The Very Best of Travis Tritt received four-and-a-half stars from Jason Birchmeier of Allmusic. Birchmeier's review states that "it's difficult to envision a better-compiled Warner Brothers-era single-disc collection of Tritt's music." Jolene Downs of About.com gave the album five stars and says that the album "showcases Tritt's incredible talents not only as a songwriter but as a very versatile vocalist."
The Very Best of Travis Tritt peaked at number 21 on the U.S. BillboardTop Country Albums chart and number 124 on the Billboard 200. As of April 2015, The Very Best of Travis Tritt has sold 506,100 copies in the United States.