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Tootsie Roll Industries Inc (TR) stock

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NYSE: TR NYSE Packaged Foods & Meats Next results ~February 11, 2027

B+ Fundamentals grade

Tootsie Roll Industries Inc is a US-listed company in the packaged foods & meats industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$22

Cash-flow model

Base case. Range ~$17–$28 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 43% below it.

Price used: $38.21, November 2, 2026

Tootsie Roll Industries Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds130 adding, 101 cuttingOf 29 active managers that changed their stake, 24 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Tootsie Roll Industries files

Where Tootsie Roll Industries stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $735m, up 1.6% on a year earlier, slower than the 2.4% growth a quarter earlier. Free-cash-flow margin fell to 10.9% from 14.6% a year earlier. Operating margin narrowed to 11.9% from 15.1%. Against its peers on growth, profitability, cash generation and balance sheet, it grades B+. It passes 1 of our 1 financial-health checks. Our cash-flow model value is $21.62 a share, against a share price of $36.47. At that price, our model says the market is pricing in about 11.9% a year of cash-flow growth for five years, faster than the 5.2% a year revenue growth it has delivered.

Source: 10-Q filed August 7, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 11, 2027 (estimated)

Tootsie Roll Industries Inc's trailing-twelve-month revenue grew 1.6% year on year, with a free-cash-flow margin of 10.9%. Where it stands out: net margin of 13.0% ranks 5 of 44 packaged foods & meats companies we cover.

Our discounted-cash-flow model values the business at ~$22 per share in the base case (~$17–$28 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 23.8% while net income grew 5.0%: a 29pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 1.8% in a year, so each share owns more of the business.

Things to watch

  • Priced above our value. The share price of $38.21 is 43% above our value per share of $22.
  • Margins narrowing. Operating margin is down 3.2 points on a year ago.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q2

Filed August 7, 2026
Earnings per share
$0.11 against an average estimate of $0.13: missed by 17.6%
Revenue
$154m, down 0.6% on a year earlier
Share reaction
-4.5% in the first session after the results on October 22, 2026, against -1.7% for the S&P 500
Next report
October 21, 2026

Tootsie Roll Industries' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.7%
  • 1 week+10.6%
  • 1 month+0.8%
  • This year+8.2%
  • 1 year+12.6%
  • 5 years+37.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$735M
Operating margin
11.9%
Net margin
13.0%
EPS (TTM, diluted)
$1.31

Growth

Revenue growth
+1.6%
Change in growth rate
−0.7 pts
Share count change
−1.8%

Cash

Free cash flow (TTM)
$80.2M
FCF margin
10.9%

Earnings

Last results
October 22, 2026
Next results (est.)
February 11, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Announcement
  3. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Tootsie Roll Industries Inc valuation models and calculator

What the price is pricing in

The share price implies about 12.6% a year of cash-flow growth for five years.That is faster than the 5.2% a year revenue growth Tootsie Roll Industries has delivered.

  • Priced in12.6%
  • Last 12 months1.6%
  • 3 years a year0.4%
  • 5 years a year5.2%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($37.90, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$22
Price used
$37.90close November 3, 2026
Implied change
▼ 43%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Tootsie Roll Industries Inc's free cash flow after stock-based pay with after-tax interest added back ($89.6M, FY2026 Q2 TTM), growing 2% a year for five years and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$17–~$28 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Tootsie Roll Industries Inc's free cash flow after stock-based pay ( $89.6M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Tootsie Roll Industries Inc as an operating company, with every model that fits that kind of business. Cost of equity 7%: the 10-year Treasury yield (4.9%) plus a beta of 0.4 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$22 ~$17–$28 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$11 ~$15–$36 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$20 ~$13–$32 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$23 ~$19–$31 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$19 ~$11–$23 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Tootsie Roll Industries Inc with Packaged Foods & Meats in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −23%
  • Revenue growth 5 points higher ▲ +30%
  • Free-cash-flow margin 1 point lower ▼ −8%
  • Last year's free-cash-flow margin change, if it persists ▼ −23%
  • Discount rate 1 point higher ▼ −13%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $19$25$33$44$58$76
8.5% $15$19$25$33$43$56
10% $13$16$21$26$34$44

