Tractor Supply Co
NASDAQ:TSCO
Income Statement
Earnings Waterfall
Tractor Supply Co
Revenue
|
14.6B
USD
|
Cost of Revenue
|
-9.3B
USD
|
Gross Profit
|
5.2B
USD
|
Operating Expenses
|
-3.7B
USD
|
Operating Income
|
1.5B
USD
|
Other Expenses
|
-371.7m
USD
|
Net Income
|
1.1B
USD
|
Income Statement
Tractor Supply Co
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Apr-2017 | Jul-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Apr-2023 | Jul-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
5 165
N/A
|
5 263
+2%
|
5 391
+2%
|
5 543
+3%
|
5 712
+3%
|
5 860
+3%
|
6 049
+3%
|
6 164
+2%
|
6 227
+1%
|
6 363
+2%
|
6 443
+1%
|
6 510
+1%
|
6 780
+4%
|
6 876
+1%
|
7 041
+2%
|
7 220
+3%
|
7 256
+0%
|
7 375
+2%
|
7 571
+3%
|
7 731
+2%
|
7 911
+2%
|
8 050
+2%
|
8 191
+2%
|
8 293
+1%
|
8 352
+1%
|
8 489
+2%
|
9 311
+10%
|
9 934
+7%
|
10 620
+7%
|
11 454
+8%
|
11 879
+4%
|
12 290
+3%
|
12 731
+4%
|
12 963
+2%
|
13 265
+2%
|
13 518
+2%
|
14 205
+5%
|
14 480
+2%
|
14 761
+2%
|
14 902
+1%
|
14 556
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3 411)
|
(3 465)
|
(3 549)
|
(3 652)
|
(3 761)
|
(3 861)
|
(3 975)
|
(4 042)
|
(4 083)
|
(4 170)
|
(4 226)
|
(4 270)
|
(4 454)
|
(4 527)
|
(4 637)
|
(4 751)
|
(4 764)
|
(4 838)
|
(4 969)
|
(5 076)
|
(5 209)
|
(5 296)
|
(5 386)
|
(5 447)
|
(5 480)
|
(5 571)
|
(6 057)
|
(6 426)
|
(6 859)
|
(7 369)
|
(7 664)
|
(7 938)
|
(8 254)
|
(8 413)
|
(8 616)
|
(8 789)
|
(9 233)
|
(9 394)
|
(9 547)
|
(9 604)
|
(9 328)
|
|
Gross Profit |
1 754
N/A
|
1 798
+3%
|
1 842
+2%
|
1 891
+3%
|
1 950
+3%
|
1 999
+3%
|
2 074
+4%
|
2 122
+2%
|
2 143
+1%
|
2 193
+2%
|
2 217
+1%
|
2 240
+1%
|
2 325
+4%
|
2 349
+1%
|
2 405
+2%
|
2 470
+3%
|
2 492
+1%
|
2 537
+2%
|
2 602
+3%
|
2 655
+2%
|
2 703
+2%
|
2 754
+2%
|
2 805
+2%
|
2 846
+1%
|
2 872
+1%
|
2 918
+2%
|
3 254
+12%
|
3 508
+8%
|
3 762
+7%
|
4 084
+9%
|
4 215
+3%
|
4 352
+3%
|
4 477
+3%
|
4 550
+2%
|
4 649
+2%
|
4 729
+2%
|
4 972
+5%
|
5 086
+2%
|
5 214
+3%
|
5 299
+2%
|
5 228
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 239)
|
(1 272)
|
(1 304)
|
(1 332)
|
(1 361)
|
(1 395)
|
(1 436)
|
(1 467)
|
(1 493)
|
(1 527)
|
(1 547)
|
(1 567)
|
(1 631)
|
(1 667)
|
(1 713)
|
(1 772)
|
(1 806)
|
(1 853)
|
(1 902)
|
(1 950)
|
(2 000)
|
(2 044)
|
(2 081)
|
(2 113)
|
(2 129)
|
(2 166)
|
(2 342)
|
(2 505)
|
(2 695)
|
(2 969)
|
(3 062)
|
(3 154)
|
(3 170)
|
(3 229)
|
(3 289)
|
(3 360)
|
(3 537)
|
(3 651)
|
(3 745)
|
(3 795)
|
(3 749)
|
|
Selling, General & Administrative |
(1 139)
|
(1 168)
|
(1 196)
|
(1 220)
|
(1 246)
|
(1 278)
|
(1 316)
|
(1 346)
|
(1 369)
|
(1 400)
|
(1 416)
|
(1 431)
|
(1 488)
|
(1 518)
|
(1 557)
|
(1 610)
|
(1 640)
|
(1 684)
|
(1 730)
|
(1 775)
|
(1 823)
|
(1 863)
|
(1 895)
|
(1 923)
|
(1 933)
|
(1 964)
|
(2 136)
|
(2 295)
|
(2 479)
|
(2 674)
|
(2 755)
|
(2 832)
|
(2 900)
|
(2 942)
|
(2 983)
|
(3 037)
|
(3 194)
|
(3 288)
|
(3 363)
|
(3 410)
|
(3 356)
|
|
Depreciation & Amortization |
(100)
|
(105)
|
(108)
|
(112)
|
(115)
|
(118)
|
(120)
|
(121)
|
(124)
|
(127)
|
(131)
|
(136)
|
(143)
|
(149)
|
(156)
|
(162)
|
(166)
|
(169)
|
(171)
|
(175)
|
(177)
|
(180)
|
