First Time Loading...

Tootsie Roll Industries Inc
NYSE:TR

Watchlist Manager
Tootsie Roll Industries Inc Logo
Tootsie Roll Industries Inc
NYSE:TR
Watchlist
Price: 30.2 USD 0.23% Market Closed
Updated: Apr 20, 2024

ROA
Return on Assets

8.7%
Current
7%
Average
3%
Industry
Positive for the last year
8.7%
Positive average
7%
Better than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
8.7%
=
Net Income
91.9m
/
Total Assets
1.1B

ROA Across Competitors

ROA Comparison
Tootsie Roll Industries Inc Competitors

Country US
Market Cap 2.2B USD
ROA
9%
Country JP
Market Cap 53.2T JPY
ROA
4%
Country CH
Market Cap 249.7B CHF
ROA
9%
Country US
Market Cap 91.8B USD
ROA
7%
Country US
Market Cap 46B USD
ROA
3%
Country FR
Market Cap 38.2B EUR
ROA
2%
Country US
Market Cap 39.8B USD
ROA
8%
Country MY
Market Cap 189.2B MYR
ROA
3%
Country US
Market Cap 37.8B USD
ROA
16%
Country CN
Market Cap 232.3B CNY
ROA
5%
Country ZA
Market Cap 30.6B Zac
ROA
11%

Profitability Report

View the profitability report to see the full profitability analysis for Tootsie Roll Industries Inc.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
8.7%
=
Net Income
91.9m
/
Total Assets
1.1B
What is the ROA of Tootsie Roll Industries Inc?

Based on Tootsie Roll Industries Inc's most recent financial statements, the company has ROA of 8.7%.