Tyson Foods, Inc.
- Open
- 56.85
- Day high
- 57.51
- Day low
- 56.66
- Prev close
- 56.75
- Volume
- 2.0M
- Mkt cap
- $20.1B
- P/E (TTM)
- 43.2
- EPS (TTM)
- $1.33
- P/B
- 1.1
- P/S
- 0.4
- Yield
- 1.79%
- Per share
- $1.02
Tyson Foods, Inc. (TSN) is a Consumer Defensive company listed on NYSE. The stock is up 5% over the past year. Drillr has 1 published research article covering TSN.
Tyson Foods, Inc. (TSN) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 5 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
TSN earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 4, 2026 | $0.76 | $0.87 | +14.5% | $13.7B | +0.2% |
| Feb 2, 2026 | $1.01 | $0.97 | -4.0% | $14.3B | +5.7% |
| Feb 3, 2025 | $0.79 | $1.14 | +44.3% | $13.6B | +3.6% |
| Nov 13, 2023 | $0.33 | $0.37 | +12.1% | $13.3B | -2.8% |
| Nov 14, 2022 | $1.73 | $1.63 | -5.8% | $13.7B | +1.8% |
| Feb 7, 2022 | $1.90 | $2.87 | +51.1% | $12.9B | +6.3% |
| Nov 15, 2021 | $2.20 | $2.30 | +4.5% | $12.8B | +3.1% |
| Feb 11, 2021 | $1.58 | $1.94 | +22.8% | $10.5B | -3.4% |
| Nov 16, 2020 | $1.19 | $1.95 | +63.9% | $11.5B | +11.8% |
| May 4, 2020 | $1.04 | $0.77 | -26.0% | $10.9B | -26.0% |
| Feb 6, 2020 | $1.66 | $1.66 | +0.0% | $10.8B | +0.0% |
| Nov 12, 2019 | $1.29 | $1.21 | -6.2% | $10.9B | -6.2% |
TSN insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jul 14, 2026 | TYSON JOHN Hdirector, officer: Chairman of the Board | Grant | 51,876 | — |
| Jul 14, 2026 | MORRIS WESofficer: Chief Operating Officer | Grant | 25,938 | — |
| Jul 14, 2026 | Schomburger Jeffrey Kdirector, officer: President & CEO Elect | Grant | 48,418 | — |
| May 11, 2026 | COLE DEVINofficer: Chief Operating Officer | Tax | 766 | $68.38 |
| May 11, 2026 | COLE DEVINofficer: Chief Operating Officer | Tax | 7,510 | $68.38 |
| May 11, 2026 | COLE DEVINofficer: Chief Operating Officer | Tax | 3,015 | $68.38 |
| Feb 11, 2026 | Deckinger Adam S.officer: Chief Legal & Admin Officer | Tax | 2,715 | $64.96 |
| Feb 11, 2026 | HANSON JACQUELINEofficer: Chief People Officer | Tax | 1,925 | $65.40 |
| Feb 9, 2026 | BRONCZEK DAVID Jdirector | Grant | 2,911 | $65.26 |
| Feb 9, 2026 | Martinez Mariadirector | Grant | 2,911 | $65.26 |
| Feb 9, 2026 | Bond Sarahdirector | Grant | 2,911 | $65.26 |
| Feb 9, 2026 | Tyson John R.director | Tax | 380 | $65.26 |
| Feb 9, 2026 | Quinn Katherine Bdirector | Grant | 2,911 | $65.26 |
| Feb 9, 2026 | White Noel Wdirector | Grant | 2,911 | $65.26 |
| Feb 9, 2026 | Tyson Olivia L.director | Grant | 2,911 | $65.26 |
Source: TSN SEC Form 4 filings, latest Jul 14, 2026. For informational purposes only — not investment advice.