(186)
|
(191)
|
(196)
|
(202)
|
(205)
|
(210)
|
(217)
|
(226)
|
(238)
|
(253)
|
(270)
|
(288)
|
(306)
|
(324)
|
(343)
|
(363)
|
(382)
|
(385)
|
(393)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(69)
|
(69)
|
(69)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
515
N/A
|
526
+2%
|
539
+2%
|
559
+4%
|
589
+5%
|
604
+2%
|
638
+6%
|
655
+3%
|
651
-1%
|
666
+2%
|
670
+1%
|
673
+0%
|
694
+3%
|
682
-2%
|
691
+1%
|
697
+1%
|
686
-2%
|
685
0%
|
700
+2%
|
705
+1%
|
702
0%
|
710
+1%
|
725
+2%
|
733
+1%
|
743
+1%
|
752
+1%
|
912
+21%
|
1 003
+10%
|
1 066
+6%
|
1 115
+5%
|
1 153
+3%
|
1 198
+4%
|
1 307
+9%
|
1 321
+1%
|
1 360
+3%
|
1 369
+1%
|
1 435
+5%
|
1 435
N/A
|
1 469
+2%
|
1 504
+2%
|
1 479
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(8)
|
(9)
|
(11)
|
(14)
|
(16)
|
(18)
|
(18)
|
(18)
|
(19)
|
(19)
|
(19)
|
(20)
|
(20)
|
(23)
|
(25)
|
(29)
|
(31)
|
(29)
|
(28)
|
(27)
|
(26)
|
(27)
|
(27)
|
(31)
|
(36)
|
(41)
|
(45)
|
(47)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(69)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
514
N/A
|
525
+2%
|
538
+3%
|
558
+4%
|
588
+5%
|
601
+2%
|
635
+6%
|
652
+3%
|
648
-1%
|
663
+2%
|
666
+0%
|
668
+0%
|
688
+3%
|
675
-2%
|
682
+1%
|
686
+1%
|
673
-2%
|
669
-1%
|
683
+2%
|
687
+1%
|
683
-1%
|
692
+1%
|
706
+2%
|
714
+1%
|
723
+1%
|
732
+1%
|
889
+21%
|
977
+10%
|
968
-1%
|
1 084
+12%
|
1 124
+4%
|
1 170
+4%
|
1 280
+9%
|
1 294
+1%
|
1 333
+3%
|
1 342
+1%
|
1 404
+5%
|
1 399
0%
|
1 428
+2%
|
1 459
+2%
|
1 432
-2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(186)
|
(192)
|
(195)
|
(203)
|
(217)
|
(221)
|
(235)
|
(241)
|
(237)
|
(243)
|
(243)
|
(243)
|
(251)
|
(245)
|
(248)
|
(250)
|
(245)
|
(231)
|
(198)
|
(177)
|
(151)
|
(154)
|
(156)
|
(159)
|
(161)
|
(163)
|
(201)
|
(220)
|
(219)
|
(238)
|
(246)
|
(258)
|
(283)
|
(291)
|
(303)
|
(303)
|
(316)
|
(314)
|
(319)
|
(329)
|
(325)
|
|
Income from Continuing Operations |
328
|
333
|
343
|
355
|
371
|
380
|
400
|
411
|
410
|
420
|
423
|
425
|
437
|
430
|
434
|
436
|
427
|
439
|
485
|
510
|
532
|
538
|
550
|
555
|
562
|
569
|
689
|
757
|
749
|
847
|
878
|
912
|
997
|
1 003
|
1 029
|
1 039
|
1 089
|
1 085
|
1 109
|
1 130
|
1 107
|
|
Net Income (Common) |
328
N/A
|
333
+1%
|
343
+3%
|
355
+3%
|
371
+5%
|
380
+2%
|
400
+5%
|
411
+3%
|
410
0%
|
420
+2%
|
423
+1%
|
425
+0%
|
437
+3%
|
430
-2%
|
434
+1%
|
436
+1%
|
423
-3%
|
434
+3%
|
480
+11%
|
505
+5%
|
532
+5%
|
538
+1%
|
550
+2%
|
555
+1%
|
562
+1%
|
569
+1%
|
689
+21%
|
757
+10%
|
749
-1%
|
847
+13%
|
878
+4%
|
912
+4%
|
997
+9%
|
1 003
+1%
|
1 029
+3%
|
1 039
+1%
|
1 089
+5%
|
1 085
0%
|
1 109
+2%
|
1 130
+2%
|
1 107
-2%
|
|
EPS (Diluted) |
2.32
N/A
|
2.36
+2%
|
2.44
+3%
|
2.55
+5%
|
2.66
+4%
|
2.76
+4%
|
2.9
+5%
|
2.99
+3%
|
3
+0%
|
3.11
+4%
|
3.14
+1%
|
3.15
+0%
|
3.27
+4%
|
3.27
N/A
|
3.37
+3%
|
3.43
+2%
|
3.3
-4%
|
3.45
+5%
|
3.91
+13%
|
4.12
+5%
|
4.31
+5%
|
4.4
+2%
|
4.52
+3%
|
4.62
+2%
|
4.66
+1%
|
4.84
+4%
|
5.89
+22%
|
6.44
+9%
|
6.4
-1%
|
7.22
+13%
|
7.56
+5%
|
7.91
+5%
|
8.61
+9%
|
8.83
+3%
|
9.16
+4%
|
9.31
+2%
|
9.71
+4%
|
9.78
+1%
|
10.08
+3%
|
10.34
+3%
|
10.09
-2%
|