Tractor Supply Company logo

Tractor Supply Company

TSCO

NASDAQConsumer CyclicalSpecialty Retail

Previous close

$34.98

−$0.07 · -0.20%

Aug 21, 4:00 PM ET

TSCO company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

88

Deep Value

Momentum

25

Weakening

Sentiment

76

Bullish

Risk resilience

55

Elevated Risk

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Company profile

Company website

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.

Industry
Specialty Retail
Sector
Consumer Cyclical
Headquarters
US
CEO
Harry A. Lawton
Listed since
Feb 17, 1994
Employees
52,000

Market position

Day range

Current $34.98

52-week range

Current $34.98

Open
$35.135
Previous close
$35.05
Volume
8.64M
0.69× average
Average volume
12.54M
Average daily volume
Market cap
18.35B USD
Beta
0.45
Market reference 1
50-day average
$31.8314
+9.89% above average
200-day average
$42.8647
-18.39% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
32.98B USD
P/E (TTM)
18.22×
P/B (TTM)
6.96×
P/S (TTM)
1.16×
EV / EBITDA
16.82×
Earnings yield
4.02%
Free cash flow yield
2.72%
Dividend yield
2.72%

Profitability & efficiency

Gross margin
32.47%
Operating margin
8.91%
Net margin
6.42%
Return on equity
42.46%
Return on assets
10.02%
Return on invested capital
13.11%

Financial health

Debt / equity
2.49×
Current ratio
1.34×
Altman Z-score
3.83
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends39%27%16%4%Gross margin, FY2021: 35.17%Gross margin, FY2022: 35.00%Gross margin, FY2023: 35.92%Gross margin, FY2024: 36.26%Gross margin, FY2025: 33.24%Operating margin, FY2021: 10.26%Operating margin, FY2022: 10.10%Operating margin, FY2023: 10.16%Operating margin, FY2024: 9.86%Operating margin, FY2025: 9.45%Net margin, FY2021: 7.83%Net margin, FY2022: 7.66%Net margin, FY2023: 7.61%Net margin, FY2024: 7.40%Net margin, FY2025: 7.06%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 35.17%. Gross margin FY2022 35.00%. Gross margin FY2023 35.92%. Gross margin FY2024 36.26%. Gross margin FY2025 33.24%. Operating margin FY2021 10.26%. Operating margin FY2022 10.10%. Operating margin FY2023 10.16%. Operating margin FY2024 9.86%. Operating margin FY2025 9.45%. Net margin FY2021 7.83%. Net margin FY2022 7.66%. Net margin FY2023 7.61%. Net margin FY2024 7.40%. Net margin FY2025 7.06%.

Income trends

Revenue

15.52B USD+4.31%

Operating income

1.47B USD-0.01%

Net income

1.1B USD-0.47%
Income trends across reported periods16.98B USD11.17B USD5.36B USD−455.58M USDRevenue, FY2021: 12.73B USDRevenue, FY2022: 14.2B USDRevenue, FY2023: 14.56B USDRevenue, FY2024: 14.88B USDRevenue, FY2025: 15.52B USDOperating income, FY2021: 1.31B USDOperating income, FY2022: 1.43B USDOperating income, FY2023: 1.48B USDOperating income, FY2024: 1.47B USDOperating income, FY2025: 1.47B USDNet income, FY2021: 997.11M USDNet income, FY2022: 1.09B USDNet income, FY2023: 1.11B USDNet income, FY2024: 1.1B USDNet income, FY2025: 1.1B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 12.73B USD. Revenue FY2022 14.2B USD. Revenue FY2023 14.56B USD. Revenue FY2024 14.88B USD. Revenue FY2025 15.52B USD. Operating income FY2021 1.31B USD. Operating income FY2022 1.43B USD. Operating income FY2023 1.48B USD. Operating income FY2024 1.47B USD. Operating income FY2025 1.47B USD. Net income FY2021 997.11M USD. Net income FY2022 1.09B USD. Net income FY2023 1.11B USD. Net income FY2024 1.1B USD. Net income FY2025 1.1B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue15.52B USD14.88B USD14.56B USD14.2B USD12.73B USD
Cost of goods sold10.36B USD9.49B USD9.33B USD9.23B USD8.25B USD
Gross profit5.16B USD5.4B USD5.23B USD4.97B USD4.48B USD
Selling, general, and administrative3.69B USD3.48B USD3.36B USD3.19B USD2.9B USD
Operating expenses3.69B USD3.93B USD3.75B USD3.54B USD3.17B USD
Interest expense69.14M USD54.59M USD46.51M USD30.63M USD26.61M USD
Depreciation and amortization494.01M USD447.16M USD393.05M USD343.06M USD270.16M USD
Operating income1.47B USD1.47B USD1.48B USD1.43B USD1.31B USD
Net income1.1B USD1.1B USD1.11B USD1.09B USD997.11M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 7 misses, 0 met estimates
Average EPS surprise
-23.28%
11 comparable reports
Latest EPS result
0.81
Estimate 0.82 · Miss by 0.98%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.441.710.990.26Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Jan 30, 2025: actual 0.44, estimate 2.28, surprise -80.70%, Miss. Q2 2025, reported Apr 24, 2025: actual 0.34, estimate 0.368, surprise -7.63%, Miss. Q3 2025, reported Jul 24, 2025: actual 0.81, estimate 0.802, surprise +1.00%, Beat. Q4 2025, reported Oct 23, 2025: actual 0.49, estimate 0.482, surprise +1.62%, Beat. Q1 2026, reported Jan 29, 2026: actual 0.43, estimate 0.462, surprise -6.99%, Miss. Q2 2026, reported Apr 21, 2026: actual 0.31, estimate 0.341, surprise -9.20%, Miss. Q3 2026, reported Jul 23, 2026: actual 0.81, estimate 0.818, surprise -0.98%, Miss. Q4 2026, reported Oct 22, 2026: actual —, estimate 0.41, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates4.76B4.27B3.78B3.28BQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Jan 30, 2025: actual 3.77B USD, estimate 3.78B USD, surprise -0.25%, Miss. Q2 2025, reported Apr 24, 2025: actual 3.47B USD, estimate 3.53B USD, surprise -1.86%, Miss. Q3 2025, reported Jul 24, 2025: actual 4.44B USD, estimate 4.39B USD, surprise +1.04%, Beat. Q4 2025, reported Oct 23, 2025: actual 3.72B USD, estimate 3.72B USD, surprise +0.10%, Beat. Q1 2026, reported Jan 29, 2026: actual 3.9B USD, estimate 3.99B USD, surprise -2.28%, Miss. Q2 2026, reported Apr 21, 2026: actual 3.59B USD, estimate 3.63B USD, surprise -1.08%, Miss. Q3 2026, reported Jul 23, 2026: actual 4.54B USD, estimate 4.58B USD, surprise -0.82%, Miss. Q4 2026, reported Oct 22, 2026: actual —, estimate 3.8B USD, surprise —, Comparison unavailable.

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