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Tootsie Roll Industries (TR)

Market Price (5/10/2026): $42.53 | Market Cap: $3.2 Bil
Sector: Consumer Staples | Industry: Packaged Foods & Meats

Tootsie Roll Industries (TR)

Market Price (5/10/2026): $42.53
Market Cap: $3.2 Bil
Sector: Consumer Staples
Industry: Packaged Foods & Meats

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 19%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%

Low stock price volatility
Vol 12M is 26%

Megatrend and thematic drivers
Megatrends include E-commerce & DTC Adoption. Themes include Online Grocery Platforms, Direct-to-Consumer Brands (Staples), and Supply Chain Digitization.

Weak multi-year price returns
3Y Excs Rtn is -55%

Expensive valuation multiples
P/SPrice/Sales ratio is 4.3x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 23x

Significant short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 22.8

Key risks
TR key risks include [1] consumer resistance to its price increases adversely affecting sales volume and [2] a significant dependence on a concentrated base of large retail customers.

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 19%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%
1 Low stock price volatility
Vol 12M is 26%
2 Megatrend and thematic drivers
Megatrends include E-commerce & DTC Adoption. Themes include Online Grocery Platforms, Direct-to-Consumer Brands (Staples), and Supply Chain Digitization.
3 Weak multi-year price returns
3Y Excs Rtn is -55%
4 Expensive valuation multiples
P/SPrice/Sales ratio is 4.3x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 23x
5 Significant short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 22.8
6 Key risks
TR key risks include [1] consumer resistance to its price increases adversely affecting sales volume and [2] a significant dependence on a concentrated base of large retail customers.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Tootsie Roll Industries (TR) stock has gained about 15% since 1/31/2026 because of the following key factors:

1. Positive Market Reaction to Q4 2025 Earnings.

Tootsie Roll Industries reported its fourth-quarter 2025 earnings on February 27, 2026, showing $0.39 earnings per share and $196.28 million in revenue. This financial update contributed to the stock's appreciation, with its price increasing from $37.88 at the end of January 2026 to $42.23 by the end of February 2026.

2. Q1 2026 Sales Growth and Stabilizing Factors.

For the first quarter of 2026, released on April 23, 2026, the company announced net sales of $149.49 million, marking a 2% increase compared to $146.52 million in the prior-year quarter. This growth in sales was attributed to strong demand support and trade activity. Additionally, higher investment income helped to buffer earnings, counteracting pressures from elevated cocoa and chocolate costs, and increased trade promotion spending.

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Stock Movement Drivers

Fundamental Drivers

The 15.8% change in TR stock from 1/31/2026 to 5/9/2026 was primarily driven by a 9.0% change in the company's P/E Multiple.
(LTM values as of)13120265092026Change
Stock Price ($)36.7042.5015.8%
Change Contribution By: 
Total Revenues ($ Mil)7307360.8%
Net Income Margin (%)12.9%13.5%5.4%
P/E Multiple29.432.09.0%
Shares Outstanding (Mil)75750.0%
Cumulative Contribution15.8%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/9/2026
ReturnCorrelation
TR15.8% 
Market (SPY)3.6%-4.7%
Sector (XLP)1.4%48.6%

Fundamental Drivers

The 24.6% change in TR stock from 10/31/2025 to 5/9/2026 was primarily driven by a 13.7% change in the company's P/E Multiple.
(LTM values as of)103120255092026Change
Stock Price ($)34.1142.5024.6%
Change Contribution By: 
Total Revenues ($ Mil)7237361.8%
Net Income Margin (%)12.6%13.5%7.7%
P/E Multiple28.132.013.7%
Shares Outstanding (Mil)75750.0%
Cumulative Contribution24.6%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/9/2026
ReturnCorrelation
TR24.6% 
Market (SPY)5.5%-1.3%
Sector (XLP)11.9%46.8%

Fundamental Drivers

The 38.1% change in TR stock from 4/30/2025 to 5/9/2026 was primarily driven by a 19.8% change in the company's P/E Multiple.
(LTM values as of)43020255092026Change
Stock Price ($)30.7842.5038.1%
Change Contribution By: 
Total Revenues ($ Mil)7237361.7%
Net Income Margin (%)12.0%13.5%12.8%
P/E Multiple26.732.019.8%
Shares Outstanding (Mil)75750.4%
Cumulative Contribution38.1%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/9/2026
ReturnCorrelation
TR38.1% 
Market (SPY)30.4%2.3%
Sector (XLP)5.7%40.5%

