Tractor Supply Company

Halal Rating :
Comfortable
Last Price $54.8
Market Cap $29.04b
1D Change

0.0 %

1 Year Change

-75.61 %

Next Earnings Date

Yet to be announced

Company Overview

Tractor Supply Company operates as a rural lifestyle retailer in the United States. As of December 25, 2021, it operated 2,003 stores in 49 states, as well as 177 Petsense stores in 23 states. The company sells its products to recreational farmers, ranchers, and others.

Revenue Sources

Pass

After reviewing Tractor Supply Company's revenue sources, their primary income streams come from the sale of agricultural supplies, home improvement products, pet supplies, and clothing. None of these core business activities involve haram products or services like alcohol, tobacco, gambling, or adult entertainment.

While they do sell livestock feed and pet food products, these are permissible as they are meant for animal consumption and do not contain pork-based ingredients for human consumption.

Reliance on Interest

Pass
Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 28, 2024 $3.47b $3.16b - $13.88m 0.00% 0.44%
June 29, 2024 $4.25b $3.7b - $11.61m 0.00% 0.31%
March 30, 2024 $3.39b $3.14b - $11.9m 0.00% 0.38%
Dec. 30, 2023 $3.66b $3.34b - $11.95m 0.00% 0.36%

Analysis of the last four quarters shows that interest expenses remain consistently low relative to total expenses. The interest expense ratios calculated for each quarter demonstrate that interest expenses represent a small portion of the company's total expenses, staying well below the 5% threshold that would indicate material reliance on interest-bearing debt.

Operational Ethics

Pass

Based on available information from SEC filings and company reports, Tractor Supply Company primarily operates in the United States, with their retail locations and distribution centers located within the country. There is no evidence of significant business relationships or ongoing projects with entities involved in human rights violations, including Israel or the Chinese Communist Party.

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