Tennant Company (TNC) 10-Year Financial Performance & Capital Metrics

TNC • • Industrial / General

IndustrialsIndustrial MachineryIndustrial Automation & RoboticsFactory Automation Systems

AboutTennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, specialty surface coatings, and asset management solutions. It also provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. The company offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IRIS, VLX, IPC, Gaomei, and Rongen brands, as well as private-label brands. Its products are used in retail establishments and distribution centers; factories and warehouses; and public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, parking lots and streets, and other environments. It markets its products to contract cleaners and businesses through direct sales and service organizations, as well as through a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Eden Prairie, Minnesota.Show more

Revenue $1.29B +3.5%
EBITDA $169M -10.7%
Net Income $84M -23.6%
EPS (Diluted) 4.38 -24.9%
Gross Margin 42.74% +0.7%
EBITDA Margin 13.17% -13.7%
Operating Margin 8.88% -20.3%
Net Margin 6.5% -26.1%
ROE 13.95% -33.1%
ROIC 11.58% -20.3%
Debt/Equity 0.41 -2.5%
Interest Coverage 12.56 +22.3%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Good 3Y average ROE of 16.5%
✓Efficient asset utilization: 1.1x turnover

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y4.58%

5Y2.49%

3Y5.66%

TTM-2.24%

Profit (Net Income) CAGR

10Y5.15%

5Y12.82%

3Y8.85%

TTM-49.31%

EPS CAGR

10Y4.96%

5Y12.05%

3Y8.39%

TTM-48.5%

ROCE

10Y Avg12.05%

5Y Avg12.07%

3Y Avg13.59%

Latest13.16%

Peer Comparison

Factory Automation Systems

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ROKRockwell Automation, Inc.	47.35B	421.13	54.91	0.97%	10.41%	23.42%	2.87%	0.98
HIHillenbrand, Inc.	2.24B	31.83	43.01	-15.99%	1.61%	3.03%	0.8%	1.12
EMREmerson Electric Co.	83.23B	148.02	36.64	3%	12.73%	11.3%	3.2%	0.68
PSNParsons Corporation	7.69B	72.22	34.07	24.03%	5.96%	14.52%	6.17%	0.56
EPACEnerpac Tool Group Corp.	2.18B	41.40	24.35	4.65%	14.64%	20.92%	4.21%	0.53
OTISOtis Worldwide Corporation	35.21B	90.35	22.20	0.37%	9.41%		4.08%
TNCTennant Company	1.45B	79.73	18.20	3.47%	4.42%	8.53%	4.73%	0.41
CXTCrane NXT, Co.	2.97B	51.73	16.22	6.86%	9.8%	12.76%	5.68%	0.76

