NYSE : TR
Tootsie Roll Industries, Inc. — Financial statements
Consumer Staples · Confectioners · United States
Last price 36.55 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 2.74B
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Financial statements
Tootsie Roll Industries, Inc. (TR) reported revenue of 734.74M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 734.74M | 732.52M | 723.22M | 769.37M | 686.97M | 570.78M |
| Cost of Revenue | 481.31M | 474.08M | 470.04M | 512.52M | 454.24M | 371.54M |
| Gross Profit | 253.43M | 258.44M | 253.18M | 256.84M | 232.73M | 199.24M |
| Selling, General & Admin | 146.56M | 141.03M | 136.51M | 154.25M | 121.98M | 132.11M |
| Operating Expenses | 146.56M | 141.03M | 136.51M | 154.25M | 121.98M | 132.11M |
| Operating Income | 106.88M | 117.41M | 116.67M | 102.59M | 110.75M | 67.13M |
| Interest Expense | -447.00K | -447.00K | -509.00K | -337.00K | -104.00K | -46.00K |
| Interest & Investment Income | 23.73M | 20.19M | 9.60M | 5.21M | 2.64M | 2.74M |
| Currency Exchange Gain (Loss) | -1.89M | -1.71M | 511.00K | -2.80M | 1.31M | 667.00K |
| Other Non Operating Income (Expenses) | 1.42M | 1.70M | 430.00K | 15.41M | -16.58M | 15.52M |
| EBT Excluding Unusual Items | 129.70M | 137.14M | 126.69M | 120.07M | 98.02M | 86.02M |
| Gain (Loss) on Sale of Assets | 96.00K | 96.00K | 176.00K | -172.00K | 121.00K | -286.00K |
| Pretax Income | 129.80M | 137.24M | 126.87M | 119.89M | 98.14M | 85.73M |
| Income Tax Expense | 34.44M | 37.25M | 40.06M | 28.01M | 22.25M | 20.42M |
| Earnings From Continuing Operations | 95.36M | 99.98M | 86.81M | 91.89M | 75.89M | 65.31M |
| Minority Interest in Earnings | 95.00K | 70.00K | 19.00K | 26.00K | 45.00K | 18.00K |
| Net Income | 95.46M | 100.05M | 86.83M | 91.91M | 75.94M | 65.33M |
| Net Income to Common | 95.46M | 100.05M | 86.83M | 91.91M | 75.94M | 65.33M |
| Shares Outstanding (Basic) | 75.06M | 75.09M | 75.64M | 76.28M | 77.39M | 78.11M |
| Shares Outstanding (Diluted) | 75.06M | 75.09M | 75.64M | 76.28M | 77.39M | 78.11M |
| EPS (Basic) | 1.27 | 1.33 | 1.15 | 1.20 | 0.98 | 0.84 |
| EPS (Diluted) | 1.27 | 1.33 | 1.15 | 1.20 | 0.98 | 0.84 |
| Free Cash Flow | 80.16M | 96.35M | 120.89M | 67.81M | 48.70M | 53.87M |
| Free Cash Flow Per Share | 1.07 | 1.28 | 1.60 | 0.89 | 0.63 | 0.69 |
| Dividend Per Share | 0.35 | 0.35 | 0.34 | 0.33 | 0.32 | 0.31 |
| Gross Margin | 34.49% | 35.28% | 35.01% | 33.38% | 33.88% | 34.91% |
| Operating Margin | 14.55% | 16.03% | 16.13% | 13.33% | 16.12% | 11.76% |
| Profit Margin | 12.99% | 13.66% | 12.01% | 11.95% | 11.05% | 11.45% |
| Free Cash Flow Margin | 10.91% | 13.15% | 16.72% | 8.81% | 7.09% | 9.44% |
| EBITDA | 126.46M | 136.48M | 134.84M | 120.83M | 128.42M | 84.70M |
| EBITDA Margin | 17.21% | 18.63% | 18.64% | 15.71% | 18.69% | 14.84% |
| D&A For EBITDA | 19.59M | 19.07M | 18.18M | 18.24M | 17.67M | 17.57M |
| EBIT | 106.88M | 117.41M | 116.67M | 102.59M | 110.75M | 67.13M |
| EBIT Margin | 14.55% | 16.03% | 16.13% | 13.33% | 16.12% | 11.76% |
| Effective Tax Rate | 26.53% | 27.15% | 31.58% | 23.36% | 22.67% | 23.82% |
