Tootsie Roll Industries Inc (TR)

Pretax margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before tax but after interest (EBT) US$ in thousands 126,871 119,894 98,141 85,729 76,262
Revenue US$ in thousands 723,217 769,365 681,440 566,043 471,063
Pretax margin 17.54% 15.58% 14.40% 15.15% 16.19%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $126,871K ÷ $723,217K
= 17.54%

Tootsie Roll Industries Inc's pretax margin has shown some fluctuations over the years, ranging from 14.40% in December 31, 2022, to a peak of 17.54% in December 31, 2024. The trend indicates variations in the company's ability to generate profits before accounting for taxes relative to its total revenue during the period under review. The pretax margin is a key measure of operational efficiency and cost management, highlighting the company's ability to control expenses and maximize profitability. Overall, the steady improvement in pretax margin from 2022 to 2024 suggests an enhanced operational performance and effective cost management strategies by Tootsie Roll Industries Inc.


Peer comparison

Dec 31, 2024

Company name
Symbol
Pretax margin
Tootsie Roll Industries Inc
TR
17.54%
Hershey Co
HSY
22.08%
John B Sanfilippo & Son Inc
JBSS
7.49%