Tootsie Roll Industries Inc
Tootsie Roll Industries, Inc., together with its subsidiaries, manufactures and sells confectionery products in the United States, Canada, Mexico, and internationally. The company sells its products under the Tootsie Roll, Tootsie Fruit Rolls, Frooties, Tootsie Pops, Tootsie Mini Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Ch… Read more
Tootsie Roll Industries Inc (TR) - Net Assets
Latest net assets as of September 2025: $918.47 Million USD
Based on the latest financial reports, Tootsie Roll Industries Inc (TR) has net assets worth $918.47 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.23 Billion) and total liabilities ($310.09 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $918.47 Million |
| % of Total Assets | 74.76% |
| Annual Growth Rate | 7.41% |
| 5-Year Change | 14.06% |
| 10-Year Change | 24.6% |
| Growth Volatility | 7.07 |
Tootsie Roll Industries Inc - Net Assets Trend (1985–2024)
This chart illustrates how Tootsie Roll Industries Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tootsie Roll Industries Inc (1985–2024)
The table below shows the annual net assets of Tootsie Roll Industries Inc from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $870.41 Million | +5.75% |
| 2023-12-31 | $823.11 Million | +5.14% |
| 2022-12-31 | $782.88 Million | +1.83% |
| 2021-12-31 | $768.80 Million | +0.75% |
| 2020-12-31 | $763.10 Million | +0.45% |
| 2019-12-31 | $759.65 Million | +1.22% |
| 2018-12-31 | $750.50 Million | +2.27% |
| 2017-12-31 | $733.80 Million | +3.13% |
| 2016-12-31 | $711.54 Million | +1.86% |
| 2015-12-31 | $698.55 Million | +1.07% |
| 2014-12-31 | $691.14 Million | +1.59% |
| 2013-12-31 | $680.30 Million | +4.69% |
| 2012-12-31 | $649.82 Million | -2.42% |
| 2011-12-31 | $665.93 Million | -0.45% |
| 2010-12-31 | $668.95 Million | +2.52% |
| 2009-12-31 | $652.49 Million | +2.79% |
| 2008-12-31 | $634.77 Million | -0.54% |
| 2007-12-31 | $638.23 Million | +1.20% |
| 2006-12-31 | $630.68 Million | +2.15% |
| 2005-12-31 | $617.40 Million | +8.28% |
| 2004-12-31 | $570.18 Million | +6.26% |
| 2003-12-31 | $536.58 Million | +1.87% |
| 2002-12-31 | $526.74 Million | +3.59% |
| 2001-12-31 | $508.46 Million | +10.85% |
| 2000-12-31 | $458.70 Million | +6.52% |
| 1999-12-31 | $430.60 Million | +8.60% |
| 1998-12-31 | $396.50 Million | +12.90% |
| 1997-12-31 | $351.20 Million | +12.24% |
| 1996-12-31 | $312.90 Million | +14.95% |
| 1995-12-31 | $272.20 Million | +13.18% |
| 1994-12-31 | $240.50 Million | +13.28% |
| 1993-12-31 | $212.30 Million | +16.84% |
| 1992-12-31 | $181.70 Million | +18.91% |
| 1991-12-31 | $152.80 Million | +17.72% |
| 1990-12-31 | $129.80 Million | +18.43% |
| 1989-12-31 | $109.60 Million | +19.78% |
| 1988-12-31 | $91.50 Million | +18.68% |
| 1987-12-31 | $77.10 Million | +19.35% |
| 1986-12-31 | $64.60 Million | +20.75% |
| 1985-12-31 | $53.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tootsie Roll Industries Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 56.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $57.90 Million | 6.65% |
| Common Stock | $49.36 Million | 5.67% |
| Other Comprehensive Income | $-23.42 Million | -2.69% |
| Other Components | $786.90 Million | 90.37% |
| Total Equity | $870.74 Million | 100.00% |
Tootsie Roll Industries Inc Competitors by Market Cap
The table below lists competitors of Tootsie Roll Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atacadão S.A
SA:CRFB3
|
$915.21 Million |
|
Voltalia SA
PINK:VLTAF
|
$915.32 Million |
|
Medicover AB (publ)
PINK:MCVEF
|
$915.67 Million |
|
Hyundai Wia
KO:011210
|
$915.86 Million |
|
AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE)
NSE:AIIL
|
$915.15 Million |
|
Deterra Royalties Limited
PINK:DETRF
|
$915.11 Million |
|
Shanghai STEP Electric Corp
SHE:002527
|
$914.76 Million |
|
Adapthealth Corp
NASDAQ:AHCO
|
$914.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tootsie Roll Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 823,422,000 to 870,743,000, a change of 47,321,000 (5.7%).
