Tennant

US · TNC #3166 by market cap

65.87 -2.30 -3.37%

Live - 5344 symbols - heartbeat 212s ago · 2026-10-07 19:54

After-hours 65.87 0.00%

Market cap: 1.12B
P/E (TTM): 63.34
P/B: 2.11
EPS: 2.36
Div yield: 1.86%
52W pos: 20%

Reader sentiment Are you bullish or bearish on TNC?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 3.12, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year -6.47% YoY

Margins

Gross margin: 40.24%
Operating margin: 5.68%
Net margin: 3.64%

Key ratios & quality

Enterprise value: 1.31B
Altman Z-Score: 3.12

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	1.12B	1.14B	1.00B	1.09B	1.09B	1.24B	1.29B	1.20B
Gross profit	445.00M	461.70M	407.80M	438.00M	420.90M	527.80M	550.00M	484.30M
Selling & admin expenses	356.30M	357.20M	314.00M	321.90M	306.30M	352.60M	391.90M	374.80M
Research & development	30.70M	32.70M	30.10M	32.20M	31.10M	36.60M	43.80M	41.20M
Operating profit	58.00M	71.80M	63.70M	83.90M	83.50M	138.60M	114.30M	68.30M
Pretax profit	35.80M	54.00M	41.10M	74.10M	79.50M	123.80M	104.80M	57.90M
Tax	2.30M	8.10M	7.40M	9.20M	13.20M	14.30M	21.10M	14.10M
Net profit	33.50M	45.90M	33.70M	64.90M	66.30M	109.50M	83.70M	43.80M
Basic EPS	2	3	2	4	4	6	4	2
Diluted EPS	1.82	2.48	1.81	3.44	3.55	5.83	4.38	2.36

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	290.00M	318.60M	303.30M	291.60M	297.90M	324.00M
Gross profit	120.00M	134.10M	129.40M	100.80M	113.60M	127.90M
Selling & admin expenses	90.70M	93.70M	96.60M	93.80M	98.10M	99.50M
Research & development	9.70M	9.80M	10.50M	11.20M	10.60M	12.50M
Operating profit	19.60M	30.60M	22.30M	-4.20M	4.90M	15.90M
Pretax profit	17.20M	27.30M	19.40M	-6.00M	900.00K	10.30M
Tax	4.10M	7.10M	4.50M	-1.60M	700.00K	2.70M
Net profit	13.10M	20.20M	14.90M	-4.40M	200.00K	7.60M
Basic EPS	1	1	1	0	0	0
Diluted EPS	0.69	1.08	0.80	-0.23	0.01	0.44

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	468.60M	481.00M	493.60M	526.80M	575.30M	569.10M	576.60M	599.70M
Cash & ST investments	85.60M	74.10M	140.40M	123.10M	77.20M	116.90M	99.60M	106.20M
Inventory	135.10M	150.10M	127.70M	160.60M	206.60M	175.90M	183.80M	198.50M
Total assets	992.50M	1.06B	1.08B	1.06B	1.09B	1.11B	1.19B	1.27B
Total current liabilities	248.90M	274.90M	254.30M	290.30M	261.60M	273.70M	292.20M	293.10M
Short-term debt	27.00M	48.00M	27.20M	20.60M	20.20M	20.80M	19.80M	22.10M
Long-term debt	328.10M	307.50M	297.60M	263.40M	294.80M	193.70M	196.70M	272.50M
Total liabilities	676,200,000.00	701,600,000.00	676,500,000.00	626,600,000.00	613,000,000.00	535,100,000.00	568,000,000.00	665,500,000.00
Total equity	316.30M	361.30M	406.10M	435.10M	472.10M	578.30M	622.10M	603.40M
Retained earnings	316.30M	346.00M	363.30M	410.60M	458.00M	547.40M	609.70M	628.10M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	550.90M	574.60M	598.30M	599.70M	611.10M	613.80M
Cash & ST investments	79.50M	80.10M	99.40M	106.20M	82.60M	76.90M
Inventory	191.30M	195.40M	205.90M	198.50M	204.60M	201.90M
Total assets	1.18B	1.24B	1.26B	1.27B	1.28B	1.27B
Total current liabilities	257.40M	274.80M	281.50M	293.10M	288.60M	300.20M
Short-term debt	500.00K	400.00K	400.00K	22.10M	400.00K	500.00K
Long-term debt	212.50M	212.50M	237.50M	272.50M	357.50M	357.50M
Total liabilities	554,200,000.00	587,800,000.00	614,200,000.00	665,500,000.00	743,600,000.00	735,600,000.00
Total equity	626.10M	653.70M	642.70M	603.40M	533.00M	535.20M
Retained earnings	617.20M	632.00M	641.50M	628.10M	562.10M	564.40M

