TSCO financial statements

The full income statement, balance sheet, and cash-flow statement for Tractor Supply Company (TSCO), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 27 ’25	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofJan 26 ’22
Revenue	15.5B YoY+4.3%	14.9B YoY+2.2%	14.6B YoY+2.5%	14.2B	—
	5.65B YoY+4.8%	5.40B YoY+3.2%	5.23B YoY+5.1%	4.97B	—
Cost of revenue	9.87B YoY+4.0%	9.49B YoY+1.7%	9.33B YoY+1.0%	9.23B	—
Selling, general & administrative	3.69B YoY+6.1%	3.48B YoY+3.7%	3.36B YoY+5.1%	3.19B	—
Operating income	1.47B YoY-0.0%	1.47B YoY-0.8%	1.48B YoY+3.1%	1.43B	—
Interest expense	69.1M YoY+26.7%	54.6M YoY+17.4%	46.5M YoY+51.8%	30.6M	—
Pre-tax income	1.40B YoY-1.0%	1.41B YoY-1.4%	1.43B YoY+2.0%	1.40B	—
Income tax	302M YoY-3.1%	312M YoY-4.1%	325M YoY+3.0%	316M	—
Net income	1.10B YoY-0.5%	1.10B YoY-0.5%	1.11B YoY+1.7%	1.09B	—
	$2.06 YoY+1.0%	$2.04 YoY+1.0%	$2.02	—	—
EPS (basic)	$2.07 YoY+1.0%	$2.05 YoY+1.0%	$2.03	—	—
	530M YoY-1.3%	537M YoY-1.6%	545M YoY-2.0%	557M	—
	532M YoY-1.4%	540M YoY-1.7%	549M YoY-2.1%	561M	—
Dividends per share	$0.92 YoY+4.5%	$0.88 YoY+7.3%	$0.82	—	—
Balance Sheet	as ofDec 27 ’25	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofJan 26 ’22
	3.51B YoY+6.0%	3.31B YoY+1.4%	3.26B YoY+3.4%	3.16B	—
Cash & equivalents	194M YoY-22.8%	251M YoY-36.7%	397M YoY+96.1%	203M	—
Inventory	3.08B YoY+8.6%	2.84B YoY+7.3%	2.65B YoY-2.4%	2.71B	—
Prepaid expenses	203M YoY+3.0%	197M YoY-10.0%	219M YoY-11.0%	246M	—
	10.9B YoY+11.5%	9.81B YoY+6.7%	9.19B YoY+8.2%	8.49B	—
Property, plant & equipment	3.03B YoY+11.0%	2.73B YoY+11.9%	2.44B YoY+17.0%	2.08B	—
Operating lease right-of-use	3.94B YoY+15.3%	3.42B YoY+8.7%	3.14B YoY+6.4%	2.95B	—
Goodwill	347M YoY+40.7%	246M YoY+0.0%	246M YoY+7.1%	230M	—
Intangible assets	52.0M YoY+125.1%	23.1M YoY+0.0%	23.1M YoY+0.0%	23.1M	—
Other non-current assets	62.2M YoY-25.3%	83.2M YoY+10.1%	75.5M YoY+81.9%	41.5M	—
	2.61B YoY+12.7%	2.32B YoY+6.5%	2.18B YoY-8.4%	2.38B	—
Accounts payable	1.39B YoY+12.5%	1.24B YoY+4.8%	1.18B YoY-15.6%	1.40B	—
Accrued liabilities	653M YoY+12.3%	582M YoY+9.2%	533M YoY+6.9%	499M	—
Current lease liability	450M YoY+13.3%	397M YoY+7.4%	369M YoY+6.7%	346M	—
	8.35B YoY+10.8%	7.54B YoY+7.1%	7.04B YoY+9.2%	6.45B	—
Long-term debt	1.76B YoY-3.7%	1.83B YoY+6.0%	1.73B YoY+48.5%	1.16B	—
Non-current lease liability	3.69B YoY+16.7%	3.16B YoY+9.0%	2.90B YoY+6.6%	2.72B	—
Deferred tax liabilities	95.0M YoY+114.4%	44.3M YoY-26.2%	60.0M YoY+95.1%	30.8M	—
Other non-current liabilities	155M YoY+5.4%	147M YoY+6.8%	138M YoY+15.1%	120M	—
	2.58B YoY+13.7%	2.27B YoY+5.6%	2.15B YoY+5.3%	2.04B	—
Preferred stock	—	—	0.00	0.00	—
Common stock	7.13M YoY+0.2%	7.12M YoY+0.3%	7.09M YoY+401.3%	1.42M	—
Additional paid-in capital	1.44B YoY+4.7%	1.38B YoY+4.9%	1.31B YoY+4.1%	1.26B	—