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$21.65$28.33$26.98$25.80$26.63$23.43$29.76$36.39$29.56$29.96$35.32$38.21
Market value$1.6bn$2.1bn$2.0bn$2.0bn$2.0bn$1.7bn$2.2bn$2.7bn$2.1bn$2.2bn$2.6bn$2.8bn
+ Net debt (− = net cash)−$126m−$119m−$96m−$111m−$139m−$167m−$106m−$53m−$76m−$139m−$127m−$62m
Enterprise value$1.5bn$2.0bn$1.9bn$1.9bn$1.9bn$1.5bn$2.1bn$2.6bn$2.0bn$2.1bn$2.4bn$2.7bn
Multiples
Price / sales 2.9x4.0x3.9x3.8x3.8x3.6x3.8x3.9x2.8x3.0x3.5x3.8x
Price / earnings 24.0x31.2x25.1x34.7x31.1x28.8x33.5x35.0x23.1x25.3x25.7x29.2x
Price / free cash flow 21.0x25.5x77.3x27.0x25.3x30.0x40.7x54.5x31.3x18.2x26.7x34.7x
EV / EBITDA 13.1x17.9x21.7x20.9x21.4x20.1x24.6x20.3x17.1x17.4x20.4x25.5x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

63 /100

Moderate moat

How hard Tootsie Roll Industries's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 10 / 20

    Cash operating profit has been a median 8.6% of total assets over 10 years.

  • Pricing power 13 / 20

    Gross margin has been a median 35.9%, moving by 1.6 percentage points (standard deviation) across 10 years.

  • Durability 13 / 20

    Operating margin has been a median 13.3%; its worst year was 10.7%.

  • Cash conversion 16 / 20

    Free cash flow was positive in 10 of 10 years, at a median 11.0% of revenue.

  • Discipline 11 / 20

    The diluted share count rose 2.7% over five years.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Tootsie Roll Industries Inc: too few analysts cover it.

Earnings against estimates

Quarter toEstimateActualSurprise
Mar 2015 $0.13 $0.11 −17.6%
Dec 2014 $0.19 $0.21 +9.9%
Sept 2014 $0.33 $0.31 −6.0%
Jun 2014 $0.10 $0.11 +7.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Positioning

Short interest
8.2%
of tradable shares
Days to cover
13.26
at average volume
Short interest, 1 month
+5%
to October 15, 2026
Held by institutions
31%
of shares
Held by insiders
57.7%
of shares
Employees
2,100
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +12.6%

$33.94 on October 31, 2025 to $38.21

ThenNowEffect
Revenue (last 12 months) $723m $735m +1.6%
Net margin 12.6% 13.0% +3.3%
P/E multiple 27.7x 29.2x +5.3%
Share count 74m 73m +1.8%

Biggest factor: p/e multiple.

Last 3 years +40.4%

$27.21 on November 3, 2023 to $38.21

ThenNowEffect
Revenue (last 12 months) $725m $735m +1.3%
Net margin 11.0% 13.0% +17.7%
P/E multiple 25.0x 29.2x +16.7%
Share count 74m 73m +0.9%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
TR+27%+22%−19%+1%+18%+8%
Industry peers (median)+8%−4%−4%−2%−19%−16%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
TR50%50%42%42%58%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
TR−30%−15%−36%−18%−20%−23%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 36% from February 6, 2023 to August 12, 2024. Getting back needed a 57% gain, reached on October 1, 2025, 415 days after the low.

Price behaviour

52-week range
$34.14 – $44.59
From 52-week high
−14.3%
vs 50-day average
+0.6%
vs 200-day average
−2.9%
Volatility (1 year)
25%
Beta vs S&P 500
-0.23

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±3.3%
After a week
6 up, 6 down
typical move ±3.5%
After a month
7 up, 4 down
typical move ±5.2%
Results releasedNext dayS&P 500 next day5 days21 days
October 22, 2026 −4.5% −1.7% +0.4% —
July 23, 2026 −4.8% −1.1% −0.1% +4.0%
April 23, 2026 0.0% +0.4% +0.9% −4.3%
February 12, 2026 +5.0% −1.5% +3.7% +9.4%
October 23, 2025 −11.8% +1.4% −17.8% −8.5%
July 24, 2025 +2.1% +0.5% −3.1% +2.3%
April 24, 2025 −2.5% +2.8% +0.3% +4.1%
February 13, 2025 +0.9% +1.1% +5.9% +6.9%
October 24, 2024 +1.4% +0.2% −1.9% +11.8%
July 25, 2024 +2.5% +0.6% +3.0% −2.2%
April 25, 2024 −1.6% +0.6% −2.3% −1.0%
February 20, 2024 −2.0% −0.5% −3.0% +2.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Tootsie Roll Industries Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

TR Tootsie Roll Industries Inc Grade B+ $37.92

Own 100 shares, sell the $40.00 call expiring December 18, 2026 (46 days) for $0.85 a share — $85.00 per contract.

