TSCO · Tractor Supply Co /De/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.59B | - | $3.72B | $4.44B | $3.47B | - | $3.47B | $4.25B | $3.39B | - |
| Cost of Revenue | $2.29B | - | $2.33B | $2.80B | $2.21B | - | $2.18B | $2.69B | $2.17B | - |
| Gross Profit | $1.30B | - | $1.39B | $1.64B | $1.26B | - | $1.29B | $1.56B | $1.22B | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $941.15M | - | $922.45M | $940.06M | $886.21M | - | $852.30M | $884.90M | $853.44M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $126.60M | - | $113.55M | $109.27M | $104.29M | - | $113.55M | $109.27M | $104.29M | - |
| Operating Income | $233.43M | - | $342.71M | $577.81M | $249.14M | - | $324.60M | $561.46M | $263.13M | - |
| Interest Expense | $19.11M | - | $14.67M | $11.61M | $19.64M | - | $9.54M | $11.61M | $11.90M | - |
| Income Tax | $49.80M | - | $68.77M | $129.79M | $50.13M | - | $69.25M | $124.65M | $53.06M | - |
| Net Income | $164.52M | - | $259.27M | $430.04M | $179.37M | - | $241.47M | $425.20M | $198.17M | - |
| EPS - Basic | $0.31 | - | $0.49 | $0.81 | $0.34 | - | $0.45 | $0.79 | $0.37 | - |
| EPS - Diluted | $0.31 | - | $0.49 | $0.81 | $0.34 | - | $0.45 | $0.79 | $0.37 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $224.27M | $194.11M | $184.64M | $225.81M | $231.72M | $251.49M | $186.29M | $394.75M | $264.08M | $397.07M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $3.58B | $3.08B | $3.25B | $3.09B | $3.21B | $2.84B | $3.08B | $3.00B | $3.05B | $2.65B |
| Accounts Payable | $1.76B | $1.39B | $1.55B | $1.52B | $1.56B | $1.24B | $1.35B | $1.44B | $1.52B | $1.18B |
| Current Assets | $4.04B | $3.51B | $3.65B | $3.54B | $3.66B | $3.31B | $3.48B | $3.64B | $3.52B | $3.26B |
| Total Assets | $11.66B | $10.93B | $10.88B | $10.56B | $10.39B | $9.81B | $9.77B | $9.78B | $9.55B | $9.19B |
| Current Liabilities | $2.93B | $2.61B | $2.80B | $2.76B | $2.60B | $2.32B | $2.35B | $2.54B | $2.52B | $2.18B |
| Long-term Debt | $2.13B | $1.76B | $1.74B | $1.67B | $2.08B | $1.83B | $1.83B | $1.73B | $1.73B | $1.73B |
| Total Liabilities | $9.15B | $8.35B | $8.30B | $8.07B | $8.15B | $7.54B | $7.48B | $7.48B | $7.43B | $7.04B |
| Stockholders' Equity | $2.51B | $2.58B | $2.57B | $2.49B | $2.24B | $2.27B | $2.29B | $2.31B | $2.12B | $2.15B |
| Retained Earnings | $7.56B | $7.52B | $7.41B | $7.28B | $6.97B | $6.91B | $6.79B | $6.67B | $6.36B | $6.28B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $91.12M | - | - | - | $216.78M | - | - | - | $257.41M | - |
| Investing Cash Flow | ($171.34M) | - | - | - | ($261.05M) | - | - | - | ($152.26M) | - |
| Financing Cash Flow | $110.38M | - | - | - | $24.50M | - | - | - | ($238.14M) | - |
| CapEx | $202.61M | - | - | - | $141.28M | - | - | - | $157.20M | - |
| Free Cash Flow | ($111.49M) | - | - | - | $75.50M | - | - | - | $100.21M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 36.2% | - | 37.4% | 36.9% | 36.2% | - | 37.2% | 36.6% | 36.0% | - |
| Operating margin | 6.5% | - | 9.2% | 13.0% | 7.2% | - | 9.4% | 13.2% | 7.8% | - |
| EBITDA margin | 10.0% | - | 12.3% | 15.5% | 10.2% | - | 12.6% | 15.8% | 10.8% | - |
| Net margin | 4.6% | - | 7.0% | 9.7% | 5.2% | - | 7.0% | 10.0% | 5.8% | - |
| Free cash flow margin | -3.1% | - | - | - | 2.2% | - | - | - | 3.0% | - |
| FCF / Net income | -0.68 | - | - | - | 0.42 | - | - | - | 0.51 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 26.2% | - | 24.8% | 21.2% | 25.6% | - | 24.6% | 20.8% | 25.1% | - |
| Effective tax rate | 23.2% | - | 21.0% | 23.2% | 21.8% | - | 22.3% | 22.7% | 21.1% | - |
| Return on assets | 1.4% | - | 2.4% | 4.1% | 1.7% | - | 2.5% | 4.3% | 2.1% | - |
| Return on equity | 6.5% | - | 10.1% | 17.3% | 8.0% | - | 10.6% | 18.4% | 9.3% | - |
