TNCNYSERefrigeration & Service Industry MachineryFiscal year ends December 31
TENNANT CO
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$64.57−0.78 (-1.19%)
Close on Oct 19, 2026
- Market cap
- $1.11B
- P/E (TTM)
- 63.9
- Dividend yield
- 1.85%
Tennant statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Refrigeration & Service Industry Machinery companies for comparison
Valuation
| Measure | Tennant | Industry median |
|---|---|---|
| Market Cap | $1.10B | $1.37B |
| Enterprise Value | $1.38B | $1.36B |
| PE Ratio | 63.93 | 29.21 |
| PS Ratio | 0.90 | 2.23 |
| PB Ratio | 2.06 | 2.78 |
| P/TBV Ratio | 3.98 | 3.90 |
| P/OCF Ratio | 65.92 | 17.09 |
Enterprise value
| Measure | Tennant | Industry median |
|---|---|---|
| EV / Sales | 1.14 | 2.18 |
| EV / EBITDA | 35.60 | 16.91 |
| EV / EBIT | 35.60 | 20.70 |
Income (trailing twelve months)
| Measure | Tennant | Industry median |
|---|---|---|
| Revenue | $1.22B | $866.07M |
| Gross Profit | $471.70M | $317.63M |
| Operating Income | $38.90M | $33.78M |
| Pretax Income | $24.60M | $61.14M |
| Net Income | $18.30M | $20.20M |
| EBITDA | $38.90M | $59.87M |
| EPS (Diluted) | $1.01 | $0.70 |
Margins
| Measure | Tennant | Industry median |
|---|---|---|
| Gross Margin | 38.8% | 34.3% |
| Operating Margin | 3.20% | 5.94% |
| Pretax Margin | 2.02% | 6.55% |
| Profit Margin | 1.50% | 4.89% |
| EBITDA Margin | 3.20% | 9.65% |
| FCF Margin | -0.22% | 7.34% |
Returns
| Measure | Tennant | Industry median |
|---|---|---|
| Return on Equity (ROE) | 3.09% | 7.49% |
| Return on Assets (ROA) | 1.46% | 3.02% |
| Return on Invested Capital (ROIC) | 3.61% | 7.94% |
| Return on Capital Employed (ROCE) | 4.01% | 6.30% |
Growth
| Measure | Tennant | Industry median |
|---|---|---|
| Revenue Growth (YoY) | -2.91% | 9.10% |
| Net Income Growth (YoY) | -69.9% | 8.53% |
| EPS Growth (YoY) | -68.5% | 10.7% |
| FCF Growth (YoY) | -104.1% | 6.28% |
| Revenue Growth (3Y CAGR) | 3.29% | 3.24% |
| Revenue Growth (5Y CAGR) | 3.75% | 7.11% |
| EPS Growth (3Y CAGR) | -12.7% | 7.68% |
| EPS Growth (5Y CAGR) | 5.45% | 15.9% |
Balance sheet
| Measure | Tennant | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $76.90M | $109.83M |
| Total Debt | $358.90M | $504.82M |
| Net Cash (Debt) | -$282.00M | $381.39K |
| Net Cash Per Share | -$16.54 | $0.00 |
| Equity (Book Value) | $533.40M | $380.65M |
| Book Value Per Share | $31.29 | $8.57 |
| Tangible Book Value | $276.50M | $79.42M |
| Working Capital | $313.60M | $228.02M |
Financial position
| Measure | Tennant | Industry median |
|---|---|---|
| Current Ratio | 2.04 | 1.98 |
| Quick Ratio | 1.21 | 0.99 |
| Debt / Equity | 0.67 | 0.52 |
| Debt / EBITDA | 9.23 | 2.21 |
| Net Debt / EBITDA | 7.25 | 1.23 |
Cash flow (trailing twelve months)
| Measure | Tennant | Industry median |
|---|---|---|
| Operating Cash Flow | $16.70M | $75.30M |
| Capital Expenditures | -$19.40M | -$27.96M |
| Free Cash Flow | -$2.70M | $59.74M |
| FCF Per Share | -$0.16 | $1.16 |
Efficiency
| Measure | Tennant | Industry median |
|---|---|---|
| Asset Turnover | 0.97 | 0.70 |
| Inventory Turnover | 3.75 | 3.72 |
| Revenue Per Employee | $271.37K | $406.50K |
| Profits Per Employee | $4.08K | $16.14K |
| Employee Count | 4,484 | 1,615 |
Dividends and yields
| Measure | Tennant | Industry median |
|---|---|---|
| Earnings Yield | 1.66% | 2.24% |
| FCF Yield | -0.25% | 3.19% |
| Dividend Yield | 1.85% | 1.06% |
| Buyback Yield | 10.7% | 1.10% |
| Shareholder Yield | 12.6% | 1.93% |
| Dividend Per Share | $1.20 | $1.14 |
| Dividend Growth (YoY) | 5.29% | 4.67% |
| Years of Dividend Growth | 11 | 4 |
| Payout Ratio | 118.6% | 28.8% |
Shares
| Measure | Tennant | Industry median |
|---|---|---|
| Shares Outstanding | 17,049,300 | 59,778,400 |
| Shares Change (YoY) | -5.40% | 0.45% |
| Shares Change (QoQ) | 0.07% | 0.14% |
| Float | 15,869,300 | 52,486,900 |
| Shares Held by Insiders | 6.92% | 5.23% |
| Shares Held by Institutions | 107.6% | 83.0% |
Taxes
| Measure | Tennant | Industry median |
|---|---|---|
| Income Tax | $6.30M | $14.90M |
| Effective Tax Rate | 25.6% | 20.9% |
Scores
| Measure | Tennant | Industry median |
|---|---|---|
| Graham Number | $26.66 | $30.38 |
| Graham Upside | -58.7% | -55.4% |
| Altman Z-Score | 2.87 | 3.15 |
| Piotroski F-Score | 5 | 5 |
Calculated by StockData from Tennant's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.