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Industrials - Industrial - Machinery - NYSE - US
$ 86.23
-1.1 %
$ 1.63 B
Market Cap
15.21
P/E
1. INTRINSIC VALUE

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 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.[ Read More ]

The intrinsic value of one TNC stock under the base case scenario is HIDDEN Compared to the current market price of 86.2 USD, Tennant Company is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TNC

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FINANCIALS
1.24 B REVENUE
13.86%
139 M OPERATING INCOME
58.94%
110 M NET INCOME
65.16%
188 M OPERATING CASH FLOW
850.60%
-23.2 M INVESTING CASH FLOW
5.31%
-123 M FINANCING CASH FLOW
-1513.58%
316 M REVENUE
-4.59%
30.6 M OPERATING INCOME
-21.94%
20.8 M NET INCOME
-25.45%
30.7 M OPERATING CASH FLOW
65.05%
-4.2 M INVESTING CASH FLOW
2.33%
-20.5 M FINANCING CASH FLOW
-41.38%
Balance Sheet Decomposition Tennant Company
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Current Assets 569 M
Cash & Short-Term Investments 117 M
Receivables 248 M
Other Current Assets 204 M
Non-Current Assets 544 M
Long-Term Investments -5.8 M
PP&E 229 M
Other Non-Current Assets 321 M
Current Liabilities 274 M
Accounts Payable 111 M
Short-Term Debt 20.8 M
Other Current Liabilities 142 M
Non-Current Liabilities 261 M
Long-Term Debt 222 M
Other Non-Current Liabilities 39.8 M
EFFICIENCY
Earnings Waterfall Tennant Company
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Revenue 1.24 B
Cost Of Revenue 716 M
Gross Profit 528 M
Operating Expenses 389 M
Operating Income 139 M
Other Expenses 29.1 M
Net Income 110 M
RATIOS
42.44% GROSS MARGIN
42.44%
11.15% OPERATING MARGIN
11.15%
8.81% NET MARGIN
8.81%
18.98% ROE
18.98%
9.83% ROA
9.83%
15.78% ROIC
15.78%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Tennant Company
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Net Income 110 M
Depreciation & Amortization 51.1 M
Capital Expenditures -24 M
Stock-Based Compensation 11.6 M
Change in Working Capital 38.4 M
Others 40 M
Free Cash Flow 164 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Tennant Company
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Wall Street analysts predict an average 1-year price target for TNC of $140 , with forecasts ranging from a low of $140 to a high of $140 .
TNC Lowest Price Target Wall Street Target
140 USD 62.36%
TNC Average Price Target Wall Street Target
140 USD 62.36%
TNC Highest Price Target Wall Street Target
140 USD 62.36%
4. DIVIDEND ANALYSIS
0.29% DIVIDEND YIELD
0.295 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Tennant Company
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Sold
0-3 MONTHS
145 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
6.57 M USD 8
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Aug 28, 2024
Sell 145 K USD
Balinski Barb
SVP, INNOVATION & TECHNOLOGY
- 1500
96.6053 USD
8 months ago
Mar 08, 2024
Sell 61.2 K USD
ERICKSON KRISTIN A.
SVP, GENERAL COUNSEL
- 556
110 USD
8 months ago
Mar 07, 2024
Sell 141 K USD
ERICKSON KRISTIN A.
SVP, GENERAL COUNSEL
- 1270
110.655 USD
8 months ago
Mar 04, 2024
Sell 197 K USD
Arvani Azita
Director
- 1765
111.715 USD
8 months ago
Mar 04, 2024
Sell 1.46 M USD
Huml David W.
PRESIDENT AND CEO
- 13214
110.4014 USD
8 months ago
Mar 04, 2024
Sell 635 K USD
Huml David W.
PRESIDENT AND CEO
- 5695
111.5315 USD
8 months ago
Mar 04, 2024
Sell 124 K USD
Huml David W.
