Tractor Supply's fundamental outlook is increasingly defined by decelerating growth and structural margin strain, with quarterly revenue growth easing to 5.1% in 2026Q3 from a 7.2% peak in 2025Q3 and diluted EPS declining 12.2% year-over-year to $0.43.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has decelerated to 5.1% in 2026Q3 while gross margin fell ~440 bps year-over-year to 33.0% and SG&A growth of 6.7% outpaced the top line, driving operating margin down to 7.9% from 9.2% and diluted EPS down 12.2%.
Tractor Supply Company is the largest rural lifestyle retailer in the United States, operating over 2,200 stores across 49 states.
The company's stock has appreciated about 7.96% since coverage began, with fundamentals remaining solid.
Tractor Supply Co. offers farm supplies, pet and animal feed, clothing, tools, fencing, and more, catering to a wide range of rural lifestyle needs.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 22, 2026 | $0.43+5.3% vs $0.41 | $3.9B+2.3% vs $3.8B |
Q3 2026 Jul 23, 2026 | $0.81-1.0% vs $0.82 | $4.5B-0.8% vs $4.6B |
Q2 2026 Apr 21, 2026 | $0.31-9.2% vs $0.34 | $3.6B-1.1% vs $3.6B |
Q1 2026 Jan 29, 2026 | $0.43-7.0% vs $0.46 | $3.9B-2.3% vs $4.0B |
Tractor Supply remains a buy, driven by pet business recovery, digital growth, delivery traction, and cost-saving initiatives. TSCO's pet segment is rebounding through the Freshpet rollout, increased cat product focus, and integration of veterinary and pharmacy services. Digital sales grew 16%, and in-house delivery is capturing larger, higher-value orders, supporting top-line momentum.
Five consumer companies, five dividend checks, and five projects that will matter more in 2031 than they do today.
Tractor Supply Company reported better-than-expected Q3 results, sending the stock up. TSCO only beat very cautious expectations. Behind fair total revenue growth, TSCO's performance in existing stores was very subdued. Fuel prices that have risen again and other macroeconomic pressures continue to cloud TSCO's outlook.
Tractor Supply reinvested 40% of $100 million in tariff refunds into prices. Management targeted $75 million in annual cost cuts over two years.
Benchmark TSCO against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Tractor Supply Company (TSCO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $36.35 | $19.06B | 19.40 | 4.31% | 6.13% | 37.64% | 2.52% | |
| $130.96 | $3.97B | 15.75 | 17.93% | 10.45% | 18.94% | — | |
| $89.89 | $74.49B | 26.94 | 6.42% | 14.27% | — | — | |
| $687.64 | $25.49B | 33.05 | 10.16% | 4.14% | 19.68% | 0.32% | |
| $265.23 | $952.75M | 23.61 | 5.86% | 45.11% | — | 1.37% | |
| $22.56 | $9.34B | 33.80 | 6.24% | 2.09% | 62.13% | — |
Tractor Supply Company (TSCO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Tractor Supply Company (TSCO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 22, 2026·SEC
Aug 7, 2026·SEC
Aug 6, 2026·SEC
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Tractor Supply Company (TSCO) stock FAQ — growth, dividends, profitability & financials explained
Tractor Supply Company (TSCO) reported $15.94B in revenue over the trailing twelve months. Revenue was $15.52B in fiscal year 2025. That is 3357% more than the $449.0M of fiscal year 1996.
Tractor Supply Company (TSCO) grew revenue by 3.5% over the trailing twelve months, compared with the twelve months before.
Yes. Tractor Supply Company (TSCO) earned $977.3M in net income over the trailing twelve months (a 6.1% net margin).
Yes. Tractor Supply Company (TSCO) pays a dividend that yields 2.52% at the current price, a moderate yield.
Tractor Supply Company (TSCO) had a return on equity (ROE) of 37.6% over the trailing twelve months. That is well above the market's typical 10-15%.
Tractor Supply Company (TSCO) generated $290.3M in free cash flow over the trailing twelve months.
