Tractor Supply Company (TSCO) — Tangible Net Worth Ratio
Tractor Supply Company (TSCO) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($2.58 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore TSCO year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tractor Supply Company Tangible Net Worth Ratio (1993–2025)
This chart shows how Tractor Supply Company's Tangible Net Worth Ratio has changed across 33 annual periods from 1993 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of $2.58 Billion with intangible assets of $0.00 USD. For live market cap and overall valuation, see market cap of Tractor Supply Company.
Annual Tangible Net Worth Ratio for Tractor Supply Company (1993–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Tractor Supply Company from 1993 to 2025, covering 33 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore TSCO capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $2.58 Billion | $0.00 | $10.93 Billion | ▲ +1.0 pp |
| 2024 | 99.0% | $2.27 Billion | $23.10 Million | $9.81 Billion | ▲ +0.1 pp |
| 2023 | 98.9% | $2.15 Billion | $23.10 Million | $9.19 Billion | ▲ +0.1 pp |
| 2022 | 98.9% | $2.04 Billion | $23.10 Million | $8.49 Billion | ▲ +0.0 pp |
| 2021 | 98.8% | $2.00 Billion | $23.10 Million | $7.77 Billion | ▲ +0.0 pp |
| 2020 | 98.8% | $1.92 Billion | $23.10 Million | $7.05 Billion | ▲ +0.8 pp |
| 2019 | 98.0% | $1.57 Billion | $31.29 Million | $5.29 Billion | ▲ +0.0 pp |
| 2018 | 98.0% | $1.56 Billion | $31.30 Million | $3.09 Billion | ▲ +0.2 pp |
| 2017 | 97.8% | $1.42 Billion | $31.30 Million | $2.87 Billion | ▼ -0.1 pp |
| 2016 | 97.8% | $1.45 Billion | $31.30 Million | $2.67 Billion | ▼ -1.4 pp |
| 2015 | 99.3% | $1.39 Billion | $10.26 Million | $2.37 Billion | ▲ +0.1 pp |
| 2014 | 99.2% | $1.29 Billion | $10.26 Million | $2.03 Billion | ▲ +0.0 pp |
| 2013 | 99.2% | $1.25 Billion | $10.26 Million | $1.90 Billion | ▲ +0.2 pp |
| 2012 | 99.0% | $1.02 Billion | $10.26 Million | $1.71 Billion | ▲ +0.0 pp |
| 2011 | 99.0% | $1.01 Billion | $10.26 Million | $1.59 Billion | ▲ +0.1 pp |
| 2010 | 98.9% | $933.24 Million | $10.26 Million | $1.46 Billion | ▲ +0.3 pp |
| 2009 | 98.6% | $733.20 Million | $10.26 Million | $1.23 Billion | ▲ +0.3 pp |
| 2008 | 98.3% | $610.13 Million | $10.26 Million | $1.08 Billion | ▲ +0.1 pp |
| 2007 | 98.2% | $565.34 Million | $10.26 Million | $1.06 Billion | ▼ -0.1 pp |
| 2006 | 98.3% | $598.90 Million | $10.29 Million | $1.01 Billion | ▲ +0.9 pp |
| 2005 | 97.4% | $477.70 Million | $12.44 Million | $814.79 Million | ▼ -2.6 pp |
| 2004 | 100.0% | $370.58 Million | $0.00 | $678.49 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $295.38 Million | $0.00 | $536.21 Million | ▲ +0.0 pp |
| 2002 | 100.0% | $227.85 Million | $0.00 | $458.92 Million | ▲ +0.0 pp |
| 2001 | 100.0% | $181.30 Million | $0.00 | $338.48 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $155.04 Million | $0.00 | $332.30 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $138.30 Million | $0.00 | $302.60 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $120.00 Million | $0.00 | $264.60 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $104.90 Million | $0.00 | $224.10 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $94.80 Million | $0.00 | $195.60 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $83.50 Million | $0.00 | $174.10 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $73.70 Million | $0.00 | $146.20 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $23.20 Million | $0.00 | $116.80 Million | — |