Letters of Credit Outstanding, Amount
Tractor Supply Company Letters of Credit Outstanding, Amount decreased by 1.3% to $77.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.0%, from $76.80M to $77.60M. Over 5 years (FY 2020 to FY 2025), Letters of Credit Outstanding, Amount shows an upward trend with a 10.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests higher reliance on external credit facilities to support operational or contractual obligations.
Detailed definition
This represents the total face value of letters of credit issued by the company to guarantee performance or payment to t...
Peer comparison
Common in capital-intensive industries; reflects the company's ability to secure credit and manage counterparty risk.
other_letters_of_credit_outstanding_amountHistorical Data
| 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 | $68.10M | $46.50M | $52.90M | $52.80M | $57.60M | $55.80M | $52.60M | $58.40M | $60.20M | $58.20M | $58.30M | $62.20M | $83.10M | $78.80M | $74.10M | $76.80M | $77.00M | $80.80M | $78.60M | $77.60M |
| QoQ Change | — | -31.7% | +13.8% | -0.2% | +9.1% | -3.1% | -5.7% | +11.0% | +3.1% | -3.3% | +0.2% | +6.7% | +33.6% | -5.2% | -6.0% | +3.6% | +0.3% | +4.9% | -2.7% | -1.3% |
| YoY Change | — | — | — | — | -15.4% | +20.0% | -0.6% | +10.6% | +4.5% | +4.3% | +10.8% | +6.5% | +38.0% | +35.4% | +27.1% | +23.5% | -7.3% | +2.5% | +6.1% | +1.0% |
Letters of Credit Outstanding, Amount at Other Companies
Frequently Asked Questions
- What is Tractor Supply Company's letters of credit outstanding, amount?
- Tractor Supply Company (TSCO) reported letters of credit outstanding, amount of $77.60M in Q1 2026.
- How has Tractor Supply Company's letters of credit outstanding, amount changed year-over-year?
- Tractor Supply Company's letters of credit outstanding, amount increased by 1.0% year-over-year, from $76.80M to $77.60M.
- What is the long-term trend for Tractor Supply Company's letters of credit outstanding, amount?
- Over 5 years (2020 to 2025), Tractor Supply Company's letters of credit outstanding, amount has grown at a 10.0% compound annual growth rate (CAGR), from $48.70M to $78.60M.
- What does letters of credit outstanding, amount mean?
- The total amount of bank-guaranteed payments the company has committed to.