TSCO vs. ULTA: Tractor Supply vs. Ulta Beauty Stock Comparison

November 11, 2026

How do Tractor Supply (TSCO) and Ulta Beauty (ULTA) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Tractor Supply (TSCO) and Ulta Beauty (ULTA) are both classified in the Other Specialty Retail sub-industry within the broader Specialty Retail industry, placing them in the closest GICS peer bucket.

Company profile comparison for Tractor Supply (TSCO) and Ulta Beauty (ULTA)
Profile Item	TSCO	ULTA
Name	Tractor Supply Company	Ulta Beauty, Inc.
Country/Region	United States	United States
GICS Sector	Consumer Discretionary	Consumer Discretionary
GICS Industry Group	Consumer Discretionary Distribution & Retail	Consumer Discretionary Distribution & Retail
GICS Industry	Specialty Retail	Specialty Retail
GICS Sub-Industry	Other Specialty Retail	Other Specialty Retail
Market Capitalization	18.85 billion USD	27.57 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	February 17, 1994	October 25, 2007
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

TSCO

ULTA

GSPC

Tractor Supply (TSCO) vs. Ulta Beauty (ULTA), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Tractor Supply (TSCO) and Ulta Beauty (ULTA). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Tractor Supply (TSCO) and Ulta Beauty (ULTA). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Tractor Supply (TSCO) and Ulta Beauty (ULTA)
Metric	TSCO	ULTA
Total Return (1Y)	-28.95%	29.08%
Total Return (3Y, Annualized)	0.75%	19.79%
Total Return (5Y, Annualized)	-1.33%	11.09%

Risk Profile

Drawdown History

TSCO

ULTA

GSPC

Tractor Supply (TSCO) vs. Ulta Beauty (ULTA), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Tractor Supply (TSCO) and Ulta Beauty (ULTA). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Tractor Supply (TSCO) is heavily traded at around 11.58M shares per day, whereas Ulta Beauty (ULTA) sees a more moderate 548.94K — larger orders in the latter may require more patience and tighter control over order sizing.

Risk profile metrics for Tractor Supply (TSCO) and Ulta Beauty (ULTA)
Metric	TSCO	ULTA
Volatility (1Y, Annualized)	34.78%	36.05%
Beta (5Y)	0.45	0.82
Max Drawdown (5Y)	-52.69%	-44.56%
Avg. Volume (3M)	11.58M	548.94K

Risk-Adjusted Performance

Risk-Return Positioning

TSCO and ULTA are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Tractor Supply (TSCO) and Ulta Beauty (ULTA)
Metric	TSCO	ULTA
Sharpe Ratio (1Y)	-0.96	0.69
Sortino Ratio (1Y)	-1.26	1.01

Profitability

ROE (TTM)

Both Tractor Supply (TSCO) at 37.35% and Ulta Beauty (ULTA) at 46.12% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

TSCO

Consumer Discretionary Distribution & Retail industry group

37.35%

Max: 62.17%
TSCO: 37.35%
Q3: 29.44%
Median: 15.69%
Q1: 6.73%
Min: -12.16%

ULTA

Consumer Discretionary Distribution & Retail industry group

46.12%

Max: 62.17%
ULTA: 46.12%
Q3: 29.44%
Median: 15.69%
Q1: 6.73%
Min: -12.16%

Tractor Supply (TSCO) vs. Ulta Beauty (ULTA): A comparison of their ROE against the Consumer Discretionary Distribution & Retail industry group benchmark.

Net Margin (TTM)

Ulta Beauty (ULTA) at 9.34% retains a top-quartile share of revenue as profit, ahead of Tractor Supply (TSCO) at 6.13%, which keeps about the industry-typical share.

