TSCO Tractor Supply Company - Common Stock
About Tractor Supply Company - Common Stock Company overview from Wikipedia
Tractor Supply Company, founded in 1938, is an American chain store that sells home improvement, agriculture, lawn and garden maintenance, livestock, equine and pet care equipment and supplies. It caters to farmers, ranchers, pet owners, and landowners. As of 2026, the company had 2,446 stores. It is based in Brentwood, Tennessee. It is publicly traded on the Nasdaq under the symbol TSCO and is a Fortune 500 company.
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Tractor Supply Company (also known as TSCO or TSC), founded in 1938, is an American chain store that sells home improvement, agriculture, lawn and garden maintenance, livestock, equine and pet care equipment and supplies. It caters to farmers, ranchers, pet owners, and landowners. As of 2026, the company had 2,446 stores. It is based in Brentwood, Tennessee. It is publicly traded on the Nasdaq under the symbol TSCO and is a Fortune 500 company.
History
In 1938, Charles Schmidt founded Tractor Supply Company in Chicago as a mail-order business that sold tractor parts. The first retail store was founded in 1939 in Minot, North Dakota. From 1941 to 1946, the company opened stores in Nebraska, Minnesota and Iowa.
On January 14, 1959, Tractor Supply became publicly traded on the over-the-counter market and reached $10 million in sales. The company was later traded on the New York Stock Exchange.
In 1967, TSC opened its first international stores in Canada. Two years later, Schmidt sold his controlling interest in the company to National Industries. This and other factors, such as changing executive leadership and adding inventory that strayed from its traditional categories, led to a few years of losses for the company.
From that point onward, the Canadian stores were now completely separate from the US Tractor Supply Company and were 100% Canadian-owned. The licensing agreement allowed them to keep using TSC, but not "Tractor Supply Company."
In 1979, the company moved to Nashville, Tennessee.
In 1982, Tractor Supply put ownership of the company back in the hands of executives and returned to their farm-store niche, resulting in a break-even year. The company was re-incorporated in Delaware the same year.
On February 17, 1994, the company's stock was listed on the Nasdaq under the symbol TSCO.
Tractor Supply expanded to serve hobbyist farmers, such as families living in the suburbs with an interest in gardening and livestock. In 2002, the company earned $1.21 billion.
Two years later in 2004, the company reported revenues of more than $1.7 billion and Fortune magazine named Tractor Supply to its list of the 100 fastest growing businesses. That year, Tractor Supply moved its headquarters to Brentwood, Tennessee. Jim Wright served as the CEO from 2004 to 2013. He was replaced by Gregory Sandfort.
In 2014, Tractor Supply made it on the Fortune 500 list. On March 31, 2018, the company opened its 1700th store. On September 4, 2018, the company celebrated its 80th anniversary by ringing the closing bell at the NASDAQ Stock Exchange in New York.
TSC's 1,900th store opened in September 2020. By December, the company had 1,923 stores in 49 states. By October 2021, there were 1,967 stores in 49 states. Hal Lawton became CEO in 2020. That year, the company received a Great Place to Work certification.
During the COVID-19 pandemic, Tractor Supply was deemed an essential business and remained open. The company saw revenue grow 27 percent as more people turned to gardening and pet and livestock ownership. That year, it also established the Tractor Supply Company Foundation.
In 2021, Tractor Supply reached #291 on the Fortune 500 list and had over 20 million members in its loyalty program, Neighbor's Club. TSC is the largest retail ranch and farm store operator in the U.S.
On Oct 11, 2022, Tractor Supply received clearance from the FTC to close on its acquisition of Orscheln Farm & Home. In order to mitigate federal anti-trust concerns, Tractor Supply sold 73 Orscheln stores and the Orscheln distribution center in Moberly, Missouri, to Bomgaars; 12 stores were sold to Missouri-based farm store chain Buchheit.
As of late 2024, Tractor Supply had 2,216 locations with a target of 3,000. The target number of locations increased by 200 from the previous year.
In September 2025, Tractor Supply agreed to a $1.35 million settlement with the California Privacy Protection Agency over alleged violations of the California Consumer Privacy Act related to privacy notices, service-provider contracts, and opt-out mechanisms.
Products
Tractor Supply carries between 15,500 and 20,000 products in store, including work and recreational clothing, lawn and garden tools, home goods, fencing, truck beds, chicken coops, pet food, and feed for farm animals. Around 15 percent of in-store products are unique to each store's region. Online, the company offers thirteen product categories and sells between 125,000 and 150,000 products.
In 2020, the livestock and pet products category accounted for 47 percent of the company's sales. Two categories tied for second-highest sales with 21 percent each: hardware, tools, truck and towing products; and seasonal products such as lawn and garden equipment, gifts, and toys. They were followed by clothing and footwear with 7 percent and agricultural products with 4 percent of sales. Tractor Supply's exclusive brands represented 29 percent of their total sales in 2021.
Store brands
Tractor Supply's store brands include:
Operations and corporate affairs
Management
Hal Lawton
As of 2024, Hal Lawton is president and chief executive officer of Tractor Supply Company. He is also a member of the firm's board. Lawton started his career in a paper mill in rural North Carolina. In 2000, he joined McKinsey & Co. and was an associate principal until 2005. From 2005 to 2015, Lawton held different positions at The Home Depot. From August 2015 to September 2017, Lawton was the SVP of eBay North America. From September 2017 to December 2019, he served as the president for Macy's.
Marketing
Tractor Supply's mission statement is: "To work hard, have fun and make money by providing legendary service and great products at everyday low prices." In the mid-2000s, Tractor Supply conducted advertising campaigns featuring the slogan "The Stuff You Need Out Here." The company's tagline later became “For Life Out Here.”
From 1998 to 2002, George Strait was the spokesman for Tractor Supply.
In 2020, Tractor Supply was a sponsor of the NBA. In 2021, the company became a corporate sponsor of PBR.
In 2024, Tractor Supply extended its contract with Yellowstone star Lainey Wilson to serve as a brand ambassador for the company. In 2023, Wilson served as the curator for the firm's Emerging Artist Program that supports country music talent.
Acquisitions and subsidiaries
In 2002, Tractor Supply was part of a group (also including four liquidation firms) that purchased some of the leases of the bankrupt Quality Stores, a Michigan-based company. The company operated over 300 stores in 30 states under the names CT Farm & Country; Country General; Quality Farm & Fleet; County Post; Central Farm and Fleet, and FISCO.
In September 2016, Tractor Supply acquired Petsense, a small-box specialty retailer of pet supplies primarily located in small and mid-size communities.
In February 2021, the company announced that it would acquire Orscheln Farm & Home for $297 million. The acquisition was approved by the Federal Trade Commission in October 2022 on the condition that 85 of the locations to be acquired would be divested. Tractor Supply sold 73 stores to Bomgaars Supply and 12 stores to Burcheit Enterprises. Tractor Supply received about $72 million in consideration for these locations.
Tractor Supply also owns Del's Feed & Farm Supply, a former farm retail chain in the Pacific Northwest and Hawaii, with all but two Del's stores having been converted into Tractor Supply stores.
Philanthropy
The company has been a sponsor for 4-H since 2010. In the fall of 2021, Tractor Supply raised $1.3 million for 4-H members through their Paper Clover campaign. In 2016, the company started its Grants for Growing program to raise money for FFA students. In 2021, the company raised $790,269.
In 2019, Tractor Supply started working with the MuttNation Foundation, a nonprofit founded by Miranda Lambert that helps shelter pets. The foundation is supported by proceeds from MuttNation's line of pet products sold by Tractor Supply.
In 2020, Tractor Supply joined Land O'Lakes, Microsoft and others in the American Connection Project to support rural broadband access.
Tractor Supply has been a backer of Future Farmers of America (FFA) since 1985. As of 2024, the company has given $24 million to support the FFA. In 2022, Tractor Supply announced that it would spend $5 million over the next five years to support the FFA Future Leaders Scholarship. As of late 2024, about 300 students have received such scholarships for use at colleges and trade schools.
As of late 2023, Tractor Supply had a partnership with the Make-A-Wish Foundation. The company has collaborated with the foundation on at least 12 wishes within Tennessee.
