Tootsie Roll Industries Inc (TR)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 33.52% | 33.42% | 33.17% | 33.19% | 33.82% | 33.68% | 34.26% | 34.48% | 34.87% | 45.92% | 47.29% | 49.39% | 49.32% | 50.77% | 50.49% | 49.93% | 50.21% | 37.34% | 36.83% | 36.53% |
| 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% |
| Pretax margin | 15.65% | 15.08% | 14.32% | 14.11% | 14.27% | 13.95% | 14.13% | 14.35% | 15.01% | 19.22% | 20.56% | 21.79% | 22.09% | 22.33% | 22.62% | 22.52% | 21.79% | 15.65% | 14.77% | 14.42% |
| Net profit margin | 12.00% | 11.57% | 11.06% | 10.91% | 11.03% | 10.60% | 10.79% | 10.94% | 11.43% | 14.81% | 15.83% | 16.73% | 17.08% | 16.97% | 17.27% | 17.21% | 16.55% | 12.05% | 11.34% | 11.14% |
Tootsie Roll Industries, Inc. has exhibited relatively stable profitability ratios over the past eight quarters. The gross profit margin has consistently ranged between 33.11% and 34.52%, reflecting the percentage of revenue retained after deducting the cost of goods sold. Similarly, the operating profit margin has shown consistency between 12.48% and 16.12%, indicating the company's ability to generate profits from its core operations.
In terms of pretax margin, Tootsie Roll Industries has maintained figures between 14.10% and 15.58%, showing the percentage of each dollar of revenue that translates into pre-tax earnings. Finally, the net profit margin, which represents the company's bottom-line profitability, has fluctuated between 10.91% and 11.95%, reflecting the proportion of revenue that remains as net income after all expenses have been deducted.
Overall, Tootsie Roll Industries, Inc. has demonstrated steady profitability performance with margins that are generally in line with industry standards. The company's ability to maintain consistent profitability ratios suggests effective cost management and operational efficiency.
Return on investment
| 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 return on assets (Operating ROA) | 9.39% | 9.46% | 8.75% | 10.07% | 10.87% | 10.09% | 9.75% | 7.66% | 6.59% | 5.75% | 5.46% | 4.89% | 5.92% | 6.28% | 7.41% | 8.81% | 7.08% | 7.57% | 7.23% | 7.06% |
| Return on assets (ROA) | 8.48% | 8.24% | 7.74% | 7.58% | 7.45% | 6.88% | 6.87% | 6.57% | 6.41% | 5.93% | 6.05% | 5.90% | 5.99% | 5.97% | 6.54% | 7.11% | 6.64% | 6.37% | 6.20% | 6.14% |
| Return on total capital | 12.25% | 12.42% | 11.41% | 12.85% | 14.01% | 13.09% | 12.57% | 9.98% | 8.65% | 7.65% | 7.14% | 6.25% | 7.56% | 8.02% | 9.50% | 11.09% | 9.02% | 9.71% | 9.14% | 8.83% |
| Return on equity (ROE) | 11.16% | 10.93% | 10.19% | 9.77% | 9.70% | 9.01% | 8.94% | 8.65% | 8.49% | 7.96% | 7.99% | 7.61% | 7.73% | 7.70% | 8.47% | 9.04% | 8.54% | 8.25% | 7.91% | 7.75% |
Tootsie Roll Industries, Inc. has shown relatively stable profitability ratios over the last eight quarters.
1. Operating return on assets (Operating ROA) has ranged from 8.75% to 10.87% during this period, with the highest value recorded in Q4 2022. This indicates that the company generates operating income efficiently relative to its total assets.
2. Return on assets (ROA) has fluctuated between 6.57% and 8.48%, with the highest figure seen in Q4 2023. ROA measures the overall efficiency of the company in generating profits from its assets.
3. Return on total capital has fluctuated between 11.40% and 13.99%, reaching its peak in Q4 2022. This ratio indicates the company's ability to generate profit from all its capital sources, including debt and equity.
4. Return on equity (ROE) has varied between 8.65% and 11.16%, with the highest value observed in Q4 2023. ROE reflects the company's ability to generate profit from shareholders' equity investments.
Overall, Tootsie Roll Industries, Inc. has maintained a reasonable level of profitability, with consistent performance across these key ratios over the past eight quarters. The company has demonstrated efficient use of assets and capital to generate profits, while also providing favorable returns to its equity shareholders.