NIO
NIO Inc.
NIO offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
TSCO
Tractor Supply Company
TSCO has the edge over NIO overall, supported by stronger valuation and lower modeled downside.
NIO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Stable | |
| Unavailable |
NIO's revenue is currently strong, and its profitability and cash flow are stable. There isn't enough data to rate its balance sheet.
TSCO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Under pressure | |
| Healthy |
TSCO's profitability and balance sheet are currently healthy, and its revenue is stable, but its cash flow is under pressure.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
TSCO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 11x | $36.63 | — |
| Forward | 18x | $36.63 | — |
| Cheap | 20x | $70.96 | +94% |
| Fair | 24x | $85.13 | +132% |
| Expensive | 27x | $94.49 | +158% |
Historical ranges are pointers, not guarantees.
TSCO's PE is in its cheap range at 11x. On analysts' estimates for next year's earnings, today's price would be 18x.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
NIO has the edge over TSCO on the outlook, with more favorable earnings and revenue expectations.
TSCO Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect TSCO's earnings, revenue and profitability to hold roughly steady.
NIO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.29 | +$1.45 |
| Q1 2026 | -$0.60 | +$1.16 |
| Q4 2025 | -$1.06 | +$0.60 |
| Q3 2025 | -$1.59 | +$0.02 |
| Q2 2025 | -$1.74 | -$0.10 |
| Q1 2025 | -$1.76 | +$0.06 |
| Q4 2024 | -$1.66 | +$0.21 |
| Q3 2024 | -$1.61 | +$0.32 |
NIO is still losing money, but far less than before: $0.29 per share over the past year, against $1.93 at its worst in late 2023.
TSCO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.02 | -42% |
| Q3 2026 | $3.49 | +68% |
| Q2 2026 | $3.55 | +74% |
| Q1 2026 | $3.67 | +83% |
| Q4 2025 | $3.70 | +81% |
| Q3 2025 | $2.08 | +1% |
| Q2 2025 | $2.04 | -1.4% |
| Q1 2025 | $2.01 | -2% |
| Q4 2024 | $2.04 | +1% |
TSCO has the edge over NIO on earnings quality, reporting a profit while its opponent remains loss making.
NIO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.8B | +69% |
| Q1 2026 | $3.8B | +112% |
| Q4 2025 | $5.2B | +76% |
| Q3 2025 | $3.3B | +17% |
| Q2 2025 | $2.9B | +9% |
| Q1 2025 | $1.8B | +21% |
| Q4 2024 | $3B | +15% |
| Q3 2024 | $2.8B | -2.1% |
NIO's revenue has grown year over year for seven quarters in a row: $4.8B last quarter, up 69% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -2.1% | +24 points |
| Q1 2026 | -1.2% | +52 points |
| Q4 2025 | 2.3% | +33 points |
| Q3 2025 | -16% | +12 points |
| Q2 2025 | -26% | +4 points |
| Q1 2025 | -53% | +1.1 points |
| Q4 2024 | -31% | +8.1 points |
| Q3 2024 | -28% | -2.6 points |
NIO's operating margin was −2.1% last quarter, up 24 points from the same quarter a year ago.
TSCO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.9B | +5.1% |
| Q2 2026 | $4.5B | +2.3% |
| Q1 2026 | $3.6B | +3.6% |
| Q4 2025 | $3.9B | +3.3% |
| Q3 2025 | $3.7B | +7.2% |
| Q2 2025 | $4.4B | +4.5% |
| Q1 2025 | $3.5B | +2.1% |
| Q4 2024 | $3.8B | +3.1% |
TSCO's revenue has grown year over year for 11 quarters in a row: $3.9B last quarter, up 5.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 7.9% | -1.3 points |
| Q2 2026 | 10% | -2.7 points |
| Q1 2026 | 6.5% | -0.7 points |
| Q4 2025 | 7.6% | -0.8 points |
| Q3 2025 | 9.2% | -0.1 points |
| Q2 2025 | 13% | -0.2 points |
| Q1 2025 | 7.2% | -0.6 points |
| Q4 2024 | 8.4% | -0.7 points |
TSCO has the edge over NIO on profitability, with a higher operating margin.
