NASDAQ: TSCO
Tractor Supply Company
Consumer Cyclical · Specialty Retail
After hours: $35.10(+1.09%) · as of 7:59 PM ET
Market Cap
$18.21B
52w High
$62.26
52w Low
$28.36
P/E
18.00
Volume
8.33M
Outstanding Shares
524.45M
Performance
Return analysis
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 44.58% over the last year. Revenue grew 3.98% over the trailing twelve months. Operating margin moved from 9.7% to 8.91%. Free cash flow declined 62.57% over the trailing twelve months.
What the market seems to be pricing
The market is reacting to weaker business momentum more than just compressing the valuation multiple. Even if the shares already screen cheap on P/FCF, investors are still discounting lower future earnings power.
What would invalidate this read
Operating margin stands at 8.91%. Free cash flow fell 62.57% — a return toward positive territory would undermine the deterioration thesis. If margins and cash flow stabilize while the stock stays depressed, the gap shifts from fundamental damage toward pure multiple compression.
Company profile
Tractor Supply Company functions as a prominent retailer, catering to the rural lifestyle demographic throughout the United States.
Valuation
Stock splits
Every 1 shares became 5
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
24
Buy
25
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Oct 22, 2026
Q4 FY26 · EPS est $0.41 · Revenue est $3.8B
View
Dividends
$0.95/shareQuarterlyDividend Achiever · 15yrSafeTSCO pays a dividend with a 2.74% dividend yield, 15 consecutive years of growth, growing at 19.37% annually, covered 1.5× by free cash flow.
Dividend Yield
2.74%
Annual Div / Share
$0.95
5yr CAGR
+19.37%
Doubles every ~3.9yr
Payout Ratio
48.95%
Safe
Dividend Growth Rate
3yr CAGR
+5.81%
5yr CAGR
+19.37%
10yr CAGR
+18.36%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$2/mo
In 5 yrs
$4/mo
In 10 yrs
$7/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$27/yr $2/mo | $48/yr+76% $4/mo | $85/yr+211% $7/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 2.74% → 8.5% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
TSCO has raised its dividend for 15 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 1.5× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 19.37% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.