Tractor Historical Financial Ratios
| TSCO Stock | USD 54.36 0.09 0.17% |
Tractor Supply is promptly reporting on over 110 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Operating Cash Flow Per Share of 2.56, Stock Based Compensation To Revenue of 0.0028, Capex To Depreciation of 2.33 or Pb Ratio of 11.59 will help investors to properly organize and evaluate Tractor Supply financial condition quickly.
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About Tractor Financial Ratios Analysis
Tractor SupplyFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Tractor Supply investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Tractor financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Tractor Supply history.
Tractor Supply Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Tractor Supply stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Tractor Supply sales, a figure that is much harder to manipulate than other Tractor Supply multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Tractor Supply dividend as a percentage of Tractor Supply stock price. Tractor Supply dividend yield is a measure of Tractor Supply stock productivity, which can be interpreted as interest rate earned on an Tractor Supply investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Tractor Supply's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Tractor Supply current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tractor Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.At this time, Tractor Supply's PB Ratio is very stable compared to the past year. As of the 1st of February 2025, Free Cash Flow Per Share is likely to grow to 1.10, while Stock Based Compensation To Revenue is likely to drop 0.
| 2016 | 2021 | 2022 | 2025 (projected) | Dividend Yield | 0.0121 | 0.0161 | 0.0164 | 0.0172 | Price To Sales Ratio | 1.49 | 1.97 | 1.76 | 1.85 |
Tractor Supply fundamentals Correlations
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Tractor Supply Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.Moving together with Tractor Stock
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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tractor Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Tractor Stock, please use our How to Invest in Tractor Supply guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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) | Earnings Share 2.06 | Revenue Per Share | Quarterly Revenue Growth 0.016 | Return On Assets |
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.