TSCO Stock Analysis: Tractor Supply | NASDAQ
Specialty Retail | NASDAQ, USA | Market Cap: 18.850m USD | 12M Return: -30.9% | US8923561067 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 465M
EPS Trend: -44.1%
Qual. Beats: 1
Rev. Trend: 98.8%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Tractor Supply Company (NASDAQ: TSCO) is a U.S. rural lifestyle retailer offering merchandise across several categories: livestock and equine feed and equipment, companion animal products, seasonal and recreation goods (tractors, riders, lawn and garden, power equipment), truck, tool and hardware items, and clothing, gifts and décor. The company serves recreational farmers, ranchers, and other rural customers, operating as a specialty retailer focused on a niche largely underserved by general merchandise big-box chains.
TSCO sells products under a broad portfolio of owned brands, including 4health, Paws & Claws, American Farmworks, Producers Pride, Bit & Bridle, Red Shed, Blue Mountain, Redstone, C.E. Schmidt, Retriever, Country Lane, Ridgecut, Countyline, Dumor, Traveller, Treeline and Huskee, among others. An extensive private-label assortment is a common feature of specialty retail and typically supports higher margins and customer loyalty than national-brand-only assortments.
The company operates physical stores under the Tractor Supply Company, Petsense by Tractor Supply, and Orscheln Farm and Home banners, and runs e-commerce sites at TractorSupply.com and Petsense.com, reflecting an omnichannel model that combines a large rural store footprint with online sales. Founded in 1938, Tractor Supply is headquartered in Brentwood, Tennessee, and is classified within the Consumer Discretionary sector under the Other Specialty Retail sub-industry.
- Comparable sales growth driven by Neighbors Club loyalty expansion
- New store openings accelerate in rural and suburban markets
- Margin pressure from inflation on livestock and feed costs
| Net Income: 977.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -6.39 > 1.0 |
| NWC/Revenue: 7.29% < 20% (prev 5.49%; Δ 1.80% < -1%) |
| CFO/TA 0.10 > 3% & CFO 1.21b > Net Income 977.3m |
| Net Debt (11.0b) to EBITDA (1.89b): 5.84 < 3 |
| Current Ratio: 1.38 > 1.5 & < 3 |
| Outstanding Shares: last quarter (521.5m) vs 12m ago -2.12% < -2% |
| Gross Margin: 31.47% > 18% (prev 35.67%; Δ -4.20% > 0.5%) |
| Asset Turnover: 137.9% > 50% (prev 141.6%; Δ -3.72% > 0%) |
| Interest Coverage Ratio: 18.89 > 6 (EBIT TTM 1.37b / Interest Expense TTM 72.5m) |
| A: 0.09 (Total Current Assets 4.23b - Total Current Liabilities 3.07b) / Total Assets 12.3b |
| B: 0.64 (Retained Earnings 7.89b / Total Assets 12.3b) |
| C: 0.12 (EBIT TTM 1.37b / Avg Total Assets 11.6b) |
| D: 0.28 (Book Value of Equity 2.66b / Total Liabilities 9.59b) |
| Altman-Z'' = 3.81 = AA |
| DSRI: 3.0 (Receivables 195.6m/27.0m, Revenue 15.9b/15.4b) |
| GMI: 1.13 (GM 35.67% / 31.47%) |
| AQI: 1.09 (AQ_t 0.05 / AQ_t-1 0.04) |
| SGI: 1.04 (Revenue 15.9b / 15.4b) |
| TATA: -0.02 (NI 977.3m - CFO 1.21b) / TA 12.3b) |
| Beneish M = -1.19 (Cap -4..+1) = D |
As of November 10, 2026, the stock is trading at USD 37.40 with a total of 8,600,672 shares traded. Over the past week, the price has changed by +5.92%, over one month by +10.98%, over three months by +8.78% and over the past year by -30.94%.
Current recommended Stop Loss: 34.20 (which is 8.6% or 2.2 ATR below the current price).
Tractor Supply has received a consensus analysts rating of 3.90. Therefore, it is recommended to buy TSCO.
