Tyson Foods processes and markets chicken, beef and pork, and a range of prepared foods under brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park and State Fair. Customers are grocery retailers, restaurants, foodservice distributors, club stores and international customers. It is organised around beef, pork, chicken and prepared foods operations, and is headquartered in Arkansas.
Revenue comes from supplying fresh and processed meat and prepared foods to retail and foodservice customers. It totals $55.7 billion over the last twelve months, with growth of 0.7% a year across three years. The operating margin is 2.3%, and the business earns a profit of 4% on the capital invested in it. Tyson has net debt of 2.8 times EBITDA, and the dividend yield is 3.6%. On the site's X-Ray Score it receives 43 out of 100.
52-wk range $49.96 – $69.48Volume 3,337,748Daily, split-adjusted
Vitals
Market cap$20.3B
52-week range$49.96 – $69.48
Volume (last day)3,337,748
P/E (TTM)35.3
EBIT / EV yield4.5%
Free-cash-flow yield5.7%
Dividend yield3.6%
Revenue (TTM)$55.7B
Net income (TTM)$574M
Operating margin2.3%
Return on capital3.6%
Debt incl. leases$8.0B
Cash & securities$740M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$71middle half of models $61 – $83
Undervalued+23.8% to fair value
Average of the 14 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $57
Undervalued < $60Fair $60 – $86Overvalued > $86
P/E multiple
$54
P/B multiple
$61
P/S multiple
$86
EV/EBITDA multiple
$68
EV/EBIT multiple
$52
EV/revenue multiple
$92
10-year DCF, EBITDA exit
$75
5-year DCF, EBITDA exit
$68
10-year DCF, revenue exit
$76
5-year DCF, revenue exit
$71
10-year DCF, growth exit
$62
5-year DCF, growth exit
$52
Dividend discount, stable
$86
Dividend discount, multi-stage · not used
$129
Earnings power value
$86
Growth the price implies
12.7%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, but the price is low
Our models put fair value above today's price, but models can be wrong, so check the business first. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Consumer Staples peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
ValuationStrong
70/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield4.5%
Free-cash-flow yield5.7%
Fair value vs price1.2×
GrowthWeak
42/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)0.7%
EPS growth (3y)-47.0%
Growth consistency80%
ProfitabilityWeak
18/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital3.6%
Operating margin2.3%
Gross profitability9.6%
Financial healthWeak
37/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA2.8×
Interest cover3.1×
DividendsFair
51/100
Dividend is typical for its sector.
See the numbers →
Dividend yield3.6%
Dividends vs free cash flow62%
Dividend growth2.2%
Quarterly results: last 6 quarters
+0.0%Mar '25
+4.0%Jun '25
+2.2%Sep '25
+5.1%Dec '25
+4.4%Mar '26
-0.1%Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $13.9B, diluted EPS $0.52.
Other Packaged Foods & Meats companies by X-Ray Score.
SWOT analysis: Tyson Foods, Inc.
Strengthsinside the company
Free cash flow equals 5.7% of the market value, which funds dividends, buybacks or debt paydown.
Weaknessesinside the company
Return on invested capital is only 3.6% (median 4.1% for industry peers), so the business earns little above its cost of capital.
Operating margin of 2.3% is thin against 4.7% for industry peers.
Earnings per share have declined 47.0% a year over three years.
Opportunitiesvaluation and setting
The price is 24% below our fair value estimate, with the gap larger than the margin we allow for error.
Threatsvaluation and setting
No specific threat is flagged by our checks; general market and interest-rate risk still applies.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare TSN with peers and sector
Medians of 5 Packaged Foods & Meats peers and of 28 Consumer Staples stocks in our universe.
Largest peers (X-Ray Score): MDLZ36, KHC29, GIS28, MKC54, HRL42.