| Revenue as Reported | 734.74M | 732.52M | 723.22M | 769.37M | 686.97M | 570.78M |
| Advertising Expenses | 5.84M | 3.04M | 2.71M | 2.48M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 62.08M | 127.17M | 138.84M | 75.92M | 53.27M | 105.84M |
| Short-Term Investments | 79.04M | 49.47M | 55.79M | 95.51M | 96.13M | 39.97M |
| Cash & Short-Term Investments | 141.12M | 176.63M | 194.63M | 171.42M | 149.40M | 145.81M |
| Accounts Receivable | 52.34M | 47.90M | 43.81M | 55.57M | 58.56M | 54.92M |
| Other Receivables | 5.22M | 6.19M | 6.79M | 8.85M | 4.29M | 3.26M |
| Receivables | 57.56M | 54.09M | 50.60M | 64.42M | 62.84M | 58.18M |
| Inventory | 119.86M | 75.18M | 77.62M | 94.92M | 84.27M | 55.51M |
| Prepaid Expenses | 16.17M | 15.07M | 10.36M | 9.20M | 12.14M | 7.76M |
| Restricted Cash | 395.00K | 399.00K | 352.00K | 375.00K | 365.00K | 386.00K |
| Other Current Assets | -167.00K | 92.00K | 39.00K | 318.00K | 10.00K | 657.00K |
| Total Current Assets | 334.93M | 321.47M | 333.61M | 340.65M | 309.03M | 268.30M |
| Property, Plant & Equipment | 247.41M | 237.76M | 219.80M | 222.98M | 212.04M | 208.91M |
| Long-Term Investments | 431.78M | 437.11M | 332.34M | 255.61M | 247.53M | 291.18M |
| Goodwill | 73.24M | 73.24M | 73.24M | 73.24M | 73.24M | 73.24M |
| Other Intangible Assets | 175.02M | 175.02M | 175.02M | 175.02M | 175.02M | 175.02M |
| Long-Term Deferred Tax Assets | 2.12M | 2.06M | 1.54M | 1.71M | 1.45M | 1.37M |
| Other Long-Term Assets | 5.11M | 7.31M | 11.63M | 15.19M | 465.00K | 603.00K |
| Total Assets | 1.27B | 1.25B | 1.15B | 1.08B | 1.02B | 1.02B |
| Accounts Payable | 28.29M | 15.86M | 13.40M | 15.82M | 25.25M | 14.97M |
| Accrued Expenses | 70.72M | 66.20M | 61.53M | 59.81M | 54.82M | 54.41M |
| Short-Term Debt | 8.33M | 994.00K | 924.00K | 1.09M | 1.05M | 939.00K |
| Current Portion of Leases | 1.04M | 1.14M | 1.37M | 1.29M | 791.00K | 1.07M |
| Current Income Taxes Payable | 5.94M | 636.00K | 8.09M | 1.79M | 2.43M | |
| Other Current Liabilities | 7.38M | 8.32M | 9.43M | 8.79M | 6.44M | 6.15M |
| Total Current Liabilities | 115.77M | 98.45M | 87.29M | 94.89M | 90.13M | 79.97M |
| Long-Term Debt | 7.50M | 7.50M | 7.50M | 7.50M | 7.50M | |
| Long-Term Leases | 3.91M | 4.25M | 4.99M | 6.02M | 3.95M | 6.35M |
| Pension & Post-Retirement Benefits | 8.80M | 8.88M | 8.70M | 9.65M | 9.30M | 12.62M |
| Long-Term Deferred Tax Liabilities | 64.92M | 66.58M | 54.54M | 45.48M | 45.01M | 45.46M |
| Other Long-Term Liabilities | 124.40M | 127.75M | 113.76M | 97.75M | 80.00M | 97.93M |
| Total Liabilities | 317.81M | 313.41M | 276.77M | 261.28M | 235.90M | 249.82M |
| Common Stock | 52.13M | 50.69M | 49.36M | 48.23M | 47.45M | 46.62M |
| Additional Paid-In Capital | 915.00M | 847.31M | 788.89M | 737.45M | 719.61M | 709.88M |
| Retained Earnings | 9.94M | 65.47M | 57.90M | 62.95M | 48.28M | 39.55M |
| Treasury Stock | -1.99M | -1.99M | -1.99M | -1.99M | -1.99M | -1.99M |
| Comprehensive Income & Other | -22.82M | -20.50M | -23.42M | -23.21M | -30.17M | -25.01M |
| Total Common Equity | 952.27M | 940.97M | 870.74M | 823.42M | 783.17M | 769.04M |
| Minority Interest | -460.00K | -404.00K | -334.00K | -315.00K | -289.00K | -245.00K |
