Cash flow Tractor Supply Company

Equities

TSCO

US8923561067

Other Specialty Retailers

Real-time Estimate Cboe BZX Other stock markets 15:54:17 11/03/2026 GMT			5-day change	1st Jan Change
49.47 ^USD	-1.73%		-2.06%	-0.92%

03-10	Advance Auto Parts, Inc. Appoints Cynthia Jamison as Independent Director to Board of Directors	CI
03-05	Tractor Supply names Gloria Anderson as the next headliner for Life Out Here	RE

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Published financial data: TRACTOR SUPPLY COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	12.73B	14.2B	14.56B	14.88B	15.52B
Total Revenues	12.73B	14.2B	14.56B	14.88B	15.52B
Cost of Goods Sold, Total	8.25B	9.23B	9.33B	9.49B	9.87B
Gross Profit	4.48B	4.97B	5.23B	5.4B	5.65B
Selling General & Admin Expenses, Total	2.84B	3.19B	3.36B	3.48B	3.69B
Depreciation & Amortization - (IS)	270M	343M	393M	447M	494M
Other Operating Expenses, Total	3.11B	3.54B	3.75B	3.93B	4.19B
Operating Income	1.37B	1.43B	1.48B	1.47B	1.47B
Interest Expense, Total	-26.61M	-30.63M	-46.51M	-54.59M	-69.14M
Net Interest Expenses	-26.61M	-30.63M	-46.51M	-54.59M	-69.14M
EBT, Excl. Unusual Items	1.34B	1.4B	1.43B	1.41B	1.4B
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Asset Writedown	-	-	-	-	-
Other Unusual Items	-63.3M	-	-	-	-
EBT, Incl. Unusual Items	1.28B	1.4B	1.43B	1.41B	1.4B
Income Tax Expense	283M	316M	325M	312M	302M
Earnings From Continuing Operations	997M	1.09B	1.11B	1.1B	1.1B
Net Income to Company	997M	1.09B	1.11B	1.1B	1.1B
Net Income - (IS)	997M	1.09B	1.11B	1.1B	1.1B
Net Income to Common Incl Extra Items	997M	1.09B	1.11B	1.1B	1.1B
Net Income to Common Excl. Extra Items	997M	1.09B	1.11B	1.1B	1.1B
Per Share Items
Net EPS - Basic	1.74	1.96	2.03	2.05	2.07
Basic EPS - Continuing Operations	1.74	1.96	2.03	2.05	2.07
Basic Weighted Average Shares Outstanding	574M	557M	545M	537M	530M
Net EPS - Diluted	1.72	1.94	2.02	2.04	2.06
Diluted EPS - Continuing Operations	1.72	1.94	2.02	2.04	2.06
Diluted Weighted Average Shares Outstanding	579M	561M	549M	540M	532M
Normalized Basic EPS	1.46	1.58	1.64	1.64	1.65
Normalized Diluted EPS	1.45	1.57	1.63	1.64	1.64
Dividend Per Share	0.42	0.74	0.82	0.88	0.92
Payout Ratio	23.97	37.62	40.61	42.91	44.49
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	1.64B	1.78B	1.87B	1.91B	1.96B
EBITA	1.37B	1.43B	1.48B	1.47B	1.47B
EBIT	1.37B	1.43B	1.48B	1.47B	1.47B
EBITDAR	2.12B	2.3B	2.44B	2.53B	2.64B
Effective Tax Rate - (Ratio)	22.11	22.47	22.7	22.06	21.61
Current Domestic Taxes	255M	267M	315M	332M	241M
Total Current Taxes	255M	267M	315M	332M	241M
Deferred Domestic Taxes	27.58M	48.28M	10.06M	-20.33M	61.27M
Total Deferred Taxes	27.58M	48.28M	10.06M	-20.33M	61.27M
Normalized Net Income	840M	878M	895M	883M	874M
Interest on Long-Term Debt	1.74M	1.79M	1.63M	1.51M	1.23M
Supplemental Operating Expense Items
Advertising Expense	95.4M	94.6M	87.1M	95.2M	108M
