TRACTOR SUPPLY COMPANY (TSCO) Fundamental Analysis & Valuation

NASDAQ:TSCO • US8923561067

Current stock price

35.67 USD
-1.07 (-2.91%)
At close:
35.7 USD
+0.03 (+0.08%)
After Hours:

This TSCO fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. TSCO Profitability Analysis

1.1 Basic Checks

  • In the past year TSCO was profitable.
  • In the past year TSCO had a positive cash flow from operations.
  • TSCO had positive earnings in each of the past 5 years.
  • Each year in the past 5 years TSCO had a positive operating cash flow.
TSCO Yearly Net Income VS EBIT VS OCF VS FCFTSCO Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

1.2 Ratios

  • With an excellent Return On Assets value of 9.27%, TSCO belongs to the best of the industry, outperforming 82.93% of the companies in the same industry.
  • The Return On Equity of TSCO (43.01%) is better than 91.87% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 12.99%, TSCO belongs to the top of the industry, outperforming 83.74% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for TSCO is in line with the industry average of 13.24%.
Industry RankSector Rank
ROA 9.27%
ROE 43.01%
ROIC 12.99%
ROA(3y)11.1%
ROA(5y)11.79%
ROE(3y)47.49%
ROE(5y)49.11%
ROIC(3y)15.2%
ROIC(5y)16.37%
TSCO Yearly ROA, ROE, ROICTSCO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

1.3 Margins

  • With an excellent Profit Margin value of 6.91%, TSCO belongs to the best of the industry, outperforming 83.74% of the companies in the same industry.
  • In the last couple of years the Profit Margin of TSCO has remained more or less at the same level.
  • TSCO has a Operating Margin of 9.28%. This is amongst the best in the industry. TSCO outperforms 82.93% of its industry peers.
  • In the last couple of years the Operating Margin of TSCO has remained more or less at the same level.
  • TSCO has a Gross Margin (36.43%) which is in line with its industry peers.
  • TSCO's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 9.28%
PM (TTM) 6.91%
GM 36.43%
OM growth 3Y-2.19%
OM growth 5Y-1.19%
PM growth 3Y-2.7%
PM growth 5Y0.02%
GM growth 3Y1.33%
GM growth 5Y0.56%
TSCO Yearly Profit, Operating, Gross MarginsTSCO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. TSCO Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TSCO is creating value.
  • Compared to 1 year ago, TSCO has less shares outstanding
  • Compared to 5 years ago, TSCO has less shares outstanding
  • The debt/assets ratio for TSCO has been reduced compared to a year ago.
TSCO Yearly Shares OutstandingTSCO Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
TSCO Yearly Total Debt VS Total AssetsTSCO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • TSCO has an Altman-Z score of 4.04. This indicates that TSCO is financially healthy and has little risk of bankruptcy at the moment.
  • TSCO has a Altman-Z score of 4.04. This is amongst the best in the industry. TSCO outperforms 80.49% of its industry peers.
  • TSCO has a debt to FCF ratio of 3.92. This is a good value and a sign of high solvency as TSCO would need 3.92 years to pay back of all of its debts.
  • The Debt to FCF ratio of TSCO (3.92) is better than 68.29% of its industry peers.
  • A Debt/Equity ratio of 0.86 indicates that TSCO is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.86, TSCO is in line with its industry, outperforming 45.53% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF 3.92
Altman-Z 4.04
ROIC/WACC1.54
WACC8.42%
TSCO Yearly LT Debt VS Equity VS FCFTSCO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

  • A Current Ratio of 1.38 indicates that TSCO should not have too much problems paying its short term obligations.
  • The Current ratio of TSCO (1.38) is comparable to the rest of the industry.
  • A Quick Ratio of 0.16 indicates that TSCO may have some problems paying its short term obligations.
  • TSCO has a worse Quick ratio (0.16) than 91.87% of its industry peers.
Industry RankSector Rank
Current Ratio 1.38
Quick Ratio 0.16
TSCO Yearly Current Assets VS Current LiabilitesTSCO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. TSCO Growth Analysis

3.1 Past

  • The Earnings Per Share has been growing slightly by 1.29% over the past year.
  • TSCO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.54% yearly.
  • TSCO shows a small growth in Revenue. In the last year, the Revenue has grown by 4.64%.
  • TSCO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.89% yearly.
EPS 1Y (TTM)1.29%
EPS 3Y2.15%
EPS 5Y8.54%
EPS Q2Q%-8.82%
Revenue 1Y (TTM)4.64%
Revenue growth 3Y3%
Revenue growth 5Y7.89%
Sales Q2Q%3.61%