See the full TSN insider & 13F page →TSN research & analysis
Tyson Foods, Inc. company profile
Overview
Tyson Foods, Inc. (NYSE:TSN) is one of the world's largest food companies and meat processors, founded in 1935 by John W. Tyson in Springdale, Arkansas. What began as a small poultry operation has evolved into a multinational protein powerhouse that processes and distributes beef, pork, chicken, and prepared food products globally. The company went public in 1980 and has grown through both organic expansion and strategic acquisitions to become a dominant force in the American food supply chain. Today, Tyson Foods operates processing facilities across the United States and internationally, serving grocery retailers, restaurants, food service operations, and consumers with a diverse portfolio of fresh, frozen, and value-added protein products under iconic brands like Jimmy Dean, Hillshire Farm, and Ball Park.
Business
Tyson Foods operates as an integrated protein company across four primary business segments that collectively generated over $53 billion in revenue in fiscal 2024. The company's business model spans the entire protein supply chain, from raising livestock to delivering finished products to consumers. Chicken Segment (approximately 32% of revenue): This segment represents Tyson's original business and includes the complete chicken production cycle. The company raises chickens from breeding stock, operates hatcheries, manages grow-out farms, and processes birds into fresh, frozen, and value-added chicken products. Products range from basic commodity chicken parts to fully-cooked, seasoned, and branded chicken items for retail and food service customers. Beef Segment (approximately 37% of revenue): Tyson operates cattle processing facilities that purchase live fed cattle from independent producers. The company processes these cattle into primal and sub-primal cuts, case-ready beef products for retail, and ground beef. The segment also produces specialty products like hides and exports beef to international markets. Prepared Foods Segment (approximately 18% of revenue): This higher-margin segment manufactures and markets branded, value-added food products including breakfast sausages, lunch meats, hot dogs, pizza toppings, and ready-to-eat meals. Key brands include Jimmy Dean breakfast products, Hillshire Farm deli meats, Ball Park hot dogs, and various ethnic and convenience food items. Pork Segment (approximately 12% of revenue): Similar to beef operations, this segment processes live market hogs into fresh pork cuts, case-ready products, and specialty items. The company focuses on operational efficiency and value-added pork products to differentiate from commodity pork processing. The company also operates an International division that exports products globally and manages operations in foreign markets, representing a growing but smaller portion of overall revenue.
Revenue model
Tyson Foods generates revenue primarily through product sales across its four protein segments, operating on different margin profiles and business models. The Beef and Pork segments function largely as processing operations with relatively thin margins (typically 3-7%), where the company purchases live animals from independent producers, processes them into cuts and products, and sells to distributors, retailers, and food service companies. These segments are heavily influenced by commodity cycles and the spread between input costs (live cattle/hog prices) and output prices (processed meat prices). The Chicken segment operates as a more integrated model where Tyson controls more of the supply chain, including breeding, hatching, and grow-out operations through contract farmers. This segment typically achieves higher margins (5-8%) and provides more operational control, though it requires significant capital investment in facilities and is sensitive to feed grain costs, which represent about 60% of production costs. The Prepared Foods segment generates the highest margins (8-10%) by transforming basic proteins into higher-value branded products like Jimmy Dean sausages and Hillshire Farm lunch meats. This segment benefits from brand recognition, customer loyalty, and the ability to charge premium prices for convenience and taste. Key factors that increase margins include operational efficiency improvements, favorable commodity spreads, strong consumer demand for protein, successful product innovation, and effective brand marketing. Margin pressures come from rising feed costs (corn and soybean meal), increased labor and transportation expenses, competitive pricing pressure, unfavorable livestock cycles, regulatory compliance costs, and consumer trade-down during economic stress. The company's integrated model and diversified protein portfolio help mitigate some commodity volatility, though cyclical pressures remain significant across all segments.
