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Companies / Industrials / TENNANT CO
TNC

TENNANT CO

IndustrialsIndustrial Machinery
Ticker TNCEDEN PRAIRIE, MNFiscal year ends DecemberBook value per share $30.56Diluted shares 17.5M

Tennant Company (NYSE: TNC) is a world leader in designing, manufacturing, and marketing solutions for nonresidential surface maintenance and cleaning. Founded in 1870 and headquartered in the Minneapolis, Minnesota area, the company operates as a single reportable segment focused on creating cleaner, safer, and… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.20B
−6.5% year over year
Last 12 mo $1.22B
5.68%
−3.2 percentage points
Last 12 mo 3.20%
$43.80M
−47.7% year over year
Last 12 mo $18.30M
7.28%
−6.2 percentage points
Last 12 mo 3.43%
Cash & financing
$65.00M
−27.5% year over year
Last 12 mo $16.70M
$43.30M
−37.1% year over year
Last 12 mo $-2.70M
0.45
Was 0.32× a year earlier
Last 12 mo 0.67
18.6M
−2.7% year over year
Last 12 mo 17.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What TENNANT CO does

In the company’s own words

Tennant Company (NYSE: TNC) is a world leader in designing, manufacturing, and marketing solutions for nonresidential surface maintenance and cleaning. Founded in 1870 and headquartered in the Minneapolis, Minnesota area, the company operates as a single reportable segment focused on creating cleaner, safer, and healthier environments through innovative cleaning technologies and equipment.

The company's product portfolio encompasses manual and autonomous mechanized cleaning equipment for industrial and commercial applications, detergent-free and sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and business solutions including financing, rental, leasing programs, and machine-to-machine asset management solutions. Tennant markets its offerings under multiple brands including Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei, and Rongen, alongside private-label offerings. Differentiated technology solutions include an expanding robotic cleaning equipment portfolio, IRIS asset management solutions, ec-H2O NanoClean detergent-free technology, and ReadySpace rapid-drying carpet cleaning technology.

The company serves more than 40,000 customers globally, including contract cleaners and businesses performing in-house facilities maintenance across retail establishments, distribution centers, factories, warehouses, public venues, office buildings, schools, universities, hospitals, and clinics. Tennant operates 11 global manufacturing locations and maintains an extensive field service network, selling products directly in 21 countries and through distributors in more than 100 countries across three geographic regions: the Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific (APAC).

As of December 31, 2025, Tennant employed 4,484 people worldwide, with approximately 40.4 percent located in the United States. The company reaches customers through the industry's largest direct sales and service organization combined with a strong network of authorized distributors. Steel, metal alloys, and resin serve as primary raw materials, with component parts and electronics sourced from third-party suppliers. The company's website is www.tennantco.com.

Company details
Sector
Industrials
Industry
Industrial Machinery
Headquarters
EDEN PRAIRIE, MN
Fiscal year end
December
CIK
97134
SIC
3580

Financial performance, year by year

Fiscal 2013–2025 · USD
$-135.50M$252.38M$640.25M$1.03B$1.42B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns TENNANT CO — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

277
funds hold it
0 of 35
superinvestors hold it
$888.47M
held by funds, at market
60.4%
of shares held by funds

Largest fund holders · TENNANT CO’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.08%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
1.03%of fund net assets
Fidelity Low-Priced Stock Fund
FLPSX · Fidelity Puritan Trust
0.17%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.05%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do TENNANT CO and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of TENNANT CO's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in TENNANT CO's last four quarterly filings that the numbers alone won't show?”
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