- StrongBuy: 12
- Buy: 3
- Hold: 15
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 37.5 | 0.2% |
P/E Trailing = 19.543
P/E Forward = 17.7305
P/S = 1.1824
P/B = 7.0851
P/EG = 2.1109
Revenue TTM = 15.9b USD
EBIT TTM = 1.37b USD
EBITDA TTM = 1.89b USD
Long Term Debt = 2.23b USD (from longTermDebt, last quarter)
Short Term Debt = 479.1m USD (from shortTermDebt, last quarter)
Debt = 11.2b USD (from shortLongTermDebtTotal, last quarter) + Leases 4.49b
Net Debt = 11.0b USD (calculated: Debt 11.2b - CCE 198.9m)
Enterprise Value = 29.9b USD (18.9b + Debt 11.2b - CCE 198.9m)
Interest Coverage Ratio = 18.89 (Ebit TTM 1.37b / Interest Expense TTM 72.5m)
EV/FCF = 102.9x (Enterprise Value 29.9b / FCF TTM 290.3m)
FCF Yield = 0.97% (FCF TTM 290.3m / Enterprise Value 29.9b)
FCF Margin = 1.82% (FCF TTM 290.3m / Revenue TTM 15.9b)
Net Margin = 6.13% (Net Income TTM 977.3m / Revenue TTM 15.9b)
Gross Margin = 31.47% ((Revenue TTM 15.9b - Cost of Revenue TTM 10.9b) / Revenue TTM)
Gross Margin QoQ = 33.04% (prev 34.17%)
Tobins Q-Ratio = 2.44 (Enterprise Value 29.9b / Total Assets 12.3b)
Interest Expense / Debt = 0.65% (Interest Expense 72.5m / Debt 11.2b)
Taxrate = 20.77% (256.2m / 1.23b)
NOPAT = 1.08b (EBIT 1.37b * (1 - 20.77%))
Current Ratio = 1.38 (Total Current Assets 4.23b / Total Current Liabilities 3.07b)
Debt / Equity = 4.21 (Debt 11.2b / totalStockholderEquity, last quarter 2.66b)
Debt / EBITDA = 5.84 (Net Debt 11.0b / EBITDA 1.89b)
Debt / FCF = 37.94 (Net Debt 11.0b / FCF TTM 290.3m)
Total Stockholder Equity = 2.60b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.45% (Net Income 977.3m / Total Assets 12.3b)
RoE = 37.64% (Net Income TTM 977.3m / Total Stockholder Equity 2.60b)
RoCE = 28.36% (EBIT 1.37b / Capital Employed (Equity 2.60b + L.T.Debt 2.23b))
RoIC = 11.46% (NOPAT 1.08b / Invested Capital 9.46b)
WACC = 4.87% (E(18.9b)/V(30.1b) * Re(7.46%) + D(11.2b)/V(30.1b) * Rd(0.65%) * (1-Tc(0.21)))
Discount Rate = 7.46% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.79 | Cagr: -1.63%
[DCF] Terminal Value 73.10% ; FCFF base≈555.1m ; Y1≈486.8m ; Y5≈393.3m
[DCF] Fair Price = N/A (negative equity: EV 6.31b - Net Debt 11.0b = -4.70b; debt exceeds intrinsic value)
EPS Correlation: -44.08 | EPS CAGR: -0.73% | SUE: 1.70 | # QB: 1
Revenue Correlation: 98.82 | Revenue CAGR: 3.48% | SUE: 2.05 | # QB: 1
EPS current Quarter (2027-03-31): EPS=0.33 | Chg30d=+0.30% | Revisions=+17% | Analysts=10
EPS current Year (2026-12-31): EPS=1.88 | Chg30d=+3.87% | Revisions=+29% | GrowthEPS=-8.7% | GrowthRev=+3.5%
EPS next Year (2027-12-31): EPS=2.06 | Chg30d=+0.44% | Revisions=-7% | GrowthEPS=+9.3% | GrowthRev=+3.9%
[Analyst] Revisions Ratio: +10% (up=10, down=8)