What is Tennant Company's quick ratio?

Tennant Company (TNC) reported quick ratio of 1.4× in Q1 2026.

How has Tennant Company's quick ratio changed year-over-year?

Tennant Company's quick ratio increased by 0.8% year-over-year, from 1.4× to 1.4×.

What is the long-term trend for Tennant Company's quick ratio?

Over 5 years (2020 to 2025), Tennant Company's quick ratio has grown at a -1.0% compound annual growth rate (CAGR), from 1.4× to 1.4×.

What does quick ratio mean?

Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.

Tennant Company TNC Quick ratio

Quick ratio at other companies

CintasCTAS

1.7×+0.2×

Custom Truck One SourceCTOS

0.2×0.0×

Alamo GroupALG

2.4×-0.2×

TerexTEX

0.9×-0.2×

SharkNinjaSN

1.6×—

Federal SignalFSS

1.3×+0.2×

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

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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.

quick assets/total current liabilities=1.4×

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 quick ratio?: Tennant Company (TNC) reported quick ratio of 1.4× in Q1 2026.
How has Tennant Company's quick ratio changed year-over-year?: Tennant Company's quick ratio increased by 0.8% year-over-year, from 1.4× to 1.4×.
What is the long-term trend for Tennant Company's quick ratio?: Over 5 years (2020 to 2025), Tennant Company's quick ratio has grown at a -1.0% compound annual growth rate (CAGR), from 1.4× to 1.4×.
What does quick ratio mean?: Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.