Tractor Supply Company (TSCO) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 91.12M | 324.83M | 307.85M | 785.8M | 216.78M | 517.23M | 86.27M | 559.93M | 257.41M | 396.11M | 155.6M | 762.77M | 19.55M | 730.65M | 725K | 566.54M | 59.07M | 266.88M | 62.93M | 631.79M |
| Operating CF Margin % | 2.54% | 8.33% | 8.28% | 17.7% | 6.25% | 13.71% | 2.49% | 13.19% | 7.58% | 10.82% | 4.56% | 18.23% | 0.59% | 18.24% | 0.02% | 14.51% | 1.95% | 8.04% | 2.09% | 17.54% |
| Operating CF Growth % | -57.97% | -37.2% | 256.86% | 40.34% | -15.79% | 30.58% | -44.56% | -26.59% | 1216.4% | -45.79% | 21362.76% | 34.64% | -66.89% | 173.77% | -98.85% | -10.33% | -66.65% | -31.49% | 431.64% | -30.51% |
| Net Income | 164.52M | 227.41M | 259.27M | 430.04M | 179.37M | 236.41M | 241.47M | 425.2M | 198.17M | 247.9M | 255M | 421.23M | 183.09M | 270.87M | 234.14M | 396.48M | 187.23M | 221.34M | 224.4M | 370.02M |
| Depreciation & Amortization | 126.6M | 127.76M | 124.07M | 122.1M | 120.08M | 120.06M | 113.55M | 109.27M | 104.29M | 103.27M | 90.26M | 102.28M | 97.23M | 94.82M | 87.24M | 83.36M | 77.65M | 75.43M | 69.82M | 64.85M |
| Stock-Based Compensation | 17.63M | 15.77M | 15.31M | 12.75M | 13.23M | 13.24M | 10M | 10.68M | 14.45M | 11.87M | 14.97M | 15.66M | 14.51M | 15.3M | 13.68M | 12.53M | 12.32M | 11.91M | 12.54M | 10.88M |
| Deferred Taxes | 23.5M | 44.51M | 40.81M | -25.73M | 1.68M | -1.39M | -10.5M | -19.85M | 9.14M | -1.91M | -22.83M | -14.76M | 45.67M | 9.72M | 3.28M | -1.23M | 39.92M | 14.15M | 2.18M | -7.34M |
| Other Non-Cash Items | -22.74M | 75.13M | -32.63M | -16.01M | -17.41M | -23.75M | -34.54M | -5.51M | 1.3M | -20.55M | -26.99M | -335K | -139K | 705K | 859K | 268K | 326K | 750K | -457K | 3.64M |
| Working Capital Changes | -218.4M | -165.75M | -98.99M | 262.64M | -80.16M | 172.66M | -233.71M | 40.16M | -69.94M | 55.53M | -154.81M | 238.68M | -320.82M | 339.24M | -338.47M | 75.13M | -258.37M | -56.7M | -245.56M | 189.74M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | -499.51M | 168.74M | -162.52M | 123.58M | -355.49M | 242.34M | -82.49M | 48.69M | -402.87M | 188.39M | -182.15M | 355.74M | -321.12M | 137.26M | -193.06M | 83.04M | -376.99M | 8.58M | -206.95M | 91.85M |
| Change in Payables | 369.59M | -158.34M | 30.08M | -40.12M | 311.81M | -113.64M | -86.7M | -79.16M | 335.88M | -232.38M | 139.95M | -254.65M | 128.25M | 98.37M | -60.92M | -61.13M | 186.01M | -42.18M | -24.1M | 39.99M |
| Cash from Investing | -171.34M | -101.71M | -228.2M | -187.62M | -261.05M | -183.79M | -128.79M | -179.07M | -152.26M | -198.46M | -110.1M | -186.83M | -157.68M | -642.74M | -185.85M | -152.84M | -112.29M | -246.08M | -165.55M | -115.19M |
| Capital Expenditures | -171.34M | -265.56M | -277.57M | -210.36M | -141.28M | -246.03M | -188.2M | -192.62M | -157.2M | -227.16M | -177.14M | -191.64M | -157.94M | -322.21M | -185.85M | -152.92M | -112.39M | -246.07M | -166.33M | -115.29M |
| CapEx % of Revenue | 4.77% | 6.81% | 7.46% | 4.74% | 4.08% | 6.52% | 5.43% | 4.54% | 4.63% | 6.21% | 5.19% | 4.58% | 4.79% | 8.04% | 5.68% | 3.92% | 3.72% | 7.41% | 5.51% | 3.2% |
