Tyson Foods, Inc. (TSN) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
2200 DON TYSON PARKWAY SPRINGDALE, AR 72762-6999 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| Industry (SIC) | 2015 - Poultry Slaughtering and Processing (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2023 MRQ | 9/30/2023 | 12/31/2022 MRQ | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 573 | 654 | 1,031 | 2,507 | 1,420 | 484 | |||
| Cash and cash equivalents | 573 | 654 | 1,031 | 2,507 | 1,420 | 484 | |||
| Receivables | 2,476 | 2,295 | 2,577 | 2,400 | 1,952 | 2,173 | |||
| Inventory, net of allowances, customer advances and progress billings | 5,328 | 5,596 | 5,514 | 4,382 | 3,859 | 4,108 | |||
| Inventory | 5,328 | 5,596 | 5,514 | 4,382 | 3,859 | 4,108 | |||
| Other current assets | 345 | 408 | 508 | 533 | 367 | 404 | |||
| Total current assets: | 8,722 | 8,953 | 9,630 | 9,822 | 7,598 | 7,169 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 9,634 | 9,120 | 8,685 | 7,837 | 7,596 | 7,282 | |||
| Intangible assets, net (including goodwill) | 15,976 | 16,763 | 16,765 | 17,068 | 17,673 | 17,881 | |||
| Goodwill | 9,878 | 10,550 | 10,513 | 10,549 | 10,899 | 10,844 | |||
| Intangible assets, net (excluding goodwill) | 6,098 | 6,213 | 6,252 | 6,519 | 6,774 | 7,037 | |||
| Other noncurrent assets | 1,919 | 1,842 | 1,741 | 1,582 | 1,589 | 765 | |||
| Total noncurrent assets: | 27,529 | 27,725 | 27,191 | 26,487 | 26,858 | 25,928 | |||
| TOTAL ASSETS: | 36,251 | 36,678 | 36,821 | 36,309 | 34,456 | 33,097 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,594 | 2,530 | 2,483 | 2,225 | 1,876 | 1,926 | |||
| Accounts payable | 2,594 | 2,530 | 2,483 | 2,225 | 1,876 | 1,926 | |||
| Debt | 1,895 | 490 | 459 | 1,067 | 548 | 2,102 | |||
| Other liabilities | 2,010 | 2,094 | 2,371 | 3,033 | 1,810 | 1,485 | |||
| Total current liabilities: | 6,499 | 5,114 | 5,313 | 6,325 | 4,234 | 5,513 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 7,611 | 7,859 | 7,862 | 8,281 | 10,791 | 9,830 | |||
| Other undisclosed long-term debt and lease obligation | 7,611 | 7,859 | 7,512 | 7,913 | 10,423 | 9,830 | |||
| Liabilities, other than long-term debt | 3,886 | 3,918 | 3,835 | 3,849 | 4,045 | 1,172 | |||
| Deferred income tax liabilities | 2,308 | 2,473 | 2,458 | 2,195 | 2,317 | ||||
| Other liabilities | 1,578 | 1,445 | 1,377 | 1,654 | 1,728 | 1,172 | |||
| Operating lease, liability | 350 | 368 | 368 | ||||||
| Other undisclosed noncurrent liabilities | 2,356 | ||||||||
| Total noncurrent liabilities: | 11,497 | 11,777 | 11,697 | 12,130 | 14,836 | 13,358 | |||
| Total liabilities: | 17,996 | 16,891 | 17,010 | 18,455 | 19,070 | 18,871 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 18,133 | 19,635 | 19,702 | 17,723 | 15,254 | 14,082 | |||
| Treasury stock, value | (4,972) | (4,944) | (4,683) | (4,138) | (4,145) | (4,011) | |||
| Additional paid in capital | 4,560 | 4,524 | 4,553 | 4,486 | 4,433 | 4,378 | |||
| Accumulated other comprehensive loss | (260) | (215) | (297) | (172) | (179) | (117) | |||
| Retained earnings | 18,760 | 20,225 | 20,084 | 17,502 | 15,100 | 13,787 | |||
| Other undisclosed equity, attributable to parent | 45 | 45 | 45 | 45 | 45 | 45 | |||
| Equity, attributable to noncontrolling interest | 122 | 152 | 109 | 131 | 132 | 144 | |||
| Total equity: | 18,255 | 19,787 | 19,811 | 17,854 | 15,386 | 14,226 | |||
| TOTAL LIABILITIES AND EQUITY: | 36,251 | 36,678 | 36,821 | 36,309 | 34,456 | 33,097 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2023 TTM | 9/30/2023 | 12/31/2022 TTM | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 52,881 | 53,609 | 53,282 | 47,049 | 43,185 | 42,405 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (50,250) | (47,988) | (46,614) | (40,523) | (37,801) | (37,383) | ||
| Gross profit: | 2,631 | 5,621 | 6,668 | 6,526 | 5,384 | 5,022 | ||
| Operating expenses | (3,026) | (2,199) | (2,258) | (2,130) | (2,376) | (2,195) | ||
| Operating income (loss): | (395) | 3,422 | 4,410 | 4,396 | 3,008 | 2,827 | ||
| Nonoperating expense | (283) | (249) | (261) | (355) | (344) | (396) | ||
| Other nonoperating income | 42 | 77 | 87 | 65 | 131 | 55 | ||
| Interest and debt expense | (355) | (349) | (365) | (428) | (485) | (462) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,033) | 2,824 | 3,784 | 3,613 | 2,179 | 1,969 | ||
| Other undisclosed income from continuing operations before income taxes | 355 | 349 | 365 | 428 | 485 | 462 | ||
| Income (loss) from continuing operations before income taxes: | (678) | 3,173 | 4,149 | 4,041 | 2,664 | 2,431 | ||
| Income tax expense (benefit) | 29 | (730) | (900) | (981) | (593) | (396) | ||
| Income (loss) from continuing operations: | (649) | 2,443 | 3,249 | 3,060 | 2,071 | 2,035 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | 2,123 | 3,249 | 3,060 | 2,071 | 2,035 | |
| Net income (loss): | (649) | 2,443 | 3,249 | 3,060 | 2,071 | 2,035 | ||
| Net income (loss) attributable to noncontrolling interest | 1 | (10) | (11) | (13) | (10) | (13) | ||
| Net income (loss) available to common stockholders, diluted: | (648) | 2,433 | 3,238 | 3,047 | 2,061 | 2,022 | ||
Comprehensive Income ($ in millions)
| 12/31/2023 TTM | 9/30/2023 | 12/31/2022 TTM | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (649) | 2,443 | 3,249 | 3,060 | 2,071 | 2,035 | ||
| Other comprehensive income (loss) | 37 | (43) | (125) | 7 | (62) | (102) | ||
| Comprehensive income (loss): | (612) | 2,400 | 3,124 | 3,067 | 2,009 | 1,933 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 1 | (10) | (11) | (13) | (10) | (13) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (611) | 2,390 | 3,113 | 3,054 | 1,999 | 1,920 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.