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) Operating margin

Alert me on Operating margin

Tractor Supply Company's operating margin over the twelve months to 30 June 2026 was 8.51%, down 0.9 percentage points from fiscal 2025 (9.45%). Over the past ten years it has ranged from 8.87% (fiscal 2018) to 10.5% (fiscal 2015); the current reading is higher than 36% of that period. That is above the Specialty Retail industry median of 3.66% and above the Consumer Cyclical sector median of 3.57%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 9.45% (0.41)
FY2024 9.86% (0.30)
FY2023 10.2% 0.06
FY2022 10.1% (0.16)
FY2021 10.3% 0.87
FY2020 9.39% 0.49
FY2019 8.90% 0.03
FY2018 8.87% (0.59)
FY2017 9.46% (0.78)
FY2016 10.2% (0.21)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 10.3% 3.79
Mar 2026 6.50% (1.14)
Dec 2025 7.64% (1.57)
Sep 2025 9.21% (3.80)
42 more quarters

Against its own ten years

Low 8.87% High 10.5%
Ten-year median 9.86%
Current reading's percentile 2

Operating margin against peers

Company Operating margin
WSM Williams-Sonoma, Inc. compare 19.2%
FIVE Five Below, Inc. compare 14.8%
GME GameStop Corp. compare 13.5%
ULTA Ulta Beauty Inc. compare 12.5%
TSCO Tractor Supply Company 8.51%
CASY Casey's General Stores, Inc. compare 5.88%
DKS DICK'S Sporting Goods, Inc. compare 5.53%
MUSA Murphy USA Inc. compare 4.29%
BBY Best Buy Co., Inc. compare 4.05%
Specialty Retail industry median 3.66%
Consumer Cyclical sector median 3.57%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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