Skip to content
MARKETS / NYSE / TNC
NYSE · REFRIGERATION & SERVICE INDUSTRY MACHINERY · LARGE CAP

Tennant Co. TNC

17 fiscal years on record · USD · FY2025 reported · SEC filings only
16 YEARS OF DIVIDEND GROWTH
$1.2B
▼ 6.5% YoY
$43.8M
▼ 47.7% YoY
$43.3M
▼ 37.1% YoY
In brief

What this company does

Tennant Company offers manual and autonomous mechanized cleaning equipment for industrial and commercial use, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions. It has 11 global manufacturing locations and operates in three geographic areas: the Americas, Europe, Middle East and Africa, and Asia Pacific. It aggregates its operating segments into one reportable segment that consists of the design, manufacture, sale and servicing of products used primarily in the maintenance of nonresidential surfaces. It sells products directly in 21 countries and through distributors in more than 100 countries. As of December 31, 2025, it had 4,484 employees worldwide, of which approximately 40.4% are located in the U.S. Tennant Company was founded in 1870 by George H. Tennant and is headquartered in Eden Prairie, Minnesota. Tennant was incorporated as a Minnesota corporation in 1909, having begun as a one-man woodworking business that evolved into a wood flooring and wood products company and, eventually, into a manufacturer of floor cleaning equipment.

Written from the business description in TENNANT CO's annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.

Growth
USD 1.2B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.2 · Net income 0.0
0.5B1.0B200920112013201520172019202120232025
Compound annual growth
+3.3%
+3.8%
+4.0%
+4.0%
−12.9%
+5.4%
+3.2%
+1.5%
−12.7%
+5.5%
+3.1%
+1.8%
+5.6%
+6.1%
+4.1%
+4.8%
+67.4%
+45.9%
+6.3%
+16.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +3.8% a year over five years — but profit grew faster: net income at +5.4%, earnings per share at +5.5%.

The share count fell from 0.02B to 0.02B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
4 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 5.7% · Net 3.6%
5%10%-2%-4%200920112013201520172019202120232025
ROE
FY2025 · ROE 7.2%
10%20%-5%-10%200920112013201520172019202120232025

Each USD of equity produced 7 cents of profit this year.

Cash & shareholders
USD 107.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 43.3
80M160M-20M-40M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 21.9 · Net buybacks 86.0
40M80MDividendsNet buybacks200920112013201520172019202120232025

USD 21.9M in dividends and USD 86.0M in buybacks — 246% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 1.3B
EquityUSD 601.6M
CashUSD 106.4M
Gross debtUSD 274.0M
Net debtUSD 167.6M
Current ratio2.05×

Net debt stands at 28% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B1.21.31.21.11.11.01.11.11.00.80.80.80.80.70.80.70.6
Operating income $B0.10.10.10.10.10.10.10.10.00.10.10.10.10.10.00.0−0.0
EBITDA $B0.10.20.20.10.10.10.10.10.10.10.10.10.10.10.10.1−0.0
Income tax $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0−0.00.0
Net income $B0.00.10.10.10.10.00.00.0−0.00.00.00.10.00.00.00.0−0.0
Free cash flow $B0.00.10.2−0.10.10.10.00.10.00.00.00.00.00.00.00.00.1
EPS, diluted $2.364.385.833.553.441.812.481.82−0.352.591.742.702.142.181.691.80−1.42
Dividend / sh $1.201.141.071.010.940.890.880.850.840.810.800.780.720.690.680.590.53
Payout %5026182927483546−24231452933313932−38
ROE %7.214.020.914.715.58.813.610.9−2.217.612.018.616.118.215.017.4−14.2
Shares out B0.020.020.020.020.020.020.020.020.020.020.020.020.020.020.020.02·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 83 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 12 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRefrigeration & Service Industry Machinery
Listed onNYSE
Incorporated inMinnesota
Fiscal year endsDecember 31
Data on record since2009

Share this section

Download image