• Tractor Supply average ebit margin for 2023 was 10.02%, a 1.38% increase from 2022.
• Tractor Supply average ebit margin for 2022 was 10.16%, a 2.94% decline from 2021.
• Tractor Supply average ebit margin for 2021 was 9.87%, a 3.46% increase from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues