Income Statement Tootsie Roll Industries, Inc.

Equities

TR

US8905161076

Food Processing

Market Closed - Nyse Other stock markets 04:00:02 2026-02-06 pm EST			5-day change	1st Jan Change
39.29 ^USD	+0.36%		+3.72%	+7.26%

Dec. 08	Tootsie Roll Industries, Inc. announces Quarterly dividend, payable on January 08, 2026	CI
Nov. 07	Tootsie Roll Industries, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025	CI

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Published financial data: TOOTSIE ROLL INDUSTRIES, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	471M	571M	687M	769M	723M
Total Revenues	471M	571M	687M	769M	723M
Cost of Goods Sold, Total	301M	372M	454M	513M	470M
Gross Profit	170M	199M	233M	257M	253M
Selling General & Admin Expenses, Total	98.86M	117M	138M	140M	137M
Other Operating Expenses, Total	98.86M	117M	138M	140M	137M
Operating Income	71.5M	82.06M	95.21M	117M	117M
Interest Expense, Total	-164K	-46K	-104K	-337K	-509K
Interest And Investment Income	4M	2.74M	2.64M	5.21M	9.6M
Net Interest Expenses	3.84M	2.69M	2.54M	4.87M	9.09M
Currency Exchange Gains (Loss)	534K	667K	1.31M	-2.8M	511K
Other Non Operating Income (Expenses)	390K	595K	-1.04M	734K	485K
EBT, Excl. Unusual Items	76.27M	86.02M	98.02M	120M	127M
Gain (Loss) On Sale Of Assets	-6K	-286K	121K	-172K	121K
Asset Writedown	-	-	-	-	-
EBT, Incl. Unusual Items	76.26M	85.73M	98.14M	120M	127M
Income Tax Expense	17.29M	20.42M	22.25M	28.01M	40.06M
Earnings From Continuing Operations	58.97M	65.31M	75.89M	91.89M	86.81M
Net Income to Company	58.97M	65.31M	75.89M	91.89M	86.81M
Minority Interest	21K	18K	45K	26K	19K
Net Income - (IS)	59M	65.33M	75.94M	91.91M	86.83M
Net Income to Common Incl Extra Items	59M	65.33M	75.94M	91.91M	86.83M
Net Income to Common Excl. Extra Items	59M	65.33M	75.94M	91.91M	86.83M
Per Share Items
Net EPS - Basic	0.77	0.86	1.01	1.24	1.18
Basic EPS - Continuing Operations	0.77	0.86	1.01	1.24	1.18
Basic Weighted Average Shares Outstanding	77.11M	75.89M	75.21M	74.08M	73.46M
Net EPS - Diluted	0.77	0.86	1.01	1.24	1.18
Diluted EPS - Continuing Operations	0.77	0.86	1.01	1.24	1.18
Diluted Weighted Average Shares Outstanding	77.11M	75.89M	75.21M	74.08M	73.46M
Normalized Basic EPS	0.62	0.71	0.82	1.01	1.08
Normalized Diluted EPS	0.62	0.71	0.82	1.01	1.08
Dividend Per Share	0.31	0.32	0.33	0.34	0.35
Payout Ratio	40.36	36.95	32.43	27.28	29.39
Supplemental Items
EBITDA	89.69M	99.63M	113M	136M	135M
EBITA	71.5M	82.06M	95.21M	117M	117M
EBIT	71.5M	82.06M	95.21M	117M	117M
EBITDAR	90.63M	101M	114M	137M	136M
Total Revenues (As Reported)	471M	571M	687M	769M	723M
Effective Tax Rate - (Ratio)	22.67	23.82	22.67	23.36	31.58
