Tennant (TNC) Stock Price

Tennant Price

NYSE·CLOSED
88.07USD+0.75 (+0.85 %)
Market closed

Over the last 19 years Tennant grew revenue by 3.7% annually, reaching 1.20 B USD. Earnings per share have grown at 2.3% per year over the last 19 years. For Tennant, the net margin of 3.6% is down versus 5.9% a few years ago. At today's price the dividend yield works out to roughly 1.36%. The payout ratio is around 50% of earnings. The dividend has grown at 3.0% per year over the past 19 years. The consensus 12-month price target for Tennant is 113.22 USD, about 28.6% above where the stock trades today. Of 8 analysts, 7 rate the stock a buy — an overall Buy consensus. The stock trades about 45% above its 52-week low.

Tennant stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Tennant over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Tennant stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Tennant's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Tennant Stock Price History
DateTennant Price
8/5/202688.07 USD
8/4/202687.32 USD
8/3/202685.82 USD
7/31/202684.03 USD
7/30/202682.68 USD
7/29/202685.17 USD
7/27/202686.43 USD
7/23/202686.82 USD
7/22/202686.17 USD
7/21/202686.57 USD
7/20/202685.79 USD
7/17/202686.11 USD
7/16/202688.33 USD
7/15/202686.17 USD
7/14/202685.15 USD
7/13/202684.80 USD
7/10/202685.55 USD
7/9/202685.28 USD
7/8/202685.81 USD
7/7/202686.70 USD
7/6/202687.93 USD
7/2/202687.48 USD
7/1/202686.07 USD
6/30/202687.54 USD
6/29/202688.71 USD
6/26/202691.15 USD
6/25/202691.05 USD
6/24/202688.77 USD
6/23/202688.44 USD
6/22/202691.30 USD
6/18/202689.86 USD
6/17/202687.40 USD
6/16/202687.89 USD
6/15/202686.46 USD
6/12/202688.42 USD
6/11/202685.43 USD
6/10/202686.40 USD
6/9/202686.65 USD
6/8/202685.31 USD
6/5/202684.19 USD
6/4/202683.98 USD
6/3/202684.25 USD
6/2/202686.65 USD
6/1/202684.22 USD
5/29/202686.83 USD
5/28/202686.84 USD
5/27/202686.32 USD
5/26/202684.93 USD
5/22/202683.32 USD
5/21/202680.21 USD
5/20/202681.86 USD
5/19/202680.44 USD
5/18/202681.50 USD
5/15/202680.72 USD
5/14/202683.03 USD
5/13/202682.53 USD
5/11/202685.98 USD
5/8/202687.12 USD
5/7/202686.91 USD
5/6/202687.22 USD
5/5/202682.63 USD
5/4/202681.95 USD
5/1/202682.78 USD
4/30/202683.04 USD
4/29/202681.10 USD
4/28/202681.93 USD
4/27/202682.50 USD
4/24/202681.52 USD
4/23/202680.16 USD
4/22/202680.78 USD
4/21/202678.78 USD
4/20/202678.90 USD
4/17/202678.70 USD
4/16/202678.26 USD
4/15/202678.05 USD
4/14/202678.75 USD
4/13/202679.40 USD
4/10/202677.50 USD
4/9/202676.98 USD
4/8/202674.81 USD
4/7/202673.05 USD
4/6/202670.77 USD
4/2/202669.84 USD
4/1/202669.08 USD
3/31/202666.40 USD
3/30/202664.33 USD
3/27/202666.50 USD
3/26/202667.73 USD
3/25/202668.19 USD
3/24/202667.44 USD
3/23/202665.99 USD
3/20/202665.16 USD
3/19/202664.83 USD
3/18/202664.83 USD
3/17/202664.19 USD
3/16/202662.01 USD
3/13/202663.71 USD
3/12/202663.28 USD
3/11/202663.84 USD
