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← CockpitCompetitor Analysis › TR Tootsie Roll Industries, Inc.Open in the cockpit ↗

Tootsie Roll Industries, Inc.TRCompetitor analysis, valuation and peers

United States · USD·Consumer Staples›Food: Specialty/Candy

Maker of classic American candy brands including Tootsie Roll, Tootsie Pop, Junior Mints and Charms.

Momentum neutral 50
Mkt cap
$2.92B
US dollars, full cap
Free float
40%
of shares outstanding
$/day
$6.86M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+1.6 pp
WACC 6.9%
Hurdle
+5 pp
Req g minus delivered
Next earnings
102 days
16 Feb 2027
Close · USD$38.97
1D-0.3%
1W+5.7%
1M+3.7%
3M-1.5%
6M-8.3%
YTD+9.6%
1Y+7.9%
ATR %2.7%
Beta-0.17
52w lowhigh13.5% off high

What Tootsie Roll Industries does

Maker of classic American candy brands including Tootsie Roll, Tootsie Pop, Junior Mints and Charms.

Sells candy in volume to grocery, mass and convenience chains, with a heavy seasonal peak around Halloween, and makes its own products in plants in the US and Mexico. The Gordon family keeps control through shares with extra voting rights.

Products and services

  • Tootsie Roll/Tootsie Pop candies
  • Junior Mints
  • Charms/other candy brands

Customers

  • Grocery/mass retailers
  • Convenience stores
  • Seasonal/holiday candy buyers

Where it sits in the supply chain

  • Consumer staples
  • Confectionery manufacturing
  • Candy retail distribution

What could go right

  • Seasonal/holiday candy demand
  • Brand nostalgia-driven sales

What could go wrong

  • Mature, low-growth candy category
  • Input cost (sugar, cocoa) inflation

Moat: narrow (brand). Long-standing, nostalgic candy brands with decades of consumer recognition, though the category is mature and competitive.

Headquarters: Chicago, Illinois, US · Founded: 1896 · Employees: 2,100

Named competitors

Tootsie Roll Industries at a glance

Size Tootsie Roll Industries (TR) is a United States Consumer Staples company (Food: Specialty/Candy) with a market value of $2.92B, the 1572nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $38.97 on 6 Nov 2026.

Performance Over six months the shares fell 8.3%, against +2.4% for the median peer and -1.1% for the United States market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue grew 1.6% over the last twelve months (peer median +6.5%); the operating margin is 12.1% (peer median 8.9%).

Valuation It trades at 3.8× enterprise value to sales against a peer median of 1.6× (5th most expensive of 21).

Price implies For today's price to make sense, revenue must grow about 14% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is +5 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 1.6 points above its cost of capital (6.9% WACC).

Short interest Short interest is 5.3% of the free float (15 Oct 2026).

Next results Next results expected around 16 Feb 2027 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026Peer median 102TR 96
Six months, rebased to 100: Tootsie Roll Industries against the median of its 20 peers (local-currency closes).

Tootsie Roll Industries financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$735M$733M$723M$769M$687M
Revenue growth—+1%-6%+12%—
Gross profit$255M$260M$255M$257M$232M
EBITDA$109M$122M$120M$121M$128M
Net income$95.5M$100M$86.8M$91.9M$75.9M
Free cash flow$80.2M$96.4M$121M$67.8M$48.7M
Capital expenditure$44.5M$34.3M$18.0M$26.8M$23.4M
Total debt$13.3M$13.9M$14.8M$15.9M$13.3M

Quarterly statements and history in the cockpit →

Tootsie Roll Industries competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%+40%-20%0%MZTI6008732222FRPTGRGGNC2810SZUTATE271560605589ASHCOCO60018622298020PFD605198301498TR6-month return →1-month return →
Up and to the right = strong over both horizons. Tootsie Roll Industries is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%2×4×MZTI6008732222FRPTGRGGNC2810SZUTATE271560605589ASHCOCO60018622298020PFD605198301498TRRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Tootsie Roll Industries is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%MZTI2222FRPTGRGGNC2810SZUTATE271560ASHCOCO2229605198TRGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Tootsie Roll Industries is the large dot.

