--- title: "Tractor Supply: Metrics Guide" description: "Tractor Supply revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/tractor-supply/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Tractor Supply: Financial & Operating Metrics Guide ## Direct Answer Tractor Supply reported revenue of $15.5 billion for the fiscal year ended December 27, 2025, with an operating margin of 9.5% and net income of $1.1 billion, according to its SEC filings. Revenue grew 4.3% from the prior year. ## What Are Tractor Supply's Key Financial Figures? | Fiscal year | FY2025ended December 27, 2025 | FY2024ended December 28, 2024 | FY2023ended December 30, 2023 | FY2022ended December 31, 2022 | | --- | --- | --- | --- | --- | | Revenue | $15.5 billion | $14.9 billion | $14.6 billion | $14.2 billion | | Operating income | $1.5 billion | $1.5 billion | $1.5 billion | $1.4 billion | | Operating margin | 9.5% | 9.9% | 10.2% | 10.1% | | Net income | $1.1 billion | $1.1 billion | $1.1 billion | $1.1 billion | | Net margin | 7.1% | 7.4% | 7.6% | 7.7% | | Operating cash flow | $1.6 billion | $1.4 billion | $1.3 billion | $1.4 billion | | Capital expenditures | $895 million | $784 million | $754 million | $773 million | | Free cash flow | $740 million | $637 million | $580 million | $584 million | Operating margin held roughly steady between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $740 million against net income of $1.1 billion; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement. ![Bar chart of Tractor Supply revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $15.5 billion, operating income $1.5 billion and net income $1.1 billion.](https://www.getswoopr.com/images/charts/tractor-supply-metrics-revenue-profit.webp) *Tractor Supply revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Tractor Supply operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was 9.5% and net margin was 7.1%.](https://www.getswoopr.com/images/charts/tractor-supply-metrics-margins.webp) *Tractor Supply operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Tractor Supply operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $1.6 billion, capital expenditures was $895 million, free cash flow was $740 million.](https://www.getswoopr.com/images/charts/tractor-supply-metrics-cash-flow.webp) *Tractor Supply operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Tractor Supply's Balance Sheet Show? | Cash and cash equivalents | $194 million | | --- | --- | | Long-term debt | $1.8 billion | | Total assets | $10.9 billion | | Total liabilities | $8.4 billion | | Shareholders' equity | $2.6 billion | | Current ratio | 1.3x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Tractor Supply reported in its own SEC filings, read from the SEC's XBRL data (accession 0000916365-26-000014 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Tractor Supply's revenue in fiscal 2025? Tractor Supply reported revenue of $15.5 billion for the fiscal year ended December 27, 2025, according to its SEC filings. ### What is Tractor Supply's operating margin? Tractor Supply's operating margin was 9.5% in fiscal 2025: operating income of $1.5 billion on revenue of $15.5 billion. ### How much free cash flow did Tractor Supply generate? Operating cash flow of $1.6 billion less capital expenditures of $895 million gives free cash flow of $740 million for fiscal 2025. ## References - [SEC EDGAR: TRACTOR SUPPLY CO /DE/ Form 10-K filed February 19, 2026](https://www.sec.gov/Archives/edgar/data/916365/000091636526000014/tsco-20251227.htm) - [SEC EDGAR: TRACTOR SUPPLY CO /DE/ annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=916365&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Tractor Supply company dossier](https://www.getswoopr.com/stocks/companies/tractor-supply/) - [Tractor Supply financial metrics](https://www.getswoopr.com/stocks/companies/tractor-supply/metrics/) - [Tractor Supply financial risk indicators](https://www.getswoopr.com/stocks/companies/tractor-supply/risks/) - [Tractor Supply peer comparison](https://www.getswoopr.com/stocks/companies/tractor-supply/competitors/) - [Tractor Supply business model and revenue mix](https://www.getswoopr.com/stocks/companies/tractor-supply/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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