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Tootsie Roll Industries, Inc.

Rank #331ValueWatchlistCompare with other stocks

TROLB · OTC · Consumer Defensive

Tootsie Roll Industries, Inc. (TROLB) — Rank #331 by gross profitability (GP/assets 0.20) · ROE 10.5% · Piotroski F-Score 6 / 9.

As-of 2026-10-30 · CIK 0000098677 · all metrics point-in-time as of the filing date.

About

Tootsie Roll Industries, Inc., together with its subsidiaries, manufactures and sells confectionery products in the United States, Canada, Mexico, and internationally.

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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 Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, Nik-L-Nip, And Tutsi Pop trademarks. It sells its products directly to wholesale distributors of candy, food and groceries, supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandisers, warehouse and membership club stores, vending machine operators, e-commerce merchants, on-line marketplaces, the U.S. military and fund-raising charitable organizations, as well as through food and grocery brokers. Tootsie Roll Industries, Inc.

was founded in 1896 and is headquartered in Chicago, Illinois.

Industry
Confectioners
Sector
Consumer Defensive
State
VA
Filer Category
Large accelerated filer
Fiscal Year End
December 31

Company Snapshot

P/E and dividend yield are the primary valuation lenses for mature businesses.

Market Cap

$2.93B

P/E (annual)

—

P/S (annual)

4.0

P/B

3.1

P/OCF (annual)

22.4

Shareholder Yield

1.6%

Employees

2,100

Industry

Confectioners

Exchange

OTC

10/11

Flags passed

TROLB fails 1 critical flag

Passes 10 of 11 quality flags

  • FAIL
    Operating margin declining

    Operating margin lower than prior year

  • PASS
    Gross margin holding
  • PASS
    Dilution within 2%
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Revenue not declining
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    Balance sheet stable
  • PASS
    No competitive retreat
  • PASS
    No valuation convergence

Strengths Revenue growth accelerating · Sequential beat (rev + EPS)

No data SBC and margin — not counted as a pass.

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.20
Return on equity
10.5%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.33
Current ratio
2.89×
Net cash
$572.91M

Cash Flow

2/3 pass
Positive FCF
PASS
Cash-backed earnings
WARN
Accruals healthy
PASS
SBC / revenue
—

Growth

2/2 pass
Revenue growth
1.3%
Piotroski F-Score
6 / 9
Share dilution
-0.7%

Dividend yield and payout ratio are the primary reads at this stage (trailing P/E — see valuation above).

Profitability

Does it make money well?

Warning: Operating margin declining · GP/assets 0.20

Gross profitability (GP / assets)

0.20

Primary signal (Novy-Marx).

10th of 13 SIC 20 peers

Return on equity

10.5%

Gross margin

35.3%

7th of 13 SIC 20 peers

Revenue growth (YoY)

1.3%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

2.2%

Revenue CAGR (5Y)

9.2%

Earnings CAGR (3Y)

9.6%

FCF CAGR (3Y)

25.5%

Cash Flow Health

Is the cash real?

No warning flags · FCF 4% below net income

Free cash flow

$96.35M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

-3.7%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

WARN

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

—

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

No warning flags · net cash $572.91M, F-Score 6/9

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.33

3rd of 13 SIC 20 peers (best = lowest)

Current ratio

2.89×

6th of 13 SIC 20 peers

Quick ratio

1.67×

Net cash

$572.91M

Cash & equivalents minus total debt.

Piotroski F-Score

6 / 9

Fundamental-strength score (0-9).

Valuation

Is the price reasonable?

No warning flags

Dividend safety

Composite score

4.2 / 5

Strong
Payout ratio
26.1%5/5 Strong
FCF coverage
3.70×5/5 Strong
Dividend growth streak
10 yr5/5 Strong
Balance-sheet health
D/E 0.33 · IC N/A2/5 Fair

Capital allocation quality

Composite score

4.3 / 5

Strong
Share count trend(net buybacks)
-0.7%3/5 Good
Buyback timing
N/AN/A
Dividend growth consistency
10 yr5/5 Strong
Net debt trajectory(deleveraging)
6.9%5/5 Strong

Lifecycle Phase History

20202025
Decline
Op. Leverage
Capital Return
Value

Price History

TROLB+50.9% · +8.5% CAGRSPY+83.9% · +12.9% CAGR

View full financial statements →

Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports