SPRINGDALE, Ark. — Tyson Foods Inc. is reporting its fourth quarter and fiscal year 2025 financial results.
“We delivered year-over-year growth in sales, adjusted operating income and adjusted earnings per share, reflecting the strength of our multi-protein, multi-channel portfolio,” Donnie King, Tyson Foods president and CEO, said. “This fiscal year’s progress demonstrates our commitment to operational excellence while meeting the evolving needs of our customers and consumers. As a world-class food company and recognized leader in protein, we remain focused on continuously improving the controllable aspects of our business and delivering shareholder value.”
FY 2025 highlights include: Sales of $54.441 billion, up 2.1 percent from prior year; Sales up 3.3 percent excluding impact of $653 million increase in legal contingency accruals, which was recognized as a reduction to its sales. GAAP operating income of $1.098 billion, down 22 percent from prior year. Adjusted operating income of $2.287 billion, up 26 percent from prior year. GAAP EPS of $1.33, down 41 percent from prior year. Adjusted EPS of $4.12, up 33 percent from prior year. Total company GAAP operating margin of 2 percent. Total company adjusted operating margin (non-GAAP) of 4.1 percent. Cash provided by operating activities of $2.155 billion, down $435 million from prior year. Free cash flow (non-GAAP) of $1.177 billion, down $281 million from prior year. Repurchased 3.5 million shares for $196 million. Reduced total debt $957 million. And liquidity of $3.7 billion as of Sept. 27, 2025.
Fourth quarter highlights include: Sales of $13.860 billion, up 2.2 percent from prior year. Sales up 4.8 percent excluding impact of $355 million increase in legal contingency accruals, which was recognized as a reduction to sales. GAAP operating income of $158 million, down 70 percent from prior year. Adjusted operating income of $608 million, up 19 percent from prior year. GAAP EPS of 13 cents, down 87 percent from prior year. Adjusted EPS of $1.15, up 25 percent from prior year. Total company GAAP operating margin of 1.1 percent. And total company adjusted operating margin (non-GAAP) of 4.3 percent.
· Outlook
As of the most recently published data for fiscal 2026, the USDA indicates domestic protein production (beef, pork, chicken and turkey) will increase approximately 1 percent compared to fiscal 2025 levels, Tyson Foods notes.
For its Chicken division, Tyson Foods adds that USDA projects chicken production will increase approximately 1 percent in fiscal 2026 as compared to fiscal 2025. The company anticipates adjusted operating income of $1.250 billion to $1.500 billion for fiscal 2026. For the total company, it anticipates adjusted operating income of $2.1 billion to $2.3 billion for fiscal 2026.
Effective as of Nov. 7, 2025, the Tyson Foods Board of Directors increased the quarterly dividend previously declared on Aug. 7, 2025, to 51 cents per share on its Class A common stock and 45.9 cents per share on Class B common stock. The increased quarterly dividend is payable on Dec. 15, 2025, to shareholders of record at the close of business on Dec. 1, 2025.