As of 2024, Tractor Supply supports service members, veterans, and first responders through its "Hometown Heroes" program. The program provides several perks to these groups. As a part of this program, the company donated $1 million split evenly among ten groups. The National Law Enforcement Officers Memorial Fund and The Bob Woodruff Foundation both received such donations.
Conservation initiatives
In 2017, all TSC stores were outfitted with LED lighting. In 2021, the company was named to Investor Business Daily's 100 Best ESG Companies. In December 2021, the company joined the U.S. Environmental Protection Agency’s Green Power Partnership.
Withdrawal of DEI, LGBTQ, and carbon emissions initiatives
On June 27, 2024, TSC issued a statement that they were abandoning a range of LGBTQ, DEI, and environmental initiatives. TSC said it would stop submitting data to Human Rights Campaign and would no longer sponsor pride festivals. It eliminated internal DEI roles and abandoned its DEI goals. TSC also gave up its plan to reach net zero carbon emissions by 2040. The company said that the changes were made to better represent the values of its customers who were upset by its practices.
Awards and recognition
In 2023, Tractor Supply was named a "Great Place to Work" by Fortune.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
TSCO Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
TSCO Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| May 27, 2026 | $0.2400 |
| Feb. 24, 2026 | $0.2400 |
| Nov. 24, 2025 | $0.2300 |
| Aug. 25, 2025 | $0.2300 |
| May 28, 2025 | $0.2300 |
| Feb. 26, 2025 | $0.2300 |
| Nov. 25, 2024 | $0.2200 |
| Aug. 26, 2024 | $0.2200 |
| May 24, 2024 | $0.2200 |
| Feb. 23, 2024 | $0.2200 |
| Nov. 24, 2023 | $0.2060 |
| Aug. 25, 2023 | $0.2060 |
| May 26, 2023 | $0.2060 |
| Feb. 24, 2023 | $0.2060 |
| Nov. 18, 2022 | $0.1840 |
| Aug. 19, 2022 | $0.1840 |
| May 24, 2022 | $0.1840 |
| Feb. 17, 2022 | $0.1840 |
| Nov. 19, 2021 | $0.1040 |
| Aug. 20, 2021 | $0.1040 |
TSCO Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 9 24.3%
- Buy 11 29.7%
- Hold 17 45.9%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
27 analysts · 2026-08-18Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.81 | $0.83 | -0.02% |
| March 31, 2026 | $0.31 | $0.35 | -0.04% |
| Dec. 31, 2025 | $0.43 | $0.47 | -0.04% |
| Sept. 30, 2025 | $0.49 | $0.49 | -0.00% |
| June 30, 2025 | $0.81 | $0.82 | -0.01% |
| March 31, 2025 | $0.34 | $0.38 | -0.04% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| TSCO | $27.08B | 24.9 | 4.3% | 7.1% | 43.2% | 36.4% |
| ULTA | $27.83B | 24.6 | 9.7% | 9.3% | 42.7% | 39.1% |
| DKS | — | 20.3 | 28.1% | 4.9% | 19.1% | 32.9% |
| FIVE | $10.50B | 29.4 | 22.9% | 7.5% | 17.5% | — |
| CHWY | $12.08B | 56.0 | 6.2% | 1.8% | 50.2% | 29.8% |
| BBWI | $4.38B | 7.0 | -0.22% | 8.9% | -48.7% | 43.7% |
| WRBY | — | 2179.0 | 13.0% | 0.19% | 0.45% | 54.0% |
| ASO | $3.65B | 10.1 | 2.0% | 6.2% | 17.7% | 34.8% |
| SBH | $1.59B | 8.6 | -0.42% | 5.3% | 26.2% | 51.6% |
| EYE | $2.06B | 70.1 | 9.0% | 1.5% | 3.4% | — |
| WINA | $1.47B | 36.3 | 5.9% | 48.4% | -92.0% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.52B | $14.88B | $14.56B | $14.20B | $12.73B | $10.62B | $8.35B | $7.91B | $7.26B | $6.78B | $6.23B | |
| Cost of Revenue | $9.87B | $9.49B | $9.33B | $9.23B | $8.25B | $6.86B | $5.48B | $5.21B | $4.76B | $4.45B | $4.08B | |
| Gross Profit | $5.65B | $5.40B | $5.23B | $4.97B | $4.48B | $3.76B | $2.87B | $2.70B | $2.49B | $2.33B | $2.14B | |
| SG&A Expense | $3.69B | $3.48B | $3.36B | $3.19B | $2.90B | $2.48B | $1.93B | $1.82B | $1.64B | $1.49B | $1.37B | |
| Operating Income | $1.47B | $1.47B | $1.48B | $1.43B | $1.31B | $997M | $743M | $702M | $686M | $694M | $651M | |
| Interest Expense | $69M | $55M | $47M | $31M | $27M | $29M | $20M | $18M | $14M | $6M | $3M | |
| Pretax Income | $1.40B | $1.41B | $1.43B | $1.40B | $1.28B | $968M | $723M | $683M | $673M | $688M | $648M | |
| Income Tax | $302M | $312M | $325M | $316M | $283M | $219M | $161M | $151M | $250M | $251M | $237M | |
| Net Income | $1.10B | $1.10B | $1.11B | $1.09B | $997M | $749M | $562M | $532M | $423M | $437M | $410M | |
| EPS (Basic) | $2.07 | $2.05 | $2.03 | $1.96 | $8.69 | $6.44 | $4.70 | $4.34 | $3.31 | $3.29 | $3.03 | |
| EPS (Diluted) | $2.06 | $2.04 | $2.02 | $1.94 | $8.61 | $6.38 | $4.66 | $4.31 | $3.30 | $3.27 | $3.00 | |
| Shares (Basic) | 529,957,000 | 536,949,000 | 545,480,000 | 556,681,000 | 114,794,000 | 116,370,000 | 119,727,000 | 122,651,000 | 127,588,000 | 132,905,000 | 135,582,000 | |
| Shares (Diluted) | 532,178,000 | 539,652,000 | 548,729,000 | 560,743,000 | 115,824,000 | 117,436,000 | 120,743,000 | 123,471,000 | 128,204,000 | 133,813,000 | 136,845,000 | |
| EBITDA | $1.96B | $1.91B | $1.87B | $1.78B | $1.31B | $997M | $743M | $702M | $686M | $694M | $651M |
Balance Sheet 27
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $194M | $251M | $397M | $203M | $878M | $1.34B | $84M | $86M | $109M | $54M | $64M | |
| Inventory | $3.08B | $2.84B | $2.65B | $2.71B | $2.19B | $1.78B | $1.60B | $1.59B | $1.45B | $1.37B | $1.28B | |
| Prepaid Expense | $203M | $197M | $219M | $246M | $164M | $134M | $101M | $114M | $88M | $91M | $88M | |
| Current Assets | $3.51B | $3.31B | $3.26B | $3.16B | $3.25B | $3.26B | $1.79B | $1.79B | $1.66B | $1.52B | $1.44B | |
| PP&E (Net) | $3.03B | $2.73B | $2.44B | $2.08B | $1.62B | $1.25B | $1.16B | $1.13B | $1.04B | $962M | $848M | |
| PP&E (Gross) | $6.04B | $5.37B | $4.73B | $4.10B | $3.42B | $2.83B | $2.55B | $2.34B | $2.09B | $1.87B | $1.64B | |
| Accum. Depreciation | $3.02B | $2.64B | $2.29B | $2.02B | $1.81B | $1.58B | $1.39B | $1.20B | $1.05B | $912M | $796M | |
| Goodwill | $347M | $246M | $246M | $230M | $32M | $10M | $10M | $10M | $93M | $94M | $10M | |
| Intangibles | $52M | $23M | $23M | $23M | $23M | · | · | · | · | · | · | |
| Other Non-current Assets | $62M | $83M | $76M | $42M | $55M | $30M | $24M | $25M | $26M | $24M | $18M | |
