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Tyson Foods, Inc.

Protein foodsFounded 1935
Reviewed by Swet Parvadiya
Company data updated: October 2026

Financial Performance

Tyson Foods Revenue & Financials

Revenue

$54.4B (FY2025)

Market Cap

$18.4B

Net Income

$474M

Employees

133,000

What is Tyson Foods's revenue?

Tyson Foods had $54.4B in revenue for fiscal year 2025, up 2.1% from 2024. Net income was $474M.

Latest revenue
$54.4B (FY2025)
Year-over-year
+2.1%
Growth rate (CAGR)
4.4% over 9 years
Peak revenue
$54.4B (FY2025)
Years of data
10
Employees
133,000
What is Tyson Foods's operating income?
Tyson Foods reported operating income of $1.1B for fiscal year 2025. sec.gov
How much profit does Tyson Foods make?
Tyson Foods reported net income of $474M for fiscal year 2025. sec.gov
How many employees does Tyson Foods have?
Tyson Foods has about 133,000 employees.

Financial Analysis

Fiscal 2025 (ended September 27, 2025) sales rose 2.1% to $54.441 billion, or 3.3% excluding a $653 million increase in legal contingency accruals recorded as a reduction to sales. GAAP operating income fell 22% to $1.098 billion, while adjusted operating income rose 26% to $2.287 billion; GAAP EPS was $1.33 and adjusted EPS $4.12. Tyson reduced total debt by $957 million and ended the year with $3.7 billion of liquidity. In the first nine months of fiscal 2026, sales were $41.834 billion (up 3.1%), GAAP operating income $1.099 billion (up 17%), adjusted operating income $1.616 billion (down 4%) and free cash flow $913 million. Third-quarter sales were flat at $13.87 billion as 3.4% higher pricing offset a 2.8% volume decline tied to constrained cattle supply.

Revenue Trend Analysis

YoY Change

+2.1%

9-Year CAGR

+4.4%

Peak Year

2025

Trend

Consistent Growth

Tyson Foods, Inc. has 10 full fiscal year figures on this page, compounding at +4.4% annually over 9 years. The most recent year saw a 2.1% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $54.4B. Of 9 comparable year-over-year steps, 8 showed growth and 1 showed a decline.

Annual revenue history

Fiscal YearRevenueOperating IncomeNet IncomeYoY ChangeSource
FY2025$54.4B$1.1B$474M+2.1%TYSON FOODS, INC. annual report (Form 10-K, SEC EDGAR, filed 2025-11-10)

Fiscal year ended 2025-09-27.

FY2024$53.3B$1.4B$800M+0.8%TYSON FOODS, INC. annual report (Form 10-K, SEC EDGAR, filed 2025-11-10)

Fiscal year ended 2024-09-28.

FY2023$52.9B-$395M-$648M-0.8%TYSON FOODS, INC. annual report (Form 10-K, SEC EDGAR, filed 2025-11-10)

Fiscal year ended 2023-09-30.

FY2022$53.3B$4.4B$3.2B+13.2%TYSON FOODS, INC. annual report (Form 10-K, SEC EDGAR, filed 2024-11-12)

Fiscal year ended 2022-10-01.

FY2021$47B$4.4B$3B+8.9%TYSON FOODS, INC. annual report (Form 10-K, SEC EDGAR, filed 2023-11-13)

Fiscal year ended 2021-10-02.

FY2020$43.2B$3B$2.1B+1.8%TYSON FOODS, INC. annual report (Form 10-K, SEC EDGAR, filed 2022-11-14)

Fiscal year ended 2020-10-03.

FY2019$42.4B$2.8B$2B+5.9%TYSON FOODS, INC. annual report (Form 10-K, SEC EDGAR, filed 2021-11-15)

Fiscal year ended 2019-09-28.

FY2018$40.1B$3Bfiling$3B+4.7%TYSON FOODS, INC. annual report (Form 10-K, SEC EDGAR, filed 2021-02-11)

Fiscal year ended 2018-09-29.

FY2017$38.3B$2.9B$1.8B+3.7%TYSON FOODS, INC. annual report (Form 10-K, SEC EDGAR, filed 2019-11-12)

Fiscal year ended 2017-09-30.

FY2016$36.9B$2.8B$1.8B—TYSON FOODS, INC. annual report (Form 10-K, SEC EDGAR, filed 2018-11-13)

Fiscal year ended 2016-10-01.

Click any row to see year details.

Tyson Foods, Inc. balance sheet and cash flow

Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest.

