Tractor Supply (TSCO) Gross Margin (2009 - 2026)

Tractor Supply (TSCO) posted Gross Margin of 36.22% for Q1 2026, up 310.51% quarter-over-quarter from 8.82% in Q4 2025, and up 1.0% year-on-year from 35.87% in Q1 2025.

Tractor Supply (TSCO) Gross Margin (2009 - 2026) Analysis & Trends

Tractor Supply (TSCO) has reported Gross Margin for 18 consecutive years, with 36.22% the latest figure, recorded in Q1 2026.

  • Gross Margin for Q1 2026 came in at 36.22%, up 1.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.9% (down 1542.0% YoY), and the FY2025 annual result was 36.42%, up 16.0% from the prior year.
  • Gross Margin was 36.22% for Q1 2026 at Tractor Supply, up from 8.82% in the prior quarter.
  • Over five years, Gross Margin peaked at 37.35% in Q3 2025 and troughed at 8.82% in Q4 2025.
  • Average Gross Margin over 5 years is 34.37%, with a median of 35.96% recorded in 2024.
  • Year-over-year, Gross Margin jumped 129 bps in 2023 and sank 2641 bps in 2025.
  • Over 5 years, Gross Margin stood at 34.04% in 2022, then increased by 4 bps to 35.33% in 2023, then retreated by 0 bps to 35.24% in 2024, then sank by 75 bps to 8.82% in 2025, then jumped by 311 bps to 36.22% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 36.22% in Q1 2026, 8.82% in Q4 2025, and 37.35% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 23.63%
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn 46.87%
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 28.43%
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 36.22%
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 23.52%
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 82.59%
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn 40.32%
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn 97.03%
10 Academy Sports & Outdoors 3.04 Bn 2.71 Bn 479.35 Mn 33.24%

Historic Data

Download Data
DateValue
Mar 28, 2026 36.22%
Dec 27, 2025 8.82%
Sep 27, 2025 37.35%
Jun 28, 2025 36.94%
Mar 29, 2025 36.21%
Dec 28, 2024 35.24%
Sep 28, 2024 37.21%
Jun 29, 2024 36.63%
Mar 30, 2024 35.96%
Dec 30, 2023 35.33%
Sep 30, 2023 36.65%
Jul 1, 2023 36.20%
Apr 1, 2023 35.46%
Dec 31, 2022 34.04%
Sep 24, 2022 35.64%
Jun 25, 2022 35.51%
Mar 26, 2022 34.94%
Dec 25, 2021 33.76%
Sep 25, 2021 35.96%
Jun 26, 2021 35.75%