Tractor Supply Company (TSCO)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 5,069,450 | 5,032,880 | 5,106,460 | 5,174,870 | 5,228,220 | 5,298,780 | 5,214,120 | 5,002,250 | 4,888,850 | 4,645,810 | 4,565,300 | 4,549,880 | 4,477,150 | 4,352,100 | 4,214,747 | 4,084,077 | 3,761,546 | 3,507,817 | 3,254,100 | 2,918,035 |
| Revenue (ttm) | US$ in thousands | 14,883,220 | 14,769,530 | 14,713,270 | 14,651,350 | 14,555,740 | 14,902,280 | 14,761,100 | 14,479,810 | 14,204,720 | 13,517,620 | 13,264,750 | 12,962,900 | 12,731,110 | 12,290,090 | 11,878,730 | 11,453,500 | 10,620,350 | 9,933,870 | 9,311,440 | 8,488,890 |
| Gross profit margin | 34.06% | 34.08% | 34.71% | 35.32% | 35.92% | 35.56% | 35.32% | 34.55% | 34.42% | 34.37% | 34.42% | 35.10% | 35.17% | 35.41% | 35.48% | 35.66% | 35.42% | 35.31% | 34.95% | 34.37% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,069,450K ÷ $14,883,220K
= 34.06%
Tractor Supply Company's gross profit margin has shown fluctuation over the past few years, ranging from a low of 34.06% as of December 31, 2024, to a high of 35.92% as of December 31, 2023. Overall, the trend in the gross profit margin has been relatively stable, demonstrating resilience in maintaining profitability levels. It is noteworthy that there was a slight decrease in the gross profit margin from June 30, 2023, to September 30, 2023, followed by a subsequent increase by the end of the year. This indicates potential seasonal or operational factors impacting the company's profitability. Investors and stakeholders may monitor these fluctuations to assess the company's ability to manage costs and generate revenue effectively.
Peer comparison
Dec 31, 2024