TRACTOR SUPPLY CO /DE/

10-K & 10-Q Filings

Tractor Supply Company is the largest rural lifestyle retailer in the United States, supplying the needs of recreational farmers, ranchers, animal and pet owners, and those who enjoy living the rural lifestyle. The company operates retail stores under the names Tractor Supply Company and Petsense by Tractor Supply, with a total of 2,414 retail stores in 49 states and an e-commerce website (TractorSupply.com and Petsense.com). The business strategy includes targeting the rural lifestyle market, providing excellent customer service, offering a wide range of products, and continuously improving operations. The company's major product categories include Livestock, Equine & Agriculture, Companion Animal, Seasonal & Recreation, Truck, Tool, & Hardware, and Clothing, Gift, & Décor. The company's website is TractorSupply.com, and its ticker symbol is TSCO.

12 mos ending Dec 31, 201112 mos ending Dec 29, 201212 mos ending Dec 28, 201312 mos ending Dec 27, 201412 mos ending Dec 26, 201512 mos ending Dec 31, 201612 mos ending Dec 30, 201712 mos ending Dec 29, 201812 mos ending Dec 28, 201912 mos ending Dec 26, 202012 mos ending Dec 25, 202112 mos ending Dec 31, 202212 mos ending Dec 30, 2023CAGR %YoY %Revenue (+)
$4232.74
4664.12
5164.78
5711.72
6226.51
6779.58
7256.38
7911.05
8351.93
10620.35
12731.10
14204.72
14555.74
10.84%2.47%Cost of Revenue (-)
$2825.87
3098.07
3411.18
3761.30
4083.33
4454.38
4764.42
5208.52
5480.16
6858.80
8253.95
9232.51
9327.52
10.46%1.03%Gross Profit (+)
$1406.87
1566.05
1753.61
1950.41
2143.17
2325.20
2491.97
2702.53
2871.77
3761.55
4477.15
4972.20
5228.22
11.56%5.15%Selling, General & Administrative (-)
$973.82
1040.29
1138.93
1246.31
1369.10
1488.16
1639.75
1823.44
1932.57
2478.52
2900.30
3194.20
3356.26
10.86%5.07%Depreciation & Amortization (-)
$80.35
88.97
100.03
114.64
123.57
142.96
165.83
177.35
195.98
217.12
270.16
343.06
393.05
14.14%14.57%Non-recurring Operating Expenses (-)
$
5.08
Operating Expenses (-)
$1054.17
1129.26
1238.96
1360.94
1492.67
1631.12
1805.58
2000.79
2128.55
2764.62
3170.45
3537.26
3749.31
11.15%5.99%Costs & Expenses (Total) (-)
$3880.04
4227.33
4650.13
5122.24
5576.00
6085.50
6570.00
7209.31
7608.71
9559.53
11424.41
12769.77
13076.83
10.66%2.40%Operating Income/Loss (+)
$352.70
436.79
514.65
589.47
650.51
694.08
686.38
701.74
743.22
996.93
1306.70
1434.94
1478.91
12.69%3.06%Interest Expense (-)
$2.09
1.05
0.56
1.89
2.89
5.81
13.86
18.35
19.84
28.78
26.61
30.63
46.51
29.52%51.83%Earnings before Tax (+)
$350.62
435.74
514.09
587.59
647.62
688.27
672.52
