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Tennant Company TNC Return on assets

Return on assets at other companies

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CintasCTAS
19.5%+0.4pp
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Alamo GroupALG
6.3%-1.4pp
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TerexTEX
1.4%-3.8pp
Federal Signal logo
Federal SignalFSS
12.5%+0.5pp
ALH
Alliance Laundry Holdings Inc.ALH
3.6%
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MiddlebyMIDD
-6.6%-12.6pp

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$1.49B+3.0%
Enterprise value$1.8B+11.4%
P/E30.8×+11.9×
P/S1.2×+0.1×

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.

Based on trailing twelve months.

The official record: Tennant Company’s 10-Q, filed November 4, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tennant Company's return on assets?
Tennant Company (TNC) reported return on assets of 4.4% in Q3 2025.
How has Tennant Company's return on assets changed year-over-year?
Tennant Company's return on assets decreased by 53.4% year-over-year, from 9.5% to 4.4%.
What is the long-term trend for Tennant Company's return on assets?
Over 4 years (2020 to 2024), Tennant Company's return on assets has grown at a 23.3% compound annual growth rate (CAGR), from 3.1% to 7.3%.
What does return on assets mean?
Trailing-twelve-month net income divided by average total assets. Measures how efficiently the asset base generates profit, independent of how those assets are financed. Computed as net income over average total assets — note this is OpenCapital's standard definition and may differ from data vendors that use alternative numerators.