TR Q4 2023 Earnings — Tootsie Roll Industries, Inc. Revenue & Financial Results | Market Cap Arena

TRTootsie Roll Industries, Inc.

$3B

Q4 2023 Earnings

Consumer Defensive Food Confectioners

Income Statement

Revenue

$197M+4.0% YoY

Gross Profit

$69M34.8% margin

Operating Income

$28M14.4% margin

Net Income

$29M14.9% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

-21.0%

Cash Flow

Operating Cash Flow

$55M

Free Cash Flow

$48M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$261M

Stockholders' Equity

$823M

Cash & Equivalents

$76M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$197M	$190M	+4.0%
Gross Profit	$69M	$66M	+4.7%
Operating Income	$28M	$27M	+3.7%
Net Income	$29M	$25M	+16.0%

Revenue Segments

Rental and Royalty

$3M100%