Tyson Foods
Tyson Foods returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q3 | Jun 27, 2026 | 3.56% | 4.21% | — | 3.15% | 1.59% | -4.1 pp |
| FY 2026 Q2 | Mar 28, 2026 | 2.84% | 3.78% | — | 2.48% | 1.27% | -4.9 pp |
| FY 2026 Q1 | Dec 27, 2025 | 1.76% | 2.63% | — | 1.1% | 0.55% | -5.9 pp |
| FY 2025 Q4 | Sep 27, 2025 | 2.76% | 3.51% | — | 2.6% | 1.29% | -4.9 pp |
| FY 2025 Q3 | Jun 28, 2025 | 3.85% | 4.67% | — | 4.31% | 2.11% | -3.9 pp |
| FY 2025 Q2 | Mar 29, 2025 | 4.39% | 4.94% | — | 5.01% | 2.48% | -3.3 pp |
| FY 2025 Q1 | Dec 28, 2024 | 5.09% | 5.57% | — | 5.74% | 2.84% | -2.6 pp |
| FY 2024 Q4 | Sep 28, 2024 | 3.94% | 4.54% | — | 4.38% | 2.18% | -3.8 pp |
| FY 2024 Q3 | Jun 29, 2024 | 0.38% | 1.32% | — | -0.04% | -0.02% | -7.3 pp |
| FY 2024 Q2 | Mar 30, 2024 | — | -0.85% | — | -3.28% | -1.66% | — |
| FY 2024 Q1 | Dec 30, 2023 | — | -2.03% | — | -4.54% | -2.33% | — |
| FY 2023 Q4 | Sep 30, 2023 | — | -1.29% | — | -3.43% | -1.77% | — |
| FY 2023 Q3 | Jul 1, 2023 | 1.87% | 2.63% | -486.03% | 1.78% | 0.93% | -5.8 pp |
| FY 2023 Q2 | Apr 1, 2023 | 6.34% | 7.07% | -161.31% | 7.85% | 4.15% | -1.4 pp |
| FY 2023 Q1 | Dec 31, 2022 | 10.05% | 10.98% | -52.06% | 12.79% | 6.62% | 2.4 pp |
| FY 2022 Q4 | Oct 1, 2022 | 13.33% | 14.34% | 5.18% | 17.3% | 8.86% | 5.6 pp |
| FY 2022 Q3 | Jul 2, 2022 | 16.29% | 18.19% | 115.68% | 22.58% | 11.28% | 8.6 pp |
| FY 2022 Q2 | Apr 2, 2022 | 16.52% | 18.27% | 224.77% | 23.2% | 11.52% | 8.8 pp |
| FY 2022 Q1 | Jan 1, 2022 | 15.91% | 16.76% | 749.51% | 21.74% | 10.24% | 8.2 pp |
| FY 2021 Q4 | Oct 2, 2021 | 13.26% | 14.53% | — | 18.36% | 8.58% | 5.6 pp |
| FY 2021 Q3 | Jul 3, 2021 | 10.62% | 11.71% | — | 15.18% | 6.79% | 2.9 pp |
| FY 2021 Q2 | Apr 3, 2021 | 9.63% | 10.82% | — | 14.23% | 6.32% | 1.9 pp |
| FY 2021 Q1 | Jan 2, 2021 | 9.18% | 10.17% | — | 13.64% | 5.92% | 1.5 pp |
| FY 2020 Q4 | Oct 3, 2020 | 9.14% | 10.36% | — | 13.95% | 6.08% | 1.4 pp |
| FY 2020 Q3 | Jun 27, 2020 | 8.1% | 9.27% | — | 12.62% | 5.33% | 0.4 pp |
| FY 2020 Q2 | Mar 28, 2020 | 8.61% | 9.45% | -13.37% | 14.11% | 5.92% | 0.9 pp |
| FY 2020 Q1 | Dec 28, 2019 | 9.4% | 10.7% | 20.96% | 14.72% | 6.13% | 1.7 pp |
| FY 2019 Q4 | Sep 28, 2019 | 9.84% | 10.94% | — | 15.04% | 6.5% | 2.1 pp |
| FY 2019 Q3 | Jun 29, 2019 | 10.12% | 11.6% | — | 16.62% | 7.03% | 2.4 pp |
| FY 2019 Q2 | Mar 30, 2019 | 9.79% | 11.78% | — | 16.08% | 6.78% | 2.1 pp |
| FY 2019 Q1 | Dec 29, 2018 | 9.45% | 11.99% | — | 15.5% | 6.44% | 1.8 pp |
| FY 2018 Q4 | Sep 29, 2018 | — | 12.7% | — | 25.91% | 10.58% | — |
