TSN FY 2010 Earnings Report — Tyson Foods, Inc. Revenue & Financial Results | Market Cap Arena

Tyson Foods, Inc.TSN

FY 2010 Earnings

Reported November 22, 2010

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$28.4B	—	—	—	—
Op. Income	$1.6B	—	—	—	—
Gross Margin	8.8%	—	—	—	—
Net Margin	2.7%	—	—	—	—
EPS (Diluted)	$2.10	—	—	—	—
Free Cash Flow	$882M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$28.4B
Cost of Revenue	$25.9B
GROSS PROFIT	$2.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$929M
Other Expenses	$29M
Operating Expenses	$958M
Cost & Expenses	$26.9B
OPERATING INCOME	$1.6B
Interest Income	$14M
Interest Expense	$347M
Other Income/Expenses	-$353M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$438M
Net Income from Continuing Ops	$765M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$780M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$780M
D&A	$497M
EBIT	$1.6B
EBITDA	$2.0B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$28.4B
Cost of Revenue	$25.9B
GROSS PROFIT	$2.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$929M
Other Expenses	$29M
Operating Expenses	$958M
Cost & Expenses	$26.9B
OPERATING INCOME	$1.6B
Interest Income	$14M
Interest Expense	$347M
Other Income/Expenses	-$353M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$438M
Net Income from Continuing Ops	$765M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$780M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$780M
D&A	$497M
EBIT	$1.6B
EBITDA	$2.0B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$780M
Depreciation & Amortization	$497M
Stock-Based Compensation	$0
Deferred Income Tax	$18M
Other Non-Cash Items	$126M
Change in Working Capital	$11M
OPERATING CASH FLOW	$1.4B
Capital Expenditure	-$550M
Acquisitions (Net)	-$93M
Purchases of Investments	-$53M
Sales/Maturities of Investments	$92M
Other Investing Activities	$104M
NET CASH FROM INVESTING	-$500M
Net Debt Issuance	-$1.0B
Common Stock Repurchased	-$48M
Common Dividends Paid	-$59M
Other Financing Activities	$182M
NET CASH FROM FINANCING	-$959M
FREE CASH FLOW	$882M
Net Change in Cash	-$26M

Balance Sheet

Item	Amount
Cash & Equivalents	$978M
Short-Term Investments	$0
Net Receivables	$1.2B
Inventory	$2.3B
Other Current Assets	$168M
TOTAL CURRENT ASSETS	$4.6B
PP&E (Net)	$3.7B
Goodwill	$1.9B
Intangible Assets	$166M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$401M
TOTAL NON-CURRENT ASSETS	$6.1B
TOTAL ASSETS	$10.8B
Account Payables	$1.1B
Short-Term Debt	$401M
Deferred Revenue	$0
Other Current Liabilities	$1.0B
TOTAL CURRENT LIABILITIES	$2.5B
Long-Term Debt	$2.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$321M
Other Non-Current Liabilities	$486M
TOTAL NON-CURRENT LIABILITIES	$2.9B
TOTAL LIABILITIES	$5.5B
Common Stock	$39M
Additional Paid-In Capital	$2.2B
Retained Earnings	$3.1B
Treasury Stock	-$229M
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$5.2B
Minority Interest	$99M
TOTAL EQUITY	$5.3B
TOTAL LIABILITIES & EQUITY	$10.8B
Total Debt	$2.5B
Net Debt	$1.6B