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) Gross margin

Alert me on Gross margin

Tractor Supply Company's gross margin over the twelve months to 30 June 2026 was 36.5%, up 0.0 percentage points from fiscal 2025 (36.4%). Over the past ten years it has ranged from 34.2% (fiscal 2018) to 36.4% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Specialty Retail industry median of 37.9% and in line with the Consumer Cyclical sector median of 35.0%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 36.4% 0.16
FY2024 36.3% 0.34
FY2023 35.9% 0.92
FY2022 35.0% (0.17)
FY2021 35.2% (0.25)
FY2020 35.4% 1.04
FY2019 34.4% 0.22
FY2018 34.2% (0.18)
FY2017 34.3% 0.04
FY2016 34.3% (0.12)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 37.1% 0.83
Mar 2026 36.2% 1.08
Dec 2025 35.1% (2.21)
Sep 2025 37.4% 0.41
42 more quarters

Against its own ten years

Low 34.2% High 36.4%
Ten-year median 35.0%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
WSM Williams-Sonoma, Inc. compare 47.2%
FIVE Five Below, Inc. compare 40.3%
ULTA Ulta Beauty Inc. compare 39.3%
GME GameStop Corp. compare 37.9%
TSCO Tractor Supply Company 36.5%
DKS DICK'S Sporting Goods, Inc. compare 32.1%
CASY Casey's General Stores, Inc. compare 23.8%
BBY Best Buy Co., Inc. compare 22.7%
MUSA Murphy USA Inc. compare 12.2%
Specialty Retail industry median 37.9%
Consumer Cyclical sector median 35.0%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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