| Total Assets | $10.93B | $9.81B | $9.19B | $8.49B | $7.77B | $7.05B | $5.29B | $3.09B | $2.87B | $2.67B | $2.37B | |
| Accounts Payable | $1.39B | $1.24B | $1.18B | $1.40B | $1.16B | $976M | $643M | $620M | $577M | $520M | $427M | |
| Accrued Liabilities | $653M | $582M | $533M | $499M | $474M | $325M | $248M | $232M | $202M | $216M | $195M | |
| Current Liabilities | $2.61B | $2.32B | $2.18B | $2.38B | $2.06B | $1.74B | $1.25B | $938M | $849M | $777M | $671M | |
| Capital Leases | $3.69B | $3.16B | $2.90B | $2.72B | $2.57B | $2.22B | $2.00B | $29M | $33M | $26M | $17M | |
| Deferred Tax | $95M | $44M | $60M | $31M | $0 | $752M | $153.0K | $0 | $77M | $85M | $66M | |
| Other Non-current Liabilities | $155M | $147M | $138M | $120M | $106M | $143M | $76M | $68M | $61M | $55M | $54M | |
| Total Liabilities | $8.35B | $7.54B | $7.04B | $6.45B | $5.76B | $5.13B | $3.72B | $1.52B | $1.45B | $1.22B | $978M | |
| Long-term Debt | $150M | $150M | $150M | $150M | $150M | $150M | $150M | $150M | $150M | $0 | · | |
| Total Debt | $1.76B | $1.83B | $1.73B | $1.16B | $986M | $984M | $366M | $381M | $401M | $264M | · | |
| Common Stock | $7M | $7M | $7M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | |
| Retained Earnings | $7.52B | $6.91B | $6.28B | $5.62B | $4.95B | $4.19B | $3.61B | $3.21B | $2.83B | $2.54B | $2.23B | |
| Treasury Stock | $6.39B | $6.03B | $5.46B | $4.86B | $4.16B | $3.36B | $3.01B | $2.48B | $2.13B | $1.76B | $1.43B | |
| AOCI | $0 | $1M | $7M | $11M | $1M | $-3M | $199.0K | $4M | $3M | $1M | $0 | |
| Stockholders' Equity | $2.58B | $2.27B | $2.15B | $2.04B | $2.00B | $1.92B | $1.57B | $1.56B | $1.42B | $1.45B | $1.39B | |
| Liabilities + Equity | $10.93B | $9.81B | $9.19B | $8.49B | $7.77B | $7.05B | $5.29B | $3.09B | $2.87B | $2.67B | $2.37B | |
| Shares Outstanding | 527,017,000 | 532,191,000 | 539,878,000 | 110,251,000 | 113,125,000 | 116,246,000 | 118,165,000 | 121,828,000 | 125,303,000 | 130,795,000 | 134,224,000 |
Cash Flow 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $494M | $447M | $393M | $343M | $270M | $217M | $196M | $177M | $166M | $143M | $124M | |
| Stock-based Comp | $57M | $48M | $57M | $54M | $48M | $37M | $31M | $29M | $29M | $24M | $19M | |
| Deferred Tax | $61M | $-23M | $6M | $52M | $29M | $-32M | $7M | $12M | $27M | $10M | $-5M | |
| Other Non-cash | $-73M | $-153M | $-229M | $-180M | · | · | · | · | · | · | · | |
| Operating Cash Flow | $1.64B | $1.42B | $1.33B | $1.36B | $1.14B | $1.39B | $812M | $694M | $631M | $651M | $456M | |
| CapEx | $895M | $784M | $754M | $773M | $628M | $294M | $217M | $279M | $250M | $226M | $236M | |
| Investing Cash Flow | $-779M | $-644M | $-653M | $-1.09B | $-627M | $-292M | $-215M | $-276M | $-238M | $-369M | $-236M | |
| Stock Repurchased | $361M | $561M | $594M | $700M | $799M | $343M | $533M | $350M | $369M | $332M | $293M | |
| Net Stock Activity | $-361M | $-561M | $-594M | $-700M | $-799M | $-343M | $-533M | $-350M | $-369M | $-332M | $-293M | |
| Dividends Paid | $488M | $472M | $450M | $410M | $239M | $175M | $163M | $147M | $134M | $122M | $103M | |
| Financing Cash Flow | $-914M | $-922M | $-486M | $-939M | $-975M | $155M | $-599M | $-441M | $-338M | $-291M | $-208M | |
| Net Change in Cash | $-57M | $-146M | $195M | $-676M | $-464M | $1.26B | $-2M | $-23M | $55M | $-10M | $13M | |
| Taxes Paid | · | $351M | $325M | $239M | $292M | $235M | $144M | $147M | $219M | $232M | $227M | |
| Free Cash Flow | $740M | $637M | $580M | $584M | $510M | $1.10B | $594M | $416M | $381M | $413M | $193M | |
| Levered FCF | $686M | · | $544M | $560M | $490M | $1.08B | $579M | $402M | $372M | $409M | $191M |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.4% | 36.3% | 35.9% | 35.0% | 35.2% | 35.4% | 34.4% | 34.2% | 34.3% | 34.3% | 34.4% | |
| Operating Margin | 9.4% | 9.9% | 10.2% | 10.1% | 10.3% | 9.4% | 8.9% | 8.9% | 9.5% | 10.2% | 10.4% | |
| Net Margin | 7.1% | 7.4% | 7.6% | 7.7% | 7.8% | 7.0% | 6.7% | 6.7% | 5.8% | 6.5% | 6.6% | |
| Pretax Margin | 9.0% | 9.5% | 9.8% | 9.9% | 10.1% | 9.1% | 8.7% | 8.6% | 9.3% | 10.2% | 10.4% | |
| EBITDA Margin | 12.6% | 12.9% | 12.9% | 12.5% | 10.3% | 9.4% | 8.9% | 8.9% | 9.5% | 10.2% | 10.4% | |
| ROA | 10.6% | 11.2% | 12.0% | 13.3% | 12.9% | 10.8% | 10.5% | 16.9% | 14.6% | 16.5% | 17.1% | |
| ROE | 43.2% | 48.3% | 52.0% | 54.7% | 49.6% | 39.4% | 36.8% | 34.8% | 30.3% | 30.0% | 30.1% | |
| ROIC | 26.5% | 27.9% | 29.5% | 34.7% | 34.1% | 26.5% | 29.9% | 28.1% | 23.7% | 25.7% | 29.6% |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.3 | 1.4 | 1.5 | 1.3 | 1.6 | 1.9 | 1.4 | 1.9 | 1.9 | 2.0 | 2.2 | |
| Quick Ratio | 0.1 | 0.1 | 0.2 | 0.1 | 0.4 | 0.8 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| Debt / Equity | 0.7 | 0.8 | 0.8 | 0.6 | 0.5 | 0.5 | 0.2 | 0.2 | 0.3 | 0.2 | · | |
| LT Debt / Equity | 0.7 | 0.8 | 0.8 | 0.6 | 0.5 | 0.5 | 0.2 | 0.2 | 0.3 | 0.2 | · | |
| Interest Coverage | 21.2 | · | 31.8 | 46.8 | 49.1 | 34.6 | 37.5 | 38.2 | 49.5 | 119.5 | 225.0 |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.5 | 1.5 | 1.6 | 1.7 | 1.6 | 1.5 | 1.6 | 2.5 | 2.5 | 2.6 | 2.6 | |
| Inventory Turnover | 3.3 | 3.2 | 3.4 | 3.4 | 3.8 | 3.7 | 3.2 | 3.1 | 3.1 | 3.1 | 3.0 |
Growth Rates 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 4.3% | 2.2% | 2.5% | 11.6% | 19.9% | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 3.0% | 5.3% | 11.1% | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 7.9% | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 0.98% | 0.99% | 4.1% | -77.5% | 34.9% | · | · | · | · | · | · | |
| EPS CAGR 3Y | 2.0% | -38.1% | -31.8% | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | -20.2% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -0.47% | -0.54% | 1.7% | 9.2% | 33.1% | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 0.23% | 3.4% | 13.9% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 7.9% | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 22.8% | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $15.52B | $14.88B | $14.56B | $14.20B | $12.73B | $10.62B | $8.35B | $7.91B | $7.26B | $6.78B | $6.23B | |
