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Tractor Supply Company

TSCO

Tractor Supply Company is the largest rural lifestyle retailer in the United States, catering to recreational farmers, ranchers, and rural residents.

Market cap
$17.21B-45.1%
Revenue$15.8B+4.0%
Net income$1.9B+73.0%
Free cash flow$307.0M-76.2%
EPS (diluted)$1.92-5.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 22, 2026 (in a month)
Revenue estimate$3.8B
EPS estimate$0.40

Financials

Q2 2026

Income statement

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Revenue$4.5B+2.3%
Gross profit$1.7B+2.6%
Operating income$467.1M-19.2%
Net income$360.7M-16.1%
EPS (diluted)$0.69-14.8%

Balance sheet

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Cash & equivalents$231.6M+2.6%
Total debt$6.5B+17.8%
Total equity$2.6B+5.7%
Total assets$12.2B+15.2%

Cash flow

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Operating cash flow$562.0M-28.5%
CapEx$233.1M+10.8%
Free cash flow$328.9M-42.8%

Valuation & ratios

Valuation

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Market cap$17.21B-45.1%
Enterprise value$23.52B-35.7%
P/E9.2×-19.6×
P/S1.1×-1.0×

Profitability

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Gross margin36.5%+0.1pp
Operating margin8.5%-1.2pp
Net margin11.9%+4.8pp
FCF margin1.9%

Returns & leverage

See full
Return on equity73.4%+28.1pp
Debt / equity2.5×+0.3×
Current ratio1.3×+0.1×

Segments

By segment

See full
Reportable Segment$4.5B+2.3%

Competitors

Profile

Tractor Supply Company is the largest rural lifestyle retailer in the United States, catering to recreational farmers, ranchers, and rural residents. The company provides a specialized assortment of needs-based products through a vast network of physical stores and integrated digital platforms. Its core value proposition centers on being a trip consolidator for the 'Out Here' lifestyle, offering a blend of national brands and high-quality private labels.

Competitive position

Tractor Supply is the dominant market leader in the rural lifestyle retail niche, utilizing a 'trip consolidator' strategy that differentiates it from general big-box retailers.

GeographiesUnited States
Customer segmentsRecreational farmers, Ranchers, Rural residents, Pet owners
Business modelOmnichannel Retail, Brick-and-Mortar, E-commerce, Direct-to-Consumer
SuppliersDomestic and international merchandise vendors, Common carrier transportation providers, Raw material suppliers for private label manufacturing
CustomersIndividual recreational farmers, Ranchers, Small to medium businesses, Event space operators
Listed1994
Employees50.0K
CEOHarry A. Lawton
FilingsSEC EDGAR

FAQ

What is Tractor Supply Company's market cap?
Tractor Supply Company (TSCO) has a market capitalization of $17.2B and trades on NASDAQ.
What is Tractor Supply Company's revenue and profitability?
Tractor Supply Company generated $15.8B in trailing twelve-month revenue with net income of $1.9B, representing a net margin of 11.9%. Gross margin stands at 36.5%, with free cash flow of $307.0M. The latest reported period is Q2 2026.
Who are Tractor Supply Company's competitors?
Tractor Supply Company's key competitors include Petco Health and Wellness Company, Inc., The Home Depot, Inc., Lowe's Companies, Inc., and others. These companies compete in similar markets and product categories.
Who does Tractor Supply Company partner with?
Tractor Supply Company's notable partners include Volkswagen Group of America, Macy's, Inc..
What subsidiaries does Tractor Supply Company have?
Tractor Supply Company's subsidiaries include Petsense by Tractor Supply, Allivet, Tractor Supply Co. of Texas, LP.
Where is Tractor Supply Company headquartered?
Tractor Supply Company is headquartered in United States of America and employs approximately 50,000 people. It has been publicly traded since 1994.