Tyson Foods Inc (TSN)
Operating profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,409,000 | 421,000 | -270,000 | -631,000 | -395,000 | 834,000 | 2,217,000 | 3,422,000 | 4,410,000 | 5,553,000 | 5,582,000 | 5,146,000 | 4,396,000 | 3,449,000 | 3,160,000 | 2,955,000 | 3,008,000 | 2,654,000 | 2,672,000 | 2,749,000 |
| Revenue (ttm) | US$ in thousands | 53,309,000 | 53,092,000 | 52,879,000 | 52,940,000 | 52,881,000 | 53,270,000 | 53,625,000 | 53,609,000 | 53,282,000 | 52,356,000 | 51,339,000 | 49,522,000 | 47,049,000 | 45,698,000 | 43,242,000 | 42,830,000 | 43,185,000 | 42,609,000 | 43,472,000 | 43,027,000 |
| Operating profit margin | 2.64% | 0.79% | -0.51% | -1.19% | -0.75% | 1.57% | 4.13% | 6.38% | 8.28% | 10.61% | 10.87% | 10.39% | 9.34% | 7.55% | 7.31% | 6.90% | 6.97% | 6.23% | 6.15% | 6.39% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,409,000K ÷ $53,309,000K
= 2.64%
The operating profit margin of Tyson Foods Inc has fluctuated over the past few quarters. In the most recent quarter ending September 30, 2024, the operating profit margin was 2.64%, showing an improvement compared to the previous quarter. However, it is still relatively low compared to the higher margins seen in the quarters of 2022.
The company experienced a significant drop in operating profit margin in the first quarter of 2024, with a negative margin of -0.51%. This could indicate operational challenges or increased expenses during that period. The margins then gradually improved in the following quarters, showing a positive trend until the recent quarter.
Looking back at the trend over the past few years, Tyson Foods Inc had relatively stable and healthy operating profit margins above 6% before the decline in the first quarter of 2024. The company will need to closely monitor and address the factors impacting its operating profit margin to ensure sustained profitability and operational efficiency in the future.
Peer comparison
Sep 30, 2024