Tyson Foods (TSN) Financials

$56.76 +0.71 (+1.27%)

As of 05/20/2025 03:59 PM Eastern

Annual Income Statements for Tyson Foods

This table shows Tyson Foods' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	9/28/2024	9/30/2023	10/1/2022	10/2/2021	10/3/2020	9/28/2019	9/29/2018	9/30/2017	10/1/2016	10/3/2015
Net Income / (Loss) Attributable to Common Shareholders	800	-648	3,238	3,047	2,061	1,980	2,970	1,774	1,768	1,220
Consolidated Net Income / (Loss)	822	-649	3,249	3,060	2,071	1,993	2,973	1,778	1,772	1,224
Net Income / (Loss) Continuing Operations	822	-649	3,249	3,060	2,071	1,993	2,973	1,778	1,772	1,224
Total Pre-Tax Income	1,092	-678	4,149	4,041	2,664	2,374	2,682	2,628	2,598	1,921
Total Operating Income	1,409	-395	4,410	4,396	3,008	2,770	2,969	2,921	2,833	2,169
Total Gross Profit	3,627	2,631	6,668	6,526	5,384	5,022	5,096	5,062	4,697	3,917
Total Revenue	53,309	52,881	53,282	47,049	43,185	42,405	40,052	38,260	36,881	41,373
Operating Revenue	53,309	52,881	53,282	47,049	43,185	42,405	40,052	38,260	36,881	41,373
Total Cost of Revenue	49,682	50,250	46,614	40,523	37,801	37,383	34,956	33,198	32,184	37,456
Operating Cost of Revenue	49,682	50,250	46,614	40,523	37,801	37,383	34,956	33,198	32,184	37,456
Total Operating Expenses	2,218	3,026	2,258	2,130	2,376	2,252	2,127	2,141	1,864	1,748
Selling, General & Admin Expense	2,218	2,245	2,258	2,130	2,376	2,252	2,127	2,141	1,864	1,748
Impairment Charge	0.00	781	0.00	0.00	-	-	-	-	-	-
Total Other Income / (Expense), net	-317	-283	-261	-355	-344	-396	-287	-293	-235	-248
Interest Expense	481	355	365	428	485	462	350	279	249	293
Interest & Investment Income	89	30	17	8.00	10	11	7.00	7.00	6.00	9.00
Other Income / (Expense), net	75	42	87	65	131	55	56	-21	8.00	36
Income Tax Expense	270	-29	900	981	593	381	-291	850	826	697
Net Income / (Loss) Attributable to Noncontrolling Interest	22	-1.00	11	13	10	13	3.00	4.00	4.00	4.00
Weighted Average Basic Shares Outstanding	0.00	0.00	0.00	0.00	363M	363M	365M	398.70M	385M	405M
Diluted Earnings per Share	$2.25	($1.87)	$8.92	$8.34	$5.64	$5.40	$8.04	$4.79	$4.53	$2.95
Weighted Average Diluted Shares Outstanding	356M	284M	363M	365M	365M	366M	369M	370M	390M	413M
Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	364.78M	364.14M	365.19M	398.40M	398.70M	417M	437.30M

This table shows Tyson Foods' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	10/1/2022
Net Income / (Loss) Attributable to Common Shareholders	7.00	359	357	191	145	107	-450	-417	-97	316	538
Consolidated Net Income / (Loss)	14	366	364	196	148	114	-443	-435	-91	320	537
Net Income / (Loss) Continuing Operations	14	366	364	196	148	114	-443	-435	-91	320	537
Total Pre-Tax Income	30	478	475	253	203	161	-556	-426	-130	434	666
Total Operating Income	100	580	525	341	312	231	-463	-350	-49	467	766
Total Gross Profit	600	1,095	1,060	878	866	823	459	677	527	968	1,307
Total Revenue	13,074	13,623	13,565	13,353	13,072	13,319	13,348	13,140	13,133	13,260	13,737
Operating Revenue	13,074	13,623	13,565	13,353	13,072	13,319	13,348	13,140	13,133	13,260	13,737
Total Cost of Revenue	12,474	12,528	12,505	12,475	12,206	12,496	12,889	12,463	12,606	12,292	12,430
Operating Cost of Revenue	12,474	12,528	12,505	12,475	12,206	12,496	12,889	12,463	12,606	12,292	12,430
Total Operating Expenses	500	515	535	537	554	592	922	1,027	576	501	541
Selling, General & Admin Expense	500	515	535	537	554	592	589	579	576	501	541
Total Other Income / (Expense), net	-70	-102	-50	-88	-109	-70	-93	-76	-81	-33	-100
Interest Expense	110	120	130	135	111	105	93	89	89	84	83
Interest & Investment Income	17	25	29	36	14	10	8.00	6.00	7.00	9.00	7.00
Other Income / (Expense), net	23	-7.00	51	11	-12	25	-8.00	7.00	1.00	42	-24
Income Tax Expense	16	112	111	57	55	47	-113	9.00	-39	114	129
Net Income / (Loss) Attributable to Noncontrolling Interest	7.00	7.00	7.00	5.00	3.00	7.00	7.00	-18	6.00	4.00	-1.00
Basic Earnings per Share	$0.00	$1.96	-	$1.04	$0.00	$0.59	-	($2.26)	$0.00	$1.72	-
Weighted Average Basic Shares Outstanding	0.00	355M	0.00	354M	0.00	354M	0.00	354M	0.00	356M	0.00
Diluted Earnings per Share	$0.02	$1.01	$1.00	$0.54	$0.41	$0.30	($1.29)	($1.18)	($0.28)	$0.88	$1.50
Weighted Average Diluted Shares Outstanding	357M	357M	356M	356M	355M	355M	284M	284M	284M	358M	363M
Weighted Average Basic & Diluted Shares Outstanding	356.23M	356.19M	0.00	355.83M	356.02M	356.35M	0.00	355.56M	355.61M	355.63M	0.00

