TNC · Tennant Co - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $297.90M | - | $303.30M | $318.60M | $290.00M | - | $315.80M | $331.00M | $311.00M | - |
| Cost of Revenue | $184.30M | - | $173.90M | $184.50M | $170.00M | - | $182.00M | $188.30M | $173.50M | - |
| Gross Profit | $113.60M | - | $129.40M | $134.10M | $120.00M | - | $133.80M | $142.70M | $137.50M | - |
| R&D | $10.60M | - | $10.50M | $9.80M | $9.70M | - | $10.50M | $11.20M | $10.10M | - |
| SG&A | $98.10M | - | $96.60M | $93.70M | $90.70M | - | $92.70M | $92.90M | $89.90M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $11.40M | - | - | - | $10.60M | - | - | - | $9.60M | - |
| Operating Income | $4.90M | - | $22.30M | $30.60M | $19.60M | - | $30.60M | $38.60M | $37.50M | - |
| Interest Expense | $3.40M | - | $2.40M | $2.20M | $2.30M | - | $2.70M | $2.50M | - | - |
| Income Tax | $700.0K | - | $4.50M | $7.10M | $4.10M | - | $6.70M | $9.00M | $6.70M | - |
| Net Income | $200.0K | - | $14.90M | $20.20M | $13.10M | - | $20.80M | $27.90M | $28.40M | - |
| EPS - Basic | $0.01 | - | $0.81 | $1.10 | $0.70 | - | $1.11 | $1.47 | $1.52 | - |
| EPS - Diluted | $0.01 | - | $0.80 | $1.08 | $0.69 | - | $1.09 | $1.45 | $1.49 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $82.60M | $106.40M | $99.40M | $80.10M | $79.50M | $99.80M | $91.30M | $84.60M | $88.80M | $117.10M |
| Accounts Receivable | $280.60M | $256.80M | $249.30M | $265.30M | $251.20M | $259.10M | $260.20M | $268.80M | $257.30M | $247.60M |
| Inventory | $204.60M | $198.50M | $205.90M | $195.40M | $191.30M | $183.80M | $201.80M | $189.70M | $181.40M | $175.90M |
| Accounts Payable | $123.10M | $127.50M | $110.60M | $122.30M | $115.30M | $126.90M | $128.00M | $128.70M | $124.90M | $111.40M |
| Current Assets | $611.10M | $599.70M | $598.30M | $574.60M | $550.90M | $576.60M | $593.90M | $577.80M | $561.10M | $569.10M |
| Total Assets | $1.28B | $1.27B | $1.26B | $1.24B | $1.18B | $1.19B | $1.22B | $1.17B | $1.15B | $1.11B |
| Current Liabilities | $288.60M | $293.10M | $281.50M | $274.80M | $257.40M | $292.20M | $273.50M | $266.20M | $260.40M | $273.70M |
| Long-term Debt | - | $273.60M | - | - | - | $199.50M | - | - | - | $200.60M |
| Total Liabilities | $743.60M | $665.50M | $614.20M | $587.80M | $554.20M | $568.00M | $567.60M | $541.60M | $535.80M | $535.10M |
| Stockholders' Equity | $531.20M | $601.60M | $640.90M | $651.90M | $624.40M | $620.80M | $647.20M | $624.60M | $614.60M | $577.00M |
| Retained Earnings | $562.10M | $628.10M | $641.50M | $632.00M | $617.20M | $609.70M | $608.60M | $593.10M | $570.50M | $547.40M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($31.20M) | - | - | - | ($400.0K) | - | - | - | $2.90M | - |
| Investing Cash Flow | ($10.30M) | - | - | - | ($6.90M) | - | - | - | ($60.60M) | - |
| Financing Cash Flow | $17.20M | - | - | - | ($13.70M) | - | - | - | $26.90M | - |
| CapEx | $3.20M | - | - | - | $7.00M | - | - | - | $3.00M | - |
| Free Cash Flow | ($34.40M) | - | - | - | ($7.40M) | - | - | - | ($100.0K) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 38.1% | - | 42.7% | 42.1% | 41.4% | - | 42.4% | 43.1% | 44.2% | - |
| Operating margin | 1.6% | - | 7.4% | 9.6% | 6.8% | - | 9.7% | 11.7% | 12.1% | - |
| EBITDA margin | 5.5% | - | - | - | 10.4% | - | - | - | 15.1% | - |
| Net margin | 0.1% | - | 4.9% | 6.3% | 4.5% | - | 6.6% | 8.4% | 9.1% | - |
| Free cash flow margin | -11.5% | - | - | - | -2.6% | - | - | - | -0.0% | - |
| FCF / Net income | -172.00 | - | - | - | -0.56 | - | - | - | -0.00 | - |
| R&D / Revenue | 3.6% | - | 3.5% | 3.1% | 3.3% | - | 3.3% | 3.4% | 3.2% | - |
| SG&A / Revenue | 32.9% | - | 31.8% | 29.4% | 31.3% | - | 29.4% | 28.1% | 28.9% | - |
| Effective tax rate | 77.8% | - | 23.2% | 26.0% | 23.8% | - | 24.4% | 24.4% | 19.1% | - |
| Return on assets | 0.0% | - | 1.2% | 1.6% | 1.1% | - | 1.7% | 2.4% | 2.5% | - |