Retained earnings	7.52B YoY+8.8%	6.91B YoY+10.0%	6.28B YoY+11.7%	5.62B	—
Treasury stock	6.39B YoY+6.0%	6.03B YoY+10.4%	5.46B YoY+12.4%	4.86B	—
Accumulated other comprehensive income	0.00 YoY-100.0%	1.22M YoY-82.1%	6.79M YoY-39.8%	11.3M	—
Total liabilities & equity	10.9B YoY+11.5%	9.81B YoY+6.7%	9.19B YoY+8.2%	8.49B	—
	891M YoY+0.2%	890M YoY+0.3%	887M YoY+0.3%	884M	—
	527M YoY-1.0%	532M YoY-1.4%	540M YoY-2.1%	551M	—
	526M YoY-1.0%	532M YoY-1.5%	540M YoY-2.0%	550M	—
Cash Flow	as ofDec 27 ’25	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofJan 26 ’22
	1.64B YoY+15.1%	1.42B YoY+6.5%	1.33B YoY-1.7%	1.36B	—
Depreciation & amortization	494M YoY+10.5%	447M YoY+13.8%	393M YoY+14.6%	343M	—
Share-based compensation	57.1M YoY+18.0%	48.4M YoY-15.2%	57.0M YoY+5.9%	53.8M	—
Deferred income taxes	61.3M YoY+371.1%	-22.6M YoY-466.2%	6.17M YoY-88.1%	51.7M	—
Change in inventory	226M YoY+16.1%	194M YoY+575.4%	-40.9M YoY-111.7%	350M	—
Change in payables	143M YoY+154.4%	56.4M YoY+125.8%	-219M YoY-234.8%	162M	—
	-779M YoY-20.9%	-644M YoY+1.4%	-653M YoY+40.3%	-1.09B	—
Capital expenditure	895M YoY+14.1%	784M YoY+4.0%	754M YoY-2.5%	773M	—
Free cash flow	740M YoY+16.3%	637M YoY+9.8%	580M YoY-0.6%	584M	—
Acquisitions	140M	0.00	0.00 YoY-100.0%	391M	—
Proceeds from sale of PP&E	256M YoY+82.8%	140M YoY+62.0%	86.5M YoY+8185.8%	1.04M	—
	-914M YoY+0.9%	-922M YoY-89.7%	-486M YoY+48.2%	-939M	—
Long-term debt issued	0.00	0.00	0.00	0.00	—
Long-term debt repaid	0.00	0.00	0.00	0.00	—
Common stock issued	0.00	0.00	0.00	0.00	—
Common stock repurchased	361M YoY-35.6%	561M YoY-5.7%	594M YoY-15.1%	700M	—
Dividends paid	488M YoY+3.2%	472M YoY+5.1%	450M YoY+9.8%	410M	—
Net change in cash	-57.4M YoY+60.6%	-146M YoY-174.8%	195M YoY+128.8%	-676M	—
Interest paid	69.8M YoY+5.9%	65.9M YoY+17.0%	56.3M YoY+111.4%	26.6M	—
Income taxes paid	—	351M YoY+8.1%	325M YoY+36.0%	239M	—
Valuation Ratios	as ofDec 27 ’25	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofJan 26 ’22
Market cap	27.2B YoY-6.8%	29.1B YoY+25.4%	23.2B YoY-7.6%	25.2B YoY+6.8%	23.6B YoY+37.8%
P/E	24.6× YoY-6.2%	26.2× YoY+22.7%	21.4× YoY-22.7%	27.6× YoY+6.8%	25.9× YoY+14.4%
P/S	1.8× YoY-10.6%	2.0× YoY+20.6%	1.6× YoY+30.3%	1.3× YoY+6.8%	1.2× YoY-31.7%
P/B	10.6× YoY-17.1%	12.7× YoY+15.6%	11.0× YoY-21.7%	14.1× YoY+20.5%	11.7× YoY+27.9%
P/FCF	28.5× YoY-47.7%	54.5× YoY+36.9%	39.8× YoY+18.1%	33.7× YoY+6.8%	31.6× YoY+115.6%
	4.1% YoY+6.6%	3.8% YoY-18.5%	4.7% YoY+29.3%	3.6% YoY-6.3%	3.9% YoY-12.6%
	3.5% YoY+91.2%	1.8% YoY-26.9%	2.5% YoY-15.3%	3.0% YoY-6.3%	3.2% YoY-53.6%
	1.8% YoY+11.0%	1.6% YoY-15.4%	1.9%	—	—
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: TSCO's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TSCO filings on SEC EDGAR → Not investment advice.