Tractor Supply Company (TSCO) FCF Payout Ratio: 90.00%
Is Tractor Supply Company’s FCF payout ratio high or low?
Tractor Supply Company's FCF payout ratio of 90.00% is 54% above its 5-year average of 58.41%, near the high end of its 5-year range (15.87%–90.00%).
28.52% above its 12-month average of 70.03%.
TSCO FCF Payout Ratio Chart
TSCO Average FCF Payout Ratio Chart
TSCO Current vs Average FCF Payout Ratio Chart
TSCO FCF Payout Ratio Metrics
FCF PAYOUT RATIO
90.00%
FCF PAYOUT RATIO AVG TTM
70.03%
FCF PAYOUT RATIO AVG 3Y
71.94%
FCF PAYOUT RATIO AVG 5Y
58.41%
FCF PAYOUT RATIO AVG 10Y
48.31%
FCF PAYOUT RATIO AVG 15Y
43.66%
FCF PAYOUT RATIO AVG 20Y
43.66%
CURRENT VS TTM AVG
+28.52%
CURRENT VS 3Y AVG
+25.11%
CURRENT VS 5Y AVG
+54.09%
CURRENT VS 10Y AVG
+86.29%
CURRENT VS 15Y AVG
+106.15%
CURRENT VS 20Y AVG
+106.15%
Payout Ratio Comparison
FCF Payout Ratio
90.0%
Earnings Payout Ratio
45.4%
Dividend Yield
3.01%
FCF Yield
3.35%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $740.49M | $487.67M | 65.9% |
| 2024 | $636.79M | $472.49M | 74.2% |
| 2023 | $580.15M | $449.62M | 77.5% |
| 2022 | $583.61M | $409.60M | 70.2% |
| 2021 | $510.29M | $239.01M | 46.8% |
| 2020 | $1.10B | $174.66M | 15.9% |
| 2019 | $594.27M | $162.70M | 27.4% |
| 2018 | $415.86M | $147.09M | 35.4% |
| 2017 | $381.05M | $133.83M | 35.1% |
| 2016 | $413.02M | $122.27M | 29.6% |
| 2015 | $192.68M | $103.10M | 53.5% |
| 2014 | $248.56M | $84.06M | 33.8% |
| 2013 | $115.48M | $68.48M | 59.3% |
| 2012 | $225.38M | $51.32M | 22.8% |
| 2011 | $87.99M | $30.85M | 35.1% |
| 2010 | $126.10M | $20.36M | 16.1% |
| 2009 | $141.34M | $0 | 0.0% |
| 2008 | $125.69M | $0 | 0.0% |
| 2007 | $71.47M | $0 | 0.0% |
| 2006 | ($1.75M) | $0 | N/A (Loss) |
| 2005 | $21.67M | $0 | 0.0% |
| 2004 | ($14.25M) | $0 | N/A (Loss) |
| 2003 | $13.93M | $0 | 0.0% |
| 2002 | ($19.89M) | $0 | N/A (Loss) |
| 2001 | $33.24M | $0 | 0.0% |
| 2000 | ($7.18M) | $0 | N/A (Loss) |
| 1999 | ($28.10M) | $0 | N/A (Loss) |
| 1998 | $1.00M | $0 | 0.0% |
| 1997 | ($14.20M) | $0.10M | N/A (Loss) |
| 1996 | $11.60M | $0.20M | 1.7% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Tractor Supply Company FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tractor Supply Company FCF Payout Ratio FAQ
- What is the FCF payout ratio for Tractor Supply Company (TSCO)?
- The FCF payout ratio for TSCO stock is 90.00%.
- Is Tractor Supply Company's FCF payout ratio high or low?
- Tractor Supply Company's FCF payout ratio of 90.00% is 54% above its 5-year average of 58.41%, near the high end of its 5-year range (15.87%–90.00%).
- What is the TTM average FCF payout ratio for Tractor Supply Company (TSCO)?
- The TTM average FCF payout ratio for TSCO stock is 70.03%.
- What is the 3Y average FCF payout ratio for Tractor Supply Company (TSCO)?
- The 3Y average FCF payout ratio for TSCO stock is 71.94%.
- What is the 5Y average FCF payout ratio for Tractor Supply Company (TSCO)?
- The 5Y average FCF payout ratio for TSCO stock is 58.41%.
- What is the 10Y average FCF payout ratio for Tractor Supply Company (TSCO)?
- The 10Y average FCF payout ratio for TSCO stock is 48.31%.
- What is the 15Y average FCF payout ratio for Tractor Supply Company (TSCO)?
- The 15Y average FCF payout ratio for TSCO stock is 43.66%.
- What is the 20Y average FCF payout ratio for Tractor Supply Company (TSCO)?
- The 20Y average FCF payout ratio for TSCO stock is 43.66%.
Tractor Supply Company FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-27 | 65.86% |
| 2024-12-28 | 74.20% |
| 2023-12-31 | 77.50% |
| 2022-12-31 | 70.18% |
| 2021-12-31 | 46.84% |
| 2020-12-31 | 15.87% |
| 2019-12-31 | 27.38% |
| 2018-12-31 | 35.37% |
| 2017-12-31 | 35.12% |
| 2016-12-31 | 29.60% |
| 2015-12-31 | 53.51% |
| 2014-12-31 | 33.82% |
| 2013-12-31 | 59.30% |
| 2012-12-31 | 22.77% |
| 2011-12-31 | 35.06% |
| 2010-12-31 | 16.14% |
| 1996-12-31 | 1.72% |
About Tractor Supply Company
Tractor Supply Company functions as a prominent retailer, catering to the rural lifestyle demographic throughout the United States. Its extensive product catalog encompasses items crucial for the health, well-being, development, and enclosure of equine, livestock, pets, and small animals. Additionally, it stocks a variety of hardware, truck, towing, and tool supplies. Shoppers can also find seasonal goods like heating solutions, gardening equipment, power tools, novelty gifts, and children's toys, alongside workwear, casual apparel, footwear, and essential maintenance products designed for agricultural and general rural applications. These offerings are made available under a diverse portfolio of private label and proprietary brands, including 4health, Producer's Pride, American Farmworks, Red Shed, Bit & Bridle, Redstone, Blue Mountain, Retriever, C.E. Schmidt, Ridgecut, Countyline, Royal Wing, Dumor, Strive, Groundwork, Traveller, Huskee, Treeline, JobSmart, TSC Tractor Supply Co, Paws & Claws, and Untamed. Data from June 25, 2022, indicates the company's retail footprint included 2,016 Tractor Supply outlets spanning 49 states, complemented by 178 Petsense locations across 23 states. Its physical retail presence includes stores operating under the banners of Tractor Supply Company, Del's Feed & Farm Supply, and Petsense, while its digital storefronts are accessible via TractorSupply.com and Petsense.com. The primary customer base comprises recreational farmers, ranchers, and other individuals with similar needs. Established in 1938, the corporation maintains its corporate headquarters in Brentwood, Tennessee.
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- CEO
- Harry A. Lawton