The Tip Desk

TRACTOR SUPPLY CO /DE/

Company Stats

Market Cap
$16.3B
as of Sep 30, 2026
Shares Outstanding
521.0M
Free Float
99.7%

Income Statement

Revenue
$15.5B
Operating Income
$1.5B
Net Income
$1.1B
EBITDA
$2.0B
Revenue Growth, 3Y
3.0%
FCF Margin, 3Y Avg
4.3%
FCF Margin, Worst Year
4.0%

Cash Flow

Free Cash Flow
$740.5M
FCF Yield
4.5%
Owner FCF Yield
4.2%

Balance Sheet

Cash & Equivalents
$194.1M

Returns & Capital

Dividends Paid
$487.7M
Dividend Yield
3.0%
Dividend Payout, 3Y Avg
42.7%
Share Repurchases
$361.3M
Buyback Yield, 3Y Avg
3.1%
SBC, 3Y Avg
$54.1M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$15.5B$740.5M4.8%
FY2024$14.9B$636.8M4.3%
FY2023$14.6B$580.1M4.0%
FY2022$14.2B$583.6M4.1%
FY2021$12.7B$510.3M4.0%

Annual filing data through FY ended December 27, 2025; shares and float as of October 25, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage