Tootsie Roll Industries Inc (TR)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 86,827 | 11,380 | 12,918 | 12,004 | 27,147 | 105,429 | 97,624 | 94,887 | 75,937 | 70,625 | 68,781 | 66,586 | 65,326 | 60,246 | 60,186 | 57,780 | 12,029,013 | 12,028,616 | 12,033,797 | 12,037,965 |
| Revenue (ttm) | US$ in thousands | 723,217 | 731,326 | 753,728 | 761,829 | 769,365 | 756,064 | 719,616 | 704,219 | 682,799 | 661,217 | 632,419 | 603,539 | 566,043 | 528,309 | 503,016 | 468,252 | 103,169,457 | 103,175,256 | 103,199,372 | 103,226,528 |
| Net profit margin | 12.01% | 1.56% | 1.71% | 1.58% | 3.53% | 13.94% | 13.57% | 13.47% | 11.12% | 10.68% | 10.88% | 11.03% | 11.54% | 11.40% | 11.97% | 12.34% | 11.66% | 11.66% | 11.66% | 11.66% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $86,827K ÷ $723,217K
= 12.01%
The net profit margin of Tootsie Roll Industries Inc has shown some fluctuations over the provided period. From March 31, 2020, to December 31, 2020, the net profit margin remained relatively stable around 11.66%. However, there was a slight increase in the net profit margin by March 31, 2021, reaching 12.34%, followed by a slight decline to 11.97% by June 30, 2021.
Subsequently, the net profit margin experienced a decreasing trend, reaching a low of 10.68% by September 30, 2022. However, there was an uptick in the net profit margin by March 31, 2023, to 13.47%, which continued to increase to 13.94% by September 30, 2023.
Unexpectedly, there was a significant drop in the net profit margin to 3.53% by December 31, 2023, followed by a continuous decline in the following periods, reaching 1.56% by September 30, 2024. The net profit margin saw a significant improvement by December 31, 2024, rising sharply to 12.01%.
Overall, the net profit margin of Tootsie Roll Industries Inc displayed fluctuations and volatility during the period under review, showing a mix of both increases and decreases. It is crucial to further investigate the factors contributing to these fluctuations to gain a deeper understanding of the company's profitability performance.
Peer comparison
Dec 31, 2024