Previous session · Bid $0.85, ask $1.15, quoted Mon 2 Nov, 17:37 New York time with TR at $37.92. Option prices move with the shares: check the live chain at your broker before trading.

  • If TR ends below $40.00: you keep your shares and the $85.00 — 2.2% extra on the position, 17.8% a year at that pace.
  • If it ends above $40.00: your shares are sold at $40.00, a total return of 7.7% including the premium — at or above our value of ~$22.
$294 $0 −$741 Break-even $37.07 Price $37.92 ← Our value ~$22
Profit or loss per contract at expiry, by share price (including the shares bought at today's price).
Premium
$85.00
Annualised
17.8%
Break-even
$37.07
Max gain
$293.5
Chance of selling
~37%

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Tootsie Roll Industries Inc in five measures

Fundamentals grade B+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Tootsie Roll Industries Inc
$700M $720M $740M $760M $780M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $761.8M Revenue (TTM), FY23 Q4: $769.4M Revenue (TTM), FY24 Q1: $760.4M Revenue (TTM), FY24 Q2: $751M Revenue (TTM), FY24 Q3: $727.1M Revenue (TTM), FY24 Q4: $723.2M Revenue (TTM), FY25 Q1: $718.5M Revenue (TTM), FY25 Q2: $722.8M Revenue (TTM), FY25 Q3: $729.6M Revenue (TTM), FY25 Q4: $732.5M Revenue (TTM), FY26 Q1: $735.6M Revenue (TTM), FY26 Q2: $734.7M $734.7M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $761.8M
FY23 Q4 $769.4M
FY24 Q1 $760.4M
FY24 Q2 $751M
FY24 Q3 $727.1M
FY24 Q4 $723.2M
FY25 Q1 $718.5M
FY25 Q2 $722.8M
FY25 Q3 $729.6M
FY25 Q4 $732.5M
FY26 Q1 $735.6M
FY26 Q2 $734.7M
Revenue growth, TTM YoY Tootsie Roll Industries Inc
-10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 14.5% Revenue growth, TTM YoY, FY23 Q4: 12.0% Revenue growth, TTM YoY, FY24 Q1: 7.3% Revenue growth, TTM YoY, FY24 Q2: 3.6% Revenue growth, TTM YoY, FY24 Q3: -4.6% Revenue growth, TTM YoY, FY24 Q4: -6.0% Revenue growth, TTM YoY, FY25 Q1: -5.5% Revenue growth, TTM YoY, FY25 Q2: -3.8% Revenue growth, TTM YoY, FY25 Q3: 0.3% Revenue growth, TTM YoY, FY25 Q4: 1.3% Revenue growth, TTM YoY, FY26 Q1: 2.4% Revenue growth, TTM YoY, FY26 Q2: 1.6% 1.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 14.5%
FY23 Q4 12.0%
FY24 Q1 7.3%
FY24 Q2 3.6%
FY24 Q3 -4.6%
FY24 Q4 -6.0%
FY25 Q1 -5.5%
FY25 Q2 -3.8%
FY25 Q3 0.3%
FY25 Q4 1.3%
FY26 Q1 2.4%
FY26 Q2 1.6%
Operating margin (TTM) Tootsie Roll Industries Inc
11% 12% 13% 14% 15% 16% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 13.2% Operating margin (TTM), FY23 Q4: 13.2% Operating margin (TTM), FY24 Q1: 13.2% Operating margin (TTM), FY24 Q2: 13.4% Operating margin (TTM), FY24 Q3: 12.4% Operating margin (TTM), FY24 Q4: 13.9% Operating margin (TTM), FY25 Q1: 15.7% Operating margin (TTM), FY25 Q2: 15.1% Operating margin (TTM), FY25 Q3: 14.6% Operating margin (TTM), FY25 Q4: 13.8% Operating margin (TTM), FY26 Q1: 13.7% Operating margin (TTM), FY26 Q2: 11.9% 11.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 13.2%
FY23 Q4 13.2%
FY24 Q1 13.2%
FY24 Q2 13.4%
FY24 Q3 12.4%
FY24 Q4 13.9%
FY25 Q1 15.7%
FY25 Q2 15.1%
FY25 Q3 14.6%
FY25 Q4 13.8%
FY26 Q1 13.7%
FY26 Q2 11.9%
FCF margin (TTM) Tootsie Roll Industries Inc
5% 10% 15% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 7.3% FCF margin (TTM), FY23 Q4: 8.8% FCF margin (TTM), FY24 Q1: 12.8% FCF margin (TTM), FY24 Q2: 11.2% FCF margin (TTM), FY24 Q3: 14.3% FCF margin (TTM), FY24 Q4: 16.7% FCF margin (TTM), FY25 Q1: 14.6% FCF margin (TTM), FY25 Q2: 14.6% FCF margin (TTM), FY25 Q3: 13.7% FCF margin (TTM), FY25 Q4: 13.2% FCF margin (TTM), FY26 Q1: 13.4% FCF margin (TTM), FY26 Q2: 10.9% 10.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 7.3%
FY23 Q4 8.8%
FY24 Q1 12.8%
FY24 Q2 11.2%
FY24 Q3 14.3%
FY24 Q4 16.7%
FY25 Q1 14.6%
FY25 Q2 14.6%
FY25 Q3 13.7%
FY25 Q4 13.2%
FY26 Q1 13.4%
FY26 Q2 10.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Tootsie Roll Industries took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $733M
  2. Other income $36.4M · 5.0%
  3. Cost of revenue $474M · 64.7%
  4. Gross profit $258M · 35.3%
  5. Selling, general and admin $158M · 21.5%
  6. Operating income $101M · 13.8%
  7. Income tax $37.3M · 5.1%
  8. Net income $100M · 13.7%

