Modified date: January 25, 2026

Tyson Foods Inc: Comprehensive Corporate Profile

Quick Facts / Company Snapshot

Company Name: Tyson Foods, Inc.
Headquarters: 2200 West Don Tyson Parkway, Springdale, Arkansas.
Founded: 1935.
Stock Ticker: TSN (New York Stock Exchange).
Total Sales (FY2025): $54,441 million.
Operating Income (FY2025): $1,098 million.
Net Income Attributable to Tyson (FY2025): $474 million.
Diluted Earnings Per Share (FY2025): $1.33.
Total Assets: $36,658 million.
Total Equity: $18,647 million (Retained Earnings).
Global Team Members: Approximately 133,000.
Key Segments: Beef, Chicken, Prepared Foods, Pork.
Largest Customer: Walmart Inc. (18.7% of consolidated sales).
Chicken Processing Capacity: 42 million head per week.
Beef Processing Capacity: 155,000 head per week.
Pork Processing Capacity: 451,000 head per week.
Capital Expenditures (FY2025): $978 million.
Dividend Per Share (Class A, FY2025): $2.00 annualized rate.
Voting Control: Tyson Limited Partnership (approx. 71.94% voting power).

Company Overview

Tyson Foods, Inc. stands as a world-class food company and a recognized leader in protein production. Unified by the purpose “We Feed the World Like Family™,” the company has cultivated a broad portfolio of iconic products and brands that serve consumers globally. Headquartered in Springdale, Arkansas, the organization operates with a dedication to bringing high-quality food to every table safely and affordably, both for current and future generations.

As of September 27, 2025, the company employed approximately 133,000 team members globally. The company’s core values drive its operations, emphasizing integrity, value creation for shareholders, customers, communities, and team members, inclusivity, faith-friendliness, workplace safety, and stewardship of animals, land, and the environment.

The operational model is vertically integrated, particularly in its poultry operations, allowing for tight control over the supply chain from breeding stock to finished product. Beyond poultry, the company is a major processor of live fed cattle and live market hogs, fabricating them into dressed carcasses, primal and sub-primal cuts, and case-ready products. The company also produces a wide range of fresh, value-added, frozen, and refrigerated food products.

Strategic investments are channelled through subsidiaries like Tyson New Ventures, LLC, which focuses on breakthrough technologies, business models, and products with the potential to transform the food industry. This includes investments in innovative forms of protein, animal welfare improvements, water management, and sustainability initiatives.

Business Segments

The company operates through four primary reportable segments: Beef, Chicken, Prepared Foods, and Pork. Additionally, an International/Other category captures foreign operations and corporate overhead.

Beef

Total Sales (FY2025): $21,623 million
Percentage of Total Revenue: 39.72%

The Beef segment represents the largest portion of the company’s revenue stream. Operations in this segment focus on processing live fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products.

Operational Scope: The segment markets products domestically to food retailers, foodservice distributors, restaurant operators, hotel chains, and noncommercial foodservice establishments such as schools and healthcare facilities. It also serves international export markets.
Specialty Products: Beyond standard meat cuts, the segment derives value from hides, rendered products, and variety meats sold to further processors and other buyers.
Logistics: The segment maintains logistics operations to facilitate the movement of products through the supply chain.
Supply Chain: The segment does not own cattle-raising facilities but employs cattle buyers who purchase live cattle on the open spot market from independent feed yards and public auctions.

Chicken

Total Sales (FY2025): $16,837 million
Percentage of Total Revenue: 30.93%

The Chicken segment is a fully vertically integrated operation involving the raising and processing of live chickens into fresh, frozen, and value-added products.

Operational Scope: This segment includes domestic operations related to breeding stock, contract farming, feed production, processing, further-processing, marketing, and transportation.
Product Focus: Value-added chicken products are a key component, including breaded chicken strips, nuggets, patties, and other ready-to-fix or fully cooked chicken parts.
Breeding: Through its subsidiary Cobb-Vantress, the segment is a leading global supplier of poultry breeding stock, investing heavily in R&D to optimize flock characteristics.
Supply Chain: Operations include feed mills to produce scientifically formulated feeds. In fiscal 2025, feed ingredients like corn and soybean meal accounted for roughly 53% of the cost of growing a live chicken domestically.

