Tootsie Roll Industries Inc (TR)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 35.16% | 34.20% | 33.93% | 33.48% | 32.82% | 32.42% | 32.34% | 32.65% | 33.47% | 33.35% | 33.93% | 34.01% | 34.36% | 34.71% | 35.28% | 35.94% | 99.71% | 99.71% | 99.69% | 99.68% |
| 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% |
| 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% |
| Net profit margin | 12.01% | 1.56% | 1.71% | 1.58% | 3.53% | 13.94% | 13.57% | 13.47% | 11.12% | 10.68% | 10.88% | 11.03% | 11.54% | 11.40% | 11.97% | 12.34% | 11.66% | 11.66% | 11.66% | 11.66% |
Tootsie Roll Industries Inc has experienced fluctuations in its profitability ratios over the years.
1. Gross profit margin: The company's gross profit margin has been consistently high, ranging from around 99% in 2020 to around 33% in 2024. This shows that the company has been able to maintain a high percentage of sales revenue after deducting the cost of goods sold.
2. Operating profit margin: Tootsie Roll's operating profit margin has varied over the years, with a noticeable increase from around 0.0% in 2020 to over 15% in 2022 before declining again. This indicates the company's efficiency in managing its operating expenses relative to its sales.
3. Pretax margin: The pretax margin has shown significant fluctuations, with a peak around 34.77% in March 2021 and then gradually declining to around 17.54% in December 2024. This ratio demonstrates the company's ability to generate profits before accounting for taxes.
4. Net profit margin: Tootsie Roll's net profit margin has also had significant fluctuations, ranging from over 13% in 2023 to around 1.5% in 2024. This ratio reflects the company's bottom-line profitability after all expenses, including taxes, have been accounted for.
Overall, while Tootsie Roll Industries Inc has shown consistency in maintaining a high gross profit margin, its operating, pretax, and net profit margins have experienced considerable variations, indicating the company's performance in managing operating expenses and profitability.
Return on investment
| 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 return on assets (Operating ROA) | 8.86% | 7.38% | 7.60% | 7.53% | 9.39% | 8.91% | 9.30% | 10.63% | 9.64% | 10.09% | 9.75% | 7.66% | 6.59% | 5.75% | 5.46% | 4.89% | 5.92% | 6.28% | 7.41% | 8.81% |
| Return on assets (ROA) | 7.57% | 0.99% | 1.17% | 1.10% | 2.50% | 9.89% | 9.44% | 9.31% | 7.45% | 6.88% | 6.87% | 6.57% | 6.41% | 5.93% | 6.05% | 5.90% | 1,221.77% | 1,224.87% | 1,234.87% | 1,259.30% |
| Return on total capital | 10.63% | 7.24% | 12.94% | 12.97% | 13.30% | 12.98% | 11.97% | 13.42% | 14.59% | 13.95% | 12.91% | 10.30% | 8.95% | 8.19% | 8.23% | 7.32% | 8.63% | 8.74% | 10.23% | 11.84% |
| Return on equity (ROE) | 9.97% | 1.31% | 1.54% | 1.44% | 3.30% | 13.12% | 12.43% | 11.99% | 9.70% | 9.01% | 8.94% | 8.65% | 8.49% | 7.96% | 7.99% | 7.61% | 1,575.87% | 1,580.71% | 1,598.95% | 1,601.36% |
Tootsie Roll Industries Inc's profitability ratios show fluctuations over the years.
1. Operating return on assets (Operating ROA) has generally declined from March 2020 to March 2023, with a slight improvement in June 2023, followed by a decrease in the last quarter of 2024. However, the ratio saw a significant increase in the first quarter of 2024.
2. Return on assets (ROA) had a significant drop from the high levels in March 2020 to March 2023, with a rise in the final quarter of 2023 before falling again in the first half of 2024. There was a notable increase in the last quarter of 2024.
3. Return on total capital generally increased from March 2020 to December 2023, with intermittent fluctuations, but there was a sharp decline in the third quarter of 2024.
4. Return on equity (ROE) also saw a decline from the exceptionally high levels in March 2020 to March 2023, with a slight recovery in the following quarters, and a substantial increase in December 2023. However, there was a significant drop in the first half of 2024 before increasing again in the last quarter.
Overall, Tootsie Roll Industries Inc's profitability ratios demonstrate varying trends and performance levels over the quarters, indicating fluctuations in the company's profitability and efficiency in generating returns for its shareholders and capital providers.