Stocks · Industrials · Industrial - Machinery

Tennant Company TNC

$67.12 +0.63% Close, Oct 2, 2026 · NYSE · Market cap $1.14B

Next earnings report: Nov 2, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $1.00, down 68.8% year over year.
  2. The shares trade at 67.0× trailing earnings, higher than 95% of the company's own readings over the past five years.
  3. The diluted share count fell 8.1% in a year, mainly through buybacks.

PromtFinance scores

Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth12Very weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 15%
  • EPS growth (TTM, YoY)Bottom 13%
  • FCF growth (TTM, YoY)Bottom 10%
  • Revenue growth, 3-year CAGRBottom 43%
  • Revenue growth accelerationTop 49%
Quality24Very weak

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalBottom 36%
  • Gross marginTop 26%
  • Operating marginBottom 33%
  • Cash conversion (OCF / net income)Bottom 13%
  • Accruals (lower is better)Bottom 14%
  • Net debt / EBITDA (lower is better)Bottom 28%
  • Interest coverBottom 46%
Value36Weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 40%
  • Free-cash-flow yieldBottom 27%
  • EBITDA / enterprise valueTop 43%
  • Sales / enterprise valueTop 28%
  • P/E vs own 5-year history (lower is better)Bottom 6%
Momentum27Very weak

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 27%
  • 6-month returnBottom 40%
  • 1-year return vs S&P 500Bottom 27%
  • Distance from 52-week highBottom 46%
  • Trend checklist (0–4)Bottom 15%
Revisions79Positive

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 22%
  • Consecutive EPS beatsBottom 16%
  • Share of analysts rating BuyTop 23%
  • Upside to consensus price targetTop 11%
Stability51Neutral

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 46%
  • Maximum drawdown, 3 yearsBottom 50%
  • Beta vs S&P 500 (lower is better)Top 27%
  • Net debt / EBITDA (lower is better)Bottom 28%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)-4.3%-2.9%↑
EPS growth (YoY)-54.2%-68.8%↓
Gross margin41.8%38.8%↓
Operating margin7.1%3.2%↓
FCF margin5.2%-0.2%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)-2.9%-4.3%↑Bottom 15%
EPS growth (TTM, YoY)-68.8%-54.2%↓Bottom 13%
Gross margin38.8%41.8%↓Top 26%
Operating margin3.2%7.1%↓Bottom 33%
Net margin1.5%4.8%↓—
Free-cash-flow margin-0.2%5.2%↓—
Return on invested capital3.0%—Bottom 36%
Revenue growth, 3-year CAGR3.3%—Bottom 43%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
0.91×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
0.1%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.7%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+10.8 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
3.22×
Interest cover (operating income / interest)How many times operating profit covers interest.
3.2×

Shareholder returns

Dividend yield (dividends paid, TTM)
1.90%
Net buyback yield (TTM)
9.88%
Shareholder yield
11.78%
Share count change, 1 year
-8.1%
Share count change, 3-year CAGR
-2.8%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
0
Beats in the last 8 reports
2 of 8
Average EPS surprise, last 4
+21.2%
Average 2-day reaction, last 8
-1.5%
Positive 20 days after report
2 of 8

Analysts

Consensus price target
$140.00
Target vs current price
+108.6%
Analysts with a rating
8
Share rating Buy or Strong Buy
75%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 5, 2026-37.6%-2.2%-25.7%-22.4%—
May 4, 2026+141.7%-1.0%+5.2%+3.5%+1.9%
Feb 23, 2026-17.3%-1.3%-26.8%-21.8%-2.2%
Nov 3, 2025-2.0%-0.5%-6.8%-9.4%-4.2%
Aug 6, 2025-8.6%-1.1%-0.6%-4.2%-2.9%
Apr 30, 2025-18.8%-1.0%-3.2%+0.8%+13.5%
Feb 17, 2025+13.4%-1.7%-0.2%-4.4%-12.0%
Oct 31, 2024-3.5%-2.9%+3.1%-2.1%-4.6%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 5, 2026$0.83$1.33-37.6%$324.0M
May 4, 2026$0.58$0.24+141.7%$297.9M
Feb 23, 2026$1.39$1.68-17.3%$291.6M
Nov 3, 2025$1.46$1.49-2.0%$303.3M
Aug 6, 2025$1.49$1.63-8.6%$318.6M
Apr 30, 2025$1.12$1.38-18.8%$290.0M
Feb 17, 2025$1.52$1.34+13.4%$328.9M
Oct 31, 2024$1.39$1.44-3.5%$315.8M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)67.0×21.7×95thBottom 40%
P/E (forward)17.4×———
EV / EBITDA15.0×——Top 43%
EV / Sales1.20×——Top 28%
Free-cash-flow yield-0.25%——Bottom 27%
Earnings yield1.49%——Bottom 40%