This table details how cash moves in and out of Tyson Foods' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	9/28/2024	9/30/2023	10/1/2022	10/2/2021	10/3/2020	9/28/2019	9/29/2018	9/30/2017	10/1/2016	10/3/2015
Net Change in Cash & Equivalents	1,144	-458	-1,606	1,171	982	214	-48	-31	-339	250
Net Cash From Operating Activities	2,590	1,752	2,687	3,840	3,874	2,513	2,963	2,599	2,716	2,570
Net Cash From Continuing Operating Activities	2,590	1,752	2,700	3,845	3,874	2,513	2,963	2,599	2,716	2,570
Net Income / (Loss) Continuing Operations	822	-649	3,249	3,060	2,071	1,993	2,973	1,778	1,772	1,224
Consolidated Net Income / (Loss)	822	-649	3,249	3,060	2,071	1,993	2,973	1,778	1,772	1,224
Depreciation Expense	1,159	1,100	945	934	900	819	723	642	617	609
Amortization Expense	241	239	257	280	292	279	220	119	88	102
Non-Cash Adjustments To Reconcile Net Income	189	1,058	76	-690	13	134	144	249	92	248
Changes in Operating Assets and Liabilities, net	179	4.00	-1,827	261	598	-712	-1,097	-189	147	387
Net Cash From Investing Activities	-888	-2,299	-1,935	58	-1,423	-3,464	-1,906	-4,164	-684	-270
Net Cash From Continuing Investing Activities	-888	-2,299	-1,935	58	-1,423	-3,464	-1,906	-4,164	-684	-270
Purchase of Property, Plant & Equipment	-1,132	-1,939	-1,887	-1,209	-1,199	-1,259	-1,200	-1,069	-695	-854
Acquisitions	-29	-377	-177	-44	-183	-2,462	-1,474	-3,081	0.00	0.00
Purchase of Investments	-38	-34	-35	-72	-105	-64	-42	-79	-46	-38
Divestitures	174	0.00	0.00	1,188	29	170	797	0.00	0.00	539
Sale and/or Maturity of Investments	35	32	34	70	87	63	37	61	37	52
Other Investing Activities, net	102	19	130	125	-52	88	-24	4.00	20	31
Net Cash From Financing Activities	-581	88	-2,323	-2,731	-1,468	1,171	-1,102	1,530	-2,377	-2,035
Net Cash From Continuing Financing Activities	-581	88	-2,323	-2,731	-1,468	1,171	-1,102	1,530	-2,377	-2,035
Repayment of Debt	-3,971	-7,722	-1,197	-2,654	-17,781	-21,630	-24,273	-12,852	-1,479	-3,323
Repurchase of Common Equity	-49	-354	-702	-67	-207	-252	-427	-860	-1,944	-495
Payment of Dividends	-684	-670	-653	-636	-601	-537	-431	-319	-216	-147
Issuance of Debt	4,109	8,823	103	585	17,091	23,491	23,927	15,407	1,134	1,846
Other Financing Activities, net	14	11	126	41	30	99	102	154	128	84
Effect of Exchange Rate Changes	23	-	-35	4.00	-1.00	-6.00	-3.00	4.00	6.00	-15

This table details how cash moves in and out of Tyson Foods' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	10/1/2022
Net Change in Cash & Equivalents	-1,300	575	-852	387	698	911	-126	156	-111	-377	-25
Net Cash From Operating Activities	-185	1,031	617	796	-123	1,300	323	660	7.00	762	797
Net Cash From Continuing Operating Activities	-185	1,031	617	796	-123	1,300	323	660	7.00	762	810
Net Income / (Loss) Continuing Operations	14	366	364	196	148	114	-443	-435	-91	320	537
Consolidated Net Income / (Loss)	14	366	364	196	148	114	-443	-435	-91	320	537
Depreciation Expense	352	348	77	360	349	373	157	323	317	303	53
Non-Cash Adjustments To Reconcile Net Income	68	78	27	41	-8.00	129	464	403	115	76	14
Changes in Operating Assets and Liabilities, net	-619	239	-92	199	-612	684	-94	369	-334	63	-51
Net Cash From Investing Activities	-181	-233	-34	-233	-243	-378	-427	-696	-507	-669	-610
Net Cash From Continuing Investing Activities	-181	-233	-34	-233	-243	-378	-427	-696	-507	-669	-610
Purchase of Property, Plant & Equipment	-193	-271	-248	-263	-267	-354	-375	-467	-508	-589	-564
Purchase of Investments	-18	-15	-15	-10	-6.00	-7.00	-13	-6.00	-8.00	-7.00	-6.00
Sale and/or Maturity of Investments	14	16	14	9.00	6.00	6.00	12	6.00	7.00	7.00	6.00
Other Investing Activities, net	16	39	42	33	24	3.00	14	7.00	3.00	-5.00	34
Net Cash From Financing Activities	-937	-195	-1,464	-168	1,077	-26	-13	202	381	-482	-195
Net Cash From Continuing Financing Activities	-937	-195	-1,464	-168	1,077	-26	-13	202	381	-482	-195
Repayment of Debt	-775	-42	-1,362	-49	-291	-2,269	-527	-2,893	-4,244	-58	-49
Repurchase of Common Equity	-1.00	-15	-5.00	-13	-18	-13	-11	-11	-19	-313	-9.00
Payment of Dividends	-174	-175	-171	-171	-171	-171	-167	-167	-167	-169	-162
Issuance of Debt	9.00	22	69	64	1,556	2,420	691	3,271	4,807	54	24
Other Financing Activities, net	4.00	15	5.00	1.00	1.00	7.00	1.00	2.00	4.00	4.00	1.00
Effect of Exchange Rate Changes	3.00	-28	29	-8.00	-13	15	-	-10	8.00	12	-17

This table presents Tyson Foods' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	9/28/2024	9/30/2023	10/1/2022	10/2/2021	10/3/2020	9/28/2019	9/29/2018	9/30/2017	10/1/2016	10/3/2015
Total Assets	37,100	36,251	36,821	36,309	34,456	32,918	29,109	0.00	0.00	0.00
Total Current Assets	9,751	8,722	9,630	9,822	7,598	6,990	5,688	0.00	0.00	0.00
Cash & Equivalents	1,717	573	1,031	2,507	1,420	484	270	-	-	-
Accounts Receivable	2,406	2,476	2,577	2,400	1,952	2,173	1,723	-	-	-
Inventories, net	5,195	5,328	5,514	4,382	3,859	3,929	3,513	-	-	-
Other Current Assets	433	345	508	533	367	404	182	-	-	-
Plant, Property, & Equipment, net	9,442	9,634	8,685	7,837	7,596	7,282	6,169	0.00	0.00	0.00
Total Noncurrent Assets	17,907	17,895	18,506	18,650	19,262	18,646	17,252	0.00	0.00	0.00
Goodwill	9,819	9,878	10,513	10,549	10,899	10,844	9,739	-	-	-
Intangible Assets	5,875	6,098	6,252	6,519	6,774	7,037	6,759	-	-	-
Other Noncurrent Operating Assets	2,213	1,919	1,741	1,582	1,589	765	754	-	-	-
Total Liabilities & Shareholders' Equity	37,100	36,251	36,821	36,309	34,456	32,918	29,109	951	43	757
Total Liabilities	18,586	17,996	17,010	18,455	19,070	18,824	16,298	906	0.00	715
Total Current Liabilities	4,787	6,499	5,313	6,325	4,234	5,513	5,031	906	0.00	715
Short-Term Debt	74	1,895	459	1,067	548	2,102	1,911	906	-	715
Accounts Payable	2,402	2,594	2,483	2,225	1,876	1,926	1,694	-	-	-
Other Current Liabilities	2,311	2,010	2,371	3,033	1,810	1,485	1,426	-	-	-
Total Noncurrent Liabilities	13,799	11,497	11,697	12,130	14,836	13,311	11,267	0.00	0.00	0.00
Long-Term Debt	9,713	7,611	7,862	8,281	10,791	9,830	7,962	-	-	-
Noncurrent Deferred & Payable Income Tax Liabilities	2,285	2,308	2,458	2,195	2,317	2,309	2,107	-	-	-
Other Noncurrent Operating Liabilities	1,801	1,578	1,377	1,654	1,728	1,172	1,198	-	-	-
Total Equity & Noncontrolling Interests	18,514	18,255	19,811	17,854	15,386	14,094	12,811	45	43	42
Total Preferred & Common Equity	18,390	18,133	19,702	17,723	15,254	13,950	12,803	45	43	42
Total Common Equity	18,390	18,133	19,702	17,723	15,254	13,950	12,758	45	43	42
Common Stock	4,642	4,605	4,598	4,531	4,478	4,423	4,387	45	43	42
Retained Earnings	18,873	18,760	20,084	17,502	15,100	13,655	12,329	-	-	-
Treasury Stock	-4,941	-4,972	-4,683	-4,138	-4,145	-4,011	-3,943	-	-	-
Accumulated Other Comprehensive Income / (Loss)	-184	-260	-297	-172	-179	-117	-15	-	-	-
Noncontrolling Interest	124	122	109	131	132	144	8.00	-	-	-