3.2 Future

  • Based on estimates for the next years, TSCO will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.17% on average per year.
  • The Revenue is expected to grow by 6.16% on average over the next years.
EPS Next Y7.46%
EPS Next 2Y8.85%
EPS Next 3Y9.79%
EPS Next 5Y10.17%
Revenue Next Year4.52%
Revenue Next 2Y5.26%
Revenue Next 3Y5.97%
Revenue Next 5Y6.16%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
TSCO Yearly Revenue VS EstimatesTSCO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B 20B 25B
TSCO Yearly EPS VS EstimatesTSCO Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1 2 3 4

More info and screens

Find the best growth stocksShow best growing peers

4

4. TSCO Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 17.49, TSCO is valued on the expensive side.
  • Based on the Price/Earnings ratio, TSCO is valued a bit cheaper than the industry average as 72.36% of the companies are valued more expensively.
  • TSCO is valuated rather cheaply when we compare the Price/Earnings ratio to 27.35, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 14.54, which indicates a correct valuation of TSCO.
  • Based on the Price/Forward Earnings ratio, TSCO is valued a bit cheaper than the industry average as 69.92% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 22.23, TSCO is valued a bit cheaper.
Industry RankSector Rank
PE 17.49
Fwd PE 14.54
TSCO Price Earnings VS Forward Price EarningsTSCO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • TSCO's Enterprise Value to EBITDA ratio is in line with the industry average.
  • TSCO's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 33.9
EV/EBITDA 10.89
TSCO Per share dataTSCO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TSCO does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of TSCO may justify a higher PE ratio.
PEG (NY)2.35
PEG (5Y)2.05
EPS Next 2Y8.85%
EPS Next 3Y9.79%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. TSCO Dividend Analysis

5.1 Amount

  • TSCO has a Yearly Dividend Yield of 2.61%. Purely for dividend investing, there may be better candidates out there.
  • In the last 3 months the price of TSCO has falen by -29.89%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
  • TSCO's Dividend Yield is rather good when compared to the industry average which is at 3.78. TSCO pays more dividend than 80.49% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, TSCO pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.61%

5.2 History

  • The dividend of TSCO decreases each year by -9.18%.
  • TSCO has paid a dividend for at least 10 years, which is a reliable track record.
  • TSCO has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-9.18%
Div Incr Years15
Div Non Decr Years15
TSCO Yearly Dividends per shareTSCO Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8

5.3 Sustainability

  • 45.47% of the earnings are spent on dividend by TSCO. This is a bit on the high side, but may be sustainable.
DP45.47%
EPS Next 2Y8.85%
EPS Next 3Y9.79%
TSCO Yearly Income VS Free CF VS DividendTSCO Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
TSCO Dividend Payout.TSCO Dividend Payout, showing the Payout Ratio.TSCO Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

TSCO Fundamentals: All Metrics, Ratios and Statistics

TRACTOR SUPPLY COMPANY

NASDAQ:TSCO (4/27/2026, 6:14:57 PM)

After market: 35.7 +0.03 (+0.08%)