NIO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | +$2.1B |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | +$391.3M |
| Q3 2025 | $0 | $0 |
| Q2 2025 | -$2.1B | +$73.9M |
| Q1 2025 | $0 | $0 |
| Q4 2024 | -$391.3M | -386% |
| Q2 2024 | -$2.2B | +$337.9M |
NIO has the edge over TSCO on cash flow, with more consistent year-over-year improvement.
TSCO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $13.6M | -55% |
| Q2 2026 | $328.9M | -43% |
| Q1 2026 | -$111.5M | -248% |
| Q4 2025 | $59.3M | -78% |
| Q3 2025 | $30.3M | +$132.2M |
| Q2 2025 | $575.4M | +57% |
| Q1 2025 | $75.5M | -25% |
| Q4 2024 | $271.2M | +61% |
TSCO still generates free cash flow, though less than at its 2020 peak: $290M over the past year.
NIO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +15.6M shares |
| 1 year | +12% | +267M shares |
| 3 years | +51% | +844M shares |
| 5 years | +60% | +933M shares |
| Available history | +143% | +1.5B shares |
NIO has 2.5B diluted shares, up 12% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
NIO hasn't bought back shares in the past year.
TSCO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -3.1M shares |
| 1 year | -2% | -10.6M shares |
| 3 years | -4.6% | -25.2M shares |
| 5 years | -9.5% | -54.5M shares |
| Available history | -14% | -82.2M shares |
TSCO has the edge over NIO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $89.1M |
| Q2 2026 | $135.6M |
| Q1 2026 | $118M |
| Q4 2025 | $117.3M |
| Q3 2025 | $74M |
| Q2 2025 | $72.8M |
| Q1 2025 | $95.1M |
| Q4 2024 | $154M |
TSCO spent $460M buying back its own shares over the past year, up 16% from the year before.
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
TSCO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.1x | Healthy |
| Q2 2026 | 1.0x | Healthy |
| Q1 2026 | 1.0x | Very low |
| Q4 2025 | 0.8x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 1.0x | Very low |
| Q4 2024 | 0.8x | Very low |
TSCO's net debt is about 1.1 years of its operating earnings (EBITDA), up from less than a year a year ago.
NIO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.7 | Neutral |
| Stochastic | 6.9 | Oversold |
NIO's weekly RSI is 31 (neutral) and its Stochastic is 7 (oversold).
TSCO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.6 | Neutral |
| Stochastic | 76.3 | Neutral |
TSCO's weekly RSI is 55 (neutral) and its Stochastic is 76 (neutral).
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
TSCO PE vs Consumer Cyclical Sector
| Metric | TSCO | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 18x | 42% below |
| PE % | 8 | 47 | 39 pts below |
TSCO is trading at 11x earnings, a 42% discount to the Consumer Cyclical sector's median of 18x.
NIO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.36 | 9.2% below |
| 20 week MA | $4.01 | 24% below |
| 50 week MA | $4.81 | 37% below |
| 100 week MA | $4.85 | 37% below |
| 200 week MA | $6.03 | 49% below |
NIO is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
TSCO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $33.8 | 8.3% above |
| 20 week MA | $33.3 | 10% above |
| 50 week MA | $39.8 | 7.9% below |
| 100 week MA | $47.3 | 23% below |
| 200 week MA | $47.9 | 23% below |
TSCO has the edge over NIO on trend strength, trading above more of its moving averages.
NIO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.42 | $45.8 | +1791% |
| 2021 | $45.8 | $30.5 | -33% |
| 2022 | $30.5 | $11.0 | -64% |
| 2023 | $11.0 | $9.07 | -17% |
| 2024 | $9.07 | $4.48 | -51% |
| 2025 | $4.48 | $5.10 | +14% |
| 2026 YTD | $5.10 | $3.05 | -40% |
NIO's yearly returns have swung widely, from +1791% in 2020 to −64% in 2022. It's down 40% so far in 2026.
TSCO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $18.5 | $29.4 | +59% |
| 2021 | $29.4 | $45.7 | +55% |
| 2022 | $45.7 | $43.4 | -4.9% |
| 2023 | $43.4 | $43.0 | -0.9% |
| 2024 | $43.0 | $54.6 | +27% |
| 2025 | $54.6 | $51.4 | -5.8% |
| 2026 YTD | $51.4 | $36.6 | -29% |
TSCO has the edge over NIO on returns for 2026, with the stronger performance.