Tractor Supply Co debt and dilution87

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

—

Cash & equivalents

USD millions

$231.588M

Net debt

USD millions

—

Debt / equity

—

Debt / assets

—

Net debt / EBITDA

× · TTM

—

Debt / FCF

× · TTM

—

Interest coverage

× · TTM

—

Current ratio

1.33×

Diluted shares

Million shares

524.62M shares

Basic shares

Million shares

523.73M shares

Share count growth

-1.24%

Share repurchases

USD millions

$135.588M

Quarterly data

Tractor Supply Co capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 27, 2026	—	231.59	—	—	—	—	—	—	1.33×	524.62	523.73	-1.24%	135.59
FY 2026 Q1	Mar 28, 2026	—	224.27	—	—	—	—	—	—	1.38×	528.14	526.33	-1.02%	118.02
FY 2025 Q4	Dec 27, 2025	150	194.11	-44.11	0.06×	1.37%	-0.02×	0.2×	21.22×	1.34×	530.26	528.03	-1.04%	117.25
FY 2025 Q3	Sep 27, 2025	—	184.64	—	—	—	—	—	21.41×	1.3×	532.14	529.74	-1.14%	74.03
FY 2025 Q2	Jun 28, 2025	—	225.81	—	—	—	—	—	21.4×	1.28×	532.21	530.33	-1.54%	72.82
FY 2025 Q1	Mar 29, 2025	—	231.72	—	—	—	—	—	23.32×	1.41×	534.1	531.73	-1.48%	95.08
FY 2024 Q4	Dec 28, 2024	150	251.49	-101.49	0.07×	1.53%	-0.05×	0.24×	26.88×	1.43×	536.4	533.59	-1.31%	153.97
FY 2024 Q3	Sep 28, 2024	—	186.29	—	—	—	—	—	30.07×	1.48×	538.39	535.84	-1.48%	151.34
FY 2024 Q2	Jun 29, 2024	—	394.75	—	—	—	—	—	33.33×	1.43×	541.18	538.65	-1.55%	140.55
FY 2024 Q1	Mar 30, 2024	—	264.09	—	—	—	—	—	32.75×	1.4×	542.64	539.73	-1.91%	117.84
FY 2023 Q4	Dec 30, 2023	150	397.07	-247.07	0.07×	1.63%	-0.13×	0.26×	31.8×	1.5×	544.1	540.7	-2.08%	113.98
FY 2023 Q3	Sep 30, 2023	—	421.69	—	—	—	—	—	33.57×	1.52×	546.71	543.87	-1.88%	136.78
FY 2023 Q2	Jul 1, 2023	—	620.03	—	—	—	—	—	35.42×	1.6×	550.2	547.13	-1.94%	157.45
FY 2023 Q1	Apr 1, 2023	—	190.08	—	—	—	—	—	39.6×	1.47×	553.91	550.23	-2.21%	183.2
FY 2022 Q4	Dec 31, 2022	150	202.5	-52.5	0.07×	1.77%	-0.03×	0.26×	46.84×	1.33×	556.4	552.17	-2.84%	92.05
FY 2022 Q3	Sep 24, 2022	—	211.24	—	—	—	—	—	50.82×	1.48×	557.8	554.31	-2.94%	123.63
FY 2022 Q2	Jun 25, 2022	—	530.82	—	—	—	—	—	50.63×	1.44×	561.59	557.95	-3.08%	188.21
FY 2022 Q1	Mar 26, 2022	—	405.43	—	—	—	—	—	49.91×	1.44×	567.52	562.66	-3.12%	296.18
FY 2021 Q4	Dec 25, 2021	150	878.03	-728.03	0.07×	1.93%	-0.46×	0.29×	49.11×	1.57×	573.93	568.33	-2.42%	200.92
