TRACTOR SUPPLY CO (TSCO) Income statement

Market cap

$23.9B

P/E ratio

22x

	2010/12	2011/12	2012/12	2013/12	2014/12	2015/12	2016/12	2017/12	2018/12	2019/12	2020/12	2021/12	2022/12	2023/12	2024/12	2025/12
Revenue	3,638	4,233	4,664	5,165	5,712	6,227	6,780	7,256	7,911	8,352	10,620	12,731	14,205	14,556	14,883	15,524
Revenue growth (%)	-
Cost of revenue	2,435	2,826	3,098	3,411	3,761	4,083	4,454	4,764	5,209	5,480	6,859	8,254	9,233	9,328	9,487	9,870
Gross profit	1,204	1,407	1,566	1,754	1,950	2,143	2,325	2,492	2,703	2,872	3,762	4,477	4,972	5,228	5,397	5,655
Gross margin (%)
Selling, general & administrative	868	974	1,040	1,139	1,246	1,369	1,488	1,640	1,823	1,933	2,479	2,900	3,194	3,356	3,482	3,693
Operating margin (%)
Operating income	266	353	437	515	589	651	694	686	702	743	997	1,307	1,435	1,479	1,468	1,467
Income before tax	265	351	436	514	588	648	688	673	683	723	968	1,280	1,404	1,432	1,413	1,398
Pretax margin (%)	7.3	8.3	9.3	10	10.3	10.4	10.2	9.3	8.6	8.7	9.1	10.1	9.9	9.8	9.5	9
Provision for income taxes	97	128	159	186	217	237	251	250	151	161	219	283	316	325	312	302
Effective tax rate (%)
Net income	168	223	276	328	371	410	437	423	532	562	749	997	1,089	1,107	1,101	1,096
Net income margin (%)
Earnings per share	2.31	3.1	3.89	2.35	2.69	3.03	3.29	3.31	4.34	4.7	6.44	8.69	9.78	10.15	2.05	2.07
Diluted EPS	2.25	3.01	3.8	2.32	2.66	3	3.27	3.3	4.31	4.66	6.38	8.61	9.71	10.09	2.04	2.06
Dividend payout ratio (%)
Dividend per share	0.28	0.43	0.72	0.49	0.61	0.76	0.92	1.05	1.2	1.36	1.5	2.08	3.68	4.12	0.88	0.92
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA margin (%)	-	-	-	-	-	-	-	-	-	-	-	-