3/10/202663.13 USD
3/9/202661.84 USD
3/6/202661.45 USD
3/5/202662.05 USD
3/4/202662.84 USD
3/3/202661.99 USD
3/2/202660.91 USD
2/27/202661.03 USD
2/26/202663.24 USD
2/25/202662.73 USD
2/24/202662.81 USD
2/23/202682.30 USD
2/20/202683.37 USD
2/19/202683.57 USD
2/18/202683.31 USD
2/17/202683.01 USD
2/13/202683.04 USD
2/12/202681.61 USD
2/11/202681.64 USD
2/10/202681.24 USD
2/9/202681.50 USD
2/6/202681.97 USD
2/5/202680.84 USD
2/4/202681.16 USD
2/3/202678.55 USD
2/2/202678.19 USD
1/30/202676.09 USD
1/29/202676.63 USD
1/28/202675.52 USD
1/27/202675.53 USD
1/26/202676.43 USD
1/23/202677.66 USD
1/22/202679.23 USD
1/21/202679.66 USD
1/20/202677.10 USD
1/16/202679.97 USD
1/15/202679.73 USD
1/14/202678.33 USD
1/13/202678.10 USD
1/12/202677.95 USD
1/9/202678.56 USD
1/8/202677.45 USD
1/7/202674.62 USD
1/6/202676.96 USD
1/5/202675.44 USD
1/2/202673.96 USD
12/31/202573.70 USD
12/30/202574.05 USD
12/29/202574.88 USD
12/26/202575.43 USD
12/24/202575.37 USD
12/23/202575.32 USD
12/22/202575.20 USD
12/19/202574.58 USD
12/18/202575.25 USD
12/17/202576.45 USD
12/16/202576.47 USD
12/15/202576.38 USD
12/12/202577.00 USD
12/11/202577.61 USD
12/10/202575.90 USD
12/9/202573.49 USD
12/8/202573.13 USD
12/5/202574.50 USD
12/4/202574.27 USD
12/3/202573.97 USD
12/2/202572.40 USD
12/1/202572.51 USD
11/28/202573.13 USD
11/26/202573.77 USD
11/25/202573.66 USD
11/24/202570.77 USD
11/21/202571.72 USD
11/20/202569.24 USD
11/19/202568.97 USD
11/18/202569.25 USD
11/17/202569.88 USD
11/14/202572.19 USD
11/13/202573.54 USD
11/12/202573.99 USD
11/11/202572.89 USD
11/10/202573.93 USD
11/7/202574.58 USD
11/6/202574.46 USD
11/5/202574.86 USD
11/4/202575.29 USD
11/3/202579.62 USD
10/31/202580.00 USD
10/30/202580.09 USD
10/29/202581.19 USD
10/28/202581.15 USD
10/27/202581.70 USD
10/24/202581.69 USD
10/23/202581.21 USD
10/22/202580.39 USD
10/21/202581.41 USD
10/20/202580.69 USD
10/17/202579.57 USD
10/16/202579.47 USD
10/15/202579.96 USD
10/14/202579.49 USD
10/13/202578.73 USD
10/10/202578.21 USD
10/9/202579.70 USD
10/8/202581.86 USD
10/7/202581.79 USD
10/6/202583.69 USD
10/3/202582.82 USD
10/2/202581.82 USD
10/1/202581.33 USD
9/30/202581.06 USD
9/29/202580.31 USD
9/28/202580.31 USD
9/25/202580.57 USD
9/24/202579.68 USD
9/23/202581.66 USD
9/22/202580.97 USD
9/19/202580.67 USD
9/18/202582.44 USD
9/17/202580.95 USD
9/16/202581.62 USD
9/15/202581.25 USD
9/12/202581.04 USD
9/11/202583.12 USD
9/10/202581.04 USD
9/9/202581.20 USD
9/8/202582.27 USD
9/5/202582.75 USD
9/4/202582.57 USD
9/3/202580.07 USD
9/2/202580.72 USD
8/29/202582.04 USD
8/28/202582.98 USD
8/27/202583.66 USD
8/26/202582.88 USD
8/25/202583.05 USD
8/22/202583.69 USD
8/21/202580.73 USD
8/20/202581.44 USD
8/19/202583.54 USD
8/18/202582.45 USD
8/15/202581.50 USD
8/14/202582.68 USD
8/13/202585.34 USD
8/12/202583.11 USD
8/11/202580.34 USD
8/8/202580.31 USD
8/7/202579.72 USD
8/6/202582.59 USD
Access this data via the Eulerpool API

