Tractor Supply (TSCO) Net Margin (2009 - 2026)
Tractor Supply's (TSCO) quarterly Net Margin came in at 4.58% in Q1 2026, down 59.0% YoY from 11.17% in Q1 2025, and up 3441.34% on a QoQ basis from 0.14% in Q4 2025.
Tractor Supply (TSCO) Net Margin (2009 - 2026) Analysis & Trends
Tractor Supply (TSCO) has 18 years of Net Margin data on file, last reported at 4.58% in Q1 2026.
- Quarterly Net Margin fell 59.0% year-over-year to 4.58% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.05% (down 419.0% YoY) and the FY2025 annual result came in at 7.06%, down 34.0% from the prior year.
- Net Margin advanced to 4.58% in Q1 2026, from 0.14% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 10.16% in Q2 2022 to a low of 0.14% in Q4 2025.
- A 5-year average of 6.79% and a median of 6.77% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin soared 32 bps — and 2025, when it slumped 640 bps.
- Tracing TSCO's Net Margin over 5 years: stood at 6.76% in 2022, then increased by 0 bps to 6.77% in 2023, then fell by 8 bps to 6.26% in 2024, then sank by 102 bps to 0.14% in 2025, then surged by 3441 bps to 4.58% in 2026.
- The last three Net Margin figures came in at 4.58% (Q1 2026), 0.14% (Q4 2025), and 6.97% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 3.56% |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 15.61% |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 10.81% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 7.94% |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 3.09% |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 6.19% |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 9.57% |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 3.07% |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 14.79% |
| 10 | MINISO Group Holding | 3.42 Bn | 2.45 Bn | 414.86 Mn | -2.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 7.94% |
| Mar 28, 2026 | 4.58% |
| Dec 27, 2025 | -0.14% |
| Sep 27, 2025 | 6.97% |
| Jun 28, 2025 | 9.69% |
| Mar 29, 2025 | 5.17% |
| Dec 28, 2024 | 6.26% |
| Sep 28, 2024 | 6.96% |
| Jun 29, 2024 | 10.01% |
| Mar 30, 2024 | 5.84% |
| Dec 30, 2023 | 6.77% |
| Sep 30, 2023 | 7.47% |
| Jul 1, 2023 | 10.07% |
| Apr 1, 2023 | 5.55% |
| Dec 31, 2022 | 6.76% |
| Sep 24, 2022 | 7.16% |
| Jun 25, 2022 | 10.16% |
| Mar 26, 2022 | 6.19% |
| Dec 25, 2021 | 6.67% |
| Sep 25, 2021 | 7.44% |