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	811.8M	808.57M	1B	1.12B	1.14B	1B	1.09B	1.09B	1.24B	1.29B
Revenue Growth %	-0.01%	-0%	0.24%	0.12%	0.01%	-0.12%	0.09%	0%	0.14%	0.03%
Cost of Goods Sold+	462.74M	456.98M	598.64M	678.48M	675.9M	593.2M	652.8M	671.3M	715.8M	736.7M
COGS % of Revenue	0.57%	0.57%	0.6%	0.6%	0.59%	0.59%	0.6%	0.61%	0.58%	0.57%
Gross Profit+	349.06M	351.6M	404.42M	445.03M	461.7M	407.8M	438M	420.9M	527.8M	550M
Gross Margin %	0.43%	0.43%	0.4%	0.4%	0.41%	0.41%	0.4%	0.39%	0.42%	0.43%
Gross Profit Growth %	-0.01%	0.01%	0.15%	0.1%	0.04%	-0.12%	0.07%	-0.04%	0.25%	0.04%
Operating Expenses+	284.69M	282.95M	377.38M	387.06M	389.9M	344.1M	344.3M	333.7M	389.2M	435.7M
OpEx % of Revenue	0.35%	0.35%	0.38%	0.34%	0.34%	0.34%	0.32%	0.31%	0.31%	0.34%
Selling, General & Admin	252.27M	248.21M	345.36M	356.32M	357.2M	314M	321.9M	306.3M	352.6M	391.9M
SG&A % of Revenue	0.31%	0.31%	0.34%	0.32%	0.31%	0.31%	0.3%	0.28%	0.28%	0.3%
Research & Development	32.41M	34.74M	32.01M	30.74M	32.7M	30.1M	32.2M	31.1M	36.6M	43.8M
R&D % of Revenue	0.04%	0.04%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
Other Operating Expenses	-657K	-666K	-1.96M	-729K	0	0	-9.8M	-3.7M	0	0
Operating Income+	53.18M	68.5M	27.04M	57.98M	71.8M	63.7M	93.7M	87.2M	138.6M	114.3M
Operating Margin %	0.07%	0.08%	0.03%	0.05%	0.06%	0.06%	0.09%	0.08%	0.11%	0.09%
Operating Income Growth %	-0.26%	0.29%	-0.61%	1.14%	0.24%	-0.11%	0.47%	-0.07%	0.59%	-0.18%
EBITDA+	71.21M	86.8M	70.3M	112.4M	126.2M	117.1M	146.8M	135.9M	189.7M	169.4M
EBITDA Margin %	0.09%	0.11%	0.07%	0.1%	0.11%	0.12%	0.13%	0.12%	0.15%	0.13%
EBITDA Growth %	-0.23%	0.22%	-0.19%	0.6%	0.12%	-0.07%	0.25%	-0.07%	0.4%	-0.11%
D&A (Non-Cash Add-back)	18.03M	18.3M	43.25M	54.42M	54.4M	53.4M	53.1M	48.7M	51.1M	55.1M
EBIT	68.12M	68.5M	24.1M	59.18M	71.8M	58.5M	81.4M	86.6M	137.3M	113.9M
Net Interest Income+	-1.14M	-949K	-23M	-20.3M	-17.8M	-20.1M	-7.3M	-7.1M	-13.5M	-9.1M
Interest Income	172K	330K	2.4M	3.04M	3.3M	600K	0	0	0	0
Interest Expense	1.31M	1.28M	25.39M	23.34M	21.1M	20.7M	7.3M	7.1M	13.5M	9.1M
Other Income/Expense	-2.75M	-1.77M	-28.34M	-22.2M	-17.8M	-22.6M	-19.6M	-7.7M	-14.8M	-9.5M
Pretax Income+	50.42M	66.49M	-1.29M	35.84M	54M	41.1M	74.1M	79.5M	123.8M	104.8M
Pretax Margin %	0.06%	0.08%	-0%	0.03%	0.05%	0.04%	0.07%	0.07%	0.1%	0.08%
Income Tax+	18.34M	19.88M	4.91M	2.3M	8.1M	7.4M	9.2M	13.2M	14.3M	21.1M
Effective Tax Rate %	0.64%	0.7%	4.79%	0.93%	0.85%	0.82%	0.88%	0.83%	0.88%	0.8%
Net Income+	32.09M	46.61M	-6.2M	33.41M	45.8M	33.7M	64.9M	66.3M	109.5M	83.7M