This table presents Tyson Foods' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	10/1/2022
Total Assets	36,280	37,310	37,100	37,732	37,465	36,746	36,251	36,761	0.00	36,678	36,821
Total Current Assets	9,168	10,082	9,751	10,572	9,966	9,216	8,722	8,883	0.00	8,953	9,630
Cash & Equivalents	992	2,292	1,717	2,569	2,182	1,484	573	699	-	654	1,031
Accounts Receivable	2,385	2,323	2,406	2,389	2,358	2,263	2,476	2,451	-	2,295	2,577
Inventories, net	5,395	5,114	5,195	5,033	5,056	5,087	5,328	5,391	-	5,596	5,514
Other Current Assets	396	353	433	581	370	382	345	342	-	408	508
Plant, Property, & Equipment, net	9,278	9,353	9,442	9,368	9,593	9,672	9,634	9,612	0.00	9,120	8,685
Total Noncurrent Assets	17,834	17,875	17,907	17,792	17,906	17,858	17,895	18,266	0.00	18,605	18,506
Goodwill	9,805	9,805	9,819	9,801	9,878	9,885	9,878	10,211	-	10,550	10,513
Intangible Assets	5,740	5,799	5,875	5,928	5,985	6,046	6,098	6,155	-	6,213	6,252
Other Noncurrent Operating Assets	2,289	2,271	2,213	2,063	2,043	1,927	1,919	1,900	-	1,842	1,741
Total Liabilities & Shareholders' Equity	36,280	37,310	37,100	37,732	37,465	36,746	36,251	36,761	3,548	36,678	36,821
Total Liabilities	17,749	18,683	18,586	19,530	19,242	18,458	17,996	17,851	3,503	16,891	17,010
Total Current Liabilities	5,494	4,780	4,787	5,810	5,633	6,172	6,499	4,948	1,065	5,114	5,313
Short-Term Debt	896	95	74	1,320	1,315	1,308	1,895	457	1,065	490	459
Accounts Payable	2,350	2,497	2,402	2,291	2,244	2,623	2,594	2,421	-	2,530	2,483
Other Current Liabilities	2,248	2,188	2,311	2,199	2,074	2,241	2,010	2,070	-	2,094	2,371
Total Noncurrent Liabilities	12,255	13,903	13,799	13,720	13,609	12,286	11,497	12,903	2,438	11,777	11,697
Long-Term Debt	8,172	9,711	9,713	9,701	9,645	8,370	7,611	8,863	-	7,859	7,862
Noncurrent Deferred & Payable Income Tax Liabilities	2,240	2,283	2,285	2,318	2,292	2,302	2,308	2,441	2,438	2,473	2,458
Other Noncurrent Operating Liabilities	1,843	1,909	1,801	1,701	1,672	1,614	1,578	1,599	-	1,445	1,377
Total Equity & Noncontrolling Interests	18,531	18,627	18,514	18,202	18,223	18,288	18,255	18,910	45	19,787	19,811
Total Preferred & Common Equity	18,400	18,503	18,390	18,076	18,089	18,150	18,133	18,779	45	19,635	19,702
Total Common Equity	18,400	18,503	18,390	18,076	18,089	18,150	18,133	18,779	45	19,635	19,702
Common Stock	4,689	4,655	4,642	4,623	4,601	4,571	4,605	4,588	45	4,569	4,598
Retained Earnings	18,886	19,054	18,873	18,687	18,667	18,693	18,760	19,378	-	20,225	20,084
Treasury Stock	-4,922	-4,925	-4,941	-4,939	-4,927	-4,909	-4,972	-4,958	-	-4,944	-4,683
Accumulated Other Comprehensive Income / (Loss)	-253	-281	-184	-295	-252	-205	-260	-229	-	-215	-297
Noncontrolling Interest	131	124	124	126	134	138	122	131	-	152	109

