TRACTOR SUPPLY CO /DE/ (TSCO) Return on equity 2017–2025
TRACTOR SUPPLY CO /DE/ (TSCO) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
42.5%FY2025 · since FY2017: 29.8% → 42.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 42.5% | -6.0 pp |
| FY2024 | 48.5% | -3.0 pp |
| FY2023 | 51.5% | -1.8 pp |
| FY2022 | 53.3% | +3.5 pp |
| FY2021 | 49.8% | +10.9 pp |
| FY2020 | 38.9% | +3.0 pp |
| FY2019 | 35.9% | +1.8 pp |
| FY2018 | 34.1% | +4.3 pp |
| FY2017 | 29.8% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice