TSNNYSEPoultry Slaughtering and ProcessingFiscal year ends October 3
TYSON FOODS, INC.
Financials through Q3 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Aug 3, 2026
$54.00−0.90 (-1.64%)
Close on Oct 19, 2026
- Market cap
- $19.17B
- P/E (TTM)
- 33.3
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
6.5%−5.9 pts over 5 years
Operating margin
2.0%−4.9 pts over 5 years
Net margin
0.9%−3.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +2.1% | +0.7% | +4.7% | +2.8% | |
| Gross profit | -1.8% | -18.9% | -7.9% | -0.9% | |
| Operating income | -22.1% | -37.1% | -18.3% | -6.6% | |
| Net income | -40.8% | -47.3% | -25.5% | -9.0% | |
| EPS, diluted | -40.9% | -47.0% | -25.1% | -7.7% | |
| Free cash flow | -19.3% | +13.7% | -15.1% | -3.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 18.3% | 14.1% | 2.6% | |
| Return on assets | 7.8% | 6.1% | 1.3% | |
| Current ratio | 1.77 | 1.79 | 1.55 | |
| Debt to equity | 0.65 | 0.74 | 0.49 | |
| Net debt to EBITDA | 1.68× | 2.36× | 3.10× | |
| Interest coverage | – | – | 2.4× | |
| Inventory turnover | 11.5× | 9.7× | 9.4× | |
| Capex to revenue | 1.9% | 2.8% | 1.8% | |
| Diluted shares | 390M | 365M | 357M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Tyson Foods generated $13.02B from operations and spent $10.49B on capital expenditure, dividends and share buybacks. 68% of that went back into the business.
Generated
$13.02B
Used
$10.49B
Capital expenditure$7.15B68%Dividends$3.34B32%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.9%
×Asset turnover1.48×
×Equity multiplier2.02×
=Return on equity, FY20252.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.9% | 1.48× | 2.02× | 2.6% |
| FY2024 | 1.5% | 1.45× | 2.01× | 4.4% |
| FY2023 | -1.2% | 1.45× | 1.93× | -3.4% |
| FY2022 | 6.1% | 1.46× | 1.95× | 17.3% |
| FY2021 | 6.5% | 1.33× | 2.15× | 18.5% |
| FY2020 | 4.8% | 1.28× | 2.31× | 14.1% |
| FY2019 | 4.7% | 1.37× | 2.31× | 14.8% |
| FY2018 | 7.4% | 1.40× | 2.44× | 25.4% |
| FY2017 | 4.6% | 1.52× | 2.50× | 17.6% |
| FY2016 | 4.8% | 1.63× | 2.35× | 18.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$474.00M
- Cash generatingOperating cash flow above zero$2.16B
- Return on assets improvedROA up on the prior year2.2% → 1.3%
- Earnings backed by cashOperating cash flow above net income$2.16B vs $474.00M
- Less leverageLong-term debt to assets fell26.2% → 21.6%
- Better liquidityCurrent ratio rose2.04 → 1.55
- No dilutionShare count did not rise356M → 357M
- Gross margin improvedGross margin up on the prior year6.80% → 6.54%
- More efficientAsset turnover rose1.47 → 1.47