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Tennant Company TNC Debt-to-equity

Debt-to-equity at other companies

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0.6×-0.1×
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2.2×+0.1×
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0.3×0.0×
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0.6×-0.8×
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0.4×+0.1×

Other financials

Income statement

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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

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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

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

Valuation

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Market cap$1.51B-20.3%
Enterprise value$1.82B-9.8%
P/E31.3×+12.0×
P/S1.3×-0.3×

Profitability

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Gross margin39.5%-2.6pp
Operating margin4.8%-2.8pp
Net margin4.4%-4.1pp
FCF margin1.3%-3.5pp

Returns & leverage

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Return on equity8.5%-9.6pp
Current ratio2.1×0.0×

Where this comes from

Calculated from Tennant Company’s reported figures.

Based on the most recent quarter.

The official record: Tennant Company’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tennant Company's debt-to-equity?
Tennant Company (TNC) reported debt-to-equity of 0.7× in Q1 2026.
How has Tennant Company's debt-to-equity changed year-over-year?
Tennant Company's debt-to-equity increased by 84.7% year-over-year, from 0.4× to 0.7×.
What is the long-term trend for Tennant Company's debt-to-equity?
Over 5 years (2020 to 2025), Tennant Company's debt-to-equity has grown at a -8.8% compound annual growth rate (CAGR), from 0.9× to 0.6×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.