Current Domestic Taxes	16.59M	19.71M	15.68M	25.45M	28.34M
Current Foreign Taxes	1.03M	1.98M	4.11M	3.78M	2.68M
Total Current Taxes	17.62M	21.69M	19.78M	29.22M	31.01M
Deferred Domestic Taxes	-1.65M	-1.31M	2.38M	-1.87M	8.01M
Deferred Foreign Taxes	1.32M	39K	81K	658K	1.04M
Total Deferred Taxes	-335K	-1.27M	2.46M	-1.22M	9.05M
Normalized Net Income	47.69M	53.78M	61.31M	75.07M	79.24M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	3.04M
Selling and Marketing Expenses	42.59M	55.29M	67.34M	65.46M	60.62M
Net Rental Expense, Total	942K	1.07M	979K	1.33M	1.44M
Imputed Operating Lease Interest Expense	130K	31.37K	55.88K	245K	381K
Imputed Operating Lease Depreciation	812K	1.04M	923K	1.08M	1.05M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	167M	106M	53.27M	75.92M	139M
Short Term Investments	42.09M	39.97M	96.13M	95.51M	55.79M
Total Cash And Short Term Investments	209M	146M	149M	171M	195M
Accounts Receivable, Total	41.21M	54.92M	58.56M	55.57M	43.81M
Other Receivables	2.18M	3.26M	4.29M	8.85M	6.79M
Total Receivables	43.38M	58.18M	62.84M	64.42M	50.6M
Inventory	59.58M	55.5M	84.27M	94.92M	77.62M
Prepaid Expenses	6.84M	7.76M	12.14M	9.2M	10.36M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	415K	386K	365K	375K	352K
Other Current Assets, Total	1.72M	657K	10K	318K	39K
Total Current Assets	321M	268M	309M	341M	334M
Gross Property Plant And Equipment	583M	621M	641M	670M	683M
Accumulated Depreciation	-396M	-412M	-429M	-448M	-463M
Net Property Plant And Equipment	187M	209M	212M	223M	220M
Long-term Investments	220M	291M	248M	256M	332M
Goodwill	73.24M	73.24M	73.24M	73.24M	73.24M
Other Intangibles, Total	175M	175M	175M	175M	175M
Deferred Tax Assets Long-Term	1.04M	1.37M	1.45M	1.71M	1.54M
Other Long-Term Assets, Total	7.04M	603K	465K	15.19M	11.63M
Total Assets	985M	1.02B	1.02B	1.08B	1.15B
Liabilities
Accounts Payable, Total	13.02M	14.97M	25.25M	15.82M	13.4M
Accrued Expenses, Total	45.64M	54.4M	54.82M	59.81M	64.55M
Short-term Borrowings	-	939K	1.05M	1.09M	924K
Current Portion of Long-Term Debt	832K	-	-	-	-
Current Portion of Leases	780K	1.07M	791K	1.29M	1.37M
Current Income Taxes Payable	3.79M	2.43M	1.79M	8.09M	636K
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	5.95M	6.15M	6.44M	8.79M	6.4M
Total Current Liabilities	70.02M	79.97M	90.13M	94.89M	87.29M
Long-Term Debt	7.5M	7.5M	7.5M	7.5M	7.5M
Long-Term Leases	78K	6.35M	3.95M	6.02M	4.99M
Pension & Other Post Retirement Benefits	12.94M	12.62M	9.3M	9.65M	8.7M
Deferred Tax Liability Non Current	47.9M	45.46M	45M	45.48M	54.54M
Other Non Current Liabilities	83.02M	97.93M	80M	97.75M	114M
Total Liabilities	221M	250M	236M	261M	277M
Common Stock, Total	45.89M	46.62M	47.45M	48.22M	49.36M
