TR
Tootsie Roll Industries, Inc.Consumer Defensive·Food Confectioners
$37.71
$2.8B market cap
Revenue
$347.8M
Free Cash Flow
$64.3M
Rev Growth
+0.0%
FCF Margin
18.5%
P/FCF
44.1x
EV/FCF
41.7x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Tootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. It sells its products under the Tootsie Roll, Tootsie Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop trademarks. The company sells its pro
2-Year Price History
$40.06+54.8%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 151.5 | 29.2 | 24.3 | 17.7 | 11.5 | 3.3 | -8.2 | 170.1 | 13.6 | 75.1 | 22.8% | -- | -- |
| Act | 2025-Q4 | 196.3 | 44.9 | 35.2 | 28.8 | 73.3 | 61.0 | -12.4 | 177.0 | 13.9 | 72.9 | 30.7% | 100.4x | -- |
Valuation & Metrics
Market Stats
Price$37.71
Market Cap$2.8B
Enterprise Value$2.7B
P/S Ratio8.2x
P/FCF44.1x
EV/FCF41.7x
FCF Margin (TTM)18.5%
FCF Yield2.3%
Dividend Yield (TTM)1.0%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$347.8M
Net Income$46.5M
Free Cash Flow$64.3M
Revenue Growth (YoY)+0.0%
EBITDA Margin21.3%
Net Margin13.4%
FCF Margin18.5%
CapEx % of Revenue5.9%
SBC % of Revenue0.0%
ROIC26.7%
WC Change % Rev-0.5%
Interest Coverage165.8x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares2.3M
Days to Cover21.0
Change (vs Prior)-1.1%
Need at least 2 settlement dates for chart
Employees
Headcount2,300
Revenue / Employee$151,225
Gross Profit / Employee$54,705
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
7.5%(+1.6% YoY)
203 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
11.2%(+5.2% YoY)
12 filers
Vanguard, iShares, SPDR
Market makers
0.1%(-0.0% YoY)
6 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| BlackRock, Inc.Passive | $129M | $30.61 | +$5.0M | +$50.5M | -0.2% | $5.69T |
| VANGUARD PORTFOLIO MANAGEMENT LLCPassive | $55.1M | $42.72 | +$55.1M | +$55.1M | — | $1.91T |
| DIMENSIONAL FUND ADVISORS LPPassive | $49.2M | $31.75 | +$1.1M | +$2.4M | -0.4% | $480.92B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $34.1M | $42.72 | +$34.1M | +$34.1M | — | $4.04T |
| STATE STREET CORPPassive | $33.2M | $35.73 | +$2.9M | +$16.9M | -0.2% | $2.89T |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $24.1M | $32.97 | −$825K | +$12.6M | +2.3% | $1.61T |
| RENAISSANCE TECHNOLOGIES LLC | $19.4M | $29.39 | −$60K | −$3.3M | +1.2% | $63.91B |
| Allspring Global Investments Holdings, LLC | $15.0M | $28.22 | −$6.1M | −$38.5M | -0.7% | $59.61B |
| HFR Wealth Management, LLC | $12.4M | $29.07 | −$172K | +$156K | -0.8% | $407M |
| Invesco Ltd. | $11.0M | $36.28 | −$3.7M | +$4.7M | -0.2% | $652.04B |
| TWO SIGMA INVESTMENTS, LP | $9.6M | $34.14 | +$6.4M | +$2.2M | -0.9% | $117.03B |
| NORTHERN TRUST CORPPassive | $9.0M | $32.83 | +$443K | +$5.1M | -0.2% | $755.34B |
| UBS Group AG | $8.8M | $32.23 | +$471K | +$3.6M | -0.3% | $562.11B |
| T. Rowe Price Investment Management, Inc. | $8.5M | $42.72 | +$8.5M | +$8.5M | -1.3% | $145.22B |
| MORGAN STANLEY | $8.5M | $30.92 | +$255K | +$1.3M | -0.3% | $1.65T |
| Bank of New York Mellon Corp | $8.0M | $31.81 | +$44K | +$2.2M | -0.2% | $543.21B |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $7.7M | $32.94 | +$116K | +$3.1M | +0.7% | $645.81B |
| BFSG, LLC | $7.7M | $29.62 | +$217K | +$183K | +0.0% | $1.05B |
| ProShare Advisors LLC | $6.5M | $38.28 | −$447K | +$6.5M | -0.7% | $67.49B |
| BANK OF AMERICA CORP /DE/ | $6.1M | $29.01 | +$82K | −$3.2M | -0.1% | $1.36T |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BULLISH
Holders
-0.20%
avg per quarter
Holders (ex-self)
-0.20%
excl. this stock
Buyers (this Q)
-0.53%
131 buyers · $0.18B in
Sellers (this Q)
-1.89%
59 sellers · $0.00B out
alpha coverage: 83% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-4.7%
how holders react when this stock falls
On quiet Qs
-4.3%
−10% to +10% baseline
On rallies (+10%+)
-12.6%
how they react when this stock rises
Holders' portfolio flow this Q
+3.5%
inflows — adds are organic
Sellers' portfolio flow this Q
+12.0%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-4.1%
Holder mid (any stock)
-4.3%
Holder rally (any stock)
-4.8%
Biggest decreases this quarter
Allspring Global Investments Holdings, LLC−$6.1Mα-0.7Invesco Ltd.−$3.7Mα-0.2GEODE CAPITAL MANAGEMENT, LLC−$825Kα+2.3TUDOR INVESTMENT CORP ET ALexited−$667KINCEPTIONR LLCexited−$472KAVIVA PLCexited−$466KProShare Advisors LLC−$447Kα-0.7NEW YORK STATE TEACHERS RETIREMENT SYSTEMexited−$419KGUGGENHEIM CAPITAL LLCexited−$391KSTATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEMexited−$350K
New buyers this quarter
Top-5 holders · 52.6%
BlackRock, Inc.--
VANGUARD PORTFOLIO MANAGEMENT LLC--
DIMENSIONAL FUND ADVISORS LP--
VANGUARD CAPITAL MANAGEMENT LLC--
STATE STREET CORP--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
FIRST TRUST ADVISORS LP88KAllspring Global Investments Holdings, LLC348KWELLS FARGO & COMPANY/MN31KProShare Advisors LLC152KRENAISSANCE TECHNOLOGIES LLC454KInvesco Ltd.258KHFR Wealth Management, LLC290KMILLENNIUM MANAGEMENT LLC101KBank of New York Mellon Corp188KTWO SIGMA INVESTMENTS, LP226K
Corporate
Order Flow (FINRA, ~3w lag)
15.0%retail+2.7pp
22.5%dark-1.4pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
Tootsie Roll Industries Inc: A Cash-Rich Fortress Haunted by a $100M Pension Ghost
Overall Risk
3/10
Fraud
2/10
Dilution
3/10
Insolvency
1/10
Earnings Overstated
2/10
Hidden Liabilities
6/10
Legal
2/10
Audit Warnings
4/10
Hidden Upside
7/10
Contextually Acceptable
9/10