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 | FY2025 ended December 27, 2025 | FY2024 ended December 28, 2024 | FY2023 ended December 30, 2023 | FY2022 ended 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.
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.