TSCO

Consumer Discretionary Distribution & Retail industry group

6.13%

Max: 16.94%
Q3: 8.69%
TSCO: 6.13%
Median: 3.55%
Q1: 1.14%
Min: -9.41%

ULTA

Consumer Discretionary Distribution & Retail industry group

9.34%

Max: 16.94%
ULTA: 9.34%
Q3: 8.69%
Median: 3.55%
Q1: 1.14%
Min: -9.41%

Tractor Supply (TSCO) vs. Ulta Beauty (ULTA): A comparison of their net margin against the Consumer Discretionary Distribution & Retail industry group benchmark.

Operating Margin (TTM)

Ulta Beauty (ULTA) at 12.51% operates in the top operating margin quartile, ahead of Tractor Supply (TSCO) at 7.87%, which runs around its industry’s norm.

TSCO

Consumer Discretionary Distribution & Retail industry group

7.87%

Max: 21.45%
Q3: 10.89%
TSCO: 7.87%
Median: 5.57%
Q1: 2.28%
Min: -7.12%

ULTA

Consumer Discretionary Distribution & Retail industry group

12.51%

Max: 21.45%
ULTA: 12.51%
Q3: 10.89%
Median: 5.57%
Q1: 2.28%
Min: -7.12%

Tractor Supply (TSCO) vs. Ulta Beauty (ULTA): A comparison of their operating margin against the Consumer Discretionary Distribution & Retail industry group benchmark.

Profitability Metrics

Profitability metrics for Tractor Supply (TSCO) and Ulta Beauty (ULTA)
Metric	TSCO	ULTA
ROE (TTM)	37.35%	46.12%
ROA (TTM)	7.50%	14.84%
Net Margin (TTM)	6.13%	9.34%
Operating Margin (TTM)	7.87%	12.51%
Gross Margin (TTM)	36.29%	43.10%

Growth

Revenue Growth

Both Tractor Supply (TSCO) at 4.31% and Ulta Beauty (ULTA) at 9.71% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Tractor Supply (TSCO) vs. Ulta Beauty (ULTA): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Tractor Supply (TSCO) at 0.98% and Ulta Beauty (ULTA) at 1.18% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Tractor Supply (TSCO) vs. Ulta Beauty (ULTA): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Tractor Supply (TSCO) and Ulta Beauty (ULTA)
Metric	TSCO	ULTA
Revenue Growth (YoY)	4.31%	9.71%
Revenue Growth (3Y CAGR)	3.00%	6.68%
EPS Growth (YoY)	0.98%	1.18%
EPS Growth (3Y CAGR)	1.99%	2.21%

Financial Strength

Current Ratio (MRQ)

Both Tractor Supply (TSCO) at 1.38 and Ulta Beauty (ULTA) at 1.35 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

TSCO

Consumer Discretionary Distribution & Retail industry group

1.38

Max: 2.62
Q3: 1.75
TSCO: 1.38
Median: 1.35
Q1: 1.00
Min: 0.48

ULTA

Consumer Discretionary Distribution & Retail industry group

1.35

Max: 2.62
Q3: 1.75
Median: 1.35
ULTA: 1.35
Q1: 1.00
Min: 0.48

Tractor Supply (TSCO) vs. Ulta Beauty (ULTA): A comparison of their current ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

Debt / Equity (MRQ)

Ulta Beauty (ULTA) at 0.95 carries an industry-typical debt-to-equity mix, while Tractor Supply (TSCO) at 2.53 uses more debt funding than most peers.

TSCO

Consumer Discretionary Distribution & Retail industry group

2.53

Max: 3.93
TSCO: 2.53
Q3: 2.14
Median: 1.25
Q1: 0.73
Min: 0.01

ULTA

Consumer Discretionary Distribution & Retail industry group

0.95

Max: 3.93
Q3: 2.14
Median: 1.25
ULTA: 0.95
Q1: 0.73
Min: 0.01

Tractor Supply (TSCO) vs. Ulta Beauty (ULTA): A comparison of their debt-to-equity ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Tractor Supply (TSCO) and Ulta Beauty (ULTA)
Metric	TSCO	ULTA
Current Ratio (MRQ)	1.38	1.35
Debt / Equity (MRQ)	2.53	0.95
Net Debt / EBITDA	3.42	1.19

Dividends

Dividend Yield (TTM)

Ulta Beauty (ULTA) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Tractor Supply (TSCO) reports a yield of 2.59%, ranking against industry peers normally.

