Tractor Supply Company Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 25, 2021
Net Income	1,096	1,101	1,107	1,089	997.11
Depreciation & Amortization	494.01	447.16	393.05	343.06	270.16
Stock-Based Compensation	57.06	48.37	57.02	53.83	47.65
Other Adjustments	-31.79	-85.1	-41.84	53.85	33.19
Changes in Inventories	-225.69	-194.32	40.87	-349.74	-407.92
Changes in Accounts Payable	143.43	56.37	-218.83	162.34	179.53
Changes in Accrued Expenses	38.78	30.29	-44.58	-6.7	127.75
Changes in Income Taxes Payable	-5.94	-19.17	-11.93	26.57	-37.04
Changes in Other Operating Activities	69.3	36	53.05	-14.94	-71.72
Operating Cash Flow	1,635	1,421	1,334	1,357	1,139
Operating Cash Flow Growth	15.09%	6.51%	-1.69%	19.17%	-18.34%
Capital Expenditures	-894.77	-784.05	-753.88	-773.37	-628.43
Sale of Property, Plant & Equipment	256.09	140.13	86.5	1.04	1.09
Payments for Business Acquisitions	-139.9	-	-	-390.77	-
Proceeds from Business Divestments	-	-	14.31	69.36	-
Investing Cash Flow	-778.58	-643.92	-653.07	-1,094	-627.34
Long-Term Debt Issued	3,125	785	1,767	1,010	-
Long-Term Debt Repaid	-3,195	-685	-1,195	-832	-
Net Long-Term Debt Issued (Repaid)	-70	100	572	178	-
Issuance of Common Stock	23.56	39.36	24.4	25.54	82.25
Repurchase of Common Stock	-377.14	-584.58	-618.64	-728.66	-813.77
Net Common Stock Issued (Repurchased)	-353.58	-545.22	-594.24	-703.12	-731.52
Common Dividends Paid	-487.67	-472.49	-449.62	-409.6	-239.01
Other Financing Activities	-2.82	-4.79	-14.54	-4.06	-4.58
Financing Cash Flow	-914.06	-922.5	-486.4	-938.78	-975.11
Net Cash Flow	-57.38	-145.58	194.57	-675.53	-463.73
Free Cash Flow	740.49	636.79	580.15	583.61	510.29
Free Cash Flow Growth	16.29%	9.76%	-0.59%	14.37%	-53.63%
FCF Margin	4.77%	4.28%	3.99%	4.11%	4.01%
Free Cash Flow Per Share	-	1.18	1.06	1.04	0.88
Levered Free Cash Flow	645.22	773.52	1,137	653.93	429.45
Unlevered Free Cash Flow	769.42	716.07	600.93	499.68	450.17

Updated Dec 27, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.