Tractor Supply Company (TSCO)
Return on total capital
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,467,390 | 1,467,530 | 1,478,910 | 1,434,940 | 1,306,700 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,581,290 | 2,270,330 | 2,149,760 | 2,042,420 | 2,002,660 |
| Return on total capital | 56.85% | 64.64% | 68.79% | 70.26% | 65.25% |
December 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,467,390K ÷ ($—K + $2,581,290K)
= 56.85%
Peer comparison
Dec 31, 2025
Company name
Symbol
Return on total capital
Tractor Supply Company
TSCO
56.85%
MarineMax Inc
HZO
3.63%
Sally Beauty Holdings Inc
SBH
111.42%