This table displays calculated financial ratios and metrics derived from Tyson Foods' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	9/28/2024	9/30/2023	10/1/2022	10/2/2021	10/3/2020	9/28/2019	9/29/2018	9/30/2017	10/1/2016	10/3/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.81%	-0.75%	13.25%	8.95%	1.84%	5.87%	4.68%	3.74%	-10.86%	10.09%
EBITDA Growth	192.49%	-82.70%	0.42%	31.03%	10.40%	-1.13%	8.39%	3.24%	21.60%	52.91%
EBIT Growth	520.40%	-107.85%	0.81%	42.12%	11.12%	-6.61%	4.31%	2.08%	28.84%	60.13%
NOPAT Growth	483.59%	-108.01%	3.74%	42.35%	0.56%	-29.34%	66.54%	2.27%	39.82%	41.35%
Net Income Growth	226.66%	-119.98%	6.18%	47.75%	3.91%	-32.96%	67.21%	0.34%	44.77%	42.99%
EPS Growth	220.32%	-120.96%	6.95%	47.87%	4.44%	-32.84%	67.85%	5.74%	53.56%	24.47%
Operating Cash Flow Growth	47.83%	-34.80%	-30.03%	-0.88%	54.16%	-15.19%	14.01%	-4.31%	5.68%	118.17%
Free Cash Flow Firm Growth	557.94%	-134.71%	-73.41%	52.94%	420.90%	95.80%	-1,067.64%	2.27%	39.82%	41.35%
Invested Capital Growth	-2.22%	0.32%	9.74%	-2.41%	-0.93%	13.96%	0.00%	0.00%	0.00%	0.00%
Revenue Q/Q Growth	0.41%	-0.73%	1.77%	2.96%	1.35%	2.13%	-0.36%	2.65%	-3.53%	0.98%
EBITDA Q/Q Growth	72.08%	-46.88%	-13.80%	28.54%	20.47%	0.33%	6.87%	6.12%	3.74%	14.00%
EBIT Q/Q Growth	239.59%	-141.05%	-20.98%	28.01%	15.87%	-8.13%	3.70%	2.98%	1.21%	14.72%
NOPAT Q/Q Growth	924.51%	-154.49%	-18.74%	24.50%	15.62%	-3.28%	1.58%	1.25%	7.57%	7.85%
Net Income Q/Q Growth	5,380.00%	-296.07%	-20.17%	29.72%	18.75%	-7.13%	3.05%	0.17%	8.11%	11.17%
EPS Q/Q Growth	5,725.00%	-303.26%	-19.86%	29.91%	18.99%	-7.38%	3.21%	0.84%	9.69%	11.74%
Operating Cash Flow Q/Q Growth	12.80%	-21.29%	-12.59%	0.47%	5.10%	-2.37%	-3.61%	13.39%	-1.98%	11.40%
Free Cash Flow Firm Q/Q Growth	69.77%	-38.45%	-64.14%	35.37%	-3.74%	96.64%	-690.21%	1.25%	7.57%	7.85%
Invested Capital Q/Q Growth	-0.26%	-1.25%	1.27%	-2.90%	-1.41%	-2.96%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	6.80%	4.98%	12.51%	13.87%	12.47%	11.84%	12.72%	13.23%	12.74%	9.47%
EBITDA Margin	5.41%	1.86%	10.70%	12.06%	10.03%	9.25%	9.91%	9.57%	9.61%	7.05%
Operating Margin	2.64%	-0.75%	8.28%	9.34%	6.97%	6.53%	7.41%	7.63%	7.68%	5.24%
EBIT Margin	2.78%	-0.67%	8.44%	9.48%	7.27%	6.66%	7.55%	7.58%	7.70%	5.33%
Profit (Net Income) Margin	1.54%	-1.23%	6.10%	6.50%	4.80%	4.70%	7.42%	4.65%	4.80%	2.96%
Tax Burden Percent	75.27%	95.72%	78.31%	75.72%	77.74%	83.95%	110.85%	67.66%	68.21%	63.72%
Interest Burden Percent	73.58%	192.07%	92.26%	90.59%	84.87%	84.04%	88.66%	90.62%	91.45%	87.12%
Effective Tax Rate	24.73%	0.00%	21.69%	24.28%	22.26%	16.05%	-10.85%	32.34%	31.79%	36.28%
Return on Invested Capital (ROIC)	3.94%	-1.02%	13.33%	13.32%	9.20%	9.70%	29.37%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	1.14%	-5.61%	10.44%	10.11%	6.69%	6.54%	22.71%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.53%	-2.39%	3.92%	5.10%	4.85%	5.12%	16.88%	0.00%	0.00%	0.00%
Return on Equity (ROE)	4.47%	-3.41%	17.25%	18.41%	14.05%	14.82%	46.25%	0.00%	0.00%	0.00%
Cash Return on Invested Capital (CROIC)	6.19%	-1.34%	4.04%	15.76%	10.13%	-3.35%	-170.63%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	4.05%	-0.97%	12.30%	12.61%	9.32%	9.11%	20.78%	0.00%	0.00%	0.00%
Return on Assets (ROA)	2.24%	-1.78%	8.89%	8.65%	6.15%	6.43%	20.43%	0.00%	0.00%	0.00%
Return on Common Equity (ROCE)	4.44%	-3.39%	17.14%	18.27%	13.92%	14.71%	46.06%	0.00%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	4.47%	-3.58%	16.49%	17.27%	13.58%	14.29%	23.22%	3,951.11%	4,120.93%	2,914.29%
Net Operating Profit after Tax (NOPAT)	1,061	-277	3,453	3,329	2,338	2,325	3,291	1,976	1,932	1,382
NOPAT Margin	1.99%	-0.52%	6.48%	7.08%	5.41%	5.48%	8.22%	5.17%	5.24%	3.34%
Net Nonoperating Expense Percent (NNEP)	2.81%	4.59%	2.89%	3.21%	2.50%	3.16%	6.66%	-450.53%	-377.14%	-376.23%
Cost of Revenue to Revenue	93.20%	95.02%	87.49%	86.13%	87.53%	88.16%	87.28%	86.77%	87.26%	90.53%
SG&A Expenses to Revenue	4.16%	4.25%	4.24%	4.53%	5.50%	5.31%	5.31%	5.60%	5.05%	4.23%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	4.16%	5.72%	4.24%	4.53%	5.50%	5.31%	5.31%	5.60%	5.05%	4.23%
Earnings before Interest and Taxes (EBIT)	1,484	-353	4,497	4,461	3,139	2,825	3,025	2,900	2,841	2,205
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,884	986	5,699	5,675	4,331	3,923	3,968	3,661	3,546	2,916
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.15	0.96	1.12	1.48	1.27	1.95	1.46	474.81	530.66	325.92
Price to Tangible Book Value (P/TBV)	7.88	8.03	7.53	40.14	0.00	0.00	0.00	474.81	530.66	325.92
Price to Revenue (P/Rev)	0.40	0.33	0.42	0.56	0.45	0.64	0.47	0.56	0.62	0.33
Price to Earnings (P/E)	26.55	0.00	6.83	8.63	9.41	13.75	6.29	12.04	12.91	11.22
Dividend Yield	3.28%	3.94%	2.99%	2.47%	3.16%	2.01%	2.20%	1.51%	0.97%	1.09%
Earnings Yield	3.77%	0.00%	14.63%	11.59%	10.63%	7.27%	15.90%	8.30%	7.75%	8.91%
Enterprise Value to Invested Capital (EV/IC)	1.11	0.97	1.09	1.35	1.16	1.52	1.26	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.55	0.50	0.55	0.71	0.68	0.92	0.71	0.58	0.62	0.35
Enterprise Value to EBITDA (EV/EBITDA)	10.21	26.75	5.18	5.86	6.80	9.90	7.13	6.08	6.43	4.94
Enterprise Value to EBIT (EV/EBIT)	19.83	0.00	6.57	7.46	9.38	13.74	9.35	7.68	8.03	6.53
Enterprise Value to NOPAT (EV/NOPAT)	27.75	0.00	8.55	9.99	12.59	16.70	8.60	11.27	11.81	10.42
Enterprise Value to Operating Cash Flow (EV/OCF)	11.36	15.05	10.99	8.66	7.60	15.45	9.55	8.57	8.40	5.60
Enterprise Value to Free Cash Flow (EV/FCFF)	17.68	0.00	28.19	8.44	11.43	0.00	0.00	11.27	11.81	10.42
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.53	0.52	0.42	0.52	0.74	0.85	0.77	20.13	0.00	17.02
Long-Term Debt to Equity	0.52	0.42	0.40	0.46	0.70	0.70	0.62	0.00	0.00	0.00
Financial Leverage	0.46	0.43	0.38	0.50	0.72	0.78	0.74	-1.00	-1.00	-1.00
Leverage Ratio	1.99	1.92	1.94	2.13	2.29	2.31	2.26	0.00	0.00	0.00
