• Tractor Supply average pre-tax profit margin for 2023 was 9.78%, a 1.11% decline from 2022.
• Tractor Supply average pre-tax profit margin for 2022 was 9.89%, a 2.81% decline from 2021.
• Tractor Supply average pre-tax profit margin for 2021 was 9.62%, a 2.67% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.