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Side-by-side financial comparison of ROYAL BANK OF CANADA (RY) and Tyson Foods (TSN). Click either name above to swap in a different company.

Tyson Foods is the larger business by last-quarter revenue ($14.3B vs $13.1B, roughly 1.1× ROYAL BANK OF CANADA). ROYAL BANK OF CANADA runs the higher net margin — 32.2% vs 0.6%, a 31.6% gap on every dollar of revenue.

The Royal Bank of Canada is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 18 million clients and has more than 98,000 employees worldwide. Founded in 1864 in Halifax, Nova Scotia, it maintains its corporate headquarters in Toronto and its head office in Montreal. RBC's institution number is 003. In November 2017, RBC was added to the Financial Stability Board's list of global systemically important banks.

Tyson Foods, Inc. is an American multinational corporation based in Springdale, Arkansas that operates in the food industry. The company is the world's second-largest processor and marketer of chicken, beef, and pork after JBS S.A. It is the largest meat company in America. It annually exports the largest percentage of beef out of the United States. Together with its subsidiaries, it operates major food brands, including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright Brand, Aidells, and...

RY vs TSN — Head-to-Head

Bigger by revenue
TSN
TSN
1.1× larger
TSN
$14.3B
$13.1B
RY
Higher net margin
RY
RY
31.6% more per $
RY
32.2%
0.6%
TSN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
RY
RY
TSN
TSN
Revenue
$13.1B
$14.3B
Net Profit
$4.2B
$85.0M
Gross Margin
5.6%
Operating Margin
2.1%
Net Margin
32.2%
0.6%
Revenue YoY
5.1%
Net Profit YoY
-76.3%
EPS (diluted)
$0.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
RY
RY
TSN
TSN
Q1 26
$13.1B
Q4 25
$14.3B
Q3 25
$12.4B
$13.9B
Q2 25
$11.4B
$13.9B
Q1 25
$13.1B
Q4 24
$13.6B
Q3 24
$13.6B
Q2 24
$13.4B
Net Profit
RY
RY
TSN
TSN
Q1 26
$4.2B
Q4 25
$85.0M
Q3 25
$4.0B
$47.0M
Q2 25
$3.2B
$61.0M
Q1 25
$7.0M
Q4 24
$359.0M
Q3 24
$357.0M
Q2 24
$191.0M
Gross Margin
RY
RY
TSN
TSN
Q1 26
Q4 25
5.6%
Q3 25
5.2%
Q2 25
8.2%
Q1 25
4.6%
Q4 24
8.0%
Q3 24
7.8%
Q2 24
6.6%
Operating Margin
RY
RY
TSN
TSN
Q1 26
Q4 25
2.1%
Q3 25
1.1%
Q2 25
1.9%
Q1 25
0.8%
Q4 24
4.3%
Q3 24
3.9%
Q2 24
2.6%
Net Margin
RY
RY
TSN
TSN
Q1 26
32.2%
Q4 25
0.6%
Q3 25
31.9%
0.3%
Q2 25
28.0%
0.4%
Q1 25
0.1%
Q4 24
2.6%
Q3 24
2.6%
Q2 24
1.4%
EPS (diluted)
RY
RY
TSN
TSN
Q1 26
Q4 25
$0.24
Q3 25
$0.13
Q2 25
$0.17
Q1 25
$0.02
Q4 24
$1.01
Q3 24
$1.00
Q2 24
$0.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RY
RY
TSN
TSN
Cash + ST InvestmentsLiquidity on hand
$33.7B
$1.3B
Total DebtLower is stronger
$7.5B
Stockholders' EquityBook value
$102.1B
$18.0B
Total Assets
$1709.9B
$36.0B
Debt / EquityLower = less leverage
0.41×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RY
RY
TSN
TSN
Q1 26
$33.7B
Q4 25
$1.3B
Q3 25
$25.5B
$1.2B
Q2 25
$35.5B
$1.5B
Q1 25
$992.0M
Q4 24
$2.3B
Q3 24
$1.7B
Q2 24
$2.6B
Total Debt
RY
RY
TSN
TSN
Q1 26
Q4 25
$7.5B
Q3 25
$7.9B
Q2 25
$8.2B
Q1 25
$8.2B
Q4 24
$9.7B
Q3 24
$9.7B
Q2 24
$9.7B
Stockholders' Equity
RY
RY
TSN
TSN
Q1 26
$102.1B
Q4 25
$18.0B
Q3 25
$99.0B
$18.1B
Q2 25
$96.7B
$18.3B
Q1 25
$18.4B
Q4 24
$18.5B
Q3 24
$18.4B
Q2 24
$18.1B
Total Assets
RY
RY
TSN
TSN
Q1 26
$1709.9B
Q4 25
$36.0B
Q3 25
$1626.4B
$36.7B
Q2 25
$1636.8B
$36.5B
Q1 25
$36.3B
Q4 24
$37.3B
Q3 24
$37.1B
Q2 24
$37.7B
Debt / Equity
RY
RY
TSN
TSN
Q1 26
Q4 25
0.41×
Q3 25
0.44×
Q2 25
0.45×
Q1 25
0.44×
Q4 24
0.52×
Q3 24
0.53×
Q2 24
0.54×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
RY
RY
TSN
TSN
Operating Cash FlowLast quarter
$27.7B
$942.0M
Free Cash FlowOCF − Capex
$690.0M
FCF MarginFCF / Revenue
4.8%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
6.55×
11.08×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RY
RY
TSN
TSN
Q1 26
$27.7B
Q4 25
$942.0M
Q3 25
$21.2B
$535.0M
Q2 25
$7.2B
$774.0M
Q1 25
$-185.0M
Q4 24
$1.0B
Q3 24
$617.0M
Q2 24
$796.0M
Free Cash Flow
RY
RY
TSN
TSN
Q1 26
Q4 25
$690.0M
Q3 25
$248.0M
Q2 25
$547.0M
Q1 25
$-378.0M
Q4 24
$760.0M
Q3 24
$369.0M
Q2 24
$533.0M
FCF Margin
RY
RY
TSN
TSN
Q1 26
Q4 25
4.8%
Q3 25
1.8%
Q2 25
3.9%
Q1 25
-2.9%
Q4 24
5.6%
Q3 24
2.7%
Q2 24
4.0%
Capex Intensity
RY
RY
TSN
TSN
Q1 26
Q4 25
1.8%
Q3 25
2.1%
Q2 25
1.6%
Q1 25
1.5%
Q4 24
2.0%
Q3 24
1.8%
Q2 24
2.0%
Cash Conversion
RY
RY
TSN
TSN
Q1 26
6.55×
Q4 25
11.08×
Q3 25
5.36×
11.38×
Q2 25
2.24×
12.69×
Q1 25
-26.43×
Q4 24
2.87×
Q3 24
1.73×
Q2 24
4.17×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RY
RY

Segment breakdown not available.

TSN
TSN

Beef$5.8B40%
Retail Sales Channel$2.9B20%
Pork$1.6B11%
Foodservice Sales Channel$1.6B11%
Other$776.0M5%
Industrialand Other Sales Channel$575.0M4%
International Sales Channel$542.0M4%
Intersegment Revenues$534.0M4%

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