Compound Leverage Factor	1.47	3.69	1.79	1.93	1.94	1.94	2.01	0.00	0.00	0.00
Debt to Total Capital	34.58%	34.24%	29.58%	34.37%	42.43%	45.85%	43.52%	95.27%	0.00%	94.45%
Short-Term Debt to Total Capital	0.26%	6.83%	1.63%	3.92%	2.05%	8.08%	8.42%	95.27%	0.00%	94.45%
Long-Term Debt to Total Capital	34.32%	27.42%	27.95%	30.44%	40.38%	37.77%	35.10%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.44%	0.44%	0.39%	0.48%	0.49%	0.55%	0.04%	0.00%	0.00%	0.00%
Common Equity to Total Capital	64.98%	65.32%	70.03%	65.15%	57.08%	53.60%	56.24%	4.73%	100.00%	5.55%
Debt to EBITDA	3.39	9.64	1.46	1.65	2.62	3.04	2.49	0.25	0.00	0.25
Net Debt to EBITDA	2.80	9.06	1.28	1.21	2.29	2.92	2.42	0.25	0.00	0.25
Long-Term Debt to EBITDA	3.37	7.72	1.38	1.46	2.49	2.51	2.01	0.00	0.00	0.00
Debt to NOPAT	9.23	-34.38	2.41	2.81	4.85	5.13	3.00	0.46	0.00	0.52
Net Debt to NOPAT	7.61	-32.31	2.11	2.06	4.24	4.92	2.92	0.46	0.00	0.52
Long-Term Debt to NOPAT	9.16	-27.53	2.28	2.49	4.61	4.23	2.42	0.00	0.00	0.00
Altman Z-Score	3.13	2.80	3.53	3.35	2.89	3.07	3.03	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.67%	0.61%	0.64%	0.79%	0.94%	0.73%	0.41%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.04	1.34	1.81	1.55	1.79	1.27	1.13	0.00	0.00	0.00
Quick Ratio	0.86	0.47	0.68	0.78	0.80	0.48	0.40	0.00	0.00	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,665	-364	1,047	3,939	2,575	-803	-19,123	1,976	1,932	1,382
Operating Cash Flow to CapEx	228.80%	90.36%	142.40%	317.62%	323.10%	199.60%	246.92%	243.12%	390.79%	300.94%
Free Cash Flow to Firm to Interest Expense	3.46	-1.02	2.87	9.20	5.31	-1.74	-54.64	7.08	7.76	4.72
Operating Cash Flow to Interest Expense	5.38	4.94	7.36	8.97	7.99	5.44	8.47	9.32	10.91	8.77
Operating Cash Flow Less CapEx to Interest Expense	3.03	-0.53	2.19	6.15	5.52	2.71	5.04	5.48	8.12	5.86
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.45	1.45	1.46	1.33	1.28	1.37	2.75	0.00	0.00	0.00
Accounts Receivable Turnover	21.84	20.93	21.41	21.62	20.94	21.77	0.00	0.00	0.00	0.00
Inventory Turnover	9.44	9.27	9.42	9.83	9.71	10.05	0.00	0.00	0.00	0.00
Fixed Asset Turnover	5.59	5.77	6.45	6.10	5.81	6.31	0.00	0.00	0.00	0.00
Accounts Payable Turnover	19.89	19.80	19.80	19.76	19.88	20.65	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	16.71	17.44	17.05	16.88	17.43	16.77	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	38.65	39.38	38.74	37.11	37.60	36.33	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	18.35	18.44	18.43	18.47	18.36	17.67	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	37.02	38.38	37.36	35.53	36.68	35.43	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	26,584	27,188	27,101	24,695	25,305	25,542	22,414	0.00	0.00	0.00
Invested Capital Turnover	1.98	1.95	2.06	1.88	1.70	1.77	3.57	0.00	0.00	0.00
Increase / (Decrease) in Invested Capital	-604	87	2,406	-610	-237	3,128	22,414	0.00	0.00	0.00
Enterprise Value (EV)	29,433	26,375	29,526	33,262	29,446	38,826	28,293	22,272	22,818	14,404
Market Capitalization	21,239	17,320	22,127	26,290	19,395	27,234	18,682	21,366	22,818	13,689
Book Value per Share	$51.68	$51.00	$54.78	$48.58	$41.88	$38.25	$34.86	$0.13	$0.12	$0.11
Tangible Book Value per Share	$7.58	$6.07	$8.17	$1.80	($6.64)	($10.78)	($10.22)	$0.13	$0.12	$0.11
Total Capital	28,301	27,761	28,132	27,202	26,725	26,026	22,684	951	43	757
Total Debt	9,787	9,506	8,321	9,348	11,339	11,932	9,873	906	0.00	715
Total Long-Term Debt	9,713	7,611	7,862	8,281	10,791	9,830	7,962	0.00	0.00	0.00
Net Debt	8,070	8,933	7,290	6,841	9,919	11,448	9,603	906	0.00	715
Capital Expenditures (CapEx)	1,132	1,939	1,887	1,209	1,199	1,259	1,200	1,069	695	854
Debt-free, Cash-free Net Working Capital (DFCFNWC)	3,321	3,545	3,745	2,057	2,492	3,095	2,298	0.00	0.00	0.00
Debt-free Net Working Capital (DFNWC)	5,038	4,118	4,776	4,564	3,912	3,579	2,568	0.00	0.00	0.00
Net Working Capital (NWC)	4,964	2,223	4,317	3,497	3,364	1,477	657	-906	0.00	-715
Net Nonoperating Expense (NNE)	239	373	204	269	267	332	318	198	160	158
Net Nonoperating Obligations (NNO)	8,070	8,933	7,290	6,841	9,919	11,448	9,603	-45	-43	-42
Total Depreciation and Amortization (D&A)	1,400	1,339	1,202	1,214	1,192	1,098	943	761	705	711
Debt-free, Cash-free Net Working Capital to Revenue	6.23%	6.70%	7.03%	4.37%	5.77%	7.30%	5.74%	0.00%	0.00%	0.00%
Debt-free Net Working Capital to Revenue	9.45%	7.79%	8.96%	9.70%	9.06%	8.44%	6.41%	0.00%	0.00%	0.00%
Net Working Capital to Revenue	9.31%	4.20%	8.10%	7.43%	7.79%	3.48%	1.64%	-2.37%	0.00%	-1.73%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$17.43	$16.27	$0.00	$0.00	$0.00	$0.00	$0.00	$5.85
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	360M	363M	0.00	365.19M	0.00	0.00	0.00	405M
Adjusted Diluted Earnings per Share	$2.25	($1.87)	$8.92	$8.34	$0.00	$5.52	$0.00	$0.00	$0.00	$2.95
Adjusted Weighted Average Diluted Shares Outstanding	356M	284M	363M	365M	0.00	366M	0.00	0.00	0.00	413M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	355.24M	359.59M	364.78M	0.00	365.19M	0.00	0.00	0.00	365.66M
Normalized Net Operating Profit after Tax (NOPAT)	1,061	270	3,453	3,329	2,338	2,325	2,078	1,976	1,932	1,382
Normalized NOPAT Margin	1.99%	0.51%	6.48%	7.08%	5.41%	5.48%	5.19%	5.17%	5.24%	3.34%
Pre Tax Income Margin	2.05%	-1.28%	7.79%	8.59%	6.17%	5.60%	6.70%	6.87%	7.04%	4.64%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.09	-0.99	12.32	10.42	6.47	6.11	8.64	10.39	11.41	7.53
NOPAT to Interest Expense	2.21	-0.78	9.46	7.78	4.82	5.03	9.40	7.08	7.76	4.72
EBIT Less CapEx to Interest Expense	0.73	-6.46	7.15	7.60	4.00	3.39	5.21	6.56	8.62	4.61
NOPAT Less CapEx to Interest Expense	-0.15	-6.24	4.29	4.95	2.35	2.31	5.97	3.25	4.97	1.80
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	83.21%	-103.24%	20.10%	20.78%	29.02%	26.94%	14.50%	17.94%	12.19%	12.01%
Augmented Payout Ratio	89.17%	-157.78%	41.71%	22.97%	39.02%	39.59%	28.86%	66.31%	121.90%	52.45%