Additional Paid In Capital	707M	710M	720M	737M	789M
Retained Earnings	32.31M	39.54M	48.28M	62.95M	57.9M
Treasury Stock	-1.99M	-1.99M	-1.99M	-1.99M	-1.99M
Comprehensive Income and Other	-19.82M	-25.01M	-30.17M	-23.21M	-23.42M
Total Common Equity	763M	769M	783M	823M	871M
Minority Interest	-227K	-245K	-289K	-315K	-334K
Total Equity	763M	769M	783M	823M	870M
Total Liabilities And Equity	985M	1.02B	1.02B	1.08B	1.15B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	76.51M	75.46M	74.62M	73.67M	71.53M
ECS Total Common Shares Outstanding	76.5M	75.46M	74.56M	73.56M	73.1M
Book Value / Share	9.98	10.19	10.5	11.19	11.91
Tangible Book Value	515M	521M	535M	575M	622M
Tangible Book Value Per Share	6.73	6.9	7.17	7.82	8.52
Total Debt	9.19M	15.86M	13.29M	15.9M	14.79M
Net Debt	-200M	-130M	-136M	-156M	-180M
Debt Equivalent Oper. Leases	7.54M	8.54M	7.83M	10.62M	11.48M
Minority Interest, Total (Incl. Fin. Div)	-227K	-245K	-289K	-315K	-334K
Account Code - Inventory Valuation	4	4	4	4	4
LIFO Reserve, Total	-19.34M	-21.35M	-34.9M	-44.95M	-42.48M
Inventories - Raw Materials, Total	24M	24.07M	40.67M	43.68M	34.02M
Inventories - Finished Goods, Total	35.58M	31.43M	43.6M	51.24M	43.6M
Land - (BS)	21.74M	21.7M	21.72M	21.86M	21.71M
Buildings, Total	124M	130M	142M	145M	149M
Machinery, Total	423M	447M	468M	485M	499M
Full Time Employees	2K	2K	2.3K	2.3K	2.3K
Accumulated Allowance for Doubtful Accounts (Supple)	1.69M	2.28M	2.34M	2.24M	2.18M
Order Backlog	-	16M	16M	7M	10M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	59M	65.33M	75.94M	91.91M	86.83M
Depreciation & Amortization - CF	18.18M	17.57M	17.67M	18.24M	18.18M
Depreciation & Amortization, Total	18.18M	17.57M	17.67M	18.24M	18.18M
(Gain) Loss on Sale of Investments - (CF)	1.4M	3.84M	5.53M	3.95M	1.83M
Asset Writedown & Restructuring Costs	-	-	-	-	-
Other Operating Activities, Total	-300K	-1.28M	1.49M	-939K	7.74M
Change In Accounts Receivable	3.48M	-14.13M	-3.07M	4.89M	10.23M
Change In Inventories	-770K	3.94M	-28.42M	-9.6M	15.79M
Change In Accounts Payable	3.85M	10.01M	10.33M	-3.57M	635K
Change In Income Taxes	3.01M	-1.3M	-4.56M	9.58M	-7.66M
Change in Other Net Operating Assets	-13.15M	1.32M	-2.85M	-19.85M	5.33M
Cash from Operations	74.71M	85.3M	72.05M	94.61M	139M
Capital Expenditure	-17.97M	-31.43M	-23.36M	-26.8M	-18M
Investment in Marketable and Equity Securities, Total	3.94M	-62.99M	-45.23M	12.6M	-17.84M
Other Investing Activities, Total	23.53M	2.51M	-	-	-
Cash from Investing	9.5M	-91.9M	-68.59M	-14.2M	-35.84M
Short Term Debt Issued, Total	-	-	-	-	3.83M
Long-Term Debt Issued, Total	3.9M	3.79M	3.99M	3.5M	-
Total Debt Issued	3.9M	3.79M	3.99M	3.5M	3.83M