| Net Income TTM | $1.10B | $1.10B | $1.11B | $1.09B | $997M | $749M | $562M | $532M | $423M | $437M | $410M | |
| Market Cap | $27.08B | $29.04B | $4.64B | $4.96B | $5.16B | $3.41B | $2.18B | $2.03B | $1.87B | $1.98B | $2.30B | |
| Enterprise Value | $28.65B | $30.62B | $5.98B | $5.92B | $5.27B | $3.06B | $2.46B | $2.32B | $2.17B | $2.19B | · | |
| P/E | 24.9 | 26.7 | 21.3 | 23.2 | 5.3 | 4.6 | 4.0 | 3.9 | 4.5 | 4.6 | 5.7 | |
| P/S | 1.7 | 2.0 | 0.3 | 0.3 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | |
| P/B | 10.5 | 12.8 | 2.2 | 2.4 | 2.6 | 1.8 | 1.4 | 1.3 | 1.3 | 1.4 | 1.7 | |
| P / Tangible Book | 12.4 | 14.5 | 2.5 | 2.8 | 2.7 | 1.8 | · | · | · | · | · | |
| P / Cash Flow | 16.6 | 20.4 | 3.5 | 3.7 | 4.5 | 2.4 | 2.7 | 2.9 | 3.0 | 3.1 | 5.4 | |
| P / FCF | 36.6 | 45.6 | 8.0 | 8.5 | 10.1 | 3.1 | 3.7 | 4.9 | 4.9 | 4.8 | 11.9 | |
| EV / EBITDA | 14.6 | 16.0 | 3.2 | 3.3 | 4.0 | 3.1 | 3.3 | 3.3 | 3.2 | 3.2 | · | |
| EV / FCF | 38.7 | 48.1 | 10.3 | 10.1 | 10.3 | 2.8 | 4.1 | 5.6 | 5.7 | 5.3 | · | |
| EV / Revenue | 1.8 | 2.1 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | · | |
| Dividend Yield | 1.8% | 1.6% | 9.7% | 8.3% | 4.6% | 5.1% | 7.5% | 7.2% | 7.1% | 6.2% | 4.5% | |
| Earnings Yield | 4.0% | 3.7% | 4.7% | 4.3% | 18.9% | 21.7% | 25.2% | 25.9% | 22.1% | 21.6% | 17.5% | |
| Payout Ratio | 44.5% | 42.9% | 40.6% | 37.6% | 24.0% | 23.3% | 28.9% | 27.6% | 31.7% | 28.0% | 25.1% | |
| Annual Payout | $488M | $472M | $450M | $410M | $239M | $175M | $163M | $147M | $134M | $122M | $103M |
Income Statement 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.54B | $3.59B | $3.90B | $3.72B | $4.44B | $3.47B | $3.77B | $3.47B | $4.25B | $3.39B | $3.66B | $3.41B | $3.30B | $4.01B | $3.27B | |
| Cost of Revenue | $2.86B | $2.29B | $2.53B | $2.33B | $2.80B | $2.21B | $2.44B | $2.18B | $2.69B | $2.17B | $2.37B | $2.16B | $2.13B | $2.64B | $2.10B | |
| Gross Profit | $1.68B | $1.30B | $1.37B | $1.39B | $1.64B | $1.26B | $1.33B | $1.29B | $1.56B | $1.22B | $1.29B | $1.25B | $1.17B | $1.36B | $1.17B | |
| SG&A Expense | $1.02B | $941M | $944M | $922M | $940M | $886M | $891M | $852M | $885M | $853M | $856M | $819M | $828M | $910M | $772M | |
| Operating Income | $467M | $233M | $298M | $343M | $578M | $249M | $318M | $325M | $561M | $263M | $334M | $341M | $244M | $359M | $306M | |
| Interest Expense | · | · | · | · | · | · | · | · | $12M | $12M | $12M | $10M | $13M | · | $6M | |
| Pretax Income | $450M | $214M | $281M | $328M | $560M | $229M | $301M | $311M | $550M | $251M | $322M | $331M | $232M | $349M | $300M | |
| Income Tax | $89M | $50M | $53M | $69M | $130M | $50M | $65M | $69M | $125M | $53M | $74M | $76M | $49M | $78M | $66M | |
| Net Income | $361M | $165M | $1.10B | $259M | $430M | $179M | $236M | $241M | $425M | $198M | $248M | $255M | $183M | $271M | $234M | |
| EPS (Basic) | $0.69 | $0.31 | $0.43 | $0.49 | $0.81 | $0.34 | $0.44 | $0.45 | $0.79 | $0.37 | $-5.82 | $2.34 | $1.66 | $-5.36 | $2.11 | |
| EPS (Diluted) | $0.69 | $0.31 | $0.42 | $0.49 | $0.81 | $0.34 | $0.43 | $0.45 | $0.79 | $0.37 | $-5.79 | $2.33 | $1.65 | $-5.34 | $2.10 | |
| Shares (Basic) | 523,729,000 | 526,327,000 | -1,061,846,000 | 529,742,000 | 530,331,000 | 531,730,000 | -1,077,266,000 | 535,836,000 | 538,649,000 | 539,730,000 | 436,065,000 | 108,774,000 | 110,045,000 | 221,699,000 | 110,861,000 | |
| Shares (Diluted) | 524,615,000 | 528,136,000 | -1,066,269,000 | 532,143,000 | 532,205,000 | 534,099,000 | -1,082,551,000 | 538,390,000 | 541,175,000 | 542,638,000 | 438,674,000 | 109,342,000 | 110,781,000 | 223,361,000 | 111,560,000 | |
| EBITDA | $467M | $233M | · | $343M | $700M | $369M | · | $325M | $561M | $263M | · | $341M | $244M | · | $306M |
Balance Sheet 27
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $232M | $224M | $194M | $185M | $226M | $232M | $251M | $186M | $395M | $264M | · | $422M | $190M | · | $211M | |
| Inventory | $3.52B | $3.58B | $3.08B | $3.25B | $3.09B | $3.21B | $2.84B | $3.08B | $3.00B | $3.05B | · | $2.83B | $3.03B | · | $2.68B | |
| Prepaid Expense | $298M | $222M | $203M | $210M | $228M | $210M | $197M | $200M | $245M | $207M | · | $278M | $236M | · | $212M | |
| Current Assets | $4.25B | $4.04B | $3.51B | $3.65B | $3.54B | $3.66B | $3.31B | $3.48B | $3.64B | $3.52B | · | $3.53B | $3.46B | · | $3.11B | |
| PP&E (Net) | $3.22B | $3.13B | $3.03B | $3.02B | $2.88B | $2.75B | $2.73B | $2.63B | $2.57B | $2.50B | · | $2.27B | $2.14B | · | $1.84B | |
| PP&E (Gross) | · | · | $6.04B | · | · | · | $5.37B | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $3.02B | · | · | · | $2.64B | · | · | · | · | · | · | · | · | |
| Goodwill | $425M | · | $347M | · | · | · | $246M | · | · | · | $246M | · | · | $230M | · | |
| Intangibles | $81M | · | $52M | · | · | · | $23M | · | · | · | · | · | · | $23M | · | |
| Other Non-current Assets | $66M | $58M | $62M | $69M | $75M | $74M | $83M | $87M | $84M | $80M | · | $45M | $41M | · | $99M | |
| Total Assets | $12.16B | $11.66B | $10.93B | $10.88B | $10.56B | $10.39B | $9.81B | $9.77B | $9.78B | $9.55B | · | $9.21B | $8.85B | · | $7.91B | |
| Accounts Payable | $1.76B | $1.76B | $1.39B | $1.55B | $1.52B | $1.56B | $1.24B | $1.35B | $1.44B | $1.52B | · | $1.41B | $1.53B | · | $1.22B | |
| Accrued Liabilities | $879M | $674M | $653M | $734M | $614M | $588M | $582M | $552M | $558M | $560M | · | $455M | $473M | · | $454M | |
| Current Liabilities | $3.19B | $2.93B | $2.61B | $2.80B | $2.76B | $2.60B | $2.32B | $2.35B | $2.54B | $2.52B | · | $2.32B | $2.35B | · | $2.10B | |
| Capital Leases | $3.87B | $3.79B | $3.69B | $3.53B | $3.44B | $3.25B | $3.16B | $3.08B | $2.98B | $2.94B | · | $2.85B | $2.75B | · | $2.61B | |
| Deferred Tax | $100M | $113M | $95M | $53M | $20M | $42M | $44M | $49M | $54M | $68M | · | $30M | $76M | · | $40M | |
| Other Non-current Liabilities | $169M | $159M | $155M | $147M | $142M | $149M | $147M | $142M | $139M | $140M | · | $136M | $121M | · | $114M | |
| Total Liabilities | $9.53B | $9.15B | $8.35B | $8.30B | $8.07B | $8.15B | $7.54B | $7.48B | $7.48B | $7.43B | · | $7.09B | $6.93B | · | $5.97B | |
| Long-term Debt | · | · | $150M | · | · | · | · | · | · | · | · | · | · | · | · | |
| Total Debt | $2.15B | $2.13B | · | $1.74B | $1.67B | $2.08B | · | $1.83B | $1.73B | $1.73B | · | $1.73B | · | · | $1.08B | |
| Common Stock | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $1M | $1M | $1M | · | $1M | $1M | · | $1M | |
| Retained Earnings | $7.79B | $7.56B | $7.52B | $7.41B | $7.28B | $6.97B | $6.91B | $6.79B | $6.67B | $6.36B | · | $6.15B | $5.69B | · | $5.46B | |
| Treasury Stock | $6.64B | $6.51B | $6.39B | $6.27B | $6.19B | $6.12B | $6.03B | $5.87B | $5.72B | $5.58B | · | $5.35B | $5.05B | · | $4.76B | |
| AOCI | $0 | $0 | $0 | $0 | $0 | $0 | $1M | $3M | $5M | $6M | · | $9M | $9M | · | $12M | |
| Stockholders' Equity | $2.63B | $2.51B | $2.58B | $2.57B | $2.49B | $2.24B | $2.27B | $2.29B | $2.31B | $2.12B | $2.15B | $2.11B | $1.91B | $2.04B | $1.94B | |
| Liabilities + Equity | $12.16B | $11.66B | $10.93B | $10.88B | $10.56B | $10.39B | $9.81B | $9.77B | $9.78B | $9.55B | · | $9.21B | $8.85B | · | $7.91B | |
| Shares Outstanding | 521,845,000 | 525,513,000 | 527,017,000 | 529,042,000 | 529,990,000 | 531,240,000 | 532,191,000 | 106,921,000 | 107,447,000 | 107,892,000 | · | 108,474,000 | 109,660,000 | · | 110,587,000 |
Cash Flow 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $131M | $127M | $128M | $124M | $122M | $120M | $120M | $114M | $109M | $104M | $103M | $90M | $97M | $95M | $87M | |
| Stock-based Comp | $16M | $18M | $16M | $15M | $13M | $13M | $13M | $10M | $11M | $14M | $12M | $15M | $15M | $15M | $14M | |
| Deferred Tax | $-27M | $24M | $45M | $41M | $-26M | $2M | $-1M | $-10M | $-20M | $9M | $-2M | $-23M | $46M | $10M | $3M | |
| Other Non-cash | · | · | · | · | · | $-98M | · | · | · | · | · | · | · | · | · | |
| Operating Cash Flow | $562M | $91M | $325M | $308M | $786M | $217M | $517M | $86M | $560M | $257M | $396M | $156M | $20M | $731M | $725.0K | |
| CapEx | $233M | $203M | $266M | $278M | $210M | $141M | $246M | $188M | $193M | $157M | $227M | $177M | $158M | $322M | $186M | |
| Investing Cash Flow | $-324M | $-171M | $-102M | $-228M | $-188M | $-261M | $-184M | $-129M | $-179M | $-152M | $-198M | $-110M | $-158M | $-643M | $-186M | |
| Stock Repurchased | $136M | $118M | $117M | $74M | $73M | $95M | $151M | $151M | $141M | $118M | $114M | $137M | $183M | $92M | $124M | |
| Net Stock Activity | · | $-118M | · | · | $-73M | $-95M | · | $-151M | $-141M | $-118M | · | $-137M | $-183M | · | $-124M | |
| Dividends Paid | $126M | $126M | $121M | $122M | $122M | $122M | $117M | $118M | $119M | $119M | $111M | $112M | $113M | $102M | $102M | |
| Financing Cash Flow | $-230M | $110M | $-214M | $-121M | $-604M | $25M | $-268M | $-166M | $-250M | $-238M | $-222M | $-244M | $126M | $-97M | $-134M | |
| Taxes Paid | $170M | $8M | · | $13M | $41M | $0 | · | $188M | $88M | $2M | · | $179M | $2M | $54M | $148M | |
| Free Cash Flow | · | $-111M | · | · | · | $75M | · | · | · | $100M | · | · | $-138M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $91M | · | · | $-148M | · | · |
Profitability 8
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.0% | 36.2% | · | 37.4% | 36.9% | 36.2% | · | 37.2% | 36.6% | 36.0% | · | 36.6% | 35.5% | · | 35.6% | |
| Operating Margin | 10.3% | 6.5% | · | 9.2% | 13.0% | 7.2% | · | 9.4% | 13.2% | 7.8% | · | 10.0% | 7.4% | · | 9.4% | |
| Net Margin | 7.9% | 4.6% | · | 7.0% | 9.7% | 5.2% | · | 7.0% | 10.0% | 5.8% | · | 7.5% | 5.5% | · | 7.2% | |
| Pretax Margin | 9.9% | 6.0% | · | 8.8% | 12.6% | 6.6% | · | 9.0% | 13.0% | 7.4% | · | 9.7% | 7.0% | · | 9.2% | |
| EBITDA Margin | 10.3% | 6.5% | · | 9.2% | 15.8% | 10.7% | · | 9.4% | 13.2% | 7.8% | · | 10.0% | 7.4% | · | 9.4% | |
| ROA | 3.2% | 1.5% | · | 2.5% | 4.2% | 1.8% | · | 2.5% | 4.5% | 2.1% | · | 3.0% | · | · | 3.0% | |
| ROE | 14.1% | 6.9% | · | 10.7% | 17.9% | 8.2% | · | 11.0% | 19.4% | 9.8% | · | 12.6% | · | · | 11.8% | |
| ROIC | 7.8% | 3.9% | · | 6.3% | 10.7% | 4.5% | · | 6.1% | 10.8% | 5.4% | · | 6.8% | · | · | 7.9% |
Liquidity & Solvency 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.3 | 1.4 | · | 1.3 | 1.3 | 1.4 | · | 1.5 | 1.4 | 1.4 | · | 1.5 | · | · | 1.5 | |
| Quick Ratio | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.2 | 0.1 | · | 0.2 | · | · | 0.1 | |
| Debt / Equity | 0.8 | 0.8 | · | 0.7 | 0.7 | 0.9 | · | 0.8 | 0.8 | 0.8 | · | 0.8 | · | · | 0.6 | |
| LT Debt / Equity | 0.8 | 0.8 | · | 0.7 | 0.7 | 0.9 | · | 0.8 | 0.8 | 0.8 | · | 0.8 | · | · | 0.6 | |
| Interest Coverage | · | · | · | · | · | · | · | · | 48.4 | 22.1 | · | 35.7 | 19.3 | · | 49.2 |
Efficiency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.3 | · | 0.4 | 0.4 | 0.3 | · | 0.4 | 0.5 | 0.4 | · | 0.4 | · | · | 0.4 | |
| Inventory Turnover | 0.9 | 0.7 | · | 0.7 | 0.9 | 0.7 | · | 0.7 | 1.0 | 0.7 | · | 0.8 | · | · | 0.9 |
Valuation (TTM) 17
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $16.29B | $15.22B | · | $15.09B | $15.62B | $14.58B | · | $14.52B | $15.24B | $14.29B | · | $14.17B | $13.50B | · | $13.22B | |
| Net Income TTM | $1.88B | $1.95B | · | $1.11B | $1.28B | $1.04B | · | $1.12B | $1.30B | $1.06B | · | $1.09B | $1.00B | · | $1.04B | |
| Market Cap | $16.29B | $23.58B | · | $29.90B | $27.41B | $28.41B | · | $6.12B | $5.80B | $5.65B | · | $4.41B | · | · | $4.10B | |
| Enterprise Value | $18.21B | $25.48B | · | $31.46B | $28.85B | $30.26B | · | $7.76B | $7.14B | $7.11B | · | $5.71B | · | · | $4.97B | |
| P/E | 13.6 | 23.0 | · | 27.0 | 21.6 | 27.4 | · | 14.5 | 7.4 | 6.4 | · | 4.1 | 5.3 | · | 4.0 | |
| P/S | 1.0 | 1.5 | · | 2.0 | 1.8 | 1.9 | · | 0.4 | 0.4 | 0.4 | · | 0.3 | · | · | 0.3 | |
| P/B | 6.2 | 9.4 | · | 11.6 | 11.0 | 12.7 | · | 2.7 | 2.5 | 2.7 | · | 2.1 | · | · | 2.1 | |
| P / Tangible Book | 7.7 | 9.4 | · | 11.6 | 11.0 | 12.7 | · | 2.7 | 2.5 | 2.7 | · | 2.1 | · | · | 2.1 | |
| P / Cash Flow | · | 258.8 | · | · | · | 131.0 | · | · | · | 21.9 | · | · | · | · | · | |
| P / FCF | · | -211.5 | · | · | · | 376.3 | · | · | · | 56.4 | · | · | · | · | · | |
| EV / EBITDA | 39.0 | 109.2 | · | 91.8 | 41.2 | 81.9 | · | 23.9 | 12.7 | 27.0 | · | 16.8 | · | · | 16.2 | |
| EV / FCF | · | -228.6 | · | · | · | 400.8 | · | · | · | 71.0 | · | · | · | · | · | |
| EV / Revenue | 1.1 | 1.7 | · | 2.1 | 1.8 | 2.1 | · | 0.5 | 0.5 | 0.5 | · | 0.4 | · | · | 0.4 | |
| Dividend Yield | 3.0% | 2.1% | · | 1.6% | 1.8% | 1.7% | · | 7.6% | 8.0% | 8.1% | · | 10.0% | · | · | 8.9% | |
| Earnings Yield | 7.4% | 4.3% | · | 3.7% | 4.6% | 3.6% | · | 6.9% | 13.6% | 15.6% | · | 24.4% | 19.0% | · | 24.9% | |
| Payout Ratio | · | 76.8% | · | 47.0% | 28.4% | 68.2% | · | 48.8% | 27.9% | 60.0% | · | 43.9% | 62.0% | · | 43.5% | |
| Annual Payout | $493M | $493M | · | $484M | $481M | $478M | · | $467M | $462M | $457M | · | $440M | $421M | · | $367M |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | |
|---|---|---|---|---|---|
| Revenue | $15.52B | — | — | $14.88B | — |
| Gross Margin % | 36.4% | — | — | 36.3% | — |
| Operating Margin % | 9.4% | — | — | 9.9% | — |
| Net Income | $1.10B | — | — | $1.10B | — |
| Diluted EPS | $2.06 | — | — | $2.04 | — |
Balance Sheet
| 2025-12-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.7 | — | — | 0.8 | — |
| Current Ratio | 1.3 | — | — | 1.4 | — |
| Quick Ratio | 0.1 | — | — | 0.1 | — |
Cash Flow
| 2025-12-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | |
|---|---|---|---|---|---|
| Free Cash Flow | $740M | — | — | $637M | — |
Latest News Recent headlines mentioning this company
- Guggenheim Trims PT On Tractor Supply (TSCO) To $50, Reiterates “Buy” Rating Following VIP Petcare Acquisition
- Jim Cramer Says He “Cannot Recommend the Stock of Tractor Supply Until I know More”
- Tractor Supply Company (TSCO) Expands Tool and Hardware Categories With SKIL Lineup
- Is Tractor Supply Company (TSCO) A Good Stock To Buy Now?
- Top 3 Unstoppable Dividend Growth Stocks to Buy (and Hold) for the Next Decade
- Tractor Supply is Oversold
- Why This Top Dividend Growth Stock Is Oversold and Is a No-Brainer Buy Right Now
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
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Institutional owners (13F) 1,194 filers · $9.7B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 150 (+30 vs prior Q) | 227 (+87 vs prior Q) | 368 (-9 vs prior Q) | 402 (-77 vs prior Q) | +86.3M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | $1,083,245,872 | 34,269,088 | 11.21% | Shares |
| Capital Research Global Investors | $948,972,395 | 30,021,332 | 9.82% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $844,319,885 | 26,710,531 | 8.74% | Shares |
| Capital International Investors | $816,496,180 | 25,833,709 | 8.45% | Shares |
| STATE STREET CORP | $742,857,633 | 23,500,716 | 7.69% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $436,367,610 | 13,840,401 | 4.51% | Shares |
| NORGES BANK | $214,833,825 | 6,796,388 | 2.22% | Shares |
| VAN ECK ASSOCIATES CORP | $150,861,823 | 4,772,598 | 1.56% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $149,974,287 | 4,744,520 | 1.55% | Shares |
| Select Equity Group, L.P. | $137,085,458 | 4,336,775 | 1.42% | Shares |
| Navera Investment Management Ltd. | $121,441,454 | 3,842,265 | 1.26% | Shares |
| Qube Research & Technologies Ltd | $99,394,010 | 3,144,385 | 1.03% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $93,117,497 | 2,945,824 | 0.96% | Shares |
| GOLDMAN SACHS GROUP INC | $91,409,819 | 2,891,801 | 0.95% | Shares |
| AMERICAN CENTURY COMPANIES INC | $82,809,653 | 2,619,728 | 0.86% | Shares |
| JANE STREET GROUP, LLC | $82,438,880 | 2,608,000 | 0.85% | Call option |
| BlackRock, Inc. | $81,730,784 | 2,585,599 | 0.85% | Shares |
| PROVIDENT TRUST CO | $75,131,849 | 2,376,838 | 0.78% | Shares |
| KING LUTHER CAPITAL MANAGEMENT CORP | $67,394,625 | 2,132,067 | 0.70% | Shares |
| Stephens Investment Management Group LLC | $66,911,289 | 2,116,776 | 0.69% | Shares |
| TimesSquare Capital Management, LLC | $65,220,766 | 1,439,752 | 0.67% | Shares |
| BANK OF AMERICA CORP /DE/ | $59,959,523 | 1,896,853 | 0.62% | Shares |
| Alecta Tjanstepension Omsesidigt | $53,827,440 | 1,703,400 | 0.56% | Shares |
| Candlestick Capital Management LP | $52,265,748 | 919,039 | 0.54% | Shares |
| CITADEL ADVISORS LLC | $50,291,510 | 1,591,000 | 0.52% | Call option |
| Swiss National Bank | $46,896,596 | 1,483,600 | 0.49% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $45,704,899 | 1,445,900 | 0.47% | Call option |
| Connor, Clark & Lunn Investment Management Ltd. | $45,007,361 | 1,423,833 | 0.47% | Shares |
| Legal & General Group Plc | $44,503,878 | 1,407,905 | 0.46% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $43,498,078 | 1,376,086 | 0.45% | Shares |
| CITADEL ADVISORS LLC | $40,963,146 | 1,295,892 | 0.42% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $40,526,267 | 1,282,051 | 0.42% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $40,343,653 | 1,276,294 | 0.42% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $40,123,648 | 1,269,334 | 0.42% | Shares |
| LPL Financial LLC | $38,317,247 | 1,212,188 | 0.40% | Shares |
| MONTRUSCO BOLTON INVESTMENTS INC. | $37,302,866 | 1,180,097 | 0.39% | Shares |
| HSBC HOLDINGS PLC | $36,048,012 | 1,140,399 | 0.37% | Shares |
| MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH | $36,004,338 | 682,288 | 0.37% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $35,937,409 | 1,136,900 | 0.37% | Put option |
| MORGAN STANLEY | $35,740,010 | 1,130,655 | 0.37% | Shares |
| Vanguard Global Advisers, LLC | $35,678,081 | 1,128,696 | 0.37% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $34,638,736 | 764,652 | 0.36% | Shares |
| RHUMBLINE ADVISERS | $33,462,765 | 1,058,617 | 0.35% | Shares |
| Norinchukin Bank, The | $32,677,343 | 1,033,766 | 0.34% | Shares |
| Quantinno Capital Management LP | $31,798,218 | 1,005,954 | 0.33% | Shares |
