Tootsie Roll Industries Inc (TR)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 100,505 | 101,828 | 110,755 | 67,133 | 58,244 |
| Revenue | US$ in thousands | 723,217 | 769,365 | 681,440 | 566,043 | 471,063 |
| Operating profit margin | 13.90% | 13.24% | 16.25% | 11.86% | 12.36% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $100,505K ÷ $723,217K
= 13.90%
Tootsie Roll Industries Inc's operating profit margin has displayed some fluctuations over the last five years. It was 12.36% as of December 31, 2020, showing a slight decrease to 11.86% by December 31, 2021. However, the company's operating profit margin improved significantly in the following year, reaching 16.25% by December 31, 2022. Subsequently, there was a slight decrease to 13.24% by December 31, 2023, before experiencing a slight recovery to 13.90% as of December 31, 2024. Overall, Tootsie Roll Industries Inc's operating profit margin has demonstrated variability, with fluctuations possibly influenced by various internal and external factors impacting the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024