Tennant Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
1.09 B USD
87.20 M USD
66.30 M USD
Jan 1, 2023
1.24 B USD
138.60 M USD
109.50 M USD
Jan 1, 2024
1.29 B USD
114.30 M USD
83.70 M USD
Jan 1, 2025
1.20 B USD
68.30 M USD
43.80 M USD
Jan 1, 2026 (e)
1.27 B USD
103.39 M USD
95.07 M USD
Jan 1, 2027 (e)
1.34 B USD
109.39 M USD
119.10 M USD
Jan 1, 2028 (e)
1.44 B USD
117.46 M USD
107.58 M USD
Jan 1, 2029 (e)
1.55 B USD
126.53 M USD
0.00 USD

Tennant Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 6, 2026, 5:01 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
2014201520162017201820192020202120222023202420252026e2027e2028e2029e
0.820.810.811.001.121.141.001.091.091.241.291.201.271.341.441.55
9.18-1.22-0.3724.1311.961.25-11.968.890.1813.833.46-6.455.155.857.397.65
42.8743.0343.4440.2839.6340.5540.6640.1838.4642.4042.7740.2340.2340.2340.2340.23
352.00349.00351.00404.00445.00461.00407.00438.00420.00527.00550.00484.00508.94538.72578.55622.80
72.0053.0068.0027.0057.0071.0063.0093.0087.00138.00114.0068.00103.00109.00117.00126.00
8.776.548.422.695.086.246.298.537.9711.108.865.658.148.148.148.14
50.0032.0046.00-6.0033.0045.0033.0064.0066.00109.0083.0043.0095.00119.00107.00
25.00-36.0043.75-113.04-650.0036.36-26.6793.943.1365.15-23.85-48.19120.9325.26-10.08
0.780.800.810.840.850.880.890.941.021.081.141.201.241.321.40
8.332.561.253.701.193.531.145.628.515.885.565.263.336.456.06
18.7918.1118.0617.7618.3318.6318.6818.8218.6918.9319.0518.1818.1818.1818.1818.18
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Tennant generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Tennant retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Tennant's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Tennant has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Tennant's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Tennant stock margins

The Tennant margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Tennant. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Tennant.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
40.15 %
8.59 %
5.95 %
Jan 1, 2022
38.54 %
7.98 %
6.07 %
Jan 1, 2023
42.44 %
11.15 %
8.81 %
Jan 1, 2024
42.75 %
8.88 %
6.51 %
Jan 1, 2025
40.24 %
5.68 %
3.64 %
Jan 1, 2026 (e)
40.24 %
8.17 %
7.51 %
Jan 1, 2027 (e)
40.24 %
8.17 %
8.89 %
Jan 1, 2028 (e)
40.24 %
8.17 %
7.48 %

Tennant Stock Revenue, EBIT, Earnings per Share

The Tennant earnings per share therefore indicates how much revenue Tennant has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
57.96 USD
4.98 USD
3.45 USD
Jan 1, 2022
58.45 USD
4.67 USD
3.55 USD
Jan 1, 2023
65.69 USD
7.32 USD
5.78 USD
Jan 1, 2024
67.56 USD
6.00 USD
4.39 USD
Jan 1, 2025
66.18 USD
3.76 USD
2.41 USD
Jan 1, 2026 (e)
68.12 USD
5.69 USD
5.12 USD
Jan 1, 2027 (e)
72.08 USD
6.02 USD
6.41 USD
Jan 1, 2028 (e)
77.40 USD
6.46 USD
5.79 USD

Tennant business model & stock analysis

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 SWOT Analysis

Strengths

Tennant Co has a strong market position and brand reputation in the cleaning industry. The company has a diverse product portfolio, offering a wide range of innovative cleaning equipment and solutions. Tennant Co also benefits from a strong distribution network, allowing it to reach customers globally. The company has a solid financial performance and a history of generating consistent revenue and profit growth.

Weaknesses

Tennant Co may face challenges in terms of high dependence on a few key markets and customers, which poses a risk to its revenue stability. The company also operates in a highly competitive industry, facing competition from both established players and new entrants. Additionally, Tennant Co's reliance on third-party suppliers for certain components may expose it to supply chain disruptions and cost fluctuations.

Opportunities

Tennant Co has opportunities to capitalize on the growing demand for sustainable and environmentally-friendly cleaning solutions. The company can expand its product offerings in this segment, targeting customers who prioritize eco-friendly practices. Tennant Co can also explore untapped markets by expanding its presence in emerging economies, where demand for advanced cleaning equipment is on the rise.