Prepared Foods

Total Sales (FY2025): $9,930 million
Percentage of Total Revenue: 18.24%

The Prepared Foods segment focuses on manufacturing and marketing frozen and refrigerated food products. This segment houses many of the company’s most recognized consumer brands.

Operational Scope: Operations include the production of ready-to-cook and ready-to-eat sandwiches, sandwich components (flame-grilled hamburgers, Philly steaks), pepperoni, bacon, breakfast sausage, turkey, lunchmeat, hot dogs, flour and corn tortillas, appetizers, snacks, prepared meals, ethnic foods, and side dishes.
Market Reach: Products are sold to grocery retailers, grocery wholesalers, meat distributors, warehouse club stores, military commissaries, and convenience stores.
Sourcing: Raw materials include commodity-based items like beef, pork, chicken, turkey, flour, vegetables, cheese, eggs, and seasonings, sourced partly from other internal segments and partly from external suppliers.

Pork

Total Sales (FY2025): $5,781 million
Percentage of Total Revenue: 10.62%

The Pork segment involves the processing of live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products.

Operational Scope: Similar to the Beef segment, products are marketed to retailers, distributors, restaurants, and noncommercial establishments, as well as export markets.
Live Swine: The segment includes a live swine group that raises a small number of weanling swine to sell to independent finishers and supply a minimal amount of market hogs for processing.
Procurement: The majority of live hog supply is obtained through procurement relationships with independent producers, with hog buyers executing purchase agreements of various durations.

International/Other

Total Sales (FY2025): $2,291 million
Percentage of Total Revenue: 4.21%

This category primarily includes foreign operations in China, Malaysia, Mexico, South Korea, Thailand, and the Kingdom of Saudi Arabia. It also captures corporate overhead related to Tyson New Ventures, LLC.

History and Evolution

Founded in 1935 by John W. Tyson, the company has grown under four generations of family leadership. From its origins, the business has expanded significantly to become a global leader in the food industry.

Leadership Continuity: The company stresses its family-led heritage as a core part of its identity, currently operating under the purpose “We Feed the World Like Family™.”
Expansion: Over the decades, the company has moved beyond its initial focus to encompass a broad multi-protein portfolio including beef, pork, and prepared foods, alongside its traditional chicken operations.
Innovation: The company has established facilities like the Discovery Center in Springdale, Arkansas, to drive product innovation and faster speed-to-market.

Products and Services

The company offers a diverse array of protein-based and prepared food products across its various segments.

Fresh and Frozen Meat Products

Revenue Source: Primarily derived from the Beef, Pork, and Chicken segments.
Beef Products: Dressed beef carcasses, primal and sub-primal meat cuts, case-ready beef, hides, rendered products, and variety meats.
Pork Products: Dressed pork carcasses, primal and sub-primal cuts, case-ready pork, and variety meats.
Chicken Products: Fresh chicken, frozen chicken, value-added chicken products (breaded strips, nuggets, patties), and animal/pet food ingredients.

Prepared Food Products

Revenue Source: Primarily derived from the Prepared Foods segment.
Ready-to-Eat/Cook: Sandwiches, flame-grilled hamburgers, Philly steaks.
Processed Meats: Pepperoni, bacon, breakfast sausage, turkey, lunchmeat, hot dogs, processed meats.
Sides and Snacks: Flour and corn tortilla products, appetizers, snacks, prepared meals, ethnic foods, side dishes, meat dishes, and breadsticks.

Breeding Stock

Revenue Source: Chicken segment (International and Domestic).
Service: Through Cobb-Vantress, the company supplies poultry breeding stock globally. This involves research and development to breed flocks with desirable characteristics for the poultry industry.

Logistics and Supply Chain Services

Scope: Each segment (Beef, Pork, Chicken, Prepared Foods) operates logistics operations to move products through the supply chain.
Distribution: The company utilizes a national distribution system involving owned or leased cold storage warehouses and transportation systems to consolidate orders and decrease shipping costs.

Brand Portfolio

The company manages a portfolio of iconic brands that are widely recognized by consumers. These brands are primarily housed within the Prepared Foods and Chicken segments.

