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Operating margin at other companies

Lowe's Companies logo
Lowe's CompaniesLOW
11.5%-0.8pp
Walmart
 logo
Walmart WMT
4.2%-0.2pp
Home Depot logo
Home DepotHD
12.4%-0.8pp
Amazon logo
AmazonAMZN
11.5%+0.5pp
Dollar General logo
Dollar GeneralDG
5.3%+1.0pp
Dollar Tree logo
Dollar TreeDLTR
8.8%+0.7pp

Other financials

Income statement

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Revenue$3.6B+3.6%
Gross profit$1.3B+3.7%
Operating income$233.4M-6.3%
Net income$164.5M-8.3%
EPS (diluted)$0.31-8.8%

Balance sheet

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Cash & equivalents$224.3M-3.2%
Total debt$6.4B+11.2%
Total equity$2.5B+12.3%
Total assets$11.7B+12.3%

Cash flow

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Operating cash flow$91.1M-58.0%
CapEx$202.6M+43.4%
Free cash flow-$111.5M-248%

Valuation

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Market cap$15.6B-18.7%
Enterprise value$21.79B-13.8%
P/E-9.7×
P/S-0.3×

Profitability

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Gross margin36.4%+0.1pp
Net margin12.5%+5.2pp

Returns & leverage

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Return on equity82.1%+32.4pp
Debt / equity2.5×0.0×
Current ratio1.4×0.0×

Where this comes from

Calculated from Tractor Supply Company’s reported figures.

Based on trailing twelve months.

The official record: Tractor Supply Company’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tractor Supply Company's operating margin?
Tractor Supply Company (TSCO) reported operating margin of 9.3% in Q1 2026.
How has Tractor Supply Company's operating margin changed year-over-year?
Tractor Supply Company's operating margin decreased by 4.6% year-over-year, from 9.7% to 9.3%.
What is the long-term trend for Tractor Supply Company's operating margin?
Over 4 years (2021 to 2025), Tractor Supply Company's operating margin has grown at a 8.4% compound annual growth rate (CAGR), from 27.9% to 38.5%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.