| RAYMOND JAMES FINANCIAL INC | $31,231,308 | 988,020 | 0.32% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $30,823,954 | 975,133 | 0.32% | Shares |
| CITADEL ADVISORS LLC | $30,212,838 | 955,800 | 0.31% | Put option |
| BNP PARIBAS FINANCIAL MARKETS | $29,594,957 | 936,253 | 0.31% | Shares |
| CLIFFORD SWAN INVESTMENT COUNSEL LLC | $28,306,017 | 624,857 | 0.29% | Shares |
| ALLIANCEBERNSTEIN L.P. | $27,526,047 | 607,639 | 0.28% | Shares |
| Point72 Asset Management, L.P. | $26,607,433 | 841,741 | 0.28% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $26,374,246 | 834,364 | 0.27% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $26,083,816 | 835,752 | 0.27% | Shares |
| DAVIS R M INC | $24,987,620 | 790,497 | 0.26% | Shares |
| California Public Employees Retirement System | $24,975,883 | 790,126 | 0.26% | Shares |
| Willis Investment Counsel | $24,014,338 | 759,707 | 0.25% | Shares |
| Swedbank AB | $23,273,369 | 736,266 | 0.24% | Shares |
| Congress Wealth Management LLC / DE / | $23,093,576 | 437,626 | 0.24% | Shares |
| Beacon Pointe Advisors, LLC | $22,003,070 | 485,719 | 0.23% | Shares |
| Pictet Asset Management Holding SA | $21,612,768 | 683,732 | 0.22% | Shares |
| BARCLAYS PLC | $20,582,061 | 651,125 | 0.21% | Shares |
| Capital International, Inc./CA/ | $20,542,106 | 649,861 | 0.21% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $20,479,929 | 647,894 | 0.21% | Shares |
| WELLS FARGO & COMPANY/MN | $19,882,690 | 629,000 | 0.21% | Put option |
| MILLENNIUM MANAGEMENT LLC | $19,873,207 | 628,700 | 0.21% | Call option |
| Gotham Asset Management, LLC | $18,136,396 | 573,755 | 0.19% | Shares |
| UBS Group AG | $17,940,730 | 567,565 | 0.19% | Shares |
| Baird Financial Group, Inc. | $16,556,695 | 523,780 | 0.17% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $16,290,741 | 359,619 | 0.17% | Shares |
| AVIVA PLC | $16,036,765 | 507,332 | 0.17% | Shares |
| AMERIPRISE FINANCIAL INC | $15,941,492 | 504,318 | 0.16% | Shares |
| Gradient Investments LLC | $15,567,607 | 492,490 | 0.16% | Shares |
| TODD ASSET MANAGEMENT LLC | $15,532,648 | 491,384 | 0.16% | Shares |
| Banco Santander, S.A. | $15,260,771 | 482,783 | 0.16% | Shares |
| Toroso Investments, LLC | $15,024,654 | 300,433 | 0.16% | Shares |
| Eagle Ridge Investment Management | $14,951,247 | 281,780 | 0.15% | Shares |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $14,774,514 | 467,400 | 0.15% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $14,214,606 | 449,687 | 0.15% | Shares |
| MILLENNIUM MANAGEMENT LLC | $13,756,672 | 435,200 | 0.14% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $13,622,361 | 430,951 | 0.14% | Shares |
| Shay Capital LLC | $13,592,300 | 430,000 | 0.14% | Call option |
| D. E. Shaw & Co., Inc. | $13,541,724 | 428,400 | 0.14% | Shares |
| Welch & Forbes LLC | $13,222,741 | 418,308 | 0.14% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $12,987,053 | 406,174 | 0.13% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $12,808,215 | 405,195 | 0.13% | Shares |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $12,797,151 | 404,845 | 0.13% | Shares |
| Champlain Investment Partners, LLC | $11,641,141 | 368,274 | 0.12% | Shares |
| VANGUARD GROUP INC | $11,530,006 | 230,554 | 0.12% | Shares |
| NOMURA ASSET MANAGEMENT CO LTD | $11,497,695 | 363,736 | 0.12% | Shares |
| Corient Private Wealth LP | $11,441,766 | 361,981 | 0.12% | Shares |
| SPEECE THORSON CAPITAL GROUP INC | $11,378,000 | 359,937 | 0.12% | Shares |
| Clearbridge Investments, LLC | $11,246,172 | 355,779 | 0.12% | Shares |
| STOREBRAND ASSET MANAGEMENT AS | $11,167,718 | 353,297 | 0.12% | Shares |
| APG Asset Management N.V. | $10,764,099 | 389,326 | 0.11% | Shares |
| Eurizon Capital SGR S.p.A. | $10,645,040 | 336,986 | 0.11% | Shares |
| Weiss Asset Management LP | $10,518,133 | 332,747 | 0.11% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $10,482,192 | 331,610 | 0.11% | Shares |
| Advisors Asset Management, Inc. | $10,358,639 | 195,225 | 0.11% | Shares |
| Litman Gregory Wealth Management LLC | $10,185,796 | 203,675 | 0.11% | Shares |
Company insiders 51 insiders · 20 officers · 22 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Kurt D Barton | EVP Chief Financial Officer | July 24, 2025 M | 47,715 | 0 | 0 | $0 |
| Anthony F Crudele | EVP Chief Financial Officer | Feb. 6, 2017 F | 54,164 | 0 | 0 | $0 |
| Steve K Barbarick | President & COO | June 17, 2019 M | 98 | 0 | 0 | $0 |
| Stanley L Ruta | EVP-Chief Operating Officer | March 29, 2011 S | 20,464 | 0 | 0 | $0 |
| Colin Yankee | EVP Chief Supply Chain Officer | July 28, 2025 M | 40,142 | 0 | 0 | $0 |
| Noni L Ellison | SVP General Counsel | July 24, 2025 S | 28,639 | 0 | 0 | $0 |
| Matthew L. Rubin | SVP Petsense GM | May 14, 2025 A | 29,722 | 0 | 0 | $0 |
| Kimberley S. Gardiner | SVP Chief Marketing Officer | Feb. 12, 2025 A | 6,769 | 0 | 0 | $0 |
| Melissa Kersey | EVP Chief HR Officer | Feb. 12, 2025 A | 40,383 | 0 | 0 | $0 |
| Robert D Mills | EVP Chief Technology Officer | Feb. 12, 2025 A | 118,032 | 0 | 0 | $0 |
| Christi C Korzekwa | SVP, Chief Marketing Officer | Feb. 9, 2022 A | 10,597 | 0 | 0 | $0 |
| Benjamin F Parrish JR | EVP General Counsel | Aug. 31, 2020 M | 28,177 | 0 | 0 | $0 |
| Chad Michael Frazell | SVP Human Resources | Nov. 11, 2019 M | 13,147 | 0 | 0 | $0 |
| Lee J Downing | EVP Operations and Real Estate | Feb. 11, 2015 S | 30,901 | 0 | 0 | $0 |
| Alexander L Stanton | Senior VP Supply Chain | Oct. 30, 2014 M | 57,389 | 0 | 0 | $0 |
| Kimberly D Vella | SVP-Chief People Officer | Feb. 12, 2014 M | 22,924 | 0 | 0 | $0 |
| Blake A Fohl | Sr. Vice President - Marketing | Feb. 6, 2008 A | 0 | 0 | 0 | $0 |
| David C Lewis | Vice President-Controller | Feb. 6, 2008 A | 0 | 0 | 0 | $0 |
| Gerald W Brase | Sr. VP - Merchandising | May 1, 2007 M | 26,268 | 0 | 0 | $0 |
| Calvin B Massmann | Senior Vice President | March 28, 2006 G | 1,744 | 0 | 0 | $0 |
| Ramkumar Krishnan | Director | July 1, 2026 A | 68,191 | 0 | 0 | $0 |