683.38
723.38
968.15
1280.09
1404.31
1432.40
12.44%2.00%Tax Expense (-)
$127.88
159.28
185.86
216.70
237.22
251.15
249.92
151.03
161.02
219.19
282.97
315.60
325.18
8.09%3.03%Income/Loss (Continuing Operations) (+)
$222.74
276.46
328.23
370.88
410.39
437.12
422.60
532.36
562.35
748.96
997.11
1088.71
1107.23
14.30%1.70%Net Income/Loss (+)
$222.74
276.46
328.23
370.88
410.39
437.12
422.60
532.36
562.35
748.96
997.11
1088.71
1107.23
14.30%1.70%Net Income/Loss (Common) (+)
$222.74
276.46
328.23
370.88
410.39
437.12
422.60
532.36
562.35
748.96
997.11
1088.71
1107.23
14.30%1.70%EPS (Basic)
$3.10
3.89
2.35
2.69
3.03
3.29
3.31
4.34
4.70
6.44
8.69
9.78
10.15
10.39%3.78%EPS (Diluted)
$3.01
3.80
2.32
2.66
3.00
3.27
3.30
4.31
4.66
6.38
8.61
9.71
10.09
10.61%3.91%Weighted Avg Shares (Basic)
71.78
71.09
139.41
137.77
135.58
132.91
127.59
122.65
119.73
116.37
114.79
111.34
109.10
3.55%-2.01%Weighted Avg Shares (Diluted)
73.92
72.76
141.72
139.44
136.84
133.81
128.20
123.47
120.74
117.44
115.82
112.15
109.75
3.35%-2.14%Cash
$198.84
147.03
142.74
51.13
63.81
53.92
109.15
86.30
84.24
1341.76
878.03
202.50
397.07
5.93%96.08%Short-term Investments
$
Inventory
$830.82
908.12
979.31
1115.45
1284.38
1369.66
1453.21
1589.54
1602.78
1783.27
2191.19
2709.60
2645.85
10.13%-2.35%Prepaid Expenses (Current)
$51.73
51.81
57.36
66.44
87.51
90.56
88.25
114.45
100.86
133.66
164.12
245.68
218.55
12.76%-11.04%Other Assets (Current)
$8.87
23.10
29.84
40.96
49.73
Assets (Current)
$1090.25
1130.05
1209.25
1273.99
1485.43
1517.81
1655.37
1794.40
1787.89
3258.68
3250.44
3157.78
3263.94
9.57%3.36%Property, Plant & Equipment (Net)
$480.86
550.00
664.93
721.00
847.58
962.31
1044.50
1134.46
3352.76
1248.96
4403.66
5037.42
5579.16
22.66%10.75%Accumulated Depreciation
$-455.58
519.18
603.91
696.35
796.34
911.56
1049.23
1203.08
Goodwill & Intangibles
$10.26
10.26
10.26
10.26
10.26
Other Assets
$469.05
125.62
159.18
184.14
207.58
422.88
440.56
510.01
148.62
2541.47
130.46
294.80
347.52
-2.47%17.88%Assets (Non-current)
$504.58
575.28
694.14
760.58
885.39
1160.81
1218.16
1294.97
3501.38
3790.43
4534.13
5332.22
5926.67
22.79%11.15%Assets (Total)
$1594.83
1706.81
1903.39
2034.57
2370.83
2674.94
2868.77
3085.26
5289.27
7049.12
7767.47
8489.99
9188.15
15.71%8.22%Accounts Payable
$412.33
560.47
532.10
602.88
670.41
765.90
820.67
908.21
936.47
1440.55
1739.66
2026.64
1804.31
13.09%-10.97%Debt (Current)
$0.03
0.04
0.04
0.21
0.88
11.29
28.55
29.95
30.00
4.55
3.90
3.18
3.31
46.82%4.15%Other Liabilities (Current)
$48.26
281.13
298.70
321.29
346.40
369.46
18.49%6.66%Liabilities (Current)
$460.63
560.50