Fiscal YearOperating cash flowCapital expendituresTotal assetsShareholders' equityFree cash flowSource
FY2025ended Sep 27, 2025$2.2B$978M$36.7B$18.1B$1.2BForm 10-K
FY2024ended Sep 28, 2024$2.6B$1.1B$37.1B$18.4B$1.5BForm 10-K
FY2023ended Sep 30, 2023$1.8B$1.9B$36.3B$18.1B-$187MForm 10-K
FY2022ended Oct 1, 2022$2.7B$1.9B$36.8B$19.7B$800MForm 10-K
FY2021ended Oct 2, 2021$3.8B$1.2B$36.3B$17.7B$2.6BForm 10-K
FY2020ended Oct 3, 2020$3.9B$1.2B$34.5B$15.3B$2.7BForm 10-K
FY2019ended Sep 28, 2019$2.5B$1.3B$32.9B$14.1B$1.3BForm 10-K
FY2018ended Sep 29, 2018$3B$1.2B$29.1B$12.8B$1.8BForm 10-K
FY2017ended Sep 30, 2017$2.6B$1.1B$28.1B$10.5B$1.5BForm 10-K
FY2016ended Oct 1, 2016$2.7B$695M$22.4B$9.6B$2BForm 10-K

Keep researching Tyson Foods

Tyson Foods Revenue and Financial FAQ

What were Tyson Foods' total sales and net income for fiscal 2025?

For fiscal 2025 (ended September 27, 2025), Tyson reported net sales of $54.441 billion (up 2.1%), GAAP operating income of $1.098 billion, and net income attributable to Tyson of $474 million ($1.33 GAAP EPS).

What was the difference between Tyson's GAAP and adjusted operating income in FY2025?

While GAAP operating income was $1.098 billion, adjusted operating income reached $2.287 billion ($4.12 adjusted EPS), with the difference largely driven by a $653 million antitrust legal contingency accrual recorded as a reduction to sales.

How did Tyson Foods perform in the first nine months of fiscal 2026?

Through nine months of FY2026 (ended June 27, 2026), sales reached $41.834 billion (up 3.1%), GAAP operating income was $1.099 billion (up 17%), and the company generated $913 million in free cash flow.

Why did Tyson's Beef segment experience compressed margins and operating losses?

Prolonged drought across the US Great Plains forced ranchers into severe cattle herd liquidation, shrinking the US cattle herd to its smallest size in over 70 years. Record-high live cattle purchase costs severely compressed packer margins.

How did the Chicken and Prepared Foods segments offset beef losses in FY2025–2026?

Plunging grain feed costs (corn and soy), improved hatchery hatchability, plant operational efficiencies, and resilient consumer demand for Jimmy Dean and Hillshire Farm delivered strong profit growth that offset beef headwinds.

How much debt did Tyson Foods pay down recently?

Tyson reduced total debt by $957 million in fiscal 2025, bringing total liquidity to $3.7 billion and reducing leverage ratios toward investment-grade balance sheet targets.

What is Tyson Foods' dividend track record and yield profile?

Tyson has paid consecutive quarterly cash dividends for over four decades, paying an annual dividend of approximately $2.00 per share with an attractive dividend yield typically between 3.5% and 4.0%.

How much does Tyson spend annually on capital expenditures (CapEx)?

Tyson invests roughly $1.1 billion to $1.3 billion annually in CapEx, prioritizing automated poultry deboning equipment, plant digital vision sorting, and wastewater treatment infrastructure.

What are Tyson Foods' credit ratings from major rating agencies?

Tyson maintains investment-grade credit ratings: "Baa2" from Moody's and "BBB" from S&P Global, supported by diverse multi-protein cash flows and conservative cash reserves.

What is Tyson Foods' Return on Invested Capital (ROIC)?

Due to cyclical cattle headwinds and asset-heavy packing plants, Tyson's ROIC has fluctuated between 5% and 8% during downcycles, compared to 12–15% during peak beef packing spread years.

How did quarterly sales perform in Q3 fiscal 2026?

Third-quarter fiscal 2026 sales were flat at $13.87 billion, as a 3.4% increase in average realized meat prices offset a 2.8% volume contraction caused by restricted fed cattle supply.

What are the main financial swing factors for Tyson's fiscal 2026–2027 outlook?

The primary financial determinants are the pace of US beef herd rebuilding, feed grain crop yields, avian flu incidence, and the ability of new CEO Jeff Schomburger to drive margin expansion in prepared branded foods.

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Using these figures? Please credit CorpDigest with a link.

Cite this page
CorpDigest. "Tyson Foods Revenue & Financials." CorpDigest, https://corpdigest.com/company/tyson-foods/financials.
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<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Tyson Foods reported $54.4B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/tyson-foods/financials" target="_blank" rel="noopener">CorpDigest — Tyson Foods financials</a></div>

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