TOOTSIE ROLL INDUSTRIES INC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $732.5M | $723.2M | $769.4M | $687.0M | $570.8M | $471.1M | $527.1M | $518.9M |
| Cost of Revenue | $474.1M | $470.0M | $512.5M | $454.2M | $371.5M | $300.7M | $330.1M | $330.7M |
| Gross Profit | $258.4M | $253.2M | $256.8M | $232.7M | $199.2M | $170.4M | $197.0M | $188.2M |
| Gross Margin | 35.3% | 35.0% | 33.4% | 33.9% | 34.9% | 36.2% | 37.4% | 36.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $157.5M | $152.7M | $155.0M | $122.0M | $132.1M | $112.1M | $127.8M | $117.7M |
| Operating Income | $100.9M | $100.5M | $101.8M | $110.8M | $67.1M | $58.2M | $69.2M | $70.5M |
| Operating Margin | 13.8% | 13.9% | 13.2% | 16.1% | 11.8% | 12.4% | 13.1% | 13.6% |
| Interest Expense | — | — | $337.0K | $104.0K | $46.0K | $164.0K | $220.0K | $181.0K |
| Pretax Income | $137.2M | $126.9M | $119.9M | $98.1M | $85.7M | $76.3M | $85.4M | $73.2M |
| Income Tax Expense | $37.3M | $40.1M | $28.0M | $22.2M | $20.4M | $17.3M | $20.6M | $16.4M |
| Net Income | $100.1M | $86.8M | $91.9M | $75.9M | $65.3M | $59.0M | $64.9M | $56.9M |
| Net Margin | 13.7% | 12.0% | 11.9% | 11.1% | 11.4% | 12.5% | 12.3% | 11.0% |
| EPS (Basic) | $1.37 | $1.18 | $1.28 | $1.04 | $0.91 | $0.84 | $0.94 | $0.84 |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 72.9M | 73.4M | 71.9M | 72.9M | 71.5M | 70.5M | 69.4M | 68.1M |
| Shares Outstanding (Diluted) | 72.9M | 73.4M | 71.9M | 72.9M | 71.5M | 70.5M | 69.4M | 68.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |