Tootsie Roll Industries
TR
Operating Margin for Tootsie Roll Industries (TR)
Operating Margin as of May 2024 (TTM): 14.21%
According to Tootsie Roll Industries 's latest financial reports and stock price the company's current Operating Margin is 14.21%. At the end of 2022 the company had an Operating Margin of 14.40%.
Operating Margin history for Tootsie Roll Industries from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 14.40% | -4.91% |
| 2021 | 15.15% | -6.45% |
| 2020 | 16.19% | -0.74% |
| 2019 | 16.31% | 15.62% |
| 2018 | 14.11% | -13.37% |
| 2017 | 16.28% | -13.33% |
| 2016 | 18.79% | 9.62% |
| 2015 | 17.14% | 2.05% |
| 2014 | 16.80% | 8.03% |
| 2013 | 15.55% | 15.27% |
| 2012 | 13.49% | 17.91% |
| 2011 | 11.44% | -19.49% |
| 2010 | 14.21% | 10.54% |
| 2009 | 12.85% | 14.03% |
| 2008 | 11.27% | -27.3% |
| 2007 | 15.50% | -18.81% |
| 2006 | 19.10% | -18.05% |
| 2005 | 23.30% | 3.39% |
| 2004 | 22.54% | -9.64% |
| 2003 | 24.94% | -2.59% |
| 2002 | 25.61% | 7.6% |
| 2001 | 23.80% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 The Hershey Company HSY | 18.39% | 29.42% | 🇺🇸 USA |
 Mondelez MDLZ | 14.05% | -1.13% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.