Net Margin %	0.04%	0.06%	-0.01%	0.03%	0.04%	0.03%	0.06%	0.06%	0.09%	0.07%
Net Income Growth %	-0.37%	0.45%	-1.13%	6.39%	0.37%	-0.26%	0.93%	0.02%	0.65%	-0.24%
Net Income (Continuing)	32.09M	46.61M	-6.2M	33.54M	45.9M	33.7M	64.9M	66.3M	109.5M	83.7M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	1.97M	1.93M	1.4M	1.3M	1.3M	1.3M	1.3M	1.3M
EPS (Diluted)+	1.74	2.59	-0.35	1.82	2.48	1.81	3.44	3.55	5.83	4.38
EPS Growth %	-0.36%	0.49%	-1.14%	6.2%	0.36%	-0.27%	0.9%	0.03%	0.64%	-0.25%
EPS (Basic)	1.78	2.66	-0.35	1.86	2.53	1.84	3.51	3.58	5.92	4.46
Diluted Shares Outstanding	18.49M	17.98M	17.7M	18.34M	18.45M	18.64M	18.85M	18.7M	18.78M	19.1M
Basic Shares Outstanding	18.02M	17.52M	17.7M	17.94M	18.12M	18.35M	18.5M	18.49M	18.51M	18.79M
Dividend Payout Ratio	0.45%	0.31%	-	0.46%	0.35%	0.48%	0.27%	0.29%	0.18%	0.26%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	293.64M	297.92M	423.12M	468.64M	481M	493.6M	526.8M	575.3M	569.1M	576.6M
Cash & Short-Term Investments	51.3M	58.03M	58.4M	85.61M	74.1M	140.4M	123.1M	77.2M	116.9M	99.6M
Cash Only	51.3M	58.03M	58.4M	85.61M	74.1M	140.4M	123.1M	77.2M	116.9M	99.6M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	140.44M	149.13M	209.52M	208M	223.3M	199.9M	211.4M	251.5M	247.6M	259.1M
Days Sales Outstanding	63.15	67.32	76.24	67.57	71.65	72.89	70.74	84.05	72.67	73.5
Inventory	77.29M	78.62M	127.69M	135.13M	150.1M	127.7M	160.6M	206.6M	175.9M	183.8M
Days Inventory Outstanding	60.97	62.8	77.86	72.7	81.06	78.57	89.8	112.33	89.69	91.06
Other Current Assets	9.95M	2.93M	8.16M	9.07M	500K	600K	500K	40M	28.7M	34.1M
Total Non-Current Assets+	138.65M	172.12M	570.86M	523.9M	581.9M	589M	534.9M	509.8M	544.3M	613.5M
Property, Plant & Equipment	94.96M	112.1M	180.02M	163.45M	219.9M	230M	214.1M	211.7M	229.4M	0
Fixed Asset Turnover	8.55x	7.21x	5.57x	6.87x	5.17x	4.35x	5.09x	5.16x	5.42x	-
Goodwill	16.8M	21.07M	186.04M	182.67M	195.1M	207.8M	193.1M	182M	187.4M	185.6M
Intangible Assets	3.19M	6.46M	172.35M	146.55M	137.7M	126.2M	98M	76.4M	63.1M	58.7M
Long-Term Investments	0	0	0	32K	0	0	0	0	0	700K
Other Non-Current Assets	11.64M	19.05M	21.32M	15.71M	29.2M	25M	29.7M	39.7M	64.4M	368.5M
Total Assets+	432.3M	470.04M	993.98M	992.54M	1.06B	1.08B	1.06B	1.09B	1.11B	1.19B
Asset Turnover	1.88x	1.72x	1.01x	1.13x	1.07x	0.92x	1.03x	1.01x	1.12x	1.08x
Asset Growth %	-0.11%	0.09%	1.11%	-0%	0.07%	0.02%	-0.02%	0.02%	0.03%	0.07%
Total Current Liabilities+	133.22M	132.83M	236.51M	248.87M	274.9M	254.3M	290.3M	261.6M	273.7M	292.2M
Accounts Payable	50.35M	47.41M	96.08M	98.4M	94.1M	106.3M	121.5M	126.1M	111.4M	126.9M
