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

Tractor Supply (TSCO) has reported Gross Margin for 18 consecutive years, with 37.05% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Gross Margin rose 11.0% year-over-year to 37.05%; the trailing twelve-month figure through Jun 2026 stood at 20.98% (down 1543.0% YoY), and the FY2025 full-year result was 36.42%, up 16.0% from the prior year.
• Gross Margin climbed to 37.05% in Q2 2026 per TSCO's latest filing, from 36.22% in the prior quarter.
• Across five years, Gross Margin topped out at 37.35% in Q3 2025 and bottomed at 8.82% in Q4 2025.
• Historically, Gross Margin has averaged 34.52% across 5 years, with a median of 36.08% in 2024.
• The sharpest annual moves came in 2023 and 2025: Gross Margin soared 129 bps in 2023, then plunged 2641 bps in 2025.
• Over 5 years, Gross Margin stood at 34.04% in 2022, then grew by 4 bps to 35.33% in 2023, then fell by 0 bps to 35.24% in 2024, then plunged by 75 bps to 8.82% in 2025, then soared by 320 bps to 37.05% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 37.05%, 36.22%, and 8.82% for Q2 2026, Q1 2026, and Q4 2025 respectively.