- Net income of 86,827,000 contributed positively to equity growth.
- Dividend payments of 25,515,000 reduced retained earnings.
- Share repurchases of 13,534,000 reduced equity.
- Other comprehensive income decreased equity by 205,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $86.83 Million | +9.97% |
| Dividends Paid | $25.52 Million | -2.93% |
| Share Repurchases | $13.53 Million | -1.55% |
| Other Comprehensive Income | $-205.00K | -0.02% |
| Other Changes | $-252.00K | -0.03% |
| Total Change | $- | 5.75% |
Book Value vs Market Value Analysis
This analysis compares Tootsie Roll Industries Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.57x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 78.51x to 3.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.54 | $42.27 | x |
| 1986-12-31 | $0.61 | $42.27 | x |
| 1987-12-31 | $0.79 | $42.27 | x |
| 1988-12-31 | $0.95 | $42.27 | x |
| 1989-12-31 | $1.19 | $42.27 | x |
| 1990-12-31 | $1.37 | $42.27 | x |
| 1991-12-31 | $1.57 | $42.27 | x |
| 1992-12-31 | $1.78 | $42.27 | x |
| 1993-12-31 | $2.16 | $42.27 | x |
| 1994-12-31 | $2.33 | $42.27 | x |
| 1995-12-31 | $2.59 | $42.27 | x |
| 1996-12-31 | $3.06 | $42.27 | x |
| 1997-12-31 | $3.36 | $42.27 | x |
| 1998-12-31 | $3.94 | $42.27 | x |
| 1999-12-31 | $4.47 | $42.27 | x |
| 2000-12-31 | $4.54 | $42.27 | x |
| 2001-12-31 | $5.28 | $42.27 | x |
| 2002-12-31 | $5.48 | $42.27 | x |
| 2003-12-31 | $5.69 | $42.27 | x |
| 2004-12-31 | $6.19 | $42.27 | x |
| 2005-12-31 | $6.75 | $42.27 | x |
| 2006-12-31 | $6.98 | $42.27 | x |
| 2007-12-31 | $7.24 | $42.27 | x |
| 2008-12-31 | $7.37 | $42.27 | x |
| 2009-12-31 | $7.70 | $42.27 | x |
| 2010-12-31 | $8.00 | $42.27 | x |
| 2011-12-31 | $8.08 | $42.27 | x |
| 2012-12-31 | $8.00 | $42.27 | x |
| 2013-12-31 | $8.50 | $42.27 | x |
| 2014-12-31 | $8.75 | $42.27 | x |
| 2015-12-31 | $8.98 | $42.27 | x |
| 2016-12-31 | $9.30 | $42.27 | x |
| 2017-12-31 | $9.74 | $42.27 | x |
| 2018-12-31 | $10.09 | $42.27 | x |
| 2019-12-31 | $10.01 | $42.27 | x |
| 2020-12-31 | $10.20 | $42.27 | x |
| 2021-12-31 | $10.44 | $42.27 | x |
| 2022-12-31 | $10.73 | $42.27 | x |
| 2023-12-31 | $11.45 | $42.27 | x |
| 2024-12-31 | $11.85 | $42.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tootsie Roll Industries Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.97%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.01%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.32x
- Recent ROE (9.97%) is below the historical average (12.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 20.37% | 10.22% | 1.63x | 1.23x | $5.55 Million |
| 1986 | 19.81% | 11.49% | 1.39x | 1.24x | $6.34 Million |
| 1987 | 18.94% | 12.72% | 1.22x | 1.22x | $6.89 Million |
| 1988 | 18.14% | 12.91% | 1.00x | 1.41x | $7.45 Million |
| 1989 | 18.43% | 11.27% | 1.32x | 1.24x | $9.24 Million |
| 1990 | 17.41% | 11.63% | 1.22x | 1.23x | $9.62 Million |
| 1991 | 17.34% | 12.75% | 1.13x | 1.21x | $11.22 Million |
| 1992 | 17.61% | 13.04% | 1.10x | 1.22x | $13.83 Million |
