Tootsie Roll Industries Inc (TR) - Net Assets
Based on the latest financial reports, Tootsie Roll Industries Inc (TR) has net assets worth $948.79 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.25 Billion) and total liabilities ($298.96 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. Check tangible equity quality of Tootsie Roll Industries Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $948.79 Million |
| % of Total Assets | 76.04% |
| Annual Growth Rate | 7.43% |
| 5-Year Change | 22.34% |
| 10-Year Change | 32.19% |
| Growth Volatility | 6.98 |
Tootsie Roll Industries Inc - Net Assets Trend (1985–2025)
This chart illustrates how Tootsie Roll Industries Inc's net assets have evolved over time, based on quarterly financial data. See TR days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Tootsie Roll Industries Inc (1985–2025)
The table below shows the annual net assets of Tootsie Roll Industries Inc from 1985 to 2025. For live valuation and market cap data, see TR stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $940.57 Million | +8.06% |
| 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 76.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $65.47 Million | 6.96% |
| Common Stock | $50.69 Million | 5.39% |
| Other Comprehensive Income | $-20.50 Million | -2.18% |
| Other Components | $845.32 Million | 89.83% |
| Total Equity | $940.97 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 |
|---|---|
|
Zhejiang Great Shengda Packaging Co Ltd
SHG:603687
|
$1.56 Billion |
|
Mesoblast Limited
F:LWB
|
$1.56 Billion |
|
Guangdong Homa Appliances Co Ltd
SHE:002668
|
$1.56 Billion |
|
Sylvamo Corp
NYSE:SLVM
|
$1.56 Billion |
|
Solvac S.A.
BR:SOLV
|
$1.56 Billion |
|
ManpowerGroup Inc
NYSE:MAN
|
$1.56 Billion |
|
Ennostar Inc
TW:3714
|
$1.56 Billion |
|
Oruka Therapeutics, Inc.
NASDAQ:ORKA
|
$1.56 Billion |
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 2024 to 2025, total equity changed from 870,743,000 to 940,972,000, a change of 70,229,000 (8.1%).
- Net income of 100,052,000 contributed positively to equity growth.
- Dividend payments of 26,066,000 reduced retained earnings.
- Share repurchases of 6,482,000 reduced equity.
- Other comprehensive income increased equity by 2,917,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $100.05 Million | +10.63% |
| Dividends Paid | $26.07 Million | -2.77% |
| Share Repurchases | $6.48 Million | -0.69% |
| Other Comprehensive Income | $2.92 Million | +0.31% |
| Other Changes | $-192.00K | -0.02% |
| Total Change | $- | 8.07% |
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: 2.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 67.31x to 2.81x 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 | $36.24 | x |
| 1986-12-31 | $0.61 | $36.24 | x |
| 1987-12-31 | $0.79 | $36.24 | x |
| 1988-12-31 | $0.95 | $36.24 | x |
| 1989-12-31 | $1.19 | $36.24 | x |
| 1990-12-31 | $1.37 | $36.24 | x |
| 1991-12-31 | $1.57 | $36.24 | x |
| 1992-12-31 | $1.78 | $36.24 | x |
| 1993-12-31 | $2.16 | $36.24 | x |
| 1994-12-31 | $2.33 | $36.24 | x |
| 1995-12-31 | $2.59 | $36.24 | x |
| 1996-12-31 | $3.06 | $36.24 | x |
| 1997-12-31 | $3.36 | $36.24 | x |
| 1998-12-31 | $3.94 | $36.24 | x |
| 1999-12-31 | $4.47 | $36.24 | x |
| 2000-12-31 | $4.54 | $36.24 | x |
| 2001-12-31 | $5.28 | $36.24 | x |
| 2002-12-31 | $5.48 | $36.24 | x |
| 2003-12-31 | $5.69 | $36.24 | x |
| 2004-12-31 | $6.19 | $36.24 | x |
| 2005-12-31 | $6.75 | $36.24 | x |
| 2006-12-31 | $6.98 | $36.24 | x |
| 2007-12-31 | $7.24 | $36.24 | x |
| 2008-12-31 | $7.37 | $36.24 | x |
| 2009-12-31 | $7.70 | $36.24 | x |
| 2010-12-31 | $8.00 | $36.24 | x |
| 2011-12-31 | $8.08 | $36.24 | x |
| 2012-12-31 | $8.00 | $36.24 | x |
| 2013-12-31 | $8.50 | $36.24 | x |
| 2014-12-31 | $8.75 | $36.24 | x |
| 2015-12-31 | $8.98 | $36.24 | x |
| 2016-12-31 | $9.30 | $36.24 | x |
| 2017-12-31 | $9.74 | $36.24 | x |
| 2018-12-31 | $10.09 | $36.24 | x |
| 2019-12-31 | $10.01 | $36.24 | x |
| 2020-12-31 | $10.20 | $36.24 | x |
| 2021-12-31 | $10.44 | $36.24 | x |
| 2022-12-31 | $10.73 | $36.24 | x |
| 2023-12-31 | $11.45 | $36.24 | x |
| 2024-12-31 | $11.85 | $36.24 | x |
| 2025-12-31 | $12.91 | $36.24 | 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): 10.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.66%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.33x
- Recent ROE (10.63%) is below the historical average (12.60%), 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 |
| 2025 | 10.63% | 13.66% | 0.58x | 1.33x | $5.95 Million |
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: $7,674,327,722
- Average return on equity (ROE) among peers: -91.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tootsie Roll Industries Inc (TR) | $948.79 Million | 20.37% | 0.32x | $1.56 Billion |
| Hershey Co (HSY) | $1.10 Billion | 41.90% | 2.05x | $25.59 Billion |
| Mondelez International Inc (MDLZ) | $29.59 Billion | 8.89% | 0.95x | $77.17 Billion |
| Rocky Mountain Chocolate Factory (RMCF) | $2.90 Million | 13.79% | 0.55x | $11.78 Million |
| Sow Good Inc. Common Stock (SOWG) | $2.81 Million | -431.43% | 2.17x | $28.77 Million |
About 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 Roll, Tootsie Pops, Tootsie Mini Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar D… Read more