Tractor Supply Co (LTS:0REL) Tax Rate %: 23.24% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

LTS:0REL Tractor Supply Co LTS:0REL
81 GF Score
Price €26.94
GF Value €49.16
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Tractor Supply Co Tax Rate %?

Tractor Supply Co LTS:0REL +4.10% 81 Tax Rate % is 23.24% as of Mar. 2026. GuruFocus rates LTS:0REL with a GF Score™ of 81/100 and a GF Value™ of €49.16 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tractor Supply Co's Tax Expense for the three months ended in Mar. 2026 was €43 Mil. Tractor Supply Co's Pre-Tax Income for the three months ended in Mar. 2026 was €185 Mil. Therefore, Tractor Supply Co's Tax Rate % for the quarter that ended in Mar. 2026 was 23.24%.

Tractor Supply Co Tax Rate % Related Terms

Tractor Supply Co Tax Rate % Historical Data

* Premium members only.

The historical data trend for Tractor Supply Co's Tax Rate % 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 Tax Rate % Chart

Tractor Supply Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.11 22.47 22.70 22.06 21.61

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
Tax Rate % 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 21.84 23.18 20.96 19.04 23.24
LTS:0REL
81GF Score
Tractor Supply Co LTS:0REL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tractor Supply Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Tractor Supply Co's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=258.043/1194.101
=21.61 %

Tractor Supply Co's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=43.076/185.389
=23.24 %

* 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 Tax Rate % →
What does a Tax Rate % of 23.24% mean?
Tractor Supply Co (LTS:0REL) has a Tax Rate % of 23.24% as of Mar. 2026.
Is Tractor Supply Co's Tax Rate % too high?
Tractor Supply Co's current Tax Rate % is 23.24%. 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 Tax Rate % compare to BBY and ULTA?
Tractor Supply Co's Tax Rate % of 23.24% can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Retail - Cyclical company?
A good Tax Rate % depends on the Retail - Cyclical industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Tractor Supply Co's current Tax Rate % is 23.24%. 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 €49.16, compared to a current price of €26.94 — trading 45.2% below its estimated fair value. The current Tax Rate % is 23.24%. Tractor Supply Co's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Tractor Supply Co (LTS:0REL), the current Tax Rate % is 23.24% 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 (LTS:0REL) Overvalued in 2026?

Based on GuruFocus' analysis, Tractor Supply Co stock appears to be undervalued. The current stock price of €26.94 is trading 45.2% below its estimated GF Value™ of €49.16. GuruFocus considers Tractor Supply Co to be Significantly Undervalued.

Key valuation signals for LTS:0REL:

  • Tax Rate %: 23.24%
  • GF Value™: €49.16 vs. price of €26.94 (45.2% below fair value)
  • GF Score™: 81/100 with 4 warning signs

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 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%).
81GF Score

Get the complete analysis for LTS:0REL

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€26.94
Price
€49.16
GF Value