TENNANT CO (TNC) Stock Fundamental Analysis

NYSE:TNC • US8803451033

61.6499 USD
-0.37 (-0.6%)
Last: Feb 27, 2026, 10:54 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Taking everything into account, TNC scores 5 out of 10 in our fundamental rating. TNC was compared to 130 industry peers in the Machinery industry. Both the profitability and the financial health of TNC get a neutral evaluation. Nothing too spectacular is happening here. TNC has a bad growth rate and is valued cheaply. TNC also has an excellent dividend rating. These ratings would make TNC suitable for value and dividend investing!


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • TNC had positive earnings in the past year.
  • In the past year TNC had a positive cash flow from operations.
  • Of the past 5 years TNC 4 years were profitable.
  • The reported operating cash flow has been mixed in the past 5 years: TNC reported negative operating cash flow in multiple years.
TNC Yearly Net Income VS EBIT VS OCF VS FCFTNC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M 150M

1.2 Ratios

  • With a Return On Assets value of 4.36%, TNC perfoms like the industry average, outperforming 56.15% of the companies in the same industry.
  • TNC has a Return On Equity (8.55%) which is comparable to the rest of the industry.
  • Looking at the Return On Invested Capital, with a value of 8.14%, TNC is in the better half of the industry, outperforming 60.77% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for TNC is in line with the industry average of 10.27%.
Industry RankSector Rank
ROA 4.36%
ROE 8.55%
ROIC 8.14%
ROA(3y)7.66%
ROA(5y)6.44%
ROE(3y)15.51%
ROE(5y)13.97%
ROIC(3y)11.55%
ROIC(5y)10.25%
TNC Yearly ROA, ROE, ROICTNC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15

1.3 Margins

  • TNC has a Profit Margin of 4.42%. This is comparable to the rest of the industry: TNC outperforms 50.00% of its industry peers.
  • TNC's Profit Margin has improved in the last couple of years.
  • TNC's Operating Margin of 7.61% is in line compared to the rest of the industry. TNC outperforms 48.46% of its industry peers.
  • TNC's Operating Margin has improved in the last couple of years.
  • TNC has a Gross Margin of 41.88%. This is in the better half of the industry: TNC outperforms 79.23% of its industry peers.
  • In the last couple of years the Gross Margin of TNC has remained more or less at the same level.
Industry RankSector Rank
OM 7.61%
PM (TTM) 4.42%
GM 41.88%
OM growth 3Y5.7%
OM growth 5Y6.37%
PM growth 3Y3.02%
PM growth 5Y10.07%
GM growth 3Y2.05%
GM growth 5Y1.03%
TNC Yearly Profit, Operating, Gross MarginsTNC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TNC is creating some value.
  • There is no outstanding debt for TNC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
TNC Yearly Shares OutstandingTNC Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
TNC Yearly Total Debt VS Total AssetsTNC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

  • TNC has an Altman-Z score of 3.35. This indicates that TNC is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of TNC (3.35) is comparable to the rest of the industry.
  • The Debt to FCF ratio of TNC is 3.87, which is a good value as it means it would take TNC, 3.87 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 3.87, TNC is in line with its industry, outperforming 57.69% of the companies in the same industry.
  • A Debt/Equity ratio of 0.37 indicates that TNC is not too dependend on debt financing.
  • TNC has a Debt to Equity ratio of 0.37. This is comparable to the rest of the industry: TNC outperforms 58.46% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 3.87
Altman-Z 3.35
ROIC/WACC0.87
WACC9.33%
TNC Yearly LT Debt VS Equity VS FCFTNC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 2.13 indicates that TNC has no problem at all paying its short term obligations.
  • Looking at the Current ratio, with a value of 2.13, TNC is in line with its industry, outperforming 52.31% of the companies in the same industry.
  • A Quick Ratio of 1.39 indicates that TNC should not have too much problems paying its short term obligations.
  • TNC has a Quick ratio (1.39) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 2.13
Quick Ratio 1.39
TNC Yearly Current Assets VS Current LiabilitesTNC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The earnings per share for TNC have decreased strongly by -16.64% in the last year.
  • The Earnings Per Share has been growing by 13.41% on average over the past years. This is quite good.
EPS 1Y (TTM)-16.64%
EPS 3Y10.02%
EPS 5Y13.41%
EPS Q2Q%-8.55%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-11.34%