Threats

Tennant Co faces the risk of economic downturns, which can impact customer spending on cleaning equipment and lead to reduced sales. The company also encounters potential threats from regulatory changes and compliance requirements, especially regarding environmental standards. Rapid technological advancements may pose a threat as Tennant Co needs to continuously innovate to stay ahead in an evolving market.

Tennant Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Tennant Employees
Details
Date
Tennant Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Tennant Segments

Tennant Revenue by Segment (1/3)

  • 3 Years

  • 5 Years

  • Max

Equipment
Parts and consumables
Service and other
Specialty Service Coatings
Specialty surface coatings
Details
Date
Equipment
Parts and consumables
Service and other
Specialty Service Coatings
Specialty surface coatings
Jan 1, 2018
729.99 M USD
222.35 M USD
141.35 M USD
0.00 USD
29.83 M USD
Jan 1, 2019
742.70 M USD
221.00 M USD
148.20 M USD
0.00 USD
25.70 M USD
Jan 1, 2020
0.00 USD
0.00 USD
142.80 M USD
22.70 M USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
664.00 M USD
263.10 M USD
165.10 M USD
0.00 USD
0.00 USD
Jan 1, 2023
776.40 M USD
279.50 M USD
187.70 M USD
0.00 USD
0.00 USD
Jan 1, 2024
808.70 M USD
274.30 M USD
203.70 M USD
0.00 USD
0.00 USD
Jan 1, 2025
714.70 M USD
275.60 M USD
213.20 M USD
0.00 USD
0.00 USD

Tennant Revenue by Segment (2/3)

  • 3 Years

  • Max

Equipment Sales
Parts and Consumables
Service and Other
Specialty Service Coatings
Details
Date
Equipment Sales
Parts and Consumables
Service and Other
Specialty Service Coatings
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
679.90 M USD
249.30 M USD
160.10 M USD
1.50 M USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Tennant Revenue by Segment (3/3)

  • 3 Years

  • 5 Years

  • Max

Equipment Sales
Parts and Consumables
Details
Date
Equipment Sales
Parts and Consumables
Jan 1, 2018
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
Jan 1, 2020
629.70 M USD
205.80 M USD
Jan 1, 2021
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD

Tennant Revenue by Region

  • 3 Years

  • 5 Years

  • Max

Americas
United States
Europe, Middle East and Africa (EMEA)
EMEA
Europe, Middle East, Africa
Other Americas
Asia Pacific
Americas, Excluding United States
Asia Pacific (APAC)
Details
Date
Americas
United States
Europe, Middle East and Africa (EMEA)
EMEA
Europe, Middle East, Africa
Other Americas
Asia Pacific
Americas, Excluding United States
Asia Pacific (APAC)
Jan 1, 2018
691.00 M USD
0.00 USD
0.00 USD
0.00 USD
335.60 M USD
0.00 USD
96.91 M USD
0.00 USD
0.00 USD
Jan 1, 2019
722.40 M USD
609.60 M USD
0.00 USD
0.00 USD
307.60 M USD
112.80 M USD
107.60 M USD
0.00 USD
0.00 USD
Jan 1, 2020
631.00 M USD
546.20 M USD
0.00 USD
278.20 M USD
0.00 USD
0.00 USD
91.80 M USD
84.80 M USD
0.00 USD
Jan 1, 2021
658.30 M USD
566.40 M USD
0.00 USD
331.90 M USD
0.00 USD
0.00 USD
100.60 M USD
91.90 M USD
0.00 USD
Jan 1, 2022
705.90 M USD
618.80 M USD
301.60 M USD
0.00 USD
0.00 USD
87.10 M USD
0.00 USD
0.00 USD
84.70 M USD
Jan 1, 2023
840.30 M USD
726.80 M USD
314.40 M USD
0.00 USD
0.00 USD
113.50 M USD
0.00 USD
0.00 USD
88.90 M USD
Jan 1, 2024
888.50 M USD
766.90 M USD
318.50 M USD
0.00 USD
0.00 USD
121.60 M USD
0.00 USD
0.00 USD
79.70 M USD
Jan 1, 2025
792.00 M USD
670.90 M USD
334.60 M USD
0.00 USD
0.00 USD
121.10 M USD
0.00 USD
0.00 USD
76.90 M USD

