TOOTSIE ROLL INDUSTRIES INC Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Tootsie Roll Industries Inc quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Tootsie Roll Industries Inc Operating Margin for the quarter ending June 30, 2024 was 13.4 %, a 7.61% increase year-over-year.
  • Tootsie Roll Industries Inc annual Operating Margin for 2023 was 13.2 %, a 17.9% decline from 2022.
  • Tootsie Roll Industries Inc annual Operating Margin for 2022 was 16.1 %, a 37.1% increase from 2021.
  • Tootsie Roll Industries Inc annual Operating Margin for 2021 was 11.8 %, a 4.85% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 13.2 -2.89 -17.9% Jan 1, 2023 Dec 31, 2023
2022 16.1 +4.36 +37.1% Jan 1, 2022 Dec 31, 2022
2021 11.8 -0.6 -4.85% Jan 1, 2021 Dec 31, 2021
2020 12.4 -0.77 -5.86% Jan 1, 2020 Dec 31, 2020
2019 13.1 -0.45 -3.31% Jan 1, 2019 Dec 31, 2019
2018 13.6 +0.02 +0.15% Jan 1, 2018 Dec 31, 2018
2017 13.6 -3.95 -22.6% Jan 1, 2017 Dec 31, 2017
2016 17.5 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.