| FY 2018 Q3 | Jun 30, 2018 | — | 11.94% | — | 25.56% | 10.16% | — |
| FY 2018 Q2 | Mar 31, 2018 | — | 12.82% | — | 25.44% | 11% | — |
| FY 2018 Q1 | Dec 30, 2017 | — | 13.27% | — | 26.15% | 11.18% | — |
| FY 2017 Q4 | Sep 30, 2017 | 11.02% | 13.43% | 1.04% | 17.61% | 7.03% | 3.3 pp |
| FY 2017 Q3 | Jul 1, 2017 | 10.69% | 12.92% | 3.15% | 17.79% | 7.02% | 3 pp |
| FY 2017 Q2 | Apr 1, 2017 | 12.35% | 14.75% | 351.47% | 18.48% | 8.02% | 4.7 pp |
| FY 2017 Q1 | Dec 31, 2016 | 13.56% | 15.62% | — | 19.68% | 8.34% | 5.9 pp |
| FY 2016 Q4 | Oct 1, 2016 | 12.35% | 14.5% | — | 18.32% | 7.79% | 4.6 pp |
| FY 2016 Q3 | Jul 2, 2016 | 11.15% | 14.3% | — | 16.81% | 7.13% | 3.4 pp |
| FY 2016 Q2 | Apr 2, 2016 | 10.06% | 13.17% | — | 15.61% | 6.49% | 2.4 pp |
| FY 2016 Q1 | Jan 2, 2016 | 9.65% | 12.36% | — | 14.53% | 5.83% | 2 pp |
| FY 2015 Q4 | Oct 3, 2015 | 8.53% | 10.95% | — | 13.13% | 5.2% | 0.8 pp |
| FY 2015 Q3 | Jun 27, 2015 | 10.51% | 13.34% | 2.56% | 13.43% | 6.19% | 2.8 pp |
| FY 2015 Q2 | Mar 28, 2015 | 9.7% | 11.87% | 1.77% | 12.87% | 5.74% | 2 pp |
| FY 2015 Q1 | Dec 27, 2014 | 9.03% | 10.52% | 1.48% | 11.93% | 5.16% | 1.3 pp |
| FY 2014 Q4 | Sep 27, 2014 | 8.1% | 9.75% | 0.55% | 11.45% | 4.78% | 0.4 pp |
| FY 2014 Q3 | Jun 28, 2014 | 13.59% | 16.55% | 123.58% | 15.31% | 8.18% | 5.9 pp |
| FY 2014 Q2 | Mar 29, 2014 | 13.29% | 17.44% | 173.9% | 15.62% | 8.25% | 5.6 pp |
| FY 2014 Q1 | Dec 28, 2013 | 12.55% | 15.56% | — | 13.95% | 7.24% | 4.9 pp |
| FY 2013 Q4 | Sep 28, 2013 | 12.45% | 15.08% | 163.6% | 12.74% | 6.46% | 4.8 pp |
| FY 2013 Q3 | Jun 29, 2013 | 10.11% | 13.31% | 36.01% | 11.62% | 5.96% | 2.4 pp |
| FY 2013 Q2 | Mar 30, 2013 | 9.22% | 12.65% | -7.09% | 8.83% | 4.61% | 1.5 pp |
| FY 2013 Q1 | Dec 29, 2012 | 10.6% | 14.21% | 14.41% | 10.16% | 5.19% | 2.9 pp |
| FY 2012 Q4 | Sep 29, 2012 | 10.66% | 14.05% | -40.3% | 9.99% | 5.08% | 3 pp |
| FY 2012 Q3 | Jun 30, 2012 | 9.59% | 12.11% | — | 8.52% | 4.31% | 1.9 pp |
| FY 2012 Q2 | Mar 31, 2012 | 9.78% | 11.99% | — | 10.64% | 5.49% | 2.1 pp |
| FY 2012 Q1 | Dec 31, 2011 | 10.32% | 12.24% | — | 10.83% | 5.42% | 2.6 pp |
| FY 2011 Q4 | Oct 1, 2011 | 12.61% | 15.2% | -28.69% | 13.86% | 6.87% | 4.9 pp |
| FY 2011 Q3 | Jul 2, 2011 | — | — | — | — | — | — |
| FY 2011 Q2 | Apr 2, 2011 | — | — | — | — | — | — |
| FY 2011 Q1 | Jan 1, 2011 | — | — | — | — | — | — |
| FY 2010 Q4 | Sep 30, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Jul 3, 2010 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · TSN, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.