Selling and Marketing Expenses	95.4M	94.6M	87.1M	95.2M	108M
Net Rental Expense, Total	480M	523M	565M	612M	675M
Imputed Operating Lease Interest Expense	27.41M	31.32M	45.17M	51.08M	65.69M
Imputed Operating Lease Depreciation	453M	492M	520M	561M	609M
Stock-Based Comp., SG&A Exp. (Total)	47.65M	53.83M	57.02M	48.37M	57.06M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	47.65M	53.83M	57.02M	48.37M	57.06M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	878M	203M	397M	251M	194M
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	878M	203M	397M	251M	194M
Other Receivables	17.1M	-	2.46M	21.64M	27.04M
Total Receivables	17.1M	-	2.46M	21.64M	27.04M
Inventory	2.19B	2.71B	2.65B	2.84B	3.08B
Prepaid Expenses	164M	246M	219M	197M	203M
Total Current Assets	3.25B	3.16B	3.26B	3.31B	3.51B
Gross Property Plant And Equipment	6.21B	7.05B	7.87B	8.79B	9.98B
Accumulated Depreciation	-1.81B	-2.02B	-2.29B	-2.64B	-3.02B
Net Property Plant And Equipment	4.4B	5.04B	5.58B	6.14B	6.96B
Long-term Investments	-	-	-	-	-
Goodwill	32.42M	230M	246M	246M	347M
Other Intangibles, Total	23.1M	23.1M	23.1M	23.1M	52.03M
Deferred Tax Assets Long-Term	2.44M	-	-	-	-
Other Long-Term Assets, Total	55.41M	41.54M	75.54M	83.17M	62.16M
Total Assets	7.77B	8.49B	9.19B	9.81B	10.93B
Liabilities
Accounts Payable, Total	1.16B	1.4B	1.18B	1.24B	1.39B
Accrued Expenses, Total	560M	619M	625M	683M	768M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	325M	350M	373M	400M	455M
Current Income Taxes Payable	-	9.47M	-	-	-
Other Current Liabilities	24.5M	-	-	-	-
Total Current Liabilities	2.06B	2.38B	2.18B	2.32B	2.61B
Long-Term Debt	986M	1.16B	1.73B	1.83B	1.76B
Long-Term Leases	2.61B	2.76B	2.93B	3.19B	3.72B
Deferred Tax Liability Non Current	-	30.78M	60.03M	44.32M	95.04M
Other Non Current Liabilities	106M	120M	138M	147M	155M
Total Liabilities	5.76B	6.45B	7.04B	7.54B	8.35B
Common Stock, Total	1.41M	1.42M	1.42M	7.12M	7.13M
Additional Paid In Capital	1.21B	1.26B	1.32B	1.38B	1.44B
Retained Earnings	4.95B	5.62B	6.28B	6.91B	7.52B
Treasury Stock	-4.16B	-4.86B	-5.46B	-6.03B	-6.39B
Comprehensive Income and Other	1.34M	11.28M	6.79M	1.22M	-
Total Common Equity	2B	2.04B	2.15B	2.27B	2.58B
Total Equity	2B	2.04B	2.15B	2.27B	2.58B
Total Liabilities And Equity	7.77B	8.49B	9.19B	9.81B	10.93B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	564M	550M	540M	532M	526M
ECS Total Common Shares Outstanding	566M	551M	540M	532M	527M
Book Value / Share	3.54	3.71	3.98	4.27	4.9
Tangible Book Value	1.95B	1.79B	1.88B	2B	2.18B
Tangible Book Value Per Share	3.44	3.25	3.48	3.76	4.14
Total Debt	3.92B	4.27B	5.04B	5.42B	5.94B
Net Debt	3.04B	4.07B	4.64B	5.17B	5.75B
Debt Equivalent Oper. Leases	3.84B	4.19B	4.52B	4.89B	5.4B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	2.19B	2.71B	2.65B	2.84B	3.08B
Land - (BS)	100M	100M	93.32M	107M	119M
Buildings, Total	1.52B	1.75B	2.09B	2.43B	2.58B
