tennant co. - TNC

TNC

Close Chg Chg %
75.32 0.19 0.25%

Closed Market

75.51

+0.19 (0.25%)

Volume: 34.13K

Last Updated:

Dec 24, 2025, 12:59 PM EDT

Company Overview: tennant co. - TNC

TNC Key Data

Open

$76.05

Day Range

74.67 - 76.05

52 Week Range

67.32 - 90.44

Market Cap

$1.37B

Shares Outstanding

18.13M

Public Float

17.84M

Beta

1.05

Rev. Per Employee

N/A

P/E Ratio

25.80

EPS

$2.96

Yield

158.55%

Dividend

$0.31

EX-DIVIDEND DATE

Nov 28, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

159.71K

 

TNC Performance

1 Week
 
1.06%
 
1 Month
 
3.06%
 
3 Months
 
-6.45%
 
1 Year
 
-6.70%
 
5 Years
 
8.40%
 

TNC Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 3
Full Ratings ➔

About tennant co. - TNC

Tennant Co. engages in the design, manufacture, and marketing of cleaning solutions. Its products include equipment for maintaining surfaces in industrial, commercial, and outdoor environments, detergent-free and other sustainable cleaning technologies, cleaning tools and supplies, and coatings for protecting, repairing and upgrading surfaces. It operates through the following geographic segments: Americas, Europe, Middle East, and Africa, and Asia Pacific. The company was founded by George Henry Tennant in 1870 and is headquartered in Eden Prairie, MN.

TNC At a Glance

Tennant Co.
10400 Clean Street
Eden Prairie, Minnesota 55344-2650
Phone 1-763-540-1200 Revenue 1.29B
Industry Industrial Machinery Net Income 83.70M
Sector Producer Manufacturing 2024 Sales Growth 3.377%
Fiscal Year-end 12 / 2025 Employees 4,632
View SEC Filings

TNC Valuation

P/E Current 25.797
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 18.601
Price to Sales Ratio 1.211
Price to Book Ratio 2.447
Price to Cash Flow Ratio 17.79
Enterprise Value to EBITDA 9.704
Enterprise Value to Sales 1.332
Total Debt to Enterprise Value 0.148

TNC Efficiency

Revenue/Employee 277,547.496
Income Per Employee 18,069.948
Receivables Turnover 4.962
Total Asset Turnover 1.116

TNC Liquidity

Current Ratio 1.973
Quick Ratio 1.344
Cash Ratio 0.342

TNC Profitability

Gross Margin 42.696
Operating Margin 9.443
Pretax Margin 8.152
Net Margin 6.511
Return on Assets 7.267
Return on Equity 13.976
Return on Total Capital 9.565
Return on Invested Capital 10.122

TNC Capital Structure

Total Debt to Total Equity 40.963
Total Debt to Total Capital 29.06
Total Debt to Total Assets 21.368
Long-Term Debt to Equity 37.774
Long-Term Debt to Total Capital 26.797
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Tennant Co. - TNC

