Obermatt

Tractor Supply

NSQ:TSCO · US8923561067
Specialty RetailLarge

360

24
EV / EBIT39
Price / Owner Earnings30
Owner Earnings Yield37
Dividend Yield87
Price/Sales27
EV / Gross Profit52
Price/Book23
Return on Capital65
Cash Return on Capital53
Return on Equity85
EBIT Margin58
Gross Profitability60
Cash Conversion40
Accruals44
Owner Earnings Margin63
Sales growth61
Profit Growth85
Long-Term EPS Growth57
Owner Earnings Growth26
Reinvestment23
Price momentum12
Debt load38
Refinancing51
Debt Payback34
Liquidity82
Analyst ratings64
Opinion Changes50
Price Target Upside96
Market mood73
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Tractor Supply clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustrySpecialty Retail
SizeLarge
TypePublic Company
ExchangeNASDAQGS
Founded1982
Employees9,315
ISINUS8923561067
Last UpdateApr 2, 2026
Themes
Animal FeedLivestockLifestyleFast-Moving Consumer GoodsPet CareFarmingPet Food and SuppliesAgricultureRetailShopping

Description

Tractor Supply Company operates as a 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 the company refer…

Analysis

Middle-of-the-road

Tractor Supply Company sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 26.1×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 10% a year, against analyst forecasts of 9%. The price, in other words, assumes less than the experts do.

Growth is tepid; the safety picture is adequate. The company scores 12/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
59
2023202420252026

All-time high

69

Jan 2025

All-time low

41

Jan 2024

Average rank

57

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
27
17
15
10
Price/Earnings
44
17
27
5
Price/Book
23
9
7
8
Dividend Yield
87
72
76
70
Value (overall)
38
24
22
13

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

Similar Stocks

The companies this stock is ranked against.

Compare Tractor Supply with its peers
Arhaus
NSQ:ARHS
26
CountryUSA
IndustrySpecialty Retail
SizeMedium
Full Stock Analysis →
Brand House Collective
NSQ:TBHC
18
CountryUSA
IndustrySpecialty Retail
SizeSmall
Full Stock Analysis →
1-800-FLOWERS.COM
NSQ:FLWS
19
CountryUSA
IndustrySpecialty Retail
SizeMedium
Full Stock Analysis →
Academy Sports and Outdoors
NSQ:ASO
70
CountryUSA
IndustrySpecialty Retail
SizeLarge
Full Stock Analysis →
Lowe's
NYQ:LOW
43
CountryUSA
IndustrySpecialty Retail
SizeXX-Large
Full Stock Analysis →
Destination XL Group
NMQ:DXLG
27
CountryUSA
IndustrySpecialty Retail
SizeSmall
Full Stock Analysis →

Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →