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Side-by-side financial comparison of MEDALLION FINANCIAL CORP (MFIN) and Turning Point Brands, Inc. (TPB). Click either name above to swap in a different company.

Turning Point Brands, Inc. is the larger business by last-quarter revenue ($121.0M vs $70.6M, roughly 1.7× MEDALLION FINANCIAL CORP). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs 6.8%, a 10.5% gap on every dollar of revenue. On growth, Turning Point Brands, Inc. posted the faster year-over-year revenue change (29.2% vs 25.4%). Over the past eight quarters, Turning Point Brands, Inc.'s revenue compounded faster (20.7% CAGR vs 15.0%).

Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.

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.

MFIN vs TPB — Head-to-Head

Bigger by revenue
TPB
TPB
1.7× larger
TPB
$121.0M
$70.6M
MFIN
Growing faster (revenue YoY)
TPB
TPB
+3.8% gap
TPB
29.2%
25.4%
MFIN
Higher net margin
MFIN
MFIN
10.5% more per $
MFIN
17.3%
6.8%
TPB
Faster 2-yr revenue CAGR
TPB
TPB
Annualised
TPB
20.7%
15.0%
MFIN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MFIN
MFIN
TPB
TPB
Revenue
$70.6M
$121.0M
Net Profit
$12.2M
$8.2M
Gross Margin
55.9%
Operating Margin
29.3%
16.5%
Net Margin
17.3%
6.8%
Revenue YoY
25.4%
29.2%
Net Profit YoY
20.3%
239.8%
EPS (diluted)
$0.50
$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
MFIN
MFIN
TPB
TPB
Q4 25
$70.6M
$121.0M
Q3 25
$58.7M
$119.0M
Q2 25
$62.6M
$116.6M
Q1 25
$63.0M
$106.4M
Q4 24
$56.3M
$93.7M
Q3 24
$53.3M
$90.7M
Q2 24
$51.0M
$93.2M
Q1 24
$53.3M
$83.1M
Net Profit
MFIN
MFIN
TPB
TPB
Q4 25
$12.2M
$8.2M
Q3 25
$7.8M
$21.1M
Q2 25
$11.1M
$14.5M
Q1 25
$12.0M
$14.4M
Q4 24
$10.1M
$2.4M
Q3 24
$8.6M
$12.4M
Q2 24
$7.1M
$13.0M
Q1 24
$10.0M
$12.0M
Gross Margin
MFIN
MFIN
TPB
TPB
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%
Q1 24
58.2%
Operating Margin
MFIN
MFIN
TPB
TPB
Q4 25
29.3%
16.5%
Q3 25
33.2%
21.8%
Q2 25
31.1%
22.6%
Q1 25
32.1%
21.8%
Q4 24
32.8%
19.1%
Q3 24
26.6%
22.9%
Q2 24
24.3%
24.5%
Q1 24
33.6%
23.2%
Net Margin
MFIN
MFIN
TPB
TPB
Q4 25
17.3%
6.8%
Q3 25
13.2%
17.7%
Q2 25
17.7%
12.4%
Q1 25
19.1%
13.5%
Q4 24
18.0%
2.6%
Q3 24
16.1%
13.6%
Q2 24
13.9%
14.0%
Q1 24
18.8%
14.5%
EPS (diluted)
MFIN
MFIN
TPB
TPB
Q4 25
$0.50
$0.40
Q3 25
$0.32
$1.13
Q2 25
$0.46
$0.79
Q1 25
$0.50
$0.79
Q4 24
$0.43
$0.15
Q3 24
$0.37
$0.68
Q2 24
$0.30
$0.68
Q1 24
$0.42
$0.63

