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Tennant Company TNC Debt-to-equity

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Other financials

Income statement

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Revenue$324.0M+1.7%
Gross profit$127.9M-4.6%
Operating income$15.9M-48.0%
Net income$7.6M-62.4%
EPS (diluted)$0.44-59.3%

Balance sheet

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Cash & equivalents$76.9M-4.0%
Total debt$392.7M+57.6%
Total equity$533.4M-18.2%
Total assets$1.3B+2.4%

Cash flow

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Operating cash flow-$31.2M-7,700%
CapEx$5.3M+39.5%
Free cash flow-$300.0K-102%

Valuation

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Market cap$1.31B-14.9%
Enterprise value$1.63B-4.9%
P/E30.5×+11.8×
P/S1.1×-0.2×

Profitability

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Gross margin38.8%-3.0pp
Operating margin3.5%-3.5pp
Net margin4.4%-4.1pp
FCF margin-0.2%-5.5pp

Returns & leverage

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Return on equity8.5%-9.6pp
Current ratio0.0×

Where this comes from

Calculated from Tennant Company’s reported figures.

Based on the most recent quarter.

The source filing: Tennant Company’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 2:36 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000097134-26-000024

FAQ

What is Tennant Company's debt-to-equity?
Tennant Company (TNC) reported debt-to-equity of 0.7× in Q2 2026.
How has Tennant Company's debt-to-equity changed year-over-year?
Tennant Company's debt-to-equity increased by 92.6% 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.

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