Days Payables Outstanding	39.72	37.87	58.58	52.94	50.82	65.41	67.93	68.56	56.8	62.87
Short-Term Debt	3.46M	3.46M	30.88M	27M	31.3M	10.8M	4.2M	5.2M	6.3M	800K
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	44.88M	41.25M	63.63M	66.87M	104M	86M	113.3M	79.9M	102.3M	96M
Current Ratio	2.20x	2.24x	1.79x	1.88x	1.75x	1.94x	1.81x	2.20x	2.08x	1.97x
Quick Ratio	1.62x	1.65x	1.25x	1.34x	1.20x	1.44x	1.26x	1.41x	1.44x	1.34x
Cash Conversion Cycle	84.4	92.25	95.51	87.34	101.89	86.06	92.6	127.82	105.56	101.69
Total Non-Current Liabilities+	46.87M	58.66M	459M	427.32M	426.7M	422.2M	336.3M	351.4M	261.4M	275.8M
Long-Term Debt	21.19M	32.73M	345.96M	328.06M	307.5M	297.6M	263.4M	294.8M	193.7M	197M
Capital Lease Obligations	0	0	0	4.13M	30.3M	28.7M	25.4M	17.4M	27.9M	37.5M
Deferred Tax Liabilities	5K	171K	53.23M	46.02M	41.7M	39.1M	20.6M	11.5M	5M	4.9M
Other Non-Current Liabilities	25.67M	25.76M	59.81M	49.1M	47.2M	56.8M	26.9M	27.7M	34.8M	36.4M
Total Liabilities	180.09M	191.49M	695.5M	676.19M	701.6M	676.5M	626.6M	613M	535.1M	568M
Total Debt+	24.65M	36.19M	376.84M	355.06M	385.8M	353.5M	309.4M	332.4M	242.4M	254.3M
Net Debt	-26.65M	-21.84M	318.44M	269.46M	311.7M	213.1M	186.3M	255.2M	125.5M	154.7M
Debt / Equity	0.10x	0.13x	1.26x	1.12x	1.07x	0.87x	0.71x	0.70x	0.42x	0.41x
Debt / EBITDA	0.35x	0.42x	5.36x	3.16x	3.06x	3.02x	2.11x	2.45x	1.28x	1.50x
Net Debt / EBITDA	-0.37x	-0.25x	4.53x	2.40x	2.47x	1.82x	1.27x	1.88x	0.66x	0.91x
Interest Coverage	40.50x	53.56x	1.06x	2.48x	3.40x	3.08x	12.84x	12.28x	10.27x	12.56x
Total Equity+	252.21M	278.54M	298.47M	316.35M	361.3M	406.1M	435.1M	472.1M	578.3M	622.1M
Equity Growth %	-0.1%	0.1%	0.07%	0.06%	0.14%	0.12%	0.07%	0.09%	0.22%	0.08%
Book Value per Share	13.64	15.50	16.87	17.25	19.58	21.79	23.08	25.25	30.79	32.58
Total Shareholders' Equity	252.21M	278.54M	296.5M	314.42M	359.9M	404.8M	433.8M	470.8M	577M	620.8M
Common Stock	6.65M	6.63M	6.71M	6.8M	6.9M	6.9M	7M	7M	7M	7.1M
Retained Earnings	293.68M	318.18M	297.03M	316.27M	346M	363.3M	410.6M	458M	547.4M	609.7M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-48.13M	-49.92M	-22.32M	-37.19M	-38.5M	-20.1M	-37.9M	-50.2M	-42.3M	-72.7M
Minority Interest	0	0	1.97M	1.93M	1.4M	1.3M	1.3M	1.3M	1.3M	1.3M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	45.23M	57.88M	54.17M	79.97M	71.9M	133.8M	69.4M	-25.1M	188.4M	89.7M
Operating CF Margin %	0.06%	0.07%	0.05%	0.07%	0.06%	0.13%	0.06%	-0.02%	0.15%	0.07%
Operating CF Growth %	-0.24%	0.28%	-0.06%	0.48%	-0.1%	0.86%	-0.48%	-1.36%	8.51%	-0.52%
Net Income	32.09M	46.61M	-6.21M	33.54M	45.9M	33.7M	64.9M	66.3M	109.5M	83.7M
