Tractor Supply (TSCO) Return on Capital Employed [ROCE] (2010 - 2026)
Tractor Supply's Return on Capital Employed [ROCE] came in at 15.37% for Q2 2026, down 3.69 percentage points from 19.07% a year earlier and down 1.97 percentage points from the prior quarter.
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Analysis
Tractor Supply (TSCO) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Tractor Supply's Return on Capital Employed [ROCE] was 18.92%, down 1.52 percentage points from FY2024.
- Return on Capital Employed [ROCE] has declined in each of the last three years, with a five-year change of -3.61 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was 20.45% in FY2024 (-1.75 pp), 22.20% in FY2023 (-2.75 pp), 24.94% in FY2022 (+0.49 pp) and 24.45% in FY2021 (+1.93 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Capital Employed [ROCE] in data going back to Q2 2010.
- Year-over-year, Return on Capital Employed [ROCE] has declined for 14 consecutive quarters, with an average year-over-year change of -2.11 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q4 2021 (a gain of 3.83 percentage points), and the weakest in Q2 2026 (a drop of 3.69 percentage points).
- Business Quant data shows TSCO's Return on Capital Employed [ROCE] at 17.35% (Q1 2026), 17.70% (Q4 2025) and 18.80% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 827.17 Bn | 789.87 Bn | 49.13 Bn | 18.33% |
| 2 | Costco Wholesale | 408.32 Bn | 337.62 Bn | 9.01 Bn | 26.16% |
| 3 | Sysco | 37.11 Bn | 31.36 Bn | 4.13 Bn | 17.51% |
| 4 | Kroger | 34.86 Bn | 21.01 Bn | 7.86 Bn | 4.92% |
| 5 | Dollar General | 26.24 Bn | 20.91 Bn | 3.68 Bn | 9.89% |
| 6 | Caseys General Stores | 22.83 Bn | 20.83 Bn | 1.24 Bn | 20.28% |
| 7 | Dollar Tree | 21.05 Bn | 17.67 Bn | 2.10 Bn | 20.72% |
| 8 | US Foods Holding | 20.97 Bn | 20.76 Bn | 1.92 Bn | 12.21% |
| 9 | Tractor Supply | 16.22 Bn | 15.39 Bn | 1.68 Bn | 15.37% |
| 10 | Performance Food | 14.65 Bn | 14.43 Bn | 2.17 Bn | 6.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 15.37% |
| 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% |
API Access
Tractor Supply Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=TSCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "TSCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=TSCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();