Saturday 17 October 2026
Export TSN’s income statement to Excel — free account
Tyson Foods, Inc.
TSN Consumer Defensive Farm Products
Tyson Foods, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $54.4 billion, up 2.12% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 194.4%, free cash flow fell 34.3% and total debt fell 11.7%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for three; insiders bought in the last twelve months.
54.90
0.86
+1.59%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to September
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 48.52 | 57.20 | 49.77 | 52.82 | 42.57 | 62.59 | 59.38 | 44.94 | 51.16 | 50.56 |
Analyst estimates 2026–2028 Powerpack |
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| High | 77.05 | 84.65 | 82.51 | 94.11 | 94.24 | 87.50 | 100.72 | 66.79 | 66.88 | 64.36 | |||||
| People | |||||||||||||||
| People | Employees | 114,000 | 122,000 | 121,000 | 141,000 | 139,000 | 137,000 | 142,000 | 139,000 | 138,000 | 133,000 | ||||
| Revenue/emp, $m | 0.32 | 0.31 | 0.33 | 0.30 | 0.31 | 0.34 | 0.38 | 0.38 | 0.39 | 0.41 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 36,881 | 38,260 | 40,052 | 42,405 | 43,185 | 47,049 | 53,282 | 52,881 | 53,309 | 54,441 | ||||
| Gross margin, % | 12.74 | 13.23 | 12.72 | 11.84 | 12.47 | 13.87 | 12.51 | 4.98 | 6.80 | 6.54 | |||||
| EBT | 2,598 | 2,628 | 2,682 | 2,374 | 2,664 | 4,041 | 4,149 | (678) | 1,092 | 769 | |||||
| EBT margin, % | 7.04 | 6.87 | 6.70 | 5.60 | 6.17 | 8.59 | 7.79 | (1.28) | 2.05 | 1.41 | |||||
| Net income | 1,772 | 1,778 | 2,973 | 1,993 | 2,071 | 3,060 | 3,249 | (649) | 822 | 507 | |||||
| Depreciation | 705 | 761 | 943 | 1,192 | 1,240 | 1,214 | 1,202 | 2,120 | 1,400 | 1,704 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 95.79 | 104.54 | 109.73 | 116.82 | 118.97 | 129.61 | 148.01 | 149.38 | 150.59 | 153.35 | ||||
| Earnings | 4.67 | 4.94 | 8.44 | 5.67 | 6.02 | 8.57 | 8.99 | (1.87) | 2.25 | 1.37 | |||||
| Cash flow | 7.05 | 7.10 | 8.12 | 6.92 | 10.67 | 10.58 | 7.46 | 4.95 | 7.32 | 6.07 | |||||
| Capex | (1.81) | (2.92) | (3.29) | (3.47) | (3.30) | (3.33) | (5.24) | (5.48) | (3.20) | (2.05) | |||||
| Free cash flow | 5.25 | 4.18 | 4.83 | 3.45 | 7.37 | 7.25 | 2.22 | (0.53) | 4.12 | 4.03 | |||||
| Book value | 25.00 | 28.85 | 35.10 | 38.83 | 42.39 | 49.18 | 55.03 | 51.57 | 52.30 | 51.34 | |||||
| Shares, m | 385 | 366 | 365 | 363 | 363 | 363 | 360 | 354 | 354 | 355 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 16.13 | 14.49 | 6.97 | 15.19 | 9.88 | 9.21 | 7.21 | 0.00 | 26.12 | 39.64 | ||||
| P/S | 0.78 | 0.68 | 0.54 | 0.74 | 0.50 | 0.61 | 0.45 | 0.33 | 0.40 | 0.35 | |||||
| P/B | 2.99 | 2.46 | 1.68 | 2.22 | 1.40 | 1.61 | 1.20 | 0.95 | 1.14 | 1.06 | |||||
| EV/Sales | 0.94 | 0.94 | 0.78 | 1.01 | 0.73 | 0.75 | 0.58 | 0.50 | 0.55 | 0.49 | |||||
| EV/FCF | 17.16 | 23.44 | 17.63 | 34.06 | 11.78 | 13.49 | 38.78 | (140.98) | 20.00 | 18.81 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 2,716 | 2,599 | 2,963 | 2,513 | 3,874 | 3,840 | 2,687 | 1,752 | 2,590 | 2,155 | ||||
| Capex | (695) | (1,069) | (1,200) | (1,259) | (1,199) | (1,209) | (1,887) | (1,939) | (1,132) | (726) | |||||
| Free cash flow | 2,021 | 1,530 | 1,763 | 1,254 | 2,675 | 2,631 | 800 | (187) | 1,458 | 1,429 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 2,126 | 2,226 | 657 | 1,477 | 3,364 | 3,497 | 4,317 | 2,223 | 4,964 | 3,527 | ||||
| Total debt | 6,279 | 10,203 | 9,873 | 11,932 | 11,339 | 9,348 | 8,321 | 9,506 | 9,787 | 8,830 | |||||
| Net debt | 5,930 | 9,885 | 9,603 | 11,448 | 9,919 | 6,841 | 7,290 | 8,933 | 8,070 | 7,601 | |||||
| Shareholders’ equity | 9,624 | 10,559 | 12,811 | 14,094 | 15,386 | 17,854 | 19,811 | 18,255 | 18,514 | 18,227 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 7.80 | 7.03 | 10.39 | 6.38 | 6.12 | 8.61 | 8.86 | (1.77) | 2.18 | 1.29 | ||||
| ROIC | 11.38 | 8.93 | 8.28 | 6.78 | 7.43 | 11.13 | 10.17 | (0.91) | 3.31 | 2.66 | |||||
| ROE | 18.29 | 17.58 | 25.42 | 14.72 | 13.98 | 18.33 | 17.19 | (3.40) | 4.35 | 2.58 | |||||
Negative figures in brackets.
