| Indicators | Browse All

Tennant Company (TNC)

Industrials | Specialty Industrial Machinery | Eden Prairie, United States | NYSE
69.58 USD -0.42 (-0.600%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 69.58
Short-term:★★☆☆☆Long-term:★★☆☆☆Dividends:★⯪☆☆☆
Hot Take ↕ | Aug. 22, 2026, 1:44 a.m. EDT

The investment case for Tennant is currently fractured by a severe disconnect between its valuation metrics and its operational reality. While the forward P/E of 12 appears attractive, it is pricing in a massive earnings recovery that hasn't materialized; earnings growth is negative at nearly 60%, and the company is burning cash with operating cash flow significantly lagging free cash flow. The balance sheet is strained, with debt-to-equity exceeding 73% and a payout ratio of 117% indicating the dividend is being funded by borrowing or drawing down reserves, which is unsustainable. Technically, the stock is in a confirmed downtrend, trading well below its 50-day moving average, and the recent price action shows a steady bleed lower. The options market confirms this pessimism, with traders buying protection at lower strikes while offering very little upside exposure. Although the long-term trajectory over the last nine years remains positive due to a strong rally in the middle years, the most recent annual performance was a double-digit decline, signaling that the previous growth engine has stalled. The dividend yield is a trap here; it is artificially inflated by a falling stock price and an unsustainable payout ratio, making it a liability rather than an income source. Until earnings turn positive and the payout ratio normalizes, this remains a speculative hold with significant downside risk.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.063035
AutoETS0.063093
MSTL0.063412
AutoTheta0.080504

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 31%
H-stat 47.07
Ljung-Box p 0.000
Jarque-Bera p 0.001
Excess Kurtosis 0.14
Attribute Value
Sector Industrials
Ex Dividend Date 2026-08-30
Last Dividend Date 2026-05-28
Debt to Equity Ratio 73.113
Revenue per Share 68.835
Market Cap 1,186,290,560
Trailing P/E 66.90
Forward P/E 12.38
Beta 1.13
Profit Margins 1.50%
Website https://www.tennantco.com