3.2 Future

  • TNC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.76% yearly.
  • The Revenue is expected to grow by 5.32% on average over the next years.
EPS Next Y23.32%
EPS Next 2Y16.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.63%
Revenue Next 2Y5.36%
Revenue Next 3Y6.88%
Revenue Next 5Y5.32%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
TNC Yearly Revenue VS EstimatesTNC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B
TNC Yearly EPS VS EstimatesTNC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6

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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 11.29, the valuation of TNC can be described as reasonable.
  • 93.85% of the companies in the same industry are more expensive than TNC, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 27.11. TNC is valued rather cheaply when compared to this.
  • With a Price/Forward Earnings ratio of 9.16, the valuation of TNC can be described as very reasonable.
  • TNC's Price/Forward Earnings ratio is rather cheap when compared to the industry. TNC is cheaper than 96.92% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 28.13. TNC is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 11.29
Fwd PE 9.16
TNC Price Earnings VS Forward Price EarningsTNC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TNC indicates a rather cheap valuation: TNC is cheaper than 92.31% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of TNC indicates a rather cheap valuation: TNC is cheaper than 80.77% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 18.12
EV/EBITDA 8.36
TNC Per share dataTNC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • TNC's earnings are expected to grow with 16.76% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.48
PEG (5Y)0.84
EPS Next 2Y16.76%
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • TNC has a Yearly Dividend Yield of 1.98%.
  • Compared to an average industry Dividend Yield of 1.19, TNC pays a better dividend. On top of this TNC pays more dividend than 87.69% of the companies listed in the same industry.
  • TNC's Dividend Yield is comparable with the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 1.98%

5.2 History

  • The dividend of TNC has a limited annual growth rate of 5.49%.
  • TNC has paid a dividend for at least 10 years, which is a reliable track record.
  • TNC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.49%
Div Incr Years34
Div Non Decr Years34
TNC Yearly Dividends per shareTNC Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 39.96% of the earnings are spent on dividend by TNC. This is a low number and sustainable payout ratio.
  • The dividend of TNC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP39.96%
EPS Next 2Y16.76%
EPS Next 3YN/A
TNC Yearly Income VS Free CF VS DividendTNC Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M 150M
TNC Dividend Payout.TNC Dividend Payout, showing the Payout Ratio.TNC Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

TENNANT CO

NYSE:TNC (2/27/2026, 10:54:09 AM)

