Tractor Supply annual debt-to-equity ratio
2009
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2025
Tractor Supply Debt-to-Equity Ratio Growth & History (TSCO)
Tractor Supply's debt-to-equity ratio was 2.30 for fiscal 2025.
View full Tractor Supply company overviewTractor Supply annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-27 | 2.30 | −0.09 | −3.64% |
| 2024 | 2024-12-28 | 2.39 | 0.05 | +1.99% |
| 2023 | 2023-12-30 | 2.34 | 0.25 | +12.07% |
| 2022 | 2022-12-31 | 2.09 | 0.13 | +6.81% |
| 2021 · Dec 25 | 2021-12-25 | 1.96 | 0.12 | +6.31% |
| 2020 | 2020-12-26 | 1.84 | 0.11 | +6.49% |
| 2019 | 2019-12-28 | 1.73 | 1.45 | +513.27% |
| 2018 | 2018-12-29 | 0.28 | −0.04 | −13.48% |
| 2017 | 2017-12-30 | 0.33 | 0.12 | +57.27% |
| 2016 | 2016-12-31 | 0.21 | 0.09 | +71.95% |
| 2015 | 2015-12-26 | 0.12 | 0.12 | +2914.58% |
| 2014 | 2014-12-27 | 0.00 | 0.00 | +301.25% |
| 2013 | 2013-12-28 | 0.00 | −0.00 | −20.24% |
| 2012 | 2012-12-29 | 0.00 | −0.00 | −4.39% |
| 2011 | 2011-12-31 | 0.00 | −0.00 | −13.36% |
| 2010 | 2010-12-25 | 0.00 | −0.00 | −34.70% |
| 2009 | 2009-12-26 | 0.00 | — | — |
Tractor Supply quarterly debt-to-equity ratio
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Q2.10
Q3.10
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Q1.11
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Q3.12
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Q2.25
Q3.25
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-27 | 2.49 | 0.26 | +11.45% |
| Q1 2026 | 2026-03-28 | 2.55 | −0.02 | −0.95% |
| Q4 2025 | 2025-12-27 | 2.30 | −0.09 | −3.64% |
| Q3 2025 | 2025-09-27 | 2.22 | −0.11 | −4.57% |
| Q2 2025 | 2025-06-28 | 2.23 | 0.01 | +0.35% |
| Q1 2025 | 2025-03-29 | 2.57 | 0.18 | +7.52% |
| Q4 2024 | 2024-12-28 | 2.39 | 0.05 | +1.99% |
| Q3 2024 | 2024-09-28 | 2.33 | −0.03 | −1.16% |
| Q2 2024 | 2024-06-29 | 2.22 | −0.10 | −4.18% |
| Q1 2024 | 2024-03-30 | 2.39 | −0.06 | −2.57% |
| Q4 2023 | 2023-12-30 | 2.34 | 0.25 | +12.07% |
| Q3 2023 | 2023-09-30 | 2.36 | — | — |
| Q2 2023 | 2023-07-01 | 2.32 | — | — |
| Q1 2023 | 2023-04-01 | 2.46 | 0.27 | +12.28% |
| Q4 2022 | 2022-12-31 | 2.09 | 0.13 | +6.81% |
| Q1 2022 | 2022-03-26 | 2.19 | 0.18 | +8.84% |
| Q4 2021 | 2021-12-25 | 1.96 | 0.12 | +6.31% |
| Q3 2021 | 2021-09-25 | 1.91 | 0.10 | +5.23% |
| Q2 2021 | 2021-06-26 | 1.93 | −0.04 | −1.82% |
| Q1 2021 | 2021-03-27 | 2.01 | −0.49 | −19.67% |
| Q4 2020 | 2020-12-26 | 1.84 | 0.11 | +6.49% |
| Q3 2020 | 2020-09-26 | 1.82 | −0.13 | −6.83% |
| Q2 2020 | 2020-06-27 | 1.96 | 0.21 | +11.75% |
| Q1 2020 | 2020-03-28 | 2.50 | 0.58 | +30.50% |
| Q4 2019 | 2019-12-28 | 1.73 | 1.45 | +513.27% |
| Q3 2019 | 2019-09-28 | 1.95 | 1.55 | +380.92% |
| Q2 2019 | 2019-06-29 | 1.76 | 1.35 | +328.83% |
| Q1 2019 | 2019-03-30 | 1.92 | 1.35 | +240.41% |
| Q4 2018 | 2018-12-29 | 0.28 | −0.04 | −13.48% |
| Q3 2018 | 2018-09-29 | 0.41 | 0.01 | +1.85% |
| Q2 2018 | 2018-06-30 | 0.41 | 0.05 | +15.32% |
| Q1 2018 | 2018-03-31 | 0.56 | 0.10 | +21.75% |
| Q4 2017 | 2017-12-30 | 0.33 | 0.12 | +57.27% |
| Q3 2017 | 2017-09-30 | 0.40 | 0.18 | +81.75% |
| Q2 2017 | 2017-07-01 | 0.36 | 0.21 | +143.77% |
| Q1 2017 | 2017-04-01 | 0.46 | 0.26 | +130.55% |
| Q4 2016 | 2016-12-31 | 0.21 | 0.09 | +71.95% |
| Q3 2016 | 2016-09-24 | 0.22 | 0.21 | +2499.29% |
| Q2 2016 | 2016-06-25 | 0.15 | 0.14 | +2116.29% |
| Q1 2016 | 2016-03-26 | 0.20 | 0.19 | +2767.76% |
| Q4 2015 | 2015-12-26 | 0.12 | 0.12 | +2914.58% |
| Q3 2015 | 2015-09-26 | 0.01 | 0.01 | +227.21% |
| Q2 2015 | 2015-06-27 | 0.01 | 0.00 | +159.77% |
| Q1 2015 | 2015-03-28 | 0.01 | — | — |
| Q4 2014 | 2014-12-27 | 0.00 | 0.00 | +301.25% |
| Q3 2014 | 2014-09-27 | 0.00 | 0.00 | +143.83% |
| Q2 2014 | 2014-06-28 | 0.00 | 0.00 | +129.13% |
| Q4 2013 | 2013-12-28 | 0.00 | −0.00 | −20.24% |
| Q3 2013 | 2013-09-28 | 0.00 | −0.00 | −13.55% |
| Q2 2013 | 2013-06-29 | 0.00 | — | — |
| Q4 2012 | 2012-12-29 | 0.00 | −0.00 | −4.39% |
| Q3 2012 | 2012-09-29 | 0.00 | −0.00 | −13.41% |
| Q1 2012 | 2012-03-31 | 0.00 | −0.00 | −16.93% |
| Q4 2011 | 2011-12-31 | 0.00 | −0.00 | −13.36% |
| Q3 2011 | 2011-09-24 | 0.00 | −0.00 | −15.66% |
| Q2 2011 | 2011-06-25 | 0.00 | −0.00 | −22.57% |
| Q1 2011 | 2011-03-26 | 0.00 | — | — |
| Q4 2010 | 2010-12-25 | 0.00 | −0.00 | −38.55% |
| Q3 2010 | 2010-09-25 | 0.00 | — | — |
| Q2 2010 | 2010-06-26 | 0.00 | — | — |
| Q4 2009 | 2009-12-26 | 0.00 | — | — |
Tractor Supply debt-to-equity ratio trends
Over the last five fiscal years, Tractor Supply's debt-to-equity ratio increased from 1.84 to 2.30, a change of 0.46. The latest reported quarter, Q2 2026, shows 2.49.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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