CSIMarket
 
Tennant Co  (NYSE: TNC)
 
Price: $71.1500 $-2.31 -3.145%
Day's High: $73.42500305175781 Week Perf: 1.31 %
Day's Low: $ 70.31 30 Day Perf: 2.71 %
Volume (M): 193,549 52 Wk High: $ 91.93
Volume (M$): $ 0 52 Wk Avg: $77.75
Open: $73.37 52 Wk Low: $60.18



 Market Capitalization (Millions $) 1,222
 Shares Outstanding (Millions) 17
 Employees 4,484
 Revenues (TTM) (Millions $) 1,217
 Net Income (TTM) (Millions $) 18
 Cash Flow (TTM) (Millions $) 3
 Capital Exp. (TTM) (Millions $) 19

Business Description


Tennant Company, a Minnesota corporation founded in 1870 and incorporated in 1909, is a world leader in designing, manufacturing and marketing solutions that empower customers to achieve quality cleaning performance, significantly reduce environmental impact and help create a cleaner, safer, healthier world. Tennant is committed to creating and commercializing breakthrough, sustainable cleaning innovations to enhance its broad suite of products, including: floor maintenance and outdoor cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings and asset management solutions. Tennant products are used in many types of environments including: Retail establishments, distribution centers, factories and warehouses, public venues such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, parking lots and streets, and more. Customers include contract cleaners to whom organizations outsource facilities maintenance, as well as businesses that perform facilities maintenance themselves. The Company reaches these customers through the industrys largest direct sales and service organization and through a strong and well-supported network of authorized distributors worldwide.

The Company offers products and solutions consisting of mechanized cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings, and business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions. The Company markets and sells the following brands: Tennant®, Nobles®, Green Machines™, Alfa Uma Empresa Tennant™, IRIS® and Orbio®. Orbio Technologies, which markets and sells Orbio-branded products and solutions, is a group created by the Company to focus on expanding the opportunities for the emerging category of On-Site Generation (OSG). OSG technologies create and dispense effective cleaning and antimicrobial solutions on site within a facility.



   Company Address: 10400 Clean Street Eden Prairie 55344 MN
   Company Phone Number: 540-1200   Stock Exchange / Ticker: NYSE TNC


   

Stock Performances by Major Competitors

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Business Update

Tennant Company’s Dual Strategy Innovating Cleaning Solutions While Championing Sustainability

Published Tue, Sep 24 2024 3:47 PM UTC

In an era marked by a heightened emphasis on cleanliness and sustainability, Tennant Company (NYSE: TNC), a leader in cleaning equipment and solutions, is making significant strides in both innovation and environmental responsibility. The company recently unveiled its T291 small walk-behind scrubber, designed specifically to cater to the needs of diverse market segments whil...

Dividend

Tennant Company Declares Quarterly Dividend Amid Declining Payout Ratio: Implications for Shareholders and Market Position

Published Wed, Aug 7 2024 7:15 AM UTC



In a press release from Minneapolis, Tennant Company (NYSE: TNC) has announced its commitment to returning value to shareholders by declaring a regular quarterly cash dividend of $0.28 per share. This dividend will be payable on September 16, 2024, to those shareholders who are on record as of the close of business on August 30, 2024. This action underscores Tennan...

Dividend

Tennant Company Adjusts Dividend Payout amid Evolving Capital Goods Landscape, refusal: null

Published Tue, Aug 6 2024 9:18 PM UTC



MINNEAPOLIS - Tennant Company (NYSE: TNC) recently announced its intention to disburse a regular quarterly cash dividend of $0.28 per share on September 16, 2024. As a leading global provider of innovative solutions promoting cleanliness, safety, and health, Tennant has consistently strived to provide value to its shareholders. However, recent developments in the c...

Business Update

Tennant Company Strengthens Cleaning Solutions and Expands Internationally A Sustainable Path to Success ...

Published Fri, Jun 28 2024 4:38 AM UTC

In a recent announcement, Tennant Company, a global leader in designing, manufacturing, and marketing cleaning solutions, has published its annual Sustainability Report for the 2023 fiscal year. This report not only highlights the company s achievements but also introduces its Thriving People. Healthy Planet. sustainability framework. With a focus on integrating sustainabili...

Business Update

Tennant Company Explores Sustainability and Innovation in FY23 A Global Expansion with the i-mop Series

Published Thu, Jun 27 2024 9:54 PM UTC

Tennant Company (NYSE: TNC), a global leader in designing, manufacturing, and marketing cleaning solutions, has released its 2024 sustainability report, marking achievements in the 2023 fiscal year. The report also unveils the first year of Thriving People. Healthy Planet. sustainability framework. Concurrently, Tennant has announced the international expansion of its i-mop ...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 70.45
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 1.00
Price to Sales (Expected) -
Price to Book 2.28
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.08
Working Capital Ratio 2.04
Leverage Ratio (MRQ) 1.91
Total Debt to Equity 1.34
Interest Coverage (TTM) 7.35
Debt Coverage (TTM) 0.25

Per Share Current
Earnings (TTM) 1.01 $
Revenues (TTM) 70.86 $
Cash Flow (TTM) 0.15 $
Cash 1.39 $
Book Value 31.17 $
Dividend (TTM) 1.52 $

Efficiency Current
Revenue per Employee (TTM) 271,365
Net Income per Employee (TTM) 4,081
Receivable Turnover Ratio (TTM) 4.54
Inventory Turnover Ratio (TTM) 3.68
Asset Turnover Ratio (TTM) 0.96

Profitability Ratios Current
Gross Margin (MRQ) 39.48 %
Operating Margin (MRQ) 4.91 %
Net Margin (MRQ) 2.35 %
Net Cash Flow Margin (MRQ) 0 %
Effective Tax Rate (TTM) 25.61 %

Management Effectiveness Current
Return On Assets (TTM) 1.44 %
Return On Investment (TTM) 1.74 %
Return On Equity (TTM) 3.16 %
Dividend Yield 1.74 %
Pay out Ratio (TTM) 150.5 %



Tennant Co's Segments
Americas    127.38 % of total Revenue
EMEA    53.52 % of total Revenue
Asia Pacific    11.05 % of total Revenue
Equipment Sales    114.78 % of total Revenue
Parts and consumables    40.96 % of total Revenue
Service and other    36.2 % of total Revenue





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