Tootsie Gross Profit from 2010 to 2024

TR Stock

USD 30.63 0.20 0.66%

Tootsie Roll Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 181.3 M. Gross Profit is the profit Tootsie Roll Industries makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

1985-09-30

Previous Quarter

50.4 M

Current Value

51.2 M

Quarterly Volatility

8.2 B

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Tootsie Roll financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tootsie Roll's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.8 M, Interest Expense of 353.9 K or Total Revenue of 451.1 M, as well as many indicators such as Price To Sales Ratio of 2.74, Dividend Yield of 0.0076 or PTB Ratio of 3.61. Tootsie financial statements analysis is a perfect complement when working with Tootsie Roll Valuation or Volatility modules.

Check out the analysis of Tootsie Roll Correlation against competitors.

Latest Tootsie Roll's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Tootsie Roll Industries over the last few years. Gross profit is a required income statement account that reflects total revenue of Tootsie Roll Industries minus its cost of goods sold. It is profit before Tootsie Roll operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Tootsie Roll's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tootsie Roll's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 232.73 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Tootsie Gross Profit Regression Statistics

	Arithmetic Mean	186,617,074
	Geometric Mean	178,763,062
	Coefficient Of Variation	23.10
	Mean Deviation	23,880,434
	Median	192,393,000
	Standard Deviation	43,104,726
	Sample Variance	1858T
	Range	204.6M
	R-Value	0.58
	Mean Square Error	1331.4T
	R-Squared	0.33
	Significance	0.02
	Slope	5,575,339
	Total Sum of Squares	26012.2T