Tennant Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Tennant historical P/E ratio, EBIT multiple, and P/S ratio

Tennant annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Tennant shares outstanding

The number of shares of Tennant was 18.18 M in 2025. This indicates how many shares Tennant is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
18.82 M Stocks
Jan 1, 2022
18.69 M Stocks
Jan 1, 2023
18.93 M Stocks
Jan 1, 2024
19.05 M Stocks
Jan 1, 2025
18.18 M Stocks
Jan 1, 2026 (e)
18.18 M Stocks
Jan 1, 2027 (e)
18.18 M Stocks
Jan 1, 2028 (e)
18.18 M Stocks

Tennant stock splits

In Tennant's history, there have been no stock splits.

Tennant Dividend History

27 years of dividend payments · 18 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.31USDYTD
Feb 27, 20260.31USD 0.0%1/1
20251.20USD 5.3%
Feb 28, 20250.30USD 0.0%1/4
May 30, 20250.30USD 0.0%2/4
Aug 29, 20250.30USD 0.0%3/4
Nov 28, 20250.31USD 5.1%4/4
20241.14USD 5.6%
20231.08USD 5.9%
20221.02USD 8.0%
20210.94USD 5.6%
20200.89USD 1.1%
20190.88USD 3.5%
20180.85USD 1.2%
20170.84USD 3.7%

Tennant dividend history and estimates

In 2025, Tennant paid a dividend amounting to 1.20 USD. Dividend means that Tennant distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.94 USD
0.00 USD
Jan 1, 2022
1.02 USD
0.00 USD
Jan 1, 2023
1.08 USD
0.00 USD
Jan 1, 2024
1.14 USD
0.00 USD
Jan 1, 2025
1.20 USD
0.00 USD
Jan 1, 2026 (e)
0.31 USD
0.93 USD
Jan 1, 2027 (e)
0.00 USD
1.32 USD
Jan 1, 2028 (e)
0.00 USD
1.40 USD

Tennant dividend payout ratio

In 2025, Tennant had a payout ratio of 49.61%. The payout ratio indicates the percentage of the company's profits that Tennant distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
27.26 %
Jan 1, 2022
28.61 %
Jan 1, 2023
18.58 %
Jan 1, 2024
25.83 %
Jan 1, 2025
49.61 %
Jan 1, 2026 (e)
24.23 %
Jan 1, 2027 (e)
20.52 %
Jan 1, 2028 (e)
24.10 %

Current Tennant forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
87.50 % (7)
Hold
12.50 % (1)
Sell
0.00 % (0)
12M Price Target
113.22
Last Price
88.07
Currency
USD
12M Return Potential
28.56 %
LTM Return
0 %

Tennant Analyst Rating Actions

DateFirmActionRatingReliability
2/26/2026
Freedom Broker
Freedom Broker
DowngradeBuyHold
2/25/2026
Roth Capital
Roth Capital
MaintainedBuy
5/6/2024
EF Hutton
EF Hutton
MaintainedBuy
4/22/2024
EF Hutton
EF Hutton
MaintainedBuy
2/26/2024
EF Hutton
EF Hutton
MaintainedBuy
11/1/2023
CJS Securities
CJS Securities
UpgradeMarket PerformMarket Outperform
8/7/2023
EF Hutton
EF Hutton
MaintainedBuy
5/1/2023
EF Hutton
EF Hutton
MaintainedBuy
2/24/2023
EF Hutton
EF Hutton
MaintainedBuy
9/14/2022
EF Hutton
EF Hutton
MaintainedBuy

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Tennant Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/12/20261.34USD-329.36 MUSD-2026 Q2
4/30/20260.41USD-292.40 MUSD-2026 Q1
2/19/20261.71USD-323.13 MUSD-2025 Q4
4/26/20241.33USD-306.23 MUSD-2024 Q1
2/21/20241.27USD-312.93 MUSD-2023 Q4
8/7/20231.17USD-295.11 MUSD-2023 Q2
4/26/20231.03USD-280.39 MUSD-2023 Q1
2/22/20231.23USD-293.40 MUSD-2022 Q4
10/27/20221.11USD-291.47 MUSD-2022 Q3
8/9/20220.87USD-280.34 MUSD-2022 Q2
...

