What is Tennant Company's price / book?

Tennant Company (TNC) reported price / book of 2.3× in Q1 2026.

How has Tennant Company's price / book changed year-over-year?

Tennant Company's price / book decreased by 6.3% year-over-year, from 2.4× to 2.3×.

What is the long-term trend for Tennant Company's price / book?

Over 5 years (2020 to 2025), Tennant Company's price / book has grown at a -7.1% compound annual growth rate (CAGR), from 3.2× to 2.2×.

What does price / book mean?

Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

Tennant Company TNC Price / book

Price / book at other companies

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16.8×-1.4×

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1.8×+0.7×

Alamo GroupALG

1.7×-0.3×

TerexTEX

1.4×0.0×

SharkNinjaSN

5.4×-0.3×

Federal SignalFSS

4.6×+0.9×

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+9.1%

Enterprise value$1.82B+17.1%

P/E31.3×+12.0×

P/S1.3×+0.2×

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

See full

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.

market cap/total stockholders equity=2.3×

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 price / book?: Tennant Company (TNC) reported price / book of 2.3× in Q1 2026.
How has Tennant Company's price / book changed year-over-year?: Tennant Company's price / book decreased by 6.3% year-over-year, from 2.4× to 2.3×.
What is the long-term trend for Tennant Company's price / book?: Over 5 years (2020 to 2025), Tennant Company's price / book has grown at a -7.1% compound annual growth rate (CAGR), from 3.2× to 2.2×.
What does price / book mean?: Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.