📊 TNC Key Takeaways
Is Tennant Co (TNC) a Good Investment?
Tennant Co faces deteriorating fundamentals with a 6.5% revenue decline and a sharp 46.1% EPS collapse despite flat net income, signaling significant share dilution and operational challenges. While the balance sheet remains solid with strong liquidity and manageable debt, the company's razor-thin operating margin (5.7%) and contraction in top-line revenue suggest structural headwinds in a competitive industrial services market. The combination of negative revenue growth, absent profitability expansion, and substantial shareholder dilution outweighs financial stability.
Why Buy Tennant Co Stock? TNC Key Strengths
- Strong balance sheet with 2.05x current ratio and 0.45x debt-to-equity providing financial flexibility
- Robust interest coverage of 45.5x indicates minimal risk of financial distress or debt servicing issues
- Positive free cash flow generation of $43.3M demonstrates ability to fund operations and manage capital despite profitability pressures
TNC Stock Risks: Tennant Co Investment Risks
- Revenue contraction of 6.5% year-over-year signals declining market demand or competitive pressure in core business segments
- Catastrophic 46.1% EPS decline despite flat net income indicates severe shareholder dilution from equity issuance, destroying per-share value
- Dangerously thin operating (5.7%) and net (3.6%) margins leave minimal buffer for cost management errors or further revenue deterioration
Key Metrics to Watch
- Quarterly revenue trend and year-over-year growth stabilization
- Operating margin expansion and gross margin sustainability under revenue pressure
- Diluted share count and further equity issuance activity indicating capital structure stress
Tennant Co (TNC) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 3.6% FCF margin may limit capital allocation flexibility. Strong liquidity with a 2.05x current ratio provides a solid financial cushion.
TNC Profit Margin, ROE & Profitability Analysis
TNC vs Industrial Sector: How Tennant Co Compares
How Tennant Co compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Tennant Co Stock Overvalued? TNC Valuation Analysis 2026
Based on fundamental analysis, Tennant Co has mixed fundamental signals relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Tennant Co Balance Sheet: TNC Debt, Cash & Liquidity
TNC Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Tennant Co's revenue has grown significantly by 13% over the 5-year period, indicating strong business expansion. The most recent EPS of $5.83 reflects profitable operations.
TNC Revenue Growth, EPS Growth & YoY Performance
TNC Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $303.3M | $14.9M | $0.80 |
| Q2 2025 | $318.6M | $20.2M | $1.08 |
| Q1 2025 | $290.0M | $13.1M | $0.69 |
| Q3 2024 | $304.7M | $20.8M | $1.09 |
| Q2 2024 | $321.7M | $27.9M | $1.45 |
| Q1 2024 | $305.8M | $24.3M | $1.30 |
| Q3 2023 | $262.9M | $15.6M | $0.83 |
| Q2 2023 | $280.2M | $16.6M | $0.89 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Tennant Co Dividends, Buybacks & Capital Allocation
TNC SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Tennant Co (CIK: 0000097134)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Apr 16, 2026 | 4 | xslF345X06/form4-04162026_080416.xml | View → |
| Mar 18, 2026 | DEF 14A | tm261343-1_def14a.htm | View → |
| Mar 10, 2026 | 4 | xslF345X05/form4-03102026_080318.xml | View → |
| Mar 3, 2026 | 4 | xslF345X05/form4-03032026_100340.xml | View → |
| Mar 3, 2026 | 4 | xslF345X05/form4-03032026_100310.xml | View → |
❓ Frequently Asked Questions about TNC
What is the AI rating for TNC?
Tennant Co (TNC) has an AI rating of SELL with 75% confidence, based on fundamental analysis of SEC EDGAR filings.
What are TNC's key strengths?
Claude: Strong balance sheet with 2.05x current ratio and 0.45x debt-to-equity providing financial flexibility. Robust interest coverage of 45.5x indicates minimal risk of financial distress or debt servicing issues.
What are the risks of investing in TNC?
Claude: Revenue contraction of 6.5% year-over-year signals declining market demand or competitive pressure in core business segments. Catastrophic 46.1% EPS decline despite flat net income indicates severe shareholder dilution from equity issuance, destroying per-share value.
What is TNC's revenue and growth?
Tennant Co reported revenue of $1.2B.
Does TNC pay dividends?
Tennant Co pays dividends, with $21.9M distributed to shareholders in the trailing twelve months.
Where can I find TNC SEC filings?
Official SEC filings for Tennant Co (CIK: 0000097134) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is TNC's EPS?
Tennant Co has a diluted EPS of $2.36.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is TNC a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Tennant Co has a SELL rating with 75% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is TNC stock overvalued or undervalued?
Valuation metrics for TNC: ROE of 7.3% (sector avg: 15%), net margin of 3.6% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy TNC stock in 2026?
Our dual AI analysis gives Tennant Co a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is TNC's free cash flow?
Tennant Co's operating cash flow is $65.0M, with capital expenditures of $21.7M. FCF margin is 3.6%.
How does TNC compare to other Industrial stocks?
Vs Industrial sector averages: Net margin 3.6% (avg: 10%), ROE 7.3% (avg: 15%), current ratio 2.05 (avg: 1.8).