Shares of revenue. Source: Tootsie Roll Industries's 10-K for FY2025, as filed with the SEC. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 499 521 533 550 543 544 540 521 519 519 527 471 571 687 769 723 733 735
Gross profit 179 171 166 183 191 202 199 199 192 188 197 170 199 233 257 253 258 253
EBITDA 79 83 77 89 92 105 111 111 89 89 88 76 85 128 120 119 120 107
Operating income 61 65 58 69 72 84 91 91 70 70 69 58 67 111 102 101 101 87
Net income 53 53 44 52 61 63 66 68 81 57 65 59 65 76 92 87 100 95
Diluted EPS — — — — — — — — — — — — — — — — — $1.31
Growth (year on year)
Revenue +0.7% +4.4% +2.1% +3.3% −1.2% +0.0% −0.6% −3.5% −0.3% −0.1% +1.6% −10.6% +21.2% +20.4% +12.0% −6.0% +1.3% +1.6%
EBITDA −5.7% +5.3% −7.0% +15.8% +3.4% +13.3% +6.5% −0.5% −19.3% −0.3% −1.3% −13.1% +10.8% +51.6% −6.5% −1.2% +1.1% −16.0%
Operating income −8.4% +6.2% −10.4% +19.9% +4.1% +16.0% +8.5% +0.2% −22.8% +0.1% −1.8% −15.8% +15.3% +65.0% −8.1% −1.3% +0.4% −20.0%
Net income +35.2% −0.2% −17.2% +18.4% +17.0% +4.0% +4.4% +2.2% +19.8% −29.6% +14.1% −9.1% +10.7% +16.2% +21.0% −5.5% +15.2% +5.0%
Diluted EPS — — — — — — — — — — — — — — — — — +6.9%
Margins
Gross margin 35.8% 32.8% 31.2% 33.3% 35.2% 37.1% 36.9% 38.2% 37.0% 36.3% 37.4% 36.2% 34.9% 33.9% 33.4% 35.0% 35.3% 34.5%
EBITDA margin 15.8% 15.9% 14.5% 16.3% 17.0% 19.3% 20.6% 21.3% 17.2% 17.2% 16.7% 16.2% 14.8% 18.7% 15.6% 16.4% 16.4% 14.6%
Operating margin 12.2% 12.4% 10.9% 12.6% 13.3% 15.4% 16.9% 17.5% 13.6% 13.6% 13.1% 12.4% 11.8% 16.1% 13.2% 13.9% 13.8% 11.9%
Net margin 10.6% 10.2% 8.3% 9.5% 11.2% 11.6% 12.2% 13.0% 15.6% 11.0% 12.3% 12.5% 11.4% 11.1% 11.9% 12.0% 13.7% 13.0%
Free-cash-flow margin 11.2% 13.4% 6.4% 16.8% 17.3% 14.4% 14.0% 15.8% 5.1% 14.1% 15.2% 12.0% 9.4% 7.1% 8.8% 16.7% 13.2% 10.9%
Cash flow
Cash from operations 77 83 50 101 110 89 91 99 43 101 100 75 85 72 95 139 131 125
Capital spending 21 13 16 9 16 11 16 16 17 28 20 18 31 23 27 18 34 45
Free cash flow 56 70 34 93 94 78 76 82 26 73 80 57 54 49 68 121 96 80
Balance sheet
Cash 91 116 79 64 88 100 126 119 96 111 139 167 106 53 76 139 127 62
Total debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net debt (negative = net cash) −91 −116 −79 −64 −88 −100 −126 −119 −96 −111 −139 −167 −106 −53 −76 −139 −127 −62
Diluted shares 75m 74m 73m 74m 73m 72m 73m 74m 75m 77m 76m 73m 74m 73m 72m 73m 73m 73m
Returned to shareholders
Dividends 18 18 18 52 14 19 21 22 23 23 23 24 24 25 25 26 26 26
Buybacks 21 23 18 24 23 25 33 29 34 19 34 32 30 32 33 14 6 —
Total returned 39 41 37 76 37 44 54 51 57 42 58 56 54 57 58 39 33 26

