Tyson Foods Inc (TSN)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,070,000 | -677,000 | 4,138,000 | 4,028,000 | 2,654,000 |
| Revenue | US$ in thousands | 53,309,000 | 52,881,000 | 53,282,000 | 47,049,000 | 43,185,000 |
| Pretax margin | 2.01% | -1.28% | 7.77% | 8.56% | 6.15% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,070,000K ÷ $53,309,000K
= 2.01%
The pretax margin of Tyson Foods Inc has shown variability over the past five years. In Sep 2024, the pretax margin stood at 2.01%, indicating that for every dollar of revenue generated, the company retained approximately 2 cents as pre-tax profit. This represented an improvement compared to the previous year when the pretax margin was negative (-1.28%), suggesting that the company had managed to turn a profit before accounting for taxes.
However, the pretax margin in Sep 2024 was lower than the figures reported in Sep 2022 (7.77%), Sep 2021 (8.56%), and Sep 2020 (6.15%). This indicates a decline in profitability compared to the previous years. It is essential to further investigate the factors contributing to this decrease and understand the company's operational efficiency, cost management, revenue generation, and overall performance to assess the company's financial health accurately.
Peer comparison
Sep 30, 2024