Tennant Company Key Fundamental Indicators

TNC Stock  USD 78.55  0.36  0.46%   
As of the 3rd of February, Tennant has the Variance of 3.02, coefficient of variation of (4,964), and Risk Adjusted Performance of (0.01). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tennant Company, as well as the relationship between them.

Tennant Total Revenue

1.55 Billion

Tennant's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Tennant's valuation are provided below:
Gross Profit
519.5 M
Profit Margin
0.0442
Market Capitalization
1.4 B
Enterprise Value Revenue
1.2515
Revenue
1.2 B
We have found one hundred twenty available fundamental trend indicators for Tennant Company, which can be analyzed and compared to other ratios and to its competition. Investors should ensure to double-check all of Tennant's current performance against the performance from 2010 to 2026 to make sure the company is sustainable down the road. The current year's Enterprise Value is expected to grow to about 1.6 B, whereas Market Cap is forecasted to decline to about 695.5 M. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
At present, Tennant's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.6 B, whereas Total Other Income Expense Net is projected to grow to (8.1 M).
  
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Tennant Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.4 B1.4 B833.4 M
Slightly volatile
Short and Long Term Debt Total307.1 M292.4 M200.3 M
Slightly volatile
Other Current Liabilities148 M141 M97.5 M
Slightly volatile
Total Current Liabilities352.8 M336 M213.8 M
Slightly volatile
Total Stockholder Equity749.6 M713.9 M384.3 M
Slightly volatile
Property Plant And Equipment Net288.6 M274.9 M166.7 M
Slightly volatile
Retained Earnings736.2 M701.2 M379.7 M
Slightly volatile
Cash120.3 M114.5 M82.5 M
Slightly volatile
Non Current Assets Total740.8 M705.5 M402.3 M
Slightly volatile
Non Currrent Assets Other445 M423.8 M90.4 M
Slightly volatile
Cash And Short Term Investments120.3 M114.5 M82.5 M
Slightly volatile
Net Receivables312.9 M298 M194.4 M
Slightly volatile
Common Stock Shares Outstanding15.3 M17.2 M18.5 M
Slightly volatile
Liabilities And Stockholders Equity1.4 B1.4 B833.4 M
Slightly volatile
Non Current Liabilities Total333 M317.2 M234.5 M
Slightly volatile
Inventory221.9 M211.4 M126.3 M
Slightly volatile
Other Current Assets41.2 M39.2 M27.6 M
Slightly volatile
Total Liabilities685.9 M653.2 M448.3 M
Slightly volatile
Property Plant And Equipment Gross664 M632.4 M272.2 M
Slightly volatile
Total Current Assets696.2 M663.1 M431.1 M
Slightly volatile
Short Term Debt23.9 M22.8 M16.8 M
Slightly volatile
Accounts Payable153.2 M145.9 M89.4 M
Slightly volatile
Intangible Assets44.1 M67.5 M64.7 M
Slightly volatile
Good Will224.1 M213.4 M123 M
Slightly volatile
Current Deferred Revenue12.2 M8.8 M9.2 M
Very volatile
Common Stock Total Equity6.4 M8.1 M6.7 M
Slightly volatile
Common Stock6.6 M8.2 M6.7 M
Slightly volatile
Other Liabilities48.3 M45.1 M51.3 M
Pretty Stable
Other Assets1.091.1523.2 M
Very volatile
Long Term Debt113.9 M227.1 M161.8 M
Slightly volatile
Property Plant Equipment288.6 M274.9 M163.5 M
Slightly volatile
Long Term Debt Total200.4 M227.9 M168.1 M
Slightly volatile
Capital Surpluse92.6 M88.2 M41.4 M
Slightly volatile
Non Current Liabilities Other47.9 M26.3 M42.2 M
Very volatile
Deferred Long Term Asset Charges12.2 M17.8 M12.8 M
Slightly volatile
Short and Long Term Debt684 K720 K8.4 M
Very volatile
Cash And Equivalents102 M114.8 M82.3 M
Slightly volatile
Net Invested Capital800.7 M942 M722.3 M
Slightly volatile
Net Working Capital272.5 M327.1 M228.7 M
Slightly volatile
Capital Stock7.7 M8.2 MM
Slightly volatile
Capital Lease Obligations48.5 M64.4 M47.2 M
Pretty Stable

Tennant Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization66.5 M63.4 M39.3 M
Slightly volatile
Total Revenue1.6 B1.5 B990.3 M
Slightly volatile
Gross Profit664.1 M632.5 M414.1 M
Slightly volatile
Other Operating Expenses1.4 B1.3 B912.9 M
Slightly volatile
Operating Income138 M131.4 M76.8 M
Slightly volatile
EBIT137.5 M131 M76.6 M
Slightly volatile
EBITDA204.1 M194.3 M115.9 M
Slightly volatile
Cost Of Revenue889.6 M847.2 M576.2 M
Slightly volatile
Total Operating Expenses526.1 M501.1 M336.7 M
Slightly volatile
Income Tax Expense25.5 M24.3 M14.6 M
Pretty Stable
Selling General Administrative248 M450.7 M294.4 M
Slightly volatile
Research Development29.7 M50.4 M32.3 M
Slightly volatile
Selling And Marketing Expenses379.2 M361.1 M230.8 M
Slightly volatile
Non RecurringM10.1 M11 M
Slightly volatile
Tax Provision13.1 M24.3 M14.6 M
Pretty Stable
Interest Income5.8 M10.3 M4.7 M
Slightly volatile
Reconciled Depreciation56.9 M63.4 M49.2 M
Slightly volatile

