Tootsie Roll Industries, Inc. (TR) 10-Year Financial Performance & Capital Metrics

TR • • Industrial / General

Consumer DefensiveConfectionersChocolate & ConfectioneryClassic Candy Specialists

AboutTootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. It sells its products under the Tootsie Roll, Tootsie Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop trademarks. The company sells its products directly to wholesale distributors of candy, food and groceries, supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandisers, warehouse and membership club stores, vending machine operators, e-commerce merchants, the United States military, and fund-raising charitable organizations, as well as through food and grocery brokers. Tootsie Roll Industries, Inc. was founded in 1896 and is based in Chicago, Illinois.Show more

Revenue $723M -6.0%
EBITDA $119M -1.2%
Net Income $87M -5.5%
EPS (Diluted) 1.18 -4.8%
Gross Margin 35.01% +4.9%
EBITDA Margin 16.41% +5.1%
Operating Margin 13.9% +5.0%
Net Margin 12.01% +0.5%
ROE 10.25% -10.4%
ROIC 9.99% -1.5%
Debt/Equity 0.02 -12.0%
Interest Coverage 197.46 -34.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓FCF machine: 16.7% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Healthy 5Y average net margin of 11.8%

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y2.9%

5Y6.53%

3Y8.21%

TTM-3.75%

Profit (Net Income) CAGR

10Y3.21%

5Y5.99%

3Y9.95%

TTM-4.52%

EPS CAGR

10Y3.96%

5Y6.53%

3Y9.86%

TTM-4.51%

ROCE

10Y Avg9.15%

5Y Avg9.19%

3Y Avg10.76%

Latest9.81%

Peer Comparison

Classic Candy Specialists

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TRTootsie Roll Industries, Inc.	1.58B	37.80	32.03	-6%	12.58%	10.19%	7.65%	0.02

