Buyback yield (TTM)
1.57%
Shareholder yield (TTM)
3.65%
5Y share count change
-9.4%
Buyback spend (TTM)
$370.24M
Cumulative buybacks
$6.51B
Key takeaways
- Tractor Supply (TSCO) repurchased about $370.24M of stock over the trailing twelve months.
- Diluted share count is down 9.4% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 6.02× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +0.6% per year over the latest 5-year window.
- TTM repurchases used about 599% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Tractor Supply (TSCO)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Tractor Supply (TSCO)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Tractor Supply (TSCO)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Tractor Supply (TSCO)
Latest: $361.26M
Overview
2025's annual buyback spend for Tractor Supply (TSCO) came in at $361.26M – plunged 38.2% year-over-year.
Tractor Supply buyback spend compound annual growth for the 2020–2025 (5 years) window is +0.6%, with mixed annual results across the window.
Between 2021 and 2025, Tractor Supply buyback spend plunged 55.6%, falling from $813.77M to $361.26M.
2021 marks the peak buyback spend at $813.77M, with the historical low of $0.00 recorded in 1993.
Tractor Supply Buyback Spend 2025: $361.26M
2025's buyback spend for Tractor Supply came in at $361.26M, plunged 38.2% below 2024.
Tractor Supply Buyback Spend 2024: $584.58M
Tractor Supply posted buyback spend of $584.58M in 2024, declined 5.5% below 2023.
Tractor Supply Buyback Spend 2023: $618.63M
In 2023, Tractor Supply reported buyback spend of $618.63M, declined 15.1% below 2022.
Tractor Supply Buyback Spend 2022: $728.65M
Tractor Supply buyback spend in 2022 was $728.65M, declined 10.5% below 2021.
Tractor Supply Buyback Spend 2021: $813.77M
Tractor Supply buyback spend in 2021 was $813.77M.
See more financial history for Tractor Supply (TSCO).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $361.26M | $57.06M | $304.20M | 1.33% | 0.53B | -1.4% | |
| 2024 | $584.58M | $48.37M | $536.21M | 1.90% | 0.54B | -1.7% | |
| 2023 | $618.63M | $57.02M | $561.62M | 2.66% | 0.55B | -2.1% | |
| 2022 | $728.65M | $53.83M | $674.82M | 2.93% | 0.56B | -3.2% | |
| 2021 | $813.77M | $47.65M | $766.12M | 3.00% | 0.58B | -1.4% | |
| 2020 | $350.76M | $37.27M | $313.48M | 2.14% | 0.59B | -2.7% | |
| 2019 | $537.14M | $31.14M | $506.00M | 4.86% | 0.60B | -2.2% | |
| 2018 | $351.14M | $28.92M | $322.22M | 3.44% | 0.62B | -3.7% | |
| 2017 | $370.22M | $29.20M | $341.02M | 3.95% | 0.64B | -4.2% | |
| 2016 | $332.55M | $23.55M | $309.00M | 3.34% | 0.67B | -2.2% | |
| 2015 | $295.70M | $19.42M | $276.28M | 2.57% | 0.68B | -1.9% | |
| 2014 | $303.26M | $16.17M | $287.09M | 2.83% | 0.70B | -1.6% | |
| 2013 | $133.56M | $13.89M | $119.67M | 1.23% | 0.71B | -2.6% | |
| 2012 | $278.62M | $17.64M | $260.98M | 4.49% | 0.73B | -1.6% | |
| 2011 | $181.11M | $15.04M | $166.07M | 3.63% | 0.74B | -1.0% | |
| 2010 | $38.95M | $11.77M | $27.18M | 1.10% | 0.75B | +1.9% | |
| 2009 | $15.29M | $12.13M | $3.16M | 0.80% | 0.73B | -2.2% | |
| 2008 | $53.87M | $12.26M | $41.61M | 4.12% | 0.75B | -6.6% | |
| 2007 | $150.05M | $0.00 | $150.05M | 11.11% | 0.80B | -2.2% | |
| 2006 | $0.00 | $0.00 | $0.00 | — | 0.82B | +0.0% | |
| 2005 | $0.00 | $0.00 | $0.00 | — | 0.82B | +0.7% | |
| 2004 | $0.00 | $0.00 | $0.00 | — | 0.81B | +0.8% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 0.81B | +3.1% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 0.78B | +8.2% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 0.72B | +3.2% | |
| 2000 | $0.00 | $0.00 | $0.00 | — | 0.70B | -1.1% | |
| 1999 | $0.00 | $0.00 | $0.00 | — | 0.71B | +0.6% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 0.70B | +0.0% | |
| 1997 | $1.80M | $0.00 | $1.80M | — | 0.70B | +0.1% | |
| 1996 | $1.80M | $0.00 | $1.80M | — | 0.70B | — | |
| 1995 | $2.40M | $0.00 | $2.40M | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$361.26M
- 2024$584.58M
- 2023$618.63M
- 2022$728.65M
- 2021$813.77M
- 2020$350.76M
- 2019$537.14M
- 2018$351.14M
- 2017$370.22M
- 2016$332.55M
- 2015$295.70M
- 2014$303.26M
- 2013$133.56M
- 2012$278.62M
- 2011$181.11M
- 2010$38.95M
- 2009$15.29M
- 2008$53.87M
- 2007$150.05M
- 2006$0.00
- 2005$0.00
- 2004$0.00
- 2003$0.00
- 2002$0.00
- 2001$0.00
- 2000$0.00
- 1999$0.00
- 1998$0.00
- 1997$1.80M
- 1996$1.80M
- 1995$2.40M
- 1994$0.00
- 1993$0.00
Buybacks vs stock-based compensation for Tractor Supply (TSCO)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 6.02×.
Buybacks vs dividends (share of cash returned) for Tractor Supply (TSCO)
How Tractor Supply splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Tractor Supply, ranked by their latest buyback spend.
| $6.44B | |
| $2.52B | |
| $2.06B | |
| $1.10B | |
| $211.00M | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $6.44B
- $2.52B
- $2.06B
- $1.10B
- $211.00M
- $0.00
- $0.00
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $61.85M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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