TENNANT CO (TNC) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:TNC • US8803451033

81.19 USD
+0.03 (+0.04%)
Last: Feb 5, 2026, 02:31 PM
Fundamental Rating

5

Taking everything into account, TNC scores 5 out of 10 in our fundamental rating. TNC was compared to 132 industry peers in the Machinery industry. TNC has an average financial health and profitability rating. TNC has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • TNC had positive earnings in the past year.
  • TNC had a positive operating cash flow in the past year.
  • Each year in the past 5 years TNC has been profitable.
  • Of the past 5 years TNC 4 years had a positive operating cash flow.
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

  • TNC has a Return On Assets (4.36%) which is in line with its industry peers.
  • TNC has a Return On Equity (8.55%) which is comparable to the rest of the industry.
  • TNC has a Return On Invested Capital of 8.14%. This is in the better half of the industry: TNC outperforms 60.61% of its industry peers.
  • TNC had an Average Return On Invested Capital over the past 3 years of 11.55%. This is in line with the industry average of 10.37%.
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

  • Looking at the Profit Margin, with a value of 4.42%, TNC is in line with its industry, outperforming 51.52% of the companies in the same industry.
  • TNC's Profit Margin has improved in the last couple of years.
  • The Operating Margin of TNC (7.61%) is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of TNC has grown nicely.
  • With a decent Gross Margin value of 41.88%, TNC is doing good in the industry, outperforming 79.55% of the companies in the same industry.
  • TNC's Gross Margin has been stable in the last couple of years.
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

6

2. Health

2.1 Basic Checks

  • TNC has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • TNC has about the same amout of shares outstanding than it did 1 year ago.
  • The number of shares outstanding for TNC has been increased compared to 5 years ago.
  • The debt/assets ratio for TNC has been reduced compared to a year ago.
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 3.69. This indicates that TNC is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of TNC (3.69) is better than 62.12% of its industry peers.
  • TNC has a debt to FCF ratio of 3.87. This is a good value and a sign of high solvency as TNC would need 3.87 years to pay back of 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 58.33% of the companies in the same industry.
  • TNC has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of TNC (0.37) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 3.87
Altman-Z 3.69
ROIC/WACC0.83
WACC9.77%
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

  • TNC has a Current Ratio of 2.13. This indicates that TNC is financially healthy and has no problem in meeting its short term obligations.
  • TNC has a Current ratio (2.13) which is in line with its industry peers.
  • TNC has a Quick Ratio of 1.39. This is a normal value and indicates that TNC is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 1.39, TNC is in the better half of the industry, outperforming 60.61% of the companies in the same 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

  • TNC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.57%.
  • Measured over the past years, TNC shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.78% on average per year.
  • TNC shows a decrease in Revenue. In the last year, the revenue decreased by -2.24%.
  • The Revenue has been growing slightly by 2.49% on average over the past years.
EPS 1Y (TTM)-19.57%
EPS 3Y14.27%
EPS 5Y17.78%
EPS Q2Q%5.04%
Revenue 1Y (TTM)-2.24%
Revenue growth 3Y5.66%
Revenue growth 5Y2.49%
Sales Q2Q%-3.96%

3.2 Future

  • The Earnings Per Share is expected to grow by 4.36% on average over the next years.
  • The Revenue is expected to grow by 3.86% on average over the next years.
EPS Next Y-11.03%
EPS Next 2Y1.39%
EPS Next 3Y4.36%
EPS Next 5YN/A
Revenue Next Year-3.86%
Revenue Next 2Y0.77%
Revenue Next 3Y2.19%
Revenue Next 5Y3.86%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue 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

