Tootsie Roll Industries Inc
NYSE:TR

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Tootsie Roll Industries Inc
NYSE:TR
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Price: 31.81 USD 0.28% Market Closed
Market Cap: 2.3B USD
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Gross Margin
Tootsie Roll Industries Inc

33.9%
Current
34%
Average
23.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
33.9%
=
Gross Profit
246.3m
/
Revenue
727.1m

Gross Margin Across Competitors

Country US
Market Cap 2.3B USD
Gross Margin
34%
Country JP
Market Cap 53.2T JPY
Gross Margin
34%
Country CH
Market Cap 190.2B CHF
Gross Margin
47%
Country US
Market Cap 79.4B USD
Gross Margin
39%
Country ZA
Market Cap 46B Zac
Gross Margin
28%
Country FR
Market Cap 41.2B EUR
Gross Margin
48%
Country US
Market Cap 36.9B USD
Gross Margin
35%
Country ZA
Market Cap 35.8B Zac
Gross Margin
42%
Country US
Market Cap 35.4B USD
Gross Margin
35%
Country CN
Market Cap 258.7B CNY
Gross Margin
35%
Country US
Market Cap 34.5B USD
Gross Margin
44%
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Tootsie Roll Industries Inc
Glance View

Market Cap
2.3B USD
Industry
Food Products

Tootsie Roll Industries Inc. has carved a sweet niche in the confectionery world, enthralling taste buds for over a century. Founded by Leo Hirschfield in 1896, the company has grown from its humble origins in a small New York City shop to becoming a giant in the candy industry. At the heart of its operations is a commitment to producing affordable, quality treats, and this philosophy has driven its steady expansion. With flagship products like the iconic Tootsie Roll and Tootsie Pop, the company has managed to capture the nostalgic cravings of adults while remaining a staple for younger generations. Tootsie Roll Industries has adeptly managed its supply chain, ensuring efficient production and distribution processes that maximize its profitability. Its strategic placement in everyday retail points, including convenience stores, supermarkets, and vending machines, ensures that its products remain within reach of consumers at all times. The business model is firmly rooted in leveraging brand strength while maintaining cost-conscious operations—balancing quality ingredients with streamlined production techniques. By doing so, Tootsie Roll Industries generates revenue primarily through the mass sale of its diverse lineup, which includes Junior Mints, Double Bubble, and Charleston Chew, among others. A key component of its financial sustainability is the ability to maintain classic recipes and simple packaging, which help keep expenditures in check. This approach has allowed Tootsie Roll Industries to consistently produce robust sales results and earn a loyal customer base that associates its brands with both emotional and sensory satisfaction. Underpinning the company's success is its strategic vision of growth, which encompasses not only widening its distribution network but also embracing occasional product innovation to capture evolving market trends without straying too far from its cherished roots.

TR Intrinsic Value
19.66 USD
Overvaluation 38%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
33.9%
=
Gross Profit
246.3m
/
Revenue
727.1m
What is the Gross Margin of Tootsie Roll Industries Inc?

Based on Tootsie Roll Industries Inc's most recent financial statements, the company has Gross Margin of 33.9%.