TENNANT CO
Close on Oct 19, 2026
- Market cap
- $1.11B
- P/E (TTM)
- 63.9
- Dividend yield
- 1.85%
About Tennant
Refrigeration & Service Industry Machinery, SIC 3580
Tennant Company designs, manufactures, and markets floor cleaning equipment and surface maintenance solutions. The company operates through a single reportable business segment dedicated to products and services utilized primarily for maintaining nonresidential surfaces. Its offerings include mechanized floor cleaning equipment, replacement parts, consumables, and maintenance services. Tennant Company provides these solutions to customers across diverse commercial and industrial sectors, distributing its products both directly to end consumers and through intermediary sales channels.
The company maintains eleven manufacturing facilities globally and conducts operations across three principal geographic regions: the Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific (APAC). Tennant Company is headquartered in Eden Prairie, Minnesota.
Summary of the business section of Tennant's latest annual report, written by StockData.
Company profile
Company
- Legal name
- TENNANT CO
- Founded
- 1870
- Headquarters
- Eden Prairie, MN
- Address
- 104000 Clean Street 55344
- Phone
- (763) 540-1200
- Employees
- 4,484, Dec 31, 2025
- Industry
- Refrigeration & Service Industry Machinery
- Incorporated in
- Minnesota
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, Minneapolis, Minnesota
Stock & identifiers
- Ticker
- TNC
- Exchange
- NYSE
- Shares outstanding
- 17M, Jul 31, 2026
- Public float
- $1.42B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Jul 26, 2006; 2-for-1, Apr 27, 1995; 2-for-1, Mar 16, 1981
- SEC CIK
- 97134
- CUSIP
- 880345103
- ISIN
- US8803451033
- LEI
- JYAIRLT8DVP6DP8UT336
- EIN
- 41-0572550
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| David W. Huml | PRESIDENT AND CEO, Director | 138,559 |
| Richard H. Zay | SVP, COO | 30,225 |
| Patrick W. Schottler | SVP, Robotics | 13,857 |
| Barb Balinski | SVP, Chief Transf Officer | 19,218 |
| Fay West | SENIOR VP, CFO | 48,253 |
| Kristin A. Erickson | SVP, CHRO & GC | 25,176 |
| Brock R. Christianson | SVP, CHIEF HR OFFICER | 6,315 |
| Patrick E. Allen | Director | 4,927 |
| Donal L. Mulligan | Director | 38,175 |
| Timothy R. Morse | Director | 10,614 |
| Mark W. Sheahan | Director | 4,348 |
| Maria C. Green | Director | 12,709 |
| Azita Arvani | Director | 18,925 |
| David Windley | Director | 8,912 |
| Carol S. Eicher | Director | 30,326 |
| James T. Glerum Jr. | Director | 10,090 |
| Andrew P. Hider | Director | 6,987 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 David WHuml | $4.67M | $2.30M | $1.36M | $112 | $190 |
| FY2024 David WHuml | $5.14M | $3.59M | $1.58M | $112 | $176 |
| FY2023 David WHuml | $5.52M | $11.46M | $1.63M | $126 | $150 |
| FY2022 David WHuml | $4.10M | $2.12M | $1.33M | $82 | $127 |
| FY2021 David WHuml | $4.30M | $4.92M | $1.38M | $107 | $135 |
| FY2021 HChris Killingstad | $2.71M | $4.66M | $1.38M | $107 | $135 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 4,484 employees worldwide, of which approximately 40.4% are located in the U.S.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Feb 28, 2020 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Aug 30, 2019 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jan 8, 2018 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Apr 7, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 21, 2008 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 14, 2006 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jan 30, 2006 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 24, 2000 | Listing | Registration of securities on an exchange (Form 8-A) |