Tennant Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow141.4 M134.7 M81.8 M
Slightly volatile
Depreciation66.5 M63.4 M39.4 M
Slightly volatile
Capital Expenditures22.7 M24.6 M23.1 M
Slightly volatile
End Period Cash Flow120.5 M114.8 M82.7 M
Slightly volatile
Issuance Of Capital Stock4.4 M4.5 M5.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.81.071.2078
Pretty Stable
Dividend Yield0.02990.01610.0229
Slightly volatile
PTB Ratio2.232.223.3495
Slightly volatile
Days Sales Outstanding80.4384.5273.0725
Slightly volatile
Book Value Per Share31.2929.819.882
Slightly volatile
Stock Based Compensation To Revenue0.00630.00830.0078
Very volatile
Capex To Depreciation0.420.450.7813
Slightly volatile
PB Ratio2.232.223.3495
Slightly volatile
EV To Sales0.831.181.301
Very volatile
ROIC0.110.09950.1053
Pretty Stable
Inventory Turnover4.063.614.9098
Slightly volatile
Days Of Inventory On Hand81.5910577.9317
Slightly volatile
Payables Turnover5.625.226.7875
Slightly volatile
Sales General And Administrative To Revenue0.350.340.3032
Slightly volatile
Research And Ddevelopement To Revenue0.03850.03910.0348
Slightly volatile
Capex To Revenue0.01820.01910.0277
Slightly volatile
Cash Per Share5.014.774.326
Slightly volatile
Interest Coverage19.1614.4418.5139
Slightly volatile
Days Payables Outstanding69.2572.358.3616
Pretty Stable
Intangibles To Total Assets0.110.180.183
Slightly volatile
Current Ratio2.442.272.1239
Pretty Stable
Receivables Turnover4.044.475.0268
Slightly volatile
Graham Number54.3951.835.2089
Slightly volatile
Shareholders Equity Per Share31.2329.7419.8368
Slightly volatile
Debt To Equity0.220.370.4734
Slightly volatile
Capex Per Share0.91.031.2236
Slightly volatile
Revenue Per Share64.7261.6451.7885
Slightly volatile
Interest Debt Per Share13.2512.6211.0098
Slightly volatile
Debt To Assets0.20.190.1967
Slightly volatile
Enterprise Value Over EBITDA14.988.9812.181
Very volatile
Operating Cycle162189151
Slightly volatile
Price Book Value Ratio2.232.223.3495
Slightly volatile
Days Of Payables Outstanding69.2572.358.3616
Pretty Stable
Operating Profit Margin0.08050.10.0778
Pretty Stable
Company Equity Multiplier1.51.732.1201
Pretty Stable
Long Term Debt To Capitalization0.110.220.2456
Slightly volatile
Total Debt To Capitalization0.140.260.2739
Slightly volatile
Return On Capital Employed0.180.150.1469
Slightly volatile
Debt Equity Ratio0.220.370.4734
Slightly volatile
Ebit Per Revenue0.08050.10.0778
Pretty Stable
Quick Ratio1.731.551.5247
Slightly volatile
Net Income Per E B T0.640.720.9899
Very volatile
Cash Ratio0.220.310.3813
Pretty Stable
Cash Conversion Cycle99.6911799.8093
Very volatile
Days Of Inventory Outstanding81.5910577.9317
Slightly volatile
Days Of Sales Outstanding80.4384.5273.0725
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.430.690.7195
Slightly volatile
Price To Book Ratio2.232.223.3495
Slightly volatile
Fixed Asset Turnover4.944.886.3879
Slightly volatile
Enterprise Value Multiple14.988.9812.181
Very volatile
Debt Ratio0.20.190.1967
Slightly volatile
Price Sales Ratio0.81.071.2078
Pretty Stable
Asset Turnover1.711.241.3709
Slightly volatile
Gross Profit Margin0.480.490.4284
Very volatile
Price Fair Value2.232.223.3495
Slightly volatile

Tennant Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap695.5 M1.4 B1.1 B
Slightly volatile
Enterprise Value1.6 B1.5 B1.3 B
Slightly volatile

Tennant Fundamental Market Drivers

Forward Price Earnings11.0375
Cash And Short Term Investments99.6 M

Tennant Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
26th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Tennant Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Tennant is extremely important. It helps to project a fair market value of Tennant Stock properly, considering its historical fundamentals such as Return On Equity. Since Tennant's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tennant's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tennant's interrelated accounts and indicators.
Will Industrial Machinery & Supplies & Components sector continue expanding? Could Tennant diversify its offerings? Factors like these will boost the valuation of Tennant. If investors know Tennant will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Tennant data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.27)
Dividend Share
1.18
Earnings Share
2.92
Revenue Per Share
66.802
Quarterly Revenue Growth
(0.04)
Understanding Tennant Company requires distinguishing between market price and book value, where the latter reflects Tennant's accounting equity. The concept of intrinsic value—what Tennant's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Tennant's price substantially above or below its fundamental value.
Please note, there is a significant difference between Tennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Tennant's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.