Fiscal years to Sep 2025 · latest quarter Jun 2026
Charts ten years each
Tyson Foods, Inc. vs peers in Farm Products (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| ADM Archer Daniels Midland Company | $40.0B | 22.6× | 17.8× | +7.16% (above 0%: growing) | +315.56% (above 0%: growing) | −77.46% (below 0%: shrinking) | 8.53% | 4.01% | Compare |
| BG Bunge Global SA | $20.6B | 20.6× | 14.5× | +88.28% (above 0%: growing) | +32.95% (above 0%: growing) | −0.80% (below 0%: shrinking) | 6.99% | 4.51% | Compare |
| TSN Tyson Foods, Inc. | $18.6B | 32.9× | 18.3× | −0.12% (below 0%: shrinking) | +194.44% (above 0%: growing) | −34.29% (below 0%: shrinking) | 6.64% | 2.61% | |
| CALM Cal-Maine Foods, Inc. | $3.0B | 51.1× | 19.7× | −41.51% (below 0%: shrinking) | n/m | −154.84% (below 0%: shrinking) | 0.07% | (15.23%) | Compare |
| IBA Industrias Bachoco, S.A. de C.V. | $2.5B | 11.9× | 8.8× | +6.31% (above 0%: growing) | −53.24% (below 0%: shrinking) | +146.11% (above 0%: growing) | 18.30% | 9.63% | Compare |
| AGRO Adecoagro S.A. | $1.5B | 30.4× | 2.6× | +38.98% (above 0%: growing) | n/m | −5.56% (below 0%: shrinking) | 32.92% | 17.32% | Compare |
| DMC Del Monte Corporation | $1.4B | 41.1× | 17.0× | +3.10% (above 0%: growing) | −62.18% (below 0%: shrinking) | −70.03% (below 0%: shrinking) | 9.95% | 2.75% | Compare |
| DOLE Dole PLC | $1.3B | 21.5× | 10.2× | +2.92% (above 0%: growing) | +170.00% (above 0%: growing) | −218.11% (below 0%: shrinking) | 7.81% | 1.90% | Compare |
| VITL Vital Farms, Inc. | $367.1M | — (loss-making) | — (loss-making) | −10.14% (below 0%: shrinking) | n/m | −521.68% (below 0%: shrinking) | 6.58% | (24.18%) | Compare |
| Median of peers | $2.0B | 22.6× | 14.5× | +4.71% | +32.95% | −73.74% | 8.17% | 3.38% |
TSN metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
Tyson Foods, Inc. (TSN) key facts
- Concern: Net income was $507.0 million, or $1.37 per share (basic), a net margin of 0.87%.
- Strength: Tyson Foods, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $54.4 billion, up 2.12% from fiscal 2024.
- Tyson Foods, Inc. (TSN) is a Farm Products company in the Consumer Defensive sector, listed on the New York Stock Exchange.
- As of October 16, 2026, TSN traded at $54.90, a market capitalization of $18.6 billion.
- At that price the stock trades at 32.9× trailing-twelve-month earnings and 0.3× sales; its P/E is higher than 88% of its own readings over the past ten years.
- Tyson Foods, Inc. pays an annual dividend of $2.55 per share, a yield of 4.64%, with a payout ratio of 157.4%.
- Return on equity was 2.58% and debt-to-equity 0.44.
- Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 3.04 (safe zone) for fiscal 2025.