TENNANT CO TNC
Last close
71.97
2026-09-04
Market cap
$1.23B
2026-06-30 share count
52-week range
60.17 - 91.93
Valuation FY2025 figures against the last close
P/S1.0x
P/E30.5x
P/FCF28.3x
EV/EBITDA12.3x
Dividend yield1.8%
Diluted EPS2.36
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.20B | $1.29B | $1.24B | $1.09B | $1.09B | $1.00B | $1.14B | $1.12B | $1.00B | $808.6M |
| Cost of revenue | $719.2M | $736.7M | $715.8M | $671.3M | $652.8M | $593.2M | $675.9M | $678.5M | $603.3M | $457.0M |
| Gross profit | $484.3M | $550.0M | $527.8M | $420.9M | $438.0M | $407.8M | $461.7M | $445.0M | $399.8M | $351.6M |
| R&D | $41.2M | $43.8M | $36.6M | $31.1M | $32.2M | $30.1M | $32.7M | $30.7M | $32.0M | $34.7M |
| SG&A | $374.8M | $391.9M | $352.6M | $306.3M | $321.9M | $314.0M | $357.2M | $356.3M | $334.8M | $248.6M |
| Total operating expenses | — | — | — | — | — | $344.1M | $389.9M | $387.0M | $366.8M | $283.3M |
| Operating income | $68.3M | $114.3M | $138.6M | $87.2M | $93.7M | $63.7M | $71.8M | $58.0M | $33.0M | $68.3M |
| Interest expense | — | — | — | — | $7.3M | $17.4M | $17.8M | $23.3M | $25.4M | $1.3M |
| Pre-tax income | $57.9M | $104.8M | $123.8M | $79.5M | $74.1M | $41.1M | $54.0M | $35.8M | -$1.3M | $66.5M |
| Income tax | $14.1M | $21.1M | $14.3M | $13.2M | $9.2M | $7.4M | $8.1M | $2.3M | $4.9M | $19.9M |
| Net income | $43.8M | $83.7M | $109.5M | $66.3M | $64.9M | $33.7M | $45.8M | $33.4M | -$6.2M | $46.6M |
| EPS, basic | 2.38 | 4.46 | 5.92 | 3.58 | 3.51 | 1.84 | 2.53 | 1.86 | -0.35 | 2.66 |
| EPS, diluted | 2.36 | 4.38 | 5.83 | 3.55 | 3.44 | 1.81 | 2.48 | 1.82 | -0.35 | 2.59 |
| Shares, diluted (wtd. avg.) | $18.6M | $19.1M | $18.8M | $18.7M | $18.8M | $18.6M | $18.5M | $18.3M | $17.7M | $18.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $106.4M | $99.8M | $117.1M | $77.4M | $123.6M | $141.0M | $74.6M | $86.1M | $59.0M | $58.5M |
| Receivables | $256.8M | $259.1M | $247.6M | $251.5M | $211.4M | $199.9M | $216.5M | $208.0M | $203.3M | $145.3M |
| Inventory | $198.5M | $183.8M | $175.9M | $206.6M | $160.6M | $127.7M | $150.1M | $135.1M | $127.7M | $78.6M |
| Total current assets | $599.7M | $576.6M | $569.1M | $575.3M | $526.8M | $493.6M | $481.0M | $468.6M | $423.1M | $297.9M |
| Property, plant and equipment | — | — | — | — | $172.8M | $185.5M | $173.3M | $163.4M | $180.0M | $112.1M |
| Goodwill | $208.6M | $185.6M | $187.4M | $182.0M | $193.1M | $207.8M | $195.1M | $182.7M | $186.0M | $21.1M |
| Other intangibles | $52.6M | $58.7M | $63.1M | $76.4M | $98.0M | $126.2M | $137.7M | $146.5M | $172.3M | $6.5M |
| Total assets | $1.27B | $1.19B | $1.11B | $1.09B | $1.06B | $1.08B | $1.06B | $992.5M | $994.0M | $470.0M |
| Accounts payable | $127.5M | $126.9M | $111.4M | $126.1M | $121.5M | $106.3M | $94.1M | $98.4M | $96.1M | $47.4M |
| Short-term debt | $400.0K | $1.3M | $6.4M | $5.2M | $4.2M | $10.9M | $31.3M | $27.0M | $30.9M | $3.5M |
| Total current liabilities | $293.1M | $292.2M | $273.7M | $261.6M | $290.3M | $254.3M | $274.9M | $248.9M | $236.5M | $132.8M |
| Long-term debt | $273.6M | $199.5M | $200.6M | $300.3M | $267.6M | $311.6M | — | — | — | — |
| Total liabilities | $665.5M | $568.0M | $535.1M | $613.0M | $626.6M | $676.5M | $701.6M | $676.2M | $695.5M | $191.5M |
| Retained earnings | $628.1M | $609.7M | $547.4M | $458.0M | $410.6M | $363.3M | $346.0M | $316.3M | $297.0M | $318.2M |
| Total equity | $601.6M | $620.8M | $578.3M | $472.1M | $435.1M | $406.1M | $361.3M | $316.3M | $298.5M | $278.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $65.0M | $89.7M | $188.4M | -$25.1M | $69.4M | $133.8M | $71.9M | $80.0M | $54.2M | $57.9M |
| Depreciation and amortisation | $45.0M | $40.1M | $36.4M | $32.8M | $33.1M | $32.6M | $32.2M | $32.3M | $26.2M | $17.9M |
| Stock-based compensation | $10.4M | $11.9M | $11.6M | $7.8M | $9.5M | $6.0M | $11.4M | $8.3M | $5.9M | $3.9M |
| Capital expenditure | $21.7M | $20.9M | $22.8M | $25.0M | $19.4M | $29.9M | $38.4M | $18.8M | $20.4M | $26.5M |
| Investing cash flow | -$22.7M | -$78.4M | -$23.2M | -$24.5M | $1.7M | -$29.9M | -$55.6M | -$16.1M | -$375.3M | -$40.6M |
| Financing cash flow | -$38.7M | -$25.2M | -$122.6M | $8.1M | -$84.5M | -$42.8M | -$27.4M | -$32.8M | $319.4M | -$9.6M |
| Dividends paid | $21.9M | $21.4M | $20.1M | $18.9M | $17.5M | $16.3M | $16.0M | $15.3M | $15.0M | $14.3M |
| Buybacks | $88.5M | $19.6M | $21.7M | $5.0M | $15.0M | $0 | $0 | $0 | $0 | $12.8M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000097134-26-000008.
Others in SIC 3580
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| MIDD | MIDDLEBY Corp | $5.05B | — | 1.6% |
| ALH | Alliance Laundry Holdings Inc. | $4.52B | 40.6x | 13.3% |
| SXI | STANDEX INTERNATIONAL CORP/DE/ | $3.34B | 31.8x | 12.8% |
| HAYW | Hayward Holdings, Inc. | $3.02B | 20.5x | 6.7% |
| LBGJ | Li Bang International Corp Inc. | — | — | 2.9% |