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Tractor Supply Company TSCO Net debt / EBITDA

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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

Calculated from Tractor Supply Company’s reported figures.

Based on the most recent quarter.

The source filing: Tractor Supply Company’s 10-Q, filed May 7, 2026. Open the filing →

Filed
May 7, 2026, 4:39 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000916365-26-000024

FAQ

What is Tractor Supply Company's net debt / EBITDA?
Tractor Supply Company (TSCO) reported net debt / EBITDA of 3.2× in Q1 2026.
How has Tractor Supply Company's net debt / EBITDA changed year-over-year?
Tractor Supply Company's net debt / EBITDA increased by 9.8% year-over-year, from 2.9× to 3.2×.
What is the long-term trend for Tractor Supply Company's net debt / EBITDA?
Over 5 years (2020 to 2025), Tractor Supply Company's net debt / EBITDA has grown at a 10.1% compound annual growth rate (CAGR), from 1.8× to 2.9×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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