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	540.11M	521.1M	519.29M	518.92M	527.11M	471.06M	570.78M	686.97M	769.37M	723.22M
Revenue Growth %	-0.01%	-0.04%	-0%	-0%	0.02%	-0.11%	0.21%	0.2%	0.12%	-0.06%
Cost of Goods Sold+	340.98M	321.89M	327.38M	330.75M	330.1M	300.7M	371.54M	454.24M	512.52M	470.04M
COGS % of Revenue	0.63%	0.62%	0.63%	0.64%	0.63%	0.64%	0.65%	0.66%	0.67%	0.65%
Gross Profit+	199.13M	199.21M	191.91M	188.17M	197.02M	170.36M	199.24M	232.73M	256.84M	253.18M
Gross Margin %	0.37%	0.38%	0.37%	0.36%	0.37%	0.36%	0.35%	0.34%	0.33%	0.35%
Gross Profit Growth %	-0.01%	0%	-0.04%	-0.02%	0.05%	-0.14%	0.17%	0.17%	0.1%	-0.01%
Operating Expenses+	108.05M	107.98M	121.48M	117.69M	127.8M	112.12M	132.11M	121.98M	155.01M	152.68M
OpEx % of Revenue	0.2%	0.21%	0.23%	0.23%	0.24%	0.24%	0.23%	0.18%	0.2%	0.21%
Selling, General & Admin	108.05M	107.98M	121.48M	117.69M	127.8M	112.12M	132.11M	121.98M	155.01M	152.68M
SG&A % of Revenue	0.2%	0.21%	0.23%	0.23%	0.24%	0.24%	0.23%	0.18%	0.2%	0.21%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	91.08M	91.23M	70.42M	70.48M	69.21M	58.24M	67.13M	110.75M	101.83M	100.5M
Operating Margin %	0.17%	0.18%	0.14%	0.14%	0.13%	0.12%	0.12%	0.16%	0.13%	0.14%
Operating Income Growth %	0.09%	0%	-0.23%	0%	-0.02%	-0.16%	0.15%	0.65%	-0.08%	-0.01%
EBITDA+	111.47M	110.86M	89.41M	89.15M	87.99M	76.43M	84.7M	128.42M	120.07M	118.68M
EBITDA Margin %	0.21%	0.21%	0.17%	0.17%	0.17%	0.16%	0.15%	0.19%	0.16%	0.16%
EBITDA Growth %	0.06%	-0.01%	-0.19%	-0%	-0.01%	-0.13%	0.11%	0.52%	-0.07%	-0.01%
D&A (Non-Cash Add-back)	20.39M	19.63M	18.99M	18.67M	18.78M	18.18M	17.57M	17.67M	18.24M	18.18M
EBIT	92.65M	98.02M	84.7M	73.39M	85.62M	76.43M	85.78M	98.25M	120.23M	127.38M
Net Interest Income+	1.34M	2.02M	2.71M	3.35M	4.2M	3.84M	2.69M	2.54M	4.87M	9.09M
Interest Income	1.42M	2.13M	2.85M	3.54M	4.42M	4M	2.74M	2.64M	5.21M	9.6M
Interest Expense	76K	105K	144K	181K	220K	164K	46K	104K	337K	509K
Other Income/Expense	1.5M	6.68M	14.14M	2.72M	16.19M	18.02M	18.6M	-12.61M	18.07M	26.37M
Pretax Income+	92.58M	97.91M	84.56M	73.21M	85.4M	76.26M	85.73M	98.14M	119.89M	126.87M
Pretax Margin %	0.17%	0.19%	0.16%	0.14%	0.16%	0.16%	0.15%	0.14%	0.16%	0.18%
Income Tax+	26.45M	30.59M	3.91M	16.4M	20.57M	17.29M	20.42M	22.25M	28.01M	40.06M
Effective Tax Rate %	0.71%	0.69%	0.96%	0.78%	0.76%	0.77%	0.76%	0.77%	0.77%	0.68%
Net Income+	66.09M	67.51M	80.86M	56.89M	64.92M	58.99M	65.33M	75.94M	91.91M	86.83M
Net Margin %	0.12%	0.13%	0.16%	0.11%	0.12%	0.13%	0.11%	0.11%	0.12%	0.12%
Net Income Growth %	0.04%	0.02%	0.2%	-0.3%	0.14%	-0.09%	0.11%	0.16%	0.21%	-0.06%
Net Income (Continuing)	66.13M	67.32M	80.65M	56.8M	64.84M	58.97M	65.31M	75.89M	91.89M	86.81M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	365K	174K	-36K	-125K	-205K	-227K	-245K	-289K	-315K	-334K
EPS (Diluted)+	0.85	0.88	1.08	0.76	0.86	0.79	0.89	1.01	1.24	1.18
EPS Growth %	0.06%	0.04%	0.23%	-0.3%	0.13%	-0.08%	0.13%	0.13%	0.23%	-0.05%
EPS (Basic)	0.85	0.88	1.08	0.76	0.86	0.79	0.89	1.01	1.24	1.18
Diluted Shares Outstanding	77.74M	76.46M	75.37M	74.38M	75.9M	74.86M	73.68M	73.02M	71.92M	73.46M
Basic Shares Outstanding	77.74M	76.46M	75.37M	74.38M	75.9M	74.86M	73.68M	73.02M	71.92M	73.46M
Dividend Payout Ratio	0.31%	0.33%	0.28%	0.4%	0.36%	0.4%	0.37%	0.32%	0.27%	0.29%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	293.81M	299.3M	270.92M	304.05M	353.33M	320.87M	268.3M	309.03M	340.65M	333.61M
Cash & Short-Term Investments	168.3M	186.66M	137.92M	186.04M	239.4M	208.93M	145.81M	149.4M	171.42M	194.63M
Cash Only	126.14M	119.14M	96.31M	110.9M	138.96M	166.84M	105.84M	53.27M	75.92M	138.84M
Short-Term Investments	42.16M	67.51M	41.61M	75.14M	100.44M	42.09M	39.97M	96.13M	95.51M	55.79M
Accounts Receivable	53.78M	46.26M	65.75M	52.72M	48.46M	45.1M	58.84M	62.85M	64.73M	50.64M