PRESIDENT AND CEO
- 1100
112.3945 USD
8 months ago
Feb 28, 2024
Sell 268 K USD
EICHER CAROL S
Director
- 2298
116.45 USD
8 months ago
Feb 27, 2024
Sell 821 K USD
Windley David
Director
- 7250
113.235 USD
8 months ago
Feb 27, 2024
Sell 1.62 M USD
Zay Richard H.
CHIEF COMMERCIAL OFFICER
- 14743
110.1915 USD
8 months ago
Feb 27, 2024
Sell 259 K USD
Mulligan Donal L
Director
- 2358
110 USD
8 months ago
Feb 27, 2024
Sell 981 K USD
Sonnenberg Steven Alan
Director
- 8910
110.0875 USD
1 year ago
Nov 07, 2023
Sell 77.9 K USD
ERICKSON KRISTIN A.
SVP, GENERAL COUNSEL
- 950
82 USD
1 year ago
Oct 03, 2023
Sell 131 K USD
Mulligan Donal L
Director
- 1765
73.94 USD
1 year ago
Aug 30, 2023
Sell 147 K USD
Sonnenberg Steven Alan
Director
- 1765
83.24 USD
1 year ago
Aug 14, 2023
Sell 386 K USD
Huml David W.
PRESIDENT AND CEO
- 4599
83.8288 USD
1 year ago
Aug 10, 2023
Sell 477 K USD
Zay Richard H.
CHIEF COMMERCIAL OFFICER
- 5559
85.79 USD
1 year ago
May 25, 2023
Sell 337 K USD
McKnight Carol E.
FORMER, SVP, CHIEF ADMIN OFFR
- 4445
75.744 USD
1 year ago
May 26, 2023
Sell 1.21 M USD
McKnight Carol E.
FORMER, SVP, CHIEF ADMIN OFFR
- 15999
75.4097 USD
1 year ago
May 24, 2023
Sell 413 K USD
McKnight Carol E.
SVP, CHIEF ADMIN OFFICER
- 5430
76.1391 USD
1 year ago
May 23, 2023
Sell 297 K USD
McKnight Carol E.
SVP, CHIEF ADMIN OFFICER
- 3832
77.5729 USD
1 year ago
May 24, 2023
Sell 115 K USD
McKnight Carol E.
SVP, CHIEF ADMIN OFFICER
- 1500
76.8287 USD
1 year ago
May 03, 2023
Sell 296 K USD
Zay Richard H.
CHIEF COMMERCIAL OFFICER
- 3719
79.46 USD
1 year ago
Apr 03, 2023
Sell 159 K USD
Mulligan Donal L
Director
- 2320
68.38 USD
1 year ago
Mar 07, 2023
Sell 164 K USD
Arvani Azita
Director
- 2320
70.688 USD
2 years ago
Nov 11, 2022
Sell 108 K USD
Sonnenberg Steven Alan
Director
- 2320
46.59 USD
2 years ago
Aug 19, 2022
Sell 21 K USD
EICHER CAROL S
director:
- 300
70.12 USD
2 years ago
Aug 16, 2022
Sell 145 K USD
Zay Richard H.
director: CHIEF COMMERCIAL OFFICER
- 2059
70.6279 USD
2 years ago
Aug 16, 2022
Sell 31.5 K USD
Zay Richard H.
CHIEF COMMERCIAL OFFICER
- 441
71.5168 USD
2 years ago
Mar 01, 2022
Bought 28.5 K USD
Anand Kapila K
Director
+ 1000
28.479 USD
3 years ago
Nov 09, 2021
Sell 118 K USD
Arvani Azita
Director
- 1411
83.595 USD
3 years ago
Nov 01, 2021
Sell 202 K USD
Mulligan Donal L
Director
- 2531
80 USD
3 years ago
Aug 20, 2021
Sell 265 K USD
Zay Richard H.
Chief Commercial Officer
- 3680
71.9524 USD
3 years ago
Aug 18, 2021
Sell 36.1 K USD
Zay Richard H.
