Tractor Supply Company TSCO Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 36.4%+0.1pp | 36.4%+0.2pp | 36.5%+0.2pp | 36.4%+0.3pp | 36.3%+0.3pp | |
| Operating margin | 9.3%-0.4pp | 9.5%-0.4pp | 9.7%-0.4pp | 9.7%-0.5pp | 9.7%-0.5pp | |
| Net margin | 12.5%+5.2pp | 12.7%+5.3pp | 7.2%-0.4pp | 7.2%-0.5pp | 7.2%-0.4pp | |
| Returns | ||||||
| Return on equity | 82.1%+32.4pp | 81%+31.2pp | 45.5%-5.1pp | 45.3%-5.9pp | 49.6%-6.0pp | |
| Return on invested capital | 13.8%-1.6pp | 14.6%-1.5pp | 14.9%-1.4pp | 15.4%-2.0pp | 15.4%-1.9pp | |
| Efficiency | ||||||
| Asset turnover | 1.4×-0.1× | 1.5×-0.1× | 1.5×-0.1× | 1.5×-0.1× | 1.5×-0.1× | |
| Liquidity | ||||||
| Current ratio | 1.4×0.0× | 1.3×-0.1× | 1.3×-0.2× | 1.3×-0.1× | 1.4×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 2.5×0.0× | 2.3×-0.1× | 2.2×-0.1× | 2.2×0.0× | 2.6×+0.2× | |
| Net debt / EBITDA | 3.2×+0.3× | 2.9×+0.2× | 2.8×+0.1× | 2.7×+0.3× | 2.9×+0.3× | |
| Per Share | ||||||
| Book value per share | $4.76+13.6% | $4.85+15.3% | $4.84+13.7% | $4.68+9.8% | $4.19+7.1% | |
| Valuation | ||||||
| Market capitalization | $23.83B-18.7% | $26.43B-6.8% | $30.14B-3.8% | $28.37B-2.7% | $29.29B+3.7% | |
| Price / earnings | 12.2×-14.8× | 13.4×-12.3× | 27.3×-0.9× | 26.1×+0.2× | 27.1×+1.9× | |
| Price / sales | 1.5×-0.4× | 1.7×-0.2× | 2×-0.2× | 1.9×-0.1× | 2×0.0× | |
| Price / book | 9.5×-3.6× | 10.2×-2.2× | 11.7×-2.0× | 11.4×-1.3× | 13.1×-0.2× | |
| EV / EBITDA | 15.4×-2.8× | 16.4×-1.1× | 18.1×-1.0× | 17.3×-0.4× | 18.2×+0.7× | |
| Dividend yield | 2.1%+0.4pp | 1.8%+0.2pp | 1.6%+0.1pp | 1.7%+0.1pp | 1.6%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Tractor Supply Company's profit margins?
- Tractor Supply Company (TSCO) runs a 36.4% gross margin and a 9.3% operating margin, with a 12.5% net margin.
- Where do Tractor Supply Company's ratios come from?
- Every ratio is computed from Tractor Supply Company's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