| Shareholders' Equity | 951.81M | 940.57M | 870.41M | 823.11M | 782.88M | 768.80M |
| Total Liabilities & Equity | 1.27B | 1.25B | 1.15B | 1.08B | 1.02B | 1.02B |
| Total Debt | 13.29M | 13.88M | 14.79M | 15.89M | 13.29M | 15.86M |
| Net Cash (Debt) | 127.84M | 162.75M | 179.84M | 155.53M | 136.10M | 129.95M |
| Net Cash Per Share | 1.70 | 2.17 | 2.38 | 2.04 | 1.76 | 1.66 |
| Filing Date Shares Outstanding | 74.96M | 75.18M | 73.67M | 75.88M | 76.86M | 77.72M |
| Total Common Shares Outstanding | 74.96M | 75.07M | 75.29M | 75.77M | 76.79M | 77.72M |
| Working Capital | 219.16M | 223.02M | 246.32M | 245.76M | 218.89M | 188.33M |
| Book Value Per Share | 12.70 | 12.54 | 11.56 | 10.87 | 10.20 | 9.90 |
| Tangible Book Value | 704.01M | 692.71M | 622.48M | 575.16M | 534.91M | 520.78M |
| Tangible Book Value Per Share | 9.39 | 9.23 | 8.27 | 7.59 | 6.97 | 6.70 |
| Land | 21.81M | 21.81M | 21.71M | 21.86M | 21.71M | 21.70M |
| Buildings | 156.60M | 156.50M | 148.78M | 144.95M | 142.46M | 130.16M |
| Machinery | 518.36M | 518.66M | 499.21M | 485.26M | 467.98M | 446.78M |
| Construction In Progress | 35.38M | 15.48M | 6.82M | 11.28M | 4.33M | 15.34M |
| Order Backlog | 7.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 95.46M | 100.05M | 86.83M | 91.91M | 75.94M | 65.33M |
| Depreciation & Amortization | 19.59M | 19.07M | 18.18M | 18.24M | 17.67M | 17.57M |
| Loss (Gain) From Sale of Investments | -7.59M | -5.39M | 1.83M | 3.95M | 5.53M | 3.84M |
| Other Operating Activities | 10.15M | 11.54M | 7.74M | -939.00K | 1.49M | -1.28M |
| Change in Accounts Receivable | -3.23M | -3.29M | 10.23M | 4.89M | -3.07M | -14.13M |
| Change in Inventory | 7.76M | 3.42M | 15.79M | -9.60M | -28.41M | 3.94M |
| Change in Accounts Payable | 3.11M | -448.00K | 635.00K | -3.57M | 10.33M | 10.01M |
| Change in Income Taxes | 1.92M | 6.22M | -7.66M | 9.58M | -4.57M | -1.30M |
| Change in Other Net Operating Assets | -2.50M | -562.00K | 5.33M | -19.85M | -2.85M | 1.32M |
| Operating Cash Flow | 124.67M | 130.61M | 138.89M | 94.61M | 72.05M | 85.30M |
| Capital Expenditures | -44.51M | -34.26M | -18.00M | -26.80M | -23.36M | -31.43M |
| Investment in Securities | -109.30M | -76.28M | -17.84M | 12.60M | -45.23M | -62.99M |
| Other Investing Activities | 2.51M | |||||
| Investing Cash Flow | -153.81M | -110.55M | -35.84M | -14.20M | -68.59M | -91.90M |
| Short-Term Debt Issued | 3.07M | 3.83M | 3.50M | 3.99M | ||
| Long-Term Debt Issued | 3.79M | |||||
| Total Debt Issued | 3.23M | 3.07M | 3.83M | 3.50M | 3.99M | 3.79M |
| Short-Term Debt Repaid | -3.07M | -3.93M | -3.49M | -3.85M | ||
| Long-Term Debt Repaid | -3.62M | |||||
| Total Debt Repaid | -3.35M | -3.07M | -3.93M | -3.49M | -3.85M | -3.62M |
| Net Debt Issued (Repaid) | -115.00K | -1.00K | -100.00K | 10.00K | 139.00K | 174.00K |
| Repurchase of Common Stock | -3.82M | -6.48M | -13.53M | -33.11M | -31.91M | -30.18M |
| Common Dividends Paid | -26.46M | -26.07M | -25.52M | -25.08M | -24.63M | -24.14M |
| Financing Cash Flow | -30.40M | -32.55M | -39.15M | -58.18M | -56.40M | -54.15M |
