TNC
$66.09+2.35%
Tennant CompanyStock · IndustrialsRussell 2000 · 0.05% of IWMRussell 3000 · 0.002% of IWVUS Stock Market · 0.002% of VTI
TNC financial statements
The full income statement, balance sheet, and cash-flow statement for Tennant Company (TNC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 18.9M2024-09 18.9M2024-12 18.8M2025-03 18.7M2025-06 18.5M2025-09 18.1M2025-12 17.8M2026-03 17.0M2026-06 17.0M-9.8% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.20B-6.5% | 1.29B+3.5% | 1.24B+13.9% | 1.09B+0.1% | 1.09B+9.0% | |
| 484M-11.9% | 550M+4.2% | 528M+25.4% | 421M-3.9% | 438M+7.4% | ||
| Cost of revenue | 719M-2.4% | 737M+2.9% | 716M+6.6% | 671M+2.8% | 653M+10.0% | |
| Research & development | 41.2M-5.9% | 43.8M+19.7% | 36.6M+17.7% | 31.1M-3.4% | 32.2M+7.0% | |
| Selling, general & administrative | 375M-4.4% | 392M+11.1% | 353M+15.1% | 306M-4.8% | 322M+2.5% | |
| Restructuring | 8.80M+0.0% | 8.80M+175.0% | 3.20M-22.0% | 4.10M+0.0% | 4.10M-33.9% | |
| Amortization of intangibles | 13.7M-8.7% | 15.0M+2.0% | 14.7M-7.5% | 15.9M-20.5% | 20.0M-3.8% | |
| Provision for credit losses | 7.10M+108.8% | 3.40M+0.0% | 3.40M+47.8% | 2.30M+53.3% | 1.50M-25.0% | |
| Operating income | 68.3M-40.2% | 114M-17.5% | 139M+58.9% | 87.2M-6.9% | 93.7M+47.1% | |
| Interest expense | — | — | — | — | 7.30M-58.0% | |
| Other non-operating income | 300K+160.0% | -500K+68.8% | -1.60M-366.7% | 600K+300.0% | -300K-400.0% | |
| Pre-tax income | 57.9M-44.8% | 105M-15.3% | 124M+55.7% | 79.5M+7.3% | 74.1M+80.3% | |
| Income tax | 14.1M-33.2% | 21.1M+47.6% | 14.3M+8.3% | 13.2M+43.5% | 9.20M+24.3% | |
| 43.8M-47.7% | 83.7M-23.6% | 110M+65.2% | 66.3M+2.2% | 64.9M+92.6% | ||
| Net income to non-controlling interest | — | — | — | — | 0.00 | |
| $2.36-46.1% | $4.38-24.9% | $5.83+64.2% | $3.55+3.2% | $3.44+90.1% | ||
| EPS (basic) | $2.38-46.6% | $4.46-24.7% | $5.92+65.4% | $3.58+2.0% | $3.51+90.8% | |
| Weighted-avg shares (basic) | 18.4M-2.2% | 18.8M+1.5% | 18.5M+0.1% | 18.5M-0.0% | 18.5M+0.8% | |
| Weighted-avg shares (diluted) | 18.6M-2.7% | 19.1M+1.7% | 18.8M+0.5% | 18.7M-0.8% | 18.8M+1.1% | |
| Dividends per share | $1.20+5.3% | $1.14+5.6% | $1.07+5.9% | $1.01+8.0% | $0.94+5.6% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 600M+4.0% | 577M+1.3% | 569M-1.1% | 575M+9.2% | 527M+6.7% | ||
| Cash & equivalents | 106M+6.6% | 99.8M-14.8% | 117M+51.3% | 77.4M-37.4% | 124M-12.3% | |
| Accounts receivable | 257M-0.9% | 259M+4.6% | 248M-1.6% | 252M+19.0% | 211M+5.8% | |
| Inventory | 199M+8.0% | 184M+4.5% | 176M-14.9% | 207M+28.6% | 161M+25.8% | |
| Prepaid expenses | 38.0M+12.1% | 33.9M+18.9% | 28.5M-28.4% | 39.8M+27.6% | 31.2M+24.8% | |
| 1.27B+6.6% | 1.19B+6.9% | 1.11B+2.6% | 1.09B+2.2% | 1.06B-1.9% | ||
| Property, plant & equipment | — | — | — | 180M+4.1% | 173M-6.8% | |
| Operating lease right-of-use | 56.9M+4.2% | 54.6M+30.9% | 41.7M+31.1% | 31.8M-23.0% | 41.3M-7.2% | |