Days Sales Outstanding	36.35	32.4	46.22	37.08	33.56	34.95	37.63	33.4	30.71	25.56
Inventory	62.26M	57.53M	54.83M	54.52M	59.09M	59.58M	55.51M	84.27M	94.92M	77.63M
Days Inventory Outstanding	66.65	65.24	61.13	60.17	65.34	72.32	54.53	67.71	67.6	60.28
Other Current Assets	3.53M	6.45M	406K	388K	380K	415K	386K	365K	375K	352K
Total Non-Current Assets+	615.18M	620.8M	660.03M	643.32M	624.53M	663.69M	750.32M	709.75M	743.74M	813.58M
Property, Plant & Equipment	184.59M	180.91M	178.97M	186.1M	188.46M	187.33M	208.91M	212.04M	222.98M	219.8M
Fixed Asset Turnover	2.93x	2.88x	2.90x	2.79x	2.80x	2.51x	2.73x	3.24x	3.45x	3.29x
Goodwill	73.24M	73.24M	73.24M	73.24M	73.24M	73.24M	73.24M	73.24M	73.24M	73.24M
Intangible Assets	175.02M	175.02M	175.02M	175.02M	175.02M	175.02M	175.02M	175.02M	175.02M	175.02M
Long-Term Investments	152.93M	164.66M	190.51M	170.41M	153.03M	220.02M	291.18M	247.53M	255.61M	332.34M
Other Non-Current Assets	29.09M	26.64M	41.86M	38.02M	34.1M	7.04M	603K	465K	15.19M	11.63M
Total Assets+	908.98M	920.1M	930.95M	947.36M	977.86M	984.56M	1.02B	1.02B	1.08B	1.15B
Asset Turnover	0.59x	0.57x	0.56x	0.55x	0.54x	0.48x	0.56x	0.67x	0.71x	0.63x
Asset Growth %	-0%	0.01%	0.01%	0.02%	0.03%	0.01%	0.03%	0%	0.06%	0.06%
Total Current Liabilities+	72.06M	63.56M	63.79M	61.39M	79.54M	70.02M	79.97M	90.13M	94.89M	87.29M
Accounts Payable	11.32M	10.32M	11.93M	11.82M	12.72M	13.03M	14.97M	25.25M	15.82M	13.4M
Days Payables Outstanding	12.12	11.7	13.3	13.04	14.06	15.81	14.71	20.29	11.26	10.4
Short-Term Debt	231K	336K	440K	373K	747K	832K	939K	1.05M	1.09M	924K
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	0	0	0	0	0	0
Other Current Liabilities	-1.67M	6.09M	2.7M	3.71M	5.95M	9.74M	8.58M	8.23M	16.88M	-4.82M
Current Ratio	4.08x	4.71x	4.25x	4.95x	4.44x	4.58x	3.36x	3.43x	3.59x	3.82x
Quick Ratio	3.21x	3.80x	3.39x	4.06x	3.70x	3.73x	2.66x	2.49x	2.59x	2.93x
Cash Conversion Cycle	90.87	85.94	94.04	84.21	84.83	91.46	77.45	80.82	87.05	75.43
Total Non-Current Liabilities+	138.37M	145M	133.35M	135.47M	138.67M	151.44M	169.85M	145.76M	166.4M	189.49M
Long-Term Debt	7.88M	7.73M	7.5M	7.5M	7.5M	7.5M	7.5M	7.5M	7.5M	7.5M
Capital Lease Obligations	0	0	0	0	518K	78K	6.35M	3.95M	6.02M	4.99M
Deferred Tax Liabilities	47.59M	46.06M	41.46M	43.94M	47.3M	47.9M	45.46M	45.01M	45.48M	54.54M
Other Non-Current Liabilities	82.9M	91.21M	84.4M	84.03M	83.36M	95.96M	110.55M	89.31M	107.4M	122.46M
Total Liabilities	210.44M	208.56M	197.14M	196.86M	218.22M	221.46M	249.82M	235.9M	261.28M	276.77M
Total Debt+	8.11M	8.07M	7.94M	7.87M	9.83M	9.19M	15.86M	13.29M	15.89M	14.79M
Net Debt	-118.03M	-111.08M	-88.37M	-103.03M	-129.13M	-157.65M	-89.98M	-39.98M	-60.02M	-124.05M
Debt / Equity	0.01x	0.01x	0.01x	0.01x	0.01x	0.01x	0.02x	0.02x	0.02x	0.02x
Debt / EBITDA	0.07x	0.07x	0.09x	0.09x	0.11x	0.12x	0.19x	0.10x	0.13x	0.12x
Net Debt / EBITDA	-1.06x	-1.00x	-0.99x	-1.16x	-1.47x	-2.06x	-1.06x	-0.31x	-0.50x	-1.05x
Interest Coverage	1198.45x	868.89x	489.04x	389.40x	314.61x	355.15x	1459.41x	1064.95x	302.16x	197.46x
Total Equity+	698.55M	711.54M	733.8M	750.5M	759.65M	763.1M	768.8M	782.88M	823.11M	870.41M
Equity Growth %	0.01%	0.02%	0.03%	0.02%	0.01%	0%	0.01%	0.02%	0.05%	0.06%
Book Value per Share	8.99	9.31	9.74	10.09	10.01	10.19	10.43	10.72	11.44	11.85
Total Shareholders' Equity	698.18M	711.36M	733.84M	750.62M	759.85M	763.33M	769.04M	783.17M	823.42M	870.74M
Common Stock	42.31M	43M	43.65M	44.53M	45.22M	45.89M	46.62M	47.45M	48.23M	49.36M
Retained Earnings	52.35M	43.83M	57.23M	33.77M	40.81M	32.31M	39.55M	48.28M	62.95M	57.9M
Treasury Stock	-1.99M	-1.99M	-1.99M	-1.99M	-1.99M	-1.99M	-1.99M	-1.99M	-1.99M	-1.99M
Accumulated OCI	-17.36M	-20.25M	-21.79M	-22.22M	-20.25M	-19.82M	-25.01M	-30.17M	-23.21M	-23.42M
Minority Interest	365K	174K	-36K	-125K	-205K	-227K	-245K	-289K	-315K	-334K