This table displays calculated financial ratios and metrics derived from Tyson Foods' official financial filings.

Metric	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	10/1/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.02%	2.28%	1.63%	1.62%	-0.46%	0.44%	-2.83%	-2.63%	0.12%	2.53%	7.23%
EBITDA Growth	-26.81%	46.42%	307.96%	3,660.00%	141.26%	-22.54%	-139.50%	-101.47%	-81.78%	-55.06%	-59.52%
EBIT Growth	-59.00%	123.83%	222.29%	202.62%	725.00%	-49.71%	-163.48%	-132.15%	-104.06%	-66.22%	-61.67%
NOPAT Growth	-79.48%	171.51%	224.13%	207.83%	763.17%	-52.50%	-152.47%	-131.06%	-103.87%	-70.37%	-56.28%
Net Income Growth	-90.54%	221.05%	182.17%	145.06%	262.64%	-64.38%	-182.50%	-157.77%	-110.92%	-71.58%	-60.46%
EPS Growth	-95.12%	236.67%	177.52%	145.76%	246.43%	-65.91%	-186.00%	-157.00%	-112.28%	-71.34%	-59.57%
Operating Cash Flow Growth	-50.41%	-20.69%	91.02%	20.61%	-1,857.14%	70.60%	-59.47%	-0.90%	103.37%	-46.79%	-32.69%
Free Cash Flow Firm Growth	101.51%	-32.53%	344.79%	212.43%	-201.58%	153.19%	77.01%	-87.93%	32,256.84%	-331.76%	-188.41%
Invested Capital Growth	-1.46%	-1.29%	-2.22%	-3.19%	1,207.51%	-3.64%	0.32%	2.88%	-109.25%	10.15%	9.74%
Revenue Q/Q Growth	-4.03%	0.43%	1.59%	2.15%	-1.85%	-0.22%	1.58%	0.05%	-0.96%	-3.47%	1.79%
EBITDA Q/Q Growth	-48.43%	41.04%	-8.29%	9.71%	3.18%	300.32%	-1,470.00%	-107.43%	-66.87%	2.14%	-41.72%
EBIT Q/Q Growth	-78.53%	-0.52%	63.64%	17.33%	17.19%	154.35%	-37.32%	-614.58%	-109.43%	-31.40%	-30.46%
NOPAT Q/Q Growth	-89.49%	10.39%	52.29%	16.14%	39.07%	150.47%	-32.29%	-614.29%	-109.96%	-44.25%	-21.71%
Net Income Q/Q Growth	-96.17%	0.55%	85.71%	32.43%	29.82%	125.73%	-1.84%	-378.02%	-128.44%	-40.41%	-28.69%
EPS Q/Q Growth	-98.02%	1.00%	85.19%	31.71%	36.67%	123.26%	-9.32%	-321.43%	-131.82%	-41.33%	-27.54%
Operating Cash Flow Q/Q Growth	-117.94%	67.10%	-22.49%	747.15%	-109.46%	302.48%	-51.06%	9,328.57%	-99.08%	-4.39%	19.67%
Free Cash Flow Firm Q/Q Growth	-43.87%	-21.98%	-11.82%	103.91%	-2,610.52%	383.04%	59.50%	-103.53%	1,414.54%	-22.33%	-231.11%
Invested Capital Q/Q Growth	1.78%	-1.67%	-0.26%	-1.29%	1.96%	-2.60%	-1.25%	1,229.25%	-108.87%	1.41%	1.27%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	4.59%	8.04%	7.81%	6.58%	6.62%	6.18%	3.44%	5.15%	4.01%	7.30%	9.51%
EBITDA Margin	3.63%	6.76%	4.81%	5.33%	4.96%	4.72%	-2.35%	-0.15%	2.05%	6.12%	5.79%
Operating Margin	0.76%	4.26%	3.87%	2.55%	2.39%	1.73%	-3.47%	-2.66%	-0.37%	3.52%	5.58%
EBIT Margin	0.94%	4.21%	4.25%	2.64%	2.30%	1.92%	-3.53%	-2.61%	-0.37%	3.84%	5.40%
Profit (Net Income) Margin	0.11%	2.69%	2.68%	1.47%	1.13%	0.86%	-3.32%	-3.31%	-0.69%	2.41%	3.91%
Tax Burden Percent	46.67%	76.57%	76.63%	77.47%	72.91%	70.81%	79.68%	102.11%	70.00%	73.73%	80.63%
Interest Burden Percent	24.39%	83.42%	82.47%	71.88%	67.67%	62.89%	118.05%	124.20%	270.83%	85.27%	89.76%
Effective Tax Rate	53.33%	23.43%	23.37%	22.53%	27.09%	29.19%	0.00%	0.00%	0.00%	26.27%	19.37%
Return on Invested Capital (ROIC)	0.71%	6.64%	5.88%	3.88%	7.49%	2.41%	-4.73%	-3.66%	-1.17%	5.31%	9.25%
ROIC Less NNEP Spread (ROIC-NNEP)	0.33%	5.65%	5.43%	3.08%	4.97%	1.79%	-6.20%	-6.05%	-3.58%	4.97%	8.11%
Return on Net Nonoperating Assets (RNNOA)	0.15%	2.40%	2.51%	1.42%	1.71%	0.75%	-2.64%	-2.50%	-0.88%	1.83%	3.04%
Return on Equity (ROE)	0.86%	9.05%	8.39%	5.29%	9.20%	3.15%	-7.37%	-6.16%	-2.05%	7.14%	12.29%
Cash Return on Invested Capital (CROIC)	5.86%	6.39%	6.19%	3.62%	-109.73%	2.07%	-1.34%	-0.97%	0.00%	0.39%	4.04%
Operating Return on Assets (OROA)	1.37%	6.09%	6.17%	3.76%	6.48%	2.77%	-5.11%	-3.81%	-1.09%	5.60%	7.87%
Return on Assets (ROA)	0.16%	3.89%	3.90%	2.09%	3.20%	1.23%	-4.80%	-4.83%	-2.07%	3.52%	5.70%
Return on Common Equity (ROCE)	0.86%	8.98%	8.34%	5.26%	9.14%	3.13%	-7.33%	-6.12%	-2.03%	7.08%	12.21%
Return on Equity Simple (ROE_SIMPLE)	5.11%	5.80%	0.00%	0.08%	-3.41%	-4.71%	0.00%	1.76%	3,375.56%	12.44%	0.00%
Net Operating Profit after Tax (NOPAT)	47	444	402	264	227	164	-324	-245	-34	344	618
NOPAT Margin	0.36%	3.26%	2.97%	1.98%	1.74%	1.23%	-2.43%	-1.86%	-0.26%	2.60%	4.50%
Net Nonoperating Expense Percent (NNEP)	0.39%	0.99%	0.45%	0.80%	2.52%	0.62%	1.47%	2.39%	2.41%	0.35%	1.14%
Return On Investment Capital (ROIC_SIMPLE)	0.17%	1.56%	-	-	-	0.58%	-	-	-	-	-
Cost of Revenue to Revenue	95.41%	91.96%	92.19%	93.42%	93.38%	93.82%	96.56%	94.85%	95.99%	92.70%	90.49%
SG&A Expenses to Revenue	3.82%	3.78%	3.94%	4.02%	4.24%	4.44%	4.41%	4.41%	4.39%	3.78%	3.94%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	3.82%	3.78%	3.94%	4.02%	4.24%	4.44%	6.91%	7.82%	4.39%	3.78%	3.94%
Earnings before Interest and Taxes (EBIT)	123	573	576	352	300	256	-471	-343	-48	509	742
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	475	921	653	712	649	629	-314	-20	269	812	795
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.21	1.11	1.15	1.13	1.15	1.02	0.96	0.93	447.59	1.08	1.12
Price to Tangible Book Value (P/TBV)	7.78	7.12	7.88	8.67	9.32	8.32	8.03	7.25	447.59	7.38	7.53
Price to Revenue (P/Rev)	0.41	0.38	0.40	0.38	0.39	0.35	0.33	0.33	0.38	0.40	0.42
Price to Earnings (P/E)	24.31	19.61	26.55	0.00	0.00	0.00	0.00	51.44	13.37	8.71	6.83
Dividend Yield	3.17%	3.40%	3.28%	3.41%	3.33%	3.71%	3.94%	3.86%	3.32%	3.15%	2.99%
Earnings Yield	4.11%	5.10%	3.77%	0.00%	0.00%	0.00%	0.00%	1.94%	7.48%	11.48%	14.63%
Enterprise Value to Invested Capital (EV/IC)	1.14	1.08	1.11	1.09	1.10	1.01	0.97	0.95	0.00	1.06	1.09
Enterprise Value to Revenue (EV/Rev)	0.57	0.53	0.55	0.54	0.56	0.51	0.50	0.49	0.40	0.54	0.55
Enterprise Value to EBITDA (EV/EBITDA)	11.02	9.63	10.21	17.26	31.42	47.52	26.75	14.14	6.55	6.53	5.18
Enterprise Value to EBIT (EV/EBIT)	18.73	15.70	19.83	66.18	0.00	0.00	0.00	30.51	9.34	8.30	6.57
Enterprise Value to NOPAT (EV/NOPAT)	25.88	21.09	27.75	279.37	0.00	0.00	0.00	51.71	12.32	11.03	8.55
Enterprise Value to Operating Cash Flow (EV/OCF)	13.47	12.18	11.36	12.60	13.73	11.70	15.05	11.79	9.50	14.40	10.99
Enterprise Value to Free Cash Flow (EV/FCFF)	19.38	16.82	17.68	29.50	0.00	48.01	0.00	0.00	0.70	282.82	28.19
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.49	0.53	0.53	0.61	0.60	0.53	0.52	0.49	23.67	0.42	0.42
Long-Term Debt to Equity	0.44	0.52	0.52	0.53	0.53	0.46	0.42	0.47	0.00	0.40	0.40
Financial Leverage	0.46	0.43	0.46	0.46	0.34	0.42	0.43	0.41	0.25	0.37	0.38
Leverage Ratio	2.01	2.01	1.99	2.01	2.05	1.93	1.92	1.90	1.87	1.92	1.94