532.14
603.09
671.28
777.19
849.21
938.11
1247.60
1743.80
2064.84
2376.21
2177.08
13.82%-8.38%Debt (Non-current)
$1.28
1.24
1.20
4.96
166.99
289.77
433.69
410.37
2031.55
1017.42
1019.23
1198.71
1760.35
82.57%46.85%Other Liabilities
$124.63
118.61
123.16
132.96
139.26
154.76
167.20
174.97
442.99
2364.06
2680.73
2872.65
3100.95
30.71%7.95%Liabilities (Non-current)
$125.92
119.85
124.36
137.92
306.25
444.53
600.88
585.34
2474.55
3381.48
3699.96
4071.36
4861.31
35.59%19.40%Liabilities (Total)
$586.54
681.83
656.50
741.01
977.53
1221.72
1450.10
1523.44
3722.14
5125.28
5764.80
6447.57
7038.39
23.01%9.16%Treasury Stock
$-437.37
709.17
838.59
1137.09
1429.79
1761.50
2130.90
2480.68
3014.00
3356.95
4155.85
4855.91
5458.85
12.42%Retained Earnings
$1146.59
1371.73
1631.48
1918.31
2225.60
2540.45
2829.22
3213.89
3612.83
4187.14
4945.24
5624.35
6281.96
15.23%11.69%AOCI
$
1.39
2.76
3.81
11.28
6.79
-39.75%Shareholder's Equity
$1008.29
1024.97
1246.89
1293.56
1393.29
1453.22
1418.67
1561.82
1567.12
1923.84
2002.66
2042.42
2149.76
6.51%5.26%Liabilities & Equity
$1594.83
1706.81
1903.39
2034.57
2370.83
2674.94
2868.77
3085.26
5289.27
7049.12
7767.47
8489.99
9188.15
15.71%8.22%Net Income/Loss
$222.74
276.46
328.23
370.88
410.39
437.12
422.60
532.36
562.35
748.96
997.11
1088.71
1107.23
14.30%1.70%Depreciation & Amortization
$80.35
88.97
100.03
114.64
123.57
142.96
165.83
177.35
195.98
217.12
270.16
343.06
393.05
14.14%14.57%Increase/Decrease in Working Capital
$-152.04
-47.57
56.68
54.24
92.04
-36.52
13.37
55.56
-15.79
-350.00
209.40
182.48
181.42
-0.58%Share-based Compensation
$15.04
17.64
13.89
16.17
19.42
23.55
29.20
28.92
31.14
37.27
47.65
53.83
57.02
11.74%5.91%Adjustments to Reconcile Net Income
$31.40
101.84
5.45
38.29
18.78
201.92
208.85
162.04
249.36
645.56
141.61
268.27
226.81
17.91%-15.45%Net Cash (Operating)
$254.14
378.30
333.68
409.18
429.18
639.04
631.45
694.39
811.72
1394.52
1138.72
1356.98
1334.03
14.82%-1.69%Capital Expenditure
$-166.91
152.55
217.72
160.28
235.91
369.26
239.18
276.31
214.96
292.21
627.34
1093.73
667.38
-38.98%Net Cash (Investing)
$-171.36
-139.07
-209.32
-160.28
-235.91
-369.26
-237.96
-276.31
-214.96
-292.21
-627.34
-1093.73
-653.07
40.29%Increase/Decrease in Debt
$0.09
-0.04
-0.04
-0.11
149.49
123.85
150.05
-22.00
-11.25
602.50
173.94
567.19
107.31%226.08%Increase/Decrease in Equity
$211.46
-245.22
-91.10
-270.41
-251.02
-290.70
-353.07
-270.13
-417.34
-243.62
-716.64
-674.53
-569.99
15.50%Interest Expenses
$0.61
1.22
0.78
0.91
2.28
6.12
10.48
18.07
19.15
24.54
23.60
26.37
56.31
45.73%113.58%Dividends Paid
$-30.85
51.32
68.48
