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Side-by-side financial comparison of Employers Holdings, Inc. (EIG) and Turning Point Brands, Inc. (TPB). Click either name above to swap in a different company.

Employers Holdings, Inc. is the larger business by last-quarter revenue ($170.5M vs $121.0M, roughly 1.4× Turning Point Brands, Inc.). On growth, Turning Point Brands, Inc. posted the faster year-over-year revenue change (29.2% vs -21.3%). Over the past eight quarters, Turning Point Brands, Inc.'s revenue compounded faster (20.7% CAGR vs -11.4%).

Employers Holdings, Inc. is a U.S.-headquartered insurance holding company that specializes in offering workers' compensation insurance and customized risk management services primarily for small and medium-sized enterprises across the United States. It mainly serves clients in low-to-medium hazard industries, helping them mitigate workplace safety risks and meet relevant regulatory requirements for employee protection.

Turning Point Australia (TPAUS) is a conservative lobby group based in Australia, affiliated with Turning Point USA but independent of it. Founded by Joel Jammal and first registered in 2023, the group has become active in trying to influence the outcome of the 2026 South Australian state election in March 2026.

EIG vs TPB — Head-to-Head

Bigger by revenue
EIG
EIG
1.4× larger
EIG
$170.5M
$121.0M
TPB
Growing faster (revenue YoY)
TPB
TPB
+50.5% gap
TPB
29.2%
-21.3%
EIG
Faster 2-yr revenue CAGR
TPB
TPB
Annualised
TPB
20.7%
-11.4%
EIG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EIG
EIG
TPB
TPB
Revenue
$170.5M
$121.0M
Net Profit
$8.2M
Gross Margin
55.9%
Operating Margin
16.5%
Net Margin
6.8%
Revenue YoY
-21.3%
29.2%
Net Profit YoY
239.8%
EPS (diluted)
$0.40

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EIG
EIG
TPB
TPB
Q1 26
$170.5M
Q4 25
$188.5M
$121.0M
Q3 25
$239.3M
$119.0M
Q2 25
$246.3M
$116.6M
Q1 25
$202.6M
$106.4M
Q4 24
$216.6M
$93.7M
Q3 24
$224.0M
$90.7M
Q2 24
$217.0M
$93.2M
Net Profit
EIG
EIG
TPB
TPB
Q1 26
Q4 25
$8.2M
Q3 25
$-8.3M
$21.1M
Q2 25
$29.7M
$14.5M
Q1 25
$12.8M
$14.4M
Q4 24
$2.4M
Q3 24
$30.3M
$12.4M
Q2 24
$31.7M
$13.0M
Gross Margin
EIG
EIG
TPB
TPB
Q1 26
Q4 25
55.9%
Q3 25
59.2%
Q2 25
57.1%
Q1 25
56.0%
Q4 24
56.0%
Q3 24
55.6%
Q2 24
54.1%
Operating Margin
EIG
EIG
TPB
TPB
Q1 26
Q4 25
16.5%
Q3 25
-4.7%
21.8%
Q2 25
15.0%
22.6%
Q1 25
7.8%
21.8%
Q4 24
19.1%
Q3 24
16.4%
22.9%
Q2 24
18.4%
24.5%
Net Margin
EIG
EIG
TPB
TPB
Q1 26
Q4 25
6.8%
Q3 25
-3.5%
17.7%
Q2 25
12.1%
12.4%
Q1 25
6.3%
13.5%
Q4 24
2.6%
Q3 24
13.5%
13.6%
Q2 24
14.6%
14.0%
EPS (diluted)
EIG
EIG
TPB
TPB
Q1 26
Q4 25
$-0.93
$0.40
Q3 25
$-0.36
$1.13
Q2 25
$1.23
$0.79
Q1 25
$0.52
$0.79
Q4 24
$1.14
$0.15
Q3 24
$1.21
$0.68
Q2 24
$1.25
$0.68

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EIG
EIG
TPB
TPB
Cash + ST InvestmentsLiquidity on hand
$169.9M
$222.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$955.7M
$372.0M
Total Assets
$3.4B
$763.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EIG
EIG
TPB
TPB
Q1 26
$169.9M
Q4 25
$169.9M
$222.8M
Q3 25
$172.4M
$201.2M
Q2 25
$78.1M
$109.9M
Q1 25
$100.4M
$99.6M
Q4 24
$68.4M
$48.9M
Q3 24
$173.9M
$33.6M
Q2 24
$126.4M
$142.2M
Total Debt
EIG
EIG
TPB
TPB
Q1 26
Q4 25
$19.0M
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Stockholders' Equity
EIG
EIG
TPB
TPB
Q1 26
$955.7M
Q4 25
$955.7M
$372.0M
Q3 25
$1.0B
$358.2M
Q2 25
$1.1B
$224.8M
Q1 25
$1.1B
$203.4M
Q4 24
$1.1B
$190.4M
Q3 24
$1.1B
$185.7M
Q2 24
$1.0B
$172.8M
Total Assets
EIG
EIG
TPB
TPB
Q1 26
$3.4B
Q4 25
$3.4B
$763.8M
Q3 25
$3.5B
$742.8M
Q2 25
$3.5B
$595.8M
Q1 25
$3.6B
$564.6M
Q4 24
$3.5B
$493.4M
Q3 24
$3.6B
$488.0M
Q2 24
$3.5B
$591.6M
Debt / Equity
EIG
EIG
TPB
TPB
Q1 26
Q4 25
0.02×
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EIG
EIG
TPB
TPB
Operating Cash FlowLast quarter
$24.9M
Free Cash FlowOCF − Capex
$21.5M
FCF MarginFCF / Revenue
17.8%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
3.03×
TTM Free Cash FlowTrailing 4 quarters
$43.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EIG
EIG
TPB
TPB
Q1 26
Q4 25
$44.7M
$24.9M
Q3 25
$29.4M
$3.3M
Q2 25
$0
$11.8M
Q1 25
$14.6M
$17.4M
Q4 24
$76.4M
$17.7M
Q3 24
$51.0M
$13.2M
Q2 24
$11.7M
$13.4M
Free Cash Flow
EIG
EIG
TPB
TPB
Q1 26
Q4 25
$44.6M
$21.5M
Q3 25
$-721.0K
Q2 25
$7.8M
Q1 25
$15.2M
Q4 24
$76.3M
$16.6M
Q3 24
$12.6M
Q2 24
$10.9M
FCF Margin
EIG
EIG
TPB
TPB
Q1 26
Q4 25
23.7%
17.8%
Q3 25
-0.6%
Q2 25
6.7%
Q1 25
14.3%
Q4 24
35.2%
17.8%
Q3 24
13.9%
Q2 24
11.7%
Capex Intensity
EIG
EIG
TPB
TPB
Q1 26
Q4 25
0.1%
2.8%
Q3 25
3.4%
Q2 25
3.4%
Q1 25
2.1%
Q4 24
0.0%
1.2%
Q3 24
0.7%
Q2 24
2.7%
Cash Conversion
EIG
EIG
TPB
TPB
Q1 26
Q4 25
3.03×
Q3 25
0.16×
Q2 25
0.00×
0.82×
Q1 25
1.14×
1.21×
Q4 24
7.34×
Q3 24
1.68×
1.07×
Q2 24
0.37×
1.03×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EIG
EIG

Segment breakdown not available.

TPB
TPB

US$111.5M92%
Non Us$9.6M8%

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