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Tennant Co

tennantco.com

Tennant Co (NYSE: TNC) is a floor cleaning equipment company that designs, manufactures, and sells products used primarily in the maintenance of nonresidential surfaces. Revenue comes from equipment sales and servicing of those products across commercial and industrial end markets. Founded in 1870 by George H. Tennant and incorporated as a Minnesota corporation in 1909, the company is headquartered in Eden Prairie, Minnesota, and operates 11 global manufacturing locations across three geographic segments: the Americas, Europe Middle East and Africa (EMEA), and Asia Pacific (APAC). The company reports as a single operating segment covering the design, manufacture, sale, and servicing of floor cleaning and maintenance equipment. Its product focus is nonresidential surface maintenance, targeting customers seeking to reduce waste, lower operating costs, and meet safety and sustainability objectives.

Products & Services

Floor cleaning equipment and related maintenance solutions for nonresidential surfaces, including design, manufacture, sale, and servicing of those products.

Revenue Model

Transactional sales of floor cleaning equipment combined with aftermarket servicing revenue. The company sells and services products used in nonresidential surface maintenance.

Customers & Markets

Operators of nonresidential facilities requiring surface maintenance. The filing does not specify named customer segments or concentration data.

Geographic Exposure

Three geographic areas as of the 10-K filed 2026-02-24: Americas, Europe Middle East and Africa (EMEA), and Asia Pacific (APAC). Headquartered in Eden Prairie, Minnesota.

Financial Snapshot

Revenue
TTM
$1.211B
Gross Margin
TTM
39.36%
Net Income
TTM
$30.90M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
211.75%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$533.0M
Cash
2026 Q1
P/E
TTM
46.34
Free Cash Flow
TTM
$16.30M

Stock Price

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Market Cap: $1.4318 Billion

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