Tractor Supply Company
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 12.73B | 14.20B | 14.56B | 14.88B | 15.52B | 4.3% | |
| Cost of Revenue | (8.25B) | (9.23B) | (9.33B) | (9.49B) | (10.36B) | 9.2% | |
Gross Profit | 4.48B | 4.97B | 5.23B | 5.40B | 5.16B | -4.4% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (2.90B) | (3.19B) | (3.36B) | (3.48B) | (3.69B) | 6.1% | |
| Depreciation & Amortization | (270.16M) | (343.06M) | (393.05M) | (447.16M) | (494.01M) | 10.5% | |
Operating Income (EBIT) | 1.31B | 1.43B | 1.48B | 1.47B | 1.47B | -0.0% | |
| Non-Operating Items | |||||||
| Interest Income | — | — | — | — | — | — | |
| Interest Expense | (26.61M) | (30.63M) | (46.51M) | (54.59M) | (69.14M) | 26.7% | |
| Other Income/Expenses (Net) | -26.61M | -30.63M | -46.51M | -54.59M | -69.14M | 26.7% | |
Income Before Tax | 1.28B | 1.40B | 1.43B | 1.41B | 1.40B | -1.0% | |
| Income Tax Expense | (282.97M) | (315.60M) | (325.18M) | (311.70M) | (302.16M) | -3.1% | |
Net Income | 997.11M | 1.09B | 1.11B | 1.10B | 1.10B | -0.5% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $2 | $2 | $2 | $2 | $2 | 1.0% | |
| Weighted Avg Shares Outstanding | 573.97M | 556.68M | 545.48M | 536.95M | 529.96M | -1.3% | |
| Weighted Avg Shares Outstanding (Diluted) | 579.12M | 560.75M | 548.73M | 539.65M | 532.18M | -1.4% | |
EBITDA | 1.58B | 1.78B | 1.87B | 1.91B | 1.96B | 2.4% |
Explore TSCO
TSCO in the Consumer Cyclical
Large Cap