| Margaret M Ham | Director | June 8, 2026 L | 19,528 | 0 | 0 | $0 |
| Joy Brown | Director | May 14, 2025 A | 15,588 | 0 | 0 | $0 |
| Ricardo Cardenas | Director | May 14, 2025 A | 35,285 | 0 | 0 | $0 |
| Mark J Weikel | Director | May 14, 2025 A | 50,478 | 0 | 0 | $0 |
| Thomas Kingsbury | Director | Jan. 2, 2023 A | 6,994 | 0 | 0 | $0 |
| Cynthia T Jamison | Director | May 18, 2022 S | 17,130 | 0 | 0 | $0 |
| George Mackenzie | Director | Aug. 3, 2020 S | 11,048 | 0 | 0 | $0 |
| Gregory A Sandfort | Director | May 5, 2020 M | 77,690 | 0 | 0 | $0 |
| Peter D Bewley | Director | May 9, 2018 A | 13,657 | 0 | 0 | $0 |
| John C Adams JR | Director | May 8, 2017 A | 23,341 | 0 | 0 | $0 |
| Keith R. Halbert | Director | May 2, 2016 A | 2,354 | 0 | 0 | $0 |
| Richard W Frost | Director | May 7, 2015 P | 17,608 | 0 | 0 | $0 |
| John C Bingleman | Director | April 30, 2014 A | 143,829 | 0 | 0 | $0 |
| James F Wright | Director | Dec. 31, 2013 S | 183,625 | 0 | 0 | $0 |
| William Bass | Director | July 29, 2011 M | 3,659 | 0 | 0 | $0 |
| Gerard E Jones | Director | Feb. 8, 2011 S | 16,754 | 0 | 0 | $0 |
| S P Braud | Director | April 28, 2010 M | 3,288 | 0 | 0 | $0 |
| Joseph D Maxwell | Director | May 25, 2007 G | 130,969 | 0 | 0 | $0 |
| Joseph M Rodgers | Director | May 2, 2007 A | — | 0 | 0 | $0 |
| Sam K Reed | Director | May 4, 2006 A | 0 | 0 | 0 | $0 |
| FLOOD THOMAS O | Director | Feb. 6, 2004 M | 200,968 | 0 | 0 | $0 |
| Joseph H Scarlett JR | 10% owner | March 26, 2008 S | 162,461 | 0 | 0 | $0 |
| Samuel Craig Ledbetter | — | Aug. 8, 2026 F | 8,515 | 0 | 0 | $0 |
| Jonathan S Estep | — | Aug. 6, 2026 A | 80,482 | 0 | 0 | $0 |
| John P Ordus | — | Aug. 6, 2026 A | 97,180 | 0 | 0 | $0 |
| Amy E Dahl | — | Aug. 5, 2026 A | 13,626 | 0 | 0 | $0 |
| Iii Harry A Lawton | — | Aug. 4, 2026 P | 15,600 | 2 | 0 | $501,523 |
| Edna Morris | — | Aug. 4, 2026 P | 279,720 | 1 | 0 | $50,606 |
| Andre J Hawaux | — | Aug. 3, 2026 P | 3,150 | 1 | 0 | $100,264 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 216 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| RSPD · Invesco Exchange-Traded Fund Trust | 2.21% | 214,094 SH | Aug. 8, 2026 | Daily |
| TMFM · RBB Fund, Inc. | 2.08% | 77,124 NS | May 31, 2026 | N-PORT |
| UPGD · Invesco Exchange-Traded Fund Trust | 2.03% | 71,576 SH | Aug. 8, 2026 | Daily |
| POWA · Invesco Exchange-Traded Self-Indexe… | 2.03% | 107,836 SH | Aug. 8, 2026 | Daily |
| FDIV · EA Series Trust | 2.01% | 41,727 NS | April 30, 2026 | N-PORT |
| MTRA · Invesco Actively Managed Exchange-T… | 1.77% | 395,124 SH | Aug. 8, 2026 | Daily |
| RUNN · Strategic Trust | 1.77% | 193,750 NS | May 31, 2026 | N-PORT |
| CSMD · Professionally Managed Portfolios | 1.75% | 216,528 NS | April 30, 2026 | N-PORT |
| EWU · iShares Trust | 1.26% | 8,118,976 SH | Aug. 8, 2026 | Daily |
| YALL · Tidal Trust I | 1.17% | 36,131 NS | May 31, 2026 | N-PORT |
| KXI · iShares Trust | 1.07% | 1,775,786 SH | Aug. 8, 2026 | Daily |
| IMFL · Invesco Exchange-Traded Self-Indexe… | 1.05% | 1,750,092 SH | Aug. 8, 2026 | Daily |
| QQQJ · Invesco Exchange-Traded Fund Trust … | 0.87% | 299,104 SH | Aug. 8, 2026 | Daily |
| TMFX · RBB Fund, Inc. | 0.80% | 8,159 NS | May 31, 2026 | N-PORT |
| PAWZ · ProShares Trust | 0.75% | 7,684 NS | May 31, 2026 | N-PORT |
| NUMV · Nushares ETF Trust | 0.72% | 88,568 NS | April 30, 2026 | N-PORT |
| RETL · Direxion Shares ETF Trust | 0.70% | 6,294 NS | April 30, 2026 | N-PORT |
| MID · AMERICAN CENTURY ETF TRUST | 0.55% | 17,295 NS | May 31, 2026 | N-PORT |
| AGRW · ALLSPRING EXCHANGE-TRADED FUNDS TRU… | 0.54% | 16,483 NS | April 30, 2026 | N-PORT |
| IEDI · iShares U.S. ETF Trust | 0.54% | 4,535 SH | Aug. 8, 2026 | Daily |
| AVMV · AMERICAN CENTURY ETF TRUST | 0.48% | 95,451 NS | May 31, 2026 | N-PORT |
| EFAV · iShares Trust | 0.44% | 3,779,020 SH | Aug. 8, 2026 | Daily |
| CGCV · Capital Group Conservative Equity E… | 0.43% | 237,197 NS | May 31, 2026 | N-PORT |
| IDLV · Invesco Exchange-Traded Fund Trust … | 0.41% | 221,126 SH | Aug. 8, 2026 | Daily |
| SUSA · iShares Trust | 0.39% | 475,441 SH | Aug. 8, 2026 | Daily |
| EFG · iShares Trust | 0.37% | 9,799,819 SH | Aug. 8, 2026 | Daily |
| INTF · iShares Trust | 0.37% | 2,130,444 SH | Aug. 8, 2026 | Daily |
| FDLO · FIDELITY COVINGTON TRUST | 0.34% | 134,087 NS | April 30, 2026 | N-PORT |
| SZNE · Pacer Funds Trust | 0.33% | 1,251 NS | April 30, 2026 | N-PORT |
| SPXD · DBX ETF Trust | 0.32% | 697 NS | May 31, 2026 | N-PORT |
| CGDG · Capital Group Dividend Growers ETF | 0.30% | 486,139 NS | May 31, 2026 | N-PORT |
| VCR · VANGUARD WORLD FUND | 0.30% | 651,940 SH | Aug. 8, 2026 | Daily |
| FDIS · FIDELITY COVINGTON TRUST | 0.30% | 149,925 NS | April 30, 2026 | N-PORT |
| IYC · iShares Trust | 0.30% | 104,861 SH | Aug. 8, 2026 | Daily |
| IEV · iShares Trust | 0.28% | 746,046 SH | Aug. 8, 2026 | Daily |
| IVLU · iShares Trust | 0.28% | 1,953,238 SH | Aug. 8, 2026 | Daily |
| WANT · Direxion Shares ETF Trust | 0.28% | 1,617 NS | April 30, 2026 | N-PORT |
| AVLV · AMERICAN CENTURY ETF TRUST | 0.27% | 1,114,809 NS | May 31, 2026 | N-PORT |
| PXF · Invesco Exchange-Traded Fund Trust … | 0.27% | 1,247,591 SH | Aug. 8, 2026 | Daily |
| FTA · First Trust Exchange-Traded AlphaDE… | 0.27% | 99,634 NS | April 30, 2026 | N-PORT |
| RXI · iShares Trust | 0.27% | 21,554 SH | Aug. 8, 2026 | Daily |
| DUHP · Dimensional ETF Trust | 0.27% | 863,810 NS | April 30, 2026 | N-PORT |
| GXPD · Global X Funds | 0.26% | 4,101 NS | May 31, 2026 | N-PORT |
| EVUS · iShares Trust | 0.25% | 27,728 SH | Aug. 8, 2026 | Daily |
| IEUR · iShares Trust | 0.25% | 3,532,492 SH | Aug. 8, 2026 | Daily |
| UCC · ProShares Trust | 0.24% | 890 NS | May 31, 2026 | N-PORT |
| VGK · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.24% | 15,037,684 SH | Aug. 8, 2026 | Daily |
| IMCV · iShares Trust | 0.23% | 77,557 SH | Aug. 8, 2026 | Daily |
| ESGD · iShares Trust | 0.22% | 4,143,964 SH | Aug. 8, 2026 | Daily |
| TMFE · RBB Fund, Inc. | 0.22% | 5,804 NS | May 31, 2026 | N-PORT |