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Tootsie Roll Industries, Inc.

TR

Tootsie Roll Industries, Inc. • NYSE
$38.36 ▼ -0.90% (-0.35)
Market Cap $1.60 B
52w High $44.27
52w Low $28.67
Dividend Yield 0.36%
P/E 29.74
Volume 68.45K
Outstanding Shares 41.82M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $232.705M ▲ $45.506M ▲ $35.659M ▲ 15.324% ▲ $0.49 ▲ $48.6M ▲
Q2-2025 $155.088M ▲ $44.362M ▲ $17.544M ▼ 11.312% ▼ $0.24 ▼ $16.735M ▼
Q1-2025 $148.455M ▼ $29.39M ▼ $18.058M ▼ 12.164% ▲ $0.25 ▼ $27.631M ▼
Q4-2024 $193.372M ▼ $36.892M ▼ $22.509M ▼ 11.64% ▼ $0.32 ▼ $70.05M ▲
Q3-2024 $225.934M $41.825M $32.844M 14.537% $0.46 $39.799M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $119.83M ▼ $1.229B ▲ $310.09M ▲ $918.85M ▲
Q2-2025 $170.531M ▼ $1.181B ▲ $288.694M ▲ $893.127M ▲
Q1-2025 $176.607M ▼ $1.142B ▼ $262.699M ▼ $879.352M ▲
Q4-2024 $194.63M ▲ $1.147B ▲ $276.772M ▲ $870.743M ▲
Q3-2024 $163.211M $1.146B $276.387M $870.161M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $17.53M ▼ $-8.537M ▼ $9.343M ▲ $-184K ▲ $1.026M ▲ $-16.048M ▼
Q1-2025 $18.041M ▼ $3.602M ▼ $-3.673M ▼ $-19.253M ▼ $-19.298M ▼ $750K ▼
Q4-2024 $22.501M ▼ $68.787M ▲ $-3.666M ▲ $-17.868M ▼ $47.104M ▲ $64.701M ▲
Q3-2024 $32.833M ▲ $61.325M ▲ $-6.258M ▼ $-8.635M ▼ $46.102M ▲ $55.835M ▲
Q2-2024 $15.64M $-12.624M $-5.916M $-139K $-19.266M $-16.551M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Product
Product
 $340.00M ▲$150.00M ▼$150.00M ▲$230.00M ▲
Rental and Royalty
Rental and Royalty
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Tootsie Roll’s sales have grown meaningfully over the last several years, with only a modest pullback most recently after a strong run-up. Profitability has generally improved as the company scaled, with solid gross and operating margins for a mid-sized candy maker. Recent results show earnings slightly off their peak but still comfortably above pre‑pandemic levels, suggesting the business remains healthy rather than in decline. Overall, the income statement reflects a mature, steady business with good pricing power and cost control, but not rapid growth.

Balance Sheet

Balance Sheet The balance sheet is conservative and straightforward. The company carries very little debt and funds itself mostly through shareholders’ equity, which has steadily built over time. Cash on hand has risen recently, giving more flexibility for investments or cushioning against tougher periods. Asset growth has been gradual rather than aggressive, consistent with a cautious, long-term approach to running the business.

Cash Flow

Cash Flow Tootsie Roll consistently generates more cash from operations than it spends on capital investments, leaving room for positive free cash flow year after year. Operating cash flow has trended upward over the period, reflecting better earnings quality and disciplined working capital management. Capital spending is modest but steady, consistent with ongoing plant upgrades rather than big, risky expansions. Overall, cash flows look reliable and supportive of the company’s conservative financial profile.

Competitive Edge

Competitive Edge The company benefits from a deep well of nostalgia and a portfolio of classic, widely recognized brands that are hard for new entrants to displace. Its candies are everywhere—from grocery stores to movie theaters—supported by efficient, low-cost manufacturing that helps keep prices affordable. This creates a durable moat based on brand loyalty, distribution reach, and scale manufacturing. Key risks are slow category growth, shifts toward healthier snacks, and sensitivity to ingredient costs, especially sugar and cocoa.

Innovation and R&D

Innovation and R&D Tootsie Roll is not a flashy product innovator, but it invests meaningfully in process and factory innovation. The company leans heavily on automation, in-house equipment capabilities, and now AI-assisted monitoring to squeeze more efficiency out of its plants. Product development tends to focus on line extensions and refreshed marketing of beloved brands rather than entirely new concepts. Planned plant expansions and tech upgrades aim to keep costs low and reliability high, but the strategy is more about refining a proven model than redefining the candy category.

Summary

Overall, Tootsie Roll looks like a stable, conservatively run confectionery business built on iconic brands and efficient operations rather than fast growth. The financials show steady progress in sales, profitability, and cash generation, backed by a very low-debt balance sheet. Its strength lies in brand nostalgia, broad distribution, and cost-efficient manufacturing, while its main challenges are modest growth prospects and exposure to changing consumer tastes and ingredient inflation. The company’s innovation focus is operational rather than product-led, positioning it as a dependable, slow-and-steady player in the consumer defensive space.