Compound Leverage Factor	0.49	1.67	1.65	1.44	1.39	1.21	2.27	2.36	5.06	1.64	1.74
Debt to Total Capital	32.86%	34.49%	34.58%	37.71%	37.56%	34.61%	34.24%	33.01%	95.95%	29.67%	29.58%
Short-Term Debt to Total Capital	3.25%	0.33%	0.26%	4.52%	4.51%	4.68%	6.83%	1.62%	95.95%	1.74%	1.63%
Long-Term Debt to Total Capital	29.61%	34.15%	34.32%	33.20%	33.05%	29.93%	27.42%	31.40%	0.00%	27.93%	27.95%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.47%	0.44%	0.44%	0.43%	0.46%	0.49%	0.44%	0.46%	0.00%	0.54%	0.39%
Common Equity to Total Capital	66.67%	65.08%	64.98%	61.86%	61.98%	64.90%	65.32%	66.52%	4.05%	69.79%	70.03%
Debt to EBITDA	3.28	3.34	3.39	6.58	11.61	17.16	9.64	5.02	0.33	1.88	1.46
Net Debt to EBITDA	2.93	2.56	2.80	5.04	9.30	14.53	9.06	4.64	0.33	1.73	1.28
Long-Term Debt to EBITDA	2.96	3.31	3.37	5.79	10.22	14.84	7.72	4.78	0.00	1.77	1.38
Debt to NOPAT	7.71	7.32	9.23	106.46	-57.99	-21.91	-34.38	18.37	0.62	3.17	2.41
Net Debt to NOPAT	6.87	5.61	7.61	81.64	-46.44	-18.55	-32.31	16.99	0.62	2.92	2.11
Long-Term Debt to NOPAT	6.95	7.25	9.16	93.71	-51.03	-18.95	-27.53	17.47	0.00	2.98	2.28
Altman Z-Score	3.09	3.04	3.05	2.91	2.92	2.88	2.79	2.87	0.00	3.16	3.20
Noncontrolling Interest Sharing Ratio	0.72%	0.71%	0.67%	0.69%	0.73%	0.76%	0.61%	0.69%	0.74%	0.76%	0.64%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.67	2.11	2.04	1.82	1.77	1.49	1.34	1.80	0.00	1.75	1.81
Quick Ratio	0.61	0.97	0.86	0.85	0.81	0.61	0.47	0.64	0.00	0.58	0.68
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	441	785	1,006	1,141	-29,212	1,164	-411	-1,015	28,758	-2,188	-1,788
Operating Cash Flow to CapEx	-95.85%	380.44%	248.79%	302.66%	-46.07%	367.23%	86.13%	141.33%	1.38%	129.37%	141.31%
Free Cash Flow to Firm to Interest Expense	4.01	6.54	7.74	8.45	-263.17	11.08	-4.42	-11.40	323.12	-26.04	-21.55
Operating Cash Flow to Interest Expense	-1.68	8.59	4.75	5.90	-1.11	12.38	3.47	7.42	0.08	9.07	9.60
Operating Cash Flow Less CapEx to Interest Expense	-3.44	6.33	2.84	3.95	-3.51	9.01	-0.56	2.17	-5.63	2.06	2.81
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.45	1.45	1.45	1.43	2.82	1.44	1.45	1.46	2.99	1.46	1.46
Accounts Receivable Turnover	22.61	23.38	21.84	21.94	0.00	23.23	20.93	21.44	0.00	24.45	21.41
Inventory Turnover	9.57	9.75	9.44	9.61	0.00	9.45	9.27	9.29	0.00	9.55	9.42
Fixed Asset Turnover	5.68	5.64	5.59	5.59	0.00	5.63	5.77	5.92	0.00	6.26	6.45
Accounts Payable Turnover	21.76	19.42	19.89	21.25	0.00	19.58	19.80	21.07	0.00	20.66	19.80
Days Sales Outstanding (DSO)	16.14	15.61	16.71	16.64	0.00	15.71	17.44	17.02	0.00	14.93	17.05
Days Inventory Outstanding (DIO)	38.16	37.45	38.65	38.00	0.00	38.64	39.38	39.30	0.00	38.22	38.74
Days Payable Outstanding (DPO)	16.77	18.80	18.35	17.18	0.00	18.64	18.44	17.33	0.00	17.67	18.43
Cash Conversion Cycle (CCC)	37.53	34.26	37.02	37.46	0.00	35.72	38.38	39.00	0.00	35.49	37.36
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	26,607	26,141	26,584	26,654	27,001	26,482	27,188	27,531	-2,438	27,482	27,101
Invested Capital Turnover	2.00	2.04	1.98	1.96	4.31	1.96	1.95	1.96	4.48	2.04	2.06
Increase / (Decrease) in Invested Capital	-394	-341	-604	-877	29,439	-1,000	87	770	-28,792	2,532	2,406
Enterprise Value (EV)	30,423	28,267	29,433	28,921	29,661	26,803	26,375	26,242	21,206	29,049	29,526
Market Capitalization	22,216	20,629	21,239	20,343	20,749	18,471	17,320	17,490	20,141	21,202	22,127
Book Value per Share	$51.66	$51.99	$51.68	$50.77	$50.76	$51.09	$51.00	$52.81	$0.13	$54.60	$54.78
Tangible Book Value per Share	$8.02	$8.15	$7.58	$6.59	$6.25	$6.25	$6.07	$6.79	$0.13	$7.99	$8.17
Total Capital	27,599	28,433	28,301	29,223	29,183	27,966	27,761	28,230	1,110	28,136	28,132
Total Debt	9,068	9,806	9,787	11,021	10,960	9,678	9,506	9,320	1,065	8,349	8,321
Total Long-Term Debt	8,172	9,711	9,713	9,701	9,645	8,370	7,611	8,863	0.00	7,859	7,862
Net Debt	8,076	7,514	8,070	8,452	8,778	8,194	8,933	8,621	1,065	7,695	7,290
Capital Expenditures (CapEx)	193	271	248	263	267	354	375	467	508	589	564
Debt-free, Cash-free Net Working Capital (DFCFNWC)	3,578	3,105	3,321	3,513	3,466	2,868	3,545	3,693	0.00	3,675	3,745
Debt-free Net Working Capital (DFNWC)	4,570	5,397	5,038	6,082	5,648	4,352	4,118	4,392	0.00	4,329	4,776
Net Working Capital (NWC)	3,674	5,302	4,964	4,762	4,333	3,044	2,223	3,935	-1,065	3,839	4,317
Net Nonoperating Expense (NNE)	33	78	38	68	79	50	119	190	57	24	81
Net Nonoperating Obligations (NNO)	8,076	7,514	8,070	8,452	8,778	8,194	8,933	8,621	-2,483	7,695	7,290
Total Depreciation and Amortization (D&A)	352	348	77	360	349	373	157	323	317	303	53
Debt-free, Cash-free Net Working Capital to Revenue	6.67%	5.79%	6.23%	6.62%	6.55%	5.42%	6.70%	6.93%	0.00%	6.86%	7.03%
Debt-free Net Working Capital to Revenue	8.52%	10.07%	9.45%	11.46%	10.68%	8.22%	7.79%	8.24%	0.00%	8.08%	8.96%
Net Working Capital to Revenue	6.85%	9.89%	9.31%	8.97%	8.19%	5.75%	4.20%	7.39%	-1.99%	7.16%	8.10%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$1.96	$0.00	$1.04	$0.00	$0.59	$0.00	($1.18)	($0.53)	$1.72	$0.00
Adjusted Weighted Average Basic Shares Outstanding	0.00	355M	0.00	354M	0.00	354M	0.00	284M	354M	356M	0.00
Adjusted Diluted Earnings per Share	$0.02	$1.01	$1.00	$0.54	$0.41	$0.30	($1.29)	($1.18)	($0.28)	$0.88	$1.50
Adjusted Weighted Average Diluted Shares Outstanding	357M	357M	356M	356M	355M	355M	284M	354M	354M	358M	363M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	356.23M	356.19M	0.00	355.83M	356.02M	356.35M	0.00	355.56M	355.61M	355.63M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	70	444	402	264	227	164	-91	69	-34	344	618
Normalized NOPAT Margin	0.54%	3.26%	2.97%	1.98%	1.74%	1.23%	-0.68%	0.52%	-0.26%	2.60%	4.50%
Pre Tax Income Margin	0.23%	3.51%	3.50%	1.89%	1.55%	1.21%	-4.17%	-3.24%	-0.99%	3.27%	4.85%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.12	4.78	4.43	2.61	2.70	2.44	-5.06	-3.85	-0.54	6.06	8.94
NOPAT to Interest Expense	0.42	3.70	3.09	1.96	2.05	1.56	-3.48	-2.75	-0.39	4.10	7.44
EBIT Less CapEx to Interest Expense	-0.64	2.52	2.52	0.66	0.30	-0.93	-9.10	-9.10	-6.25	-0.95	2.14
NOPAT Less CapEx to Interest Expense	-1.33	1.44	1.19	0.01	-0.36	-1.81	-7.52	-8.00	-6.09	-2.91	0.65
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	73.51%	64.06%	83.21%	4,533.33%	-109.74%	-78.60%	-103.24%	200.91%	43.52%	26.93%	20.10%
Augmented Payout Ratio	77.13%	68.81%	89.17%	4,900.00%	-118.34%	-84.91%	-157.78%	307.25%	77.95%	54.24%	41.71%

