FirmAtlas
Company handbook · TSN · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
TSN · CIK 100493 · LATEST FILING: 10-Q JUN '26 · FILED AUG 3, 2026
TYSON FOODS, INC.
$54.90
+0.86 (+1.59%)
Close, Oct 16, 2026 · 52-week $50–69
Last fiscal year
TYSON FOODS, INC. reported revenue of $54.4B for the year ended Sep 27, 2025 (FY25), up 2.1% from FY24. Net income was $474M, operating cash flow $2.2B and free cash flow $1.2B. Source: 10-K filed Nov 10, 2025.
Market cap
$19.6B
P/E
34.1
EV/EBITDA
11.1x
P/B
1.1
Div yield
3.72%
ROIC
2.8%
Revenue 1Y
2.1%/yr
EPS 1Y
−40.9%/yr
Shares 1Y
+0.3%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOJeff Schomburger
HQSpringdale, AR
AuditorPricewaterhouseCoopers LLP
Employees133,000
Year endsOctober
Revenue by segment · FY25
Beef40%
Chicken31%
Prepared Foods18%
Pork11%
Corporate And Other4%
Intersegment Revenues-4%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
−2.6%
−7.2%
5.0%
5.3%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$3.5B deployed
Capex
$2.1B
60.4%
Dividends
$1.4B
39.6%
Operating cash flow over the period: $4.7B. Total debt changed by −$957M. R&D of $232M is already inside operating costs.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY25 = year ended Sep 27, 2025 · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
53,309
54,441+2.1%
55,694
YoY
+2.1%
Gross profit
3,627
3,562−1.8%
3,417
Gross margin
6.8%
6.5%−0.3 pp
—
Operating income
1,409
1,098−22.1%
1,257
Operating margin
2.6%
2.0%−0.6 pp
—
EBITDA
2,797
2,448−12.5%
—
EBITDA margin
5.2%
4.5%−0.8 pp
—
Interest expense
481
449−6.7%
—
Interest coverage
5.81x
5.45x−0.36x
—
Net income
800
474−40.8%
574
YoY
−40.8%
Net margin
1.5%
0.9%−0.6 pp
—
EPS (diluted, $)
2.25
1.33−40.9%
1.62
YoY
−40.9%
Balance sheet
Total assets
37,100
36,658−1.2%
35,612
Cash & short-term investments
1,717
1,229−28.4%
—
Accounts receivable
2,406
2,524+4.9%
—
Inventory
5,195
5,681+9.4%
—
Net PP&E
9,442
9,204−2.5%
—
Other assets
18,340
18,020−1.7%
—
Total liabilities
18,710
18,573−0.7%
17,533
Accounts payable
2,402
2,601+8.3%
—
Total debt
9,787
8,830−9.8%
8,006
Other liabilities
6,521
7,142+9.5%
—
Shareholders’ equity
18,390
18,085−1.7%
18,079
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
2,590
2,155−16.8%
2,004
Net income
822
507−38.3%
—
Depreciation & amortization
1,388
1,350−2.7%
—
Stock-based compensation
101
100−1.0%
—
Working capital & other
279
198−29.0%
—
Cash from investing
(888)
(665)n/m
—
Capex
(1,132)
(978)n/m
—
PP&E sold
0
252n/m
—
Acquisitions
0
0n/m
—
Investments bought
(38)
(66)n/m
—
Investments sold / matured
35
62+77.1%
—
Other investing
247
65−73.7%
—
Cash from financing
(581)
(1,977)n/m
—
Debt raised
2,415
175−92.8%
—
Dividends
(684)
(697)n/m
—
Shares issued
14
21+50.0%
—
Other financing
(2,326)
(1,476)n/m
—
Net change in cash
1,144
(488)−142.7%
—
Free cash flow (OCF − capex)
1,458
1,177−19.3%
1,161
Where the cash went
Operating cash flow
2,590
2,155−16.8%
2,004
Reinvested in the business
1,132
978−13.6%
—
% of operating cash flow
43.7%
45.4%
Capex
1,132
978−13.6%
843
Acquisitions
0
0n/m
—
R&D (memo, already in costs)
106
126+18.9%
—
Free cash flow
1,458
1,177−19.3%
1,161
YoY
−19.3%
Returned to shareholders
684
697+1.9%
—
% of free cash flow
46.9%
59.2%
Dividends
684
697+1.9%
—
Change in total debt
—
(957)
—
Cash left over
—
(477)
—
FCF conversion (FCF ÷ net income)
182.2%
248.3%+66.1 pp
—
Owner earnings
—
441
—
Owner earnings margin
—
0.8%
—
Returns & ratios
ROIC (all capital)
4.0%
2.8%−1.2 pp
—
ROIC (operating)
7.2%
4.9%−2.3 pp
—
Net debt / EBITDA
2.89x
3.10x+0.22x
—
Debt / equity
0.53x
0.49x−0.04x
—
Cash conversion cycle (days)
37
39+2 d
—
ROE
4.4%
2.6%−1.7 pp
—
ROA
2.2%
1.3%−0.9 pp
—
ROCE
4.4%
3.6%−0.7 pp
—
NOPAT
1,061
724−31.7%
—
Invested capital (operating)
14,641
14,808+1.1%
—
Invested capital (all)
26,460
25,686−2.9%
—
Reinvestment rate
—
23.1%
—
Debtor days
16
17+0 d
—
Inventory days
38
41+3 d
—
Days payable
18
19+1 d
—
Net debt is 3.1x EBITDA (FY25).
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
13,860
14,313
13,653
13,868
vs year-ago quarter
Gross profit
726
808
962
921
Gross margin
5.2%
5.6%
7.0%
6.6%
Operating income
158
302
435
362
Net income
47
85
260
182
vs year-ago quarter
Net margin
0.3%
0.6%
1.9%
1.3%
EPS (diluted, $)
0.13
0.24
0.73
0.52
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
36,658
36,019
35,165
35,612
Cash & equivalents
1,229
1,278
500
740
Total debt
8,830
8,362
8,083
8,006
Shareholders’ equity
18,085
18,023
18,098
18,079
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
535
942
(113)
640
Capex
287
252
145
159
Free cash flow
248
690
(258)
481
vs year-ago quarter