Tractor Supply Company SG&A decreased by 0.3% to $941.15M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.2%, from $886.21M to $941.15M. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 6.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
selling_general_and_administrative| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $736.75M | $718.26M | $752.10M | $734.58M | $777.86M | $772.17M | $909.60M | $828.24M | $853.16M | $819.31M | $855.55M | $853.44M | $884.90M | $852.30M | $891.23M | $886.21M | $940.06M | $922.45M | $944.39M | $941.15M |
| QoQ Change | — | -2.5% | +4.7% | -2.3% | +5.9% | -0.7% | +17.8% | -8.9% | +3.0% | -4.0% | +4.4% | -0.2% | +3.7% | -3.7% | +4.6% | -0.6% | +6.1% | -1.9% | +2.4% | -0.3% |
| YoY Change | — | — | — | — | +5.6% | +7.5% | +20.9% | +12.7% | +9.7% | +6.1% | -5.9% | +3.0% | +3.7% | +4.0% | +4.2% | +3.8% | +6.2% | +8.2% | +6.0% | +6.2% |