Tractor Supply Company (TSCO)

Operating return on assets (Operating ROA)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 1,467,390 1,467,530 1,478,910 1,434,940 1,306,700
Total assets US$ in thousands 10,933,700 9,805,480 9,188,150 8,489,990 7,767,470
Operating ROA 13.42% 14.97% 16.10% 16.90% 16.82%

December 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $1,467,390K ÷ $10,933,700K
= 13.42%


Peer comparison

Dec 31, 2025

Company name
Symbol
Operating ROA
Tractor Supply Company
TSCO
13.42%
MarineMax Inc
HZO
4.17%
Sally Beauty Holdings Inc
SBH
15.05%