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	91.07M	98.55M	42.97M	100.93M	100.22M	74.71M	85.3M	72.05M	94.61M	138.89M
Operating CF Margin %	0.17%	0.19%	0.08%	0.19%	0.19%	0.16%	0.15%	0.1%	0.12%	0.19%
Operating CF Growth %	0.03%	0.08%	-0.56%	1.35%	-0.01%	-0.25%	0.14%	-0.16%	0.31%	0.47%
Net Income	66.13M	67.32M	80.65M	56.8M	64.84M	58.97M	65.31M	75.89M	91.91M	86.81M
Depreciation & Amortization	20.39M	19.63M	18.99M	18.67M	18.78M	18.18M	17.57M	17.67M	18.24M	18.18M
Stock-Based Compensation	-12.94M	3.13M	-17.79M	3.83M	3.42M	-15.7M	687K	-1.08M	0	0
Deferred Taxes	255K	199K	-2.34M	2.06M	2.83M	-279K	-1.26M	1.53M	-913K	7.76M
Other Non-Cash Items	16.04M	-295K	22.55M	-946K	-1.76M	17.11M	3.15M	6.61M	3.92M	1.83M
Working Capital Changes	1.2M	8.57M	-59.09M	20.51M	12.11M	-3.57M	-154K	-28.57M	-18.55M	24.32M
Change in Receivables	-8.93M	6.87M	-4.01M	-2.44M	5.09M	3.48M	-14.13M	-3.07M	317K	11.67M
Change in Inventory	7.53M	4.18M	1.56M	303K	-4.38M	-770K	3.94M	-28.41M	-9.6M	15.79M
Change in Payables	3.84M	-2.06M	-557K	1.65M	1.08M	3.85M	10.01M	10.33M	-3.57M	635K
Cash from Investing+	-8.52M	-51.88M	-9.34M	-44.51M	-15.01M	9.5M	-91.9M	-68.59M	-14.2M	-35.84M
Capital Expenditures	-15.53M	-16.09M	-16.67M	-27.61M	-20.26M	-17.97M	-31.43M	-23.36M	-26.8M	-18M
CapEx % of Revenue	0.03%	0.03%	0.03%	0.05%	0.04%	0.04%	0.06%	0.03%	0.03%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	1.15M	-16.09M	-23K	-27.61M	-20.26M	5.56M	-28.91M	-93.31M	0	-108.73M
Cash from Financing+	-53.91M	-51.39M	-56.88M	-42.35M	-57.19M	-55.85M	-54.15M	-56.4M	-58.18M	-39.15M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-20.77M	-22.27M	-22.62M	-22.98M	-23.46M	-23.81M	-24.14M	-24.63M	-25.08M	-25.52M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	0	0	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	75.54M	82.46M	26.3M	73.32M	79.96M	56.74M	53.87M	48.7M	67.81M	120.89M
FCF Margin %	0.14%	0.16%	0.05%	0.14%	0.15%	0.12%	0.09%	0.07%	0.09%	0.17%
FCF Growth %	-0.03%	0.09%	-0.68%	1.79%	0.09%	-0.29%	-0.05%	-0.1%	0.39%	0.78%
FCF per Share	0.97	1.08	0.35	0.99	1.05	0.76	0.73	0.67	0.94	1.65
FCF Conversion (FCF/Net Income)	1.38x	1.46x	0.53x	1.77x	1.54x	1.27x	1.31x	0.95x	1.03x	1.60x
Interest Paid	17K	34K	68K	112K	121K	57K	6K	78K	258K	268K
Taxes Paid	24.94M	36.37M	18.85M	5.68M	13.86M	14.5M	22.86M	23.88M	19.58M	38.16M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	9.51%	9.58%	11.19%	7.67%	8.6%	7.75%	8.53%	9.79%	11.45%	10.25%
Return on Invested Capital (ROIC)	11.58%	11.59%	8.48%	8.18%	8.12%	7.07%	7.84%	11.69%	10.14%	9.99%
Gross Margin	36.87%	38.23%	36.96%	36.26%	37.38%	36.17%	34.91%	33.88%	33.38%	35.01%
Net Margin	12.24%	12.96%	15.57%	10.96%	12.32%	12.52%	11.45%	11.05%	11.95%	12.01%
Debt / Equity	0.01x	0.01x	0.01x	0.01x	0.01x	0.01x	0.02x	0.02x	0.02x	0.02x
Interest Coverage	1198.45x	868.89x	489.04x	389.40x	314.61x	355.15x	1459.41x	1064.95x	302.16x	197.46x
FCF Conversion	1.38x	1.46x	0.53x	1.77x	1.54x	1.27x	1.31x	0.95x	1.03x	1.60x
Revenue Growth	-0.63%	-3.52%	-0.35%	-0.07%	1.58%	-10.63%	21.17%	20.36%	11.99%	-6%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Product	-	-	-	-	-	-	-	-	-	715.53M
Product Growth	-	-	-	-	-	-	-	-	-	-
Rental and Royalty	-	-	-	-	-	-	4.73M	5.53M	6.11M	7.69M
Rental and Royalty Growth	-	-	-	-	-	-	-	16.84%	10.54%	25.75%
Rental And Royalty	-	-	-	3.67M	3.5M	3.64M	-	-	-	-
Rental And Royalty Growth	-	-	-	-	-4.69%	3.97%	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
United States	-	-	-	-	-	-	514.44M	622.82M	693.23M	653.66M
United States Growth	-	-	-	-	-	-	-	21.07%	11.31%	-5.71%
Canada, Mexico, and Other	-	-	-	-	-	-	51.61M	58.62M	70.02M	61.87M
Canada, Mexico, and Other Growth	-	-	-	-	-	-	-	13.60%	19.44%	-11.63%
U	492.45M	475.06M	472.22M	471.56M	478.79M	431.02M	-	-	-	-
U Growth	-	-3.53%	-0.60%	-0.14%	1.53%	-9.98%	-	-	-	-
Canada Mexico And Other Countries	-	42.32M	43.45M	43.69M	44.83M	36.4M	-	-	-	-
Canada Mexico And Other Countries Growth	-	-	2.68%	0.55%	2.60%	-18.79%	-	-	-	-
Canada And Other Countries	44.24M	-	-	-	-	-	-	-	-	-
Canada And Other Countries Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Tootsie Roll Industries, Inc. (TR) has a price-to-earnings (P/E) ratio of 32.0x. This suggests investors expect higher future growth.

