Tractor Supply Company (TSCO)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,101,239 | 1,112,736 | 1,126,267 | 1,122,305 | 1,107,226 | 1,130,193 | 1,109,329 | 1,084,573 | 1,088,712 | 1,039,180 | 1,029,443 | 1,002,987 | 997,114 | 911,669 | 877,879 | 846,535 | 748,958 | 757,244 | 688,767 | 569,299 |
| 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 |
| Net profit margin | 7.40% | 7.53% | 7.65% | 7.66% | 7.61% | 7.58% | 7.52% | 7.49% | 7.66% | 7.69% | 7.76% | 7.74% | 7.83% | 7.42% | 7.39% | 7.39% | 7.05% | 7.62% | 7.40% | 6.71% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,101,239K ÷ $14,883,220K
= 7.40%
The net profit margin of Tractor Supply Company has shown a relatively stable trend over the reviewed periods, ranging from 6.71% to 7.83%. There was a slight uptick in the net profit margin from March 31, 2020, to December 31, 2021, before experiencing a slight decline by March 31, 2022. However, it then gradually increased again, peaking at 7.83% by December 31, 2021, before showing a slight decrease by the end of December 31, 2024. Overall, Tractor Supply Company has maintained a healthy level of net profit margin, indicating efficient cost management and consistent profitability throughout the analyzed periods.
Peer comparison
Dec 31, 2024