Chief Commercial Officer
- 500
72.126 USD
3 years ago
Aug 18, 2021
Sell 80.6 K USD
Zay Richard H.
Chief Commercial Officer
- 1100
73.3145 USD
3 years ago
May 28, 2021
Sell 107 K USD
EICHER CAROL S
Director
- 1281
83.24 USD
3 years ago
May 10, 2021
Sell 90.6 K USD
Huml David W.
President and CEO
- 1063
85.2346 USD
3 years ago
May 10, 2021
Sell 341 K USD
Huml David W.
President and CEO
- 3932
86.6158 USD
3 years ago
May 10, 2021
Sell 228 K USD
Zay Richard H.
Chief Commercial Officer
- 2698
84.5393 USD
3 years ago
May 10, 2021
Sell 93.1 K USD
Zay Richard H.
Chief Commercial Officer
- 1084
85.8407 USD
3 years ago
Apr 20, 2021
Sell 199 K USD
KILLINGSTAD CHRIS
Director
- 2512
79.15 USD
3 years ago
Apr 07, 2021
Sell 407 K USD
KILLINGSTAD CHRIS
Director
- 5023
80.93 USD
3 years ago
Mar 08, 2021
Sell 305 K USD
KILLINGSTAD CHRIS
Director
- 3809
80 USD
3 years ago
Feb 01, 2021
Sell 448 K USD
KILLINGSTAD CHRIS
President and CEO
- 6593
67.93 USD
3 years ago
Feb 02, 2021
Sell 231 K USD
KILLINGSTAD CHRIS
President and CEO
- 3297
70 USD
3 years ago
Jan 22, 2021
Sell 286 K USD
KILLINGSTAD CHRIS
President and CEO
- 3809
75 USD
3 years ago
Jan 04, 2021
Sell 692 K USD
KILLINGSTAD CHRIS
President and CEO
- 9889
70 USD
3 years ago
Dec 09, 2020
Sell 229 K USD
KILLINGSTAD CHRIS
President and CEO
- 3270
70 USD
3 years ago
Dec 07, 2020
Sell 34.1 K USD
Huml David W.
Chief Operating Officer
- 492
69.29 USD
3 years ago
Dec 03, 2020
Sell 118 K USD
WICHMANN DAVID S
Director
- 1750
67.6322 USD
3 years ago
Dec 01, 2020
Sell 447 K USD
KILLINGSTAD CHRIS
President and CEO
- 6592
67.78 USD
3 years ago
Nov 24, 2020
Sell 1.07 M USD
KILLINGSTAD CHRIS
President and CEO
- 15302
70 USD
4 years ago
Nov 16, 2020
Sell 211 K USD
KILLINGSTAD CHRIS
President and CEO
- 3297
64.14 USD
4 years ago
Nov 13, 2020
Sell 71.6 K USD
EICHER CAROL S
Director
- 1131
63.3 USD
4 years ago
Nov 09, 2020
Sell 214 K USD
KILLINGSTAD CHRIS
President and CEO
- 3296
65 USD
4 years ago
Nov 09, 2020
Sell 224 K USD
KILLINGSTAD CHRIS
President and CEO
- 3296
68 USD
4 years ago
Nov 09, 2020
Sell 943 K USD
Zay Richard H.
SVP, Technology and Innovation
- 14731
64 USD
4 years ago
Feb 03, 2020
Sell 846 K USD
KILLINGSTAD CHRIS
President and CEO
- 10989
76.959 USD
4 years ago
Feb 03, 2020
Sell 144 K USD
KILLINGSTAD CHRIS
President and CEO
- 1850
77.7016 USD
4 years ago
Jan 02, 2020
Sell 870 K USD
KILLINGSTAD CHRIS
President and CEO
- 11205
77.6503 USD
4 years ago
Jan 02, 2020
Sell 128 K USD
KILLINGSTAD CHRIS
President and CEO
- 1638
77.8865 USD
4 years ago
Dec 05, 2019
Sell 140 K USD
Mulligan Donal L
Director
- 1750
80 USD
4 years ago
Dec 04, 2019
Sell 40 K USD
Huml David W.
