Tractor Income Statement Research

TSCO Stock  USD 253.38  0.59  0.23%   
Most accounts from Tractor Supply's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tractor Supply current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Tractor Supply Valuation and Tractor Supply Correlation analysis.
To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.
  
At this time, Tractor Supply's EBIT is very stable compared to the past year. As of the 23rd of April 2024, EBITDA is likely to grow to about 2 B, though Total Other Income Expense Net is likely to grow to (44.2 M).
Most accounts from Tractor Supply's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tractor Supply current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Tractor Supply Valuation and Tractor Supply Correlation analysis.
To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.At this time, Tractor Supply's EBIT is very stable compared to the past year. As of the 23rd of April 2024, EBITDA is likely to grow to about 2 B, though Total Other Income Expense Net is likely to grow to (44.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense26.6M30.6M46.5M48.8M
Depreciation And Amortization270.2M343.1M393.0M412.7M

Tractor Supply income statement Correlations

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0.990.931.01.01.00.990.991.01.00.99-0.930.990.861.00.890.480.72-0.940.860.60.84-0.61
0.980.890.990.990.991.01.01.00.990.99-0.90.990.90.990.890.550.68-0.90.870.590.82-0.6
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0.990.931.01.01.00.990.991.01.01.00.99-0.930.990.860.880.490.71-0.940.860.620.84-0.64
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0.480.410.490.50.490.550.550.540.490.480.55-0.420.520.610.490.550.16-0.440.710.530.58-0.37
0.710.720.720.710.720.680.680.690.720.720.68-0.740.690.540.710.760.16-0.70.590.350.53-0.2
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Click cells to compare fundamentals

Tractor Supply Account Relationship Matchups

Tractor Supply income statement Accounts

201920202021202220232024 (projected)
Interest Expense19.8M28.8M26.6M30.6M46.5M48.8M
Total Revenue8.4B10.6B12.7B14.2B14.6B15.3B
Gross Profit2.9B3.8B4.5B5.0B5.2B5.5B
Operating Income743.2M996.9M1.3B1.4B1.5B1.6B
Ebit743.2M996.9M1.3B1.4B1.5B1.6B
Ebitda939.2M1.3B1.6B1.8B1.9B2.0B
Cost Of Revenue5.5B6.9B8.3B9.2B9.3B9.8B
Income Before Tax723.4M968.1M1.3B1.4B1.4B1.5B
Net Income562.4M749.0M997.1M1.1B1.1B1.2B
Income Tax Expense161.0M219.2M283.0M315.6M325.2M341.4M
Tax Provision161.0M219.2M283.0M315.6M328.9M268.5M
Net Interest Income(19.8M)(28.8M)(26.6M)(30.6M)(44.8M)(42.6M)

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When determining whether Tractor Supply offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tractor Supply's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tractor Supply Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tractor Supply Stock:
Check out Tractor Supply Valuation and Tractor Supply Correlation analysis.
To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.
Note that the Tractor Supply information on this page should be used as a complementary analysis to other Tractor Supply's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Tractor Supply's price analysis, check to measure Tractor Supply's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tractor Supply is operating at the current time. Most of Tractor Supply's value examination focuses on studying past and present price action to predict the probability of Tractor Supply's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tractor Supply's price. Additionally, you may evaluate how the addition of Tractor Supply to your portfolios can decrease your overall portfolio volatility.
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Is Tractor Supply's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tractor Supply. If investors know Tractor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tractor Supply listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
4.12
Earnings Share
10.09
Revenue Per Share
133.421
Quarterly Revenue Growth
(0.09)
The market value of Tractor Supply is measured differently than its book value, which is the value of Tractor that is recorded on the company's balance sheet. Investors also form their own opinion of Tractor Supply's value that differs from its market value or its book value, called intrinsic value, which is Tractor Supply's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tractor Supply's market value can be influenced by many factors that don't directly affect Tractor Supply's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tractor Supply's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tractor Supply is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tractor Supply's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.