Tootsie Roll Industries competitors and peer comparison

Head to head with its named competitors (TR vs HSY vs MDLZ vs LISN.SW)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Tootsie Roll Industries TR$2.92B-8%+2%12%3.8×14.1%
Hershey Company (The) HSY$35.8B-3%+7%20%3.3×-5.0%
Mondelez International MDLZ$83.6B+8%+6%18%2.6×-2.7%
Chocoladefabriken Lindt & Spruengli LISN.SW$24.6B-8%+4%16%3.6×3.4%
Nestle NESN.SW$266B+11%-2%16%3.1×1.3%

How Tootsie Roll Industries compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Tootsie Roll Industries against its 20 peers (data as of 6 Nov 2026)
MeasureTRPeer medianRank in peer set
1-month return+3.7%+3.6%11th highest of 21
6-month return-8.3%+2.4%8th lowest of 21
Distance from 52-week high-13.5%-19.2%9th highest of 21
Revenue growth (TTM)+1.6%+6.5%6th lowest of 21
Operating margin12.1%8.9%7th highest of 21
EV / Sales3.8×1.6×5th most expensive of 21
Growth the price implies (Req g, 7 yrs)14.1%5.1%4th most demanding of 17
Growth delivered (Del g)+9.2%+8.7%8th highest of 17
Hurdle (Req g minus delivered)+4.8 pp-5.9 pp4th most demanding of 17
ROIC minus cost of capital+1.6 pp+2.3 pp10th lowest of 21
EV / EBITDA25.7×10.4×2nd most expensive of 17
Net debt / EBITDA-1.2×0.8×5th least indebted of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Tootsie Roll Industries TRUnited States$2.92B-8%+2%12%3.8×14.1%+9.2%
Marzetti MZTIUnited States$2.86B-8%-1%11%1.6×-2.4%+5.6%
MeiHua 600873.SSChina$2.99B-27%-3%4%0.9×n/an/a
Kotobuki Spirits 2222.TJapan$2.81B+41%+10%25%5.0×5.2%+27.7%
Freshpet FRPTUnited States$3.09B+21%+12%9%2.7×28.5%+28.2%
Greggs GRG.LUnited Kingdom$3.20B+42%+7%9%1.3×10.5%+21.5%
Greencore GNC.LUnited Kingdom$3.23B+31%+26%6%1.4×22.4%+9.0%
House Foods 2810.TJapan$2.58B+49%0%6%1.1×5.0%+4.9%
Suedzucker SZU.DEGermany$2.57B-5%-5%-3%0.6×0.7%+4.6%
Tate & Lyle TATE.LUnited Kingdom$3.34B+53%+16%9%1.7×10.8%+10.6%
Orion 271560.KSSouth Korea$3.45B-18%+11%17%1.0×-17.1%+8.4%
Jinan Shengquan Group Share 605589.SSChina$3.46B-30%+12%8%2.4×n/an/a
Ashland ASHUnited States$3.51B+39%+2%7%2.4×12.3%-2.5%
Vita Coco COCOUnited States$3.56B-13%+26%20%4.5×8.4%+14.4%
Lotus 600186.SSChina$2.37B-18%+21%13%4.1×n/an/a
CALBEE 2229.TJapan$2.37B+7%+5%8%1.1×-1.8%+5.0%
Kanematsu 8020.TJapan$2.35B+2%+4%5%0.5×-2.4%+10.5%
Post POSTUnited States$3.65B-19%+6%10%1.3×-2.1%+7.4%
Premier Foods PFD.LUnited Kingdom$2.34B+3%+2%18%1.6×-1.3%+4.4%
Yantai North Andre Juice 605198.SSChina$2.31B+16%-17%18%10.1×36.8%+14.8%
Gambol Pet 301498.SZChina$2.25B-32%+14%7%2.1×n/an/a

Questions

Who are Tootsie Roll Industries's main competitors?
Named competitors: Hershey Company (HSY), Mars (private or unlisted), Ferrara Candy (private or unlisted), Mondelez International (MDLZ), Lindt & Spruengli (LISN.SW), Nestle (NESN.SW). The cockpit's measured peer set (industry) also includes Marzetti (MZTI), MeiHua (600873.SS), Kotobuki Spirits (2222.T), Freshpet (FRPT), Greggs (GRG.L), Greencore (GNC.L).
Is Tootsie Roll Industries expensive compared with its peers?
On ev / sales it trades at 3.8× against a peer median of 1.6×, 5th most expensive of 21 in its peer set. For today's price to make sense, revenue must grow about 14% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is +5 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Tootsie Roll Industries stock performed?
Over six months to 6 Nov 2026 the shares returned -8.3% against +2.4% for the median peer; over one year +7.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.