TSCO Tractor Supply margins

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Relative Growth: Rel. Growth: 53
Relative Strength: Rel. Strength: 20
Relative Valuation: Rel. Valuation: 67
Relative Profitability: Rel. Profitability: 60
Gross margin
36.5%
Operating margin
8.5%
EBITDA margin
11.7%
Net margin
6.4%

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.

TSCO margin history

Gross, operating, EBITDA and net margin trends

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.

TSCO margin expansion

Year-over-year margin changes in percentage points

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.

Gross margin expansion
0.1pp
Operating margin expansion
-1.2pp
EBITDA margin expansion
-1.1pp
Net margin expansion
-0.8pp

TSCO Gross margin

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.

TSCO Operating margin

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.

TSCO EBITDA margin

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.

TSCO Net margin

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.

TSCO margin group comparison

Margins compared with peer-group, industry and sector averages

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.

TSCO margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Tractor Supply's gross margin?

As of Jun 27, 2026, TSCO has a gross margin of 36.5%.

What is Tractor Supply's operating margin?

As of Jun 27, 2026, TSCO has an operating margin of 8.5%.

What is Tractor Supply's EBITDA margin?

As of Jun 27, 2026, TSCO has an EBITDA margin of 11.7%.

What is Tractor Supply's net margin?

For the period ending Jun 27, 2026, TSCO recorded a net margin of 6.4%.

What are the average margins of TSCO?

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.

What are the highest historical margins of TSCO?

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.

What are the lowest historical margins of TSCO?

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.