Tyson®

Category: Chicken, Prepared Foods.
Profile: The flagship brand representing a wide range of fresh, frozen, and value-added poultry products.

Jimmy Dean®

Category: Prepared Foods (Breakfast).
Profile: A leading brand for breakfast sausages, sandwiches, and bowls.

Hillshire Farm®

Category: Prepared Foods (Lunchmeat, Sausage).
Profile: Known for smoked sausages, lunchmeats, and snacking products.

Ball Park®

Category: Prepared Foods (Hot Dogs).
Profile: A prominent brand for hot dogs and hamburger buns.

Wright®

Category: Prepared Foods (Bacon).
Profile: Specializes in thick-cut, premium bacon products.

State Fair®

Category: Prepared Foods (Corn Dogs).
Profile: A leading brand for corn dogs.

Aidells®

Category: Prepared Foods (Artisanal Sausage).
Profile: Offers artisanal sausages and meatballs with unique flavor combinations.

ibp®

Category: Beef and Pork (Fresh Meats).
Profile: A trusted brand for fresh beef and pork products in the B2B and retail sectors.

Gallo Salame®

Category: Prepared Foods.
Profile: Specializes in salami and Italian-style cured meats.

Geographical Presence

The company sells products in approximately 140 countries and regions. While the majority of operations and sales are domestic, the international footprint is significant.

United States

Revenue Impact: Approximately 95% of sales to external customers were sourced from the United States.
Assets: Long-lived assets in the U.S. totaled approximately $9.5 billion.
Workforce: Approximately 116,000 team members are employed in the U.S., with roughly 110,000 at non-corporate sites.

International Markets

Sales: Sales to customers in foreign countries totaled $7.4 billion in fiscal 2025.
- Export Sales: $4.8 billion related to export sales from the United States.
Key Markets: Canada, Central America, China, European Union, United Kingdom, Japan, Mexico, Malaysia, Middle East, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam.
Assets: Long-lived assets in foreign locations totaled approximately $0.7 billion.
Foreign Operations Structure:
- China & South Korea: Vertically integrated chicken production and multi-protein further processing.
- Thailand: Vertically integrated chicken production.
- Malaysia: Multi-protein further processing and joint ventures in poultry.
- Europe/UK: Sales of chicken products produced from global operations and co-packers.
- Mexico: Trading company selling chicken and prepared foods; previous production operations were sold.
- Saudi Arabia: Producer and distributor of value-added cooked chicken and beef.

Tyson Foods Inc logo Comprehensive Corporate Profile

Financial Performance Analysis

The fiscal year 2025 (ending September 27, 2025) showed a complex financial landscape with revenue growth but challenges in specific segments like Beef.

Consolidated Trends (Three-Year Comparison)

Sales (2025): $54,441 million.
Sales (2024): $53,309 million.
Sales (2023): $52,881 million.
Net Income/Loss Attributable to Tyson (2025): $474 million.
Net Income/Loss Attributable to Tyson (2024): $800 million.
Net Income/Loss Attributable to Tyson (2023): $(648) million.

Profit and Loss Analysis

Total Sales: $54,441 million.
Cost of Sales: $50,879 million.
Gross Profit: $3,562 million.
Selling, General and Administrative Expenses: $2,121 million.
Goodwill Impairment: $343 million (primarily related to the Beef segment).
Operating Income: $1,098 million.
Interest Expense: $449 million.
Income Tax Expense: $262 million.
Net Income: $507 million (including noncontrolling interests).

Ratio Analysis

Operating Margin: Approximately 2.0% ($1,098M / $54,441M).
Effective Tax Rate: 34.1%.
Return on Invested Capital (ROIC): 2.8%.

Balance Sheet Analysis

Total Assets: $36,658 million.
- Cash and Cash Equivalents: $1,229 million.
- Inventories: $5,681 million.
- Net Property, Plant and Equipment: $9,204 million.
- Goodwill: $9,469 million.
Total Liabilities: $17,991 million (Calculated: Total Assets – Total Equity – Noncontrolling Interest).
- Current Debt: $909 million.
- Long-Term Debt: $7,921 million.
- Accounts Payable: $2,601 million.
Shareholders’ Equity:
- Capital in Excess of Par Value: $4,686 million.
- Retained Earnings: $18,647 million.
Liquidity: Total liquidity was $3,729 million, comprised of cash/equivalents and availability under the revolving credit facility.
Debt Ratios:
- Gross Debt/EBITDA: 3.5x.
- Net Debt/EBITDA: 3.0x.
- Total Debt to Capitalization: 32.6%.

