Tractor Supply (TSCO) Return on Capital Employed (2010 - 2026)
Tractor Supply (TSCO) posted Return on Capital Employed of 17.35% for Q1 2026, down 1.99% on a QoQ basis from 17.7% in Q4 2025, and down 205.0% year-over-year from 16.52% in Q1 2025.
Tractor Supply (TSCO) Return on Capital Employed (2010 - 2026) Analysis & Trends
Tractor Supply's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 17.35% for Q1 2026.
- Quarterly Return on Capital Employed fell 205.0% year-over-year to 17.35% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.35% (down 205.0% YoY) and the FY2025 annual result came in at 18.92%, down 152.0% from the prior year.
- Return on Capital Employed was 17.35% for Q1 2026 at Tractor Supply, down from 17.7% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 24.64% in Q4 2022 and bottomed at 17.35% in Q1 2026.
- A 5-year average of 21.14% and a median of 21.07% in 2023 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2022 — Return on Capital Employed jumped 337 bps — and 2023, when it sank 357 bps.
- Tractor Supply's Return on Capital Employed stood at 24.64% in 2022, then fell by 14 bps to 21.07% in 2023, then dropped by 7 bps to 19.65% in 2024, then declined by 10 bps to 17.7% in 2025, then fell by 2 bps to 17.35% in 2026.
- Business Quant data shows TSCO's Return on Capital Employed at 17.35% in Q1 2026, 17.7% in Q4 2025, and 18.8% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 20.02% |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 41.55% |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 32.06% |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 22.05% |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 8.58% |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | 16.31% |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 17.35% |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 11.70% |
| 10 | Murphy USA | 11.42 Bn | 11.30 Bn | -3.64 Bn | 22.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 17.35% |
| Dec 27, 2025 | 17.70% |
| Sep 27, 2025 | 18.80% |
| Jun 28, 2025 | 19.07% |
| Mar 29, 2025 | 19.39% |
| Dec 28, 2024 | 19.65% |
| Sep 28, 2024 | 19.96% |
| Jun 29, 2024 | 21.05% |
| Mar 30, 2024 | 21.85% |
| Dec 30, 2023 | 21.07% |
| Sep 30, 2023 | 22.12% |
| Jul 1, 2023 | 21.92% |
| Apr 1, 2023 | 22.71% |
| Dec 31, 2022 | 24.64% |
| Sep 24, 2022 | 23.62% |
| Jun 25, 2022 | 24.56% |
| Mar 26, 2022 | 23.89% |
| Dec 25, 2021 | 22.96% |
| Sep 25, 2021 | 21.13% |
| Jun 26, 2021 | 21.20% |