Tractor Supply Company (TSCO) — Capital Reinvestment Ratio
Tractor Supply Company (TSCO) has a Capital Reinvestment Ratio of 0.82x as of December 2025, meaning it reinvests 1% of its operating cash flow ($324.83 Million) in capital expenditures ($265.56 Million). Check TSCO tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Tractor Supply Company Capital Reinvestment Ratio (1993–2025)
This chart tracks Tractor Supply Company's Capital Reinvestment Ratio across 30 annual periods. For the full cash flow conversion analysis, see Tractor Supply Company operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Tractor Supply Company (1993–2025)
Year-by-year Capital Reinvestment Ratio for Tractor Supply Company from 1993 to 2025. See TSCO FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.55x | $1.64 Billion | $894.77 Million | ▼ -0.8% |
| 2024 | 0.55x | $1.42 Billion | $784.05 Million | ▼ -2.4% |
| 2023 | 0.57x | $1.33 Billion | $753.88 Million | ▼ -0.8% |
| 2022 | 0.57x | $1.36 Billion | $773.37 Million | ▲ +3.3% |
| 2021 | 0.55x | $1.14 Billion | $628.43 Million | ▲ +161.8% |
| 2020 | 0.21x | $1.39 Billion | $294.00 Million | ▼ -21.3% |
| 2019 | 0.27x | $811.72 Million | $217.45 Million | ▼ -33.2% |
| 2018 | 0.40x | $694.39 Million | $278.53 Million | ▲ +1.2% |
| 2017 | 0.40x | $631.45 Million | $250.40 Million | ▲ +14.2% |
| 2016 | 0.35x | $650.71 Million | $226.02 Million | ▼ -33.0% |
| 2015 | 0.52x | $456.21 Million | $236.50 Million | ▲ +32.1% |
| 2014 | 0.39x | $409.18 Million | $160.61 Million | ▼ -40.0% |
| 2013 | 0.65x | $333.68 Million | $218.20 Million | ▲ +61.8% |
| 2012 | 0.40x | $378.30 Million | $152.92 Million | ▼ -38.2% |
| 2011 | 0.65x | $254.14 Million | $166.16 Million | ▲ +50.8% |
| 2010 | 0.43x | $222.61 Million | $96.51 Million | ▲ +26.2% |
| 2009 | 0.34x | $215.32 Million | $73.97 Million | ▼ -18.5% |
| 2008 | 0.42x | $217.73 Million | $91.76 Million | ▼ -21.8% |
| 2007 | 0.54x | $155.02 Million | $83.55 Million | ▼ -46.9% |
| 2006 | 1.02x | $87.55 Million | $88.89 Million | ▲ +36.9% |
| 2005 | 0.74x | $104.47 Million | $77.51 Million | ▼ -37.4% |
| 2004 | 1.18x | $77.07 Million | $91.31 Million | ▲ +57.4% |
| 2003 | 0.75x | $63.91 Million | $48.12 Million | ▼ -46.6% |
| 2002 | 1.41x | $47.21 Million | $66.54 Million | ▲ +386.2% |
| 2001 | 0.29x | $46.80 Million | $13.57 Million | ▼ -83.0% |
| 2000 | 1.71x | $10.17 Million | $17.36 Million | ▲ +82.4% |
| 1998 | 0.94x | $15.50 Million | $14.50 Million | ▲ +106.6% |
| 1996 | 0.45x | $21.20 Million | $9.60 Million | ▼ -47.3% |
| 1994 | 0.86x | $7.80 Million | $6.70 Million | ▼ -75.5% |
| 1993 | 3.50x | $1.00 Million | $3.50 Million | — |