TSCO

Consumer Discretionary Distribution & Retail industry group

2.59%

Max: 5.84%
TSCO: 2.59%
Q3: 2.50%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ULTA

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 5.84%
Q3: 2.50%
ULTA: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Tractor Supply (TSCO) vs. Ulta Beauty (ULTA): A comparison of their dividend yield against the Consumer Discretionary Distribution & Retail industry group benchmark.

Dividend Payout Ratio (TTM)

Ulta Beauty (ULTA) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Tractor Supply (TSCO) reports a payout of 51.08%, ranking against industry peers normally.

TSCO

Consumer Discretionary Distribution & Retail industry group

51.08%

Max: 72.73%
TSCO: 51.08%
Q3: 32.44%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ULTA

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 72.73%
Q3: 32.44%
ULTA: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Tractor Supply (TSCO) vs. Ulta Beauty (ULTA): A comparison of their payout ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

Dividend Metrics

Dividend metrics for Tractor Supply (TSCO) and Ulta Beauty (ULTA)
Metric	TSCO	ULTA
Dividend Yield (TTM)	2.59%	0.00%
Dividend Payout Ratio (TTM)	51.08%	0.00%

Valuation

P/E Ratio (TTM)

Both Tractor Supply (TSCO) at 19.54 and Ulta Beauty (ULTA) at 23.50 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

TSCO

Consumer Discretionary Distribution & Retail industry group

19.54

Max: 40.50
Q3: 24.26
TSCO: 19.54
Median: 19.23
Q1: 12.64
Min: 4.67

ULTA

Consumer Discretionary Distribution & Retail industry group

23.50

Max: 40.50
Q3: 24.26
ULTA: 23.50
Median: 19.23
Q1: 12.64
Min: 4.67

Tractor Supply (TSCO) vs. Ulta Beauty (ULTA): A comparison of their P/E ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

P/S Ratio (TTM)

Tractor Supply (TSCO) at 1.18 is priced about in line with its industry on P/S ratio, while Ulta Beauty (ULTA) at 2.13 sits in the pricier quartile — ULTA costs more per dollar of sales.

TSCO

Consumer Discretionary Distribution & Retail industry group

1.18

Max: 4.32
Q3: 1.99
TSCO: 1.18
Median: 0.70
Q1: 0.26
Min: 0.03

ULTA

Consumer Discretionary Distribution & Retail industry group

2.13

Max: 4.32
ULTA: 2.13
Q3: 1.99
Median: 0.70
Q1: 0.26
Min: 0.03

Tractor Supply (TSCO) vs. Ulta Beauty (ULTA): A comparison of their P/S ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

P/B Ratio (MRQ)

Both Tractor Supply (TSCO) at 7.10 and Ulta Beauty (ULTA) at 10.44 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

TSCO

Consumer Discretionary Distribution & Retail industry group

7.10

Max: 10.96
TSCO: 7.10
Q3: 5.26
Median: 2.16
Q1: 1.08
Min: -4.45

ULTA

Consumer Discretionary Distribution & Retail industry group

10.44

Max: 10.96
ULTA: 10.44
Q3: 5.26
Median: 2.16
Q1: 1.08
Min: -4.45

Tractor Supply (TSCO) vs. Ulta Beauty (ULTA): A comparison of their P/B ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

Valuation Metrics

Valuation metrics for Tractor Supply (TSCO) and Ulta Beauty (ULTA)
Metric	TSCO	ULTA
P/E Ratio (TTM)	19.54	23.50
P/S Ratio (TTM)	1.18	2.13
P/B Ratio (MRQ)	7.10	10.44
Free Cash Flow Yield (TTM)	0.67%	3.32%