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Tractor Supply Company TSCO Geographic — Workers compensation and general liability deductible

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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)$0.69-14.8%

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$233.1M+10.8%
Free cash flow$328.9M-42.8%

Valuation

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Market cap$17.52B-45.1%
Enterprise value$23.84B-36.1%
P/E9.3×-20.1×
P/S1.1×-1.0×

Profitability

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Gross margin36.5%+0.1pp
Operating margin8.5%-1.2pp
Net margin11.9%+4.8pp
FCF margin1.9%

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

Reported directly by Tractor Supply Company in its filing.

Tagged under the XBRL concept tsco:Workerscompensationandgeneralliabilitydeductible.

The source filing: Tractor Supply Company’s 10-K, filed February 19, 2026.

Filed
Feb 19, 2026, 5:19 PM EST
Fiscal year
FY2025
Accession
0000916365-26-000014

The Company self-insures a significant portion of its workers’ compensation and general liability (including product liability) insurance plans. The Company has stop-loss insurance policies to protect it from individual losses over specified dollar values. Our deductible or self-insured retention, as applicable, for each claim involving general liability insurance is limited to $1,000,000. Our deductible for self-insured retention, as applicable, for each claim involving workers’ compensation insurance and our Texas Work Injury Policy is limited to $500,000. Further, we maintain a commercially reasonable umbrella/excess policy that covers liabilities in excess of the primary insurance policy limits.

Item 8. Financial Statements and Supplementary Data

FAQ

What is Tractor Supply Company's geographic — workers compensation and general liability deductible?
Tractor Supply Company (TSCO) reported geographic — workers compensation and general liability deductible of $125K in Q4 2025.
How has Tractor Supply Company's geographic — workers compensation and general liability deductible changed year-over-year?
Tractor Supply Company's geographic — workers compensation and general liability deductible decreased by 0.0% year-over-year, from $125K to $125K.
What is the long-term trend for Tractor Supply Company's geographic — workers compensation and general liability deductible?
Over 4 years (2021 to 2025), Tractor Supply Company's geographic — workers compensation and general liability deductible has grown at a 0.0% compound annual growth rate (CAGR), from $500K to $500K.
What does geographic — workers compensation and general liability deductible mean?
This metric represents the per-claim financial retention or deductible amount for workers' compensation and general liability insurance policies within a specific geographic operating segment. It reflects the company's self-insurance risk appetite and the threshold at which third-party insurance coverage begins to apply for workplace injuries or liability claims. Monitoring this figure helps investors assess the company's exposure to operational risks and the potential volatility of insurance-related expenses in that region.

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