Tootsie Roll Industries Inc
NYSE:TR
ROIC
Return on Invested Capital
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
ROIC Across Competitors
ROIC Comparison
Tootsie Roll Industries Inc Competitors
Country | US |
Market Cap | 2.2B USD |
ROIC |
9%
|
Country | JP |
Market Cap | 53.2T JPY |
ROIC |
5%
|
Country | CH |
Market Cap | 244B CHF |
ROIC |
12%
|
Country | US |
Market Cap | 90.1B USD |
ROIC |
7%
|
Country | US |
Market Cap | 45.2B USD |
ROIC |
6%
|
Country | FR |
Market Cap | 37.9B EUR |
ROIC |
5%
|
Country | US |
Market Cap | 38.9B USD |
ROIC |
11%
|
Country | US |
Market Cap | 37.5B USD |
ROIC |
22%
|
Country | CN |
Market Cap | 232.9B CNY |
ROIC |
10%
|
Country | ZA |
Market Cap | 30B Zac |
ROIC |
13%
|
Country | ZA |
Market Cap | 29.4B Zac |
ROIC |
27%
|
Profitability Report
View the profitability report to see the full profitability analysis for Tootsie Roll Industries Inc.
See Also
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
Based on Tootsie Roll Industries Inc's most recent financial statements, the company has ROIC of 9%.