Stocktoria

TENNANT CO TNC

NYSE · stock · Refrigeration & Service Industry Machinery · website · IPO 1980-03-17 · LEI

TENNANT CO statistics & valuation

Market cap$1.6B
P / E35.5×
P / S1.3×
P / B2.6×
P / FCF35.9×
Dividend yield1.41%
Net margin3.6%
Return on equity7.3%
FCF margin3.6%
Net debt$273.6M
Net debt / EBITDA2.4×
Enterprise value USD$1.8B
EV / EBITDA16.1×
Earnings yield EBIT/EV3.7%
Return on capital7%
Graham number -40%$41.53

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($41.53); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
5.80% -0.60% 3.00% 4.00% 3.40% 5.90% 6.10% 8.80% 6.50% 3.60% 2016201720182019202020212022202320242025
Gross margin (%)
43.50% 39.90% 39.60% 40.60% 40.70% 40.20% 38.50% 42.40% 42.70% 40.20% 2016201720182019202020212022202320242025
Operating margin (%)
8.40% 3.30% 5.20% 6.30% 6.40% 8.60% 8.00% 11.10% 8.90% 5.70% 2016201720182019202020212022202320242025
Return on equity (%)
16.70% -2.10% 10.60% 12.70% 8.30% 14.90% 14.00% 18.90% 13.50% 7.30% 2016201720182019202020212022202320242025
Shares outstanding
18.0M 17.9M 18.3M 18.5M 18.6M 18.8M 18.7M 18.8M 19.1M 18.6M 2016201720182019202020212022202320242025
Net debt ($)
$311.6M $267.6M $300.3M $200.6M $199.5M $273.6M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
9.90% -0.60% 3.40% 4.30% 3.10% 6.10% 6.10% 9.80% 7.00% 3.50% 2016201720182019202020212022202320242025
Free cash flow margin (%)
3.90% 3.40% 5.40% 2.90% 10.40% 4.60% -4.60% 13.30% 5.30% 3.60% 2016201720182019202020212022202320242025
Debt / equity (×)
0.77× 0.62× 0.64× 0.35× 0.32× 0.45× 2016201720182019202020212022202320242025
EPS ($)
$2.59 -$0.35 $1.82 $2.48 $1.81 $3.44 $3.55 $5.83 $4.38 $2.36 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

TENNANT CO trades at about 29.3× earnings — near its 10-year norm (10-year range 16.2×–37.4×, median 31.1×).

16.2× 37.4×

Shaded band = 10-year range (16.2×–37.4×); dot = today's 29.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin40.2%42.7%42.4%38.5%40.2%40.7%40.6%39.6%39.9%43.5%
Operating margin5.7%8.9%11.1%8.0%8.6%6.4%6.3%5.2%3.3%8.4%
Net margin3.6%6.5%8.8%6.1%5.9%3.4%4.0%3.0%-0.6%5.8%
FCF margin3.6%5.3%13.3%-4.6%4.6%10.4%2.9%5.4%3.4%3.9%
Return on assets3.5%7.0%9.8%6.1%6.1%3.1%4.3%3.4%-0.6%9.9%
Return on equity7.3%13.5%18.9%14.0%14.9%8.3%12.7%10.6%-2.1%16.7%
Debt / equity0.45×0.32×0.35×0.64×0.62×0.77×————
Current ratio2.051.972.082.201.811.941.751.881.792.24

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.