Tyson Foods Inc (TSN)
Operating profit margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -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 | 2,770,000 | 2,981,000 | 2,987,000 |
| Revenue (ttm) | US$ in thousands | 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 | 42,405,000 | 41,520,000 | 40,686,000 |
| Operating profit margin | -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% | 6.53% | 7.18% | 7.34% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-631,000K ÷ $52,940,000K
= -1.19%
The operating profit margin of Tyson Foods Inc has fluctuated over the past few quarters. In the most recent quarter, as of December 31, 2023, the operating profit margin was -1.19%, indicating that the company had a negative margin and incurred operating losses. This is a significant decrease from the previous quarter where the margin was -0.75%.
Looking back over the last year or so, the operating profit margin peaked at 10.87% in March 2022, before gradually declining to its current level. Despite the recent decrease, it is important to note that the company had generally maintained a healthy operating profit margin above 6% prior to the recent downturn.
The fluctuation in the operating profit margin could be attributed to various internal and external factors impacting Tyson Foods Inc's operating performance, such as changes in input costs, pricing pressures, competition, or operational efficiencies. It would be prudent for the company to closely monitor and address the factors contributing to the recent decline in the operating profit margin in order to improve profitability and financial performance moving forward.
Peer comparison
Dec 31, 2023