| Acquisitions | 0 | 0 | 41K | 689K | -140.63M | 0 | 0 | 0 | 0 | 0 | 10M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 163.85M | 49.33M | 22.05M | 20.85M | 62.23M | 59.41M | 13.54M | 4.94M | 28.7M | 57.04M | 4.81M | 259K | -320.53M | -9K | 79K | 99K | -3K | 778K | 94K |
| Cash from Financing | 110.38M | -213.66M | -120.83M | -604.09M | 24.5M | -268.23M | -165.93M | -250.2M | -238.14M | -222.27M | -243.85M | -145.98M | 125.71M | -96.65M | -134.45M | -288.31M | -419.38M | -254.49M | -197.67M | -254.53M |
| Debt Issued (Net) | 360M | 93.05M | 69.01M | -410.99M | 248.93M | -3.47M | 99.55M | 339K | -1.2M | -1.2M | -801K | 133.83M | 435.37M | 87.23M | 89.24M | -1.33M | -1.2M | -1.21M | -1.16M | -1.12M |
| Equity Issued (Net) | -108.42M | -96.58M | -67.97M | -71.12M | -102.03M | -147.45M | -147.64M | -132M | -118.13M | -109.67M | -131.05M | -157.31M | -196.22M | -82.22M | -121.83M | -184.35M | -314.71M | -194.1M | -137.14M | -193.51M |
| Dividends Paid | -126.38M | -121.42M | -121.86M | -121.98M | -122.4M | -117.31M | -117.83M | -118.54M | -118.81M | -111.4M | -112M | -112.77M | -113.45M | -101.65M | -101.86M | -102.62M | -103.47M | -59.17M | -59.37M | -59.9M |
| Share Repurchases | -118.02M | -101.56M | -75.25M | -75.42M | -109.04M | -154.29M | -151.81M | -138.63M | -139.84M | -114.21M | -135.65M | -163.94M | -204.84M | -92.26M | -124.33M | -189.44M | -322.62M | -201.16M | -142.31M | -204.83M |
| Other Financing | -14.82M | -88.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | 30.16M | 9.47M | -41.17M | -5.91M | -19.77M | 65.2M | -208.45M | 130.66M | -132.99M | -24.62M | -198.34M | 429.95M | -12.42M | -8.74M | -319.58M | 125.39M | -472.6M | -233.68M | -300.29M | 262.07M |
| Free Cash Flow | -80.22M | 59.28M | 30.28M | 575.44M | 75.5M | 271.2M | -101.93M | 367.32M | 100.21M | 168.95M | -21.53M | 571.12M | -138.39M | 408.43M | -185.12M | 413.62M | -53.32M | 20.81M | -103.4M | 516.5M |
| FCF Margin % | -2.23% | 1.52% | 0.81% | 12.96% | 2.18% | 7.19% | -2.94% | 8.65% | 2.95% | 4.62% | -0.63% | 13.65% | -4.19% | 10.19% | -5.66% | 10.6% | -1.76% | 0.63% | -3.43% | 14.34% |
| FCF Growth % | -206.25% | -78.14% | 129.71% | 56.66% | -24.66% | 60.52% | -373.4% | -35.69% | 172.41% | -58.64% | 88.37% | 38.08% | -159.54% | 1862.68% | -79.04% | -19.92% | -169.81% | -91.9% | -64.57% | -39.39% |
| FCF per Share | -0.15 | 0.11 | 0.06 | 1.08 | 0.14 | 0.50 | -0.19 | 0.68 | 0.18 | 0.31 | -0.04 | 1.04 | -0.25 | 0.73 | -0.33 | 0.74 | -0.09 | 0.04 | -0.18 | 0.89 |
| FCF Conversion (FCF/Net Income) | 0.55x | 1.43x | 1.19x | 1.83x | 1.21x | 2.19x | 0.36x | 1.32x | 1.30x | 1.60x | 0.61x | 1.81x | 0.11x | 2.70x | 0.00x | 1.43x | 0.32x | 1.21x | 0.28x | 1.71x |
| Interest Paid | 0 | -41.01M | 2.11M | 30.53M | 8.37M | 29.43M | 6.23M | 26.3M | 3.9M | 27.3M | 8.55M | 11.19M | 9.27M | 10.24M | 4.46M | 7.27M | 4.4M | 7.59M | 4.38M | 7.41M |
| Taxes Paid | 0 | -55.45M | 12.63M | 41.13M | 1.68M | -278.27M | 188.4M | 88.1M | 1.77M | 109.58M | 179.41M | 34.27M | 1.96M | 54.24M | 148.07M | 32.92M | 3.9M | 62.54M | 154.66M | 72.39M |