Competitive moat
Tyson Foods possesses a moderate economic moat built primarily on scale advantages, integrated operations, and brand recognition, though the moat strength varies significantly across business segments. The company's most defensible position lies in its Prepared Foods segment, where established brands like Jimmy Dean and Hillshire Farm command consumer loyalty and premium pricing. These brands benefit from decades of marketing investment, widespread distribution relationships, and shelf space that would be expensive for competitors to replicate. The company's scale advantages are substantial across all segments, with Tyson processing approximately 20% of U.S. beef, 18% of pork, and 20% of chicken. This scale provides cost advantages in procurement, processing efficiency, transportation, and customer relationships with major retailers and food service operators. The integrated chicken operations, where Tyson controls breeding, hatching, growing, and processing, create additional competitive advantages through supply chain control and quality consistency. However, the moat faces several challenges. The beef and pork segments operate in highly commoditized markets where differentiation is limited and margins are thin. These segments are vulnerable to new entrants with sufficient capital and face ongoing pressure from alternative proteins, changing consumer preferences toward plant-based options, and potential regulatory changes around animal welfare and environmental concerns. The company's heavy reliance on commodity protein markets makes it susceptible to cyclical pressures and limits pricing power. Competition comes from other large protein processors like JBS, Cargill, and Hormel, as well as emerging threats from alternative protein companies and changing food distribution patterns. The rise of direct-to-consumer meat delivery services and plant-based alternatives represents potential long-term disruption, though these remain relatively small market segments. Overall, Tyson's moat is moderate but faces increasing pressure from industry evolution and changing consumer preferences.
Risks & safety
Tyson Foods presents a moderate margin of safety with mixed financial health indicators reflecting the cyclical nature of the protein industry. • Liquidity and Solvency: Strong liquidity position with $992 million in cash and $4.5 billion total liquidity as of Q2 2025. Current ratio of 1.67x indicates adequate short-term debt coverage. However, negative free cash flow of -$378 million in Q2 2025 raises concerns about cash generation consistency. • Debt Management: Debt-to-equity ratio of 0.49x represents manageable leverage. Net leverage reduced from 4.1x to 2.3x over recent periods, showing improvement toward the company's 2x target. Successfully paid off $750 million term loan in early 2025. • Valuation Metrics: Trading at P/E ratio around 14-15x based on recent earnings, which appears reasonable for a cyclical company. However, EV/EBITDA of 75x in Q2 2025 reflects very low EBITDA due to cyclical pressures, making traditional metrics less reliable. • Operational Concerns: Highly cyclical earnings with significant quarterly volatility. Q2 2025 net income of only $14 million on $13 billion revenue demonstrates margin pressure. Full-year guidance suggests improvement but remains dependent on commodity cycles. • Dividend Coverage: Maintains dividend payments despite earnings volatility, though coverage ratios fluctuate significantly with cyclical performance. The margin of safety is moderate, supported by strong market position and improving operational metrics, but constrained by cyclical earnings volatility and commodity exposure.
Recent development
Over the past few years, Tyson Foods has undergone significant strategic transformation focused on operational excellence and portfolio optimization. The company implemented a major productivity program that delivered $700 million in annual savings, while simultaneously investing heavily in automation and digital capabilities across its processing network. A key strategic pivot involved optimizing the production footprint by closing underperforming facilities, including six chicken plants and two case-ready meat facilities, to improve overall efficiency and capacity utilization. The company has prioritized strengthening its higher-margin Prepared Foods segment through aggressive innovation and brand investment. Recent product launches include Jimmy Dean Griddle Cakes and expanded distribution of core branded products, while eliminating petroleum-based synthetic dyes to meet evolving consumer preferences. The Chicken segment underwent a comprehensive operational overhaul, achieving the best quarterly performance in eight years through improved demand planning, enhanced hatch rates, and better supply-demand alignment. Tyson has also launched a transformational logistics network optimization program expected to generate $200 million in annual savings by 2030 through new cold storage facilities and improved distribution efficiency. The International division has been restructured with new leadership and improved operational fundamentals, resulting in record quarterly performance. Additionally, the company has focused on strengthening customer partnerships, particularly in the food service channel, while expanding its value-added and fully-cooked product portfolio to capture higher margins and meet evolving consumer demands for convenience and quality.
TSN company profile · for informational purposes only — not investment advice.
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