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 a 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 services, specialty surface coatings, and asset management solutions. It also provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. The company offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IRIS, VLX, IPC, Gaomei, and Rongen brands, as well as private-label brands. Its products are used in retail establishments and distribution centers; factories and warehouses; and public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, parking lots and streets, and other environments. The company 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.
IPO Year:
Exchange: NYSE
Website: tennantco.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/24/2025 | $102.00 | Buy | Roth Capital |
| 12/19/2024 | $125.00 | Buy | Northcoast |
| 12/28/2023 | $112.00 | Buy | CL King |
| 11/1/2023 | $100.00 | Market Perform → Market Outperform | CJS Securities |
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Operations and Financial Performance Impacted by ERP System Implementation Fourth Quarter Adjusted EPS(a) of $0.48, including Estimated $0.91 Impact from ERP Implementation Full Year 2025 Adjusted EPS of $4.57 Share Repurchases Totaled ~$88 million in 2025, About 6% of Outstanding Shares Issues Outlook for 2026 Tennant Company (NYSE:TNC), a global leader in floor-care equipment and cleaning solutions, today announced results for the fourth quarter and full year ended December 31, 2025. The Company also provided an operational update following the North America go-live of its new enterprise resource planning (ERP) system during the fourth quarter. (In millions, except per
Tennant Company (NYSE:TNC) today announced that the company will report its fourth quarter and full year fiscal 2025 financial results after the market closes on Monday, February 23, 2026, with a conference call to follow at 10:00 a.m. Eastern Time/9 a.m. Central Time on Tuesday, February 24, 2026. The conference call will be webcast and can be accessed on the company's website at investors.tennantco.com. A replay of the webcast and accompanying slides will be available on the company's website. Company Profile Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a clean
Tennant Company (NYSE:TNC) ("Tennant" or the "Company"), a world leader in cleaning equipment and solutions, today announced that James T. Glerum, Jr. ("Jim") and Patrick Allen have been appointed to the Company's Board of Directors as independent directors, effective immediately. With these appointments, the Board will expand in size to 11 directors, 10 of whom are independent. In connection with the appointment of Mr. Allen, Tennant has entered into a cooperation and standstill agreement with Vision One. "We are pleased to welcome Jim and Patrick to the Board and look forward to benefitting from their respective experiences, capabilities and insights as we advance our enterprise growth
Directors of Tennant Company (NYSE:TNC) today declared a regular quarterly cash dividend of $0.31 per share payable March 16, 2026, to shareholders of record at the close of business on February 27, 2026. Company Profile Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world. Its products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; detergent-free and other sustainable cleaning technologies; and cleaning tools and supplies. Tennant's global field service network is the most extensive in
Delivered Net Sales of $303 Million Achieved 120 bps Adjusted EBITDA Margin Expansion Returned $28 Million to Shareholders Tennant Company ("Tennant" or the "Company") (NYSE:TNC) today reported its financial results for the quarter ended September 30, 2025. (In millions, except per share data) Three Months Ended September 30, Nine Months Ended September 30, 2025 2024 Incr / (Decr) 2025 2024 Incr / (Decr) Net sales $ 303.3 $ 315.8 (4.0 )%
Marks 54th Consecutive Annual Dividend Increase; Raises Dividend by 5.1% The Board of Directors of Tennant Company (NYSE:TNC) today authorized raising the quarterly cash dividend to $0.31 per share, a 5.1% increase. The increased dividend is payable December 15, 2025, to shareholders of record at the close of business on November 28, 2025. "Our disciplined approach to cash management, combined with our strong capital allocation priorities, continues to strengthen our balance sheet and support our ability to consistently return capital to shareholders," said Tennant Company President and CEO Dave Huml. "We remain committed to delivering long-term value and take great pride in our longsta
Tennant Company (NYSE:TNC) today announced that the company will report its third quarter 2025 financial results after the market closes on Monday, November 3, 2025, with a conference call to follow at 10:00 a.m. Eastern Time/9 a.m. Central Time on Tuesday, November 4, 2025. The conference call will be webcast and can be accessed on the company's website at investors.tennantco.com. A replay of the webcast and accompanying slides will be available on the company's website. Company Profile Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier
Built for fast onboarding and easy maintenance, the T360 walk-behind scrubber features a self-propelled drive with a 28" cleaning path, user-friendly controls and dependable run time for efficient floor cleaning Tennant Company (NYSE:TNC) today announced the launch of its latest mid-sized scrubber, the T360. Featuring intuitive controls, strong cleaning capability and productivity-focused design, the T360 offers a straightforward, effective cleaning solution for facility owners and operators seeking equipment that's easy to operate and maintain. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251014135413/en/Tennant T360 "Facil
Delivered Net Sales of $319 Million on Strong Order Growth Returned $19 Million to Shareholders Reaffirms 2025 Guidance Tennant Company ("Tennant" or the "Company") (NYSE:TNC) today reported its financial results for the quarter ended June 30, 2025. (In millions, except per share data) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 Incr / (Decr) 2025 2024 Incr / (Decr) Net sales $ 318.6 $ 331.0 (3.7 )% $
