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Discontinued — last reported Q2 '26

Invested capital at other companies

Oneok logo
OneokOKE
8.6%-0.2pp
Rithm Capital logo
Rithm CapitalRITM
3.2%0.0pp
Citigroup logo
CitigroupC
32.6%+2.0pp
Morgan Stanley logo
Morgan StanleyMS
16.9%+0.4pp
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
20.5%-0.7pp
American Express logo
American ExpressAXP
49.1%-10.0pp

Other financials

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)$1.78+120%

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-$638.3M-403%
Free cash flow-$76.3M-113%

Valuation

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Market cap$16.14B-48.8%
Enterprise value$22.45B-39.1%
P/E8.6×-20.4×
P/S-1.1×

Profitability

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Gross margin36.5%+0.1pp
Operating margin8.5%-1.2pp
Net margin11.9%+4.8pp
FCF margin-0.6%

Returns & leverage

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

Where this comes from

Reported directly by Tractor Supply Company in its filing.

The source filing: Tractor Supply Company’s 8-K, filed July 23, 2026. Open the filing →

Filed
Jul 23, 2026, 7:03 AM EDT
Accession
0000916365-26-000052

FAQ

What is Tractor Supply Company's invested capital?
Tractor Supply Company (TSCO) reported invested capital of $8.94B in Q2 2026.
How has Tractor Supply Company's invested capital changed year-over-year?
Tractor Supply Company's invested capital increased by 14.4% year-over-year, from $7.82B to $8.94B.
What is the long-term trend for Tractor Supply Company's invested capital?
Over 5 years (2020 to 2025), Tractor Supply Company's invested capital has grown at a 15.1% compound annual growth rate (CAGR), from $4.12B to $8.34B.
What does invested capital mean?
Total debt plus shareholders' equity minus cash, at the quarter end. The capital actually put to work in the operating business — the denominator of return on invested capital (ROIC).

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