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.

Tractor Supply Company TSCO Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	145.7%+0.1pp	145.6%+0.2pp	145.4%+0.2pp	145.3%+0.3pp	145%+0.3pp
Operating margin	38.1%-0.4pp	38.5%-0.4pp	38.9%-0.4pp	39.3%-0.5pp	39.8%-0.5pp
Net margin	39.5%+5.2pp	34.2%+5.3pp	29%-0.4pp	29.3%-0.5pp	29.8%-0.4pp
EBITDA margin	50.8%-0.3pp	51.1%-0.2pp	51.3%-0.1pp	51.4%-0.1pp	51.6%-0.1pp
Returns
Return on equity	253.9%+32.4pp	221.4%+31.2pp	190.3%-5.1pp	195.4%-5.9pp	201.3%-6.0pp
Return on assets	58%+6.8pp	51.2%+7.4pp	43.8%-1.0pp	44.9%-1.3pp	46.2%-1.3pp
Return on invested capital	58.6%-1.6pp	60.2%-1.5pp	61.7%-1.4pp	63.1%-2.0pp	65.2%-1.9pp
Efficiency
Asset turnover	5.9×-0.1×	6×-0.1×	6×-0.1×	6.1×-0.1×	6.2×-0.1×
Inventory turnover	12.5×-0.1×	12.6×-0.1×	12.8×-0.1×	12.8×-0.2×	13×0.0×
Liquidity
Current ratio	5.3×0.0×	5.3×-0.1×	5.4×-0.2×	5.6×-0.1×	5.7×0.0×
Quick ratio	0.6×0.0×	0.6×0.0×	0.7×0.0×	0.7×-0.1×	0.8×0.0×
Cash ratio	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.4×-0.1×	0.4×0.0×
Leverage
Debt-to-equity	9.3×0.0×	9.3×-0.1×	9.4×-0.1×	9.5×0.0×	9.5×+0.2×
Debt-to-assets	2.1×0.0×	2.2×0.0×	2.2×0.0×	2.2×0.0×	2.2×0.0×
Net debt / EBITDA	11.6×+0.3×	11.4×+0.2×	11.1×+0.1×	11×+0.3×	10.8×+0.3×
Interest coverage	85.2×-2.2×	87.3×-5.7×	93×-8.7×	101.7×-11.9×	113.6×-9.4×
Per Share
Book value per share	$19.12+3.1%	$18.56+3.6%	$17.91+3.4%	$17.33+2.5%	$16.91+1.7%
Valuation
Market capitalization	$108.76B-4.8%	$114.23B-1.7%	$116.15B-1.0%	$117.35B-0.7%	$118.12B+0.9%
Enterprise value	$131.57B-3.5%	$136.38B-1.0%	$137.72B-0.6%	$138.53B-0.1%	$138.71B+1.3%
Price / earnings	79×-14.8×	93.9×-12.3×	106.2×-0.9×	107.1×+0.2×	106.8×+1.9×
Price / sales	7.1×-0.4×	7.5×-0.2×	7.7×-0.2×	7.9×-0.1×	8×0.0×
Price / book	42.8×-3.6×	46.4×-2.2×	48.7×-2.0×	50.7×-1.3×	51.9×-0.2×
EV / EBITDA	67.2×-2.8×	70×-1.1×	71.1×-1.0×	72.1×-0.4×	72.5×+0.7×
EV / sales	8.5×-0.4×	8.9×-0.2×	9.1×-0.2×	9.3×-0.1×	9.4×+0.1×
Earnings yield	23.1%+4.5pp	18.6%+3.5pp	15.1%+0.1pp	15%0.0pp	15%-0.3pp
Dividend yield	7.2%+0.4pp	6.8%+0.2pp	6.6%+0.1pp	6.5%+0.1pp	6.4%0.0pp

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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.