Tootsie Gross Profit History

	2024	181.3 M
	2023	257.4 M
	2022	227.2 M
	2021	194.5 M
	2020	170.4 M
	2019	193.5 M
	2018	188.2 M

Other Fundumenentals of Tootsie Roll Industries

Gross Profit Margin

Tootsie Roll Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Short Term Investments	Common Stock	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Accumulated Depreciation	Long Term Debt Total	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	-0.5	0.02	0.91	0.99	0.91	0.04	0.97	0.58	0.05	0.84	-0.12	-0.84	0.12	0.74	-0.9	0.48	0.62	0.52	0.66	-0.57	0.44	0.46	-0.16	0.16	0.31	0.09
Total Stockholder Equity	1.0		-0.51	0.01	0.91	0.98	0.91	0.03	0.97	0.57	0.05	0.84	-0.11	-0.84	0.11	0.72	-0.91	0.48	0.62	0.5	0.64	-0.57	0.45	0.45	-0.15	0.15	0.33	0.08
Net Debt	-0.5	-0.51		0.37	-0.25	-0.44	-0.63	0.11	-0.44	0.07	0.07	-0.36	0.31	0.36	0.27	0.05	0.47	-0.11	-0.26	-0.27	-0.17	0.29	-0.17	-0.09	-0.66	0.2	-0.46	0.25
Retained Earnings	0.02	0.01	0.37		0.02	0.04	-0.25	-0.1	0.21	-0.16	-0.57	-0.24	0.1	-0.31	0.2	0.43	-0.26	-0.36	-0.39	-0.33	-0.32	0.44	-0.41	-0.37	-0.16	0.03	-0.4	0.09
Net Receivables	0.91	0.91	-0.25	0.02		0.89	0.8	0.03	0.88	0.65	0.09	0.8	-0.05	-0.73	0.17	0.7	-0.8	0.52	0.63	0.44	0.69	-0.57	0.51	0.48	-0.42	0.17	0.17	0.11
Total Liab	0.99	0.98	-0.44	0.04	0.89		0.87	0.07	0.96	0.59	0.03	0.83	-0.16	-0.81	0.16	0.78	-0.86	0.48	0.61	0.59	0.69	-0.56	0.39	0.48	-0.2	0.18	0.26	0.13
Total Current Assets	0.91	0.91	-0.63	-0.25	0.8	0.87		0.18	0.84	0.59	0.36	0.88	-0.19	-0.74	0.18	0.57	-0.74	0.64	0.77	0.58	0.63	-0.7	0.55	0.57	-0.11	0.26	0.55	0.16
Short Term Debt	0.04	0.03	0.11	-0.1	0.03	0.07	0.18		0.02	0.44	0.43	0.52	0.4	-0.3	0.63	0.36	0.15	0.71	0.64	0.53	0.55	-0.71	0.62	0.76	-0.37	0.94	0.06	0.95
Intangible Assets	0.97	0.97	-0.44	0.21	0.88	0.96	0.84	0.02		0.47	-0.07	0.76	-0.15	-0.91	0.21	0.79	-0.95	0.39	0.54	0.45	0.55	-0.46	0.32	0.34	-0.18	0.18	0.23	0.12
Accounts Payable	0.58	0.57	0.07	-0.16	0.65	0.59	0.59	0.44	0.47		0.47	0.78	0.14	-0.44	0.2	0.58	-0.33	0.67	0.68	0.48	0.75	-0.76	0.62	0.78	-0.6	0.49	0.18	0.49
Short Term Investments	0.05	0.05	0.07	-0.57	0.09	0.03	0.36	0.43	-0.07	0.47		0.4	0.07	0.09	0.36	0.03	0.22	0.67	0.61	0.31	0.3	-0.52	0.54	0.59	-0.42	0.44	0.57	0.33
Common Stock	0.84	0.84	-0.36	-0.24	0.8	0.83	0.88	0.52	0.76	0.78	0.4		0.1	-0.75	0.39	0.71	-0.61	0.84	0.92	0.73	0.89	-0.91	0.78	0.84	-0.38	0.59	0.36	0.52
Long Term Debt	-0.12	-0.11	0.31	0.1	-0.05	-0.16	-0.19	0.4	-0.15	0.14	0.07	0.1		0.06	0.15	0.15	0.2	0.24	0.12	-0.13	0.12	-0.19	0.53	0.34	-0.14	0.35	0.18	0.33
Good Will	-0.84	-0.84	0.36	-0.31	-0.73	-0.81	-0.74	-0.3	-0.91	-0.44	0.09	-0.75	0.06		-0.33	-0.78	0.88	-0.41	-0.55	-0.48	-0.54	0.55	-0.33	-0.36	0.21	-0.43	-0.06	-0.41
Treasury Stock	0.12	0.11	0.27	0.2	0.17	0.16	0.18	0.63	0.21	0.2	0.36	0.39	0.15	-0.33		0.58	0.01	0.67	0.59	0.46	0.37	-0.33	0.36	0.48	-0.61	0.81	0.11	0.72
Property Plant Equipment	0.74	0.72	0.05	0.43	0.7	0.78	0.57	0.36	0.79	0.58	0.03	0.71	0.15	-0.78	0.58		-0.64	0.55	0.58	0.49	0.61	-0.45	0.37	0.53	-0.53	0.55	0.09	0.5
Current Deferred Revenue	-0.9	-0.91	0.47	-0.26	-0.8	-0.86	-0.74	0.15	-0.95	-0.33	0.22	-0.61	0.2	0.88	0.01	-0.64		-0.16	-0.34	-0.29	-0.39	0.32	-0.16	-0.11	0.04	0.01	-0.11	0.04
Net Tangible Assets	0.48	0.48	-0.11	-0.36	0.52	0.48	0.64	0.71	0.39	0.67	0.67	0.84	0.24	-0.41	0.67	0.55	-0.16		0.97	0.72	0.81	-0.86	0.86	0.92	-0.53	0.77	0.43	0.67
Capital Surpluse	0.62	0.62	-0.26	-0.39	0.63	0.61	0.77	0.64	0.54	0.68	0.61	0.92	0.12	-0.55	0.59	0.58	-0.34	0.97		0.76	0.85	-0.9	0.84	0.89	-0.46	0.71	0.44	0.61
Deferred Long Term Liab	0.52	0.5	-0.27	-0.33	0.44	0.59	0.58	0.53	0.45	0.48	0.31	0.73	-0.13	-0.48	0.46	0.49	-0.29	0.72	0.76		0.84	-0.72	0.49	0.67	-0.29	0.56	0.07	0.53
Long Term Investments	0.66	0.64	-0.17	-0.32	0.69	0.69	0.63	0.55	0.55	0.75	0.3	0.89	0.12	-0.54	0.37	0.61	-0.39	0.81	0.85	0.84		-0.88	0.74	0.86	-0.45	0.58	0.08	0.56
Accumulated Depreciation	-0.57	-0.57	0.29	0.44	-0.57	-0.56	-0.7	-0.71	-0.46	-0.76	-0.52	-0.91	-0.19	0.55	-0.33	-0.45	0.32	-0.86	-0.9	-0.72	-0.88		-0.84	-0.9	0.34	-0.69	-0.28	-0.66
Long Term Debt Total	0.44	0.45	-0.17	-0.41	0.51	0.39	0.55	0.62	0.32	0.62	0.54	0.78	0.53	-0.33	0.36	0.37	-0.16	0.86	0.84	0.49	0.74	-0.84		0.86	-0.33	0.6	0.48	0.51
Short Long Term Debt	0.46	0.45	-0.09	-0.37	0.48	0.48	0.57	0.76	0.34	0.78	0.59	0.84	0.34	-0.36	0.48	0.53	-0.11	0.92	0.89	0.67	0.86	-0.9	0.86		-0.45	0.74	0.36	0.68
Cash And Equivalents	-0.16	-0.15	-0.66	-0.16	-0.42	-0.2	-0.11	-0.37	-0.18	-0.6	-0.42	-0.38	-0.14	0.21	-0.61	-0.53	0.04	-0.53	-0.46	-0.29	-0.45	0.34	-0.33	-0.45		-0.55	0.19	-0.54
Net Invested Capital	0.16	0.15	0.2	0.03	0.17	0.18	0.26	0.94	0.18	0.49	0.44	0.59	0.35	-0.43	0.81	0.55	0.01	0.77	0.71	0.56	0.58	-0.69	0.6	0.74	-0.55		0.07	0.97
Net Working Capital	0.31	0.33	-0.46	-0.4	0.17	0.26	0.55	0.06	0.23	0.18	0.57	0.36	0.18	-0.06	0.11	0.09	-0.11	0.43	0.44	0.07	0.08	-0.28	0.48	0.36	0.19	0.07		-0.11
Capital Stock	0.09	0.08	0.25	0.09	0.11	0.13	0.16	0.95	0.12	0.49	0.33	0.52	0.33	-0.41	0.72	0.5	0.04	0.67	0.61	0.53	0.56	-0.66	0.51	0.68	-0.54	0.97	-0.11