Depreciation & Amortization	18.03M	18.3M	43.25M	54.42M	54.4M	53.4M	53.1M	48.7M	51.1M	55.1M
Stock-Based Compensation	8.22M	3.88M	5.89M	8.31M	11.4M	6M	9.5M	7.8M	11.6M	11.9M
Deferred Taxes	-1.13M	-1.17M	-6.09M	-10.86M	-9.6M	-4M	-15M	-15.6M	-26.9M	-9.8M
Other Non-Cash Items	12.19M	272K	17.19M	2.69M	9.5M	4.2M	5.3M	-400K	4.7M	4M
Working Capital Changes	-24.17M	-10.01M	140K	-8.13M	-39.7M	40.5M	-48.4M	-131.9M	38.4M	-55.2M
Change in Receivables	4.55M	-9.28M	-14.38M	-7.62M	-9.9M	23.2M	-20.3M	-46.3M	4.1M	-15M
Change in Inventory	-10.19M	23K	-2.9M	-16.56M	-21.1M	18.3M	-56M	-68.3M	14.3M	-33M
Change in Payables	-10.46M	-3.9M	10.85M	4.57M	-7.5M	8.5M	19.1M	7.7M	-15.3M	15.4M
Cash from Investing+	-23.58M	-40.44M	-375.42M	-16.03M	-55.6M	-29.9M	1.7M	-24.5M	-23.2M	-78.4M
Capital Expenditures	-24.78M	-26.53M	-22.94M	-21.55M	-38.9M	-30M	-23.1M	-29.3M	-24M	-20.9M
CapEx % of Revenue	0.03%	0.03%	0.02%	0.02%	0.03%	0.03%	0.02%	0.03%	0.02%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	14K	-1.27M	1.59M	1.53M	3M	100K	100K	4.8M	800K	300K
Cash from Financing+	-61.41M	-9.56M	319.47M	-32.78M	-27.4M	-42.8M	-84.5M	8.1M	-122.6M	-25.2M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-14.5M	-14.29M	-14.95M	-15.34M	-16M	-16.3M	-17.5M	-18.9M	-20.1M	-21.4M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	859K	5.96M	6.82M	5.9M	-500K	-100K	-5.9M	-900K	19M	17.4M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	20.45M	31.35M	31.24M	58.41M	33M	103.8M	46.3M	-54.4M	164.4M	68.3M
FCF Margin %	0.03%	0.04%	0.03%	0.05%	0.03%	0.1%	0.04%	-0.05%	0.13%	0.05%
FCF Growth %	-0.49%	0.53%	-0%	0.87%	-0.44%	2.15%	-0.55%	-2.17%	4.02%	-0.58%
FCF per Share	1.11	1.74	1.77	3.19	1.79	5.57	2.46	-2.91	8.75	3.58
FCF Conversion (FCF/Net Income)	1.41x	1.24x	-8.74x	2.39x	1.57x	3.97x	1.07x	-0.38x	1.72x	1.07x
Interest Paid	1.17M	1.14M	14.2M	22.4M	19.7M	18.3M	11.7M	7.6M	17.1M	13.6M
Taxes Paid	23.42M	14.17M	13.5M	11.1M	21.7M	12M	19.5M	34.1M	39.5M	30.2M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	12.04%	17.57%	-2.15%	10.87%	13.52%	8.78%	15.43%	14.62%	20.85%	13.95%
Return on Invested Capital (ROIC)	18.07%	21.31%	4.64%	7.23%	8.56%	7.39%	11.33%	9.7%	14.53%	11.58%
Gross Margin	43%	43.48%	40.32%	39.61%	40.59%	40.74%	40.15%	38.54%	42.44%	42.74%
Net Margin	3.95%	5.76%	-0.62%	2.97%	4.03%	3.37%	5.95%	6.07%	8.81%	6.5%
Debt / Equity	0.10x	0.13x	1.26x	1.12x	1.07x	0.87x	0.71x	0.70x	0.42x	0.41x
Interest Coverage	40.50x	53.56x	1.06x	2.48x	3.40x	3.08x	12.84x	12.28x	10.27x	12.56x
FCF Conversion	1.41x	1.24x	-8.74x	2.39x	1.57x	3.97x	1.07x	-0.38x	1.72x	1.07x