Machinery, Total	900M	1.09B	1.35B	1.54B	1.69B
Full Time Employees	22K	24K	25K	26K	26K
Part Time Employees	24K	25K	25K	26K	26K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	997M	1.09B	1.11B	1.1B	1.1B
Depreciation & Amortization - CF	270M	343M	393M	447M	494M
Depreciation & Amortization, Total	270M	343M	393M	447M	494M
(Gain) Loss From Sale Of Asset	4.04M	2.16M	-48.01M	-62.5M	-93.06M
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	47.65M	53.83M	57.02M	48.37M	57.06M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	29.15M	51.69M	6.17M	-22.6M	61.27M
Change In Inventories	-408M	-350M	40.87M	-194M	-226M
Change In Accounts Payable	180M	162M	-219M	56.37M	143M
Change In Income Taxes	-37.04M	26.57M	-11.93M	-19.17M	-5.94M
Change in Other Net Operating Assets	56.03M	-21.64M	8.47M	66.29M	108M
Cash from Operations	1.14B	1.36B	1.33B	1.42B	1.64B
Capital Expenditure	-628M	-773M	-754M	-784M	-895M
Sale of Property, Plant, and Equipment	1.09M	1.04M	86.5M	140M	256M
Cash Acquisitions	-	-391M	-	-	-140M
Divestitures	-	69.36M	14.31M	-	-
Cash from Investing	-627M	-1.09B	-653M	-644M	-779M
Long-Term Debt Issued, Total	-	1.01B	1.77B	785M	3.12B
Total Debt Issued	-	1.01B	1.77B	785M	3.12B
Long-Term Debt Repaid, Total	-4.58M	-836M	-1.2B	-690M	-3.2B
Total Debt Repaid	-4.58M	-836M	-1.2B	-690M	-3.2B
Issuance of Common Stock	82.25M	25.54M	24.4M	39.36M	23.56M
Repurchase of Common Stock	-814M	-729M	-619M	-585M	-377M
Common Dividends Paid	-239M	-410M	-450M	-472M	-488M
Common & Preferred Stock Dividends Paid	-239M	-410M	-450M	-472M	-488M
Other Financing Activities, Total	-	-	-9.73M	-	-
Cash from Financing	-975M	-939M	-486M	-922M	-914M
Net Change in Cash	-464M	-676M	195M	-146M	-57.38M
Supplemental Items
Cash Interest Paid	23.6M	26.37M	56.32M	65.86M	69.76M
Cash Income Tax Paid (Refund)	292M	239M	325M	351M	235M
Levered Free Cash Flow	373M	205M	458M	518M	515M
Unlevered Free Cash Flow	389M	224M	487M	552M	558M
Change In Net Working Capital	156M	296M	134M	76.87M	15.11M
Net Debt Issued / Repaid	-4.58M	174M	567M	95.21M	-72.82M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	11.56	11.03	10.46	9.66	8.84
Return on Total Capital	15.04	14.66	13.7	12.33	11.31
Return On Equity %	50.79	53.83	52.82	49.83	45.18
Return on Common Equity	50.79	53.83	52.82	49.83	45.18
Margin Analysis
Gross Profit Margin %	35.17	35	35.92	36.26	36.42
SG&A Margin	22.28	22.49	23.06	23.39	23.79
EBITDA Margin %	12.88	12.52	12.86	12.86	12.63
EBITA Margin %	10.76	10.1	10.16	9.86	9.45
EBIT Margin %	10.76	10.1	10.16	9.86	9.45
Income From Continuing Operations Margin %	7.83	7.66	7.61	7.4	7.06
Net Income Margin %	7.83	7.66	7.61	7.4	7.06
Net Avail. For Common Margin %	7.83	7.66	7.61	7.4	7.06
Normalized Net Income Margin	6.6	6.18	6.15	5.93	5.63
Levered Free Cash Flow Margin	2.93	1.45	3.14	3.48	3.32
Unlevered Free Cash Flow Margin	3.06	1.58	3.34	3.71	3.6
Asset Turnover
Asset Turnover	1.72	1.75	1.65	1.57	1.5