Short Term Debt Repaid, Total	-	-	-	-	-3.93M
Long-Term Debt Repaid, Total	-3.88M	-3.62M	-3.85M	-3.49M	-
Total Debt Repaid	-3.88M	-3.62M	-3.85M	-3.49M	-3.93M
Repurchase of Common Stock	-32.06M	-30.18M	-31.91M	-33.11M	-13.53M
Common Dividends Paid	-23.81M	-24.14M	-24.63M	-25.08M	-25.52M
Common & Preferred Stock Dividends Paid	-23.81M	-24.14M	-24.63M	-25.08M	-25.52M
Cash from Financing	-55.85M	-54.15M	-56.4M	-58.18M	-39.15M
Foreign Exchange Rate Adjustments	-449K	-283K	347K	424K	-995K
Net Change in Cash	27.92M	-61.03M	-52.59M	22.66M	62.9M
Supplemental Items
Cash Interest Paid	57K	6K	78K	258K	268K
Cash Income Tax Paid (Refund)	14.5M	22.86M	23.88M	19.58M	38.16M
Levered Free Cash Flow	37.46M	36.4M	26.95M	59.14M	95.51M
Unlevered Free Cash Flow	37.56M	36.43M	27.02M	59.36M	95.83M
Change In Net Working Capital	7.34M	1M	26.8M	5.38M	-22.73M
Net Debt Issued / Repaid	19K	174K	139K	10K	-100K

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	4.55	5.12	5.84	6.97	6.53
Return on Total Capital	5.8	6.59	7.53	8.96	8.46
Return On Equity %	7.75	8.53	9.78	11.44	10.25
Return on Common Equity	7.75	8.53	9.78	11.44	10.25
Margin Analysis
Gross Profit Margin %	36.17	34.91	33.88	33.38	35.01
SG&A Margin	20.99	20.53	20.02	18.14	18.88
EBITDA Margin %	19.04	17.46	16.43	17.61	18.64
EBITA Margin %	15.18	14.38	13.86	15.24	16.13
EBIT Margin %	15.18	14.38	13.86	15.24	16.13
Income From Continuing Operations Margin %	12.52	11.44	11.05	11.94	12
Net Income Margin %	12.52	11.45	11.05	11.95	12.01
Net Avail. For Common Margin %	12.52	11.45	11.05	11.95	12.01
Normalized Net Income Margin	10.12	9.42	8.92	9.76	10.96
Levered Free Cash Flow Margin	7.95	6.38	3.92	7.69	13.21
Unlevered Free Cash Flow Margin	7.97	6.38	3.93	7.71	13.25
Asset Turnover
Asset Turnover	0.48	0.57	0.67	0.73	0.65
Fixed Assets Turnover	2.51	2.88	3.26	3.54	3.27
Receivables Turnover (Average Receivables)	10.92	11.88	12.11	13.48	14.55
Inventory Turnover (Average Inventory)	5.07	6.46	6.5	5.72	5.45
Short Term Liquidity
Current Ratio	4.58	3.36	3.43	3.59	3.82
Quick Ratio	3.6	2.55	2.35	2.49	2.81
Operating Cash Flow to Current Liabilities	1.07	1.07	0.8	1	1.59
Days Sales Outstanding (Average Receivables)	33.51	30.74	30.15	27.07	25.15
Days Outstanding Inventory (Average Inventory)	72.22	56.53	56.16	63.8	67.18
Average Days Payable Outstanding	15.64	13.9	15.19	14.32	11.81
Cash Conversion Cycle (Average Days)	90.08	73.36	71.11	76.55	80.52
Long Term Solvency
Total Debt/Equity	1.2	2.06	1.7	1.93	1.7
Total Debt / Total Capital	1.19	2.02	1.67	1.89	1.67
LT Debt/Equity	0.99	1.8	1.46	1.64	1.44
Long-Term Debt / Total Capital	0.98	1.76	1.44	1.61	1.41
