Tyson Foods Inc (TSN)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -953,000 | -677,000 | 553,000 | 1,944,000 | 3,163,000 | 4,138,000 | 5,303,000 | 5,282,000 | 4,822,000 | 4,028,000 | 3,030,000 | 2,733,000 | 2,612,000 | 2,654,000 | 2,287,000 | 2,351,000 | 2,330,000 | 2,361,000 | 2,642,000 | 2,635,000 |
| 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 |
| Pretax margin | -1.80% | -1.28% | 1.04% | 3.63% | 5.90% | 7.77% | 10.13% | 10.29% | 9.74% | 8.56% | 6.63% | 6.32% | 6.10% | 6.15% | 5.37% | 5.41% | 5.42% | 5.57% | 6.36% | 6.48% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-953,000K ÷ $52,940,000K
= -1.80%
Tyson Foods Inc has shown fluctuating pretax margins over the periods indicated in the table. The pretax margin measures the company's profitability before accounting for taxes as a percentage of its total revenue.
The pretax margin for Tyson Foods Inc decreased from 5.90% in December 2022 to -1.80% in December 2023, marking a significant decline in profitability. Subsequently, the pretax margin fluctuated, with slight improvements in some quarters such as March 2023 and June 2023, before decreasing again in September 2023.
Overall, the downward trend in pretax margins in recent periods may indicate potential challenges or inefficiencies impacting Tyson Foods Inc's profitability. Further analysis of the company's expenses, revenue streams, and operational efficiency may be warranted to understand the factors contributing to these fluctuations in the pretax margin.
Peer comparison
Dec 31, 2023