Tyson Foods (TSN)
Consumer Staples · $18.1B market cap · SEC CIK 0000100493
fundamentals score out of 100
Next reports on Nov 9, 2026, after the close, with analysts expecting $0.76 in earnings per share.
The case for TSN
- Pays a 4.1% dividend while you wait.
- Trades at 1.14× book value, close to what the balance sheet says it owns.
- Moves less than the market (beta 0.39).
- Price/sales of 0.3× is lower than 94% of Consumer Staples companies.
The case against
- Earnings per share down 26.5%.
- Pricey at 31.6× earnings, against a long-run market average nearer 20×.
- Return on equity of only 3%.
- Near the bottom of its 52-week range, 25% below the high. Falling prices usually have a reason; find it first.
- Net margin of 1.0% leaves very little room for error.
- Dividend takes 122% of earnings, leaving little cushion.
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Consumer Staples companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 69 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 39 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 26 |
| Momentumhow the price has behaved lately | 28 |
| Stabilityhow violently it moves, what it owes and what it pays you | 86 |
- Each factor except momentum is half fixed thresholds, half rank among the 36 Consumer Staples companies.
Key numbers
| Price / earnings | 31.6× |
|---|---|
| Price / book | 1.14× |
| Price / sales | 0.3× |
| Revenue growth (YoY) | +3.3% |
| EPS growth (YoY) | -26.5% |
| Gross margin | 7% |
| Operating margin | 2% |
| Net margin | 1% |
| Return on equity | 3% |
| Debt / equity | 0.44× |
| Current ratio | 1.43 |
| Dividend yield | 4.06% |
| Beta | 0.39 |
| 52-week range | $50.56 – $69.48 |
| Position in that range | 7% of the way up |
| 3-month return | -6.2% |
| 1-year return | -2.9% |
Five years of financials, as filed
Pulled from Tyson Foods's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $54.4B | $53.3B | $52.9B | $53.3B | $47.0B |
| Gross profit | $3.6B | $3.6B | $2.6B | $6.7B | $6.5B |
| Operating income | $1.1B | $1.4B | -$395M | $4.4B | $4.4B |
| Net income | $474M | $800M | -$648M | $3.2B | $3.0B |
| Operating cash flow | $2.2B | $2.6B | $1.8B | $2.7B | $3.8B |
| Capital expenditure | $978M | $1.1B | $1.9B | $1.9B | $1.2B |
| Total assets | $36.0B | $37.3B | $36.7B | $36.7B | $36.8B |
| Shareholder equity | $18.0B | $18.5B | $18.1B | $19.6B | $18.4B |
| Cash | $1.3B | $2.3B | $1.5B | $654M | $3.0B |
| Free cash flow | $1.2B | $1.5B | -$187M | $800M | $2.6B |
| Gross margin | 6.5% | 6.8% | 5.0% | 12.5% | 13.9% |
| Operating margin | 2.0% | 2.6% | -0.7% | 8.3% | 9.3% |
| Net margin | 0.9% | 1.5% | -1.2% | 6.1% | 6.5% |
| Diluted shares | 357M | 356M | 284M | 363M | 365M |
Share count is essentially flat over 4 years.
What Tyson Foods says it does
Tyson Foods, Inc. and its subsidiaries (collectively, the "Company," "we," "us," "our," "Tyson Foods" or "Tyson") (NYSE: TSN) is a world-class food company and recognized leader in protein. Founded in 1935 by John W. Tyson, it has grown under four generations of family leadership. The Company is unified by this purpose: Tyson Foods. We Feed the World Like Family™ and has a broad portfolio of iconic products and brands including Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, State Fair®, Aidells® and ibp®. Tyson Foods is dedicated to bringing high-quality food to every table in the world, safely, and affordably, now and for future generations. Headquartered in Springdale, Arkansas, the Company had approximately 133,000 employees ("team members") on September 27, 2025. Through its Core Values, Tyson Foods strives to operate with integrity, create value for its shareholders,…
Risk factors TSN lists in its 10-K
- We may not realize any or all of the anticipated benefits of our financial excellence programs and operational optimization plans, which may prove to be more difficult, costly or time consuming than expected
- We are subject to risks associated with our international activities, which could negatively affect our sales to customers in foreign locations, as well as our operations and assets in such locations and in the United States
- Global pandemics have had, and may in the future have, an adverse impact on our business and operations
- We may not be able to successfully consummate favorable strategic acquisitions or divestitures or successfully integrate acquired businesses
- Tyson Limited Partnership can exercise significant control
- Fluctuations in commodity prices and in the availability of raw materials, especially feed grains, live cattle, live swine and other inputs could negatively impact our earnings
- The prices we receive for our products may fluctuate due to competition from other food producers and processors
- Disease outbreaks can adversely impact our ability to conduct our operations and the supply and demand for our products
- Changes in consumer preference and failure to maintain favorable consumer perception of our brands and products could negatively impact our business
- Failure to continually innovate and successfully launch new products and maintain our brand image through marketing investment could adversely impact our operating results
- The loss of one or more of our largest customers could negatively impact our business
- Failure to leverage our brand value propositions to compete against private label products, especially during economic downturn, may adversely affect our profitability
- Labor shortages and increased turnover or increases in employee and employee-related costs could have adverse effects on our profitability
- We depend on the availability of, and good relations with, our team members and their labor unions