Tractor Supply Company (TSCO)
Return on total capital
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,467,389 | 1,488,007 | 1,469,897 | 1,453,543 | 1,467,531 | 1,483,417 | 1,499,723 | 1,497,597 | 1,478,912 | 1,503,887 | 1,469,394 | 1,435,097 | 1,434,943 | 1,368,787 | 1,359,600 | 1,320,448 | 1,306,698 | 1,198,111 | 1,153,063 | 1,114,926 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,581,290 | 2,573,180 | 2,490,310 | 2,238,540 | 2,270,330 | 2,288,760 | 2,305,330 | 2,124,010 | 2,149,760 | 2,111,130 | 2,087,150 | 1,914,550 | 2,042,420 | 1,941,140 | 1,913,870 | 1,790,020 | 2,002,660 | 2,020,750 | 1,980,110 | 1,852,300 |
| Return on total capital | 56.85% | 57.83% | 59.02% | 64.93% | 64.64% | 64.81% | 65.05% | 70.51% | 68.79% | 71.24% | 70.40% | 74.96% | 70.26% | 70.51% | 71.04% | 73.77% | 65.25% | 59.29% | 58.23% | 60.19% |
December 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,467,389K ÷ ($—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
8.24%
Sally Beauty Holdings Inc
SBH
38.04%