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Tennant NYSE:TNC Stock Report

Last Price

US$80.29

Market Cap

US$1.5b

7D

-4.5%

1Y

-12.9%

Updated

20 Dec, 2024

Data

Company Financials +

TNC Stock Overview

Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. More details

TNC fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends5/6

My Notes

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Community Narratives

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Tennant Company Competitors

Price History & Performance

Summary of share price highs, lows and changes for Tennant
Historical stock prices
Current Share PriceUS$80.29
52 Week HighUS$124.11
52 Week LowUS$80.03
Beta0.99
1 Month Change-6.31%
3 Month Change-12.80%
1 Year Change-12.86%
3 Year Change-0.087%
5 Year Change2.49%
Change since IPO1,485.98%

Recent News & Updates

Tennant (NYSE:TNC) Shareholders Will Want The ROCE Trajectory To Continue

Nov 19
Tennant (NYSE:TNC) Shareholders Will Want The ROCE Trajectory To Continue

Tennant (NYSE:TNC) Is Paying Out A Larger Dividend Than Last Year

Nov 04
Tennant (NYSE:TNC) Is Paying Out A Larger Dividend Than Last Year

Recent updates

Tennant (NYSE:TNC) Shareholders Will Want The ROCE Trajectory To Continue

Nov 19
Tennant (NYSE:TNC) Shareholders Will Want The ROCE Trajectory To Continue

Tennant (NYSE:TNC) Is Paying Out A Larger Dividend Than Last Year

Nov 04
Tennant (NYSE:TNC) Is Paying Out A Larger Dividend Than Last Year

Tennant (NYSE:TNC) Has A Pretty Healthy Balance Sheet

Oct 24
Tennant (NYSE:TNC) Has A Pretty Healthy Balance Sheet

Tennant Company Should Clean Up Nicely

Sep 08

Calculating The Intrinsic Value Of Tennant Company (NYSE:TNC)

Aug 20
Calculating The Intrinsic Value Of Tennant Company (NYSE:TNC)

Is Now An Opportune Moment To Examine Tennant Company (NYSE:TNC)?

Aug 08
Is Now An Opportune Moment To Examine Tennant Company (NYSE:TNC)?

These 4 Measures Indicate That Tennant (NYSE:TNC) Is Using Debt Reasonably Well

Jul 12
These 4 Measures Indicate That Tennant (NYSE:TNC) Is Using Debt Reasonably Well

With EPS Growth And More, Tennant (NYSE:TNC) Makes An Interesting Case

Jun 08
With EPS Growth And More, Tennant (NYSE:TNC) Makes An Interesting Case

Returns At Tennant (NYSE:TNC) Are On The Way Up

May 23
Returns At Tennant (NYSE:TNC) Are On The Way Up

What Does Tennant Company's (NYSE:TNC) Share Price Indicate?

May 05
What Does Tennant Company's (NYSE:TNC) Share Price Indicate?

Tennant Company Cleaned Up Nicely (Rating Downgrade)

Apr 09

Is Tennant (NYSE:TNC) Using Too Much Debt?

Apr 01
Is Tennant (NYSE:TNC) Using Too Much Debt?

Calculating The Fair Value Of Tennant Company (NYSE:TNC)

Mar 17
Calculating The Fair Value Of Tennant Company (NYSE:TNC)

Investor Optimism Abounds Tennant Company (NYSE:TNC) But Growth Is Lacking

Jan 30
Investor Optimism Abounds Tennant Company (NYSE:TNC) But Growth Is Lacking

Tennant: Resilient In Times Of Turbulence

Jan 23

Tennant (NYSE:TNC) Is Experiencing Growth In Returns On Capital

Jan 17
Tennant (NYSE:TNC) Is Experiencing Growth In Returns On Capital

Is Now The Time To Look At Buying Tennant Company (NYSE:TNC)?

Jan 04
Is Now The Time To Look At Buying Tennant Company (NYSE:TNC)?

Tennant Company's (NYSE:TNC) Intrinsic Value Is Potentially 28% Above Its Share Price

Dec 15
Tennant Company's (NYSE:TNC) Intrinsic Value Is Potentially 28% Above Its Share Price

Tennant Company: A Potential Upside In Cleaning (At The Right Price)

Nov 03

There's Been No Shortage Of Growth Recently For Tennant's (NYSE:TNC) Returns On Capital

Sep 27
There's Been No Shortage Of Growth Recently For Tennant's (NYSE:TNC) Returns On Capital

If EPS Growth Is Important To You, Tennant (NYSE:TNC) Presents An Opportunity

Sep 11
If EPS Growth Is Important To You, Tennant (NYSE:TNC) Presents An Opportunity

Here's Why Tennant (NYSE:TNC) Can Manage Its Debt Responsibly

Aug 21
Here's Why Tennant (NYSE:TNC) Can Manage Its Debt Responsibly

Tennant Company: There's Still Upside To Capture

Aug 17

Is It Time To Consider Buying Tennant Company (NYSE:TNC)?

Aug 07
Is It Time To Consider Buying Tennant Company (NYSE:TNC)?

Tennant (NYSE:TNC) Might Have The Makings Of A Multi-Bagger

Jun 12
Tennant (NYSE:TNC) Might Have The Makings Of A Multi-Bagger

Here's Why Tennant (NYSE:TNC) Has Caught The Eye Of Investors

May 29
Here's Why Tennant (NYSE:TNC) Has Caught The Eye Of Investors

Tennant Company: Should Shine Bright With Its Attractive Prospects

May 24

When Should You Buy Tennant Company (NYSE:TNC)?

Apr 30
When Should You Buy Tennant Company (NYSE:TNC)?

Tennant Q4 2022 Earnings Preview

Feb 22

These 4 Measures Indicate That Tennant (NYSE:TNC) Is Using Debt Reasonably Well

Feb 18
These 4 Measures Indicate That Tennant (NYSE:TNC) Is Using Debt Reasonably Well

Tennant declares $0.265 dividend

Feb 14

At US$65.35, Is Tennant Company (NYSE:TNC) Worth Looking At Closely?

Jan 08
At US$65.35, Is Tennant Company (NYSE:TNC) Worth Looking At Closely?

Tennant Company Can Still Move Higher Despite Recent Weakness

Dec 13

Shareholder Returns

TNCUS MachineryUS Market
7D-4.5%-5.8%-3.5%
1Y-12.9%11.9%22.1%

Return vs Industry: TNC underperformed the US Machinery industry which returned 11.9% over the past year.

Return vs Market: TNC underperformed the US Market which returned 22.1% over the past year.

Price Volatility

Is TNC's price volatile compared to industry and market?
TNC volatility
TNC Average Weekly Movement4.3%
Machinery Industry Average Movement5.7%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: TNC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TNC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18704,457Dave Humlwww.tennantco.com

Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and asset management solutions. It provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions.

Tennant Company Fundamentals Summary

How do Tennant's earnings and revenue compare to its market cap?
TNC fundamental statistics
Market capUS$1.54b
Earnings (TTM)US$108.10m
Revenue (TTM)US$1.27b

14.0x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TNC income statement (TTM)
RevenueUS$1.27b
Cost of RevenueUS$723.70m
Gross ProfitUS$545.50m
Other ExpensesUS$437.40m
EarningsUS$108.10m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.73
Gross Margin42.98%
Net Profit Margin8.52%
Debt/Equity Ratio32.3%

How did TNC perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

19%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:01
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tennant Company is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark Zinski21st Century Equity Research
Thomas HayesCL King & Associates, Inc.
Michael ShliskyColliers Securities