Tractor Supply CoTSCO +1.30%79 ROE % is 25.83% as of Mar. 2026, which is 41% below its 10-year median of 44.05. GuruFocus rates TSCO with a GF Score™ of 79/100 and a GF Value™ of $56.57 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,097 Retail - Cyclical companies, Tractor Supply Co ranks better than 93.98% on this metric.
The historical rank and industry rank for Tractor Supply Co's ROE % or its related term are showing as below:
TSCO'
s ROE % Range Over the Past 10 Years
Min: 29.43 Med: 44.05 Max: 53.83
Current: 43.61
During the past 13 years, Tractor Supply Co's highest ROE % was 53.83%. The lowest was 29.43%. And the median was 44.05%.
TSCO's ROE % is ranked better than 93.98% of 1097
companies
in the Retail - Cyclical industry
Industry Median: 6.46
vs TSCO: 43.61
Tractor Supply Co (NAS:TSCO) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Tractor Supply Co ROE % Related Terms
Tractor Supply Co ROE % Historical Data
* Premium members only.
The historical data trend for Tractor Supply Co's ROE % 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.
For the Specialty Retail subindustry, Tractor Supply Co's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tractor Supply Co's ROE % distribution charts can be found below:
* The bar in red indicates where Tractor Supply Co's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Tractor Supply Co (TSCO) has a ROE % of 25.83% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tractor Supply Co and its competitors. This is 41% below median its historical median of 44.05. Over the past decade, Tractor Supply Co's ROE % has ranged from 29.43 to 53.83. According to the industry distribution chart, Tractor Supply Co ranks #66 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 6%.
Is Tractor Supply Co's ROE % too high?
Tractor Supply Co's current ROE % of 25.83% is 41% below median its 10-year median of 44.05. Over the past 10 years, this metric has ranged from a low of 29.43 to a high of 53.83. The Retail - Cyclical industry median ROE % is 6.46. Tractor Supply Co's value of 25.83% is 299.8% above this industry median. Based on the distribution chart, Tractor Supply Co ranks #66 out of 1097 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position 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 ROE % compare to BBY and DKS?
According to the Retail - Cyclical industry distribution chart, Tractor Supply Co ranks #66 out of 1097 companies for ROE %. This places Tractor Supply Co in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 6.46. Tractor Supply Co's value of 25.83% is 299.8% above this benchmark. Historically, Tractor Supply Co's own ROE % has ranged from 29.43 to 53.83 over the past decade. While the company's 10-year median is 44.05 vs. the industry median of 6.46, 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 ROE % for a Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.46, based on 1,097 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tractor Supply Co's current ROE % of 25.83% is 299.8% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tractor Supply Co and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tractor Supply Co's current ROE % is 25.83%, which is 41% below median its own 10-year median of 44.05. 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 $56.57, compared to a current price of $30.06 — trading 46.9% below its estimated fair value. The current ROE % is 25.83%, which is 41% below median its 10-year median of 44.05 and 299.8% above the Retail - Cyclical industry median of 6.46. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Tractor Supply Co (TSCO), the current ROE % is 25.83% 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 $30.06 is trading 46.9% below its estimated GF Value™ of $56.57.
GuruFocus considers Tractor Supply Co to be Significantly Undervalued.
Key valuation signals for TSCO:
ROE %: 25.83% (41% below median its 10-year median of 44.05)
GF Value™: $56.57 vs. price of $30.06 (46.9% below fair value)
Industry Position: 299.8% above the Retail - Cyclical median (#66 of 1097)
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 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
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