Tyson Foods Inc (TSN)
Net profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 800,000 | -648,000 | 3,238,000 | 3,047,000 | 2,061,000 |
| Revenue | US$ in thousands | 53,309,000 | 52,881,000 | 53,282,000 | 47,049,000 | 43,185,000 |
| Net profit margin | 1.50% | -1.23% | 6.08% | 6.48% | 4.77% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $800,000K ÷ $53,309,000K
= 1.50%
The net profit margin of Tyson Foods Inc has fluctuated over the past five years. In 2024, the net profit margin stood at 1.50%, indicating that the company retained 1.50% of its total revenue as profit after accounting for all expenses and taxes.
It is worth noting that in 2023, the net profit margin was negative at -1.23%, suggesting that the company incurred a loss instead of generating profit during that period.
The net profit margin rebounded in 2022 to 6.08% and further increased to 6.48% in 2021, reflecting a strong performance in profitability. However, in 2020, the net profit margin was slightly lower at 4.77%.
Overall, the trend in Tyson Foods Inc's net profit margin indicates some variability in profitability levels over the past five years, with a mix of positive and negative performances. Investors and stakeholders may want to further investigate the reasons behind these fluctuations to assess the company's financial health and sustainability.
Peer comparison
Sep 30, 2024