Tootsie Roll Industries, Inc., together with its subsidiaries, manufactures and sells confectionery products in the United States, Canada, Mexico, and internationally. The company sells its products under the Tootsie Roll, Tootsie Fruit Roll, Tootsie Pops, Tootsie Mini Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, Nik-L-Nip, And Tutsi Pop trademarks. It sells its products directly to wholesale distributors of candy, food and groceries, supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandisers, warehouse and membership club stores, vending machine operators, e-commerce merchants, on-line marketplaces, the U.S. military and fund-raising charitable organizations, as well as through food and grocery brokers. Tootsie Roll Industries, Inc. was founded in 1896 and is headquartered in Chicago, Illinois.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $733M | $157M | $100M | $96M | 10.6% | 1.3% | 15.2% |
| 2024 | $723M | $146M | $87M | $121M | 10.0% | -6.0% | -5.5% |
| 2023 | $769M | $138M | $92M | $68M | 11.2% | 12.0% | 21.0% |
| 2022 | $687M | $116M | $76M | $49M | 9.7% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 686.97 | 769.36 | 723.22 | 732.52 |
| Operating Revenue | - | 686.97 | 769.36 | 723.22 | 732.52 |
| Cost Of Revenue | - | 454.24 | 512.52 | 470.04 | 474.08 |
| Gross Profit | - | 232.73 | 256.84 | 253.18 | 258.44 |
| Operating Expense | - | 121.98 | 155.01 | 152.68 | 157.50 |
| Selling General And Administration | - | 121.98 | 155.01 | 152.68 | 157.50 |
| Total Expenses | - | 576.22 | 667.54 | 622.71 | 631.58 |
| Operating Income | - | 110.76 | 101.83 | 100.50 | 100.94 |
| Total Operating Income As Reported | - | 110.76 | 101.83 | 100.50 | 100.94 |
| EBITDA | - | 115.91 | 138.47 | 145.56 | 156.75 |
| Normalized EBITDA | - | 131.87 | 125.79 | 128.72 | 142.11 |
| EBIT | - | 98.24 | 120.23 | 127.38 | 137.68 |
| Interest Income | - | 2.64 | 5.21 | 9.60 | 20.19 |
| Interest Expense | - | 0.10 | 0.34 | 0.51 | 0.45 |
| Net Interest Income | - | 2.54 | 4.87 | 9.09 | 19.74 |
| Other Non Operating Income Expenses | - | 0.80 | 0.51 | 0.44 | 1.92 |
| Other Income Expense | - | -15.15 | 13.19 | 17.28 | 16.56 |
| Interest Income Non Operating | - | 2.64 | 5.21 | 9.60 | 20.19 |
| Interest Expense Non Operating | - | 0.10 | 0.34 | 0.51 | 0.45 |
| Net Non Operating Interest Income Expense | - | 2.54 | 4.87 | 9.09 | 19.74 |
| Pretax Income | - | 98.14 | 119.89 | 126.87 | 137.24 |
| Tax Provision | - | 22.25 | 28.01 | 40.06 | 37.25 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -3.62 | 2.97 | 5.32 | 3.97 |
| Net Income Continuous Operations | - | 75.89 | 91.89 | 86.81 | 99.98 |
| Net Income From Continuing And Discontinued Operation | - | 75.94 | 91.91 | 86.83 | 100.05 |
| Net Income From Continuing Operation Net Minority Interest | - | 75.94 | 91.91 | 86.83 | 100.05 |
| Net Income | - | 75.94 | 91.91 | 86.83 | 100.05 |
| Net Income Common Stockholders | - | 75.94 | 91.91 | 86.83 | 100.05 |
| Net Income Including Noncontrolling Interests | - | 75.89 | 91.89 | 86.81 | 99.98 |
| Normalized Income | - | 88.27 | 82.19 | 75.31 | 89.39 |
| Diluted NI Availto Com Stockholders | - | 75.94 | 91.91 | 86.83 | 100.05 |
| Basic Average Shares | - | 77.47 | 76.30 | 75.66 | 75.09 |
| Diluted Average Shares | - | 77.47 | 76.30 | 75.66 | 75.09 |
| Reconciled Depreciation | - | 17.67 | 18.24 | 18.18 | 19.07 |
| Reconciled Cost Of Revenue | - | 454.24 | 512.52 | 470.04 | 474.08 |
| Total Unusual Items | - | -15.96 | 12.69 | 16.84 | 14.64 |
| Total Unusual Items Excluding Goodwill | - | -15.96 | 12.69 | 16.84 | 14.64 |
| Minority Interests | - | 0.04 | 0.03 | 0.02 | 0.07 |
| Gain On Sale Of Security | - | -15.96 | 12.69 | 16.84 | 14.64 |
| Rent Expense Supplemental | - | 1.69 | 1.79 | 1.98 | 1.96 |
Consumer Defensive sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Tootsie Roll Industries, Inc.this co. | TR | $2.9B | 28.60β premium | 3.04 | 10.6% | 17.22 |
| Cal-Maine Foods, Inc. | CALM | $3.5B | 2.89 | 1.38 | 47.6% | 1.26 |
| National Beverage Corp. | FIZZ | $3.3B | 17.41 | 7.33 | 42.1% | 12.21 |
| United Natural Foods, Inc. | UNFI | $3.2B | -27.35 | 2.08 | -7.6% | 21.68 |
| The Chefs' Warehouse, Inc. | CHEF |
| - |
| - |
| - |
| - |
| - |
| - |
| $3.2B |
| 43.70 |
| 5.23 |
| 12.0% |
| 17.99 |
| Interparfums, Inc. | IPAR | $2.8B | 16.90 | 3.23 | 19.1% | 9.53 |
| The Andersons, Inc. | ANDE | $2.5B | 25.96 | 2.00 | 7.7% | 10.35 |
| Central Garden & Pet Company | CENT | $2.5B | 15.21 | 1.56 | 10.3% | 8.44 |
| Freshpet, Inc. | FRPT | $2.4B | 17.38 | 2.00 | 11.5% | 15.10 |
| Peer Median | - | 17.14 | 2.04 | 11.7% | 11.28 | |