Tennant (TNC) Stock Overview
Designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
TNC Community Fair Values
Create NarrativeSee what 30 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Tennant Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$84.01 |
| 52 Week High | US$88.86 |
| 52 Week Low | US$60.18 |
| Beta | 1.12 |
| 1 Month Change | -3.57% |
| 3 Month Change | 35.85% |
| 1 Year Change | 12.52% |
| 3 Year Change | 5.12% |
| 5 Year Change | 2.79% |
| Change since IPO | 1,559.46% |
Recent News & Updates
Recent updates
Narrative Update • May 28
TNC: Robotics Expansion And Guidance Confidence Will Ultimately Unlock Margin Upside
Analysts have kept their price target for Tennant steady at $99.00. They cite only small updates to assumptions around discount rate, revenue growth, profit margin and future P/E that do not materially change their overall view.Narrative Update • May 08
TNC: Tariff And Shipment Pressures Will Ultimately Unlock Margin Upside
Analysts now place Tennant's fair value at $99, up from $91. This reflects updated views on its margin outlook and longer term cash generation following recent research commentary that highlighted near term profitability and cash flow pressures.Narrative Update • Apr 24
TNC: Tariff And Shipment Headwinds Will Set Stage For Future Upside
Analysts have reduced Tennant's average price target, with one firm lowering its view from $93 to $67 after a "weak" Q4 report and concerns that shipment constraints, stabilization costs, and tariff inflation could weigh on profitability and cash flow into 2026. Analyst Commentary Recent research points to a more cautious stance on Tennant, with the average price target reduced and one firm moving its rating to Hold while trimming its target from $93 to $67.Seeking Alpha • Apr 10
Tennant Company: CFO's Q4 Breakdown Proves Dividend Is Safe Despite The ERP Disaster
Summary Tennant Company suffered after a failed ERP rollout, but management's transparency and remediation efforts inspire confidence. Management expects the ERP situation to stabilize in H1 2026; a clean Q1 print could trigger a rapid revaluation. The real growth engine is AMR robotic cleaning revenue, which hit $85 million in 2025. A new dedicated TNC Robotics Group was launched to scale toward management's $250M target by 2028. If ERP remediation is tracking, the April print could be a clean re-entry into a Dividend King at 13.4x forward earnings. Read the full article on Seeking Alpha
Narrative Update • Apr 10
TNC: Profitability And Cash Flow Headwinds Will Pressure Shares Into 2026
Analysts have cut Tennant's price target from $93 to $67, citing weaker Q4 results and ongoing pressure on near-term profitability and cash flow from shipment constraints, stabilization costs, and tariff inflation, which they expect to continue into 2026. Analyst Commentary Bearish analysts are signaling a shift in sentiment on Tennant, pointing to weaker recent results and a tougher setup for the next couple of years.Narrative Update • Mar 27
TNC: Shipment And Tariff Pressures Will Set Stage For Future Upside
Analysts have reduced Tennant's fair value estimate from $125.00 to $91.00, citing weaker Q4 results and expectations for continued pressure on near term profitability and cash flow due to shipment constraints, stabilization costs, and tariff inflation. Analyst Commentary Recent research points to a more cautious stance on Tennant, with at least one firm moving to a Hold rating and resetting its price target to $67 from $93 after the latest Q4 report.
Narrative Update • Mar 12
TNC: Reset Margins And Buybacks Will Support Long Term Upside
Analysts have reset Tennant's fair value estimate from $99 to $83.75, citing lower expected profit margins and near term pressure on profitability and cash flow following what they view as a weak Q4 and ongoing shipment, stabilization, and tariff headwinds that some expect to extend into 2026. Analyst Commentary Recent research has shifted sentiment around Tennant, with the latest report cutting the rating to Hold and lowering the price target to US$67 from US$93 following what is characterized as a weak Q4.Narrative Update • Feb 26
TNC: Share Repurchases And 2026 Earnings Outlook Will Support Bullish Case
Analysts have reset their fair value estimate for Tennant to $99 from $109, reflecting the use of a higher discount rate and updated assumptions for revenue growth, profit margins, and future P/E. What's in the News Tennant issued 2026 earnings guidance, calling for net sales of $1.24b to $1.28b and diluted net income per share of $4.05 to $4.65 (Key Developments).Analysis Article • Jan 27
Tennant's (NYSE:TNC) Returns Have Hit A Wall
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Analysis Article • Nov 07
Tennant Company Just Missed Earnings - But Analysts Have Updated Their Models
Last week, you might have seen that Tennant Company ( NYSE:TNC ) released its third-quarter result to the market. The...Analysis Article • Nov 04
Tennant's (NYSE:TNC) Upcoming Dividend Will Be Larger Than Last Year's
The board of Tennant Company ( NYSE:TNC ) has announced that it will be increasing its dividend by 5.1% on the 15th of...Analysis Article • Sep 26
Tennant Company's (NYSE:TNC) Price In Tune With Earnings
Tennant Company's ( NYSE:TNC ) price-to-earnings (or "P/E") ratio of 24.2x might make it look like a sell right now...Narrative Update • Aug 27
Autonomous Robots And Sustainable Cleaning Will Expand Market Reach
Despite stronger revenue growth forecasts, a substantial decline in net profit margin has driven a reduction in Tennant’s consensus analyst price target from $125.00 to $109.00. What's in the News Tennant completed the repurchase of 179,824 shares for $13.28 million under its 2016 buyback program, totaling 791,635 shares and $66.88 million; no shares were repurchased under the 2025 program.Analysis Article • Aug 10
Tennant Company Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
NYSE:TNC 1 Year Share Price vs Fair Value Explore Tennant's Fair Values from the Community and select yours The...Analysis Article • Jul 29
These 4 Measures Indicate That Tennant (NYSE:TNC) Is Using Debt Reasonably Well
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jul 14
At US$83.62, Is Tennant Company (NYSE:TNC) Worth Looking At Closely?