| Return on equity | 0.0% | - | 2.3% | 3.1% | 2.1% | - | 3.2% | 4.5% | 4.6% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.12 | 2.05 | 2.13 | 2.09 | 2.14 | 1.97 | 2.17 | 2.17 | 2.15 | 2.08 |
| Quick ratio | 1.41 | 1.37 | 1.39 | 1.38 | 1.40 | 1.34 | 1.43 | 1.46 | 1.46 | 1.44 |
| Cash ratio | 0.29 | 0.36 | 0.35 | 0.29 | 0.31 | 0.34 | 0.33 | 0.32 | 0.34 | 0.43 |
| Leverage | ||||||||||
| Debt / Equity | - | 0.45 | - | - | - | 0.32 | - | - | - | 0.35 |
| Debt / Assets | - | 0.22 | - | - | - | 0.17 | - | - | - | 0.18 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 1.4x | - | 9.3x | 13.9x | 8.5x | - | 11.3x | 15.4x | - | - |
| Equity multiplier | 2.40 | 2.11 | 1.96 | 1.90 | 1.89 | 1.92 | 1.88 | 1.87 | 1.87 | 1.93 |
| Liabilities / Assets | 0.58 | 0.52 | 0.49 | 0.47 | 0.47 | 0.48 | 0.47 | 0.46 | 0.47 | 0.48 |
| Efficiency | ||||||||||
| Asset turnover | 0.23 | - | 0.24 | 0.26 | 0.25 | - | 0.26 | 0.28 | 0.27 | - |
| Inventory turnover | 0.90 | - | 0.84 | 0.94 | 0.89 | - | 0.90 | 0.99 | 0.96 | - |
| Days sales outstanding | 344d | - | 300d | 304d | 316d | - | 301d | 296d | 302d | - |
| Days inventory outstanding | 405d | - | 432d | 387d | 411d | - | 405d | 368d | 382d | - |
| Days payable outstanding | 244d | - | 232d | 242d | 248d | - | 257d | 249d | 263d | - |
| Cash conversion cycle | 505d | - | 500d | 449d | 479d | - | 449d | 415d | 421d | - |
| Valuation | ||||||||||
| P / E | 6640.0x | - | 101.3x | 71.7x | 115.6x | - | 88.1x | 67.9x | 81.6x | - |
| P / B | 2.2x | - | 2.3x | 2.2x | 2.4x | - | 2.8x | 3.0x | 3.8x | - |
| P / S | 4.0x | - | 5.0x | 4.5x | 5.2x | - | 5.8x | 5.7x | 7.5x | - |
| EV / EBITDA | 67.5x | - | - | - | 47.4x | - | - | - | 47.4x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 2.7% | - | -4.0% | -3.7% | -6.8% | - | 3.6% | 2.9% | 1.7% | - |
| Revenue CAGR (3y) | -0.9% | - | 4.9% | 4.4% | 4.0% | - | 6.4% | 5.8% | 7.2% | - |
| Revenue CAGR (5y) | 3.4% | - | 3.0% | 8.3% | 2.8% | - | 2.4% | 2.0% | 3.4% | - |
| Gross profit growth (YoY) | -5.3% | - | -3.3% | -6.0% | -12.7% | - | 1.4% | 2.3% | 9.6% | - |
| Operating income growth (YoY) | -75.0% | - | -27.1% | -20.7% | -47.7% | - | -11.8% | -11.3% | 4.5% | - |
| Net income growth (YoY) | -98.5% | - | -28.4% | -27.6% | -53.9% | - | -9.2% | -10.9% | 16.9% | - |
| EPS growth (YoY) | -98.6% | - | -26.6% | -25.5% | -53.7% | - | -9.9% | -13.7% | 14.6% | - |
| EPS CAGR (3y) | -80.3% | - | -1.2% | 6.7% | 7.9% | - | -1.5% | 41.7% | 2.8% | - |
| EPS CAGR (5y) | -62.6% | - | 4.9% | 7.0% | 19.8% | - | 6.6% | 12.4% | 38.7% | - |
| FCF growth (YoY) | -364.9% | - | - | - | -7300.0% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -14.9% | -3.1% | -1.0% | 4.4% | 1.6% | 7.6% | 18.8% | 20.0% | 24.9% | 22.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$1.20B totalEquipment Sales$714.70M · 59.4%
Parts And Consumables$275.60M · 22.9%
Service And Other$213.20M · 17.7%
Geographic
$2.00B totalAmericas$792.00M · 39.7%
US$670.90M · 33.6%
EMEA$334.60M · 16.8%
Americas Excluding United States$121.10M · 6.1%
Asia Pacific$76.90M · 3.9%
Peer comparison
Same SIC group: Refrigeration & Service Industry Machinery
Comparing TENNANT CO against the 5 most active filers in the same SIC group.
Dividends
$1.22/share trailing 12 months · +5.2% YoY
| Ex-date | Per share |
|---|---|
| May 29, 2026 | $0.3100 |
| Feb 27, 2026 | $0.3100 |
| Nov 28, 2025 | $0.3100 |
| Aug 29, 2025 | $0.2950 |
| May 30, 2025 | $0.2950 |
| Feb 28, 2025 | $0.2950 |
| Nov 29, 2024 | $0.2950 |
| Aug 30, 2024 | $0.2800 |
| May 31, 2024 | $0.2800 |
| Feb 28, 2024 | $0.2800 |
| Nov 29, 2023 | $0.2800 |
| Aug 30, 2023 | $0.2650 |
| May 30, 2023 | $0.2650 |
| Mar 2, 2023 | $0.2650 |
| Nov 29, 2022 | $0.2650 |
| Aug 30, 2022 | $0.2500 |
| May 27, 2022 | $0.2500 |
| Mar 2, 2022 | $0.2500 |
| Nov 29, 2021 | $0.2500 |
| Aug 30, 2021 | $0.2300 |
| May 27, 2021 | $0.2300 |
| Feb 26, 2021 | $0.2300 |
| Nov 27, 2020 | $0.2300 |
| Aug 28, 2020 | $0.2200 |