Tyson Foods Inc (TSN)
Return on equity (ROE)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 800,000 | -648,000 | 3,238,000 | 3,047,000 | 2,061,000 |
| Total stockholders’ equity | US$ in thousands | 18,390,000 | 18,133,000 | 19,702,000 | 17,723,000 | 15,254,000 |
| ROE | 4.35% | -3.57% | 16.43% | 17.19% | 13.51% |
September 30, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $800,000K ÷ $18,390,000K
= 4.35%
Over the past five years, Tyson Foods Inc's return on equity (ROE) has exhibited some fluctuations. The ROE was negative in the fiscal year ending September 30, 2023, indicating that the company generated a net loss relative to its equity during that period. However, in the subsequent years, the ROE showed improvement, reaching 16.43% in 2022 and further increasing to 17.19% in 2021. This suggests that Tyson Foods Inc became more efficient in using its equity to generate profits during these years.
In the most recent fiscal year ending September 30, 2024, Tyson Foods Inc experienced a decrease in ROE to 4.35%, reflecting a decline in profitability relative to the equity invested. It is important to investigate the reasons behind this decrease to assess the company's financial performance and sustainability.
Overall, while Tyson Foods Inc has shown positive ROE in recent years, investors and stakeholders may want to closely monitor future ROE trends to ensure the company's continued profitability and efficient use of equity capital.
Peer comparison
Sep 30, 2024