Tractor Supply Company (TSCO)
Financial leverage ratio
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 10,933,700 | 9,805,480 | 9,188,150 | 8,489,990 | 7,767,470 |
| Total stockholders’ equity | US$ in thousands | 2,581,290 | 2,270,330 | 2,149,760 | 2,042,420 | 2,002,660 |
| Financial leverage ratio | 4.24 | 4.32 | 4.27 | 4.16 | 3.88 |
December 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $10,933,700K ÷ $2,581,290K
= 4.24
Peer comparison
Dec 31, 2025
Company name
Symbol
Financial leverage ratio
Tractor Supply Company
TSCO
4.24
MarineMax Inc
HZO
2.64
Sally Beauty Holdings Inc
SBH
7.40