Directors of Tennant Company (NYSE:TNC) today declared a regular quarterly cash dividend of $0.295 per share payable September 15, 2025, to shareholders of record at the close of business on August 29, 2025. Company Profile Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world. Its products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; detergent-free and other sustainable cleaning technologies; and cleaning tools and supplies. Tennant's global field service network is the most extensive
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Roth Capital initiated coverage of Tennant with a rating of Buy and set a new price target of $102.00
Northcoast initiated coverage of Tennant with a rating of Buy and set a new price target of $125.00
CL King initiated coverage of Tennant with a rating of Buy and set a new price target of $112.00
CJS Securities upgraded Tennant from Market Perform to Market Outperform and set a new price target of $100.00
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Live finance-specific insights
Operations and Financial Performance Impacted by ERP System Implementation Fourth Quarter Adjusted EPS(a) of $0.48, including Estimated $0.91 Impact from ERP Implementation Full Year 2025 Adjusted EPS of $4.57 Share Repurchases Totaled ~$88 million in 2025, About 6% of Outstanding Shares Issues Outlook for 2026 Tennant Company (NYSE:TNC), a global leader in floor-care equipment and cleaning solutions, today announced results for the fourth quarter and full year ended December 31, 2025. The Company also provided an operational update following the North America go-live of its new enterprise resource planning (ERP) system during the fourth quarter. (In millions, except per
Tennant Company (NYSE:TNC) today announced that the company will report its fourth quarter and full year fiscal 2025 financial results after the market closes on Monday, February 23, 2026, with a conference call to follow at 10:00 a.m. Eastern Time/9 a.m. Central Time on Tuesday, February 24, 2026. The conference call will be webcast and can be accessed on the company's website at investors.tennantco.com. A replay of the webcast and accompanying slides will be available on the company's website. Company Profile Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a clean
Directors of Tennant Company (NYSE:TNC) today declared a regular quarterly cash dividend of $0.31 per share payable March 16, 2026, to shareholders of record at the close of business on February 27, 2026. Company Profile Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world. Its products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; detergent-free and other sustainable cleaning technologies; and cleaning tools and supplies. Tennant's global field service network is the most extensive in
Delivered Net Sales of $303 Million Achieved 120 bps Adjusted EBITDA Margin Expansion Returned $28 Million to Shareholders Tennant Company ("Tennant" or the "Company") (NYSE:TNC) today reported its financial results for the quarter ended September 30, 2025. (In millions, except per share data) Three Months Ended September 30, Nine Months Ended September 30, 2025 2024 Incr / (Decr) 2025 2024 Incr / (Decr) Net sales $ 303.3 $ 315.8 (4.0 )%
Marks 54th Consecutive Annual Dividend Increase; Raises Dividend by 5.1% The Board of Directors of Tennant Company (NYSE:TNC) today authorized raising the quarterly cash dividend to $0.31 per share, a 5.1% increase. The increased dividend is payable December 15, 2025, to shareholders of record at the close of business on November 28, 2025. "Our disciplined approach to cash management, combined with our strong capital allocation priorities, continues to strengthen our balance sheet and support our ability to consistently return capital to shareholders," said Tennant Company President and CEO Dave Huml. "We remain committed to delivering long-term value and take great pride in our longsta
Tennant Company (NYSE:TNC) today announced that the company will report its third quarter 2025 financial results after the market closes on Monday, November 3, 2025, with a conference call to follow at 10:00 a.m. Eastern Time/9 a.m. Central Time on Tuesday, November 4, 2025. The conference call will be webcast and can be accessed on the company's website at investors.tennantco.com. A replay of the webcast and accompanying slides will be available on the company's website. Company Profile Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier
Delivered Net Sales of $319 Million on Strong Order Growth Returned $19 Million to Shareholders Reaffirms 2025 Guidance Tennant Company ("Tennant" or the "Company") (NYSE:TNC) today reported its financial results for the quarter ended June 30, 2025. (In millions, except per share data) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 Incr / (Decr) 2025 2024 Incr / (Decr) Net sales $ 318.6 $ 331.0 (3.7 )% $
Directors of Tennant Company (NYSE:TNC) today declared a regular quarterly cash dividend of $0.295 per share payable September 15, 2025, to shareholders of record at the close of business on August 29, 2025. Company Profile Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world. Its products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; detergent-free and other sustainable cleaning technologies; and cleaning tools and supplies. Tennant's global field service network is the most extensive
Tennant Company (NYSE:TNC) today announced that the company will report its second quarter 2025 financial results after the market closes on Wednesday, August 6, 2025, with a conference call to follow at 10:00 a.m. Eastern Time/9 a.m. Central Time on Thursday, August 7, 2025. The conference call will be webcast and can be accessed on the company's website at investors.tennantco.com. A replay of the webcast and accompanying slides will be available on the company's website. Company Profile Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier
Delivered Net Sales of $290 Million on Strong Order Growth While Lapping $50 Million Backlog-Reduction Benefit in the Prior Year Returned $25.8 Million to Shareholders Reaffirms Guidance Tennant Company ("Tennant" or the "Company") (NYSE:TNC) today reported its financial results for the quarter ended March 31, 2025. (In millions, except per share data) Three Months Ended March 31, 2025 2024 Incr / (Decr) Net sales $ 290.0 $ 311.0 (6.8 )% Net income $ 13.1 $ 28.4 (53.9 )% Diluted EPS $ 0.69 $ 1.49 (53.7 )%