Frequently Asked Questions About Tyson Foods' Financials

When does Tyson Foods's financial year end?

According to the most recent income statement we have on file, Tyson Foods' fiscal year ends in September. Their fiscal year 2024 ended on September 28, 2024.

How has Tyson Foods' net income changed over the last 9 years?

Tyson Foods' net income appears to be on a downward trend, with a most recent value of $822 million in 2024, falling from $1.22 billion in 2015. The previous period was -$649 million in 2023. Find out what analysts predict for Tyson Foods in the coming months.

What is Tyson Foods's operating income?

Tyson Foods's total operating income in 2024 was $1.41 billion, based on the following breakdown:

Total Gross Profit: $3.63 billion
Total Operating Expenses: $2.22 billion

How has Tyson Foods revenue changed over the last 9 years?

Over the last 9 years, Tyson Foods' total revenue changed from $41.37 billion in 2015 to $53.31 billion in 2024, a change of 28.8%.

How much debt does Tyson Foods have?

Tyson Foods' total liabilities were at $18.59 billion at the end of 2024, a 3.3% increase from 2023, and a 2,499.4% increase since 2015.

How much cash does Tyson Foods have?

In the past 9 years, Tyson Foods' cash and equivalents has ranged from $0.00 in 2015 to $2.51 billion in 2021, and is currently $1.72 billion as of their latest financial filing in 2024.

How has Tyson Foods' book value per share changed over the last 9 years?

Over the last 9 years, Tyson Foods' book value per share changed from 0.11 in 2015 to 51.68 in 2024, a change of 45,962.4%.

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This page (NYSE:TSN) was last updated on 5/21/2025 by MarketBeat.com Staff

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Tyson Foods (TSN) Financials

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Tyson Foods (TSN) Financials

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