Fixed Assets Turnover	3.15	3.01	2.74	2.54	2.37
Inventory Turnover (Average Inventory)	4.15	3.77	3.48	3.46	3.33
Short Term Liquidity
Current Ratio	1.57	1.33	1.5	1.43	1.34
Quick Ratio	0.43	0.09	0.18	0.12	0.08
Operating Cash Flow to Current Liabilities	0.55	0.57	0.61	0.61	0.63
Days Outstanding Inventory (Average Inventory)	87.64	98.47	104.5	105.25	109.25
Average Days Payable Outstanding	44.79	48.59	50.65	45.42	47.28
Long Term Solvency
Total Debt/Equity	195.7	209.07	234.26	238.93	230.23
Total Debt / Total Capital	66.18	67.65	70.08	70.5	69.72
LT Debt/Equity	179.47	191.96	216.92	221.3	212.59
Long-Term Debt / Total Capital	60.69	62.11	64.9	65.29	64.38
Total Liabilities / Total Assets	74.22	75.94	76.6	76.85	76.39
EBIT / Interest Expense	51.48	46.84	31.8	26.88	21.22
EBITDA / Interest Expense	79.69	75.13	52.39	46.28	38.13
(EBITDA - Capex) / Interest Expense	56.07	49.88	36.19	31.92	25.19
Total Debt / EBITDA	1.85	1.86	2.07	2.15	2.25
Net Debt / EBITDA	1.43	1.77	1.9	2.05	2.18
Total Debt / (EBITDA - Capex)	2.63	2.79	2.99	3.11	3.41
Net Debt / (EBITDA - Capex)	2.04	2.66	2.76	2.97	3.3
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	19.87	11.57	2.47	2.25	4.31
Gross Profit, 1 Yr. Growth %	19.02	11.06	5.15	3.22	4.78
EBITDA, 1 Yr. Growth %	16.72	12.76	5.28	2.28	2.44
EBITA, 1 Yr. Growth %	15.31	9.81	3.06	-0.77	-0.01
EBIT, 1 Yr. Growth %	15.31	9.81	3.06	-0.77	-0.01
Earnings From Cont. Operations, 1 Yr. Growth %	33.13	9.19	1.7	-0.54	-0.47
Net Income, 1 Yr. Growth %	33.13	9.19	1.7	-0.54	-0.47
Normalized Net Income, 1 Yr. Growth %	15.88	9.7	2	-1.36	-1.04
Diluted EPS Before Extra, 1 Yr. Growth %	34.95	12.78	3.91	0.99	0.98
Inventory, 1 Yr. Growth %	22.87	23.66	-2.35	7.34	8.59
Net Property, Plant and Equip., 1 Yr. Growth %	19.9	14.39	10.75	10.1	13.38
Total Assets, 1 Yr. Growth %	10.19	9.3	8.22	6.72	11.51
Tangible Book Value, 1 Yr. Growth %	4.22	-8.11	5.09	6.41	9.08
Common Equity, 1 Yr. Growth %	4.1	1.98	5.26	5.61	13.7
Cash From Operations, 1 Yr. Growth %	-18.34	19.17	-1.69	6.51	15.09
Capital Expenditures, 1 Yr. Growth %	113.75	23.06	-2.52	4	14.12
Levered Free Cash Flow, 1 Yr. Growth %	-61.79	-38.35	122.82	13.16	-0.5
Unlevered Free Cash Flow, 1 Yr. Growth %	-60.81	-35.81	116.76	13.41	1.18
Dividend Per Share, 1 Yr. Growth %	38.67	76.92	11.96	7.32	4.55
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	23.46	15.65	6.93	2.36	3.27
Gross Profit, 2 Yr. CAGR %	24.86	14.97	8.06	4.18	4
EBITDA, 2 Yr. CAGR %	32.15	17.49	8.96	3.77	2.36
EBITA, 2 Yr. CAGR %	35.77	15.75	6.39	1.13	-0.39
EBIT, 2 Yr. CAGR %	35.77	15.75	6.39	1.13	-0.39
Earnings From Cont. Operations, 2 Yr. CAGR %	33.16	20.57	5.38	0.57	-0.5
Net Income, 2 Yr. CAGR %	33.16	20.57	5.38	0.57	-0.5
Normalized Net Income, 2 Yr. CAGR %	36.28	16.08	5.78	0.31	-1.2
Diluted EPS Before Extra, 2 Yr. CAGR %	35.93	23.37	8.25	2.54	0.99
Inventory, 2 Yr. CAGR %	16.92	23.27	9.89	2.38	7.96