35.67

-1.07 (-2.91%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)04-21
Earnings (Next)07-22
Inst Owners99.5%
Inst Owner Change0.07%
Ins Owners0.27%
Ins Owner Change7.64%
Market Cap18.76B
Revenue(TTM)15.65B
Net Income(TTM)1.08B
Analysts77.3
Price Target57.72 (61.82%)
Short Float %5.45%
Short Ratio4.64
Dividend
Industry RankSector Rank
Dividend Yield 2.61%
Yearly Dividend0.92
Dividend Growth(5Y)-9.18%
DP45.47%
Div Incr Years15
Div Non Decr Years15
Ex-Date02-24
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.04%
Min EPS beat(2)-11.18%
Max EPS beat(2)-8.89%
EPS beat(4)0
Avg EPS beat(4)-5.36%
Min EPS beat(4)-11.18%
Max EPS beat(4)-0.36%
EPS beat(8)0
Avg EPS beat(8)-4.96%
EPS beat(12)2
Avg EPS beat(12)-3.24%
EPS beat(16)3
Avg EPS beat(16)-2.82%
Revenue beat(2)0
Avg Revenue beat(2)-3.81%
Min Revenue beat(2)-4.38%
Max Revenue beat(2)-3.23%
Revenue beat(4)0
Avg Revenue beat(4)-2.63%
Min Revenue beat(4)-4.38%
Max Revenue beat(4)-0.97%
Revenue beat(8)0
Avg Revenue beat(8)-2.74%
Revenue beat(12)0
Avg Revenue beat(12)-2.77%
Revenue beat(16)1
Avg Revenue beat(16)-2.4%
PT rev (1m)-1.6%
PT rev (3m)-9.57%
EPS NQ rev (1m)-0.26%
EPS NQ rev (3m)-2.74%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.31%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)-1.16%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-1.69%
Valuation
Industry RankSector Rank
PE 17.49
Fwd PE 14.54
P/S 1.2
P/FCF 33.9
P/OCF 12.43
P/B 7.46
P/tB 8.87
EV/EBITDA 10.89
EPS(TTM)2.04
EY5.72%
EPS(NY)2.45
Fwd EY6.88%
FCF(TTM)1.05
FCFY2.95%
OCF(TTM)2.87
OCFY8.05%
SpS29.75
BVpS4.78
TBVpS4.02
PEG (NY)2.35
PEG (5Y)2.05
Graham Number14.8105 (-58.48%)
Profitability
Industry RankSector Rank
ROA 9.27%
ROE 43.01%
ROCE 16.62%
ROIC 12.99%
ROICexc 13.34%
ROICexgc 13.99%
OM 9.28%
PM (TTM) 6.91%
GM 36.43%
FCFM 3.54%
ROA(3y)11.1%
ROA(5y)11.79%
ROE(3y)47.49%
ROE(5y)49.11%
ROIC(3y)15.2%
ROIC(5y)16.37%
ROICexc(3y)15.82%
ROICexc(5y)17.52%
ROICexgc(3y)16.51%
ROICexgc(5y)18.15%
ROCE(3y)19.45%
ROCE(5y)20.94%
ROICexgc growth 3Y-9.19%
ROICexgc growth 5Y-6.98%
ROICexc growth 3Y-9.39%
ROICexc growth 5Y-7.65%
OM growth 3Y-2.19%
OM growth 5Y-1.19%
PM growth 3Y-2.7%
PM growth 5Y0.02%
GM growth 3Y1.33%
GM growth 5Y0.56%
F-Score6
Asset Turnover1.34
Health
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF 3.92
Debt/EBITDA 1.11
Cap/Depr 191.02%
Cap/Sales 6.11%
Interest Coverage 250
Cash Conversion 77.33%
Profit Quality 51.19%
Current Ratio 1.38
Quick Ratio 0.16
Altman-Z 4.04
F-Score6
WACC8.42%
ROIC/WACC1.54
Cap/Depr(3y)182.76%
Cap/Depr(5y)201.25%
Cap/Sales(3y)5.4%
Cap/Sales(5y)5.32%
Profit Quality(3y)59.26%
Profit Quality(5y)56.51%
High Growth Momentum
Growth
EPS 1Y (TTM)1.29%
EPS 3Y2.15%
EPS 5Y8.54%
EPS Q2Q%-8.82%
EPS Next Y7.46%
EPS Next 2Y8.85%
EPS Next 3Y9.79%
EPS Next 5Y10.17%
Revenue 1Y (TTM)4.64%
Revenue growth 3Y3%
Revenue growth 5Y7.89%
Sales Q2Q%3.61%
Revenue Next Year4.52%
Revenue Next 2Y5.26%
Revenue Next 3Y5.97%
Revenue Next 5Y6.16%
EBIT growth 1Y-0.13%
EBIT growth 3Y0.75%
EBIT growth 5Y6.6%
EBIT Next Year38.53%
EBIT Next 3Y17.26%
EBIT Next 5Y13.39%
FCF growth 1Y-32.39%
FCF growth 3Y8.26%
FCF growth 5Y-7.62%
OCF growth 1Y-3.96%
OCF growth 3Y6.41%
OCF growth 5Y3.24%

TRACTOR SUPPLY COMPANY / TSCO Fundamental Analysis FAQ

What is the fundamental rating for TSCO stock?

ChartMill assigns a fundamental rating of 6 / 10 to TSCO.


Can you provide the valuation status for TRACTOR SUPPLY COMPANY?

ChartMill assigns a valuation rating of 4 / 10 to TRACTOR SUPPLY COMPANY (TSCO). This can be considered as Fairly Valued.


Can you provide the profitability details for TRACTOR SUPPLY COMPANY?

TRACTOR SUPPLY COMPANY (TSCO) has a profitability rating of 7 / 10.


Can you provide the PE and PB ratios for TSCO stock?

The Price/Earnings (PE) ratio for TRACTOR SUPPLY COMPANY (TSCO) is 17.49 and the Price/Book (PB) ratio is 7.46.


What is the earnings growth outlook for TRACTOR SUPPLY COMPANY?

The Earnings per Share (EPS) of TRACTOR SUPPLY COMPANY (TSCO) is expected to grow by 7.46% in the next year.