Tyson Foods Inc (TSN)
Pretax margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -677,000 | 4,138,000 | 4,028,000 | 2,654,000 | 2,361,000 |
| Revenue | US$ in thousands | 52,881,000 | 53,282,000 | 47,049,000 | 43,185,000 | 42,405,000 |
| Pretax margin | -1.28% | 7.77% | 8.56% | 6.15% | 5.57% |
September 30, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $-677,000K ÷ $52,881,000K
= -1.28%
The pretax margin of Tyson Foods, Inc. has fluctuated over the past five years. In the most recent period ending September 30, 2023, the pretax margin decreased to -1.28%, indicating a decline in profitability before considering taxes. This is a notable decrease from the previous year, where the pretax margin stood at 7.79% on October 1, 2022.
Looking further back, the pretax margin was 8.59% on October 2, 2021, showing a slight decline from the prior year. On October 3, 2020, the pretax margin was 6.17%, indicating a modest increase from the previous year. The oldest period in consideration, September 28, 2019, saw the pretax margin at 5.73%.
The fluctuation in pretax margin over the years may be indicative of changing operational efficiency, cost management, and potential external factors affecting the company's profitability. It would be prudent to conduct further analysis to understand the specific reasons behind these fluctuations.
Peer comparison
Sep 30, 2023