FY 2021 Q3	Sep 25, 2021	—	1,111.71	—	—	—	—	—	42.56×	1.69×	575.97	571.12	-1.82%	141.26
FY 2021 Q2	Jun 26, 2021	—	1,412	—	—	—	—	—	39.47×	1.71×	580.45	575.67	-0.67%	203.31
FY 2021 Q1	Mar 27, 2021	—	1,149.93	—	—	—	—	—	36.02×	1.71×	586.14	580.77	-0.5%	253.41
FY 2020 Q4	Dec 26, 2020	150	1,341.76	-1,191.76	0.08×	2.13%	-0.98×	0.14×	34.64×	1.87×	588.77	582.45	-1.59%	79.74
FY 2020 Q3	Sep 26, 2020	150	1,111.99	-961.99	0.08×	2.19%	-0.79×	0.13×	39.28×	1.49×	588.73	581.69	-2.2%	0
FY 2020 Q2	Jun 27, 2020	150	1,206.37	-1,056.37	0.09×	2.27%	-0.95×	0.12×	39.29×	1.4×	584.06	579.56	-3.7%	0
FY 2020 Q1	Mar 28, 2020	150	461.47	-311.47	0.11×	2.5%	-0.33×	0.22×	37.69×	1.66×	587.16	583.69	-3.69%	263.22
FY 2019 Q4	Dec 28, 2019	150	84.24	65.76	0.1×	2.84%	0.07×	0.25×	37.46×	1.43×	596.28	591.84	-3.1%	43.34
FY 2019 Q3	Sep 28, 2019	150	82.64	67.36	0.1×	2.76%	0.07×	0.29×	37.69×	1.6×	600.29	594.78	-2.4%	155.74
FY 2019 Q2	Jun 29, 2019	150	104.02	45.98	0.1×	2.82%	0.05×	0.29×	38.11×	1.52×	607.54	601.86	-1.42%	178.92
FY 2019 Q1	Mar 30, 2019	150	102.22	47.79	0.1×	2.76%	0.05×	0.34×	37.76×	1.58×	610.76	606.06	-2.62%	155.32
FY 2018 Q4	Dec 29, 2018	150	86.3	63.7	0.1×	4.86%	0.07×	0.36×	38.24×	1.91×	615.87	610.75	-2.65%	60.57
FY 2018 Q3	Sep 29, 2018	150	71.3	78.7	0.1×	4.66%	0.09×	0.43×	38.87×	1.99×	613.81	609.38	-3.59%	36.7
FY 2018 Q2	Jun 30, 2018	150	69.95	80.05	0.11×	4.89%	0.09×	0.37×	40.16×	1.92×	613.88	610.5	-4.75%	95.1
FY 2018 Q1	Mar 31, 2018	150	132.4	17.6	0.11×	4.68%	0.02×	0.31×	44.04×	1.96×	625.87	622.39	-4.45%	157.46
FY 2017 Q4	Dec 30, 2017	150	109.15	40.85	0.11×	5.23%	0.05×	0.39×	49.53×	1.95×	630.43	627.37	-4.34%	42.76
FY 2017 Q3	Sep 30, 2017	150	70.05	79.95	0.11×	5.12%	0.09×	0.3×	61.77×	2×	634.6	632.08	-5.23%	78.5
FY 2017 Q2	Jul 1, 2017	0	67.79	-67.79	0×	0%	-0.08×	0×	79.93×	2.02×	643.61	640.93	-4.03%	133.6
FY 2017 Q1	Apr 1, 2017	0	72.7	-72.7	0×	0%	-0.09×	0×	91.43×	2.23×	655.45	651.38	-2.51%	114.55
FY 2016 Q4	Dec 31, 2016	0	53.92	-53.92	0×	0%	-0.06×	0×	119.46×	1.95×	659.37	655.83	-2.36%	116.02
FY 2016 Q3	Sep 24, 2016	0	55.51	-55.51	0×	0%	-0.07×	0×	147.66×	2.29×	671.28	666.96	-1.57%	108.79
FY 2016 Q2	Jun 25, 2016	—	151.11	—	—	—	—	—	158.45×	2.19×	672.81	667.82	-1.88%	7.8
