Company / SG&A Expense
Tractor Supply SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$3.7B
FY2025
5-year range
$2.9B / $3.7B
FY2021-FY2025
Trend
+6.1%
vs FY2024
Sector context
#21 of 212
Consumer Discretionary
What the data says
Among 212 Consumer Discretionary companies, Tractor Supply is in the bottom 10% for sg&a expense. SG&A Expense has increased for 9 consecutive years, from $1.5B in FY2016 to $3.7B in FY2025.
Based on SEC 10-K filings.
$3.7B in FY2025 with a 5-year CAGR of +8.3%. Top quartile in the Consumer Discretionary sector.
Increased from $3.4B to $3.7B over the past 2 years.
Consumer Discretionary sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +5.0%
- 5-Year CAGR
- +8.3%
- 10-Year CAGR
- -
Sector benchmark
+141.9% above sector average
Key checks
Key Insights
- Tractor Supply's sg&a expense has grown for 9 consecutive years.
- 5-year CAGR of +8.3%, indicating consistent growth.
- In FY2025, sg&a expense increased 6.1% year-over-year.
- Ranks #21 out of 212 companies in the Consumer Discretionary sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 43.0%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.7B | +6.1% |
| FY2024 | $3.5B | +3.7% |
| FY2023 | $3.4B | +5.1% |
| FY2022 | $3.2B | +10.1% |
| FY2021 | $2.9B | +17.0% |
| FY2020 | $2.5B | +28.3% |
| FY2019 | $1.9B | +6.0% |
| FY2018 | $1.8B | +11.2% |
| FY2017 | $1.6B | +10.2% |
| FY2016 | $1.5B | +8.7% |
As of FY2025 · SEC 10-K · Updated Mar 17, 2026