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

Tractor Supply's Net Margin history runs 18 years deep, the most recent figure standing at 4.58% for 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 was 4.58% for Q1 2026 at Tractor Supply, up from 0.14% in the prior quarter.
• Across five years, Net Margin topped out at 10.16% in Q2 2022 and bottomed at 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 sank 640 bps.
• Tractor Supply's Net Margin stood at 6.76% in 2022, then gained by 0 bps to 6.77% in 2023, then decreased by 8 bps to 6.26% in 2024, then tumbled by 102 bps to 0.14% in 2025, then jumped by 3441 bps to 4.58% in 2026.
• Business Quant data shows TSCO's Net Margin at 4.58% in Q1 2026, 0.14% in Q4 2025, and 6.97% in Q3 2025.