Tractor Supply Company (TSCO) vs Ulta Beauty, Inc. (ULTA)
ULTA leads on 11 of 16 compared metrics, though TSCO is the cheaper stock.
A side-by-side comparison of Tractor Supply Company and Ulta Beauty, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
TSCO
Tractor Supply Company
$31.25Consumer Cyclical
ULTA
Ulta Beauty, Inc.
$467.74Consumer Cyclical
Total return — TSCO vs ULTA
growth of $100 · last 19yTSCO +1395.2%ULTA +1468.5%ULTA compounded faster
TSCO ULTA
TSCO vs ULTA: by the numbers
- •ULTA is the larger company ($20.11B vs $16.39B market cap).
- •TSCO trades at the lower earnings multiple (15.32 vs 17.53 P/E).
- •ULTA converts more revenue to profit (9.36% vs 6.91% net margin).
- •ULTA grew revenue faster over the past five years (12.93% vs 6.44% CAGR).
- •TSCO pays a dividend (3.01% yield) while ULTA does not currently pay one.
Which is better, TSCO or ULTA?
Metric tally: TSCO 5 · ULTA 11It depends on what you're optimizing for:
ValueTSCO(lower P/E)
GrowthULTA(faster 5Y revenue CAGR)
QualityULTA(higher ROIC)
Valuation
| Metric | TSCO | ULTA |
|---|---|---|
| P/E ratio | 15.32● | 17.53 |
| Forward P/E | 13.57● | 14.65 |
| P/S ratio | 1.05● | 1.62 |
| P/B ratio | 6.57● | 7.97 |
| PEG ratio | 25.47 | 22.87● |
| EV / EBITDA | 11.62● | 12.53 |
| FCF yield | 3.35% | 5.10%● |
Profitability
| Metric | TSCO | ULTA |
|---|---|---|
| Gross margin | 32.46% | 39.33%● |
| Operating margin | 9.28% | 12.54%● |
| Net margin | 6.91% | 9.36%● |
| ROE | 43.01% | 46.06%● |
| ROIC | 13.11% | 22.76%● |
Dividends
| Metric | TSCO | ULTA |
|---|---|---|
| Dividend yield | 3.01% | — |
| Payout ratio | 45.41% | — |
Growth (annualized)
| Metric | TSCO | ULTA |
|---|---|---|
| Revenue CAGR (5Y) | 6.44% | 12.93%● |
| EPS CAGR (5Y) | 14.09% | 52.49%● |
| FCF CAGR (5Y) | -13.18% | 0.55%● |
| Total return CAGR (5Y) | -1.52% | 6.68%● |
Frequently asked
- Which is better, TSCO or ULTA?
- It depends on your goal. value: TSCO (lower P/E); growth: ULTA (faster 5Y revenue CAGR); quality: ULTA (higher ROIC). Across all compared metrics, ULTA leads 11 to 5.
- Is TSCO or ULTA cheaper?
- On trailing earnings, TSCO is cheaper: TSCO trades at a 15.32 P/E and ULTA at 17.53.
- Which has grown faster, TSCO or ULTA?
- Over the past five years, ULTA grew revenue faster — TSCO at a 6.44% CAGR versus ULTA at 12.93%.
- Does TSCO or ULTA pay a bigger dividend?
- TSCO pays a dividend (3.01% yield) while ULTA does not currently pay one.
- Is TSCO or ULTA more profitable?
- ULTA runs the higher net margin — TSCO at 6.91% versus ULTA at 9.36%.
- Which has been the better investment, TSCO or ULTA?
- Over the past 10-year, TSCO delivered the higher annualized total return — TSCO at 7.03% versus ULTA at 6.90%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Tractor Supply P/E ratioUlta Beauty P/E ratioTractor Supply dividend yieldUlta Beauty dividend yieldTractor Supply ROEUlta Beauty ROETractor Supply operating marginUlta Beauty operating marginTractor Supply revenue growthUlta Beauty revenue growthTractor Supply free cash flowUlta Beauty free cash flow
Tractor Supply & Ulta Beauty appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.