Tootsie Roll Industries Inc (TR)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 101,828 | 100,806 | 90,491 | 102,716 | 110,755 | 103,573 | 97,632 | 77,558 | 67,133 | 58,436 | 54,321 | 47,910 | 58,244 | 61,669 | 72,178 | 84,200 | 69,214 | 74,357 | 68,545 | 66,398 |
| 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 |
| Operating profit margin | 13.29% | 13.28% | 12.50% | 14.50% | 16.09% | 15.54% | 15.32% | 12.74% | 11.75% | 14.37% | 14.29% | 13.87% | 16.86% | 17.86% | 19.54% | 21.32% | 17.64% | 14.33% | 13.22% | 12.81% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $101,828K ÷ $766,225K
= 13.29%
Tootsie Roll Industries, Inc.'s operating profit margin has displayed some fluctuations over the past eight quarters. In Q4 2023, the operating profit margin stood at 13.24%, slightly lower than the previous quarter. This slight decrease follows a trend of varying margins in recent quarters, with Q2 2023 showing the lowest margin of 12.48%. The highest operating profit margin was reported in Q4 2022 at 16.12%. Overall, the company's operating profit margin has shown some volatility, suggesting varying levels of operational efficiency and profitability during the period under consideration.
Peer comparison
Dec 31, 2023