Tennant Co (TNC) stock
TNCNYSERefrigeration & Service Industry MachineryFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 8/30123% above fair value
$76.25+0.75 (+0.99%)
Close on Nov 11, 2026Market cap $1.30BP/E 75.5Yield 1.57%
Tennant gross margin
Gross margin is gross profit as a percentage of revenue.
Tennant's gross margin for the twelve months ending Jun 30, 2026 was 38.8%. For fiscal 2025 it was 40.2%, against 42.7% the year before. The highest annual figure on record is 44.0% in fiscal 2012.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 40.2% | −2.5 |
| FY2024 | Dec 31, 2024 | 42.7% | +0.3 |
| FY2023 | Dec 31, 2023 | 42.4% | +3.9 |
| FY2022 | Dec 31, 2022 | 38.5% | −1.6 |
| FY2021 | Dec 31, 2021 | 40.2% | −0.6 |
| FY2020 | Dec 31, 2020 | 40.7% | +0.2 |
| FY2019 | Dec 31, 2019 | 40.6% | +1.0 |
| FY2018 | Dec 31, 2018 | 39.6% | −0.2 |
| FY2017 | Dec 31, 2017 | 39.9% | −3.6 |
| FY2016 | Dec 31, 2016 | 43.5% | +0.5 |
| FY2015 | Dec 31, 2015 | 43.0% | +0.1 |
| FY2014 | Dec 31, 2014 | 42.9% | −0.5 |
| FY2013 | Dec 31, 2013 | 43.3% | −0.7 |
| FY2012 | Dec 31, 2012 | 44.0% | +1.7 |
| FY2011 | Dec 31, 2011 | 42.3% | −0.3 |
| FY2010 | Dec 31, 2010 | 42.6% | +1.3 |
| FY2009 | Dec 31, 2009 | 41.3% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 39.5% | −2.6 |
| Q1 FY2026 | Mar 31, 2026 | 38.1% | −3.2 |
| Q4 FY2025 | Dec 31, 2025 | 34.6% | −6.8 |
| Q3 FY2025 | Sep 30, 2025 | 42.7% | +0.3 |
| Q2 FY2025 | Jun 30, 2025 | 42.1% | −1.0 |
| Q1 FY2025 | Mar 31, 2025 | 41.4% | −2.8 |
| Q4 FY2024 | Dec 31, 2024 | 41.3% | −0.7 |
| Q3 FY2024 | Sep 30, 2024 | 42.4% | −1.0 |
| Q2 FY2024 | Jun 30, 2024 | 43.1% | −0.3 |
| Q1 FY2024 | Mar 31, 2024 | 44.2% | +3.2 |
| Q4 FY2023 | Dec 31, 2023 | 42.0% | +2.4 |
| Q3 FY2023 | Sep 30, 2023 | 43.3% | +5.0 |
| Q2 FY2023 | Jun 30, 2023 | 43.4% | +5.5 |
| Q1 FY2023 | Mar 31, 2023 | 41.0% | +2.7 |
| Q4 FY2022 | Dec 31, 2022 | 39.6% | +3.2 |
| Q3 FY2022 | Sep 30, 2022 | 38.3% | −1.8 |
| Q2 FY2022 | Jun 30, 2022 | 37.9% | −3.3 |
| Q1 FY2022 | Mar 31, 2022 | 38.3% | −4.7 |
| Q4 FY2021 | Dec 31, 2021 | 36.4% | −4.6 |
| Q3 FY2021 | Sep 30, 2021 | 40.1% | +0.6 |
| Q2 FY2021 | Jun 30, 2021 | 41.2% | −0.7 |
| Q1 FY2021 | Mar 31, 2021 | 43.0% | +2.3 |
| Q4 FY2020 | Dec 31, 2020 | 41.0% | +0.7 |
| Q3 FY2020 | Sep 30, 2020 | 39.6% | −1.1 |
| Q2 FY2020 | Jun 30, 2020 | 41.8% | +1.5 |
| Q1 FY2020 | Mar 31, 2020 | 40.8% | −0.4 |
| Q4 FY2019 | Dec 31, 2019 | 40.2% | +0.9 |
| Q3 FY2019 | Sep 30, 2019 | 40.6% | +1.6 |
| Q2 FY2019 | Jun 30, 2019 | 40.3% | +0.2 |
| Q1 FY2019 | Mar 31, 2019 | 41.2% | +1.2 |
| Q4 FY2018 | Dec 31, 2018 | 39.3% | −1.4 |
| Q3 FY2018 | Sep 30, 2018 | 39.0% | −0.4 |
| Q2 FY2018 | Jun 30, 2018 | 40.1% | +2.0 |
| Q1 FY2018 | Mar 31, 2018 | 40.0% | −1.7 |
| Q4 FY2017 | Dec 31, 2017 | 40.8% | −0.6 |
| Q3 FY2017 | Sep 30, 2017 | 39.4% | −0.6 |
| Q2 FY2017 | Jun 30, 2017 | 38.1% | – |
| Q1 FY2017 | Mar 31, 2017 | 41.7% | – |
| Q4 FY2016 | Dec 31, 2016 | 41.4% | – |
| Q3 FY2016 | Sep 30, 2016 | 39.9% | – |
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