Live Leadership Updates
Tennant Company (NYSE:TNC) ("Tennant" or the "Company"), a world leader in cleaning equipment and solutions, today announced that James T. Glerum, Jr. ("Jim") and Patrick Allen have been appointed to the Company's Board of Directors as independent directors, effective immediately. With these appointments, the Board will expand in size to 11 directors, 10 of whom are independent. In connection with the appointment of Mr. Allen, Tennant has entered into a cooperation and standstill agreement with Vision One. "We are pleased to welcome Jim and Patrick to the Board and look forward to benefitting from their respective experiences, capabilities and insights as we advance our enterprise growth
Astronics Corporation (NASDAQ:ATRO), a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, announced the appointment of Fay West to its Board of Directors, effective February 6, 2025. Ms. West brings over two decades of financial leadership experience across various industries. Since April 2021, she has served as Senior Vice President and Chief Financial Officer at Tennant Company (NYSE:TNC), a global leader in designing, manufacturing, and marketing solutions that help create a cleaner, safer, and healthier world. Peter J. Gundermann, Chairman, President and CEO, commented, "We are thrilled to welcome Fay to our Board of Director
Additions Butler, Eicher & Flanagan bring diverse experience, financial acumen Pinnacle West Capital Corp. (NYSE:PNW) announced today that its board of directors has elected three new members to the company's board: Ronald Butler Jr., a "Big 4" public accounting firm managing partner with more than 32 years of diverse management and executive leadership experience; Carol S. Eicher, a seasoned executive who has served in multiple board leadership roles with both public and private equity-backed businesses; and Susan T. Flanagan, an executive with a broad and accomplished career spanning various sectors, including regulated utilities, energy and renewables, finance and capital markets, and
Mark W. Sheahan, President and Chief Executive Officer of Graco Inc., Joins Tennant Company Board of Directors Tennant Company (NYSE:TNC), a world leader in the design, manufacture and marketing of solutions to reinvent how the world cleans, today announced the appointment of Mark W. Sheahan, President and Chief Executive Officer of Graco Inc. (NYSE:GGG), to the Tennant Company Board of Directors, effective May 15, 2024. Mr. Sheahan is the CEO of Graco Inc., a global manufacturer of products and solutions for the management of fluids and coatings. With nearly three decades of experience leading high-performing organizations and serving on boards, he has expertise in global manufacturing
Tennant Company ("Tennant") (NYSE:TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer, healthier world, today announced it has appointed Brock Christianson as the Company's Senior Vice President, Chief Human Resources Officer, effective November 27. Mr. Christianson was previously Vice President, Organizational Planning, Analytics and Operations for Thrivent. "Brock is an accomplished HR leader with extensive experience in global business and transformation leadership, acquisitions and divestures, establishing high-performing global teams and building world-class human resources solutions," said Dave Huml, Tennant Company's Presiden
Andrew P. Hider, Chief Executive Officer of ATS Automation, Joins Tennant Company Board of Directors Tennant Company (NYSE:TNC), a world leader in the design, manufacture and marketing of solutions to reinvent how the world cleans, today announced the appointment of Andrew P. Hider, Chief Executive Officer and board member of ATS Automation Tooling Systems, Inc. (TSX:ATA), to the Tennant Company Board of Directors, effective August 3, 2022. Mr. Hider is the CEO of ATS Automation, a global leader in automation solutions technologies. An experienced executive with a track record of success, he has expertise in creating shareholder value by driving strategic clarity, business growth and oper
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant”) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer, healthier world, today announced it has appointed Fay West as the Company’s Senior Vice President and Chief Financial Officer, effective April 15. Ms. West was previously Senior Vice President and Chief Financial Officer of SunCoke Energy, Inc. West replaces Thomas Paulson, who has served as interim CFO since January 2021. “Fay is an accomplished finance executive with extensive experience in accounting, financial reporting and analysis and controls, and demonstrated leadership skills in implementing continu
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant”) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer, healthier world, today announced it has appointed Barb Balinski as the Company’s senior vice president of innovation and technology. Ms. Balinski was previously vice president of engineering, overseeing Tennant’s global engineering team. “We are excited to have Barb step into this important role on our enterprise leadership team. She has led the R&D team to make significant contributions to Tennant’s success in the past and is a well-respected member of our global leadership team,” said Dave Huml, Tennant Co
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions to reinvent how the world cleans, today announced the appointment of Tim Morse, former Chief Executive Officer of Ten-X, to the Tennant Company Board of Directors, effective February 17, 2021. Mr. Morse led Ten-X, an online real estate marketplace company, from 2015 to 2018, and served as the company’s Chief Financial Officer prior to his appointment as the Chief Executive Officer. Prior to his tenure with Ten-X, he held various senior leadership positions with Yahoo! Inc., including Chief Financial Officer and Interim Chief Executive Officer, as well as