Tootsie Roll Industries (TR) financial statements
Tootsie Roll Industries reported revenue of $733M in fiscal 2025, up 3.9% a year over 9 years.
Net income was $100M and the operating margin 13.8%, against 17.5% in 2016.
Free cash flow was $96M, and the company returned $26M in dividends and $6M in net buybacks.
The diluted share count rose 11% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Tootsie Roll Industries's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $521M | $519M | $519M | $527M | $471M | $571M | $687M | $769M | $723M | $733M |
| Cost of revenue | $322M | $327M | $331M | $330M | $301M | $372M | $454M | $513M | $470M | $474M |
| Gross profit | $199M | $192M | $188M | $197M | $170M | $199M | $233M | $257M | $253M | $258M |
| Selling, general and admin | $108M | $121M | $118M | $128M | $112M | $132M | $122M | $155M | $153M | $158M |
| Operating income | $91M | $70M | $70M | $69M | $58M | $67M | $111M | $102M | $101M | $101M |
| Interest expense | $105,000 | $144,000 | $181,000 | $220,000 | $164,000 | $46,000 | $104,000 | $337,000 | $509,000 | $447,000 |
| Pre-tax income | $98M | $85M | $73M | $85M | $76M | $86M | $98M | $120M | $127M | $137M |
| Income tax | $31M | $4M | $16M | $21M | $17M | $20M | $22M | $28M | $40M | $37M |
| Net income | $68M | $81M | $57M | $65M | $59M | $65M | $76M | $92M | $87M | $100M |
| EPS (diluted) | $1.02 | $1.21 | $0.84 | $0.94 | $0.84 | $0.91 | $1.04 | $1.28 | $1.18 | $1.37 |
| Diluted shares | 66M | 67M | 68M | 69M | 70M | 71M | 73M | 72M | 73M | 73M |
| Gross margin | 38.2% | 37.0% | 36.3% | 37.4% | 36.2% | 34.9% | 33.9% | 33.4% | 35.0% | 35.3% |
| Operating margin | 17.5% | 13.6% | 13.6% | 13.1% | 12.4% | 11.8% | 16.1% | 13.2% | 13.9% | 13.8% |
| Net margin | 13.0% | 15.6% | 11.0% | 12.3% | 12.5% | 11.4% | 11.1% | 11.9% | 12.0% | 13.7% |
Balance sheet
Fiscal years, from Tootsie Roll Industries's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $187M | $138M | $186M | $239M | $209M | $146M | $149M | $171M | $195M | $177M |
| Receivables | $43M | $47M | $50M | $45M | $41M | $55M | $59M | $56M | $44M | $48M |
| Total current assets | $299M | $271M | $304M | $353M | $321M | $268M | $309M | $341M | $334M | $321M |
| Property, plant and equipment | $181M | $179M | $186M | $188M | $187M | $209M | $212M | $223M | $220M | $238M |
| Goodwill | $73M | $73M | $73M | $73M | $73M | $73M | $73M | $73M | $73M | $73M |
| Total assets | $920M | $931M | $947M | $978M | $985M | $1.0B | $1.0B | $1.1B | $1.1B | $1.3B |
| Total current liabilities | $64M | $64M | $61M | $80M | $70M | $80M | $90M | $95M | $87M | $98M |
| Total liabilities | $209M | $197M | $197M | $218M | $221M | $250M | $236M | $261M | $277M | $313M |
| Shareholders' equity | $711M | $734M | $751M | $760M | $763M | $769M | $783M | $823M | $871M | $941M |
| Net debt | -$119M | -$96M | -$111M | -$139M | -$167M | -$106M | -$53M | -$76M | -$139M | -$127M |
Cash flow
Fiscal years, from Tootsie Roll Industries's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $99M | $43M | $101M | $100M | $75M | $85M | $72M | $95M | $139M | $131M |
| Capital spending | $16M | $17M | $28M | $20M | $18M | $31M | $23M | $27M | $18M | $34M |
| Free cash flow | $82M | $26M | $73M | $80M | $57M | $54M | $49M | $68M | $121M | $96M |
| Dividends paid | $22M | $23M | $23M | $23M | $24M | $24M | $25M | $25M | $26M | $26M |
| Share buybacks (net) | -$29M | -$34M | -$19M | -$34M | -$32M | -$30M | -$32M | -$33M | -$14M | -$6M |
| Free cash flow margin | 15.8% | 5.1% | 14.1% | 15.2% | 12.0% | 9.4% | 7.1% | 8.8% | 16.7% | 13.2% |
| Dividends per share | $0.34 | $0.34 | $0.34 | $0.34 | $0.34 | $0.34 | $0.34 | $0.35 | $0.35 | $0.36 |
Questions
What was Tootsie Roll Industries's revenue in 2025?
$733M in fiscal 2025, from its 10-K filing.
How much free cash flow does Tootsie Roll Industries generate?
$96M in fiscal 2025 (operating cash flow minus capital spending).
From Tootsie Roll Industries's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.