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TSCO · Nasdaq · United States · Retail-Building Materials, Hardware, Garden Supply
In shortTRACTOR SUPPLY CO /DE/ is profitable, generates cash and carries moderate debt, with revenue growing (+4.3% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 9.5% | 48/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 7.1% | 48/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 45.2% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 26.5% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.34× | 45/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.68× | 73/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.80× | 91/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 21.22× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 4.00 | 74/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 4.8% | 39/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.68× | 47/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 7.6% | 83/100 |
| Operating margin volatility | 0.3% | 100/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 3.0% | 33/100 |
|---|---|---|
| EPS growth, 3-year average | 2.0% | 35/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 12,731 | 14,205 | 14,556 | 14,883 | 15,524 |
| Cost of revenue | 8,254 | 9,233 | 9,328 | 9,487 | 9,870 |
| Gross profit | 4,477 | 4,972 | 5,228 | 5,397 | 5,655 |
| Selling, general & admin | 2,900 | 3,194 | 3,356 | 3,482 | 3,693 |
| Operating income | 1,307 | 1,435 | 1,479 | 1,468 | 1,467 |
| Interest expense | 27 | 31 | 47 | 55 | 69 |
| Pre-tax income | 1,280 | 1,404 | 1,432 | 1,413 | 1,398 |
| Income tax | 283 | 316 | 325 | 312 | 302 |
| Net income | 997 | 1,089 | 1,107 | 1,101 | 1,096 |
| Diluted EPS | $8.61 | $1.94 | $2.02 | $2.04 | $2.06 |
| Diluted shares (millions) | 116 | 561 | 549 | 540 | 532 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
4.00 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 27, 2026 · Data updated Aug 6, 2026