What is the ROE (Return on Equity) of Tennant this year?
The ROE of Tennant this year is 0.19 undefined.
Tennant ROE 2024
Tennant ROE
0.19
Ticker
TNC
ISIN
US8803451033
WKN
858055
In 2024, Tennant's return on equity (ROE) was 0.19, a 34.76% increase from the 0.14 ROE in the previous year.
Tennant Aktienanalyse
What does Tennant do?
Tennant Co. is a global leading manufacturer of cleaning equipment and technologies. The company was founded in 1870 by George H. Tennant and is headquartered in Minnesota, USA. History: Tennant Co. began as George H. Tennant purchased a mill in Minneapolis and later expanded it into a vacuum cleaner factory. In 1910, the company became known as Tennant Co. and started manufacturing floor cleaning equipment. Over the years, the company steadily expanded its product portfolio and developed innovative technologies such as the automatic scrubbing machine. Business Model: Tennant Co. is a globally operating company with a wide product portfolio and a focus on sustainability and environmental friendliness. The company offers solutions for cleaning various types of flooring and surfaces such as concrete, wood, tiles, textiles, and carpets. Tennant Co. provides products and services for both commercial and residential use. Divisions: The company has four main divisions: floor cleaning, surface cleaning, water treatment, and partnerships. The floor cleaning division offers a variety of equipment and technologies for floor cleaning, including sweepers, scrubbers, burnishers, and electric cleaning vehicles. In surface cleaning, Tennant Co. provides solutions for cleaning different surfaces such as airplanes, trains, ship decks, and roads. This includes high-pressure cleaners, sandblasting equipment, ultra-high-pressure cleaners, and sweepers. The water treatment division offers solutions for water treatment, such as removing dirt and chemical contaminants. This includes water filtration systems, adsorption systems, ozone filtration, and ultrafiltration systems. The partnership division aims to form partnerships with other companies to develop innovative solutions and explore new business opportunities. Products: Tennant Co. offers a wide range of products. In the floor cleaning segment, the company provides floor cleaning machines (sweepers, scrubbers, and burnishers), cleaning tools and accessories such as brushes and filters. In the surface cleaning segment, Tennant Co. offers high-pressure cleaners, sandblasting equipment, and sweepers. The company also offers more environmentally friendly solutions such as electric sweepers and battery-operated devices. In the water treatment segment, the company offers a wide range of systems for removing contaminants, such as adsorption and ultrafiltration systems. Conclusion: Tennant Co. is a company with a long history and a wide range of cleaning solutions and technologies. The company strives to offer environmentally friendly solutions and form partnerships with other companies to develop innovative solutions. Tennant's commitment to sustainability, innovation, and quality makes it one of the leading providers of cleaning equipment and technologies. Tennant ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROE Details
Decoding Tennant's Return on Equity (ROE)
Tennant's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing Tennant's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
Tennant's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in Tennant’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about Tennant stock
How has the Return on Equity (ROE) of Tennant developed compared to the previous year?
The ROE of Tennant has increased by 34.76% increased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Tennant?
A high ROE indicates that Tennant generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of Tennant?
A low ROE can indicate that Tennant is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of Tennant affect the company?
A change in ROE (Return on Equity) of Tennant can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of Tennant?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of Tennant?
Some factors that can influence Tennant's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
How much dividend does Tennant pay?
Over the past 12 months, Tennant paid a dividend of 1.08 USD . This corresponds to a dividend yield of about 1.28 %. For the coming 12 months, Tennant is expected to pay a dividend of 1.18 USD.
What is the dividend yield of Tennant?
The current dividend yield of Tennant is 1.28 %.
When does Tennant pay dividends?
Tennant pays a quarterly dividend. This is distributed in the months of March, June, September, December.
How secure is the dividend of Tennant?
Tennant paid dividends every year for the past 79 years.
What is the dividend of Tennant?
For the upcoming 12 months, dividends amounting to 1.18 USD are expected. This corresponds to a dividend yield of 1.4 %.
In which sector is Tennant located?
Tennant is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Tennant kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Tennant from 12/16/2024 amounting to 0.295 USD, you needed to have the stock in your portfolio before the ex-date on 11/29/2024.
When did Tennant pay the last dividend?
The last dividend was paid out on 12/16/2024.
What was the dividend of Tennant in the year 2023?
In the year 2023, Tennant distributed 1.015 USD as dividends.
In which currency does Tennant pay out the dividend?
The dividends of Tennant are distributed in USD.
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Our stock analysis for Tennant Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tennant Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
