TSCO (Tractor Supply Co) Dividend Payout Ratio: 0.77 (As of Mar. 2026) — 148% Above Median


TSCO Tractor Supply Co TSCO
79 GF Score
Price $31.39
GF Value $56.58
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Tractor Supply Co Dividend Payout Ratio?

Tractor Supply Co TSCO +0.59% 79 Dividend Payout Ratio is 0.77 as of Mar. 2026, which is 148% above its 10-year median of 0.31. GuruFocus rates TSCO with a GF Score™ of 79/100 and a GF Value™ of $56.58 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 512 Retail - Cyclical companies, Tractor Supply Co ranks worse than 55.66% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Tractor Supply Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.77.

The historical rank and industry rank for Tractor Supply Co's Dividend Payout Ratio or its related term are showing as below:

TSCO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.31   Max: 0.46
Current: 0.46

During the past 13 years, the highest Dividend Payout Ratio of Tractor Supply Co was 0.46. The lowest was 0.22. And the median was 0.31.

TSCO's Dividend Payout Ratio is ranked worse than
55.66% of 512 companies
in the Retail - Cyclical industry
Industry Median: 0.41 vs TSCO: 0.46

As of today (2026-06-30), the Dividend Yield % of Tractor Supply Co is 2.99%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tractor Supply Co was 3.12%. The lowest was 0.84%. And the median was 1.47%.

Tractor Supply Co's Dividends per Share for the months ended in Mar. 2026 was $0.24.

During the past 12 months, Tractor Supply Co's average Dividends Per Share Growth Rate was 4.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 22.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tractor Supply Co was 51.80% per year. The lowest was 7.70% per year. And the median was 23.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Tractor Supply Co (NAS:TSCO) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Tractor Supply Co Dividend Payout Ratio Related Terms

Tractor Supply Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Tractor Supply Co's Dividend Payout Ratio 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.

Tractor Supply Co Dividend Payout Ratio Chart

Tractor Supply Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.38 0.41 0.43 0.45

Tractor Supply Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.28 0.47 0.54 0.77

TSCO vs BBY, ULTA, DKS: Dividend Payout Ratio Comparison

For the Specialty Retail subindustry, Tractor Supply Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tractor Supply Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tractor Supply Co's Dividend Payout Ratio falls into.


TSCO
79GF Score
Tractor Supply Co TSCO
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tractor Supply Co Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Tractor Supply Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.92/ 2.06
=0.45

Tractor Supply Co's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.24/ 0.31
=0.77

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.77 mean?
Tractor Supply Co (TSCO) has a Dividend Payout Ratio of 0.77 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tractor Supply Co and its competitors. This is 148% above median its historical median of 0.31. Over the past decade, Tractor Supply Co's Dividend Payout Ratio has ranged from 0.22 to 0.46. According to the industry distribution chart, Tractor Supply Co ranks #285 out of 512 companies in the Retail - Cyclical industry, placing it in the top 55.7%.
Is Tractor Supply Co's Dividend Payout Ratio too high?
Tractor Supply Co's current Dividend Payout Ratio of 0.77 is 148% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.46. The Retail - Cyclical industry median Dividend Payout Ratio is 0.41. Tractor Supply Co's value of 0.77 is 87.8% above this industry median. Based on the distribution chart, Tractor Supply Co ranks #285 out of 512 companies in the Retail - Cyclical industry, which is below the industry midpoint. 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 Dividend Payout Ratio compare to BBY and ULTA?
According to the Retail - Cyclical industry distribution chart, Tractor Supply Co ranks #285 out of 512 companies for Dividend Payout Ratio. This places Tractor Supply Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. Tractor Supply Co's value of 0.77 is 87.8% above this benchmark. Historically, Tractor Supply Co's own Dividend Payout Ratio has ranged from 0.22 to 0.46 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.41, 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 Dividend Payout Ratio for a Retail - Cyclical company?
The median Dividend Payout Ratio among Retail - Cyclical companies is 0.41, based on 512 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tractor Supply Co's current Dividend Payout Ratio of 0.77 is 87.8% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tractor Supply Co and its competitors. For the Retail - Cyclical industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tractor Supply Co's current Dividend Payout Ratio is 0.77, which is 148% above median its own 10-year median of 0.31. 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 (TSCO) is currently considered Significantly Undervalued. The stock's GF Value™ is $56.58, compared to a current price of $31.39 — trading 44.5% below its estimated fair value. The current Dividend Payout Ratio is 0.77, which is 148% above median its 10-year median of 0.31 and 87.8% above the Retail - Cyclical industry median of 0.41. Tractor Supply Co's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Tractor Supply Co (TSCO), the current Dividend Payout Ratio is 0.77 as of Mar. 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 (TSCO) Overvalued in 2026?

Based on GuruFocus' analysis, Tractor Supply Co stock appears to be undervalued. The current stock price of $31.39 is trading 44.5% below its estimated GF Value™ of $56.58. GuruFocus considers Tractor Supply Co to be Significantly Undervalued.

Key valuation signals for TSCO:

  • Dividend Payout Ratio: 0.77 (148% above median its 10-year median of 0.31)
  • GF Value™: $56.58 vs. price of $31.39 (44.5% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 87.8% above the Retail - Cyclical median (#285 of 512)

No single metric tells the full story. See the TSCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tractor Supply Co Business Description

Address 5401 Virginia Way, Brentwood, TN, USA, 37027
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 TSCO

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.39
Price
$56.58
GF Value