| Foreign Exchange Rate Adjustments | 1.10M | 852.00K | -995.00K | 424.00K | 347.00K | -283.00K |
| Net Cash Flow | -58.45M | -11.63M | 62.90M | 22.66M | -52.59M | -61.03M |
| Free Cash Flow | 80.16M | 96.35M | 120.89M | 67.81M | 48.70M | 53.87M |
| Free Cash Flow Margin | 10.91% | 13.15% | 16.72% | 8.81% | 7.09% | 9.44% |
| Free Cash Flow Per Share | 1.07 | 1.28 | 1.60 | 0.89 | 0.63 | 0.69 |
| Levered Free Cash Flow | 59.25M | 63.38M | 95.51M | 49.97M | 36.67M | 27.07M |
| Unlevered Free Cash Flow | 59.53M | 63.66M | 95.83M | 50.18M | 36.73M | 27.10M |
| Cash Interest Paid | 184.00K | 195.00K | 268.00K | 258.00K | 78.00K | 6.00K |
| Cash Income Tax Paid | 27.39M | 25.14M | 38.16M | 19.58M | 23.88M | 22.86M |
| Change in Working Capital | 7.07M | 5.35M | 24.32M | -18.55M | -28.57M | -154.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.76B | 2.62B | 2.31B | 2.22B | 3.13B | 2.30B |
| Enterprise Value | 2.63B | 2.51B | 2.16B | 2.09B | 2.99B | 2.20B |
| Last Close Price | 36.86 | 35.32 | 29.96 | 29.56 | 36.39 | 29.76 |
| PE Ratio | 28.98 | 26.17 | 26.62 | 24.11 | 41.19 | 35.24 |
| Forward PE | 28.02 | 28.02 | 28.02 | 28.02 | 28.02 | |
| PS Ratio | 3.76 | 3.58 | 3.20 | 2.88 | 4.55 | 4.03 |
| PB Ratio | 2.90 | 2.78 | 2.66 | 2.69 | 4.00 | 3.00 |
| P/TBV Ratio | 3.92 | 3.78 | 3.71 | 3.85 | 5.85 | 4.42 |
| P/FCF Ratio | 34.43 | 27.18 | 19.12 | 32.67 | 64.23 | 42.73 |
| P/OCF Ratio | 22.13 | 20.05 | 16.64 | 23.42 | 43.41 | 26.99 |
| EV/Sales Ratio | 3.58 | 3.43 | 2.99 | 2.72 | 4.36 | 3.86 |
| EV/EBITDA Ratio | 20.81 | 18.41 | 16.04 | 17.33 | 23.32 | 26.00 |
| EV/EBIT Ratio | 24.62 | 21.40 | 18.54 | 20.42 | 27.04 | 32.81 |
| EV/FCF Ratio | 32.83 | 26.08 | 17.89 | 30.88 | 61.50 | 40.88 |
| Debt / Equity Ratio | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 |
| Debt / EBITDA Ratio | 0.10 | 0.10 | 0.11 | 0.13 | 0.10 | 0.18 |
| Debt / FCF Ratio | 0.17 | 0.14 | 0.12 | 0.23 | 0.27 | 0.29 |
| Net Debt / Equity Ratio | -0.13 | -0.17 | -0.21 | -0.19 | -0.17 | -0.17 |
| Net Debt / EBITDA Ratio | -1.01 | -1.19 | -1.33 | -1.29 | -1.06 | -1.53 |
| Net Debt / FCF Ratio | -1.59 | -1.69 | -1.49 | -2.29 | -2.79 | -2.41 |
| Asset Turnover | 0.60 | 0.61 | 0.65 | 0.73 | 0.67 | 0.57 |
| Inventory Turnover | 3.89 | 6.21 | 5.45 | 5.72 | 6.50 | 6.46 |
| Quick Ratio | 1.72 | 2.34 | 2.81 | 2.48 | 2.35 | 2.55 |
| Current Ratio | 2.89 | 3.27 | 3.82 | 3.59 | 3.43 | 3.35 |
| Return on Equity (ROE) | 10.34% | 11.04% | 10.25% | 11.44% | 9.78% | 8.53% |
| Return on Assets (ROA) | 5.45% | 6.11% | 6.54% | 6.10% | 6.79% | 4.19% |
| Return on Invested Capital (ROIC) | 9.71% | 11.65% | 11.76% | 11.96% | 13.32% | 8.51% |
| Return on Capital Employed (ROCE) | 9.30% | 10.20% | 11.00% | 10.40% | 11.90% | 7.20% |
| Earnings Yield | 3.45% | 3.82% | 3.76% | 4.15% | 2.43% | 2.84% |
| FCF Yield | 2.90% | 3.68% | 5.23% | 3.06% | 1.56% | 2.34% |
| Dividend Yield | 0.98% | 0.99% | 1.10% | 1.13% | 0.78% | 1.05% |
| Payout Ratio | 28.31% | 26.05% | 29.39% | 27.28% | 32.43% | 36.95% |
| Buyback Yield / Dilution | 0.34% | 0.73% | 0.84% | 1.43% | 0.92% | 1.55% |
| Total Shareholder Return | 1.32% | 1.72% | 1.94% | 2.55% | 1.71% | 2.60% |