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 1 checks passed · June 30, 2026
What it owns · $1.3bn
Short-term assets $335mLonger-term assets $935m
What it owes, and who funded it · $1.1bn
Short-term liabilities $116mShareholders' equity $952m
  • Short-term assets cover short-term liabilities $335m of assets due within a year against $116m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Tootsie Roll Industries Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2025 Q4 TTM
Buybacks (TTM)
$6.5M
Dividends (TTM)
$26.5M
Returned to shareholders
34%
of free cash flow
Buybacks, last 3 fiscal years
$53.1M
Diluted share count
−1.8%
year over year
Total shareholder yield
1.1%
dividends 0.9% + buybacks 0.2% of market value
Dividend payout ratio
28%
of net income paid out
Sales & admin spending
22.6%
of revenue
Days sales outstanding
26 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in packaged foods & meats
Last 12 months unless stated TR VITL OTLY JBSS FRPT HAIN Median
Revenue, last 12 months $735m $766m $862m $1.2bn $1.2bn $1.4bn $1.5bn
Revenue growth, last 12 months 1.6% 16.4% 4.7% 3.1% 12.8% −13.2% 2.1%
Revenue growth, 3-year average 0.4% 21.4% — 5.9% 20.8% −9.0% 1.5%
Revenue growth, latest quarter −0.6% −10.1% — −3.5% 15.5% −27.6% −1.8%
Gross margin 34.5% 28.1% 32.1% 17.7% 41.4% 20.1% 25.6%
Operating margin 11.9% 0.0% −7.9% 7.0% 8.1% −15.0% 3.1%
Operating margin, 3-year average 13.5% 6.9% — 7.5% 4.5% −15.2% 4.8%
Net margin 13.0% 0.0% −17.7% 4.8% 17.3% −22.5% 2.1%
Cash from operations / revenue 17.0% −2.2% −2.8% 8.8% 17.6% 5.8% 8.0%
Free-cash-flow margin 10.9% −16.5% −4.2% 2.6% 5.2% 4.3% 3.9%
Free-cash-flow margin, 3-year average 12.2% −2.1% — 2.2% −2.6% 2.9% 5.7%
Stock pay / revenue — 1.0% 1.5% 0.3% 1.2% 0.4% 0.6%
Change in share count −1.8% −1.7% 1.8% 0.6% 17.7% 0.7% 0.0%

Median of all 44 companies we cover in packaged foods & meats. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

44 packaged foods & meats companies
Measure Company Peer median Rank
Revenue growth Growth 1.6% 2.2% 24 of 44
Change in growth rate Growth -0.7pp -1.0pp 20 of 44
Gross margin Profitability 34.5% 25.6% 8 of 43
Operating margin Profitability 11.9% 3.4% 5 of 42
Net margin Profitability 13.0% 2.3% 5 of 44
Free-cash-flow margin Cash generation 10.9% 4.3% 6 of 43
Change in share count Balance sheet -1.8% 0.1% 9 of 40
Days sales outstanding Balance sheet 26 days 33 days 12 of 35