FY 2016 Q1	Mar 26, 2016	—	74.5	—	—	—	—	—	211.38×	2×	673.55	668.15	-1.99%	99.1
FY 2015 Q4	Dec 26, 2015	—	63.81	—	—	—	—	—	225.01×	2.21×	677.52	671.69	-1.37%	48.75
FY 2015 Q3	Sep 26, 2015	—	51.35	—	—	—	—	—	211.4×	2.05×	683.71	677.63	-1.34%	119.4
FY 2015 Q2	Jun 27, 2015	—	56.32	—	—	—	—	—	226.06×	1.94×	687	680.6	-1.64%	76.6
FY 2015 Q1	Mar 28, 2015	—	57.13	—	—	—	—	—	262.77×	1.9×	688.68	681.74	-1.99%	47.95
FY 2014 Q4	Dec 27, 2014	—	51.13	—	—	—	—	—	312.72×	2.11×	688.67	680.99	-2.54%	54.12
FY 2014 Q3	Sep 27, 2014	—	47.51	—	—	—	—	—	756.22×	2.11×	694.32	686.83	-1.55%	97.4
FY 2014 Q2	Jun 28, 2014	—	55.97	—	—	—	—	—	922.1×	2.04×	700.55	691.97	-0.68%	62.5
FY 2014 Q1	Mar 29, 2014	—	47.79	—	—	—	—	—	631.56×	2.08×	705.16	695.59	0.16%	84.46
FY 2013 Q4	Dec 28, 2013	—	142.74	—	—	—	—	—	923.97×	2.27×	709.13	698.74	-0.49%	38.82
FY 2013 Q3	Sep 28, 2013	—	45.99	—	—	—	—	—	383.15×	2.2×	708.63	697.62	-1.38%	21.3
FY 2013 Q2	Jun 29, 2013	—	55.7	—	—	—	—	—	398.35×	2.08×	707.9	696.72	-2.98%	19.4
FY 2013 Q1	Mar 30, 2013	—	57.02	—	—	—	—	—	676.38×	2.03×	708.05	694.48	-3%	49.86
FY 2012 Q4	Dec 29, 2012	—	138.63	—	—	—	—	—	414.02×	2.02×	717.34	702.19	-74.14%	107.96
FY 2012 Q3	Sep 29, 2012	—	70.19	—	—	—	—	—	223.99×	2.14×	723.13	707.41	99,219.07%	61.3
FY 2012 Q2	Jun 30, 2012	—	179.1	—	—	—	—	—	184.7×	2.24×	734.88	718.14	99,631.97%	98.4
FY 2012 Q1	Mar 31, 2012	—	126.7	—	—	—	—	—	160×	2.18×	734.94	715.94	98,373.26%	4.14
FY 2011 Q4	Dec 31, 2011	—	176.97	—	—	—	—	—	169×	2.37×	2,796.37	2,715.27	372,809.61%	7.9
FY 2011 Q3	Sep 24, 2011	—	96.59	—	—	—	—	—	183.99×	2.13×	0.73	0.71	-1.89%	49.2
FY 2011 Q2	Jun 25, 2011	—	185.52	—	—	—	—	—	255.28×	2.11×	0.74	0.72	-99.9%	69.7
FY 2011 Q1	Mar 26, 2011	—	140.45	—	—	—	—	—	—	2.03×	0.75	0.73	—	53.15
FY 2010 Q4	Dec 25, 2010	—	257.34	—	—	—	—	—	207.34×	2.45×	0.75	0.73	—	15.28
FY 2010 Q3	Sep 25, 2010	—	170.92	—	—	—	—	—	—	2.09×	0.75	0.73	—	9.2
FY 2010 Q2	Jun 26, 2010	—	181.08	—	—	—	—	—	—	2.12×	746.78	726.66	—	—

Sources and calculations

Financial inputs from company filings. Last checked Oct 19, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · TSCO, USD. Latest completed close Oct 21, 2026. Price data retrieved Oct 22, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.