Fundamental Drivers

The 17.3% change in TR stock from 4/30/2023 to 5/9/2026 was primarily driven by a 22.6% change in the company's Net Income Margin (%).
(LTM values as of)43020235092026Change
Stock Price ($)36.2442.5017.3%
Change Contribution By: 
Total Revenues ($ Mil)6877367.1%
Net Income Margin (%)11.1%13.5%22.6%
P/E Multiple36.732.0-12.7%
Shares Outstanding (Mil)77752.3%
Cumulative Contribution17.3%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/9/2026
ReturnCorrelation
TR17.3% 
Market (SPY)78.7%10.4%
Sector (XLP)18.0%41.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
TR Return27%22%-19%1%18%20%81%
Peers Return23%-1%-2%-15%-18%2%-15%
S&P 500 Return27%-19%24%23%16%7%95%

Monthly Win Rates [3]
TR Win Rate50%50%42%42%58%80% 
Peers Win Rate52%42%50%43%40%56% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
TR Max Drawdown-0%-10%-29%-13%-6%-3% 
Peers Max Drawdown-13%-18%-19%-24%-32%-11% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 

[1] Cumulative total returns since the beginning of 2021
[2] Peers: HSY, MDLZ, UTZ, JJSF, RMCF. See TR Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/8/2026 (YTD)

How Low Can It Go

EventTRS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-13.5%-9.5%
  % Gain to Breakeven15.6%10.5%
  Time to Breakeven28 days24 days
2023 SVB Regional Banking Crisis
  % Loss-24.5%-6.7%
  % Gain to Breakeven32.5%7.1%
  Time to Breakeven779 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-10.4%-24.5%
  % Gain to Breakeven11.6%32.4%
  Time to Breakeven39 days427 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-20.7%-17.9%
  % Gain to Breakeven26.1%21.8%
  Time to Breakeven522 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-14.7%-15.4%
  % Gain to Breakeven17.3%18.2%
  Time to Breakeven160 days125 days
2008-2009 Global Financial Crisis
  % Loss-25.4%-53.4%
  % Gain to Breakeven34.1%114.4%
  Time to Breakeven259 days1085 days

Compare to HSY, MDLZ, UTZ, JJSF, RMCF

In The Past

Tootsie Roll Industries's stock fell -1.9% during the 2025 US Tariff Shock. Such a loss loss requires a 2.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventTRS&P 500
2023 SVB Regional Banking Crisis
  % Loss-24.5%-6.7%
  % Gain to Breakeven32.5%7.1%
  Time to Breakeven779 days31 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-20.7%-17.9%
  % Gain to Breakeven26.1%21.8%
  Time to Breakeven522 days123 days
2008-2009 Global Financial Crisis
  % Loss-25.4%-53.4%
  % Gain to Breakeven34.1%114.4%
  Time to Breakeven259 days1085 days

Compare to HSY, MDLZ, UTZ, JJSF, RMCF

In The Past

Tootsie Roll Industries's stock fell -1.9% during the 2025 US Tariff Shock. Such a loss loss requires a 2.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Tootsie Roll Industries (TR)

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 products directly to wholesale distributors of candy, food and groceries, supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandisers, warehouse and membership club stores, vending machine operators, e-commerce merchants, the United States military, and fund-raising charitable organizations, as well as through food and grocery brokers. Tootsie Roll Industries, Inc. was founded in 1896 and is based in Chicago, Illinois.

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  • The General Mills of classic American candy.
  • A Hershey's for lollipops and chewy confections.
  • Like a niche Mondelez International, focused purely on iconic American candies and sweets.

AI Analysis | Feedback

  • Tootsie Roll: A classic chewy candy.
  • Tootsie Pops: Lollipops with a chewy Tootsie Roll center.
  • Child's Play: An assortment of miniature Tootsie Roll candies.
  • Caramel Apple Pops: Lollipops flavored like caramel apples.
  • Charms: Hard candies, often fruit-flavored.
  • Blow-Pop: Lollipops with a bubble gum center.
  • Charms Mini Pops: Smaller versions of Charms lollipops.
  • Cella's: Chocolate-covered cherries.
  • Dots: Gumdrop-style candies.
  • Junior Mints: Small, round peppermint patties covered in dark chocolate.
  • Charleston Chew: A nougat bar covered in chocolate.
  • Sugar Daddy: A caramel lollipop.
  • Sugar Babies: Small, chewy caramel candies.
  • Andes: Thin mint chocolate candies.
  • Fluffy Stuff: Cotton candy.
  • Dubble Bubble: Classic bubble gum.
  • Razzles: Candies that turn into gum as you chew them.
  • Cry Baby: Sour candies.
  • NIK-L-NIP: Wax bottles filled with sweet flavored syrup.
  • Tutsi Pop: (Likely a regional or alternative spelling of Tootsie Pop) Lollipops with a chewy Tootsie Roll center.

AI Analysis | Feedback

Tootsie Roll Industries (symbol: TR) sells primarily to other companies and organizations, which then distribute or sell the confectionery products to end-consumers.

Based on the provided information, its major customers are categorized as:

  • Wholesale distributors of candy, food and groceries
  • Supermarkets
  • Variety stores
  • Dollar stores
  • Chain grocers
  • Drug chains
  • Discount chains
  • Cooperative grocery associations
  • Mass merchandisers
  • Warehouse and membership club stores
  • Vending machine operators
  • E-commerce merchants
  • The United States military
  • Fund-raising charitable organizations
  • Food and grocery brokers (who act as intermediaries)

The provided background description does not list the specific names of these customer companies or their corresponding public symbols.

AI Analysis | Feedback

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Ellen R. Gordon, Chairman of the Board and Chief Executive Officer

Ellen R. Gordon has served as a director of Tootsie Roll Industries, Inc. since 1969, served as President and Chief Operating Officer since 1978, and became Chairman and CEO in January 2015. She is also a Director and Vice-President of HDI Investment Corp. She has served on the boards of several nationally recognized graduate business and medical schools, and previously served on the board of a large public company where she chaired its audit committee.

G. Howard Ember Jr., Chief Financial Officer and Vice President of Finance, Principal Financial Officer and Principal Accounting Officer

G. Howard Ember Jr. serves as the Chief Financial Officer and Vice President of Finance, Principal Financial Officer and Principal Accounting Officer for Tootsie Roll Industries.

Thomas E. Corr, Vice President of Marketing & Sales

Thomas E. Corr serves as the Vice President of Marketing & Sales at Tootsie Roll Industries, Inc.

Stephen P. Green, Vice President of Manufacturing

Stephen P. Green serves as the Vice President of Manufacturing of Tootsie Roll Industries.

Barry P. Bowen, Treasurer and Assistant Secretary

Barry P. Bowen serves as the Treasurer and Assistant Secretary for Tootsie Roll Industries Inc.

AI Analysis | Feedback

The key risks to Tootsie Roll Industries (TR) include volatility in ingredient and raw material prices, significant customer concentration, and intense market competition coupled with changing consumer preferences.

  1. Input Cost Volatility and Inflation: Tootsie Roll Industries faces risks from fluctuating prices of principal ingredients such as edible oils, sugar, cocoa, and chocolate, as well as packaging materials, operating supplies, services, wages, and benefits. The company may not be able to offset these price increases, which could negatively impact its results of operations and financial condition.
  2. Customer Concentration Risk: The company's financial performance is significantly influenced by a few major customers. Specifically, Walmart, Dollar Tree (including Family Dollar), and McLane Company collectively account for a substantial portion of Tootsie Roll's net product sales. The loss of any of these key customers could have a material adverse effect on the business.
  3. Intense Market Competition and Changing Consumer Preferences: The domestic confectionery business is highly competitive, requiring Tootsie Roll Industries to continuously innovate and effectively market its products to maintain its competitive position. The company must contend with other established manufacturers that leverage strong brand recognition and extensive retail presence. Changing consumer preferences also pose a challenge, as the company needs to adapt its offerings to meet evolving demands.

AI Analysis | Feedback

The accelerating global consumer shift towards low-sugar, "better-for-you" snacks and alternative indulgences poses an emerging threat to traditional confectionery companies like Tootsie Roll Industries. This trend is driven by increasing health consciousness, public health campaigns against high sugar intake, and a growing market for innovative products that offer perceived healthier alternatives to satisfy cravings. As consumers increasingly opt for these newer categories of treats, the market for conventional sugary candies could face significant erosion, similar to how digital streaming services disrupted the physical media rental market.