Cash Flow Analysis

Operating Cash Flow: $2,155 million.
- Influenced by depreciation of $1,093 million and impairment of goodwill of $343 million.
Investing Cash Flow: $(665) million.
- Capital Expenditures: $(978) million (Additions to property, plant and equipment).
- Proceeds from Sale of Storage Facilities: $252 million.
Financing Cash Flow: Net cash used for financing activities (detailed data involves debt repayments and dividends).
- Dividends Paid: $700 million.

Board of Directors and Leadership Team

The company is led by a mix of family stewardship and experienced executives.

Executive Officers

John H. Tyson: Chairman of the Board of Directors.
Donnie King: President, Chief Executive Officer, and Director.
Curt T. Calaway: Chief Financial Officer.
Devin Cole: Chief Operating Officer.
Lori J. Bondar: Senior Vice President and Chief Accounting Officer.
Jacqueline Hanson: Chief People Officer (referenced in Exhibit 10.8).
Adam Deckinger: General Counsel and Secretary (referenced in Exhibit 10.8).

Board of Directors

John H. Tyson
Les R. Baledge
Mike Beebe
Sarah Bond
Maria Claudia Borras
David J. Bronczek
Donnie King
Maria N. Martinez
Kevin M. McNamara
Barbara Tyson (Referenced in control discussions).

Committees

Audit Committee.
Compensation and Leadership Development Committee.
Governance and Nominating Committee.
Strategy and Acquisitions Committee.

Subsidiaries, Associates, Joint Ventures

The company operates through numerous subsidiaries and joint ventures globally.

Major Subsidiaries (Selected)

Cobb-Vantress, Inc.: A wholly-owned chicken breeding stock subsidiary with operations in countries including Argentina, Brazil, China, Philippines, and the UK.
Tyson Fresh Meats, Inc.: A key subsidiary for beef and pork operations.
AdvancePierre Foods, Inc.: A subsidiary related to prepared foods.
The Hillshire Brands Company: Holds brands like Hillshire Farm and Jimmy Dean.
Tyson International Holding Company: Holding company for international interests.
Tyson New Ventures, LLC: Subsidiary for venture capital investments.
Tyson Mexico Trading Company: Mexican subsidiary selling chicken and prepared foods.
Tyson China: Vertically integrated chicken production.
Tyson South Korea: Vertically integrated chicken production.

Joint Ventures

Vibra Agroindustrial S.A. (Brazil): Minority interest in a vertically integrated chicken processing business.
Holding Agro Industrial S.A. (Argentina/Uruguay): Minority interest in a vertically integrated chicken processing business.
Godrej Tyson Foods Limited (India): A joint venture (referenced in foreign locations list).

Physical Properties

The company utilizes a vast network of facilities to support its operations. As of September 27, 2025, the property portfolio included:

Beef Segment Facilities

Number of Facilities: 11 (All Owned).
Total Capacity: 155,000 head per week.
Locations: Includes slaughter and fabrication plants. One facility contains a tallow refinery.
Changes: One beef facility was closed during fiscal 2025.

Pork Segment Facilities

Number of Facilities: 6 (All Owned).
Total Capacity: 451,000 head per week.
Shared Operations: Includes four case-ready operations that share facilities with the Beef segment.

Chicken Segment Facilities

Number of Facilities: 167 total (162 Owned, 5 Leased).
Total Capacity: 42 million head per week.
Scope: Includes hatcheries, feed mills, processing plants, and further-processing plants.

Prepared Foods Segment Facilities

Number of Facilities: 35 (All Owned).
Total Capacity: 72 million pounds per week.
Operations: Manufacturing plants for prepared, frozen, and refrigerated foods.

Corporate Facilities

Headquarters: Springdale, Arkansas.
R&D: Discovery Center in Springdale, AR (40,000 sq ft pilot plant space, 19 research kitchens).
Automation: Manufacturing Automation Center in Springdale, AR.