P/E over the past five years

Range 13.6× – 76.8× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
-17.5%
Earnings per share growth (TTM)
-68.8%
Change in P/E multiple
+209.3%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✗ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-9.5%
200-day average slope (20 days)
-0.6%
Distance from 50-day average
-6.7%
Distance from 200-day average
-12.7%
RSI (14)
42.5
Relative volume
0.70×

Risk and drawdowns

Volatility, 60 days (annualized)
41.5%
Volatility vs own 5-year history
92th percentile · High for this stock
Beta vs S&P 500 (2 years, weekly)
0.80
Correlation with S&P 500
0.36
Current drawdown from 1-year high
-26.4%
Maximum drawdown, 3 years
-50.4%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Apr 1, 2024Mar 2, 2026-50.4%480 daysNot yet recovered
May 6, 2021Jun 16, 2022-35.4%281 days285 days (Aug 7, 2023)
Aug 7, 2023Oct 25, 2023-15.8%56 days17 days (Nov 17, 2023)
Jan 22, 2021Jan 29, 2021-10.1%5 days10 days (Feb 12, 2021)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$1.14B
P/E (TTM)
67.0
EPS, diluted (TTM)
$1.00
Revenue (TTM)
$1.22B
Dividend yield
1.85%
52-week range
$60.18 – $91.93
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$1.09B$1.09B$1.24B$1.29B$1.20B
Gross profit$438.0M$420.9M$527.8M$550.0M$484.3M
Operating income$93.7M$87.2M$138.6M$114.3M$68.3M
Net income$64.9M$66.3M$109.5M$83.7M$43.8M
EPS (diluted)$3.44$3.55$5.83$4.38$2.36
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$315.8M$328.9M$290.0M$318.6M$303.3M$291.6M$297.9M$324.0M
Net income$20.8M$6.6M$13.1M$20.2M$14.9M-$4.4M$200,000$7.6M
EPS (diluted)$1.09$0.35$0.69$1.08$0.80-$0.25$0.01$0.44
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$69.4M-$25.1M$188.4M$89.7M$65.0M
Capital expenditure-$23.1M-$29.3M-$24.0M-$21.4M-$21.7M
Free cash flow$46.3M-$54.4M$164.4M$68.3M$43.3M
Dividends paid-$17.5M-$18.9M-$20.1M-$21.4M-$21.9M
Net share buybacks-$15.0M-$5.0M-$21.7M-$19.6M-$88.5M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$76.9M
Total assets
$1.27B
Total liabilities
$735.6M
Total debt
$390.8M
Net debt
$313.9M
Shareholders’ equity
$533.4M

As of Jun 30, 2026 (filed Aug 6, 2026).

Dividends

Ex-dateAmountPaid
Aug 31, 2026$0.31Sep 15, 2026
May 29, 2026$0.31Jun 15, 2026
Feb 27, 2026$0.31Mar 16, 2026
Nov 28, 2025$0.31Dec 15, 2025
Aug 29, 2025$0.30Sep 15, 2025
May 30, 2025$0.30Jun 16, 2025
Feb 28, 2025$0.30Mar 14, 2025
Nov 29, 2024$0.30Dec 16, 2024

Short interest

Shares sold short
1,317,091
Days to cover
6.98
Change vs previous report
-3.3%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Jul 26, 2006
2-for-1
Apr 27, 1995
2-for-1
Mar 16, 1981
2-for-1