TR (Tootsie Roll Industries) Debt-to-Equity: 0.01 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TR Tootsie Roll Industries Inc TR
80 GF Score
Price $39.02
GF Value $31.60
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Tootsie Roll Industries Debt-to-Equity?

Tootsie Roll Industries TR -0.94% 80 Debt-to-Equity is 0.01 as of Mar. 2026, which is at its 10-year median of 0.01. GuruFocus rates TR with a GF Score™ of 80/100 and a GF Value™ of $31.60 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,743 Consumer Packaged Goods companies, Tootsie Roll Industries ranks better than 99.94% on this metric.

Tootsie Roll Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2.0 Mil. Tootsie Roll Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $11.6 Mil. Tootsie Roll Industries's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $949.2 Mil. Tootsie Roll Industries's debt to equity for the quarter that ended in Mar. 2026 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Tootsie Roll Industries's Debt-to-Equity or its related term are showing as below:

TR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.02
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Tootsie Roll Industries was 0.02. The lowest was 0.01. And the median was 0.01.

TR's Debt-to-Equity is ranked better than
99.94% of 1743 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs TR: 0.01

Tootsie Roll Industries  (NYSE:TR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Tootsie Roll Industries Debt-to-Equity Related Terms


Tootsie Roll Industries Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Tootsie Roll Industries's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tootsie Roll Industries Debt-to-Equity Chart

Tootsie Roll Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Tootsie Roll Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.01 N/A

TR vs SOWG, RMCF, MDLZ: Debt-to-Equity Comparison

For the Confectioners subindustry, Tootsie Roll Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tootsie Roll Industries Debt-to-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tootsie Roll Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tootsie Roll Industries's Debt-to-Equity falls into.


TR
80GF Score
Tootsie Roll Industries Inc TR
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tootsie Roll Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tootsie Roll Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Tootsie Roll Industries's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.01 mean?
Tootsie Roll Industries (TR) has a Debt-to-Equity of 0.01 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tootsie Roll Industries and its competitors. This is near median its historical median of 0.01. Over the past decade, Tootsie Roll Industries' Debt-to-Equity has ranged from 0.01 to 0.02. According to the industry distribution chart, Tootsie Roll Industries ranks #1 out of 1743 companies in the Consumer Packaged Goods industry, placing it in the top 0.099999999999994%.
Is Tootsie Roll Industries' Debt-to-Equity too high?
Tootsie Roll Industries' current Debt-to-Equity of 0.01 is near median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.02. The Consumer Packaged Goods industry median Debt-to-Equity is 0.41. Tootsie Roll Industries' value of 0.01 is 97.6% below this industry median. Based on the distribution chart, Tootsie Roll Industries ranks #1 out of 1743 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Tootsie Roll Industries has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tootsie Roll Industries' Debt-to-Equity compare to SOWG and RMCF?
According to the Consumer Packaged Goods industry distribution chart, Tootsie Roll Industries ranks #1 out of 1743 companies for Debt-to-Equity. This places Tootsie Roll Industries in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. Tootsie Roll Industries' value of 0.01 is 97.6% below this benchmark. Historically, Tootsie Roll Industries' own Debt-to-Equity has ranged from 0.01 to 0.02 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.41, Tootsie Roll Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.41, based on 1,743 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tootsie Roll Industries's current Debt-to-Equity of 0.01 is 97.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tootsie Roll Industries and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tootsie Roll Industries's current Debt-to-Equity is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tootsie Roll Industries stock overvalued right now?
Based on GuruFocus' analysis, Tootsie Roll Industries (TR) is currently considered Modestly Overvalued. The stock's GF Value™ is $31.60, compared to a current price of $39.02 — trading 23.5% above its estimated fair value. The current Debt-to-Equity is 0.01, which is near median its 10-year median of 0.01 and 97.6% below the Consumer Packaged Goods industry median of 0.41. Tootsie Roll Industries' overall GF Score™ is 80/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Tootsie Roll Industries (TR), the current Debt-to-Equity is 0.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tootsie Roll Industries (TR) Overvalued in 2026?

Based on GuruFocus' analysis, Tootsie Roll Industries stock appears to be overvalued. The current stock price of $39.02 is trading 23.5% above its estimated GF Value™ of $31.60. GuruFocus considers Tootsie Roll Industries to be Modestly Overvalued.

Key valuation signals for TR:

  • Debt-to-Equity: 0.01 (near median its 10-year median of 0.01)
  • GF Value™: $31.60 vs. price of $39.02 (23.5% above fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 97.6% below the Consumer Packaged Goods median (#1 of 1743)

No single metric tells the full story. See the TR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tootsie Roll Industries Business Description

Other Exchanges TROLB:USA
Address 7401 South Cicero Avenue, Chicago, IL, USA, 60629
Tootsie Roll Industries Inc manufactures and sells confectionery products. Notable varieties include Tootsie Roll and Tootsie Pops, Charms, Blow-Pops, Dots, Junior Mints, Sugar Daddy and Sugar Babies, Andes, Dubble Bubble, Razzles among others. The company sells its products to wholesale distributors and directly to retail stores. Geographically, it generates a majority of its revenue from the United States and rest from Canada, Mexico and other regions.
80GF Score

Get the complete analysis for TR

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$39.02
Price
$31.60
GF Value