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
1.09B 1.09B 1.24B 1.29B
Sales Growth
+8.99% +0.09% +13.86% +3.38%
Cost of Goods Sold (COGS) incl D&A
652.00M 671.00M 715.10M 736.70M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
53.10M 48.70M 51.10M 55.10M
Depreciation
33.10M 32.80M 36.40M 40.10M
Amortization of Intangibles
20.00M 15.90M 14.70M 15.00M
COGS Growth
+10.19% +2.91% +6.57% +3.02%
Gross Income
439.20M 421.20M 528.50M 548.90M
Gross Income Growth
+7.25% -4.10% +25.47% +3.86%
Gross Profit Margin
+40.25% +38.56% +42.50% +42.70%
2021 2022 2023 2024 5-year trend
SG&A Expense
350.80M 333.60M 387.00M 427.50M
Research & Development
32.20M 31.10M 36.60M 43.80M
Other SG&A
318.60M 302.50M 350.40M 383.70M
SGA Growth
+4.09% -4.90% +16.01% +10.47%
Other Operating Expense
- - - -
-
Unusual Expense
(1.80M) (4.90M) 1.80M 100.00K
EBIT after Unusual Expense
90.20M 92.50M 139.70M 121.30M
Non Operating Income/Expense
(6.40M) (3.60M) 1.70M (1.20M)
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
9.70M 9.40M 17.60M 15.30M
Interest Expense Growth
-53.14% -3.09% +87.23% -13.07%
Gross Interest Expense
9.70M 9.40M 17.60M 15.30M
Interest Capitalized
- - - -
-
Pretax Income
74.10M 79.50M 123.80M 104.80M
Pretax Income Growth
+80.29% +7.29% +55.72% -15.35%
Pretax Margin
+6.79% +7.28% +9.95% +8.15%
Income Tax
9.20M 13.20M 14.30M 21.10M
Income Tax - Current - Domestic
13.00M 20.90M 32.70M 22.70M
Income Tax - Current - Foreign
11.20M 7.90M 8.50M 7.90M
Income Tax - Deferred - Domestic
500.00K (7.10M) (9.60M) (1.80M)
Income Tax - Deferred - Foreign
(15.50M) (8.50M) (17.30M) (7.70M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
64.90M 66.30M 109.50M 83.70M
Minority Interest Expense
- - - -
-
Net Income
64.90M 66.30M 109.50M 83.70M
Net Income Growth
+92.58% +2.16% +65.16% -23.56%
Net Margin Growth
+5.95% +6.07% +8.81% +6.51%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
64.90M 66.30M 109.50M 83.70M
Preferred Dividends
- - - -
-
Net Income Available to Common
64.90M 66.30M 109.50M 83.70M
EPS (Basic)
3.5082 3.5849 5.9159 4.4552
EPS (Basic) Growth
+91.03% +2.19% +65.02% -24.69%
Basic Shares Outstanding
18.50M 18.49M 18.51M 18.79M
EPS (Diluted)
3.4431 3.546 5.8295 4.3831
EPS (Diluted) Growth
+90.39% +2.99% +64.40% -24.81%
Diluted Shares Outstanding
18.85M 18.70M 18.78M 19.10M
EBITDA
141.50M 136.30M 192.60M 176.50M
EBITDA Growth
+12.39% -3.67% +41.31% -8.36%
EBITDA Margin
+12.97% +12.48% +15.49% +13.73%

Snapshot

Average Recommendation BUY Average Target Price 108.75
Number of Ratings 3 Current Quarters Estimate 1.697
FY Report Date 12 / 2025 Current Year's Estimate 5.77
Last Quarter’s Earnings 1.46 Median PE on CY Estimate N/A
Year Ago Earnings 6.57 Next Fiscal Year Estimate 6.667
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 3 3 3 3
Mean Estimate 1.70 1.38 5.77 6.67
High Estimates 1.74 1.45 5.82 6.89
Low Estimate 1.67 1.30 5.74 6.39
Coefficient of Variance 2.23 5.47 0.76 3.81

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 2
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Tennant Co. - TNC

Date Name Shares Transaction Value
Feb 26, 2025 Fay West SENIOR VP, CFO 36,304 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 Patrick W. Schottler SVP, Chief Mktg & Tech Officer 6,167 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $89.16 per share 549,849.72
Feb 26, 2025 Patrick W. Schottler SVP, Chief Mktg & Tech Officer 5,593 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 Brock R. Christianson SVP, CHIEF HR OFFICER 6,315 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 Barbara A. Balinski SVP, Chief Transf Officer 13,546 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $89.16 per share 1,207,761.36
Feb 26, 2025 Barbara A. Balinski SVP, Chief Transf Officer 14,500 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 Barbara A. Balinski SVP, Chief Transf Officer 11,605 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 Kristin A. Erickson SVP, GENERAL COUNSEL 16,596 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $89.16 per share 1,479,699.36
Feb 26, 2025 Kristin A. Erickson SVP, GENERAL COUNSEL 17,690 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 Kristin A. Erickson SVP, GENERAL COUNSEL 14,322 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 Fay West SENIOR VP, CFO 34,161 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $89.16 per share 3,045,794.76
Feb 26, 2025 Richard H. Zay CHIEF COMMERCIAL OFFICER 21,728 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 Fay West SENIOR VP, CFO 29,441 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 David W. Huml PRESIDENT AND CEO; Director 63,700 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $89.16 per share 5,679,492.00
Feb 26, 2025 David W. Huml PRESIDENT AND CEO; Director 71,529 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 David W. Huml PRESIDENT AND CEO; Director 50,704 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2025 Richard H. Zay CHIEF COMMERCIAL OFFICER N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 Richard H. Zay CHIEF COMMERCIAL OFFICER 25,770 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $87.58 per share 2,256,936.60
Feb 26, 2025 Richard H. Zay CHIEF COMMERCIAL OFFICER 32,823 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $52.42 per share 1,720,581.66
Feb 26, 2025 Richard H. Zay CHIEF COMMERCIAL OFFICER 25,770 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $89.16 per share 2,297,653.20

Tennant Co. in the News