Net Property, Plant and Equip., 2 Yr. CAGR %	14.61	17.11	12.56	10.43	11.73
Total Assets, 2 Yr. CAGR %	21.18	9.75	8.76	7.47	9.09
Tangible Book Value, 2 Yr. CAGR %	16.18	-2.14	-1.73	5.75	7.74
Common Equity, 2 Yr. CAGR %	13.05	3.04	3.61	5.43	9.58
Cash From Operations, 2 Yr. CAGR %	18.44	-1.36	8.24	2.33	10.72
Capital Expenditures, 2 Yr. CAGR %	70	62.19	9.53	0.69	8.94
Levered Free Cash Flow, 2 Yr. CAGR %	-13	-52.29	17.2	58.79	6.11
Unlevered Free Cash Flow, 2 Yr. CAGR %	-12.18	-50.61	17.96	56.79	7.12
Dividend Per Share, 2 Yr. CAGR %	23.67	56.63	40.74	9.05	5.92
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	17.19	19.37	11.08	5.34	3
Gross Profit, 3 Yr. CAGR %	18.33	20.08	11.6	6.42	4.38
EBITDA, 3 Yr. CAGR %	23.11	23.71	13.27	6.68	3.33
EBITA, 3 Yr. CAGR %	24.98	24.52	11.36	3.95	0.75
EBIT, 3 Yr. CAGR %	24.98	24.52	11.36	3.95	0.75
Earnings From Cont. Operations, 3 Yr. CAGR %	23.27	24.63	13.92	3.37	0.23
Net Income, 3 Yr. CAGR %	23.27	24.63	13.92	3.37	0.23
Normalized Net Income, 3 Yr. CAGR %	25.27	24.75	11.18	3.35	-0.14
Diluted EPS Before Extra, 3 Yr. CAGR %	25.94	27.73	16.51	5.81	2.02
Inventory, 3 Yr. CAGR %	11.29	19.13	14.06	9.03	4.41
Net Property, Plant and Equip., 3 Yr. CAGR %	57.16	14.53	14.95	11.73	11.4
Total Assets, 3 Yr. CAGR %	36.04	17.09	9.24	8.08	8.8
Tangible Book Value, 3 Yr. CAGR %	10.65	7.44	0.21	0.91	6.85
Common Equity, 3 Yr. CAGR %	8.64	9.23	3.77	4.27	8.12
Cash From Operations, 3 Yr. CAGR %	17.92	18.68	-1.47	7.66	6.42
Capital Expenditures, 3 Yr. CAGR %	31.16	52.64	36.87	7.65	4.98
Levered Free Cash Flow, 3 Yr. CAGR %	9.71	-25.29	-20.25	15.84	35.88
Unlevered Free Cash Flow, 3 Yr. CAGR %	9.85	-23.67	-19.13	16.42	35.49
Dividend Per Share, 3 Yr. CAGR %	20.12	39.35	40.05	28.37	7.53
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	13.43	14.38	12.97	12.25	7.89
Gross Profit, 5 Yr. CAGR %	14	14.82	14.11	13.45	8.49
EBITDA, 5 Yr. CAGR %	14.4	15.84	16.32	15.31	8.77
EBITA, 5 Yr. CAGR %	14.57	15.89	16.08	14.58	6.5
EBIT, 5 Yr. CAGR %	14.57	15.89	16.08	14.58	6.5
Earnings From Cont. Operations, 5 Yr. CAGR %	17.93	20.84	15.77	14.39	7.91
Net Income, 5 Yr. CAGR %	17.93	20.84	15.77	14.39	7.91
Normalized Net Income, 5 Yr. CAGR %	14.31	15.86	15.95	14.33	6.05
Diluted EPS Before Extra, 5 Yr. CAGR %	21.36	24.09	18.54	16.96	10.05
Inventory, 5 Yr. CAGR %	9.85	13.27	10.73	12.12	11.58
Net Property, Plant and Equip., 5 Yr. CAGR %	35.55	36.98	37.52	12.87	13.65
Total Assets, 5 Yr. CAGR %	23.76	24.23	24.39	13.14	9.18
Tangible Book Value, 5 Yr. CAGR %	7.96	6.69	5.52	6.76	3.16
Common Equity, 5 Yr. CAGR %	6.62	7.56	6.6	7.7	6.06
Cash From Operations, 5 Yr. CAGR %	11.84	16.53	13.95	11.85	3.24
Capital Expenditures, 5 Yr. CAGR %	22.69	25.3	22.04	29.24	24.93
Levered Free Cash Flow, 5 Yr. CAGR %	-0.26	-9.53	10.14	1.01	-10.6
Unlevered Free Cash Flow, 5 Yr. CAGR %	0.42	-8.36	10.62	1.8	-9.51
Dividend Per Share, 5 Yr. CAGR %	17.72	28.51	27.98	26.47	25.12