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Products $725M 98.9% ▲ 1.3%
Rental and Royalty $7.8M 1.1% ▲ 2.1%

From Tootsie Roll Industries Inc's 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$508M
Institutions reporting
230
Shares held vs prior quarter
▼ 4.1%
Positions opened / closed
43 / 33

Top buyers and sellers, Q2 2026: 130 institutions bought and 101 sold ; the biggest buyer was Millennium Management LLC (+343K shares) and the biggest seller Blackrock, Inc (−895K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $84.4M 2.1M 16.6% ▼ 29.6%
Dimensional Fund Advisors LP $46.2M 1.2M 9.1% ▲ 1.4%
Vanguard Portfolio Management LLC $45.7M 1.2M 9.0% ▼ 10.5%
Vanguard Capital Management LLC $31.3M 792K 6.2% ▼ 0.8%
State Street Corp $19.2M 484K 3.8% ▼ 37.7%
Renaissance Technologies LLC $18.7M 472K 3.7% ▲ 4.0%
Millennium Management LLC $17.5M 443K 3.5% ▲ 340.7%
Geode Capital Management, LLC $14.1M 357K 2.8% ▼ 36.8%
Two Sigma Investments, LP $11.7M 297K 2.3% ▲ 31.6%
Hfr Wealth Management, LLC $11.7M 295K 2.3% ▲ 1.9%
Invesco Ltd. $9.8M 248K 1.9% ▼ 3.8%
Jane Street Group, LLC $8.7M 220K 1.7% ▲ 779.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Tootsie Roll Industries Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around February 11, 2027 estimated from the company's past filing pattern, not announced

  • October 22, 2026
  • July 23, 2026
  • April 23, 2026
  • February 12, 2026
  • October 23, 2025
  • July 24, 2025

Recent SEC filings

Data status

When each part of this page on Tootsie Roll Industries Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Tootsie Roll Industries Inc in brief

What does Tootsie Roll Industries Inc do?
Tootsie Roll Industries Inc is a US-listed company in the packaged foods & meats industry. Its financial year ends in December.
What is Tootsie Roll Industries Inc's stock ticker?
Tootsie Roll Industries Inc trades under the ticker TR on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Tootsie Roll Industries Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Tootsie Roll Industries Inc reported revenue of $735M, 1.6% higher than a year earlier, according to its SEC filings.
What is Tootsie Roll Industries Inc's free cash flow?
Tootsie Roll Industries Inc's free-cash-flow margin is 10.9% of revenue over the trailing twelve months, ranking 6 of the 43 packaged foods & meats companies we cover.
What is Tootsie Roll Industries Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Tootsie Roll Industries Inc's free cash flow after stock-based pay gives ~$22 per share in the base case, and ~$17–$28 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Tootsie Roll Industries Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Dimensional Fund Advisors LP and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Tootsie Roll Industries Inc buying back stock, and does it pay a dividend?
Tootsie Roll Industries Inc spent $6.5M on share repurchases over the trailing twelve months, and its diluted share count fell 1.8% over the year.
What is Tootsie Roll Industries Inc's market cap?
On November 2, 2026, Tootsie Roll Industries Inc's market capitalisation was about $2.8B, with a price-to-earnings ratio of 29.2 and net debt of -$62.1M. Market figures come from third-party market data and may be delayed.
Does Tootsie Roll Industries Inc pay a dividend?
Yes: Tootsie Roll Industries Inc paid $26.5M in dividends over the trailing twelve months, a dividend yield of 0.92% and a payout ratio of 27.7%.
Who are Tootsie Roll Industries Inc's competitors?
In our Packaged Foods & Meats peer group, the companies closest to Tootsie Roll Industries Inc are Vital Farms, Inc., Oatly Group AB, Sanfilippo John B & SON Inc, Freshpet, Inc. and Hain Celestial Group Inc. The side-by-side comparison below sets their revenue, margins and growth against Tootsie Roll Industries Inc's.
When is Tootsie Roll Industries Inc's next earnings date?
Around February 11, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Tootsie Roll Industries Inc announces its own schedule.