84.06
103.10
122.27
133.83
147.09
162.70
174.66
239.01
409.60
449.62
9.77%Net Cash (Financing)
$-163.16
-277.56
-120.25
-340.50
-180.59
-279.67
-338.26
-440.93
-598.81
155.21
-975.11
-938.78
-486.39
48.19%Cash Taxes Paid
$103.63
128.31
188.00
213.64
226.97
232.26
219.08
146.92
144.38
235.32
291.67
239.13
325.22
10.00%36.00%Increase/Decrease in Cash
$-80.37
-38.34
4.11
-91.61
12.68
-9.90
55.23
-22.85
-2.06
1257.52
-463.73
-675.53
194.57
128.80%Cash (Beginning)
$257.34
176.97
138.63
142.74
51.13
63.81
53.92
109.15
86.30
84.24
1341.76
878.03
202.50
-1.98%-76.94%Cash (Ending)
$176.97
138.63
142.74
51.13
63.81
53.92
109.15
86.30
84.24
1341.76
878.03
202.50
397.07
6.97%96.08%NOPAT
$248.46
308.18
326.44
375.15
422.53
459.86
462.79
550.87
594.88
754.61
1008.97
1190.60
1143.13
13.56%-3.99%Gross Margin %
33.24%
33.58%
33.95%
34.15%
34.42%
34.30%
34.34%
34.16%
34.38%
35.42%
35.17%
35.00%
35.92%
Operating Margin %
8.33%
9.36%
9.96%
10.32%
10.45%
10.24%
9.46%
8.87%
8.90%
9.39%
10.26%
10.10%
10.16%
NOPAT Margin %
5.87%
6.61%
6.32%
6.57%
6.79%
6.78%
6.38%
6.96%
7.12%
7.11%
7.93%
8.38%
7.85%
Net Margin %
5.26%
5.93%
6.36%
6.49%
6.59%
6.45%
5.82%
6.73%
6.73%
7.05%
7.83%
7.66%
7.61%
Tax Rate %
29.56%
29.45%
36.57%
36.36%
35.05%
33.75%
32.58%
21.50%
19.96%
24.31%
22.78%
17.03%
22.70%
ROA
15.58%
18.06%
17.15%
18.44%
17.82%
17.19%
16.13%
17.86%
11.25%
10.71%
12.99%
14.02%
12.44%
ROE
24.64%
30.07%
26.18%
29.00%
30.33%
31.64%
32.62%
35.27%
37.96%
39.22%
50.38%
58.29%
53.17%
ROIC
21.87%
27.85%
24.68%
27.56%
26.03%
26.88%
24.69%
27.32%
14.64%
28.61%
17.59%
19.86%
16.68%
Asset Turnover
2.65
2.73
2.71
2.81
2.63
2.53
2.53
2.56
1.58
1.51
1.64
1.67
1.58
Inventory Turnover
3.40
3.41
3.48
3.37
3.18
3.25
3.28
3.28
3.42
3.85
3.77
3.41
3.53
Equity Multiplier
1.58
1.67
1.53
1.57
1.70
1.84
2.02
1.98
3.38
3.66
3.88
4.16
4.27
Current Ratio
2.37
2.02
2.27
2.11
2.21
1.95
1.94
1.91
1.43
1.87
1.57
1.33
1.50
Quick Ratio
0.43
0.26
0.27
0.08
0.10
0.07
0.13
0.09
0.07
0.77
0.43
0.09
0.18
Debt/Equity Ratio
0.00
0.00
0.00
0.00
0.12
0.21
0.33
0.28
1.32
0.53
0.51
0.59
0.82
Interest Coverage Ratio
574.43
358.32
659.81
650.63
284.94
113.34
65.49
38.84
38.82
40.62
55.37
54.42
26.26
Working Capital/Sales
0.15
0.12
0.13
0.11
0.12
0.11
0.11
0.11
0.09
0.13
0.10
0.07
0.09
Dividend Payout Ratio %
-12.42%
16.65%
20.98%
22.41%
24.40%
26.59%
28.92%
26.70%
27.35%
23.15%
23.69%
34.40%
39.33%
Total Payout
$-241.78
297.80
160.40
355.50
206.91
295.24
347.33
457.28
610.43
-159.69
979.25
936.56
508.74
-45.68%Payout Ratio %
-97.31%
96.63%
49.14%
94.76%
48.97%
64.20%
75.05%
83.01%
102.61%
-21.16%
97.05%
78.66%
44.50%