Tractor Stock Based Compensation from 2010 to 2024

TSCO Stock  USD 281.96  1.77  0.63%   
Tractor Supply Stock Based Compensation yearly trend continues to be very stable with very little volatility. Stock Based Compensation is likely to grow to about 59.9 M this year. Stock Based Compensation is compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders. View All Fundamentals
 
Stock Based Compensation  
First Reported
2005-03-31
Previous Quarter
10.7 M
Current Value
10 M
Quarterly Volatility
4.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tractor Supply financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tractor Supply's main balance sheet or income statement drivers, such as Depreciation And Amortization of 412.7 M, Interest Expense of 48.8 M or Total Revenue of 15.3 B, as well as many indicators such as Price To Sales Ratio of 1.67, Dividend Yield of 0.0155 or PTB Ratio of 11.59. Tractor financial statements analysis is a perfect complement when working with Tractor Supply Valuation or Volatility modules.
  
Check out the analysis of Tractor Supply Correlation against competitors.
To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.

Latest Tractor Supply's Stock Based Compensation Growth Pattern

Below is the plot of the Stock Based Compensation of Tractor Supply over the last few years. It is compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders. Tractor Supply's Stock Based Compensation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tractor Supply's overall financial position and show how it may be relating to other accounts over time.
Stock Based Compensation10 Years Trend
Slightly volatile
   Stock Based Compensation   
       Timeline  

Tractor Stock Based Compensation Regression Statistics

Arithmetic Mean30,014,383
Coefficient Of Variation59.48
Mean Deviation14,224,593
Median28,921,000
Standard Deviation17,852,561
Sample Variance318.7T
Range60.3M
R-Value0.97
Mean Square Error21.7T
R-Squared0.94
Slope3,863,508
Total Sum of Squares4462T

Tractor Stock Based Compensation History

202459.9 M
202357 M
202253.8 M
202147.6 M
202037.3 M
201931.1 M
201828.9 M

Other Fundumenentals of Tractor Supply

Tractor Supply Stock Based Compensation component correlations

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About Tractor Supply Financial Statements

Tractor Supply investors utilize fundamental indicators, such as Stock Based Compensation, to predict how Tractor Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Stock Based Compensation57 M59.9 M

Pair Trading with Tractor Supply

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tractor Supply position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tractor Supply will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Tractor Supply could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tractor Supply when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tractor Supply - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tractor Supply to buy it.
The correlation of Tractor Supply is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tractor Supply moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tractor Supply moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tractor Supply can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Tractor Supply offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tractor Supply's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tractor Supply Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tractor Supply Stock:
Check out the analysis of Tractor Supply Correlation against competitors.
To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tractor Supply. If investors know Tractor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tractor Supply listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
4.33
Earnings Share
10.29
Revenue Per Share
137.078
Quarterly Revenue Growth
0.016
The market value of Tractor Supply is measured differently than its book value, which is the value of Tractor that is recorded on the company's balance sheet. Investors also form their own opinion of Tractor Supply's value that differs from its market value or its book value, called intrinsic value, which is Tractor Supply's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tractor Supply's market value can be influenced by many factors that don't directly affect Tractor Supply's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tractor Supply's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tractor Supply is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tractor Supply's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.