The two largest U.S.-based public-quoted broiler producers recently published quarterly results confirming the disproportionate profitability of chicken in comparison to other animal-derived protein.
Tyson Foods Inc. (TSN)
|
Parameter
|
Q3 2025
|
Q3 2024
|
|
Revenue*
|
$13,884
|
$13,353
|
|
Net Income*
|
$69
|
$196
|
|
Diluted EPS
|
$0.17
|
$0.54
|
|
Gross margin %
|
8.2
|
6.6
|
|
Operating margin %
|
1.9
|
2.6
|
|
Profit margin %
|
0.5
|
1.5
|
|
Total assets*
|
$36,464
|
$37,100
|
|
Long-term debt*
|
$10,089
|
$11,514
|
|
Market cap*
|
$18,710
|
$21,190 (Sept)
|
TSN broiler segment represented:-
75.3% of sales ($4220*).
141% of operating income.
Pilgrim’s Pride Corporation (PPC)
|
Parameter
|
Q2 2025
|
Q2 2024
|
|
Revenue*
|
$4,757
|
$4,559
|
|
Net Income*
|
$356
|
$326
|
|
Diluted EPS
|
$1.49
|
$1.37
|
|
Gross margin %
|
15.0
|
15.2
|
|
Operating margin %
|
10.8
|
10.7
|
|
Profit margin %
|
7.5
|
7.2
|
|
Total assets*
|
$10,119
|
$10,650
|
|
Long-term debt*
|
$11,380
|
$10,920
|
|
Market cap*
|
$11,640
|
$10,920 (Sept)
|
*$x1,000