Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 13.6B | 1.6% |
| Gross Profit | 1.06B | 20.7% |
| Cost of Revenue | 12.5B | 0.2% |
| Operating expense | 906M | 68.7% |
| Net Income | 357M | 86.9% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 37.1B | 1.7% |
| Total Liabilities | 18.7B | 4.8% |
| Total Equity | 18.4B | 1.7% |
| Shares Outstanding | 354M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 617M | 22.5% |
| Cash from investing | -34M | 85.4% |
| Cash from financing | -1.46B | 771.4% |
EPS
Financial Highlights for Tyson Foods in Q3 '24
Tyson Foods reported a revenue of 13.6B, which is a 1.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.06B, marking a 20.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 12.5B, a 0.2% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 906M, showing a 68.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 357M, showing a 86.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
It was a positive quarter for Tyson Foods with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