EESG©

Eulerpool ESG Scorecard© for the Tennant stock

74/100
43
Environment
99
Social
80
Governance
E

Environment

20
Scope 1 - Direct Emissions21,802.1
Scope 2 - Indirect emissions from purchased energy8,371
Scope 3 - Indirect emissions within the value chain696,710
Total CO₂ emissions30,173.1
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees22.998
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees74.6
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Tennant shareholder structure

% Name
14.67167%
BLACKROCK, INC.
BLACKROCK, INC.
13.24003%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
11.54317%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
6.39960%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
6.03554%
Mairs and Power, Inc.
Mairs and Power, Inc.
4.39520%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
...

Tennant Beneficial Ownership Filings (SEC 13D/G)

Free Float
97.6%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
15.10%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
15.10%
(1)Names of reporting persons. BlackRock, Inc.
(1)Names of reporting persons. BlackRock, Inc.
SEC ↗
15.00%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
11.00%
Tennant Company Profit Sharing and Employee Stock Ownership Plan Trust
Tennant Company Profit Sharing and Employee Stock Ownership Plan Trust
SEC ↗
7.41%
55402-7020
55402-7020
SEC ↗
6.64%
Vanguard Portfolio Management
Vanguard Portfolio Management
SEC ↗
5.90%
52-0556948
52-0556948
SEC ↗
5.31%
Vanguard Capital Management
Vanguard Capital Management
SEC ↗
5.05%
Clearbridge Investments, LLC01-0846058
Clearbridge Investments, LLC01-0846058
SEC ↗
4.91%
04-1054788
04-1054788
SEC ↗

Tennant Executives and Management Board

18 members · avg. age 59 · 33 % women

DH

Mr. David Huml (56)

President, Chief Executive Officer, Director · since 2014

5.14 M USD

Management

FW

Ms. Fay West (56)

Chief Financial Officer, Senior Vice President

2.04 M USD
RZ

Mr. Richard Zay (54)

Senior Vice President, Chief Commercial Officer

1.77 M USD
KE

Ms. Kristin Erickson (52)

Senior Vice President, General Counsel, Corporate Secretary

1.35 M USD
BB

Ms. Barbara Balinski (62)

Senior Vice President, Chief Transformation Officer

1.15 M USD
BC

Mr. Brock Christianson (55)

Chief Human Resources Officer, Senior Vice President

PS

Mr. Patrick Schottler (45)

Senior Vice President, Chief Marketing and Technology Officer

Board of Directors

DM

Mr. Donal Mulligan (64)

Non-Executive Independent Chairman of the Board

284,972.00 USD
TM

Mr. Timothy Morse (56)

Independent Director

220,972.00 USD
MG

Ms. Maria Green (72)

Independent Director

214,972.00 USD
DW

Mr. David Windley (61)

Independent Director

210,972.00 USD
AH

Mr. Andrew Hider (48)

Independent Director

204,972.00 USD
AA

Ms. Azita Arvani (62)

Independent Director

200,972.00 USD

Tennant Supply Chain

Tennant Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
5 companies
#Nameβ 1YTrend
1
GDI Integrated Facility Services
Customer·Commercial Services & Supplies·CA
0.80
0.70
0.73
0.27
-0.08
0.75
-0.10
2
Harworth Group
Supplier·Real Estate Management & Development·GB
0.39
0.23
0.14
0.21
0.02
0.68
3
Grammer
Supplier·Auto Components·DE
0.84
0.52
0.29
0.50
0.06
0.49
4
Zaoh
Customer·Trading Companies & Distributors·JP
-0.91
-0.78
0.17
0.10
0.03
0.39
#Nameβ 1YTrend
1
Power Solutions Intl
Supplier·Electrical Equipment·US
0.70
0.43
0.41
0.56
0.07

Frequently asked questions about Tennant

Tennant Co is a global leader in designing, manufacturing, and marketing solutions for maintaining indoor and outdoor surfaces. Their business model revolves around providing innovative cleaning technologies, products, and services to various industries. With a strong emphasis on sustainability and efficiency, Tennant Co offers a comprehensive range of machines, parts, and consumables that cater to commercial, industrial, and municipal customers worldwide. By leveraging their expertise in robotics, data analytics, and IoT, they aim to deliver cost-effective and reliable cleaning solutions that enhance productivity and contribute to a cleaner, safer, and healthier environment across multiple sectors.

