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Operating Income for Tractor Supply (TSCO)

According to Tractor Supply's latest reported financial statements, the company's current operating income (TTM) is $1.45B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$1.45B

YoY change

-0.0%

5Y CAGR

+8.0%

Peak year (2023)

$1.48B

Cumulative operating income

$15.06B

Operating Income history chart for Tractor Supply (TSCO) from 1993 to 2025

Operating Income history table for Tractor Supply (TSCO) from 1993 to 2025

Fiscal yearPeriod endedReportedOperating IncomeYoY
2025$1.47B-0.0%
2024$1.47B-0.8%
2023$1.48B+3.1%
2022$1.43B+9.8%
2021$1.31B+31.1%
2020$996.93M+34.1%
2019$743.22M+5.9%
2018$701.74M+2.2%
2017$686.38M-1.1%
2016$694.08M+6.7%
2015$650.51M+10.4%
2014$589.47M+14.5%
2013$514.65M+17.8%
2012$436.79M+23.8%
2011$352.70M+32.5%
2010$266.22M+44.2%
2009$184.63M+36.2%
2008$135.57M-15.3%
2007$160.04M+8.1%
2006$148.02M+8.5%
2005$136.44M+34.4%
2004$101.55M+4.8%
2003$96.93M+48.1%
2002$65.44M+68.5%
2001$38.85M+14.3%
2000$33.98M-0.9%
1999$34.30M+19.5%
1998$28.70M+28.1%
1997$22.40M-8.2%
1996$24.40M+8.0%
1995$22.60M+9.7%
1994$20.60M+35.5%
1993$15.20M

Operating Income values are taken from Tractor Supply's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

As of the 2025 fiscal year, Tractor Supply (TSCO) reported operating income of $1.47B – edged down 0.0% year-over-year.

Over 2020–2025 (5 years), Tractor Supply operating income expanded at a +8.0% compound annual rate, with the latest reading among the more recent periods of the dataset.

Across the available history, operating income reached its high of $1.48B in 2023 and its low of $15.20M in 1993.

Among 8 Consumer Cyclical peers, Tractor Supply (TSCO) ranks 9th; the peer median for operating income is $16.64B.

Tractor Supply Operating Income by Year

Tractor Supply Operating Income 2025: $1.47B

Tractor Supply operating income in 2025 was $1.47B, edged down 0.0% below 2024.

Tractor Supply Operating Income 2024: $1.47B

Tractor Supply operating income in 2024 was $1.47B, edged down 0.8% below 2023.

Tractor Supply Operating Income 2023: $1.48B

Tractor Supply operating income in 2023 was $1.48B, edged up 3.1% from 2022. This figure represents the highest annual value in the available history.

Tractor Supply Operating Income 2022: $1.43B

Tractor Supply operating income in 2022 was $1.43B, grew 9.8% from 2021.

Tractor Supply Operating Income 2021: $1.31B

Tractor Supply operating income in 2021 was $1.31B.

See more financial history for Tractor Supply (TSCO).

Sector peers — Operating Income

Companies in the same sector as Tractor Supply, ranked by their latest operating income.

CompanyOperating IncomeSector
Alibaba Group Holding Limited (BABA)$140.91BConsumer Cyclical
PDD Holdings Inc. (PDD)$92.05BConsumer Cyclical
Amazon.com, Inc. (AMZN)$79.97BConsumer Cyclical
The Home Depot, Inc. (HD)$20.89BConsumer Cyclical
McDonald's Corporation (MCD)$12.39BConsumer Cyclical
Booking Holdings Inc. (BKNG)$9.28BConsumer Cyclical
The TJX Companies, Inc. (TJX)$7.18BConsumer Cyclical
Tesla, Inc. (TSLA)$4.36BConsumer Cyclical

Frequently asked questions

What is Tractor Supply's operating income?

Latest reported operating income for Tractor Supply (TSCO) is $1.45B (period ending March 31, 2026).

How has Tractor Supply operating income changed year-over-year?

Tractor Supply (TSCO) operating income changed -0.0% year-over-year on the latest annual filing.

What is the long-term growth rate of Tractor Supply operating income?

Tractor Supply (TSCO) operating income compound annual growth rate is +8.0% over the most recent 5 years available.

When did Tractor Supply operating income hit its highest annual value?

Tractor Supply operating income reached its highest annual value of $1.48B in 2023.

What was Tractor Supply operating income in 2024?

Tractor Supply (TSCO) operating income in 2024 was $1.47B.

What was Tractor Supply operating income in 2025?

Tractor Supply (TSCO) operating income in 2025 was $1.47B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.