Growth & Financials

Tootsie Roll Industries, Inc. (TR) reported $722.8M in revenue for fiscal year 2024. This represents a 36% increase from $532.5M in 2011.

Tootsie Roll Industries, Inc. (TR) saw revenue decline by 6.0% over the past year.

Yes, Tootsie Roll Industries, Inc. (TR) is profitable, generating $91.0M in net income for fiscal year 2024 (12.0% net margin).

Dividend & Returns

Yes, Tootsie Roll Industries, Inc. (TR) pays a dividend with a yield of 0.92%. This makes it attractive for income-focused investors.

Tootsie Roll Industries, Inc. (TR) has a return on equity (ROE) of 10.3%. This is reasonable for most industries.

Tootsie Roll Industries, Inc. (TR) generated $105.2M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Tootsie Roll Industries, Inc. (TR) 10-Year Financial Performance & Capital Metrics

TR • • Industrial / General

Consumer DefensiveConfectionersChocolate & ConfectioneryClassic Candy Specialists

Revenue $723M -6.0%
EBITDA $119M -1.2%
Net Income $87M -5.5%
EPS (Diluted) 1.18 -4.8%
Gross Margin 35.01% +4.9%
EBITDA Margin 16.41% +5.1%
Operating Margin 13.9% +5.0%
Net Margin 12.01% +0.5%
ROE 10.25% -10.4%
ROIC 9.99% -1.5%
Debt/Equity 0.02 -12.0%
Interest Coverage 197.46 -34.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓FCF machine: 16.7% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Healthy 5Y average net margin of 11.8%

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y2.9%

5Y6.53%

3Y8.21%

TTM-3.75%

Profit (Net Income) CAGR

10Y3.21%

5Y5.99%

3Y9.95%

TTM-4.52%

EPS CAGR

10Y3.96%

5Y6.53%

3Y9.86%

TTM-4.51%

ROCE

10Y Avg9.15%

5Y Avg9.19%

3Y Avg10.76%

Latest9.81%

Peer Comparison

Classic Candy Specialists

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TRTootsie Roll Industries, Inc.	1.58B	37.80	32.03	-6%	12.58%	10.19%	7.65%	0.02

