Tyson FOODS, Inc. (TSN) intrinsic value & 10-year financials
Tyson FOODS, Inc. (TSN) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 4.4% a year to $54.4B, with an average return on invested capital of 9.3%.
- Graham intrinsic value
- —
- Share price (Oct 20, 2026)
- $54.00
- Market cap
- $19.3B
- Revenue (FY2025)
- $54.4B
- Revenue growth (10-yr CAGR)
- 4.4%
- ROIC (10-yr avg)
- 9.3%
- Free cash flow (FY2025)
- $1.2B
TSN 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $54.4B | $474.0M | $1.33 | $1.2B | 2.0% | 2.8% |
| FY2024 | $53.3B | $800.0M | $2.25 | $1.5B | 2.6% | 4.1% |
| FY2023 | $52.9B | -$648.0M | -$1.87 | -$187.0M | -0.7% | -1.5% |
| FY2022 | $53.3B | $3.2B | $8.92 | $800.0M | 8.3% | 13.8% |
| FY2021 | $47.0B | $3.0B | $8.34 | $2.6B | 9.3% | 13.8% |
| FY2020 | $43.2B | $2.1B | $5.86 | $2.7B | 7.2% | 10.0% |
| FY2019 | $42.4B | $2.0B | $5.52 | $1.3B | 6.7% | 10.8% |
| FY2018 | $40.1B | $3.0B | $8.19 | $1.8B | 7.6% | 15.3% |
| FY2017 | $38.3B | $1.8B | $4.79 | $1.5B | 7.7% | 11.3% |
| FY2016 | $36.9B | $1.8B | $4.53 | $2.0B | 7.7% | 12.5% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Tyson Foods has demonstrated mature, steady growth, with revenue compounding at 4.4% annually over the past decade.
Tyson Foods returns on capital have been average, hovering around 9.3% ROIC over the decade.
Tyson Foods has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Tyson Foods is modeled at -12.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-19.46 per share.