Tennant 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Tennant's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Tennant.
0.00
11/05/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/03/2026
0.00
If you would invest  0.00  in Tennant on November 5, 2025 and sell it all today you would earn a total of 0.00 from holding Tennant Company or generate 0.0% return on investment in Tennant over 90 days. Tennant is related to or competes with China Yuchai, Babcock Wilcox, Gorman Rupp, ICF International, NAPCO Security, Compass Diversified, and Costamare. Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Amer... More

Tennant Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Tennant's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Tennant Company upside and downside potential and time the market with a certain degree of confidence.

Tennant Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tennant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tennant's standard deviation. In reality, there are many statistical measures that can use Tennant historical prices to predict the future Tennant's volatility.
Hype
Prediction
LowEstimatedHigh
76.3878.0379.68
Details
Intrinsic
Valuation
LowRealHigh
70.3793.1194.76
Details
Naive
Forecast
LowNextHigh
73.5675.2176.87
Details
3 Analysts
Consensus
LowTargetHigh
100.10110.00122.10
Details

Tennant February 3, 2026 Technical Indicators

Tennant Company Backtested Returns

At this point, Tennant is very steady. Tennant Company owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0599, which indicates the firm had a 0.0599 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Tennant Company, which you can use to evaluate the volatility of the company. Please validate Tennant's Risk Adjusted Performance of (0.01), coefficient of variation of (4,964), and Variance of 3.02 to confirm if the risk estimate we provide is consistent with the expected return of 0.0991%. Tennant has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 1.56, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tennant will likely underperform. Tennant Company right now has a risk of 1.65%. Please validate Tennant skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Tennant will be following its existing price patterns.

Auto-correlation

    
  0.08  

Virtually no predictability

Tennant Company has virtually no predictability. Overlapping area represents the amount of predictability between Tennant time series from 5th of November 2025 to 20th of December 2025 and 20th of December 2025 to 3rd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tennant Company price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Tennant price fluctuation can be explain by its past prices.
Correlation Coefficient0.08
Spearman Rank Test0.15
Residual Average0.0
Price Variance3.29
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Tennant Total Stockholder Equity

Total Stockholder Equity

749.62 Million

At present, Tennant's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Tennant Company has a Return On Equity of 0.0849. This is 80.7% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The return on equity for all United States stocks is 127.39% lower than that of the firm.

Tennant Company Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Tennant's current stock value. Our valuation model uses many indicators to compare Tennant value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tennant competition to find correlations between indicators driving Tennant's intrinsic value. More Info.
Tennant Company is currently under evaluation in return on equity category among its peers. It also is currently under evaluation in return on asset category among its peers reporting about  0.54  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tennant Company is roughly  1.86 . At present, Tennant's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tennant's earnings, one of the primary drivers of an investment's value.

Tennant Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tennant's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tennant could also be used in its relative valuation, which is a method of valuing Tennant by comparing valuation metrics of similar companies.
Tennant is currently under evaluation in return on equity category among its peers.

Tennant Current Valuation Drivers

We derive many important indicators used in calculating different scores of Tennant from analyzing Tennant's financial statements. These drivers represent accounts that assess Tennant's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tennant's important valuation drivers and their relationship over time.
202120222023202420252026 (projected)
Market Cap1.5B1.1B1.7B1.5B1.4B695.5M
Enterprise Value1.7B1.4B1.8B1.7B1.5B1.6B

Tennant Fundamentals

About Tennant Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tennant Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tennant using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tennant Company based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue8.8 M12.2 M
Total Revenue1.5 B1.6 B
Cost Of Revenue847.2 M889.6 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.34  0.35 
Research And Ddevelopement To Revenue 0.04  0.04 
Capex To Revenue 0.02  0.02 
Revenue Per Share 61.64  64.72 
Ebit Per Revenue 0.10  0.08 

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When determining whether Tennant Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tennant's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tennant Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tennant Company Stock:
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You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Will Industrial Machinery & Supplies & Components sector continue expanding? Could Tennant diversify its offerings? Factors like these will boost the valuation of Tennant. If investors know Tennant will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Tennant data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.27)
Dividend Share
1.18
Earnings Share
2.92
Revenue Per Share
66.802
Quarterly Revenue Growth
(0.04)
Understanding Tennant Company requires distinguishing between market price and book value, where the latter reflects Tennant's accounting equity. The concept of intrinsic value—what Tennant's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Tennant's price substantially above or below its fundamental value.
Please note, there is a significant difference between Tennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Tennant's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.