• Tractor Supply average net profit margin for 2023 was 7.55%, a 2.08% decline from 2022.
• Tractor Supply average net profit margin for 2022 was 7.71%, a 2.66% decline from 2021.
• Tractor Supply average net profit margin for 2021 was 7.51%, a 4.31% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.