AI Analysis | Feedback

Tootsie Roll Industries, Inc. operates within the global confectionery market, manufacturing and selling a diverse range of chocolate and non-chocolate candy products. The addressable markets for their main products span the United States, Canada, Mexico, and international regions.

Global Market

The global confectionery market was valued at approximately USD 314.22 billion in 2024 and is projected to reach USD 443.38 billion by 2033. Another estimate places the global confectionery market size at USD 204.1 billion in 2025, with a projection to reach USD 267.4 billion by 2034.

United States Market

In the United States, the confectionery market was valued at approximately USD 42.34 billion in 2024 and is poised to grow to USD 64.57 billion by 2033. More specifically:

  • Chocolate sales in the U.S. are expected to rise to USD 38 billion by 2029.
  • Non-chocolate candy sales in the U.S. are projected to reach USD 27 billion by 2029. The standalone U.S. non-chocolate candy market was valued at USD 35.24 billion in 2025 and is expected to increase to USD 46.38 billion by 2032.

Canada Market

The Canadian confectionery market recorded revenues of approximately USD 4.35 billion in 2024. Another source indicates the market size reached USD 3.96 billion in 2024 and is projected to reach USD 5.39 billion by 2033. The confectionery market in Canada was valued at CAD 5.2 billion (approximately USD 3.8 billion) in 2023, with an anticipated annual growth rate of 3.7%.

Mexico Market

The Mexican confectionery market generated revenues of approximately USD 6.34 billion in 2024. Another report states the Mexico confectionery market size was USD 3.95 billion in 2025, with a projection to reach USD 5.68 billion by 2035. The Mexico candy market was valued at USD 1.81 billion in 2025 and is projected to reach USD 2.66 billion by 2034.

AI Analysis | Feedback

Tootsie Roll Industries (TR) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:

  1. Strategic Price Increases: The company has been implementing strategic price increases to offset rising input costs, particularly for ingredients like cocoa, and aims to enhance gross profit margins. This strategy is anticipated to contribute to overall revenue growth, although consumer resistance to higher prices has been noted as a challenge.
  2. Effective Marketing and Sales Programs: Tootsie Roll Industries attributes recent sales growth to successful marketing and sales programs, including specific initiatives such as pre-Halloween campaigns. Continued investment in and execution of these programs are expected to drive higher sales volumes.
  3. Expansion of International Sales: A key growth strategy involves expanding international sales beyond their current contribution to revenue. The company aims to capitalize on the projected growth of the global confectionery market outside North America.
  4. Investments in Manufacturing Capacity and Operational Efficiency: Ongoing investments are being made to expand manufacturing capacity and improve operational efficiencies. These improvements are intended to meet demand, enhance product quality, and streamline production, thereby supporting higher sales volumes and overall revenue generation.
  5. Product Innovation and Diversification: Tootsie Roll Industries is focused on product innovation to align with evolving consumer preferences and is exploring new distribution channels and product diversification. While specific new product launches are not extensively detailed, this commitment to innovation can attract new customers and increase sales of existing and new offerings.

AI Analysis | Feedback

Share Repurchases

  • Tootsie Roll Industries repurchased and retired $13.5 million of its outstanding shares in 2024.
  • Share repurchases amounted to $33.11 million in 2023.
  • The company repurchased $31.91 million in shares in 2022.

Share Issuance

  • A 3% stock dividend was distributed in 2024, marking the 60th consecutive annual stock dividend.

Capital Expenditures

  • Capital expenditures were $18.4 million in 2024, $26.8 million in 2023, and $23.36 million in 2022.
  • The company is investing in plant expansions to meet higher demand for certain products, with plans to invest approximately $100 million over the next seven years.
  • These capital expenditures are focused on new machinery, equipment, and infrastructure improvements to increase operational efficiencies and product quality, as well as to meet evolving customer and consumer demands.

Better Bets vs. Tootsie Roll Industries (TR)

Latest Trefis Analyses

Trade Ideas

Select ideas related to TR.

