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Tractor Supply CoLTS:0REL +2.06%81 Debt-to-EBITDA is 2.74 as of Jun. 2026, which is 6% above its 10-year median of 2.59. GuruFocus rates LTS:0REL with a GF Score™ of 81/100 and a GF Value™ of €48.88 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 905 Retail - Cyclical companies, Tractor Supply Co ranks worse than 66.19% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Tractor Supply Co's Debt-to-EBITDA or its related term are showing as below:
LTS:0REL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.36 Med: 2.59 Max: 3.54
Current: 3.54
During the past 13 years, the highest Debt-to-EBITDA Ratio of Tractor Supply Co was 3.54. The lowest was 0.36. And the median was 2.59.
LTS:0REL's Debt-to-EBITDA is ranked worse than 66.19% of 905
companies
in the Retail - Cyclical industry
Industry Median: 2.39
vs LTS:0REL: 3.54
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Tractor Supply Co Debt-to-EBITDA Related Terms
Tractor Supply Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Tractor Supply Co's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LTS:0REL vs BBY, DKS, ULTA: Debt-to-EBITDA Comparison
For the Specialty Retail subindustry, Tractor Supply Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tractor Supply Co Debt-to-EBITDA vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tractor Supply Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tractor Supply Co's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Tractor Supply Co (LTS:0REL) has a Debt-to-EBITDA of 2.74 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Tractor Supply Co. This is near median its historical median of 2.59. Over the past decade, Tractor Supply Co's Debt-to-EBITDA has ranged from 0.36 to 3.54. According to the industry distribution chart, Tractor Supply Co ranks #599 out of 905 companies in the Retail - Cyclical industry, placing it in the top 66.2%.
Is Tractor Supply Co's Debt-to-EBITDA too high?
Tractor Supply Co's current Debt-to-EBITDA of 2.74 is near median its 10-year median of 2.59. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 3.54. The Retail - Cyclical industry median Debt-to-EBITDA is 2.39. Tractor Supply Co's value of 2.74 is 14.6% above this industry median. Based on the distribution chart, Tractor Supply Co ranks #599 out of 905 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Tractor Supply Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tractor Supply Co's Debt-to-EBITDA compare to BBY and DKS?
According to the Retail - Cyclical industry distribution chart, Tractor Supply Co ranks #599 out of 905 companies for Debt-to-EBITDA. This places Tractor Supply Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.39. Tractor Supply Co's value of 2.74 is 14.6% above this benchmark. Historically, Tractor Supply Co's own Debt-to-EBITDA has ranged from 0.36 to 3.54 over the past decade. While the company's 10-year median is 2.59 vs. the industry median of 2.39, Tractor Supply Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.39, based on 905 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tractor Supply Co's current Debt-to-EBITDA of 2.74 is 14.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Tractor Supply Co. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tractor Supply Co's current Debt-to-EBITDA is 2.74, which is near median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tractor Supply Co stock overvalued right now?
Based on GuruFocus' analysis, Tractor Supply Co (LTS:0REL) is currently considered Significantly Undervalued. The stock's GF Value™ is €48.88, compared to a current price of €26.54 — trading 45.7% below its estimated fair value. The current Debt-to-EBITDA is 2.74, which is near median its 10-year median of 2.59 and 14.6% above the Retail - Cyclical industry median of 2.39. Tractor Supply Co's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Tractor Supply Co (LTS:0REL), the current Debt-to-EBITDA is 2.74 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tractor Supply Co (LTS:0REL) Overvalued in 2026?
Based on GuruFocus' analysis, Tractor Supply Co stock appears to be undervalued.
The current stock price of €26.54 is trading 45.7% below its estimated GF Value™ of €48.88.
GuruFocus considers Tractor Supply Co to be Significantly Undervalued.
Key valuation signals for LTS:0REL:
Debt-to-EBITDA: 2.74 (near median its 10-year median of 2.59)
GF Value™: €48.88 vs. price of €26.54 (45.7% below fair value)
Industry Position: 14.6% above the Retail - Cyclical median (#599 of 905)
No single metric tells the full story. See the LTS:0REL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. As of March 2026, the company operated 2,435 of its namesake banners in 49 states, along with 206 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities rather than urban and suburban areas. In fiscal 2025, revenue consisted of livestock, equine & agriculture (around 27%); companion animal (24%); seasonal & recreation (around 24%); truck, tool, & hardware (15%); and clothing, gift, and décor (10%).
81GF Score
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