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About Tootsie Roll Financial Statements

Tootsie Roll shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Tootsie Roll investors may analyze each financial statement separately, they are all interrelated. The changes in Tootsie Roll's assets and liabilities, for example, are also reflected in the revenues and expenses on on Tootsie Roll's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	257.4 M	181.3 M
Gross Profit Margin	0.33	0.46

Pair Trading with Tootsie Roll

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tootsie Roll position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tootsie Roll will appreciate offsetting losses from the drop in the long position's value.

Moving against Tootsie Stock

0.62	DG	Dollar General	Pair Corr
0.61	CCU	Compania Cervecerias	Pair Corr
0.5	BJ	BJs Wholesale Club	Pair Corr
0.49	FMX	Fomento Economico	Pair Corr
0.47	XXII	22nd Century Group	Pair Corr

The ability to find closely correlated positions to Tootsie Roll could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tootsie Roll when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tootsie Roll - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tootsie Roll Industries to buy it.

The correlation of Tootsie Roll is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tootsie Roll moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tootsie Roll Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Tootsie Roll can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Tootsie Stock Analysis

When running Tootsie Roll's price analysis, check to measure Tootsie Roll's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tootsie Roll is operating at the current time. Most of Tootsie Roll's value examination focuses on studying past and present price action to predict the probability of Tootsie Roll's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tootsie Roll's price. Additionally, you may evaluate how the addition of Tootsie Roll to your portfolios can decrease your overall portfolio volatility.

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