Currently, Tractor Supply has a gross margin of 36.5%, an operating margin of 8.5%, an EBITDA margin of 11.7%, and a net margin of 6.4%. The largest positive change was in gross margin, up 0.1 percentage points. The largest negative change was in operating margin, down 1.2 percentage points.
Tractor Supply's margins averaged 36.23% gross, 9.75% operating, 12.73% EBITDA, and 7.29% net during the last 3 years. Current figures show gross margin is above its three-year average, while operating, EBITDA, and net margins are below their three-year averages.
Compared with the same period last year, gross margin expanded by 0.1 percentage points, while operating margin contracted by 1.2 percentage points, EBITDA margin by 1.1 percentage points, and net margin by 0.8 percentage points.
Tractor Supply's gross margin averaged 36.23% in the last 3 years. As of the latest period, Tractor Supply's current gross margin is 36.5%, which is 0.3 percentage points above its three-year average. Over the last 3 years, Tractor Supply's gross margin peaked at 36.5% in Jun 2026 and reached a low of 35.6% in Sep 2023.
Over the last 3 years, the average operating margin for Tractor Supply was 9.75%. The latest operating margin for Tractor Supply is 8.5%, 1.3 percentage points below its three-year average. Tractor Supply's operating margin ranged from a low of 8.5% in Jun 2026 to a high of 10.2% in Jun 2024.
Tractor Supply recorded an average EBITDA margin of 12.73% across the last 3 years. Tractor Supply currently reports an EBITDA margin of 11.7%, 1 percentage points below its three-year average. Over the last 3 years, Tractor Supply's EBITDA margin peaked at 13% in Sep 2024 and reached a low of 11.7% in Jun 2026.
Tractor Supply's net margin averaged 7.29% over the last 3 years. Tractor Supply currently reports a net margin of 6.4%, 0.9 percentage points below its three-year average. Over the last 3 years, Tractor Supply's net margin peaked at 7.7% in Jun 2024 and reached a low of 6.4% in Jun 2026.
With a gross margin of 36.5%, TSCO stands above the Consumer Cyclical sector, the industry and its peers average. But when looking at its Consumer Cyclical sector average of 36.3%, Tractor Supply's gross margin is only 0.6% higher.
As of Jun 27, 2026, TSCO has a gross margin of 36.5%.
As of Jun 27, 2026, TSCO has an operating margin of 8.5%.
As of Jun 27, 2026, TSCO has an EBITDA margin of 11.7%.
For the period ending Jun 27, 2026, TSCO recorded a net margin of 6.4%.
Tractor Supply's gross, operating, EBITDA, and net margins averaged 36.2% gross, 9.8% operating, 12.7% EBITDA, and 7.3% net over the last 3 years.
Tractor Supply's highest recorded margins during the past 5 years were 36.5% gross in Jun 2026, 10.3% operating in Dec 2021, 13% EBITDA in Sep 2024, and 7.8% net in Jun 2022.
Tractor Supply's lowest recorded margins during the past 5 years were 35% gross in Jun 2022, 8.5% operating in Jun 2026, 11.7% EBITDA in Jun 2026, and 6.4% net in Jun 2026.