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Tootsie Roll Industries Inc
NYSE:TR

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Tootsie Roll Industries Inc Logo
Tootsie Roll Industries Inc
NYSE:TR
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Price: 32.03 USD 0.22%
Updated: Mar 29, 2024

ROE
Return on Equity

11.4%
Current
9%
Average
6.5%
Industry
Positive for the last year
11.4%
Positive average
9%
Better than average
Better than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
11.4%
=
Net Income
91.9m
/
Equity
803.3m

ROE Across Competitors

ROE Comparison
Tootsie Roll Industries Inc Competitors

Country US
Market Cap 2.3B USD
ROE
11%
Country JP
Market Cap 53.2T JPY
ROE
15%
Country CH
Market Cap 251B CHF
ROE
29%
Country US
Market Cap 94.4B USD
ROE
18%
Country US
Market Cap 44.9B USD
ROE
6%
Country FR
Market Cap 38.4B EUR
ROE
5%
Country MY
Market Cap 192.4B MYR
ROE
5%
Country US
Market Cap 39.8B USD
ROE
50%
Country US
Market Cap 39.5B USD
ROE
26%
Country CN
Market Cap 229.2B CNY
ROE
16%
Country ZA
Market Cap 31.4B Zac
ROE
16%

ROE Distribution

ROE Distribution
Food Products Industry

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 Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
11.4%
=
Net Income
91.9m
/
Equity
803.3m
What is the ROE of Tootsie Roll Industries Inc?

Based on Tootsie Roll Industries Inc's most recent financial statements, the company has ROE of 11.4%.