Revenue Growth	-1.24%	-0.4%	24.05%	12.01%	1.25%	-12.01%	8.97%	0.13%	13.86%	3.47%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Equipment Sales	499.63M	491.07M	636.88M	729.99M	742.7M	-	-	664M	776.4M	808.7M
Equipment Sales Growth	-	-1.71%	29.69%	14.62%	1.74%	-	-	-	16.93%	4.16%
Parts and Consumables	-	173.63M	202.45M	222.34M	221M	-	-	263.1M	279.5M	274.3M
Parts and Consumables Growth	-	-	16.60%	9.83%	-0.60%	-	-	-	6.23%	-1.86%
Service and Other	-	-	-	-	-	-	-	165.1M	187.7M	203.7M
Service and Other Growth	-	-	-	-	-	-	-	-	13.69%	8.52%
Specialty Service Coatings	-	-	-	-	-	-	-	-	-	-
Specialty Service Coatings Growth	-	-	-	-	-	-	-	-	-	-
Maintenance	-	-	-	-	-	21.8M	32.5M	-	-	-
Maintenance Growth	-	-	-	-	-	-	49.08%	-	-	-
Services and Other	-	114.72M	132.33M	141.35M	148.2M	-	-	-	-	-
Services and Other Growth	-	-	15.35%	6.81%	4.85%	-	-	-	-	-
Specialty Surface Coatings	23.85M	29.15M	31.41M	29.83M	25.7M	-	-	-	-	-
Specialty Surface Coatings Growth	-	22.23%	7.76%	-5.03%	-13.84%	-	-	-	-	-
Replacement Parts	175.7M	-	-	-	-	-	-	-	-	-
Replacement Parts Growth	-	-	-	-	-	-	-	-	-	-
Sales Revenue, Services, Net	112.62M	-	-	-	-	-	-	-	-	-
Sales Revenue, Services, Net Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Americas	591.4M	607.03M	640.27M	691M	722.4M	-	-	705.9M	840.3M	888.5M
Americas Growth	-	2.64%	5.48%	7.92%	4.54%	-	-	-	19.04%	5.74%
EMEA	139.83M	129.05M	273.74M	335.6M	307.6M	-	-	301.6M	314.4M	318.5M
EMEA Growth	-	-7.71%	112.12%	22.60%	-8.34%	-	-	-	4.24%	1.30%
Asia Pacific	80.56M	72.5M	89.05M	96.91M	107.6M	-	-	84.7M	88.9M	79.7M
Asia Pacific Growth	-	-10.00%	22.83%	8.82%	11.03%	-	-	-	4.96%	-10.35%
Other Americas	-	-	-	-	112.8M	-	-	-	-	-
Other Americas Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Tennant Company (TNC) has a price-to-earnings (P/E) ratio of 18.2x. This is roughly in line with market averages.

Growth & Financials

Tennant Company (TNC) reported $1.24B in revenue for fiscal year 2024. This represents a 65% increase from $754.0M in 2011.

Tennant Company (TNC) grew revenue by 3.5% over the past year. Growth has been modest.

Yes, Tennant Company (TNC) is profitable, generating $54.8M in net income for fiscal year 2024 (6.5% net margin).

Dividend & Returns

Yes, Tennant Company (TNC) pays a dividend with a yield of 1.41%. This makes it attractive for income-focused investors.

Tennant Company (TNC) has a return on equity (ROE) of 13.9%. This is reasonable for most industries.

Tennant Company (TNC) generated $61.4M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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