Tootsie Roll Industries Inc (TR)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 91,912 | 87,853 | 80,048 | 77,311 | 75,937 | 70,625 | 68,781 | 66,586 | 65,326 | 60,246 | 60,186 | 57,780 | 58,995 | 58,598 | 63,779 | 67,947 | 64,920 | 62,540 | 58,790 | 57,723 |
| Revenue (ttm) | US$ in thousands | 766,225 | 759,321 | 723,875 | 708,415 | 688,173 | 666,465 | 637,169 | 608,787 | 571,396 | 406,735 | 380,224 | 345,350 | 345,389 | 345,244 | 369,369 | 394,892 | 392,371 | 518,821 | 518,400 | 518,257 |
| Net profit margin | 12.00% | 11.57% | 11.06% | 10.91% | 11.03% | 10.60% | 10.79% | 10.94% | 11.43% | 14.81% | 15.83% | 16.73% | 17.08% | 16.97% | 17.27% | 17.21% | 16.55% | 12.05% | 11.34% | 11.14% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $91,912K ÷ $766,225K
= 12.00%
Tootsie Roll Industries, Inc.'s net profit margin has been relatively stable around the range of 10.62% to 11.95% over the past eight quarters. This indicates that the company has consistently maintained a healthy level of profitability relative to its revenue during this period. The slight fluctuations in the net profit margin suggest that Tootsie Roll Industries has been able to effectively manage its costs and expenses in relation to its total revenue. Overall, the consistent performance of the net profit margin indicates that the company has been able to generate a reasonable level of profit from its operations.
Peer comparison
Dec 31, 2023