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Side-by-side financial comparison of TOOTSIE ROLL INDUSTRIES INC (TR) and UL Solutions Inc. (ULS). Click either name above to swap in a different company.
UL Solutions Inc. is the larger business by last-quarter revenue ($340.0M vs $196.3M, roughly 1.7× TOOTSIE ROLL INDUSTRIES INC). On growth, TOOTSIE ROLL INDUSTRIES INC posted the faster year-over-year revenue change (1.5% vs -12.4%). Over the past eight quarters, TOOTSIE ROLL INDUSTRIES INC's revenue compounded faster (13.2% CAGR vs -31.8%).
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.
The UL enterprise is a global private safety company headquartered in Northbrook, Illinois, composed of three organizations, UL Research Institutes, UL Standards & Engagement and UL Solutions.
TR vs ULS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $196.3M | $340.0M |
| Net Profit | $28.8M | — |
| Gross Margin | 35.7% | — |
| Operating Margin | 17.0% | 24.4% |
| Net Margin | 14.7% | — |
| Revenue YoY | 1.5% | -12.4% |
| Net Profit YoY | 27.9% | — |
| EPS (diluted) | — | — |
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.
| Q1 26 | — | $340.0M | ||
| Q4 25 | $196.3M | $789.0M | ||
| Q3 25 | $232.7M | $783.0M | ||
| Q2 25 | $155.1M | $776.0M | ||
| Q1 25 | $148.5M | $705.0M | ||
| Q4 24 | $193.4M | $739.0M | ||
| Q3 24 | $225.9M | $731.0M | ||
| Q2 24 | $150.7M | $730.0M |
| Q1 26 | — | — | ||
| Q4 25 | $28.8M | $67.0M | ||
| Q3 25 | $35.7M | $100.0M | ||
| Q2 25 | $17.5M | $91.0M | ||
| Q1 25 | $18.1M | $67.0M | ||
| Q4 24 | $22.5M | $81.0M | ||
| Q3 24 | $32.8M | $88.0M | ||
| Q2 24 | $15.6M | $101.0M |
| Q1 26 | — | — | ||
| Q4 25 | 35.7% | 49.7% | ||
| Q3 25 | 34.1% | 50.3% | ||
| Q2 25 | 36.4% | 49.4% | ||
| Q1 25 | 35.3% | 48.4% | ||
| Q4 24 | 39.1% | 47.4% | ||
| Q3 24 | 34.1% | 49.0% | ||
| Q2 24 | 33.5% | 50.1% |
| Q1 26 | — | 24.4% | ||
| Q4 25 | 17.0% | 15.0% | ||
| Q3 25 | 13.9% | 19.9% | ||
| Q2 25 | 7.8% | 17.9% | ||
| Q1 25 | 15.5% | 15.5% | ||
| Q4 24 | 20.0% | 15.6% | ||
| Q3 24 | 15.6% | 17.8% | ||
| Q2 24 | 10.2% | 17.3% |
| Q1 26 | — | — | ||
| Q4 25 | 14.7% | 8.5% | ||
| Q3 25 | 15.3% | 12.8% | ||
| Q2 25 | 11.3% | 11.7% | ||
| Q1 25 | 12.2% | 9.5% | ||
| Q4 24 | 11.6% | 11.0% | ||
| Q3 24 | 14.5% | 12.0% | ||
| Q2 24 | 10.4% | 13.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | $0.33 | ||
| Q3 25 | — | $0.49 | ||
| Q2 25 | — | $0.45 | ||
| Q1 25 | — | $0.33 | ||
| Q4 24 | — | $0.40 | ||
| Q3 24 | — | $0.44 | ||
| Q2 24 | — | $0.50 |
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 | — | — |
| Stockholders' EquityBook value | $941.0M | — |
| Total Assets | $1.3B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $176.6M | $295.0M | ||