Balance Sheet & Financial Strength

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

Metric
MFIN
MFIN
TPB
TPB
Cash + ST InvestmentsLiquidity on hand
$136.3M
$222.8M
Total DebtLower is stronger
$216.0M
Stockholders' EquityBook value
$408.6M
$372.0M
Total Assets
$3.0B
$763.8M
Debt / EquityLower = less leverage
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MFIN
MFIN
TPB
TPB
Q4 25
$136.3M
$222.8M
Q3 25
$72.5M
$201.2M
Q2 25
$110.4M
$109.9M
Q1 25
$131.5M
$99.6M
Q4 24
$98.2M
$48.9M
Q3 24
$120.6M
$33.6M
Q2 24
$87.7M
$142.2M
Q1 24
$54.8M
$130.9M
Total Debt
MFIN
MFIN
TPB
TPB
Q4 25
$216.0M
Q3 25
$215.7M
Q2 25
$199.9M
Q1 25
$199.7M
Q4 24
$232.2M
Q3 24
$232.0M
Q2 24
$230.8M
Q1 24
$225.6M
Stockholders' Equity
MFIN
MFIN
TPB
TPB
Q4 25
$408.6M
$372.0M
Q3 25
$397.4M
$358.2M
Q2 25
$389.9M
$224.8M
Q1 25
$380.2M
$203.4M
Q4 24
$370.2M
$190.4M
Q3 24
$362.4M
$185.7M
Q2 24
$354.0M
$172.8M
Q1 24
$349.0M
$160.0M
Total Assets
MFIN
MFIN
TPB
TPB
Q4 25
$3.0B
$763.8M
Q3 25
$2.9B
$742.8M
Q2 25
$2.9B
$595.8M
Q1 25
$2.8B
$564.6M
Q4 24
$2.9B
$493.4M
Q3 24
$2.9B
$488.0M
Q2 24
$2.8B
$591.6M
Q1 24
$2.6B
$586.3M
Debt / Equity
MFIN
MFIN
TPB
TPB
Q4 25
0.53×
Q3 25
0.54×
Q2 25
0.51×
Q1 25
0.53×
Q4 24
0.63×
Q3 24
0.64×
Q2 24
0.65×
Q1 24
0.65×

Cash Flow & Capital Efficiency

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

Metric
MFIN
MFIN
TPB
TPB
Operating Cash FlowLast quarter
$126.3M
$24.9M
Free Cash FlowOCF − Capex
$21.5M
FCF MarginFCF / Revenue
17.8%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
10.35×
3.03×
TTM Free Cash FlowTrailing 4 quarters
$43.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MFIN
MFIN
TPB
TPB
Q4 25
$126.3M
$24.9M
Q3 25
$67.0M
$3.3M
Q2 25
$-10.7M
$11.8M
Q1 25
$36.3M
$17.4M
Q4 24
$108.7M
$17.7M
Q3 24
$24.6M
$13.2M
Q2 24
$27.6M
$13.4M
Q1 24
$32.3M
$22.6M
Free Cash Flow
MFIN
MFIN
TPB
TPB
Q4 25
$21.5M
Q3 25
$-721.0K
Q2 25
$7.8M
Q1 25
$15.2M
Q4 24
$16.6M
Q3 24
$12.6M
Q2 24
$10.9M
Q1 24
$22.3M
FCF Margin
MFIN
MFIN
TPB
TPB
Q4 25
17.8%
Q3 25
-0.6%
Q2 25
6.7%
Q1 25
14.3%
Q4 24
17.8%
Q3 24
13.9%
Q2 24
11.7%
Q1 24
26.8%
Capex Intensity
MFIN
MFIN
TPB
TPB
Q4 25
2.8%
Q3 25
3.4%
Q2 25
3.4%
Q1 25
2.1%
Q4 24
1.2%
Q3 24
0.7%
Q2 24
2.7%
Q1 24
0.4%
Cash Conversion
MFIN
MFIN
TPB
TPB
Q4 25
10.35×
3.03×
Q3 25
8.63×
0.16×
Q2 25
-0.97×
0.82×
Q1 25
3.02×
1.21×
Q4 24
10.72×
7.34×
Q3 24
2.86×
1.07×
Q2 24
3.89×
1.03×
Q1 24
3.22×
1.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MFIN
MFIN

Segment breakdown not available.

TPB
TPB

US$111.5M92%
Non Us$9.6M8%

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