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Tennant Company TNC Gross margin

Gross margin at other companies

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Alamo GroupALG
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TerexTEX
17.3%-2.8pp
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SharkNinjaSN
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29%+0.2pp

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

Where this comes from

Calculated from Tennant Company’s reported figures.

Based on trailing twelve months.

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 gross margin?
Tennant Company (TNC) reported gross margin of 39.5% in Q1 2026.
How has Tennant Company's gross margin changed year-over-year?
Tennant Company's gross margin decreased by 6.2% year-over-year, from 42.1% to 39.5%.
What is the long-term trend for Tennant Company's gross margin?
Over 5 years (2020 to 2025), Tennant Company's gross margin has grown at a -0.2% compound annual growth rate (CAGR), from 40.7% to 40.2%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.