| Q3 25 | $119.8M | $255.0M | ||
| Q2 25 | $170.5M | $272.0M | ||
| Q1 25 | $176.6M | $267.0M | ||
| Q4 24 | $194.6M | $298.0M | ||
| Q3 24 | $163.2M | $327.0M | ||
| Q2 24 | $131.2M | $295.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $491.0M | ||
| Q3 25 | — | $544.0M | ||
| Q2 25 | — | $608.0M | ||
| Q1 25 | — | $653.0M | ||
| Q4 24 | — | $742.0M | ||
| Q3 24 | — | $797.0M | ||
| Q2 24 | — | $810.0M |
| Q1 26 | — | — | ||
| Q4 25 | $941.0M | $1.3B | ||
| Q3 25 | $918.9M | $1.2B | ||
| Q2 25 | $893.1M | $1.1B | ||
| Q1 25 | $879.4M | $970.0M | ||
| Q4 24 | $870.7M | $904.0M | ||
| Q3 24 | $870.2M | $872.0M | ||
| Q2 24 | $841.4M | $769.0M |
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $2.9B | ||
| Q3 25 | $1.2B | $2.9B | ||
| Q2 25 | $1.2B | $2.9B | ||
| Q1 25 | $1.1B | $2.9B | ||
| Q4 24 | $1.1B | $2.8B | ||
| Q3 24 | $1.1B | $2.9B | ||
| Q2 24 | $1.1B | $2.7B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.39× | ||
| Q3 25 | — | 0.46× | ||
| Q2 25 | — | 0.56× | ||
| Q1 25 | — | 0.67× | ||
| Q4 24 | — | 0.82× | ||
| Q3 24 | — | 0.91× | ||
| Q2 24 | — | 1.05× |
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 | $73.3M | — |
| Free Cash FlowOCF − Capex | $61.0M | — |
| FCF MarginFCF / Revenue | 31.1% | — |
| Capex IntensityCapex / Revenue | 6.3% | — |
| Cash ConversionOCF / Net Profit | 2.55× | — |
| TTM Free Cash FlowTrailing 4 quarters | $96.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $73.3M | $144.0M | ||
| Q3 25 | $62.2M | $155.0M | ||
| Q2 25 | $-8.5M | $147.0M | ||
| Q1 25 | $3.6M | $154.0M | ||
| Q4 24 | $68.8M | $130.0M | ||
| Q3 24 | $61.3M | $150.0M | ||
| Q2 24 | $-12.6M | $103.0M |
| Q1 26 | — | — | ||
| Q4 25 | $61.0M | $86.0M | ||
| Q3 25 | $50.7M | $109.0M | ||
| Q2 25 | $-16.0M | $105.0M | ||
| Q1 25 | $750.0K | $103.0M | ||
| Q4 24 | $64.7M | $72.0M | ||
| Q3 24 | $55.8M | $84.0M | ||
| Q2 24 | $-16.6M | $47.0M |
| Q1 26 | — | — | ||
| Q4 25 | 31.1% | 10.9% | ||
| Q3 25 | 21.8% | 13.9% | ||
| Q2 25 | -10.3% | 13.5% | ||
| Q1 25 | 0.5% | 14.6% | ||
| Q4 24 | 33.5% | 9.7% | ||
| Q3 24 | 24.7% | 11.5% | ||
| Q2 24 | -11.0% | 6.4% |
| Q1 26 | — | — | ||
| Q4 25 | 6.3% | 7.4% | ||
| Q3 25 | 5.0% | 5.9% | ||
| Q2 25 | 4.8% | 5.4% | ||
| Q1 25 | 1.9% | 7.2% | ||
| Q4 24 | 2.1% | 7.8% | ||
| Q3 24 | 2.4% | 9.0% | ||
| Q2 24 | 2.6% | 7.7% |
| Q1 26 | — | — | ||
| Q4 25 | 2.55× | 2.15× | ||
| Q3 25 | 1.74× | 1.55× | ||
| Q2 25 | -0.49× | 1.62× | ||
| Q1 25 | 0.20× | 2.30× | ||
| Q4 24 | 3.06× | 1.60× | ||
| Q3 24 | 1.87× | 1.70× | ||
| Q2 24 | -0.81× | 1.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TR
| Products | $194.3M | 99% |
| Rental And Royalty | $1.9M | 1% |
ULS
Segment breakdown not available.