61.6499

-0.37 (-0.6%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-23
Earnings (Next)04-28
Inst Owners98.27%
Inst Owner Change-4.08%
Ins Owners1.39%
Ins Owner Change-0.02%
Market Cap1.12B
Revenue(TTM)N/A
Net Income(TTM)54.80M
Analysts85
Price Target112.2 (82%)
Short Float %3.24%
Short Ratio4.73
Dividend
Industry RankSector Rank
Dividend Yield 1.98%
Yearly Dividend1.15
Dividend Growth(5Y)5.49%
DP39.96%
Div Incr Years34
Div Non Decr Years34
Ex-Date02-27
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.67%
Min EPS beat(2)-9.49%
Max EPS beat(2)-3.84%
EPS beat(4)1
Avg EPS beat(4)-4.67%
Min EPS beat(4)-14.92%
Max EPS beat(4)9.58%
EPS beat(8)4
Avg EPS beat(8)7.63%
EPS beat(12)8
Avg EPS beat(12)18.86%
EPS beat(16)10
Avg EPS beat(16)13.49%
Revenue beat(2)0
Avg Revenue beat(2)-1.61%
Min Revenue beat(2)-2.92%
Max Revenue beat(2)-0.3%
Revenue beat(4)1
Avg Revenue beat(4)-1.42%
Min Revenue beat(4)-3.2%
Max Revenue beat(4)0.74%
Revenue beat(8)2
Avg Revenue beat(8)-1.12%
Revenue beat(12)5
Avg Revenue beat(12)1%
Revenue beat(16)6
Avg Revenue beat(16)-0.51%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.8%
Valuation
Industry RankSector Rank
PE 11.29
Fwd PE 9.16
P/S 0.9
P/FCF 18.12
P/OCF 12.66
P/B 1.74
P/tB 2.97
EV/EBITDA 8.36
EPS(TTM)5.46
EY8.86%
EPS(NY)6.73
Fwd EY10.92%
FCF(TTM)3.4
FCFY5.52%
OCF(TTM)4.87
OCFY7.9%
SpS68.44
BVpS35.35
TBVpS20.78
PEG (NY)0.48
PEG (5Y)0.84
Graham Number65.9
Profitability
Industry RankSector Rank
ROA 4.36%
ROE 8.55%
ROCE 9.68%
ROIC 8.14%
ROICexc 9.07%
ROICexgc 12.99%
OM 7.61%
PM (TTM) 4.42%
GM 41.88%
FCFM 4.97%
ROA(3y)7.66%
ROA(5y)6.44%
ROE(3y)15.51%
ROE(5y)13.97%
ROIC(3y)11.55%
ROIC(5y)10.25%
ROICexc(3y)13.11%
ROICexc(5y)11.83%
ROICexgc(3y)19.67%
ROICexgc(5y)19.23%
ROCE(3y)13.73%
ROCE(5y)12.18%
ROICexgc growth 3Y-3.55%
ROICexgc growth 5Y1.17%
ROICexc growth 3Y4.18%
ROICexc growth 5Y6.62%
OM growth 3Y5.7%
OM growth 5Y6.37%
PM growth 3Y3.02%
PM growth 5Y10.07%
GM growth 3Y2.05%
GM growth 5Y1.03%
F-Score4
Asset Turnover0.99
Health
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 3.87
Debt/EBITDA 1.57
Cap/Depr 46.26%
Cap/Sales 2.14%
Interest Coverage 8.35
Cash Conversion 58.13%
Profit Quality 112.59%
Current Ratio 2.13
Quick Ratio 1.39
Altman-Z 3.35
F-Score4
WACC9.33%
ROIC/WACC0.87
Cap/Depr(3y)44.63%
Cap/Depr(5y)45.36%
Cap/Sales(3y)1.92%
Cap/Sales(5y)2.11%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-16.64%
EPS 3Y10.02%
EPS 5Y13.41%
EPS Q2Q%-8.55%
EPS Next Y23.32%
EPS Next 2Y16.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-11.34%
Revenue Next Year5.63%
Revenue Next 2Y5.36%
Revenue Next 3Y6.88%
Revenue Next 5Y5.32%
EBIT growth 1Y-29.45%
EBIT growth 3Y11.69%
EBIT growth 5Y9.02%
EBIT Next Year42.39%
EBIT Next 3Y16.97%
EBIT Next 5YN/A
FCF growth 1Y-47.44%
FCF growth 3Y11.3%
FCF growth 5Y15.83%
OCF growth 1Y-36.15%
OCF growth 3Y8.93%
OCF growth 5Y4.52%

TENNANT CO / TNC FAQ

What is the ChartMill fundamental rating of TENNANT CO (TNC) stock?

ChartMill assigns a fundamental rating of 5 / 10 to TNC.


Can you provide the valuation status for TENNANT CO?

ChartMill assigns a valuation rating of 8 / 10 to TENNANT CO (TNC). This can be considered as Undervalued.


How profitable is TENNANT CO (TNC) stock?

TENNANT CO (TNC) has a profitability rating of 5 / 10.


What is the financial health of TENNANT CO (TNC) stock?

The financial health rating of TENNANT CO (TNC) is 5 / 10.


What is the expected EPS growth for TENNANT CO (TNC) stock?

The Earnings per Share (EPS) of TENNANT CO (TNC) is expected to grow by 23.32% in the next year.