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Side-by-side financial comparison of Fat Brands, Inc (FAT) and TOOTSIE ROLL INDUSTRIES INC (TR). Click either name above to swap in a different company.
TOOTSIE ROLL INDUSTRIES INC is the larger business by last-quarter revenue ($196.3M vs $140.0M, roughly 1.4× Fat Brands, Inc). TOOTSIE ROLL INDUSTRIES INC runs the higher net margin — 14.7% vs -41.6%, a 56.3% gap on every dollar of revenue. On growth, TOOTSIE ROLL INDUSTRIES INC posted the faster year-over-year revenue change (1.5% vs -2.3%). TOOTSIE ROLL INDUSTRIES INC produced more free cash flow last quarter ($61.0M vs $-16.9M). Over the past eight quarters, TOOTSIE ROLL INDUSTRIES INC's revenue compounded faster (13.2% CAGR vs -6.1%).
FAT Brands Inc. is an American multi-brand restaurant and sports bar franchise operator headquartered in Beverly Hills, California.
Tootsie Roll Industries is an American manufacturer of confectionery based in Chicago, Illinois. Its best-known products include the namesake Tootsie Rolls and Tootsie Pops. Tootsie Roll Industries currently markets its brands internationally in Canada, Mexico, and over 75 other countries.
FAT vs TR — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $140.0M | $196.3M |
| Net Profit | $-58.2M | $28.8M |
| Gross Margin | — | 35.7% |
| Operating Margin | -12.4% | 17.0% |
| Net Margin | -41.6% | 14.7% |
| Revenue YoY | -2.3% | 1.5% |
| Net Profit YoY | -30.1% | 27.9% |
| EPS (diluted) | $-3.39 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $196.3M | ||
| Q3 25 | $140.0M | $232.7M | ||
| Q2 25 | $146.8M | $155.1M | ||
| Q1 25 | $142.0M | $148.5M | ||
| Q4 24 | $145.3M | $193.4M | ||
| Q3 24 | $143.4M | $225.9M | ||
| Q2 24 | $152.0M | $150.7M | ||
| Q1 24 | $152.0M | $153.2M |
| Q4 25 | — | $28.8M | ||
| Q3 25 | $-58.2M | $35.7M | ||
| Q2 25 | $-54.2M | $17.5M | ||
| Q1 25 | $-46.0M | $18.1M | ||
| Q4 24 | $-67.4M | $22.5M | ||
| Q3 24 | $-44.8M | $32.8M | ||
| Q2 24 | $-39.4M | $15.6M | ||
| Q1 24 | $-38.3M | $15.8M |
| Q4 25 | — | 35.7% | ||
| Q3 25 | — | 34.1% | ||
| Q2 25 | — | 36.4% | ||
| Q1 25 | — | 35.3% | ||
| Q4 24 | — | 39.1% | ||
| Q3 24 | — | 34.1% | ||
| Q2 24 | — | 33.5% | ||
| Q1 24 | — | 32.7% |
| Q4 25 | — | 17.0% | ||
| Q3 25 | -12.4% | 13.9% | ||
| Q2 25 | -10.6% | 7.8% | ||
| Q1 25 | -6.0% | 15.5% | ||
| Q4 24 | -27.1% | 20.0% | ||
| Q3 24 | -6.2% | 15.6% | ||
| Q2 24 | -1.8% | 10.2% | ||
| Q1 24 | -0.9% | 7.3% |
| Q4 25 | — | 14.7% | ||
| Q3 25 | -41.6% | 15.3% | ||
| Q2 25 | -36.9% | 11.3% | ||
| Q1 25 | -32.4% | 12.2% | ||
| Q4 24 | -46.4% | 11.6% | ||
| Q3 24 | -31.2% | 14.5% | ||
| Q2 24 | -25.9% | 10.4% | ||
| Q1 24 | -25.2% | 10.3% |
| Q4 25 | — | — | ||
| Q3 25 | $-3.39 | — | ||
| Q2 25 | $-3.17 | — | ||
| Q1 25 | $-2.73 | — | ||
| Q4 24 | $-4.06 | — | ||