Total Liabilities / Total Assets	22.49	24.53	23.15	24.09	24.13
EBIT / Interest Expense	435.99	1.78K	915.49	347.96	229.2
EBITDA / Interest Expense	552.62	2.19K	1.09K	406.03	267.73
(EBITDA - Capex) / Interest Expense	443.04	1.51K	870.21	326.52	232.38
Total Debt / EBITDA	0.1	0.16	0.12	0.12	0.11
Net Debt / EBITDA	-2.2	-1.29	-1.2	-1.14	-1.32
Total Debt / (EBITDA - Capex)	0.13	0.23	0.15	0.14	0.13
Net Debt / (EBITDA - Capex)	-2.75	-1.88	-1.5	-1.41	-1.52
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-10.63	21.17	20.36	11.99	-6
Gross Profit, 1 Yr. Growth %	-13.53	16.95	16.81	10.36	-1.43
EBITDA, 1 Yr. Growth %	-11	11.09	13.3	20.04	-0.49
EBITA, 1 Yr. Growth %	-12.8	14.76	16.03	23.16	-0.51
EBIT, 1 Yr. Growth %	-12.8	14.76	16.03	23.16	-0.51
Earnings From Cont. Operations, 1 Yr. Growth %	-9.05	10.74	16.21	21.07	-5.53
Net Income, 1 Yr. Growth %	-9.13	10.73	16.24	21.04	-5.53
Normalized Net Income, 1 Yr. Growth %	-11.16	12.77	14	22.44	5.56
Diluted EPS Before Extra, 1 Yr. Growth %	-7.89	12.46	17.27	22.84	-4.76
Accounts Receivable, 1 Yr. Growth %	-8.51	33.27	6.62	-5.1	-21.16
Inventory, 1 Yr. Growth %	0.83	-6.84	51.82	12.64	-18.22
Net Property, Plant and Equip., 1 Yr. Growth %	-0.6	11.52	1.5	5.16	-1.42
Total Assets, 1 Yr. Growth %	0.68	3.46	0.02	6.44	5.79
Tangible Book Value, 1 Yr. Growth %	0.68	1.11	2.71	7.52	8.23
Common Equity, 1 Yr. Growth %	0.46	0.75	1.84	5.14	5.75
Cash From Operations, 1 Yr. Growth %	-25.45	14.17	-15.53	31.31	46.8
Capital Expenditures, 1 Yr. Growth %	-11.29	74.88	-25.68	14.73	-32.84
Levered Free Cash Flow, 1 Yr. Growth %	-46.81	-2.83	-25.95	119.44	61.48
Unlevered Free Cash Flow, 1 Yr. Growth %	-46.77	-3.02	-25.83	119.7	61.44
Dividend Per Share, 1 Yr. Growth %	2.98	2.99	3	2.97	3.01
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-4.72	4.06	20.76	16.1	2.6
Gross Profit, 2 Yr. CAGR %	-4.85	0.56	16.88	13.54	4.3
EBITDA, 2 Yr. CAGR %	0.27	0.19	21.53	26.48	2.47
EBITA, 2 Yr. CAGR %	0.68	0.98	27.86	32.16	2.63
EBIT, 2 Yr. CAGR %	0.68	0.98	27.86	32.16	2.63
Earnings From Cont. Operations, 2 Yr. CAGR %	1.89	0.36	13.44	18.62	6.95
Net Income, 2 Yr. CAGR %	1.83	0.31	13.45	18.62	6.93
Normalized Net Income, 2 Yr. CAGR %	1.21	0.09	13.38	18.15	13.69
Diluted EPS Before Extra, 2 Yr. CAGR %	3.02	1.76	14.81	20.01	8.14
Accounts Receivable, 2 Yr. CAGR %	-9.01	10.42	19.2	0.59	-13.5
Inventory, 2 Yr. CAGR %	4.53	-3.08	18.93	30.77	-4.02
Net Property, Plant and Equip., 2 Yr. CAGR %	0.33	5.29	6.39	3.31	1.81
Total Assets, 2 Yr. CAGR %	1.94	2.06	1.72	3.18	6.11
Tangible Book Value, 2 Yr. CAGR %	1.26	0.89	1.91	5.09	7.88
Common Equity, 2 Yr. CAGR %	0.84	0.6	1.29	3.48	5.44
Cash From Operations, 2 Yr. CAGR %	-13.96	-7.74	-1.8	5.32	38.84