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	80.00M	71.90M	133.80M	69.40M	-25.10M	188.40M	89.70M	65.00M
Depreciation & amortization	54.40M	54.40M	53.40M	53.10M	48.70M	51.10M	55.10M	58.70M
Free cash flow	58.40M	33.00M	103.80M	46.30M	-54.40M	164.40M	68.30M	42.90M
Dividends paid	-15.30M	-16.00M	-16.30M	-17.50M	-18.90M	-20.10M	-21.40M	-21.90M
Stock buybacks / issuance	5.90M	6.10M	4.90M	-15.00M	-5.00M	-21.70M	-19.60M	-88.50M
Ending cash balance	86.10M	74.60M	141.00M	123.60M	77.40M	117.10M	99.80M	106.40M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	-400.00K	22.50M	28.70M	14.20M	-31.20M	5.00M
Depreciation & amortization	14.00M	14.70M	14.70M	15.30M	14.90M	15.00M
Free cash flow	-7.50M	18.60M	22.20M	9.60M	-34.50M	-400.00K
Dividends paid	-5.60M	-5.40M	-5.40M	-5.50M	-5.50M	-5.30M
Stock buybacks / issuance	-20.20M	-13.40M	-22.70M	-32.20M	-60.00M	-500.00K
Ending cash balance	79.50M	80.10M	99.40M	106.40M	82.60M	76.90M

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	10.94	13.58	8.81	15.48	14.66	20.90	13.98	7.17
ROA %	3.36	4.46	3.14	6.05	6.18	9.96	7.27	3.56
ROIC %	7.81	8.61	6.38	9.50	9.34	14.97	10.74	5.60
5-year avg ROE %	11.40	10.39	9.75	9.33	12.69	14.69	14.77	14.44
EBIT margin %	5.27	6.60	6.17	7.46	7.93	11.04	8.85	5.56
FCF / sales %	5.20	2.90	10.37	4.24	--	13.22	5.31	3.56
Current ratio	1.88	1.75	1.94	1.81	2.20	2.08	1.97	2.05
Quick ratio	1.21	1.08	1.34	1.15	1.26	1.33	1.23	1.24
Debt / assets	35.78	36.30	32.65	29.14	30.63	21.77	21.38	26.07
LT debt / equity	104.36	93.86	80.61	66.57	66.31	38.41	37.81	51.31
Interest coverage	2.54	3.56	2.99	11.15	12.20	10.17	12.52	7.43
Revenue CAGR (3Y) %	11.44	12.05	-0.07	-0.98	-1.35	7.50	5.66	3.29
Net income CAGR (3Y) %	1.34	-0.59	--	24.79	13.12	48.11	8.85	-12.91
FCF CAGR (3Y) %	41.87	1.72	49.13	-7.45	--	16.57	13.84	--

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	11.04	9.51	8.51	7.17	5.35	3.09
ROA %	5.87	5.04	4.43	3.56	2.52	1.46
ROIC %	8.74	7.65	6.82	5.60	4.27	3.00
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	7.58	6.87	6.26	5.56	4.27	3.02
FCF / sales %	4.83	5.22	4.94	3.56	1.31	--
Current ratio	2.14	2.09	2.13	2.05	2.12	2.04
Quick ratio	1.28	1.26	1.24	1.24	1.26	1.21
Debt / assets	21.11	19.97	21.72	26.07	30.75	30.83
LT debt / equity	39.83	37.97	42.53	51.31	73.81	73.36
Interest coverage	10.55	9.78	9.14	7.43	5.12	3.02
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Lead segment, long tail

Equipment is the largest reported line at 59.81% of revenue, across 3 reported segments.
Parts and consumables follows at 21.02%, so the top line still matters most but isn’t the whole story.

Revenue breakdown most recent period

Business

Equipment59.81%

Parts and consumables21.02%

Service and other19.17%

Quote time 2026-10-07 19:54:59 · For reference only, not investment advice and not tailored to your situation.