Segment-Wise Performance

Beef Segment Performance

Sales FY2025: $21,623 million (increased from $20,479 million in FY2024).
Operating Income/Loss FY2025: $(1,135) million loss (worsened from $(381) million loss in FY2024).
Operating Margin: (5.2)%.
Key Drivers:
- Volume: Decreased 1.9% due to lower head harvested, partially offset by higher carcass weights.
- Price: Average sales price increased 9.0% due to higher input costs and strong demand.
- Profitability: Impacted by compressed margins, a $343 million goodwill impairment, and legal contingency accruals.

Chicken Segment Performance

Sales FY2025: $16,837 million (increased from $16,425 million in FY2024).
Operating Income FY2025: $1,427 million (increased from $988 million in FY2024).
Operating Margin: 8.5%.
Key Drivers:
- Volume: Increased 2.6% primarily due to increased domestic production.
- Price: Relatively flat (-0.1%).
- Profitability: Improved operational execution and a decrease of approximately $340 million in feed ingredient costs contributed to higher income.

Prepared Foods Segment Performance

Sales FY2025: $9,930 million (increased from $9,851 million in FY2024).
Operating Income FY2025: $898 million (increased from $879 million in FY2024).
Key Drivers:
- Volume: Decreased slightly.
- Profitability: Income increased despite a $25 million charge related to a product recall.

Pork Segment Performance

Sales FY2025: $5,781 million (decreased from $5,903 million in FY2024).
Operating Income/Loss FY2025: $(199) million loss (worsened from $(40) million loss in FY2024).
Key Drivers:
- Profitability: Impacted by compressed margins and legal contingency accruals.

International/Other Performance

Sales FY2025: $2,291 million.
Operating Income FY2025: $107 million (improved from a loss of $(37) million in FY2024).
Key Drivers: Improved performance and insurance proceeds helped return this segment to profitability.

Founders

Founder: John W. Tyson.
Founding Year: 1935.
Legacy: The company was established by John W. Tyson and has since grown under the leadership of four generations of the Tyson family.

Shareholding Pattern

The company has a dual-class stock structure comprising Class A Common Stock and Class B Common Stock.

Class Structure

Class A Common Stock: Publicly traded (NYSE: TSN). Entitled to one vote per share.
Class B Common Stock: Not publicly listed. Entitled to 10 votes per share. Convertible into Class A on a share-for-share basis.

Controlling Interest

Tyson Limited Partnership (TLP): As of September 27, 2025, the TLP owned 99.987% of the outstanding Class B Common Stock.
Total Voting Power: The TLP and members of the Tyson family collectively control approximately 71.94% of the total voting power of the company’s outstanding voting stock.
General Partner Control: Mr. John Tyson (Chairman) controls 44.445% of the general partner percentage interests in the TLP. Ms. Barbara Tyson controls 11.115%. The Donald J. Tyson Revocable Trust holds 44.44%.

Outstanding Shares (as of October 25, 2025)

Class A: 283,045,085 shares.
Class B: 70,009,005 shares.

Parent

Ultimate Controlling Parent: The Tyson Limited Partnership (TLP).
Control Mechanism: Through its ownership of Class B stock, the TLP exercises significant control over the company, including the ability to influence the election of directors and other corporate actions.

Investments and Capital Expenditure Plans

The company continues to invest in its operations to maintain competitiveness and drive efficiency.

Capital Expenditures (Capex)

FY2025 Spending: $978 million.
Focus Areas: Production growth, safety, animal well-being, new equipment, infrastructure replacements, and upgrades.
Construction in Progress: Approximately $520 million is estimated to be necessary to complete buildings and equipment under construction as of September 27, 2025.
FY2026 Forecast: The company expects capital expenditures to be between $0.7 billion and $1.0 billion.

Research and Development

Facilities: Investments include the Discovery Center and Manufacturing Automation Center in Springdale, Arkansas.
Focus: New product innovation, ingredient simplification, manual process automation, and chicken breeding stock improvements.

Strategic Priorities

Network Optimization Plan: Initiated in FY2025 to optimize global operations and logistics. Expected total pretax charges of $86 million for actions approved through September 27, 2025.
Storage Facility Sales: Sold storage facilities in FY2025 yielding $252 million in proceeds.