Capital Expenditures, 2 Yr. CAGR %	-19.33	24.55	14.01	-7.66	-12.22
Levered Free Cash Flow, 2 Yr. CAGR %	-11.38	-27.62	-3.88	47.81	61.39
Unlevered Free Cash Flow, 2 Yr. CAGR %	-11.36	-27.66	-3.94	48	61.52
Dividend Per Share, 2 Yr. CAGR %	3	3.01	3.01	2.99	2.99
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-3.2	3.23	9.23	17.77	8.21
Gross Profit, 3 Yr. CAGR %	-3.89	1.92	5.71	14.66	8.31
EBITDA, 3 Yr. CAGR %	-0.77	3.75	4.38	21.03	16.76
EBITA, 3 Yr. CAGR %	-0.59	5.17	5.76	26.27	20.23
EBIT, 3 Yr. CAGR %	-0.59	5.17	5.76	26.27	20.23
Earnings From Cont. Operations, 3 Yr. CAGR %	-9.91	4.76	5.39	15.93	9.95
Net Income, 3 Yr. CAGR %	-9.98	4.72	5.36	15.93	9.95
Normalized Net Income, 3 Yr. CAGR %	-4.37	4.93	4.53	16.33	13.79
Diluted EPS Before Extra, 3 Yr. CAGR %	-8.88	6.09	6.69	17.44	11.12
Accounts Receivable, 3 Yr. CAGR %	-4.53	3.33	9.14	10.48	-7.26
Inventory, 3 Yr. CAGR %	2.81	0.6	12.56	16.79	11.83
Net Property, Plant and Equip., 3 Yr. CAGR %	1.53	3.93	4.01	5.98	1.71
Total Assets, 3 Yr. CAGR %	1.88	2.45	1.38	3.27	4.04
Tangible Book Value, 3 Yr. CAGR %	1.98	1.21	1.5	3.75	6.13
Common Equity, 3 Yr. CAGR %	1.32	0.81	1.01	2.56	4.23
Cash From Operations, 3 Yr. CAGR %	20.24	-5.45	-10.42	8.19	17.65
Capital Expenditures, 3 Yr. CAGR %	2.53	4.41	4.86	14.25	-16.96
Levered Free Cash Flow, 3 Yr. CAGR %	10.87	-8.62	-27.07	26.56	52.24
Unlevered Free Cash Flow, 3 Yr. CAGR %	10.85	-8.67	-27.06	26.57	52.35
Dividend Per Share, 3 Yr. CAGR %	2.99	3.01	3	3	2.99
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-2.7	1.84	5.76	8.19	6.53
Gross Profit, 5 Yr. CAGR %	-3.07	0	3.93	6.42	5.14
EBITDA, 5 Yr. CAGR %	-4.42	-2.11	4.22	8.72	6.32
EBITA, 5 Yr. CAGR %	-4.92	-2.1	5.52	10.7	7.71
EBIT, 5 Yr. CAGR %	-4.92	-2.1	5.52	10.7	7.71
Earnings From Cont. Operations, 5 Yr. CAGR %	-2.26	-0.6	-1.21	10.1	6.01
Net Income, 5 Yr. CAGR %	-2.25	-0.66	-1.25	10.07	5.99
Normalized Net Income, 5 Yr. CAGR %	-3.78	-2.61	2.37	10.03	8.1
Diluted EPS Before Extra, 5 Yr. CAGR %	-0.92	0.68	-0.03	11.47	7.29
Accounts Receivable, 5 Yr. CAGR %	-4.18	5.03	4.34	2.23	-0.55
Inventory, 5 Yr. CAGR %	-0.88	-0.71	8.98	11.73	5.61
Net Property, Plant and Equip., 5 Yr. CAGR %	0.3	2.92	3.45	3.68	3.13
Total Assets, 5 Yr. CAGR %	1.61	2.06	1.82	2.74	3.25
Tangible Book Value, 5 Yr. CAGR %	2.74	2.38	1.95	2.74	4
Common Equity, 5 Yr. CAGR %	1.8	1.57	1.31	1.87	2.76
Cash From Operations, 5 Yr. CAGR %	-3.88	-2.85	10.89	-1.28	6.74
Capital Expenditures, 5 Yr. CAGR %	2.96	14.33	6.97	-0.6	-2.34
Levered Free Cash Flow, 5 Yr. CAGR %	-11.6	-10.88	-0.39	4.4	6.57
Unlevered Free Cash Flow, 5 Yr. CAGR %	-11.56	-10.89	-0.41	4.42	6.6
Dividend Per Share, 5 Yr. CAGR %	3.58	3	3	3	3