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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
47.33
Free Cash Flow
TTM
$16.30M

Stock Price

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Market Cap: $1.4624 Billion

About Tennant Co

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.

Revenue model
Transactional sales of floor cleaning equipment combined with aftermarket servicing revenue. The company sells and services products used in nonresidential surface maintenance.
Products and services
Floor cleaning equipment and related maintenance solutions for nonresidential surfaces, including design, manufacture, sale, and servicing of those products.
Customers and end markets
Operators of nonresidential facilities requiring surface maintenance. The filing does not specify named customer segments or concentration data.
Value-chain role
Manufacturer and servicer of floor cleaning equipment. Operates 11 global manufacturing locations and sells direct and through service channels.
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.

Source: SEC 10-K, filed 2026-02-24

Industry: Refrigeration & Service Industry Machinery Peers: Enerpac Tool Group Corp BARNES GROUP INC Energy Recovery Inc Helios Technologies Inc Hillman Solutions Corp Illinois Tool Works Inc Mueller Water Products Inc Omega Flex Inc Proto Labs Inc Standex International Corp

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