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	540.11M	521.1M	519.29M	518.92M	527.11M	471.06M	570.78M	686.97M	769.37M	723.22M
Revenue Growth %	-0.01%	-0.04%	-0%	-0%	0.02%	-0.11%	0.21%	0.2%	0.12%	-0.06%
Cost of Goods Sold+	340.98M	321.89M	327.38M	330.75M	330.1M	300.7M	371.54M	454.24M	512.52M	470.04M
COGS % of Revenue	0.63%	0.62%	0.63%	0.64%	0.63%	0.64%	0.65%	0.66%	0.67%	0.65%
Gross Profit+	199.13M	199.21M	191.91M	188.17M	197.02M	170.36M	199.24M	232.73M	256.84M	253.18M
Gross Margin %	0.37%	0.38%	0.37%	0.36%	0.37%	0.36%	0.35%	0.34%	0.33%	0.35%
Gross Profit Growth %	-0.01%	0%	-0.04%	-0.02%	0.05%	-0.14%	0.17%	0.17%	0.1%	-0.01%
Operating Expenses+	108.05M	107.98M	121.48M	117.69M	127.8M	112.12M	132.11M	121.98M	155.01M	152.68M
OpEx % of Revenue	0.2%	0.21%	0.23%	0.23%	0.24%	0.24%	0.23%	0.18%	0.2%	0.21%
Selling, General & Admin	108.05M	107.98M	121.48M	117.69M	127.8M	112.12M	132.11M	121.98M	155.01M	152.68M
SG&A % of Revenue	0.2%	0.21%	0.23%	0.23%	0.24%	0.24%	0.23%	0.18%	0.2%	0.21%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	91.08M	91.23M	70.42M	70.48M	69.21M	58.24M	67.13M	110.75M	101.83M	100.5M
Operating Margin %	0.17%	0.18%	0.14%	0.14%	0.13%	0.12%	0.12%	0.16%	0.13%	0.14%
Operating Income Growth %	0.09%	0%	-0.23%	0%	-0.02%	-0.16%	0.15%	0.65%	-0.08%	-0.01%
EBITDA+	111.47M	110.86M	89.41M	89.15M	87.99M	76.43M	84.7M	128.42M	120.07M	118.68M
EBITDA Margin %	0.21%	0.21%	0.17%	0.17%	0.17%	0.16%	0.15%	0.19%	0.16%	0.16%
EBITDA Growth %	0.06%	-0.01%	-0.19%	-0%	-0.01%	-0.13%	0.11%	0.52%	-0.07%	-0.01%
D&A (Non-Cash Add-back)	20.39M	19.63M	18.99M	18.67M	18.78M	18.18M	17.57M	17.67M	18.24M	18.18M
EBIT	92.65M	98.02M	84.7M	73.39M	85.62M	76.43M	85.78M	98.25M	120.23M	127.38M
Net Interest Income+	1.34M	2.02M	2.71M	3.35M	4.2M	3.84M	2.69M	2.54M	4.87M	9.09M
Interest Income	1.42M	2.13M	2.85M	3.54M	4.42M	4M	2.74M	2.64M	5.21M	9.6M
Interest Expense	76K	105K	144K	181K	220K	164K	46K	104K	337K	509K
Other Income/Expense	1.5M	6.68M	14.14M	2.72M	16.19M	18.02M	18.6M	-12.61M	18.07M	26.37M
Pretax Income+	92.58M	97.91M	84.56M	73.21M	85.4M	76.26M	85.73M	98.14M	119.89M	126.87M
Pretax Margin %	0.17%	0.19%	0.16%	0.14%	0.16%	0.16%	0.15%	0.14%	0.16%	0.18%
Income Tax+	26.45M	30.59M	3.91M	16.4M	20.57M	17.29M	20.42M	22.25M	28.01M	40.06M
Effective Tax Rate %	0.71%	0.69%	0.96%	0.78%	0.76%	0.77%	0.76%	0.77%	0.77%	0.68%
Net Income+	66.09M	67.51M	80.86M	56.89M	64.92M	58.99M	65.33M	75.94M	91.91M	86.83M
Net Margin %	0.12%	0.13%	0.16%	0.11%	0.12%	0.13%	0.11%	0.11%	0.12%	0.12%
Net Income Growth %	0.04%	0.02%	0.2%	-0.3%	0.14%	-0.09%	0.11%	0.16%	0.21%	-0.06%
Net Income (Continuing)	66.13M	67.32M	80.65M	56.8M	64.84M	58.97M	65.31M	75.89M	91.89M	86.81M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	365K	174K	-36K	-125K	-205K	-227K	-245K	-289K	-315K	-334K
EPS (Diluted)+	0.85	0.88	1.08	0.76	0.86	0.79	0.89	1.01	1.24	1.18
EPS Growth %	0.06%	0.04%	0.23%	-0.3%	0.13%	-0.08%	0.13%	0.13%	0.23%	-0.05%
EPS (Basic)	0.85	0.88	1.08	0.76	0.86	0.79	0.89	1.01	1.24	1.18
Diluted Shares Outstanding	77.74M	76.46M	75.37M	74.38M	75.9M	74.86M	73.68M	73.02M	71.92M	73.46M
Basic Shares Outstanding	77.74M	76.46M	75.37M	74.38M	75.9M	74.86M	73.68M	73.02M	71.92M	73.46M
Dividend Payout Ratio	0.31%	0.33%	0.28%	0.4%	0.36%	0.4%	0.37%	0.32%	0.27%	0.29%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	293.81M	299.3M	270.92M	304.05M	353.33M	320.87M	268.3M	309.03M	340.65M	333.61M
Cash & Short-Term Investments	168.3M	186.66M	137.92M	186.04M	239.4M	208.93M	145.81M	149.4M	171.42M	194.63M
Cash Only	126.14M	119.14M	96.31M	110.9M	138.96M	166.84M	105.84M	53.27M	75.92M	138.84M
Short-Term Investments	42.16M	67.51M	41.61M	75.14M	100.44M	42.09M	39.97M	96.13M	95.51M	55.79M
Accounts Receivable	53.78M	46.26M	65.75M	52.72M	48.46M	45.1M	58.84M	62.85M	64.73M	50.64M