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IPAR_4022026_Dip_Buyer_ValueBuy04022026IPARInterparfumsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		0.7%0.7%-0.3%
COKE_4022026_Quality_Momentum_RoomToRun_10%04022026COKECoca-Cola ConsolidatedQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run		5.5%5.5%-5.2%
MZTI_3272026_Dip_Buyer_FCFYield03272026MZTIMarzettiDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-5.0%-5.0%-8.6%
TAP_3272026_Dip_Buyer_FCFYield03272026TAPMolson Coors BeverageDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-1.5%-1.5%-2.3%
TR_4302023_Quality_Momentum_RoomToRun_10%04302023TRTootsie Roll IndustriesQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run		-25.5%-24.2%-28.0%
TR_4302020_Quality_Momentum_RoomToRun_10%04302020TRTootsie Roll IndustriesQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
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Peer Comparisons

Peers to compare with:

Financials

TRHSYMDLZUTZJJSFRMCFMedian
NameTootsie .Hershey Mondelez.Utz Bran.J&J Snac.Rocky Mo. 
Mkt Price42.50185.9461.557.5076.172.5452.02
Mkt Cap3.237.879.00.71.40.02.3
Rev LTM73611,99139,3041,4481,553301,501
Op Inc LTM1011,7233,79812100-3101
FCF LTM991,8522,5754290-294
FCF 3Y Avg1001,6673,205893-597
CFO LTM1392,3493,889120169-0154
CFO 3Y Avg1282,2824,49497175-3152

Growth & Margins

TRHSYMDLZUTZJJSFRMCFMedian
NameTootsie .Hershey Mondelez.Utz Bran.J&J Snac.Rocky Mo. 
Rev Chg LTM2.4%11.5%7.8%2.3%-2.0%6.1%4.2%
Rev Chg 3Y Avg1.4%4.0%6.2%0.7%1.9%2.3%2.1%
Rev Chg Q2.1%10.6%8.2%2.6%-3.2%-4.4%2.3%
QoQ Delta Rev Chg LTM0.4%2.6%2.0%0.6%-0.7%-1.2%0.5%
Op Inc Chg LTM-10.1%-23.6%-16.9%-78.1%-1.9%32.8%-13.5%
Op Inc Chg 3Y Avg-0.1%-7.7%5.7%3.5%24.0%-21.0%1.7%
Op Mgn LTM13.7%14.4%9.7%0.8%6.5%-10.9%8.1%
Op Mgn 3Y Avg14.2%20.0%13.7%2.4%6.8%-15.5%10.3%
QoQ Delta Op Mgn LTM-0.0%1.9%0.3%0.1%0.1%2.5%0.2%
CFO/Rev LTM18.8%19.6%9.9%8.3%10.9%-0.6%10.4%
CFO/Rev 3Y Avg17.3%20.1%12.1%6.8%11.2%-10.6%11.6%
FCF/Rev LTM13.4%15.4%6.6%2.9%5.8%-7.0%6.2%
FCF/Rev 3Y Avg13.6%14.7%8.6%0.6%5.9%-19.0%7.3%

Valuation

TRHSYMDLZUTZJJSFRMCFMedian
NameTootsie .Hershey Mondelez.Utz Bran.J&J Snac.Rocky Mo. 
Mkt Cap3.237.879.00.71.40.02.3
P/S4.33.22.00.50.90.71.5
P/Op Inc31.621.920.856.214.4-6.121.4
P/EBIT23.122.120.520.018.5-6.220.2
P/E32.034.530.3-78.924.8-4.927.5
P/CFO23.016.120.35.58.5-107.712.3
Total Yield4.0%5.8%6.5%2.2%4.0%-20.4%4.0%
Dividend Yield0.8%2.9%3.2%3.5%0.0%0.0%1.9%
FCF Yield 3Y Avg3.8%4.3%3.7%1.4%4.3%-46.1%3.8%
D/E0.00.20.31.60.10.50.2
Net D/E-0.00.10.31.50.10.40.2