| Return on invested capital | 3.9% | - | 6.3% | 10.7% | 4.5% | - | 6.1% | 10.8% | 5.4% | - |
| Liquidity | ||||||||||
| Current ratio | 1.38 | 1.34 | 1.30 | 1.28 | 1.41 | 1.43 | 1.48 | 1.43 | 1.40 | 1.50 |
| Quick ratio | 0.16 | 0.16 | 0.14 | 0.16 | 0.17 | 0.20 | 0.17 | 0.25 | 0.19 | 0.28 |
| Cash ratio | 0.08 | 0.07 | 0.07 | 0.08 | 0.09 | 0.11 | 0.08 | 0.16 | 0.10 | 0.18 |
| Leverage | ||||||||||
| Debt / Equity | 0.85 | 0.68 | 0.68 | 0.67 | 0.93 | 0.81 | 0.80 | 0.75 | 0.81 | 0.80 |
| Debt / Assets | 0.18 | 0.16 | 0.16 | 0.16 | 0.20 | 0.19 | 0.19 | 0.18 | 0.18 | 0.19 |
| Debt / EBITDA | 5.90 | - | 3.82 | 2.44 | 5.89 | - | 4.18 | 2.58 | 4.71 | - |
| Interest coverage | 12.2x | - | 23.4x | 49.8x | 12.7x | - | 34.0x | 48.4x | 22.1x | - |
| Equity multiplier | 4.64 | 4.24 | 4.23 | 4.24 | 4.64 | 4.32 | 4.27 | 4.24 | 4.50 | 4.27 |
| Liabilities / Assets | 0.78 | 0.76 | 0.76 | 0.76 | 0.78 | 0.77 | 0.77 | 0.76 | 0.78 | 0.77 |
| Efficiency | ||||||||||
| Asset turnover | 0.31 | - | 0.34 | 0.42 | 0.33 | - | 0.36 | 0.43 | 0.36 | - |
| Inventory turnover | 0.64 | - | 0.72 | 0.91 | 0.69 | - | 0.71 | 0.90 | 0.71 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 571d | - | 510d | 403d | 530d | - | 517d | 407d | 512d | - |
| Days payable outstanding | 280d | - | 243d | 198d | 257d | - | 226d | 195d | 254d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 144.7x | - | 115.3x | 63.8x | 157.3x | - | 127.7x | 68.7x | 143.0x | - |
| P / B | 9.4x | - | 11.7x | 11.1x | 12.8x | - | 2.7x | 2.5x | 2.7x | - |
| P / S | 6.6x | - | 8.1x | 6.2x | 8.2x | - | 1.8x | 1.4x | 1.7x | - |
| EV / EBITDA | 71.1x | - | 69.3x | 42.2x | 86.0x | - | 17.8x | 10.7x | 19.5x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 3.6% | - | 7.2% | 4.5% | 2.1% | - | 1.6% | 1.5% | 2.9% | - |
| Revenue CAGR (3y) | 2.9% | - | 4.4% | 4.4% | 4.7% | - | 4.7% | 5.6% | 6.7% | - |
| Revenue CAGR (5y) | 5.2% | - | 7.4% | 6.9% | 12.1% | - | 11.8% | 13.9% | 15.1% | - |
| Gross profit growth (YoY) | 3.6% | - | 7.7% | 5.4% | 2.8% | - | 3.2% | 2.7% | 4.4% | - |
| Operating income growth (YoY) | -6.3% | - | 5.6% | 2.9% | -5.3% | - | -4.8% | 0.4% | 7.6% | - |
| Net income growth (YoY) | -8.3% | - | 7.4% | 1.1% | -9.5% | - | -5.3% | 0.9% | 8.2% | - |
| EPS growth (YoY) | -8.8% | - | 9.4% | 3.1% | -7.1% | - | -80.8% | -79.5% | -77.8% | - |
| EPS CAGR (3y) | -42.7% | - | -38.4% | -38.8% | -40.9% | - | -38.8% | -37.3% | -38.2% | - |
| EPS CAGR (5y) | -27.5% | - | -21.3% | -22.5% | -13.7% | - | -15.2% | -15.3% | -10.3% | - |
| FCF growth (YoY) | - | - | - | - | -24.7% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | 6.8% | - | - | - | - | - |
| Book value growth (YoY) | 12.3% | 13.7% | 12.4% | 8.0% | 5.4% | 5.6% | 8.4% | 10.5% | 10.9% | 5.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-27.
Business segments
$15.52B totalReportable Segment$15.52B · 100.0%
Peer comparison
Same SIC group: Retail-Building Materials, Hardware, Garden Supply
Comparing TRACTOR SUPPLY CO /DE/ against the 4 most active filers in the same SIC group.
Dividends
$0.94/share trailing 12 months · +4.4% YoY
| Ex-date | Per share |
|---|---|
| May 27, 2026 | $0.2400 |
| Feb 24, 2026 | $0.2400 |
| Nov 24, 2025 | $0.2300 |
| Aug 25, 2025 | $0.2300 |
| May 28, 2025 | $0.2300 |
| Feb 26, 2025 | $0.2300 |
| Nov 25, 2024 | $0.2200 |
| Aug 26, 2024 | $0.2200 |
| May 24, 2024 | $0.2200 |
| Feb 23, 2024 | $0.2200 |
| Nov 24, 2023 | $0.2060 |
| Aug 25, 2023 | $0.2060 |
| May 26, 2023 | $0.2060 |
| Feb 24, 2023 | $0.2060 |
| Nov 18, 2022 | $0.1840 |
| Aug 19, 2022 | $0.1840 |
| May 24, 2022 | $0.1840 |
| Feb 17, 2022 | $0.1840 |
| Nov 19, 2021 | $0.1040 |
| Aug 20, 2021 | $0.1040 |
| May 21, 2021 | $0.1040 |
| Feb 19, 2021 | $0.1040 |
| Nov 20, 2020 | $0.0800 |
| Aug 21, 2020 | $0.0800 |