Tractor Supply Income Statement
TSCO / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Tractor Supply reported $15.5B in revenue and $1.1B in net income for FY2025. Revenue has grown at a 9.7% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 43.0%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.5B | $14.9B | $14.6B | $14.2B | $12.7B | $10.6B | $8.4B | $7.9B | $7.3B | $6.8B | $6.2B | $5.7B | $5.2B | $4.7B | $4.2B |
| Cost of Revenue | $9.9B | $9.5B | $9.3B | $9.2B | $8.3B | $6.9B | $5.5B | $5.2B | $4.8B | $4.5B | $4.1B | $3.8B | $3.4B | $3.1B | $2.8B |
| Gross Profit | $5.7B | $5.4B | $5.2B | $5.0B | $4.5B | $3.8B | $2.9B | $2.7B | $2.5B | $2.3B | $2.1B | $2.0B | $1.8B | $1.6B | $1.4B |
| SG&A Expense | $3.7B | $3.5B | $3.4B | $3.2B | $2.9B | $2.5B | $1.9B | $1.8B | $1.6B | $1.5B | $1.4B | $1.2B | $1.1B | $1.0B | $973.8M |
| Operating Income | $1.5B | $1.5B | $1.5B | $1.4B | $1.3B | $996.9M | $743.2M | $701.7M | $686.4M | $694.1M | $650.5M | $589.5M | $514.6M | $436.8M | $352.7M |
| Interest Expense | $69.1M | $54.6M | $46.5M | $30.6M | $26.6M | $28.8M | $19.8M | $18.4M | $13.9M | $5.8M | $2.9M | $1.9M | $557.0K | $1.1M | $2.1M |
| Income Tax | $302.2M | $311.7M | $325.2M | $315.6M | $283.0M | $219.2M | $161.0M | $151.0M | $249.9M | $251.2M | $237.2M | $216.7M | $185.9M | $159.3M | $127.9M |
| Net Income | $1.1B | $1.1B | $1.1B | $1.1B | $997.1M | $749.0M | $562.4M | $532.4M | $422.6M | $437.1M | $410.4M | $370.9M | $328.2M | $276.5M | $222.7M |
| EPS (Basic) | $2.03 | $1.96 | $8.69 | $6.44 | $4.70 | $4.34 | $3.31 | $3.29 | $3.03 | $2.69 | $2.35 | $1.94 | $1.55 | $2.31 | $1.66 |
| EPS (Diluted) | $2.02 | $1.94 | $8.61 | $6.38 | $4.66 | $4.31 | $3.30 | $3.27 | $3.00 | $2.66 | $2.32 | $1.90 | $1.51 | $2.25 | $1.63 |
| Shares Outstanding | 532.2M | 539.9M | 110.3M | 113.1M | 116.2M | 118.2M | 121.8M | 125.3M | 130.8M | 134.2M | 136.4M | 139.7M | 139.0M | 71.3M | 72.8M |
| Gross Margin | 36.4% | 36.3% | 35.9% | 35.0% | 35.2% | 35.4% | 34.4% | 34.2% | 34.3% | 34.3% | 34.4% | 34.2% | 34.0% | 33.6% | 33.2% |
| Operating Margin | 9.4% | 9.9% | 10.2% | 10.1% | 10.3% | 9.4% | 8.9% | 8.9% | 9.5% | 10.2% | 10.4% | 10.3% | 10.0% | 9.4% | 8.3% |
| Profit Margin | 7.1% | 7.4% | 7.6% | 7.7% | 7.8% | 7.0% | 6.7% | 6.7% | 5.8% | 6.5% | 6.6% | 6.5% | 6.4% | 5.9% | 5.3% |