Returns

TRHSYMDLZUTZJJSFRMCFMedian
NameTootsie .Hershey Mondelez.Utz Bran.J&J Snac.Rocky Mo. 
1M Rtn-5.2%-11.8%4.2%0.6%-6.9%10.0%-2.3%
3M Rtn11.6%-19.2%3.4%-31.1%-6.8%4.5%-1.7%
6M Rtn16.7%10.5%9.6%-23.2%-5.2%56.8%10.1%
12M Rtn34.5%12.1%-4.2%-38.4%-32.3%101.6%4.0%
3Y Rtn20.6%-26.7%-14.1%-56.6%-49.3%-52.0%-38.0%
1M Excs Rtn-13.6%-20.2%-4.3%-7.8%-15.3%1.5%-10.7%
3M Excs Rtn4.9%-25.9%-3.3%-37.9%-13.5%-2.2%-8.4%
6M Excs Rtn9.3%2.2%3.0%-36.2%-17.9%41.4%2.6%
12M Excs Rtn2.4%-17.8%-36.7%-68.0%-62.2%71.8%-27.2%
3Y Excs Rtn-54.7%-107.6%-94.0%-138.3%-128.6%-134.2%-118.1%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment723769   
Net product sales  681566467
Rental and royalty revenue  654
Total723769687571471


Price Behavior

Price Behavior
Market Price$42.50 
Market Cap ($ Bil)3.2 
First Trading Date12/30/1987 
Distance from 52W High-5.2% 
   50 Days200 Days
DMA Price$42.28$39.02
DMA Trendupup
Distance from DMA0.5%8.9%
 3M1YR
Volatility23.4%25.6%
Downside Capture-0.15-0.02
Upside Capture26.8332.29
Correlation (SPY)-3.4%0.5%
TR Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta0.130.12-0.060.010.050.16
Up Beta0.280.140.04-0.13-0.140.14
Down Beta-4.75-0.73-0.60-0.27-0.190.05
Up Capture-7%31%31%34%28%7%
Bmk +ve Days15223166141428
Stock +ve Days9213564142393
Down Capture127%32%-35%-8%4%46%
Bmk -ve Days4183056108321
Stock -ve Days13222859108353

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with TR
TR34.0%25.6%1.10-
Sector ETF (XLP)6.2%12.6%0.2041.2%
Equity (SPY)29.0%12.5%1.830.5%
Gold (GLD)39.8%27.0%1.224.1%
Commodities (DBC)50.6%18.0%2.21-8.7%
Real Estate (VNQ)13.0%13.5%0.6626.9%
Bitcoin (BTCUSD)-17.4%42.1%-0.34-2.5%

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Based On 5-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with TR
TR10.4%24.8%0.38-
Sector ETF (XLP)6.5%13.2%0.2746.4%
Equity (SPY)12.8%17.1%0.5921.5%
Gold (GLD)20.9%17.9%0.954.0%
Commodities (DBC)13.8%19.1%0.591.9%
Real Estate (VNQ)3.4%18.8%0.0832.6%
Bitcoin (BTCUSD)7.0%56.0%0.347.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with TR
TR4.7%25.2%0.20-
Sector ETF (XLP)7.7%14.7%0.3942.2%
Equity (SPY)15.1%17.9%0.7222.8%
Gold (GLD)13.4%15.9%0.692.7%
Commodities (DBC)9.3%17.8%0.444.3%
Real Estate (VNQ)5.8%20.7%0.2429.2%
Bitcoin (BTCUSD)67.8%66.9%1.073.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity2.4 Mil
Short Interest: % Change Since 33120260.8%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest22.8 days
Basic Shares Quantity75.1 Mil
Short % of Basic Shares3.1%

Returns Analyses

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/23/20261.8%1.0% 
2/12/20262.9%3.2%9.4%
10/23/2025-6.8%-16.0%-7.7%
7/24/20251.8%-0.9%0.3%
4/24/2025-2.1%-1.6%3.4%
2/13/2025-0.9%3.9%4.9%
10/24/20240.8%-0.1%10.7%
7/25/20243.2%4.3%-3.4%
...
SUMMARY STATS   
# Positive121312
# Negative1099
Median Positive1.8%3.2%5.4%
Median Negative-1.2%-3.0%-3.6%
Max Positive3.3%5.9%17.1%
Max Negative-6.8%-16.0%-12.8%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/08/202610-Q
12/31/202502/27/202610-K
09/30/202511/07/202510-Q
06/30/202508/08/202510-Q
03/31/202505/09/202510-Q
12/31/202402/28/202510-K
09/30/202411/08/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202302/29/202410-K
09/30/202311/08/202310-Q
06/30/202308/08/202310-Q
03/31/202305/10/202310-Q
12/31/202203/01/202310-K
09/30/202211/08/202210-Q
06/30/202208/05/202210-Q

Industry Resources

Packaged Foods & Meats Resources
USDA Data

External Quote Links


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