Tennant Company ( NYSE:TNC ), might not be a large cap stock, but it saw a significant share price rise of 23% in the...Analysis Article • May 24
Returns Are Gaining Momentum At Tennant (NYSE:TNC)
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Analysis Article • May 04
Earnings Miss: Tennant Company Missed EPS By 28% And Analysts Are Revising Their Forecasts
Tennant Company ( NYSE:TNC ) just released its latest first-quarter report and things are not looking great. Results...Analysis Article • Apr 23
It's Unlikely That Shareholders Will Increase Tennant Company's (NYSE:TNC) Compensation By Much This Year
Key Insights Tennant will host its Annual General Meeting on 29th of April Salary of US$947.5k is part of CEO Dave...Analysis Article • Apr 10
Is Tennant Company (NYSE:TNC) Trading At A 35% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Tennant fair value estimate is US$114 Current share price of...Analysis Article • Mar 26
Here's Why Tennant (NYSE:TNC) Can Manage Its Debt Responsibly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Seeking Alpha • Mar 07
Tennant Company Deserves Patience
Summary Tennant Company, a global leader in mechanized cleaning, was rated a “Buy” despite mixed financial results and a 7.2% stock decline since last September. Revenue grew by 5.6% year-over-year, but net profits fell due to legal, restructuring, and modernization costs, with EBITDA being the only improving metric. 2025 guidance indicates revenue and profitability declines, but the stock remains relatively undervalued compared to peers, with promising long-term growth opportunities. Management's focus on organic growth, acquisitions, and investment in autonomous technology suggests potential upside, justifying a soft “buy” rating for TNC stock despite short-term challenges. Read the full article on Seeking AlphaAnalysis Article • Feb 11
Is Tennant Company (NYSE:TNC) Potentially Undervalued?
Tennant Company ( NYSE:TNC ), might not be a large cap stock, but it saw a decent share price growth of 10% on the NYSE...Analysis Article • Dec 23
Improved Earnings Required Before Tennant Company (NYSE:TNC) Shares Find Their Feet
Tennant Company's ( NYSE:TNC ) price-to-earnings (or "P/E") ratio of 14x might make it look like a buy right now...Analysis Article • Nov 19
Tennant (NYSE:TNC) Shareholders Will Want The ROCE Trajectory To Continue
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...Analysis Article • Nov 04
Tennant (NYSE:TNC) Is Paying Out A Larger Dividend Than Last Year
Tennant Company ( NYSE:TNC ) has announced that it will be increasing its dividend from last year's comparable payment...Analysis Article • Oct 24
Tennant (NYSE:TNC) Has A Pretty Healthy Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Shareholder Returns
| TNC | US Machinery | US Market | |
|---|---|---|---|
| 7D | -2.4% | 2.4% | -2.9% |
| 1Y | 12.5% | 40.4% | 23.5% |
Return vs Industry: TNC underperformed the US Machinery industry which returned 40.4% over the past year.
Return vs Market: TNC underperformed the US Market which returned 23.5% over the past year.
Price Volatility
| TNC volatility | |
|---|---|
| TNC Average Weekly Movement | 4.1% |
| Machinery Industry Average Movement | 6.6% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1870 | 4,484 | Dave Huml | www.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 manual and autonomous mechanized cleaning equipment for industrial and commercial use, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, and equipment maintenance and repair services. It also provides business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions.
Tennant Company Fundamentals Summary
| TNC fundamental statistics | |
|---|---|
| Market cap | US$1.43b |
| Earnings (TTM) | US$30.90m |
| Revenue (TTM) | US$1.21b |
46.3x
P/E Ratio1.2x
P/S RatioIs TNC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TNC income statement (TTM) | |
|---|---|
| Revenue | US$1.21b |
| Cost of Revenue | US$733.50m |
| Gross Profit | US$477.90m |
| Other Expenses | US$447.00m |
| Earnings | US$30.90m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.81 |
| Gross Margin | 39.45% |
| Net Profit Margin | 2.55% |
| Debt/Equity Ratio | 67.1% |
How did TNC perform over the long term?
See historical performance and comparisonDividends
1.5%
Current Dividend Yield71%
Payout RatioDoes TNC pay a reliable dividends?
See TNC dividend history and benchmarks| Tennant dividend dates | |
|---|---|
| Ex Dividend Date | May 29 2026 |
| Dividend Pay Date | Jun 15 2026 |
| Days until Ex dividend | 9 days |
| Days until Dividend pay date | 8 days |
Does TNC pay a reliable dividends?
See TNC dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/07 01:09 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Tennant Company is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Shlisky | Colliers Securities |
| Dmitriy Pozdnyakov | Freedom Broker |
| Scott Graham | Jefferies LLC |