TTM
32.0%
YoY change
−3.02pp
Trough year (1993)
25.7%
Peak year (2024)
36.3%
Latest annual
33.2%
Gross Margin history chart for Tractor Supply (TSCO) from 1993 to 2025
Latest: 33.2%
Gross Margin change chart for Tractor Supply (TSCO) from 1993 to 2025
Latest: −3.02pp
Gross Margin history table for Tractor Supply (TSCO) from 1993 to 2025
| 2025 | 33.2% | -3.02pp | ||
| 2024 | 36.3% | +0.34pp | ||
| 2023 | 35.9% | +0.91pp | ||
| 2022 | 35.0% | -0.16pp | ||
| 2021 | 35.2% | -0.25pp | ||
| 2020 | 35.4% | +1.03pp | ||
| 2019 | 34.4% | +0.22pp | ||
| 2018 | 34.2% | -0.18pp | ||
| 2017 | 34.3% | +0.04pp | ||
| 2016 | 34.3% | -0.12pp | ||
| 2015 | 34.4% | +0.27pp | ||
| 2014 | 34.1% | +0.19pp | ||
| 2013 | 34.0% | +0.38pp | ||
| 2012 | 33.6% | +0.34pp | ||
| 2011 | 33.2% | +0.15pp | ||
| 2010 | 33.1% | +0.81pp | ||
| 2009 | 32.3% | +1.94pp | ||
| 2008 | 30.3% | -1.22pp | ||
| 2007 | 31.5% | -0.16pp | ||
| 2006 | 31.7% | +0.78pp | ||
| 2005 | 30.9% | +0.75pp | ||
| 2004 | 30.2% | -0.30pp | ||
| 2003 | 30.5% | +2.20pp | ||
| 2002 | 28.3% | +1.41pp | ||
| 2001 | 26.9% | +0.47pp | ||
| 2000 | 26.4% | +0.05pp | ||
| 1999 | 26.3% | +0.59pp | ||
| 1998 | 25.8% | -0.10pp | ||
| 1997 | 25.8% | -0.12pp | ||
| 1996 | 26.0% | +0.26pp | ||
| 1995 | 25.7% | -1.02pp | ||
| 1994 | 26.7% | +1.05pp | ||
| 1993 | 25.7% | — |
- 202533.2%-3.02pp
- 202436.3%+0.34pp
- 202335.9%+0.91pp
- 202235.0%-0.16pp
- 202135.2%-0.25pp
- 202035.4%+1.03pp
- 201934.4%+0.22pp
- 201834.2%-0.18pp
- 201734.3%+0.04pp
- 201634.3%-0.12pp
- 201534.4%+0.27pp
- 201434.1%+0.19pp
- 201334.0%+0.38pp
- 201233.6%+0.34pp
- 201133.2%+0.15pp
- 201033.1%+0.81pp
- 200932.3%+1.94pp
- 200830.3%-1.22pp
- 200731.5%-0.16pp
- 200631.7%+0.78pp
- 200530.9%+0.75pp
- 200430.2%-0.30pp
- 200330.5%+2.20pp
- 200228.3%+1.41pp
- 200126.9%+0.47pp
- 200026.4%+0.05pp
- 199926.3%+0.59pp
- 199825.8%-0.10pp
- 199725.8%-0.12pp
- 199626.0%+0.26pp
- 199525.7%-1.02pp
- 199426.7%+1.05pp
- 199325.7%—
Gross Margin values are taken from Tractor Supply's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Tractor Supply (TSCO)
According to Tractor Supply's latest reported financial statements, the company's latest reported gross margin is 32.0%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual gross margin for Tractor Supply (TSCO) came in at 33.24% – contracted 3.0 percentage points year-over-year.
The highest annual gross margin of 36.26% was reported in 2024. The lowest in the available history was 25.68% in 1993.
Tractor Supply Gross Margin by Year
Tractor Supply Gross Margin 2025: 33.2%
Tractor Supply gross margin in 2025 was 33.24%, contracted 3.0 percentage points from 2024.
Tractor Supply Gross Margin 2024: 36.3%
2024's gross margin for Tractor Supply came in at 36.26%, expanded 0.3 percentage points from 2023. This figure represents the highest annual value in the available history.
Tractor Supply Gross Margin 2023: 35.9%
Tractor Supply posted gross margin of 35.92% in 2023, expanded 0.9 percentage points from 2022.
Tractor Supply Gross Margin 2022: 35.0%
In 2022, Tractor Supply reported gross margin of 35.00%, contracted 0.2 percentage points from 2021.
Tractor Supply Gross Margin 2021: 35.2%
Tractor Supply gross margin in 2021 was 35.17%.
See more financial history for Tractor Supply (TSCO).
Sector peers by Gross Margin
Consumer Cyclical peers of Tractor Supply (TSCO), ranked by their latest gross margin
| 100.0% | |
| 57.4% | |
| 56.0% | |
| 50.6% | |
| 39.8% | |
| 33.1% | |
| 31.4% | |
| 19.1% |
- 100.0%
- 57.4%
- 56.0%
- 50.6%
- 39.8%
- 33.1%
- 31.4%
- 19.1%
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