Days Sales Outstanding	36.35	32.4	46.22	37.08	33.56	34.95	37.63	33.4	30.71	25.56
Inventory	62.26M	57.53M	54.83M	54.52M	59.09M	59.58M	55.51M	84.27M	94.92M	77.63M
Days Inventory Outstanding	66.65	65.24	61.13	60.17	65.34	72.32	54.53	67.71	67.6	60.28
Other Current Assets	3.53M	6.45M	406K	388K	380K	415K	386K	365K	375K	352K
Total Non-Current Assets+	615.18M	620.8M	660.03M	643.32M	624.53M	663.69M	750.32M	709.75M	743.74M	813.58M
Property, Plant & Equipment	184.59M	180.91M	178.97M	186.1M	188.46M	187.33M	208.91M	212.04M	222.98M	219.8M
Fixed Asset Turnover	2.93x	2.88x	2.90x	2.79x	2.80x	2.51x	2.73x	3.24x	3.45x	3.29x
Goodwill	73.24M	73.24M	73.24M	73.24M	73.24M	73.24M	73.24M	73.24M	73.24M	73.24M
Intangible Assets	175.02M	175.02M	175.02M	175.02M	175.02M	175.02M	175.02M	175.02M	175.02M	175.02M
Long-Term Investments	152.93M	164.66M	190.51M	170.41M	153.03M	220.02M	291.18M	247.53M	255.61M	332.34M
Other Non-Current Assets	29.09M	26.64M	41.86M	38.02M	34.1M	7.04M	603K	465K	15.19M	11.63M
Total Assets+	908.98M	920.1M	930.95M	947.36M	977.86M	984.56M	1.02B	1.02B	1.08B	1.15B
Asset Turnover	0.59x	0.57x	0.56x	0.55x	0.54x	0.48x	0.56x	0.67x	0.71x	0.63x
Asset Growth %	-0%	0.01%	0.01%	0.02%	0.03%	0.01%	0.03%	0%	0.06%	0.06%
Total Current Liabilities+	72.06M	63.56M	63.79M	61.39M	79.54M	70.02M	79.97M	90.13M	94.89M	87.29M
Accounts Payable	11.32M	10.32M	11.93M	11.82M	12.72M	13.03M	14.97M	25.25M	15.82M	13.4M
Days Payables Outstanding	12.12	11.7	13.3	13.04	14.06	15.81	14.71	20.29	11.26	10.4
Short-Term Debt	231K	336K	440K	373K	747K	832K	939K	1.05M	1.09M	924K
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	0	0	0	0	0	0
Other Current Liabilities	-1.67M	6.09M	2.7M	3.71M	5.95M	9.74M	8.58M	8.23M	16.88M	-4.82M
Current Ratio	4.08x	4.71x	4.25x	4.95x	4.44x	4.58x	3.36x	3.43x	3.59x	3.82x
Quick Ratio	3.21x	3.80x	3.39x	4.06x	3.70x	3.73x	2.66x	2.49x	2.59x	2.93x
Cash Conversion Cycle	90.87	85.94	94.04	84.21	84.83	91.46	77.45	80.82	87.05	75.43
Total Non-Current Liabilities+	138.37M	145M	133.35M	135.47M	138.67M	151.44M	169.85M	145.76M	166.4M	189.49M
Long-Term Debt	7.88M	7.73M	7.5M	7.5M	7.5M	7.5M	7.5M	7.5M	7.5M	7.5M
Capital Lease Obligations	0	0	0	0	518K	78K	6.35M	3.95M	6.02M	4.99M
Deferred Tax Liabilities	47.59M	46.06M	41.46M	43.94M	47.3M	47.9M	45.46M	45.01M	45.48M	54.54M
Other Non-Current Liabilities	82.9M	91.21M	84.4M	84.03M	83.36M	95.96M	110.55M	89.31M	107.4M	122.46M
Total Liabilities	210.44M	208.56M	197.14M	196.86M	218.22M	221.46M	249.82M	235.9M	261.28M	276.77M
Total Debt+	8.11M	8.07M	7.94M	7.87M	9.83M	9.19M	15.86M	13.29M	15.89M	14.79M
Net Debt	-118.03M	-111.08M	-88.37M	-103.03M	-129.13M	-157.65M	-89.98M	-39.98M	-60.02M	-124.05M
Debt / Equity	0.01x	0.01x	0.01x	0.01x	0.01x	0.01x	0.02x	0.02x	0.02x	0.02x
Debt / EBITDA	0.07x	0.07x	0.09x	0.09x	0.11x	0.12x	0.19x	0.10x	0.13x	0.12x
Net Debt / EBITDA	-1.06x	-1.00x	-0.99x	-1.16x	-1.47x	-2.06x	-1.06x	-0.31x	-0.50x	-1.05x
Interest Coverage	1198.45x	868.89x	489.04x	389.40x	314.61x	355.15x	1459.41x	1064.95x	302.16x	197.46x
Total Equity+	698.55M	711.54M	733.8M	750.5M	759.65M	763.1M	768.8M	782.88M	823.11M	870.41M
Equity Growth %	0.01%	0.02%	0.03%	0.02%	0.01%	0%	0.01%	0.02%	0.05%	0.06%
Book Value per Share	8.99	9.31	9.74	10.09	10.01	10.19	10.43	10.72	11.44	11.85
Total Shareholders' Equity	698.18M	711.36M	733.84M	750.62M	759.85M	763.33M	769.04M	783.17M	823.42M	870.74M
Common Stock	42.31M	43M	43.65M	44.53M	45.22M	45.89M	46.62M	47.45M	48.23M	49.36M
Retained Earnings	52.35M	43.83M	57.23M	33.77M	40.81M	32.31M	39.55M	48.28M	62.95M	57.9M
Treasury Stock	-1.99M	-1.99M	-1.99M	-1.99M	-1.99M	-1.99M	-1.99M	-1.99M	-1.99M	-1.99M
Accumulated OCI	-17.36M	-20.25M	-21.79M	-22.22M	-20.25M	-19.82M	-25.01M	-30.17M	-23.21M	-23.42M
Minority Interest	365K	174K	-36K	-125K	-205K	-227K	-245K	-289K	-315K	-334K

