• Tractor Supply average ebitda margin for 2023 was 12.63%, a 1.04% increase from 2022.
• Tractor Supply average ebitda margin for 2022 was 12.5%, a 4.95% increase from 2021.
• Tractor Supply average ebitda margin for 2021 was 11.91%, a 1.53% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.