Tractor Supply Co /De/TSCO

NasdaqConsumer SpendingRetail-Building Materials, Hardware, Garden Supply
Price (close)
$31.44
Market cap
$16.4B
P/E
8.7x
Revenue (TTM)
$15.8B
Net income
$1.9B
Dividend yield
3.02%
1-year total return
-42.9%
Net margin
11.9%
Revenue growth
4.0%
Debt / equity
0.82x

What Tractor Supply Co /De/ does.

Tractor Supply Company (the “Company” or “Tractor Supply” or “we” or “our” or “us”) is the largest rural lifestyle retailer in the United States (“U.S.”). The Company is focused on supplying the needs of recreational farmers, ranchers, and all those who enjoy living the rural lifestyle (which we refer to as the “ Out Here ” lifestyle). We operate retail stores under the names Tractor Supply Company and Petsense by Tractor Supply. Our stores are located primarily in towns outlying major metropolitan markets and in rural communities. We also offer an expanded assortment of products through the Tractor Supply mobile application and online at TractorSupply.com, Petsense.com, and Allivet.com.

On December 30, 2024, the Company completed its acquisition of Allivet, an online pet pharmacy. Pursuant to the agreement governing the transaction, the Company acquired 100% of the equity interest in Allivet for a purchase price of $135.0 million. The acquisition was financed with cash on hand from the balance sheet.

The Company has one reportable industry segment which is the retail sale of products that support the rural lifestyle. At December 27, 2025, we operated 2,602 retail stores in 49 states (2,395 Tractor Supply retail stores and 207 Petsense by Tractor Supply retail stores). Our Tractor Supply stores typically range in size from 15,000 to 20,000 square feet of inside selling space, along with additional outside selling space (“Side Lot” or “Garden Centers”), and our Petsense by Tractor Supply stores have approximately 5,500 square feet of inside selling space. Our online selling websites and our mobile application offer an extended assortment of products beyond those offered in-store and drive traffic into our stores through our buy online and pickup in-store and ship to store programs. Our retail store locations and digital capabilities provide the convenience to allow our customers to engage with us anytime, anywhere, and in any way they choose.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$10.6B$12.7B$14.2B$14.6B$14.9B$15.5B
Net income$749.0M$997.1M$1.1B$1.1B$1.1B$1.1B
Free cash flow$1.1B$510.3M$583.6M$580.1M$636.8M$740.5M

More on TSCO.

Figures from Tractor Supply Co /De/'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.