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Tractor Supply Co (Tractor Supply Co) Retained Earnings : $6,361 Mil (As of Mar. 2024)


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What is Tractor Supply Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tractor Supply Co's retained earnings for the quarter that ended in Mar. 2024 was $6,361 Mil.

Tractor Supply Co's quarterly retained earnings increased from Sep. 2023 ($6,145 Mil) to Dec. 2023 ($6,282 Mil) and increased from Dec. 2023 ($6,282 Mil) to Mar. 2024 ($6,361 Mil).

Tractor Supply Co's annual retained earnings increased from Dec. 2021 ($4,945 Mil) to Dec. 2022 ($5,624 Mil) and increased from Dec. 2022 ($5,624 Mil) to Dec. 2023 ($6,282 Mil).


Tractor Supply Co Retained Earnings Historical Data

The historical data trend for Tractor Supply Co's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tractor Supply Co Retained Earnings Chart

Tractor Supply Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,612.83 4,187.14 4,945.24 5,624.35 6,281.96

Tractor Supply Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,693.99 6,002.45 6,145.46 6,281.96 6,361.32

Tractor Supply Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Tractor Supply Co  (NAS:TSCO) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Tractor Supply Co (Tractor Supply Co) Business Description

Address
5401 Virginia Way, Brentwood, TN, USA, 37027
Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 2,198 of its namesake banners in 49 states, including 81 Orscheln Farm and Home stores (to be converted to Tractor Supply banners), along with 195 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2022, revenue consisted primarily of livestock and pet (50%), hardware, tools, and truck (19%), and seasonal gift and toy (21%).
Executives
Joy Brown director TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Kurt D Barton officer: SVP Chief Financial Officer 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Margaret M Ham director 14100 MCCORD RD., HUNTERSVILLE NC 28078
Jonathan S Estep officer: SVP General Merchandising TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Robert D Mills officer: SVP-Chief Information Officer TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Yankee Colin officer: EVP Supply Chain TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Melissa Kersey officer: EVP Chief HR Officer TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Noni L Ellison officer: SVP General Counsel TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Matthew L. Rubin officer: SVP Petsense GM TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Lawton Iii Harry A director, officer: President & CEO C/O EBAY INC., 2065, SAN JOSE CA 95125
Edna Morris director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Mark J Weikel director 4743 ENGLISH PLEAASURE DRIVE, MASON OH 45040
Kimberley S. Gardiner officer: SVP Chief Marketing Officer 3845 PACIFIC STREET, LONG BEACH CA 90807
Andre J Hawaux director 4000 DAIN RAUSCHER PLAZA, 60 SOUTH SIXTH STREET, MINNEAPOLIS MN 55402
Cynthia T Jamison director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027

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