TYSON FOODS, INC. Earnings Per Share Disclosure
| 2025 | 2024 | 2023 | |||||||||||||||
| Numerator: | |||||||||||||||||
| Net Income (Loss) | $ | 507 | $ | 822 | $ | (649) | |||||||||||
| Less: Net Income (Loss) Attributable to Noncontrolling Interests | 33 | 22 | (1) | ||||||||||||||
| Net Income (Loss) Attributable to Tyson | 474 | 800 | (648) | ||||||||||||||
| Less dividends declared: | |||||||||||||||||
| Class A | 574 | 563 | 554 | ||||||||||||||
| Class B | 126 | 124 | 122 | ||||||||||||||
| Undistributed earnings (losses) | $ | (226) | $ | 113 | $ | (1,324) | |||||||||||
| Class A undistributed earnings (losses) | $ | (185) | $ | 92 | $ | (1,084) | |||||||||||
| Class B undistributed earnings (losses) | (41) | 21 | (240) | ||||||||||||||
| Total undistributed earnings (losses) | $ | (226) | $ | 113 | $ | (1,324) | |||||||||||
| Denominator: | |||||||||||||||||
| Denominator for basic earnings (loss) per share: | |||||||||||||||||
| Class A weighted average shares | 285 | 284 | 284 | ||||||||||||||
| Class B weighted average shares | 70 | 70 | 70 | ||||||||||||||
| Denominator for diluted earnings (loss) per share: | |||||||||||||||||
| Class A weighted average shares | 285 | 284 | 284 | ||||||||||||||
Class B weighted average shares under if-converted method for diluted earnings (loss) per share(a) | 70 | 70 | — | ||||||||||||||
| Effect of dilutive securities: Stock options, restricted stock and performance units | 2 | 2 | — | ||||||||||||||
Denominator for diluted earnings (loss) per share – weighted average shares and assumed conversions(a) | 357 | 356 | 284 | ||||||||||||||
| Net Income (Loss) Per Share Attributable to Tyson: | |||||||||||||||||
| Class A Basic | $ | 1.37 | $ | 2.31 | $ | (1.87) | |||||||||||
| Class B Basic | $ | 1.22 | $ | 2.06 | $ | (1.68) | |||||||||||
Diluted(a) | $ | 1.33 | $ | 2.25 | $ | (1.87) | |||||||||||
| Dividends Declared Per Share: | |||||||||||||||||
| Class A | $ | 2.010 | $ | 1.970 | $ | 1.940 | |||||||||||
| Class B | $ | 1.809 | $ | 1.773 | $ | 1.746 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Nov 10, 2025 | Showing above |
| 2024 | Nov 12, 2024 | |
| 2023 | Nov 13, 2023 | |
| 2022 | Nov 14, 2022 | |
| 2021 | Nov 15, 2021 | |
| 2020 | Nov 16, 2020 | |
| 2019 | Nov 12, 2019 | |
| 2018 | Nov 13, 2018 | |
| 2017 | Nov 13, 2017 | |
| 2016 | Nov 21, 2016 | |
| 2015 | Nov 23, 2015 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.