Tootsie Roll Industries Inc (TR)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 126,871 | 120,488 | 123,238 | 122,460 | 119,894 | 114,457 | 103,614 | 99,898 | 98,141 | 92,960 | 90,015 | 87,322 | 173,298 | 165,737 | 165,735 | 162,807 | 76,262 | 77,039 | 83,531 | 88,879 |
| 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 |
| Pretax margin | 17.54% | 16.48% | 16.35% | 16.07% | 15.58% | 15.14% | 14.40% | 14.19% | 14.37% | 14.06% | 14.23% | 14.47% | 30.62% | 31.37% | 32.95% | 34.77% | 0.07% | 0.07% | 0.08% | 0.09% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $126,871K ÷ $723,217K
= 17.54%
Tootsie Roll Industries Inc's pretax margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. Initially, the pretax margin was relatively low, ranging from 0.07% to 0.09%. However, starting from March 31, 2021, there was a significant surge in the pretax margin, reaching as high as 34.77%.
Subsequently, the pretax margin experienced a decline but remained at elevated levels, hovering between 30% to 16% from March 31, 2022, to June 30, 2024. The most recent data point, as of December 31, 2024, indicates a pretax margin of 17.54%, showing an improvement compared to the earlier years.
Overall, the trend indicates that Tootsie Roll Industries Inc has managed to maintain a relatively healthy pretax margin, highlighting its ability to generate profits before tax expenses effectively in recent years. However, it will be essential for the company to monitor and sustain this profitability trend to ensure continued financial strength and stability.
Peer comparison
Dec 31, 2024