of 39
Consumer Staples
What the data says
Among 39 Consumer Staples companies, Turning Point Brands, Inc. is in the bottom 5% for r&d expense. Improved from $600,000 to $1M over the past 2 years.
Based on SEC 10-K filings.
$1M in FY2024 with a 5-year CAGR of -12.3%.
Improved from $600,000 to $1M over the past 2 years.
Consumer Staples sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +5.7%
- 5-Year CAGR
- -12.3%
- 10-Year CAGR
- -
Sector benchmark
Bottom 5% in Consumer StaplesTop 95% of 39This company $1.3M Sector average $203.6M
▼
-99.4% below sector average
Key checks
Key Insights
- 5-year CAGR of -12.3%, indicating a declining trend.
- In FY2024, r&d expense increased 116.7% year-over-year.
- Ranks #37 out of 39 companies in the Consumer Staples sector.
- Peak r&d expense was recorded in FY2019.
Company context
Key Data Points
- Altman Z-Score 0.61 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $1.3M | +116.7% |
| FY2023 | $600.0K | +0.0% |
| FY2022 | $600.0K | -45.5% |
| FY2021 | $1.1M | -15.4% |
| FY2020 | $1.3M | -48.0% |
| FY2019 | $2.5M | +0.0% |
| FY2018 | $2.5M | +8.7% |
| FY2017 | $2.3M | +15.0% |
| FY2016 | $2.0M | +42.9% |
| FY2015 | $1.4M | +16.7% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026