PM vs. TR
PM (Philip Morris International Inc.) and TR (Tootsie Roll Industries, Inc.) are both stocks. Both are in the Consumer Defensive sector — PM in Tobacco, TR in Confectioners. Over the past 10 years, PM returned 11.06%/yr vs 3.28%/yr for TR. At a 0.32 correlation, their price movements are largely independent.
Performance
PM vs. TR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PM achieves a 10.67% return, which is significantly higher than TR's 6.12% return. Over the past 10 years, PM has outperformed TR with an annualized return of 11.06%, while TR has yielded a comparatively lower 3.28% annualized return.
PM
- 1D
- 1.31%
- 1M
- 3.99%
- YTD
- 10.67%
- 6M
- 18.07%
- 1Y
- -0.11%
- 3Y*
- 29.88%
- 5Y*
- 17.91%
- 10Y*
- 11.06%
TR
- 1D
- 0.64%
- 1M
- -9.93%
- YTD
- 6.12%
- 6M
- 3.74%
- 1Y
- 10.19%
- 3Y*
- 3.39%
- 5Y*
- 6.70%
- 10Y*
- 3.28%
PM vs. TR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PM Philip Morris International Inc. | 10.67% | 37.99% | 34.34% | -1.85% | 12.31% | 20.78% | 3.69% | 35.02% | -33.30% | 19.85% |
TR Tootsie Roll Industries, Inc. | 6.12% | 17.87% | 1.36% | -18.76% | 22.25% | 27.01% | -12.02% | 3.23% | -7.18% | -4.77% |
Correlation
The correlation between PM and TR is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2008 | 0.32 |
The correlation between PM and TR shifts across timeframes, from 0.22 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.
Fundamentals
PM:
$274.96B
TR:
$2.83B
PM:
$7.12
TR:
$1.36
PM:
24.72
TR:
27.75
PM:
2.69
TR:
2.34
PM:
6.61
TR:
3.76
PM:
$41.49B
TR:
$735.61M
PM:
$27.93B
TR:
$257.59M
PM:
$17.74B
TR:
$138.31M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PM vs. TR — Risk / Return Rank
PM
TR
PM vs. TR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Philip Morris International Inc. (PM) and Tootsie Roll Industries, Inc. (TR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PM | TR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.09 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 0.51 | -0.52 |
| Martin ratioReturn relative to average drawdown | -0.01 | 1.18 | -1.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PM | TR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.00 | 0.39 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.27 | +0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.13 | +0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.31 | +0.22 |
Drawdowns
PM vs. TR - Drawdown Comparison
The maximum PM drawdown since its inception was -42.87%, roughly equal to the maximum TR drawdown of -44.74%. Use the drawdown chart below to compare losses from any high point for PM and TR.
Loading charts...
Drawdown Indicators
| PM | TR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.87% | -44.74% | +1.87% |
Max Drawdown (1Y)Largest decline over 1 year | -20.64% | -20.03% | -0.61% |
Max Drawdown (3Y)Largest decline over 3 years | -20.64% | -25.32% | +4.68% |
Max Drawdown (5Y)Largest decline over 5 years | -22.78% | -36.41% | +13.63% |
Max Drawdown (10Y)Largest decline over 10 years | -42.87% | -36.41% | -6.46% |
Current DrawdownCurrent decline from peak | -8.30% | -15.96% | +7.66% |
Average DrawdownAverage peak-to-trough decline | -10.03% | -16.76% | +6.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.75% | 8.65% | +2.10% |
Volatility
PM vs. TR - Volatility Comparison
Philip Morris International Inc. (PM) and Tootsie Roll Industries, Inc. (TR) have volatilities of 9.48% and 9.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PM | TR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.48% | 9.28% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 20.96% | 16.34% | +4.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.55% | 26.33% | +1.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.69% | 24.97% | -2.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.43% | 25.28% | -0.85% |
Dividends
PM vs. TR - Dividend Comparison
PM's dividend yield for the trailing twelve months is around 3.27%, more than TR's 0.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PM Philip Morris International Inc. | 3.27% | 3.52% | 4.40% | 5.46% | 4.98% | 5.16% | 5.73% | 5.43% | 6.73% | 3.99% | 4.50% | 4.60% |
TR Tootsie Roll Industries, Inc. | 0.94% | 0.98% | 1.11% | 1.08% | 0.85% | 0.99% | 1.21% | 1.05% | 1.08% | 0.99% | 0.91% | 1.11% |
Financials
PM vs. TR - Financials Comparison
This section allows you to compare key financial metrics between Philip Morris International Inc. and Tootsie Roll Industries, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PM vs. TR - Profitability Comparison
PM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported a gross profit of 6.91B and revenue of 10.15B. Therefore, the gross margin over that period was 68.1%.
TR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tootsie Roll Industries, Inc. reported a gross profit of 49.77M and revenue of 151.54M. Therefore, the gross margin over that period was 32.8%.
PM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported an operating income of 3.89B and revenue of 10.15B, resulting in an operating margin of 38.4%.
TR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tootsie Roll Industries, Inc. reported an operating income of 23.21M and revenue of 151.54M, resulting in an operating margin of 15.3%.
PM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported a net income of 2.44B and revenue of 10.15B, resulting in a net margin of 24.0%.
TR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tootsie Roll Industries, Inc. reported a net income of 17.66M and revenue of 151.54M, resulting in a net margin of 11.7%.
Frequently Asked Questions
PM and TR have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PM has higher volatility (9.48%) compared to TR (9.28%). In terms of maximum drawdown, PM dropped -42.87% vs TR's -44.74%.
TR currently has the higher Sharpe Ratio (0.39 vs -0.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PM and TR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer