Tractor Supply Co

Chart & Performance

D1W1MN

P/E

27.24

P/S

2.02

EPS

2.08

Div Yield, %

5.83%

Shrs. gr., 5y

34.91%

Rev. gr., 5y

12.25%

Revenues

14.88b

+2.25%

Net income

1.10b

-0.54%

CFO

1.42b

+6.51%

Dividend

Aug 26, 20241.1 USD/sh

Earnings

Jul 23, 2025

Profile

Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use. It provides its products under the 4health, Producer's Pride, American Farmworks, Red Shed, Bit & Bridle, Redstone, Blue Mountain, Retriever, C.E. Schmidt, Ridgecut, Countyline, Royal Wing, Dumor, Strive, Groundwork, Traveller, Huskee, Treeline, JobSmart, TSC Tractor Supply Co, Paws & Claws, and Untamed brands. As of June 25, 2022, it operated 2,016 Tractor Supply stores in 49 states; and 178 Petsense stores in 23 states. The company operates its retail stores under the Tractor Supply Company, Del's Feed & Farm Supply, and Petsense names; and operates websites under the TractorSupply.com and Petsense.com names. It sells its products to recreational farmers, ranchers, and others. The company was founded in 1938 and is based in Brentwood, Tennessee.

URL

https://www.tractorsupply.com/

IPO date

Feb 17, 1994

Employees

52,000

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	14,883,231 2.25%	14,555,741 2.47%	14,204,717 11.57%
Cost of revenue	9,486,674	12,683,780	12,426,712
Unusual Expense (Income)
NOPBT	5,396,557	1,871,961	1,778,005
NOPBT Margin	36.26%	12.86%	12.52%
Operating Taxes	311,700	325,176	315,598
Tax Rate	5.78%	17.37%	17.75%
NOPAT	5,084,857	1,546,785	1,462,407
Net income	1,101,240 -0.54%	1,107,226 1.70%	1,088,712 9.19%
Dividends	(472,492)	(449,620)	(409,603)
Dividend yield	1.60%	1.91%	1.62%
Proceeds from repurchase of equity	(545,218)	(594,238)	(703,120)
BB yield	1.85%	2.52%	2.79%
Debt
Debt current	400,192	745,544	349,576
Long-term debt	8,616,673	7,970,228	7,026,688
Deferred revenue
Other long-term liabilities	147,413	138,065	120,003
Net debt	8,765,374	8,318,701	7,155,362
Cash flow
Cash from operating activities	1,420,835	1,334,033	1,356,979
CAPEX	(784,047)	(753,883)	(773,369)
Cash from investing activities	(643,918)	(653,069)	(1,093,726)
Cash from financing activities	(922,497)	(486,395)	(938,781)
FCF	4,838,672	498,354	532,767
Balance
Cash	251,491	397,071	202,502
Long term investments			18,400
Excess cash
Stockholders' equity	6,919,040	6,290,171	5,637,042
Invested Capital	7,842,164	7,696,581	6,423,108
ROIC	65.45%	21.91%	25.85%
ROCE	68.43%	24.13%	27.55%
EV
Common stock shares outstanding	539,652	109,746	112,149
Price	54.56 -74.63%	215.03 -4.42%	224.97 -1.45%
Market cap	29,443,413 24.77%	23,598,682 -6.47%	25,230,161 -4.57%
EV	38,208,787	31,917,383	32,385,523
EBITDA	5,843,719	2,265,010	2,121,067
EV/EBITDA	6.54	14.09	15.27
Interest	54,592	46,510	30,633
Interest/NOPBT	1.01%	2.48%	1.72%