Inside the research
Tractor Supply Company
TSCO Research profile · latest available data
Price overview
$32.27
▲ +0.83 (+2.6%)
| 52w hi | $55.53 |
|---|---|
| 52w lo | $28.94 |
| Vol | 8.71M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.37
| Short | -0.24 |
|---|---|
| Medium | -0.47 |
| Long | -0.45 |
computed 2026-09-27
Key fundamentals
Tractor Supply Company
Consumer Cyclical · Specialty Retail
| Market cap | $16.81B |
|---|---|
| Enterprise value | $23.13B |
| Trailing P/E | 16.81x |
| Forward P/E | 15.76x |
| EV / EBITDA | 11.97x |
| P / S (ttm) | 1.07x |
| Profit margin | 6.4% |
| Return on equity | 39.5% |
| Revenue growth | +2.3% |
| Earnings growth | -15.0% |
| Debt / equity | 248.71 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.12 | |
| Sector | -0.03 | |
| Technical | -0.25 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company provides various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; companion animal products, such as food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise. It offers its products under the 4health, Paws & Claws, American Farmworks, Producer's Pride, Bit & Bridle, Red Shed, Blue Mountain, Redstone, C.E. Schmidt, Retriever, Country Lane, Ridgecut, Countyline, Royal Wing, Country Tuff, Strive, Dumor, Traveller, Farm Table, Treeline, Groundwork, TSC Tractor Supply Co, Huskee, Untamed, JobSmart, and Impeckable brand names. The company operates its retail stores under the Tractor Supply Company, Petsense by Tractor Supply, and Orscheln Farm and Home names; and operates websites under the TractorSupply.com and Petsense.com names. It sells its products to recreational farmers, ranchers, and others. Tractor Supply Company was founded in 1938 and is based in Brentwood, Tennessee.
Risk Metrics
| Beta vs SPX | 0.56 |
|---|---|
| Corr SPX | 0.29 |
| Annual vol | 30.6% |
| Annual ret | -21.9% |
| Sharpe | -0.72 |
| Max DD | -53.5% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $46.96 |
|---|---|
| High / Low | $60.00 / $36.00 |
| Median | $47.00 |
| Analysts | 27 |
| Strong Buy | 2 | |
|---|---|---|
| Buy | 14 | |
| Hold | 14 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-05 | Piper Sandler | → Neutral |
| 2026-04-27 | TD Cowen | → Hold |
| 2026-04-23 | Guggenheim | → Buy |
| 2026-04-23 | Evercore ISI Group | → Outperform |
| 2026-04-23 | Citigroup | → Buy |
| 2026-04-22 | Wells Fargo | → Overweight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-07 | Officer / Director Change | read |
| 2026-08-06 | Other Material Event, Exhibits | read |
| 2026-07-23 | Earnings Release, Exhibits | read |
| 2026-05-28 | Other Material Event, Exhibits | read |
| 2026-05-21 | Material Agreement, Material Obligation… | read |
| 2026-05-15 | Shareholder Vote, Other Material Event | read |
| 2026-05-14 | Other Material Event, Exhibits | read |
| 2026-04-21 | Earnings Release, Exhibits | read |
| 2026-02-11 | Officer / Director Change, Other Material Event… | read |
| 2026-01-29 | Earnings Release, Exhibits | read |
| 2025-11-05 | Officer / Director Change, Other Material Event… | read |
| 2025-10-23 | Earnings Release, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-08 | Ledbetter Samuel Craig | SVP Chief Supply Chain Of | Withheld for tax | 28 | $936 |
| 2026-08-06 | Ordus John P | EVP Chief Stores Officer | Grant | 1.59K | — |
| 2026-08-06 | Estep Jonathan S | EVP Chief Merchandise Of | Grant | 794 | — |
| 2026-08-05 | Ledbetter Samuel Craig | SVP Chief Supply Chain Of | Grant | 2.40K | — |
| 2026-08-05 | DAHL AMY E | SVP General Counsel | Grant | 13.63K | — |
| 2026-08-04 | Lawton III Harry A | President & CEO | Buy | 2.65K | $84.69K |
| 2026-08-04 | MORRIS EDNA | Buy | 1.56K | $50.61K | |
| 2026-08-04 | Lawton III Harry A | President & CEO | Buy | 12.95K | $416.83K |
| 2026-08-03 | Hawaux Andre J | Buy | 3.15K | $100.26K | |
| 2026-07-01 | Krishnan Ramkumar | Grant | 830 | — |
Flow & Concentration
| Insider 180d net | $652.39K |
|---|---|
| Insider buys / sells | 4 / 0 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 97.0% |
| HHI | 4,990 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $742.86M | 23.50M |
| Citadel Advisors | $152.89M | 4.84M |
| Capital Research / Capital World | $80.20M | 2.54M |
| Fidelity / FMR LLC | $38.43M | 1.22M |
| Millennium Management | $35.67M | 1.13M |
| AQR Capital Management | $31.24M | 998.70K |
| Bridgewater Associates | $1.04M | 32.94K |
| T. Rowe Price Group | $743.95K | 23.54M |
As of 2026-06-30
Dividends
| Yield (TTM) | 1.46% |
|---|---|
| $ / share (TTM) | $0.47 |
| 5y CAGR | +25.1% |
Annual dividend per share
| 2021 | $0.42 |
|---|---|
| 2022 | $0.74 |
| 2023 | $0.82 |
| 2024 | $0.88 |
| 2025 | $0.92 |
| 2026 | $0.24 |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $15.52B | +11.6% | |
| Gross profit | $5.40B | +10.5% | |
| Operating income | $1.47B | +15.1% | |
| Net income | $1.10B | +16.7% | |
| Cash from ops | $1.33B | +12.7% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $31.46 | $32.50 | $31.35 | $32.27 | 8.71M |
| Sep 24 | $32.51 | $32.78 | $31.41 | $31.44 | 9.44M |
| Sep 23 | $32.85 | $32.95 | $32.01 | $32.29 | 10.45M |
| Sep 22 | $33.01 | $33.27 | $32.60 | $32.84 | 12.14M |
| Sep 21 | $32.20 | $32.70 | $31.87 | $32.33 | 9.06M |
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