company background image
TNC logo

Tennant NYSE:TNC Stock Report

Last Price

US$102.62

Market Cap

US$2.0b

7D

-3.1%

1Y

35.2%

Updated

22 May, 2024

Data

Company Financials +

Tennant Company Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tennant
Historical stock prices
Current Share PriceUS$102.62
52 Week HighUS$124.11
52 Week LowUS$72.60
Beta1.09
1 Month Change-10.90%
3 Month Change0.93%
1 Year Change35.19%
3 Year Change23.34%
5 Year Change73.81%
Change since IPO1,927.06%

Recent News & Updates

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

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

Recent updates

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

Tennant's (NYSE:TNC) Dividend Will Be Increased To $0.265

Nov 17
Tennant's (NYSE:TNC) Dividend Will Be Increased To $0.265

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

Nov 10
These 4 Measures Indicate That Tennant (NYSE:TNC) Is Using Debt Extensively

Tennant Q3 2022 Earnings Preview

Oct 26

Tennant (NYSE:TNC) Has Some Way To Go To Become A Multi-Bagger

Sep 27
Tennant (NYSE:TNC) Has Some Way To Go To Become A Multi-Bagger

Tennant Company: A Solid Prospect To Clean Up Your Portfolio

Sep 18

Tennant Q2 2022 Earnings Preview

Aug 08

We Think Tennant (NYSE:TNC) Can Stay On Top Of Its Debt

Jul 21
We Think Tennant (NYSE:TNC) Can Stay On Top Of Its Debt

Tennant (NYSE:TNC) Is Reinvesting At Lower Rates Of Return

Jun 27
Tennant (NYSE:TNC) Is Reinvesting At Lower Rates Of Return

An Intrinsic Calculation For Tennant Company (NYSE:TNC) Suggests It's 33% Undervalued

Jun 12
An Intrinsic Calculation For Tennant Company (NYSE:TNC) Suggests It's 33% Undervalued

Shareholder Returns

TNCUS MachineryUS Market
7D-3.1%-1.2%1.2%
1Y35.2%31.8%27.7%

Return vs Industry: TNC exceeded the US Machinery industry which returned 31.8% over the past year.

Return vs Market: TNC exceeded the US Market which returned 27.7% over the past year.

Price Volatility

Is TNC's price volatile compared to industry and market?
TNC volatility
TNC Average Weekly Movement4.0%
Machinery Industry Average Movement4.7%
Market Average Movement5.9%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market2.8%

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

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$1.98b
Earnings (TTM)US$113.60m
Revenue (TTM)US$1.25b

17.2x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TNC income statement (TTM)
RevenueUS$1.25b
Cost of RevenueUS$708.30m
Gross ProfitUS$540.50m
Other ExpensesUS$426.90m
EarningsUS$113.60m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.98
Gross Margin43.28%
Net Profit Margin9.10%
Debt/Equity Ratio34.8%

How did TNC perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

18%

Payout Ratio

Does TNC pay a reliable dividends?

See TNC dividend history and benchmarks
When do you need to buy TNC by to receive an upcoming dividend?
Tennant dividend dates
Ex Dividend DateMay 31 2024
Dividend Pay DateJun 14 2024
Days until Ex dividend8 days
Days until Dividend pay date22 days

Does TNC pay a reliable dividends?

See TNC dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.