Tractor Supply
Market Cap
US$20.9b
Last Updated
2021/07/31 23:38 UTC
Data Sources
Company Financials +
Executive Summary
Tractor Supply Company operates as a rural lifestyle retailer in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record average dividend payer.
Similar Companies
Share Price & News
How has Tractor Supply's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TSCO is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: TSCO's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-3.6%
TSCO
-0.8%
US Specialty Retail
-0.5%
US Market
1 Year Return
26.8%
TSCO
63.1%
US Specialty Retail
35.9%
US Market
Return vs Industry: TSCO underperformed the US Specialty Retail industry which returned 65.7% over the past year.
Return vs Market: TSCO underperformed the US Market which returned 35.9% over the past year.
Shareholder returns
| TSCO | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.6% | -0.8% | -0.5% |
| 30 Day | -3.7% | -1.7% | 0.09% |
| 90 Day | -4.1% | -0.4% | 3.2% |
| 1 Year | 28.2%26.8% | 64.4%63.1% | 38.0%35.9% |
| 3 Year | 139.3%130.1% | 83.5%77.0% | 62.8%52.6% |
| 5 Year | 123.1%107.8% | 109.3%95.1% | 121.2%96.9% |
Long-Term Price Volatility Vs. Market
How volatile is Tractor Supply's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
If You Like EPS Growth Then Check Out Tractor Supply (NASDAQ:TSCO) Before It's Too Late2 weeks ago | Simply Wall St
Is Tractor Supply Company's (NASDAQ:TSCO) Recent Performance Tethered To Its Attractive Financial Prospects?1 month ago | Simply Wall St
Returns On Capital At Tractor Supply (NASDAQ:TSCO) Paint A Concerning PictureValuation
Is Tractor Supply undervalued compared to its fair value and its price relative to the market?
23.91x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TSCO ($180.93) is trading above our estimate of fair value ($128.45)
Significantly Below Fair Value: TSCO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TSCO is poor value based on its PE Ratio (23.9x) compared to the US Specialty Retail industry average (13.6x).
PE vs Market: TSCO is poor value based on its PE Ratio (23.9x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: TSCO is poor value based on its PEG Ratio (4.9x)
Price to Book Ratio
PB vs Industry: TSCO is overvalued based on its PB Ratio (10.5x) compared to the US Specialty Retail industry average (3.2x).
Future Growth
How is Tractor Supply forecast to perform in the next 1 to 3 years based on estimates from 28 analysts?
4.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TSCO's forecast earnings growth (4.9% per year) is above the savings rate (2%).
Earnings vs Market: TSCO's earnings (4.9% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: TSCO's earnings are forecast to grow, but not significantly.
Revenue vs Market: TSCO's revenue (5.4% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: TSCO's revenue (5.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TSCO's Return on Equity is forecast to be very high in 3 years time (49.3%).
Past Performance
How has Tractor Supply performed over the past 5 years?
15.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TSCO has high quality earnings.
Growing Profit Margin: TSCO's current net profit margins (7.4%) are lower than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: TSCO's earnings have grown by 15.4% per year over the past 5 years.
Accelerating Growth: TSCO's earnings growth over the past year (27.7%) exceeds its 5-year average (15.4% per year).
Earnings vs Industry: TSCO earnings growth over the past year (27.7%) underperformed the Specialty Retail industry 157.5%.
Return on Equity
High ROE: TSCO's Return on Equity (44.3%) is considered outstanding.
Financial Health
How is Tractor Supply's financial position?
Financial Position Analysis
Short Term Liabilities: TSCO's short term assets ($3.6B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: TSCO's short term assets ($3.6B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: TSCO's debt to equity ratio (49.8%) is considered high.
Reducing Debt: TSCO's debt to equity ratio has increased from 13.4% to 49.8% over the past 5 years.
Debt Coverage: TSCO's debt is well covered by operating cash flow (122.8%).
Interest Coverage: TSCO's interest payments on its debt are well covered by EBIT (46x coverage).
Balance Sheet
Dividend
What is Tractor Supply current dividend yield, its reliability and sustainability?
1.15%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TSCO's dividend (1.15%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: TSCO's dividend (1.15%) is low compared to the top 25% of dividend payers in the US market (3.54%).
Stability and Growth of Payments
Stable Dividend: TSCO's dividends per share have been stable in the past 10 years.
Growing Dividend: TSCO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.3%), TSCO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TSCO's dividends in 3 years are forecast to be well covered by earnings (28.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Hal Lawton (47 yo)
1.5yrs
Tenure
US$15,812,073
Compensation
Mr. Harry A. Lawton, III, also known as Hal, serves as President, Chief Executive Officer and Director of Tractor Supply Company since January 13, 2020. Mr. Lawton served as the President of Macy's, Inc. s...
CEO Compensation Analysis
Compensation vs Market: Hal's total compensation ($USD15.81M) is above average for companies of similar size in the US market ($USD11.17M).
Compensation vs Earnings: Insufficient data to compare Hal's compensation with company performance.
Leadership Team
Experienced Management: TSCO's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: TSCO's board of directors are considered experienced (4.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TSCO insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Tractor Supply Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tractor Supply Company
- Ticker: TSCO
- Exchange: NasdaqGS
- Founded: 1938
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: US$20.853b
- Shares outstanding: 115.26m
- Website: https://www.tractorsupply.com
Number of Employees
Location
- Tractor Supply Company
- 5401 Virginia Way
- Brentwood
- Tennessee
- 37027
- United States
Listings
Biography
Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/31 23:38 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2021/06/26 |
| Annual Earnings | 2020/12/26 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.