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

Tractor Supply has reported Net Margin for 18 years, with the latest figure at 4.58% in Q1 2026.

• For the quarter ending Q1 2026, Net Margin fell 59.0% year-over-year to 4.58%; the trailing twelve-month figure through Mar 2026 stood at 3.05% (down 419.0% YoY), and the FY2025 full-year result was 7.06%, down 34.0% from the prior year.
• Net Margin for Q1 2026 stood at 4.58%, up from 0.14% in the prior quarter.
• The five-year high for Net Margin was 10.16% in Q2 2022, with the low at 0.14% in Q4 2025.
• Historically, Net Margin has averaged 6.79% across 5 years, with a median of 6.77% in 2023.
• Annual changes were most pronounced in 2023 — Net Margin soared 32 bps — and 2025, when it slumped 640 bps.
• Tractor Supply's Net Margin 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.