| Goodwill | 209M+12.4% | 186M-1.0% | 187M+3.0% | 182M-5.7% | 193M-7.1% | |
| Intangible assets | 52.6M-10.4% | 58.7M-7.0% | 63.1M-17.4% | 76.4M-22.0% | 98.0M-22.3% | |
| Other non-current assets | 161M+23.9% | 130M+102.2% | 64.4M+62.2% | 39.7M+33.7% | 29.7M+18.8% | |
| 293M+0.3% | 292M+6.8% | 274M+4.6% | 262M-9.9% | 290M+14.2% | ||
| Accounts payable | 128M+0.5% | 127M+13.9% | 111M-11.7% | 126M+3.8% | 122M+14.3% | |
| Deferred revenue | 16.6M+69.4% | 9.80M+24.1% | 7.90M+19.7% | 6.60M-14.3% | 7.70M+30.5% | |
| Short-term & current debt | 400K-69.2% | 1.30M-79.7% | 6.40M+23.1% | 5.20M+23.8% | 4.20M-61.5% | |
| Current lease liability | 21.7M+17.3% | 18.5M+28.5% | 14.4M-4.0% | 15.0M-8.5% | 16.4M | |
| Other current liabilities | 124M+12.1% | 111M+25.2% | 88.6M+2.7% | 86.3M-17.0% | 104M+24.7% | |
| Finance lease liability (current) | 400K-20.0% | 500K+400.0% | 100K | 0.00 | 0.00-100.0% | |
| 666M+17.2% | 568M+6.1% | 535M-12.7% | 613M-2.2% | 627M-7.4% | ||
| Long-term debt | 274M+37.1% | 200M-0.5% | 201M-33.2% | 300M+12.2% | 268M-14.1% | |
| Non-current lease liability | 35.5M-2.2% | 36.3M+32.5% | 27.4M+60.2% | 17.1M-32.7% | 25.4M-11.5% | |
| Operating lease liability (total) | 57.2M+4.4% | 54.8M+31.1% | 41.8M+30.2% | 32.1M-23.2% | 41.8M-7.1% | |
| Finance lease liability (total) | 1.10M-8.3% | 1.20M+100.0% | 600K+100.0% | 300K+200.0% | 100K+0.0% | |
| Finance lease liability | 700K+0.0% | 700K+75.0% | 400K+300.0% | 100K+0.0% | 100K | |
| Deferred tax liabilities | 3.30M-32.7% | 4.90M-2.0% | 5.00M-56.5% | 11.5M-44.2% | 20.6M-47.3% | |
| Other non-current liabilities | 44.7M+95.2% | 22.9M+6.5% | 21.5M+48.3% | 14.5M+36.8% | 10.6M-72.8% | |
| Total non-current liabilities | 372M+35.0% | 276M+5.5% | 261M-25.6% | 351M+4.5% | 336M-20.3% | |
| 602M-3.1% | 621M+7.6% | 577M+22.6% | 471M+8.5% | 434M+7.2% | ||
| Common stock | 6.70M-5.6% | 7.10M+1.4% | 7.00M+0.0% | 7.00M+0.0% | 7.00M+1.4% | |
| Additional paid-in capital | 0.00-100.0% | 76.7M+18.2% | 64.9M+15.9% | 56.0M+3.5% | 54.1M-1.1% | |
| Retained earnings | 628M+3.0% | 610M+11.4% | 547M+19.5% | 458M+11.5% | 411M+13.0% | |
| Accumulated other comprehensive income | -33.2M+54.3% | -72.7M-71.9% | -42.3M+15.7% | -50.2M-32.5% | -37.9M-88.6% | |
| Non-controlling interest | 1.80M+38.5% | 1.30M+0.0% | 1.30M+0.0% | 1.30M+0.0% | 1.30M+0.0% | |
| Total equity incl. non-controlling | 603M-3.0% | 622M+7.6% | 578M+22.5% | 472M+8.5% | 435M+7.1% | |
| Total liabilities & equity | 1.27B+6.6% | 1.19B+6.9% | 1.11B+2.6% | 1.09B+2.2% | 1.06B-1.9% | |
| Common shares issued | 17.8M-5.3% | 18.8M+0.0% | 18.8M+1.2% | 18.6M+0.5% | 18.5M+0.2% | |
| Common shares outstanding | 17.8M-5.3% | 18.8M+1.2% | 18.6M+0.6% | 18.5M-0.1% | 18.5M+0.2% | |
| Shares outstanding (cover) | 17.8M-5.2% | 18.8M+1.1% | 18.6M+0.5% | 18.5M-0.0% | 18.5M+0.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 65.0M-27.5% | 89.7M-52.4% | 188M+850.6% | -25.1M-136.2% | 69.4M-48.1% | ||
