Tyson Foods Inc

Tyson Foods turns chickens, cattle and hogs into meat and packaged foods. Based in Springdale, Arkansas, it sells fresh and frozen chicken, beef and pork, plus brands such as Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, State Fair and Aidells. Buyers include grocery chains, warehouse clubs, restaurant chains, distributors serving school and hospital cafeterias, the military and export customers. Walmart made up about 18.7% of sales in fiscal 2025, the company's accounting year ended September 27, 2025.

Sales that year were $54.4 billion across four segments. Beef was the largest at 39.7%, followed by Chicken at 30.9%, Prepared Foods (bacon, sausage, hot dogs, lunchmeat and prepared meals) at 18.2% and Pork at 10.6%. In chicken, Tyson controls each step: it breeds its own flocks, makes feed in its own mills and uses contract farmers to raise the birds. It does not raise cattle. Instead it buys them from independent feed yards and auctions.

This is a high-volume, low-margin business. Profit depends largely on the gap between what Tyson pays for animals and feed and what it gets for meat. In fiscal 2025, operating margin (the share of sales left after running costs) was 2%, and net profit was 0.9% of sales. Tyson sold in about 140 countries, with foreign sales of $7.4 billion.

• In Q3 FY2026 (ended Jun 27, 2026), revenue was $13.87B, down 0.1% from a year earlier, and net income was $182.0M (+198.4%).
• For fiscal 2025, revenue was $54.44B (+2.1% year over year; +4.7% a year from FY2020 to FY2025) with a 0.9% net margin.

• Over FY2021–FY2025: $0.00 in buybacks and $3.34B in dividends.
• Regular dividend per share increased 1 years in a row.
• Regular dividends per share grew +3.5% a year over 5 years (FY2020–FY2025).
• Dividends took 147% of earnings and 59.2% of free cash flow in the latest fiscal year.

Rank among 1514 US companies

Form 4 filings from 2025-10-29 to 2026-10-29 (25 read): 1 open-market purchases ($1.0M) and 1 sales ($5.8M).

Large shareholders (13G filings)

ETFs with the most weight in TSN

1. Tight cattle supply can squeeze beef profits. Tyson buys cattle on the open market, so scarcity can raise its costs. Beef was 39.7% of fiscal 2025 sales, and its annual report described limited market-ready cattle and uncertain timing for herd rebuilding.
2. Feed grain prices drive chicken costs. Feed made up roughly 53% of the cost of growing a live chicken in fiscal 2025. Tyson's operating margin was only 2% that year, so higher corn or soybean meal prices can squeeze profit.
3. Walmart accounts for nearly a fifth of sales. Walmart accounted for about 18.7% of fiscal 2025 sales, across all four segments. Tyson says an extended loss of those sales, if not replaced, could materially hurt its operations.
4. Disease and tariffs can close export markets. Foreign countries can bar US meat over disease fears or raise tariffs, cutting demand. Foreign sales were $7.4 billion in fiscal 2025, and outbreaks at home can also disrupt Tyson's own operations.
5. One partnership can exercise significant control. The annual report says Tyson Limited Partnership can exercise significant control over the company. That can leave other shareholders with less say over board elections and major decisions.
6. Plants depend on a large workforce. Tyson had about 133,000 employees on September 27, 2025. Labor shortages, high turnover, rising pay or strained relations with unions can raise costs and slow production.

• Sep 3, 2026 Investor presentation or announcement
• Aug 24, 2026 Other company announcement
• Aug 24, 2026 Major agreement signed; New debt or financial obligation; Other company announcement
• Aug 13, 2026 Investor presentation or announcement
• Aug 11, 2026 Major agreement signed; Other company announcement
• Aug 10, 2026 Other company announcement
• Aug 3, 2026 Quarterly results released
• Jun 18, 2026 Executive or board change
• Jun 9, 2026 Other company announcement
• Jun 8, 2026 Executive or board change; Investor presentation or announcement

Tyson's dividend yield (yearly dividends divided by the share price) was 3.68% as of October 28, 2026. Regular dividends per share grew about 3.5% a year from fiscal 2020 to fiscal 2025, reaching $1.95. The yearly record is uneven: the per-share total fell in fiscal 2024, leaving a one-year streak of increases. In fiscal 2025, dividends equaled 147% of earnings, more than Tyson earned, but about 59% of free cash flow (cash left after running and investing in the business). Tyson bought back no shares from fiscal 2021 through fiscal 2025.

The shares have fallen hard in downturns: 77.3% in the 2008 financial crisis and 43.6% in the 2020 COVID crash. They regained their peaks about 16 and 12 months after the lows. After a 34.6% drop in the 2022 bear market, they had not regained that peak as of October 28, 2026. A single stock carries more risk than a diversified fund.