6

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 14.52, TNC is valued correctly.
  • Compared to the rest of the industry, the Price/Earnings ratio of TNC indicates a rather cheap valuation: TNC is cheaper than 90.15% of the companies listed in the same industry.
  • TNC's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.25.
  • Based on the Price/Forward Earnings ratio of 12.06, the valuation of TNC can be described as correct.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of TNC indicates a rather cheap valuation: TNC is cheaper than 93.94% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.50, TNC is valued rather cheaply.
Industry RankSector Rank
PE 14.52
Fwd PE 12.06
TNC Price Earnings VS Forward Price EarningsTNC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, TNC is valued cheaply inside the industry as 84.09% of the companies are valued more expensively.
  • TNC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TNC is cheaper than 62.88% of the companies in the same industry.
Industry RankSector Rank
P/FCF 23.86
EV/EBITDA 10.6
TNC Per share dataTNC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The decent profitability rating of TNC may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.82
EPS Next 2Y1.39%
EPS Next 3Y4.36%

More info and screens

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

6

5. Dividend

5.1 Amount

  • TNC has a Yearly Dividend Yield of 1.62%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 1.01, TNC pays a better dividend. On top of this TNC pays more dividend than 83.33% of the companies listed in the same industry.
  • TNC's Dividend Yield is comparable with the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.62%

5.2 History

  • The dividend of TNC has a limited annual growth rate of 5.49%.
  • TNC has been paying a dividend for at least 10 years, so it has a reliable track record.
  • TNC has not decreased their dividend for at least 10 years, which is a reliable track record.
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 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • TNC pays out 39.96% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of TNC is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP39.96%
EPS Next 2Y1.39%
EPS Next 3Y4.36%
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

More info and screens

Find the best dividend stocksShow peers with best dividend

TENNANT CO

NYSE:TNC (2/5/2026, 2:31:17 PM)

81.19

+0.03 (+0.04%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)11-03
Earnings (Next)02-19
Inst Owners98.27%
Inst Owner Change-1.42%
Ins Owners1.39%
Ins Owner Change-0.59%
Market Cap1.47B
Revenue(TTM)1.24B
Net Income(TTM)54.80M
Analysts85
Price Target112.2 (38.19%)
Short Float %2.9%
Short Ratio4.04
Dividend
Industry RankSector Rank
Dividend Yield 1.62%
Yearly Dividend1.15
Dividend Growth(5Y)5.49%
DP39.96%
Div Incr Years34
Div Non Decr Years34
Ex-DateN/A
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)1.15%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.2%
EPS NY rev (1m)0%
EPS NY rev (3m)0.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.93%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.03%
Valuation
Industry RankSector Rank
PE 14.52
Fwd PE 12.06
P/S 1.19
P/FCF 23.86
P/OCF 16.67
P/B 2.3
P/tB 3.91
EV/EBITDA 10.6
EPS(TTM)5.59
EY6.89%
EPS(NY)6.73
Fwd EY8.29%
FCF(TTM)3.4
FCFY4.19%
OCF(TTM)4.87
OCFY6%
SpS68.44
BVpS35.35
TBVpS20.78
PEG (NY)N/A
PEG (5Y)0.82
Graham Number66.68
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 3.69
F-Score4
WACC9.77%
ROIC/WACC0.83
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)-19.57%
EPS 3Y14.27%
EPS 5Y17.78%
EPS Q2Q%5.04%
EPS Next Y-11.03%
EPS Next 2Y1.39%
EPS Next 3Y4.36%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.24%
Revenue growth 3Y5.66%
Revenue growth 5Y2.49%
Sales Q2Q%-3.96%
Revenue Next Year-3.86%
Revenue Next 2Y0.77%
Revenue Next 3Y2.19%
Revenue Next 5Y3.86%
EBIT growth 1Y-29.45%
EBIT growth 3Y11.69%
EBIT growth 5Y9.02%
EBIT Next Year42.39%
EBIT Next 3Y16.96%
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 6 / 10 to TENNANT CO (TNC). This can be considered as Fairly Valued.


How profitable is TENNANT CO (TNC) stock?

TENNANT CO (TNC) has a profitability rating of 6 / 10.


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

The financial health rating of TENNANT CO (TNC) is 6 / 10.


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

The Earnings per Share (EPS) of TENNANT CO (TNC) is expected to decline by -11.03% in the next year.