Tennant Co primarily operates in the industrial cleaning equipment industry.

The main competitors of Tennant Co in the market include Nilfisk Holding A/S, Hako GmbH, and Alfred Kärcher SE & Co. KG.

Tennant Co, a renowned company in the stock market, boasts a rich history and impressive background. Established in 1870, Tennant Co has flourished into a global leader in designing, manufacturing, and marketing solutions for maintaining clean and safe environments. With its headquarters in Minnesota, USA, Tennant Co has continually evolved and diversified its product portfolio. The company primarily focuses on providing innovative floor cleaning equipment, coatings, and aftermarket parts that cater to various industries worldwide. Over the years, Tennant Co has built a solid reputation for its commitment to sustainability, customer satisfaction, and technological advancements, making it a prominent player in the stock market.

Tennant Co, a renowned stock company, has achieved remarkable milestones throughout its history. One significant achievement worth mentioning is the company's success in expanding its global presence. With constant innovation and technology advancements, Tennant Co has established itself as a leader in providing sustainable cleaning solutions worldwide. Furthermore, the company has consistently delivered strong financial performance, witnessing continuous growth in revenue and market share. Tennant Co's unwavering commitment to customer satisfaction and its ability to adapt to changing market demands have played a pivotal role in its success. By prioritizing customer needs, Tennant Co has become a trusted name in the industry, ensuring a bright future ahead.

Tennant Co is primarily present in various countries and regions worldwide. As a global company, Tennant Co has established a strong presence in the United States, where its headquarters are located. Additionally, Tennant Co operates in many other countries including Canada, Mexico, the United Kingdom, Germany, France, Spain, Italy, China, Japan, Australia, and New Zealand. With its broad geographic reach, Tennant Co is able to serve customers in diverse industries and cater to their specific cleaning needs.

Tennant Co represents a set of core values and a strong corporate philosophy. The company is committed to delivering innovative cleaning solutions to its customers. Tennant Co values integrity, excellence, and continuous improvement in all aspects of its operations. Their corporate philosophy revolves around sustainable business practices, social responsibility, and creating long-term value for stakeholders. By focusing on customer satisfaction and providing high-quality products and services, Tennant Co has built a reputation for being a trusted leader in the industry.

Analysts currently set an average price target of 112.20 USD for the Tennant stock (median: 113.22 USD), implying +27.4 % versus the latest price. The consensus is based on 8 analyst ratings.

7 analysts currently rate the Tennant stock: 5 recommend buying, 2 holding and 0 selling. For 2026, analysts expect Tennant to generate revenue of 1.27 B USD and earnings per share of 5.23 USD.

Converted at the current exchange rate, the Tennant share trades at 76.24 EUR (88.07 USD).

The Tennant share (TNC) is listed on 2 stock exchanges, including: NYSE (TNC), Frankfurt (TN1.F).

Tennant Co. is a leading global company in the field of cleaning technology. The company offers a wide range of products and services aimed at improving cleaning processes in various industries. Tennant Co. operates in three main business areas: floor cleaning, surface care, and specialized cleaning solutions.

The expected revenue of Tennant is 1.27 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Tennant is 95.07 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Tennant is currently 16.85. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Tennant stock.

The price-to-sales ratio (P/S) of Tennant is currently 1.27. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Tennant stock.

The Eulerpool Quality Score for Tennant is 1/10.

The ISIN of Tennant is US8803451033. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Tennant is 858055. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Tennant is TNC. The ticker symbol is used to trade Tennant shares on the stock exchange.

Over the past 12 months, Tennant paid a dividend of 1.20 USD . This corresponds to a dividend yield of about 1.36 %. For the coming 12 months, Tennant is expected to pay a dividend of 1.32 USD.

The current dividend yield of Tennant is 1.36 %.

Tennant pays a dividend, distributed in the months of , , , .

Tennant paid dividends every year for the past 26 years.

For the upcoming 12 months, dividends amounting to 1.32 USD are expected. This corresponds to a dividend yield of 1.57 %.

Tennant is assigned to the 'Industry' sector.

To receive the latest dividend of Tennant from amounting to 0.31 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Tennant distributed 1.14 USD as dividends.

The dividends of Tennant are distributed in USD.

All fundamentals and in-depth analysis of Tennant

Our stock analysis for Tennant 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. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.