Metric
TSN
Peers
Sector
X-Ray Score (out of 100)
43
36
51
Valuation
70
44
53
Growth
42
29
49
Profitability
18
29
53
Financial health
37
19
54
Dividends
51
54
50
Sector leaders: highest X-Ray Score in Consumer Staples
TSN ranks #20 of 29 in Consumer Staples and #2 of 6 in Packaged Foods & Meats by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for TSN
Each factor is rated by where TSN stands among the 29 Consumer Staples stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 8 Good · 4 Average · 11 Bad of 23Growth: 0 · 2 · 1Profitability: 0 · 0 · 5Financial strength: 1 · 0 · 3Valuation: 4 · 0 · 1Cash flow: 1 · 2 · 1Efficiency: 2 · 0 · 0
Factor
TSN
Rating
Sector median
Own 5-year median
Against own history
Growth
Revenue growth, 3 years a year
+0.7%
Averagebeats 41%
+2.3%
–
–
Revenue growth, last year
+2.1%
Averagebeats 48%
+2.2%
+2.1%
≈ In line
EPS growth, 3 years a year
−47.0%
Badbeats 2%
+2.0%
–
–
Profitability
Gross margin
6.1%
Badbeats 6%
38.7%
6.8%
≈ In line
Operating margin
2.3%
Badbeats 13%
11.0%
2.6%
≈ In line
Net margin
1.0%
Badbeats 13%
6.9%
1.5%
≈ In line
Return on invested capital
3.6%
Badbeats 9%
15.2%
–
–
Return on equity
3.2%
Badbeats 10%
18.6%
4.4%
≈ In line
Financial strength
Net debt / EBITDA
2.8x
Badbeats 30%
2.0x
2.9x
≈ In line
Interest cover
3.1x
Badbeats 13%
11.8x
2.7x
≈ In line
Current ratio
1.43
Goodbeats 84%
1.04
1.55
≈ In line
Piotroski F-score
5 / 9
Badbeats 21%
6 / 9
–
–
Valuation
P/E ratio
35.3x
Badbeats 17%
25.0x
18.0x
▼ Worse
Price / book
1.1x
Goodbeats 94%
4.5x
1.2x
≈ In line
Price / sales
0.4x
Goodbeats 95%
1.8x
0.4x
≈ In line
EV / EBITDA
10.5x
Goodbeats 90%
15.2x
10.5x
≈ In line
Free cash flow yield
5.7%
Goodbeats 67%
4.8%
6.1%
≈ In line
Cash flow
Free cash flow margin
2.1%
Badbeats 13%
9.3%
2.2%
≈ In line
Cash from operations / net income
3.49
Goodbeats 94%
1.54
2.25
▲ Better
Free cash flow growth, 3 years a year
+13.7%
Averagebeats 58%
+11.0%
–
–
Accruals (lower is better)
−4.0%
Averagebeats 48%
−4.2%
–
–
Efficiency
Inventory turnover
9.0x
Goodbeats 94%
5.3x
9.2x
≈ In line
Days sales outstanding
16 days
Goodbeats 79%
35 days
17 days
≈ In line
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 4 Good · ● 5 Average · ● 7 Bad
Cash quality
Earnings backed by cashAverage
Free-cash-flow yieldGood
Risk models
Altman Z''Good
Piotroski F-ScoreBad
Growth
EPS growth (3y)Bad
Free-cash-flow growth (3y)Average
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioGood
Net debt / EBITDABad
Interest coverBad
Valuation
Fair value vs priceGood
EBIT / EV yieldAverage
Profitability
Return on invested capitalBad
Operating marginBad
Gross profitabilityBad
Each check is graded against the company's sector, not a fixed number. Checklist score 41/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$47.0B
$53.3B
$52.9B
$53.3B
$54.4B
Operating income
$4.4B
$4.4B
−$395M
$1.4B
$1.1B
Net income
$3.0B
$3.2B
−$648M
$800M
$474M
Operating cash flow
$3.8B
$2.7B
$1.8B
$2.6B
$2.2B
Operating margin
9.3%
8.3%
-0.7%
2.6%
2.0%
Free cash flow
$2.6B
$800M
−$187M
$1.5B
$1.2B
Diluted EPS
$8.34
$8.92
$-1.87
$2.25
$1.33
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
11 bullish · 0 neutral · 5 bearish
Weekly
Bullish
8 bullish · 1 neutral · 3 bearish
Monthly
Strongly bullish
6 bullish · 1 neutral · 1 bearish
Moving averages (daily)
SMA 10
54.63
Bullish
EMA 10
54.74
Bullish
SMA 20
52.99
Bullish
EMA 20
53.87
Bullish
SMA 50
53.79
Bullish
EMA 50
54.13
Bullish
SMA 100
55.55
Bullish
EMA 100
55.57
Bullish
SMA 200
58.90
Bearish
EMA 200
56.67
Bullish
Oscillators (daily)
RSI (14)
71.06
Bearish
MACD (12, 26)
0.76
Bullish
Momentum (12)
9.81
Bullish
Stochastic %K (14)
98.11
Bearish
Williams %R (14)
-1.89
Bearish
CCI (20)
159.7
Bearish
Pivot points (classic, last session)
S3
54.96
S2
55.42
S1
56.25
Pivot
56.71
R1
57.54
R2
58.00
R3
58.83
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
2.04 USD
Yield on today's price
3.57%
Frequency
Quarterly
Next ex-dividend date
1 Dec 2026
Ex-dividend date
Amount per share
(upcoming)
0.5100
0.5100
0.5100
0.5100
0.5100
0.5000
0.5000
0.5000
0.5000
0.4900
0.4900
0.4900
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
The eight funds with the largest weight in TSN among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
TSN stock splits
TSN has split its stock 2 times since 1991. The latest was a 3-for-2 split on 18 Feb 1997.