| Q3 24 | $-2.74 | — | ||
| Q2 24 | $-2.43 | — | ||
| Q1 24 | $-2.37 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $176.6M |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $-585.8M | $941.0M |
| Total Assets | $1.2B | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $176.6M | ||
| Q3 25 | — | $119.8M | ||
| Q2 25 | — | $170.5M | ||
| Q1 25 | — | $176.6M | ||
| Q4 24 | — | $194.6M | ||
| Q3 24 | — | $163.2M | ||
| Q2 24 | — | $131.2M | ||
| Q1 24 | — | $159.4M |
| Q4 25 | — | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
| Q4 25 | — | $941.0M | ||
| Q3 25 | $-585.8M | $918.9M | ||
| Q2 25 | $-536.5M | $893.1M | ||
| Q1 25 | $-493.9M | $879.4M | ||
| Q4 24 | $-455.7M | $870.7M | ||
| Q3 24 | $-386.1M | $870.2M | ||
| Q2 24 | $-338.6M | $841.4M | ||
| Q1 24 | $-296.8M | $834.4M |
| Q4 25 | — | $1.3B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.3B | $1.1B | ||
| Q4 24 | $1.3B | $1.1B | ||
| Q3 24 | $1.3B | $1.1B | ||
| Q2 24 | $1.4B | $1.1B | ||
| Q1 24 | $1.4B | $1.1B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-14.5M | $73.3M |
| Free Cash FlowOCF − Capex | $-16.9M | $61.0M |
| FCF MarginFCF / Revenue | -12.1% | 31.1% |
| Capex IntensityCapex / Revenue | 1.7% | 6.3% |
| Cash ConversionOCF / Net Profit | — | 2.55× |
| TTM Free Cash FlowTrailing 4 quarters | $-75.0M | $96.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $73.3M | ||
| Q3 25 | $-14.5M | $62.2M | ||
| Q2 25 | $-26.9M | $-8.5M | ||
| Q1 25 | $-13.2M | $3.6M | ||
| Q4 24 | $-10.4M | $68.8M | ||
| Q3 24 | $-3.2M | $61.3M | ||
| Q2 24 | $-14.2M | $-12.6M | ||
| Q1 24 | $-28.4M | $21.4M |
| Q4 25 | — | $61.0M | ||
| Q3 25 | $-16.9M | $50.7M | ||
| Q2 25 | $-29.3M | $-16.0M | ||
| Q1 25 | $-17.8M | $750.0K | ||
| Q4 24 | $-11.0M | $64.7M | ||
| Q3 24 | $-11.1M | $55.8M | ||
| Q2 24 | $-24.4M | $-16.6M | ||
| Q1 24 | $-32.5M | $16.9M |
| Q4 25 | — | 31.1% | ||
| Q3 25 | -12.1% | 21.8% | ||
| Q2 25 | -20.0% | -10.3% | ||
| Q1 25 | -12.5% | 0.5% | ||
| Q4 24 | -7.6% | 33.5% | ||
| Q3 24 | -7.7% | 24.7% | ||
| Q2 24 | -16.1% | -11.0% | ||
| Q1 24 | -21.4% | 11.0% |
| Q4 25 | — | 6.3% | ||
| Q3 25 | 1.7% | 5.0% | ||
| Q2 25 | 1.6% | 4.8% | ||
| Q1 25 | 3.2% | 1.9% | ||
| Q4 24 | 0.4% | 2.1% | ||
| Q3 24 | 5.5% | 2.4% | ||
| Q2 24 | 6.7% | 2.6% | ||
| Q1 24 | 2.7% | 2.9% |
| Q4 25 | — | 2.55× | ||
| Q3 25 | — | 1.74× | ||
| Q2 25 | — | -0.49× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | — | 3.06× | ||
| Q3 24 | — | 1.87× | ||
| Q2 24 | — | -0.81× | ||
| Q1 24 | — | 1.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FAT
| Restaurant Sales | $96.6M | 69% |
| Royalty | $21.6M | 15% |
| Factory | $9.6M | 7% |
| Advertising | $9.1M | 7% |
| Franchisor | $1.5M | 1% |
| Other | $1.5M | 1% |
TR
| Products | $194.3M | 99% |
| Rental And Royalty | $1.9M | 1% |
