Tootsie Roll Industries Inc (TR)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 101,592 | 84,619 | 83,757 | 82,370 | 101,828 | 94,932 | 96,135 | 108,387 | 98,245 | 103,573 | 97,632 | 77,558 | 67,133 | 58,436 | 54,321 | 47,910 | 58,244 | 61,669 | 72,178 | 84,200 |
| 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 |
| Operating profit margin | 14.05% | 11.57% | 11.11% | 10.81% | 13.24% | 12.56% | 13.36% | 15.39% | 14.39% | 15.66% | 15.44% | 12.85% | 11.86% | 11.06% | 10.80% | 10.23% | 0.06% | 0.06% | 0.07% | 0.08% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $101,592K ÷ $723,217K
= 14.05%
Tootsie Roll Industries Inc's operating profit margin has shown fluctuation over the period from March 31, 2020, to December 31, 2024. The trend indicates that the company's operating profit margin improved significantly from the first quarter of 2021 to the second quarter of 2022, reaching a peak of 15.66%. However, a slight decline followed in the fourth quarter of 2022 and the first quarter of 2023.
There was a noticeable increase in the operating profit margin in the second quarter of 2023, but a decline was observed in the third and fourth quarters of 2023. The operating profit margin then experienced a recovery in the first quarter of 2024. In the subsequent quarters of 2024, the operating profit margin remained relatively stable, with an increase observed in the last quarter of 2024.
Overall, Tootsie Roll Industries Inc's operating profit margin has shown some variability but has generally trended upwards, with occasional fluctuations over the analyzed period. It is important to monitor this metric closely to understand the company's efficiency in generating profits from its core operations.
Peer comparison
Dec 31, 2024