Skip to content
Tennant Company logo

Tennant Company

TNC

Tennant Company is a leading global manufacturer and marketer of floor cleaning equipment and sustainable cleaning solutions.

Market cap
$1.48B-2.9%
Revenue$1.2B-4.3%
Net income$48.4M-42.2%
Free cash flow$16.3M-73.5%
EPS (diluted)$1.89-47.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$329.6M
EPS estimate$1.33

Financials

Q1 2026

Income statement

See full
Revenue$297.9M+2.7%
Gross profit$113.6M-5.3%
Operating income$4.9M-75.0%
Net income$200.0K-98.5%
EPS (diluted)$0.01-98.6%

Balance sheet

See full
Cash & equivalents$82.6M+3.9%
Total debt$393.7M+57.2%
Total equity$531.2M-14.9%
Total assets$1.3B+8.2%

Cash flow

See full
Operating cash flow-$31.2M-7,700%
CapEx$3.2M-54.3%
Free cash flow-$34.4M-365%

Valuation & ratios

Valuation

See full
Market cap$1.48B-2.9%
Enterprise value$1.79B+4.5%
P/E30.5×
P/S1.2×0.0×

Profitability

See full
Gross margin39.5%-2.6pp
Operating margin4.8%-2.8pp
FCF margin1.3%-3.5pp

Returns & leverage

See full
Debt / equity0.7×+0.3×
Current ratio2.1×0.0×

Segments

By geography

See full
Americas$194.0M-1.7%
Europe, Middle East and Africa$86.9M+14.3%
Asia Pacific$17.0M+1.8%

By product

See full
Equipment$178.1M+3.1%
Parts and consumables$64.6M-4.0%
Service and other$55.2M+10.6%

Competitors

Profile

Tennant Company is a leading global manufacturer and marketer of floor cleaning equipment and sustainable cleaning solutions. The company designs and produces machinery for industrial and commercial environments, focusing on innovative technologies that reduce environmental impact and improve cleaning efficiency. Its value proposition centers on providing high-performance equipment supported by an extensive direct sales and service network.

Competitive position

A leading global player in the mechanized floor cleaning industry known for premium branding and a strong direct-to-customer service model.

GeographiesNorth America, Europe, Asia Pacific, Latin America
Customer segmentsIndustrial, Commercial, Institutional
Business modelManufacturing, Aftermarket parts and service
SuppliersSteel suppliers, Petroleum-related component manufacturers, Battery manufacturers, Electronic component suppliers
CustomersContract cleaners, Retailers, Logistics and warehousing companies, Manufacturing plants
Listed1972
Employees4.5K
CEODavid W. Huml
FilingsSEC EDGAR

Questions, answered.

What is Tennant Company's market cap?
Tennant Company (TNC) has a market capitalization of $1.5B and trades on NYSE.
What is Tennant Company's revenue and profitability?
Tennant Company generated $1.2B in trailing twelve-month revenue with net income of $48.4M, representing a net margin of 4.4%. Gross margin stands at 39.5%, with free cash flow of $16.3M. These figures are based on the Q1 2026 filing.
Who are Tennant Company's competitors?
Tennant Company's key competitors include EquipmentShare.com Inc Class A Common Stock, Cintas Corp, SharkNinja, Inc., and others. These companies compete in similar markets and product categories.
Where is Tennant Company headquartered?
Tennant Company is headquartered in United States of America and employs approximately 4,457 people. It has been publicly traded since 1972.