As of Aug. 22, 2026, 1:44 a.m. EDT: Speculators are positioning defensively with heavy put volume at strikes below the current price (60 and 65), while call interest is sparse and concentrated at distant strikes (80+). Implied volatility is extremely low across the board, suggesting a lack of aggressive directional bets and a market expecting continued stagnation or further downside rather than a sharp reversal.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.36% 1.65% 1.39% 1.41%
Dividend History
Date Dividend Yield %
2026-05-29 0.310 0.360005
2026-02-27 0.310 0.507947
2025-11-28 0.310 0.423903
2025-08-29 0.295 0.359581
2025-05-30 0.295 0.396399
2025-02-28 0.295 0.340804
2024-11-29 0.295 0.333824
2024-08-30 0.280 0.286680
2024-05-31 0.280 0.272745
2024-02-28 0.280 0.246761
2023-11-29 0.280 0.326759
2023-08-30 0.265 0.318357
2023-05-30 0.265 0.358060
2023-03-02 0.265 0.368056
2022-11-29 0.265 0.425908
2022-08-30 0.250 0.409500
2022-05-27 0.250 0.394758
2022-03-02 0.250 0.315776
2021-11-29 0.250 0.311410
2021-08-30 0.230 0.312585
2021-05-27 0.230 0.275945
2021-02-26 0.230 0.301837
2020-11-27 0.230 0.334838
2020-08-28 0.220 0.322156
2020-05-28 0.220 0.340874
2020-02-28 0.220 0.307520
2019-11-27 0.220 0.293960
2019-08-29 0.220 0.327918
2019-05-30 0.220 0.381084
2019-02-27 0.220 0.347771
2018-11-29 0.220 0.370433
2018-08-30 0.210 0.276134
2018-05-30 0.210 0.262009
2018-02-27 0.210 0.309278
2017-11-29 0.210 0.319149
2017-08-29 0.210 0.343980
2017-05-26 0.210 0.297030
2017-02-28 0.210 0.298932
2016-11-28 0.210 0.278884
2016-08-29 0.200 0.309741
2016-05-26 0.200 0.378358
2016-02-25 0.200 0.381534
2015-11-25 0.200 0.325786
2015-08-27 0.200 0.348371
2015-05-27 0.200 0.302847
2015-02-26 0.200 0.298641
2014-11-25 0.200 0.287068
2014-08-28 0.200 0.285919
2014-05-28 0.200 0.311090
2014-02-27 0.180 0.296687
2013-11-26 0.180 0.276838
2013-08-28 0.180 0.343511
2013-05-29 0.180 0.359425
2013-02-26 0.180 0.390964
2012-11-28 0.180 0.473684
2012-08-29 0.170 0.401417
2012-05-29 0.170 0.400660
2012-02-27 0.170 0.397661
2011-11-28 0.170 0.438031
2011-08-29 0.170 0.392338
2011-05-26 0.170 0.454545
2011-02-24 0.170 0.422780
2010-11-26 0.170 0.492611
2010-08-27 0.140 0.419036
2010-05-26 0.140 0.444162
2010-02-24 0.140 0.588730
2009-11-25 0.140 0.492091
2009-08-27 0.130 0.501931
2009-05-27 0.130 0.686016
2009-02-25 0.130 1.177536
2008-11-25 0.130 0.614948
2008-08-27 0.130 0.420032
2008-05-28 0.130 0.370054
2008-02-27 0.130 0.355677
2007-11-28 0.120 0.268456
2007-08-29 0.120 0.287494
2007-05-29 0.120 0.373367
2007-02-26 0.120 0.370943
2006-11-28 0.120 0.414794
2006-08-29 0.120 0.462428
2006-05-26 0.110 0.453608
2006-02-24 0.110 0.466695
2005-11-28 0.110 0.487589
2005-08-29 0.110 0.567742
2005-05-26 0.110 0.581549
2005-02-24 0.110 0.563236
2004-11-26 0.110 0.538029
2004-08-27 0.110 0.546584
2004-05-26 0.105 0.559701
2004-02-25 0.105 0.523039
2003-11-25 0.105 0.480000
2003-08-27 0.105 0.528169
2003-05-28 0.105 0.613139
2003-02-26 0.105 0.653188
2002-11-26 0.105 0.634633
2002-08-28 0.105 0.559254
2002-05-29 0.100 0.489596
2002-02-28 0.100 0.567376
2001-11-28 0.100 0.596125
2001-08-29 0.100 0.519481
2001-05-30 0.100 0.483092
2001-03-01 0.100 0.464576
2000-12-13 0.100 0.425532
2000-08-30 0.100 0.465116
2000-05-30 0.095 0.534271
2000-03-02 0.095 0.605578
1999-12-14 0.095 0.580153
1999-08-30 0.095 0.562963
1999-05-27 0.095 0.558824
1999-03-04 0.095 0.501650
1998-12-14 0.095 0.513514
1998-08-28 0.095 0.477987
1998-05-28 0.090 0.425406
1998-03-05 0.090 0.480000
1997-12-12 0.090 0.481605
1997-08-27 0.090 0.512456
1997-06-03 0.090 0.586558
1997-03-06 0.090 0.642857
1996-12-12 0.090 0.688995
1996-08-28 0.085 0.755556
1996-05-29 0.085 0.660194
1996-02-29 0.085 0.719577
1995-12-13 0.085 0.676617
1995-08-29 0.085 0.671605
1995-05-24 0.085 0.652278
1995-02-28 0.085 0.701031
1994-12-14 0.085 0.772727
1994-08-25 0.080 0.723164
1994-05-24 0.080 0.757396
1994-03-01 0.080 0.719101
1993-12-15 0.080 0.680851
1993-08-25 0.080 0.746356
1993-05-25 0.080 0.761905
1993-03-02 0.080 0.666667
1992-12-15 0.080 0.703297
1992-08-26 0.075 0.689655
1992-05-26 0.075 0.666667
1992-03-03 0.075 0.714286
1991-12-17 0.075 0.882353
1991-08-26 0.075 0.869565
1991-05-23 0.075 0.821918
1991-02-26 0.075 0.792079
1990-12-17 0.075 0.869565
1990-08-24 0.075 0.869565
1990-05-23 0.075 0.740741
1990-02-27 0.070 0.788732
1989-12-15 0.070 0.783217
1989-08-24 0.070 0.817518
1989-05-23 0.070 0.848485
1989-02-28 0.065 0.990476
1988-12-19 0.065 1.040000
1988-08-24 0.060 0.888889
1988-05-23 0.060 0.761905
1988-03-01 0.060 0.979592
1987-12-16 0.060 1.116279
1987-08-25 0.060 0.744186
1987-05-22 0.060 0.806723
1987-03-02 0.060 0.793388
Additional Data
dividendRate 1.24
dividendYield 1.77
exDividendDate 2026-08-31
trailingAnnualDividendRate 1.225
trailingAnnualDividendYield 0.0175
lastDividendValue 0.31
lastDividendDate 2026-05-29
dividendDate 2026-09-15