| 1993 | 16.67% | 13.64% | 0.85x | 1.43x | $14.17 Million |
| 1994 | 15.76% | 12.77% | 0.96x | 1.29x | $13.85 Million |
| 1995 | 14.84% | 12.92% | 0.88x | 1.30x | $13.18 Million |
| 1996 | 15.08% | 13.85% | 0.87x | 1.25x | $15.91 Million |
| 1997 | 17.28% | 16.16% | 0.86x | 1.24x | $25.58 Million |
| 1998 | 17.02% | 17.37% | 0.80x | 1.23x | $27.85 Million |
| 1999 | 16.56% | 17.97% | 0.75x | 1.23x | $28.24 Million |
| 2000 | 16.51% | 17.73% | 0.76x | 1.23x | $29.87 Million |
| 2001 | 12.92% | 15.51% | 0.68x | 1.22x | $14.84 Million |
| 2002 | 12.60% | 16.88% | 0.61x | 1.23x | $13.71 Million |
| 2003 | 12.12% | 16.56% | 0.59x | 1.24x | $11.36 Million |
| 2004 | 11.26% | 15.28% | 0.52x | 1.42x | $7.16 Million |
| 2005 | 12.51% | 15.83% | 0.60x | 1.32x | $15.49 Million |
| 2006 | 10.45% | 13.15% | 0.63x | 1.26x | $2.85 Million |
| 2007 | 8.09% | 10.37% | 0.61x | 1.27x | $-12.20 Million |
| 2008 | 6.11% | 7.82% | 0.61x | 1.28x | $-24.70 Million |
| 2009 | 8.26% | 10.79% | 0.60x | 1.28x | $-11.37 Million |
| 2010 | 7.93% | 10.18% | 0.61x | 1.29x | $-13.83 Million |
| 2011 | 6.60% | 8.25% | 0.62x | 1.29x | $-22.66 Million |
| 2012 | 8.00% | 9.46% | 0.65x | 1.30x | $-12.98 Million |
| 2013 | 8.94% | 11.20% | 0.61x | 1.31x | $-7.18 Million |
| 2014 | 9.16% | 11.65% | 0.60x | 1.32x | $-5.78 Million |
| 2015 | 9.47% | 12.24% | 0.59x | 1.30x | $-3.73 Million |
| 2016 | 9.49% | 12.96% | 0.57x | 1.29x | $-3.63 Million |
| 2017 | 11.02% | 15.57% | 0.56x | 1.27x | $7.48 Million |
| 2018 | 7.58% | 10.96% | 0.55x | 1.26x | $-18.17 Million |
| 2019 | 8.54% | 12.32% | 0.54x | 1.29x | $-11.07 Million |
| 2020 | 7.73% | 12.52% | 0.48x | 1.29x | $-17.34 Million |
| 2021 | 8.49% | 11.45% | 0.56x | 1.32x | $-11.58 Million |
| 2022 | 9.70% | 11.05% | 0.67x | 1.30x | $-2.38 Million |
| 2023 | 11.16% | 11.95% | 0.71x | 1.32x | $9.57 Million |
| 2024 | 9.97% | 12.01% | 0.63x | 1.32x | $-247.30K |
Industry Comparison
This section compares Tootsie Roll Industries Inc's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $2,386,048,438
- Average return on equity (ROE) among peers: 8.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tootsie Roll Industries Inc (TR) | $918.47 Million | 20.37% | 0.34x | $915.18 Million |
| Barry Callebaut AG (BYCBF) | $3.28 Billion | 5.67% | 3.88x | $4.71 Billion |
| Cloetta AB ser. B (CLOEF) | $4.18 Billion | 6.34% | 1.22x | $422.02 Million |
| Chocoladefabriken Lindt & Sprüngli AG (COCXF) | $1.67 Billion | 14.46% | 0.51x | $24.55 Billion |
| Gunther Grant Inc (GNGR) | $-21.59K | 0.00% | 0.00x | $0.92 |
| Hershey Co (HSY) | $727.90 Million | 15.40% | 0.65x | $31.58 Billion |
| Mondelez International Inc (MDLZ) | $13.46 Billion | 13.02% | 1.25x | $74.06 Billion |
| Delfi Limited (PEFDF) | $246.19 Million | 17.83% | 0.60x | $334.75 Million |
| Rocky Mountain Chocolate Factory (RMCF) | $8.50 Million | 4.71% | 1.19x | $12.56 Million |
| Rogers Sugar Inc (RSGUF) | $252.88 Million | 16.18% | 1.32x | $476.94 Million |
| Sow Good Inc. Common Stock (SOWG) | $31.99 Million | -11.57% | 0.71x | $3.80 Million |