Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tractor Supply CoLTS:0REL -0.71%79 Equity-to-Asset is 0.22 as of Jun. 2026, which is 12% below its 10-year median of 0.25. GuruFocus rates LTS:0REL with a GF Score™ of 79/100 and a GF Value™ of €48.89 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,132 Retail - Cyclical companies, Tractor Supply Co ranks worse than 82.07% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tractor Supply Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €2,284 Mil. Tractor Supply Co's Total Assets for the quarter that ended in Jun. 2026 was €10,556 Mil.
Therefore, Tractor Supply Co's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.22.
The historical rank and industry rank for Tractor Supply Co's Equity-to-Asset or its related term are showing as below:
LTS:0REL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.25 Max: 0.56
Current: 0.22
During the past 13 years, the highest Equity to Asset Ratio of Tractor Supply Co was 0.56. The lowest was 0.22. And the median was 0.25.
LTS:0REL's Equity-to-Asset is ranked worse than 82.07% of 1132
companies
in the Retail - Cyclical industry
Industry Median: 0.44
vs LTS:0REL: 0.22
Tractor Supply Co (LTS:0REL) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Tractor Supply Co Equity-to-Asset Related Terms
Tractor Supply Co Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Tractor Supply Co's Equity-to-Asset 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, ULTA, FIVE: Equity-to-Asset Comparison
For the Specialty Retail subindustry, Tractor Supply Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tractor Supply Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tractor Supply Co's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Tractor Supply Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Tractor Supply Co (LTS:0REL) has a Equity-to-Asset of 0.22 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tractor Supply Co and its competitors. This is 12% below median its historical median of 0.25. Over the past decade, Tractor Supply Co's Equity-to-Asset has ranged from 0.22 to 0.56. According to the industry distribution chart, Tractor Supply Co ranks #929 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 82.1%.
Is Tractor Supply Co's Equity-to-Asset too high?
Tractor Supply Co's current Equity-to-Asset of 0.22 is 12% below median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.56. The Retail - Cyclical industry median Equity-to-Asset is 0.44. Tractor Supply Co's value of 0.22 is 50% below this industry median. Based on the distribution chart, Tractor Supply Co ranks #929 out of 1132 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Tractor Supply Co has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tractor Supply Co's Equity-to-Asset compare to BBY and ULTA?
According to the Retail - Cyclical industry distribution chart, Tractor Supply Co ranks #929 out of 1132 companies for Equity-to-Asset. This places Tractor Supply Co in the lower half of its industry. The industry median Equity-to-Asset is 0.44. Tractor Supply Co's value of 0.22 is 50% below this benchmark. Historically, Tractor Supply Co's own Equity-to-Asset has ranged from 0.22 to 0.56 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.44, Tractor Supply Co has consistently been below 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 Equity-to-Asset for a Retail - Cyclical company?
The median Equity-to-Asset among Retail - Cyclical companies is 0.44, based on 1,132 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tractor Supply Co's current Equity-to-Asset of 0.22 is 50% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tractor Supply Co and its competitors. For the Retail - Cyclical industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tractor Supply Co's current Equity-to-Asset is 0.22, which is 12% below median its own 10-year median of 0.25. 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 €48.89, compared to a current price of €29.96 — trading 38.7% below its estimated fair value. The current Equity-to-Asset is 0.22, which is 12% below median its 10-year median of 0.25 and 50% below the Retail - Cyclical industry median of 0.44. Tractor Supply Co's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Tractor Supply Co (LTS:0REL), the current Equity-to-Asset is 0.22 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 €29.96 is trading 38.7% below its estimated GF Value™ of €48.89.
GuruFocus considers Tractor Supply Co to be Significantly Undervalued.
Key valuation signals for LTS:0REL:
Equity-to-Asset: 0.22 (12% below median its 10-year median of 0.25)
GF Value™: €48.89 vs. price of €29.96 (38.7% below fair value)
Industry Position: 50% below the Retail - Cyclical median (#929 of 1132)
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%).
79GF Score
Get the complete analysis for LTS:0REL
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0REL has been successfully added to your 