Info Dump

Attribute Value
52 Week Change -0.13800794
Address1 10,400 Clean Street
All Time High 124.11
All Time Low 2.125
Ask 70.02
Ask Size 200
Audit Risk 7
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 226,520
Average Daily Volume3 Month 192,492
Average Volume 192,492
Average Volume10Days 226,520
Beta 1.134
Bid 69.1
Bid Size 100
Board Risk 1
Book Value 31.178
City Eden Prairie
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country United States
Crypto Tradeable 0
Currency USD
Current Price 69.58
Current Ratio 2.045
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 71.335
Day Low 68.66
Debt To Equity 73.113
Dividend Date 1,789,430,400
Dividend Rate 1.24
Dividend Yield 1.77
Earnings Call Timestamp End 1,786,024,800
Earnings Call Timestamp Start 1,786,024,800
Earnings Growth -0.593
Earnings Quarterly Growth -0.624
Earnings Timestamp 1,785,960,000
Earnings Timestamp End 1,793,649,600
Earnings Timestamp Start 1,793,649,600
Ebitda 105,800,000
Ebitda Margins 0.08695
Enterprise To Ebitda 14.197
Enterprise To Revenue 1.234
Enterprise Value 1,501,990,528
Eps Current Year 3.85
Eps Forward 5.62
Eps Trailing Twelve Months 1.04
Esg Populated 0
Ex Dividend Date 1,788,134,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 763 513 2142
Fifty Day Average 81.025
Fifty Day Average Change -11.445
Fifty Day Average Change Percent -0.1412527
Fifty Two Week Change Percent -13.800794
Fifty Two Week High 91.93
Fifty Two Week High Change -22.349998
Fifty Two Week High Change Percent -0.24311975
Fifty Two Week Low 60.18
Fifty Two Week Low Change 9.400002
Fifty Two Week Low Change Percent 0.1561981
Fifty Two Week Range 60.18 - 91.93
Financial Currency USD
First Trade Date Milliseconds 99,239,400,000
Five Year Avg Dividend Yield 1.37
Float Shares 16,638,756
Forward Eps 5.62
Forward P E 12.380783
Free Cashflow 50,687,500
Full Exchange Name NYSE
Full Time Employees 4,500
Fullday Change -0.419998
Fullday Change Percent -0.599997
Fullday Price 69.58
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.38766
Gross Profits 471,700,000
Has Pre Post Market Data 1
Held Percent Insiders 0.02207
Held Percent Institutions 1.09514
Implied Shares Outstanding 17,049,303
Industry Specialty Industrial Machinery
Industry Disp Specialty Industrial Machinery
Industry Key specialty-industrial-machinery
Ir Website http://www.tennantco.com/am-en/pages/company/investors.aspx
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,780,012,800
Last Dividend Value 0.31
Last Fiscal Year End 1,767,139,200
Last Split Date 1,153,872,000
Last Split Factor 2:1
Long Business Summary Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers manual and autonomous mechanized cleaning equipment for industrial and commercial use, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, and equipment maintenance and repair services. It also provides business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions. In addition, the company offers robotic cleaning equipment; IRIS, an asset management solution; ec-H2O NanoClean, a detergent-free cleaning solution; and ReadySpace, a rapid-drying carpet cleaning technology. It offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei, and Rongen brands, as well as private-label brands. The company serves retail establishments, distribution centers, factories and warehouses, public venues such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, and others. It markets its products to contract cleaners and businesses through direct sales and service organizations, as well as through a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Eden Prairie, Minnesota.
Long Name Tennant Company
Market us_market
Market Cap 1,186,290,560
Market State CLOSED
Max Age 86,400
Message Board Id finmb_307782
Most Recent Quarter 1,782,777,600
Net Income To Common 18,300,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,193,451,210
Number Of Analyst Opinions 4
Open 70.44
Operating Cashflow 16,700,000
Operating Margins 0.05309
Overall Risk 2
Payout Ratio 1.1779
Peg Ratio 2.56
Phone 763 540 1200
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 69.58
Post Market Time 1,787,959,805
Previous Close 70.0
Price Eps Current Year 18.07273
Price Hint 2
Price To Book 2.2317019
Price To Sales Trailing12 Months 0.9749265
Profit Margins 0.015039999
Quick Ratio 1.212
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.66667
Region US
Regular Market Change -0.419998
Regular Market Change Percent -0.599997
Regular Market Day High 71.335
Regular Market Day Low 68.66
Regular Market Day Range 68.66 - 71.335
Regular Market Open 70.44
Regular Market Previous Close 70.0
Regular Market Price 69.58
Regular Market Time 1,787,947,202
Regular Market Volume 209,662
Return On Assets 0.022839999
Return On Equity 0.03078
Revenue Growth 0.017
Revenue Per Share 68.835
Sand P52 Week Change 0.20204377
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Share Holder Rights Risk 3
Shares Outstanding 17,049,303
Shares Percent Shares Out 0.0691
Shares Short 1,177,833
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 977,418
Short Name Tennant Company
Short Percent Of Float 0.1016
Short Ratio 5.45
Source Interval 15
State MN
Symbol TNC
Target High Price 93.0
Target Low Price 77.0
Target Mean Price 87.75
Target Median Price 90.5
Total Cash 77,400,000
Total Cash Per Share 4.54
Total Debt 391,300,000
Total Revenue 1,216,800,000
Tradeable 0
Trailing Annual Dividend Rate 1.225
Trailing Annual Dividend Yield 0.0175
Trailing Eps 1.04
Trailing P E 66.90385
Trailing Peg Ratio 2.5641
Triggerable 1
Two Hundred Day Average 77.46825
Two Hundred Day Average Change -7.8882446
Two Hundred Day Average Change Percent -0.10182552
Type Disp Equity
Volume 209,662
Website https://www.tennantco.com
Zip 55,344-2650