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	91.07M	98.55M	42.97M	100.93M	100.22M	74.71M	85.3M	72.05M	94.61M	138.89M
Operating CF Margin %	0.17%	0.19%	0.08%	0.19%	0.19%	0.16%	0.15%	0.1%	0.12%	0.19%
Operating CF Growth %	0.03%	0.08%	-0.56%	1.35%	-0.01%	-0.25%	0.14%	-0.16%	0.31%	0.47%
Net Income	66.13M	67.32M	80.65M	56.8M	64.84M	58.97M	65.31M	75.89M	91.91M	86.81M
Depreciation & Amortization	20.39M	19.63M	18.99M	18.67M	18.78M	18.18M	17.57M	17.67M	18.24M	18.18M
Stock-Based Compensation	-12.94M	3.13M	-17.79M	3.83M	3.42M	-15.7M	687K	-1.08M	0	0
Deferred Taxes	255K	199K	-2.34M	2.06M	2.83M	-279K	-1.26M	1.53M	-913K	7.76M
Other Non-Cash Items	16.04M	-295K	22.55M	-946K	-1.76M	17.11M	3.15M	6.61M	3.92M	1.83M
Working Capital Changes	1.2M	8.57M	-59.09M	20.51M	12.11M	-3.57M	-154K	-28.57M	-18.55M	24.32M
Change in Receivables	-8.93M	6.87M	-4.01M	-2.44M	5.09M	3.48M	-14.13M	-3.07M	317K	11.67M
Change in Inventory	7.53M	4.18M	1.56M	303K	-4.38M	-770K	3.94M	-28.41M	-9.6M	15.79M
Change in Payables	3.84M	-2.06M	-557K	1.65M	1.08M	3.85M	10.01M	10.33M	-3.57M	635K
Cash from Investing+	-8.52M	-51.88M	-9.34M	-44.51M	-15.01M	9.5M	-91.9M	-68.59M	-14.2M	-35.84M
Capital Expenditures	-15.53M	-16.09M	-16.67M	-27.61M	-20.26M	-17.97M	-31.43M	-23.36M	-26.8M	-18M
CapEx % of Revenue	0.03%	0.03%	0.03%	0.05%	0.04%	0.04%	0.06%	0.03%	0.03%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	1.15M	-16.09M	-23K	-27.61M	-20.26M	5.56M	-28.91M	-93.31M	0	-108.73M
Cash from Financing+	-53.91M	-51.39M	-56.88M	-42.35M	-57.19M	-55.85M	-54.15M	-56.4M	-58.18M	-39.15M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-20.77M	-22.27M	-22.62M	-22.98M	-23.46M	-23.81M	-24.14M	-24.63M	-25.08M	-25.52M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	0	0	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	75.54M	82.46M	26.3M	73.32M	79.96M	56.74M	53.87M	48.7M	67.81M	120.89M
FCF Margin %	0.14%	0.16%	0.05%	0.14%	0.15%	0.12%	0.09%	0.07%	0.09%	0.17%
FCF Growth %	-0.03%	0.09%	-0.68%	1.79%	0.09%	-0.29%	-0.05%	-0.1%	0.39%	0.78%
FCF per Share	0.97	1.08	0.35	0.99	1.05	0.76	0.73	0.67	0.94	1.65
FCF Conversion (FCF/Net Income)	1.38x	1.46x	0.53x	1.77x	1.54x	1.27x	1.31x	0.95x	1.03x	1.60x
Interest Paid	17K	34K	68K	112K	121K	57K	6K	78K	258K	268K
Taxes Paid	24.94M	36.37M	18.85M	5.68M	13.86M	14.5M	22.86M	23.88M	19.58M	38.16M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	9.51%	9.58%	11.19%	7.67%	8.6%	7.75%	8.53%	9.79%	11.45%	10.25%
Return on Invested Capital (ROIC)	11.58%	11.59%	8.48%	8.18%	8.12%	7.07%	7.84%	11.69%	10.14%	9.99%
Gross Margin	36.87%	38.23%	36.96%	36.26%	37.38%	36.17%	34.91%	33.88%	33.38%	35.01%
Net Margin	12.24%	12.96%	15.57%	10.96%	12.32%	12.52%	11.45%	11.05%	11.95%	12.01%
Debt / Equity	0.01x	0.01x	0.01x	0.01x	0.01x	0.01x	0.02x	0.02x	0.02x	0.02x
Interest Coverage	1198.45x	868.89x	489.04x	389.40x	314.61x	355.15x	1459.41x	1064.95x	302.16x	197.46x
FCF Conversion	1.38x	1.46x	0.53x	1.77x	1.54x	1.27x	1.31x	0.95x	1.03x	1.60x
Revenue Growth	-0.63%	-3.52%	-0.35%	-0.07%	1.58%	-10.63%	21.17%	20.36%	11.99%	-6%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Product	-	-	-	-	-	-	-	-	-	715.53M
Product Growth	-	-	-	-	-	-	-	-	-	-
Rental and Royalty	-	-	-	-	-	-	4.73M	5.53M	6.11M	7.69M
Rental and Royalty Growth	-	-	-	-	-	-	-	16.84%	10.54%	25.75%
Rental And Royalty	-	-	-	3.67M	3.5M	3.64M	-	-	-	-
Rental And Royalty Growth	-	-	-	-	-4.69%	3.97%	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
United States	-	-	-	-	-	-	514.44M	622.82M	693.23M	653.66M
United States Growth	-	-	-	-	-	-	-	21.07%	11.31%	-5.71%
Canada, Mexico, and Other	-	-	-	-	-	-	51.61M	58.62M	70.02M	61.87M
Canada, Mexico, and Other Growth	-	-	-	-	-	-	-	13.60%	19.44%	-11.63%
U	492.45M	475.06M	472.22M	471.56M	478.79M	431.02M	-	-	-	-
U Growth	-	-3.53%	-0.60%	-0.14%	1.53%	-9.98%	-	-	-	-
Canada Mexico And Other Countries	-	42.32M	43.45M	43.69M	44.83M	36.4M	-	-	-	-
Canada Mexico And Other Countries Growth	-	-	2.68%	0.55%	2.60%	-18.79%	-	-	-	-
Canada And Other Countries	44.24M	-	-	-	-	-	-	-	-	-
Canada And Other Countries Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Tootsie Roll Industries, Inc. (TR) has a price-to-earnings (P/E) ratio of 32.0x. This suggests investors expect higher future growth.

Growth & Financials

Tootsie Roll Industries, Inc. (TR) reported $722.8M in revenue for fiscal year 2024. This represents a 36% increase from $532.5M in 2011.

Tootsie Roll Industries, Inc. (TR) saw revenue decline by 6.0% over the past year.

Yes, Tootsie Roll Industries, Inc. (TR) is profitable, generating $91.0M in net income for fiscal year 2024 (12.0% net margin).

Dividend & Returns

Yes, Tootsie Roll Industries, Inc. (TR) pays a dividend with a yield of 0.92%. This makes it attractive for income-focused investors.

Tootsie Roll Industries, Inc. (TR) has a return on equity (ROE) of 10.3%. This is reasonable for most industries.

Tootsie Roll Industries, Inc. (TR) generated $105.2M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.