TORVANTA
Consumer Discretionary · S&P 500 · data as of 2026-10-05

TSCO stock analysis: Tractor Supply

Tractor Supply (TSCO) is an S&P 500 company in Other Specialty Retail. It grades weakest on momentum and growth.

The model's view of TSCO · subscribers

Where TSCO ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with TSCO · updated 2026-10-05 · from prices and SEC filings

TSCO price performance

TSCO against the S&P 500, one year
-40%-20%+0%+20%S&P 500 +18%TSCO -43%2025-09-292026-10-05
Year to date-36.0%S&P 500 +14.5% · behind by 50.5 pts
1 year-42.4%S&P 500 +17.0% · behind by 59.4 pts
3 years-18.9%S&P 500 +89.3% · behind by 108.2 pts
5 years-12.8%S&P 500 +91.3% · behind by 104.1 pts

Total returns with dividends reinvested.

TSCO factor grades

Each grade compares TSCO with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

C+ValueP/E 16.4x (sector 18.9x)FCF yield 1.9% (sector 5.3%)
D+GrowthRevenue growth +4% (sector +6%)
CProfitabilityOperating margin 8.5% (sector 15.4%)ROIC 23.4% (sector 29.5%)
C-Momentum12-month change -42%From 52-wk high -43%

TSCO in plain numbers

TSCO key statistics

SectorConsumer Discretionary
IndustryOther Specialty Retail
IndexS&P 500
Market value$16.4B
Revenue growth (y/y)+4%
Free-cash-flow yield1.9%
Dividend yield3.0%
Next earnings (expected)2026-10-22
Valuation measures
Market value$16.4B
Enterprise value$18.3B
P/E (trailing)16.4x
Forward P/E (Torvanta estimate)16.5x
Price / sales1.0x
Price / book6.2x
EV / revenue1.2x
EV / EBITDA9.9x
Financial highlights
Revenue, last 12 months$15.8B
Net income, last 12 months$1.9B
EPS, last 12 months (GAAP)$1.92
Gross margin36.5%
Operating margin8.5%
Net margin11.9%
Return on equity73.4%
Return on invested capital23.4%
Cash$231.6M
Total debt$2.2B
Debt / equity0.82x
Free cash flow, last 12 months$307.0M
Interest cover19.8x
Current ratio1.33x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

TSCO earnings trends

Revenue vs earnings
$0$1.1B$2.3B$3.4B$4.5BSep 2024 Revenue: $3.5BDec 2024 Revenue: $3.8BMar 2025 Revenue: $3.5BJun 2025 Revenue: $4.4BSep 2025 Revenue: $3.7BDec 2025 Revenue: $3.9BMar 2026 Revenue: $3.6BJun 2026 Revenue: $4.5BSep 2024 Net income: $241.5MDec 2024 Net income: $236.4MMar 2025 Net income: $179.4MJun 2025 Net income: $430.0MSep 2025 Net income: $259.3MDec 2025 Net income: $1.1BMar 2026 Net income: $164.5MJun 2026 Net income: $360.7MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 7.0%Net margin: 6.3%Net margin: 5.2%Net margin: 9.7%Net margin: 7.0%Net margin: 28.1%Net margin: 4.6%Net margin: 7.9%0%14%28%■ Revenue ■ Net income ━ Net margin
Earnings per share$-6.0$-4.3$-2.6$-0.9$0.8Sep 2024 EPS (GAAP, diluted): $0.5Dec 2024 EPS (GAAP, diluted): $-6.0Mar 2025 EPS (GAAP, diluted): $0.3Jun 2025 EPS (GAAP, diluted): $0.8Sep 2025 EPS (GAAP, diluted): $0.5Dec 2025 EPS (GAAP, diluted): $0.4Mar 2026 EPS (GAAP, diluted): $0.3Jun 2026 EPS (GAAP, diluted): $0.7Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +9% · Mar 2026 -9% · Jun 2026 -15%

From the company's 10-Q and 10-K filings with the SEC.

Tractor Supply financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$12.7B$14.2B$14.6B$14.9B$15.5B
Net income$1.0B$1.1B$1.1B$1.1B$2.0B
EPS (GAAP)$1.72$1.94$2.02$-4.36$2.07
Free cash flow$510.3M$583.6M$580.1M$636.8M$740.5M

TSCO earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-23$0.69-15%+2%+6.8%
2026-04-21$0.31-9%+4%-13.4%
2026-01-29$0.43n/a+3%-7.2%
2025-10-23$0.49+9%+7%+1.2%
2025-07-24$0.81+3%+5%-0.9%
2025-04-24$0.34-7%+2%-4.4%

About Tractor Supply

HeadquartersBrentwood, TN
Industry (SEC code)Retail-Building Materials, Hardware, Garden Supply
Fiscal year endsDecember 28
Incorporated inDE
Listed onNasdaq

From the company's SEC registration record.

Companies similar to TSCO

CompanyMarket valueP/ERevenue growthOperating margin12-month change
TSCO Tractor Supply$16.4B16.4x+4%8.5%-42%
NVR NVR Inc$15.9B15.5x-10%n/a-27%compare
GPC Genuine Parts$17.4Bn/a+5%n/a-6%compare
LEN Lennar$17.9B11.7x-7%n/a-42%compare
BBY Best Buy$18.3B14.5x+1%4.1%+20%
HAS Hasbro$13.0B16.5x+19%19.0%+26%
PHM PulteGroup$21.4B11.6x-7%n/a-16%

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Frequently asked questions

Is TSCO stock a buy?

Torvanta does not tell individuals what to buy. Its grades for TSCO are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is TSCO's P/E ratio?

TSCO trades at about 16.4 times its last 12 months of GAAP earnings reported to the SEC, and about 16.5 times Torvanta's own estimate of the next 12 months.

When does TSCO report earnings next?

Based on its filing history, Torvanta expects Tractor Supply to report around 2026-10-22.

Does TSCO pay a dividend?

Yes. Its dividend yield is about 3.0%, and it has raised its dividend 15 years in a row.

How has TSCO performed against the S&P 500?

Over the past year TSCO returned -42.4%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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