Tractor Supply Company

TSCO Consumer Cyclical Specialty Retail

Tractor Supply Company’s revenue for fiscal 2025 (year ended December 2025) was $15.5 billion, up 4.31% from fiscal 2024. In the quarter to June 2026, revenue grew 2.29%, EPS fell 14.8%, free cash flow fell 38.5% and total debt rose 29.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten; insiders bought in the last twelve months.

33.16 0.21 −0.63%
Market cap
$17.4B
P/E
17.3×
Fwd P/E
14.0×
Dividend yield
2.86%
F-score
6/9
Altman Z
4.83
Beneish M
−2.46
Dividend safety
87/100

Tractor Supply Company (TSCO) Debt to equity

Alert me on Debt to equity

Tractor Supply Company's debt to equity at the end of the quarter to 30 June 2026 was 0.8×, up 0.1× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.1× (fiscal 2015) to 0.8× (fiscal 2024); the current reading is higher than 82% of that period. That is above the Specialty Retail industry median of 0.3× and above the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.7× (15.08%)
FY2024 0.8× 0.04%
FY2023 0.8× 39.53%
FY2022 0.6× 15.33%
FY2021 0.5× (3.76%)
FY2020 0.5× 94.13%
FY2019 0.3× (2.58%)
FY2018 0.3× (13.52%)
FY2017 0.3× 56.71%
FY2016 0.2× 72.06%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.8× (2.89%)
Mar 2026 0.9× 23.56%
Dec 2025 0.7× 0.96%
Sep 2025 0.7× 0.95%
42 more quarters

Against its own ten years

Low 0.1× High 0.8×
Ten-year median 0.5×
Current reading's percentile 82

Debt to equity against peers

Company Debt to equity
WSM Williams-Sonoma, Inc. compare 0.0×
FIVE Five Below, Inc. compare 0.0×
ULTA Ulta Beauty Inc. compare 0.1×
DKS DICK'S Sporting Goods, Inc. compare 0.3×
BBY Best Buy Co., Inc. compare 0.4×
CASY Casey's General Stores, Inc. compare 0.6×
GME GameStop Corp. compare 0.7×
TSCO Tractor Supply Company 0.8×
MUSA Murphy USA Inc. compare 2.8×
Specialty Retail industry median 0.3×
Consumer Cyclical sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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