| Depreciation & amortization | 58.7M+6.5% | 55.1M+7.8% | 51.1M+4.9% | 48.7M-8.3% | 53.1M-0.6% | |
| Intangible amortization | 13.7M-8.7% | 15.0M+2.0% | 14.7M-7.5% | 15.9M-20.5% | 20.0M-3.8% | |
| Share-based compensation | 10.4M-12.6% | 11.9M+2.6% | 11.6M+48.7% | 7.80M-17.9% | 9.50M+58.3% | |
| Deferred income taxes | 3.90M+141.1% | -9.50M+64.7% | -26.9M-72.4% | -15.6M-4.0% | -15.0M-525.0% | |
| Change in receivables | -4.10M-127.3% | 15.0M+465.9% | -4.10M-108.9% | 46.3M+128.1% | 20.3M+178.1% | |
| Change in inventory | 21.7M-34.2% | 33.0M+330.8% | -14.3M-120.9% | 68.3M+22.0% | 56.0M+406.0% | |
| Change in payables | -1.90M-112.3% | 15.4M+200.7% | -15.3M-298.7% | 7.70M-59.7% | 19.1M+124.7% | |
| -22.7M+71.0% | -78.4M-237.9% | -23.2M+5.3% | -24.5M-1541.2% | 1.70M+105.7% | ||
| Capital expenditure | 21.7M+3.8% | 20.9M-8.3% | 22.8M-8.8% | 25.0M+28.9% | 19.4M-35.1% | |
| Free cash flow | 43.3M-37.1% | 68.8M-58.5% | 166M+430.5% | -50.1M-200.2% | 50.0M-51.9% | |
| Acquisitions | 3.20M-87.5% | 25.7M | 0.00 | 0.00 | 0.00 | |
| Purchases of investments | 0.00-100.0% | 32.1M | 0.00 | 0.00 | — | |
| Proceeds from sale of PP&E | 1.50M | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Other investing activities | — | 0.00 | 0.00+100.0% | -100K-200.0% | 100K | |
| -38.7M-53.6% | -25.2M+79.4% | -123M-1613.6% | 8.10M+109.6% | -84.5M-97.4% | ||
| Long-term debt issued | 85.0M+107.8% | 40.9M+104.5% | 20.0M-61.5% | 52.0M-83.5% | 316M+149.8% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | -2.50M-112.8% | 19.6M+3.2% | 19.0M+2211.1% | -900K-118.0% | 5.00M+2.0% | |
| Common stock repurchased | 88.5M+351.5% | 19.6M-9.7% | 21.7M+334.0% | 5.00M-66.7% | 15.0M | |
| Dividends paid | 21.9M+2.3% | 21.4M+6.5% | 20.1M+6.3% | 18.9M+8.0% | 17.5M+7.4% | |
| Net change in cash | 6.60M+138.2% | -17.3M-143.6% | 39.7M+185.9% | -46.2M-165.5% | -17.4M-126.2% | |
| Interest paid | 12.3M-9.6% | 13.6M-20.5% | 17.1M+125.0% | 7.60M-35.0% | 11.7M-36.1% | |
| Income taxes paid | 13.4M-55.6% | 30.2M-23.5% | 39.5M+15.8% | 34.1M+74.9% | 19.5M+62.5% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.32B-14.3% | 1.53B-11.4% | 1.73B+51.2% | 1.14B-23.7% | 1.50B+15.5% | |
| P/E | 30.0×+63.8% | 18.3×+8.3% | 16.9×-25.5% | 22.7×-1.8% | 23.1×-40.0% | |
| P/S | 1.1×-8.3% | 1.2×-15.8% | 1.4×+33.2% | 1.1×-22.8% | 1.4×+6.0% | |
| P/B | 2.2×-11.5% | 2.5×-22.2% | 3.2×+18.0% | 2.7×-22.2% | 3.5×+7.8% | |
| P/FCF | 30.4×+36.2% | 22.3×+51.2% | 14.7× | — | 30.0×+140.1% | |
| Earnings yield | 3.3%-39.0% | 5.5%-7.7% | 5.9%+34.2% | 4.4%+1.8% | 4.3%+66.7% | |
| FCF yield | 3.3%-26.6% | 4.5%-33.9% | 6.8% | — | 3.3%-58.4% | |
| Dividend yield | 1.6%+16.5% | 1.4%+20.0% | 1.2%-29.6% | 1.6%+42.1% | 1.2%-8.5% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: TNC’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TNC filings on SEC EDGAR → Not investment advice.