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 operating margin
Operating margin is operating income as a percentage of revenue.
Tennant's operating margin for the twelve months ending Jun 30, 2026 was 3.2%. For fiscal 2025 it was 5.7%, against 8.9% the year before. The highest annual figure on record is 11.1% in fiscal 2023.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 5.7% | −3.2 |
| FY2024 | Dec 31, 2024 | 8.9% | −2.3 |
| FY2023 | Dec 31, 2023 | 11.1% | +3.2 |
| FY2022 | Dec 31, 2022 | 8.0% | −0.6 |
| FY2021 | Dec 31, 2021 | 8.6% | +2.2 |
| FY2020 | Dec 31, 2020 | 6.4% | +0.1 |
| FY2019 | Dec 31, 2019 | 6.3% | +1.1 |
| FY2018 | Dec 31, 2018 | 5.2% | +1.9 |
| FY2017 | Dec 31, 2017 | 3.3% | −5.2 |
| FY2016 | Dec 31, 2016 | 8.4% | +1.9 |
| FY2015 | Dec 31, 2015 | 6.6% | −2.2 |
| FY2014 | Dec 31, 2014 | 8.8% | +0.5 |
| FY2013 | Dec 31, 2013 | 8.3% | −0.2 |
| FY2012 | Dec 31, 2012 | 8.5% | +1.9 |
| FY2011 | Dec 31, 2011 | 6.6% | +1.0 |
| FY2010 | Dec 31, 2010 | 5.6% | +9.3 |
| FY2009 | Dec 31, 2009 | -3.8% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 4.9% | −4.7 |
| Q1 FY2026 | Mar 31, 2026 | 1.6% | −5.1 |
| Q4 FY2025 | Dec 31, 2025 | -1.4% | −3.8 |
| Q3 FY2025 | Sep 30, 2025 | 7.4% | −2.3 |
| Q2 FY2025 | Jun 30, 2025 | 9.6% | −2.1 |
| Q1 FY2025 | Mar 31, 2025 | 6.8% | −5.3 |
| Q4 FY2024 | Dec 31, 2024 | 2.3% | −5.6 |
| Q3 FY2024 | Sep 30, 2024 | 9.7% | −1.7 |
| Q2 FY2024 | Jun 30, 2024 | 11.7% | −1.9 |
| Q1 FY2024 | Mar 31, 2024 | 12.1% | +0.3 |
| Q4 FY2023 | Dec 31, 2023 | 7.9% | −1.9 |
| Q3 FY2023 | Sep 30, 2023 | 11.4% | +3.2 |
| Q2 FY2023 | Jun 30, 2023 | 13.5% | +5.4 |
| Q1 FY2023 | Mar 31, 2023 | 11.7% | +6.1 |
| Q4 FY2022 | Dec 31, 2022 | 9.8% | +5.0 |
| Q3 FY2022 | Sep 30, 2022 | 8.1% | −0.6 |
| Q2 FY2022 | Jun 30, 2022 | 8.1% | +0.8 |
| Q1 FY2022 | Mar 31, 2022 | 5.7% | −8.1 |
| Q4 FY2021 | Dec 31, 2021 | 4.7% | +1.8 |
| Q3 FY2021 | Sep 30, 2021 | 8.8% | +1.8 |
| Q2 FY2021 | Jun 30, 2021 | 7.3% | −3.4 |
| Q1 FY2021 | Mar 31, 2021 | 13.8% | +8.1 |
| Q4 FY2020 | Dec 31, 2020 | 2.9% | −3.7 |
| Q3 FY2020 | Sep 30, 2020 | 7.0% | −0.6 |
| Q2 FY2020 | Jun 30, 2020 | 10.7% | +4.1 |
| Q1 FY2020 | Mar 31, 2020 | 5.7% | +1.6 |
| Q4 FY2019 | Dec 31, 2019 | 6.6% | +2.0 |
| Q3 FY2019 | Sep 30, 2019 | 7.7% | +2.0 |
| Q2 FY2019 | Jun 30, 2019 | 6.6% | +0.1 |
| Q1 FY2019 | Mar 31, 2019 | 4.1% | +0.3 |
| Q4 FY2018 | Dec 31, 2018 | 4.6% | −0.9 |
| Q3 FY2018 | Sep 30, 2018 | 5.6% | +1.4 |
| Q2 FY2018 | Jun 30, 2018 | 6.5% | +3.1 |
| Q1 FY2018 | Mar 31, 2018 | 3.8% | +5.2 |
| Q4 FY2017 | Dec 31, 2017 | 5.5% | −2.5 |
| Q3 FY2017 | Sep 30, 2017 | 4.2% | −2.0 |
| Q2 FY2017 | Jun 30, 2017 | 3.4% | – |
| Q1 FY2017 | Mar 31, 2017 | -1.4% | – |
| Q4 FY2016 | Dec 31, 2016 | 8.0% | – |
| Q3 FY2016 | Sep 30, 2016 | 6.2% | – |
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