Future Strategy

The company’s strategy focuses on three main pillars:

Deliver Margins: Drive efficiencies in the core protein business and value-up offerings to better serve consumers.
Grow Branded Portfolio: Innovate new occasions, categories, and channels for its branded products.
Scale International: Deliver profitable value-added food offerings in high-growth categories in international markets.

Operational Optimization: The company is actively executing a network optimization plan. This involves evaluating network capacity, manufacturing efficiencies, and business technology to reduce redundancies and improve performance.

Key Strengths

Market Leadership: “World-class food company and recognized leader in protein.”
Brand Power: Owns a broad portfolio of iconic brands like Tyson®, Jimmy Dean®, and Hillshire Farm®.
Scale: Massive processing capacity (e.g., 42 million chickens per week) and a national distribution network.
Vertical Integration: Fully vertically integrated chicken production allows for cost control and supply chain security.
Customer Relationships: Strong ties with major retailers, including Walmart Inc., which accounts for 18.7% of sales.
Innovation Capabilities: Dedicated Discovery Center and Manufacturing Automation Center.

Key Challenges and Risks

Market Conditions: The Beef segment is currently experiencing limited supply of market-ready cattle and uncertainty regarding the cattle herd rebuild, leading to operating losses.
Goodwill Impairment: Recorded a $343 million impairment charge in the Beef segment in FY2025.
Customer Concentration: Loss of sales to Walmart Inc. could have a material adverse impact.
Disease Outbreaks: Risks from livestock diseases such as Avian Influenza (AI) and African Swine Fever (ASF).
Regulatory Environment: Subject to extensive regulation regarding environmental protection, food safety (USDA/FDA), and labor laws.
Legal Proceedings: Involvement in various legal matters, including antitrust litigation (Broiler, Pork, Beef) and wage rate litigation.
Commodity Volatility: Fluctuations in the cost of inputs like corn, soybean meal, live cattle, and hogs.
Cybersecurity: Risks associated with cyber attacks and information technology disruptions.

Conclusion and Strategic Outlook

Tyson Foods, Inc. navigates a complex global food landscape with a strategy rooted in operational efficiency and brand growth. While facing significant headwinds in its Beef segment due to cattle cycle dynamics, the company has seen resilience and growth in its Chicken and Prepared Foods segments. With a solid liquidity position of over $3.7 billion and a clear focus on network optimization and international expansion, Tyson aims to sustain its leadership position. The company remains committed to its purpose of feeding the world, supported by a workforce of 133,000 and a robust portfolio of products that reach 140 countries.

Official Site: https://www.tysonfoods.com/

FAQ Section

Frequently Asked Questions

1. What was Tyson Foods’ total sales revenue for fiscal year 2025? Tyson Foods reported total sales of $54,441 million for the fiscal year ended September 27, 2025.

2. Which business segment generates the most revenue for Tyson Foods? The Beef segment is the largest revenue generator, contributing $21,623 million, which is approximately 39.72% of total revenue for fiscal year 2025.

3. Who are the key executives leading Tyson Foods? The leadership team includes John H. Tyson (Chairman), Donnie King (President & CEO), Curt T. Calaway (CFO), and Devin Cole (COO).

4. What are the major brands owned by Tyson Foods? Tyson Foods owns several iconic brands including Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, State Fair®, Aidells®, and ibp®.

5. Does Tyson Foods have international operations? Yes, Tyson Foods sells products in approximately 140 countries. It has international operations in countries such as China, Thailand, Malaysia, and Mexico, and recorded international sales of $7.4 billion in fiscal 2025.

6. What is the ownership structure of Tyson Foods? Tyson Foods has a dual-class stock structure. The Tyson Limited Partnership (TLP) owns 99.987% of the Class B stock and controls approximately 71.94% of the total voting power.

7. How many employees does Tyson Foods have? As of September 27, 2025, Tyson Foods employed approximately 133,000 team members globally.

Content is based on publicly available corporate filings, regulatory disclosures, annual reports, 10-K filings, Investor Relations materials, and direct mail communication with the company.

By Raveendran

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