TSCO · 10-Q · 2026Q3 · Full report

Liquidity and Debt Position

TRACTOR SUPPLY CO /DE/ · 2026-11-05 · Importance 76 · Surprise 56

Total debt was $2.23 billion as of September 26, 2026, up from $1.74 billion at September 27, 2025; outstanding borrowings included $500 million of 5.20% Senior Notes and $200 million under the revolving credit facility. The Company also had $80.7 million of outstanding letters of credit. It issued $500 million of 5.20% Senior Notes during the first nine months of fiscal 2026, contributing to a $470.0 million net increase in borrowings and repayments under debt facilities. Management stated that cash balances, operating cash flow, debt-facility availability, trade credit and long-term debt-market access would be sufficient for operations and capital expenditures for the next 12 months and foreseeable future.

Key facts

• At September 26, 2026, the Company had $2,250.0 million of outstanding borrowings and $2,230.3 million of total debt, including a $200.0 million revolving credit facility balance. source
• The Company stated its cash balances, expected operating cash flow, debt-facility funds, leases, trade credit and access to long-term debt markets would be sufficient to fund operations and capital expenditure needs for the next 12 months and foreseeable future. source
• At September 26, 2026, the Company had $80.7 million of outstanding letters of credit. source