SVP, Global Marketing
- 506
79.0598 USD
4 years ago
Dec 02, 2019
Sell 954 K USD
KILLINGSTAD CHRIS
President and CEO
- 12833
74.3756 USD
4 years ago
Dec 02, 2019
Sell 746 USD
KILLINGSTAD CHRIS
President and CEO
- 10
74.56 USD
5 years ago
Nov 14, 2019
Sell 29.7 K USD
Huml David W.
SVP, Global Marketing
- 424
70.1 USD
5 years ago
Nov 11, 2019
Sell 566 K USD
Zay Richard H.
SVP, The Americas
- 7301
77.4555 USD
5 years ago
Nov 05, 2019
Sell 336 K USD
Sonnenberg Steven Alan
Director
- 4281
78.4916 USD
5 years ago
Nov 01, 2019
Sell 642 K USD
KILLINGSTAD CHRIS
President and CEO
- 8369
76.7407 USD
5 years ago
Nov 01, 2019
Sell 345 K USD
KILLINGSTAD CHRIS
President and CEO
- 4474
77.2143 USD
5 years ago
Oct 11, 2019
Sell 266 K USD
KILLINGSTAD CHRIS
President and CEO
- 3800
70 USD
5 years ago
Oct 01, 2019
Sell 433 K USD
KILLINGSTAD CHRIS
President and CEO
- 6343
68.2226 USD
5 years ago
Oct 01, 2019
Sell 145 K USD
KILLINGSTAD CHRIS
President and CEO
- 2050
70.5278 USD
5 years ago
Oct 01, 2019
Sell 46.3 K USD
KILLINGSTAD CHRIS
President and CEO
- 650
71.1867 USD
5 years ago
Sep 09, 2019
Sell 282 K USD
KILLINGSTAD CHRIS
President and CEO
- 4143
68 USD
5 years ago
Sep 10, 2019
Sell 455 K USD
KILLINGSTAD CHRIS
President and CEO
- 6500
70 USD
5 years ago
Sep 05, 2019
Sell 150 K USD
KILLINGSTAD CHRIS
President and CEO
- 2200
68 USD
5 years ago
Aug 16, 2019
Sell 115 K USD
WICHMANN DAVID S
Director
- 1660
69.0679 USD
5 years ago
Aug 01, 2019
Sell 453 K USD
KILLINGSTAD CHRIS
President and CEO
- 6197
73.0301 USD
5 years ago
Aug 01, 2019
Sell 474 K USD
KILLINGSTAD CHRIS
President and CEO
- 6446
73.5998 USD
5 years ago
Aug 01, 2019
Sell 14.9 K USD
KILLINGSTAD CHRIS
President and CEO
- 200
74.435 USD
5 years ago
Jul 31, 2019
Sell 209 K USD
Mulligan Donal L
Director
- 2985
70 USD
5 years ago
Jul 31, 2019
Sell 140 K USD
Zay Richard H.
SVP, The Americas
- 2000
69.99 USD
5 years ago
Jul 31, 2019
Sell 150 K USD
Zay Richard H.
SVP, The Americas
- 2000
74.99 USD
5 years ago
Jul 16, 2019
Sell 320 K USD
KILLINGSTAD CHRIS
President and CEO
- 4858
65.8312 USD
5 years ago
Jul 16, 2019
Sell 515 K USD
KILLINGSTAD CHRIS
President and CEO
- 7735
66.5544 USD
5 years ago
Jul 16, 2019
Sell 16.8 K USD
KILLINGSTAD CHRIS
President and CEO
- 250
67.112 USD
5 years ago
Jun 18, 2019
Sell 667 K USD
KILLINGSTAD CHRIS
President and CEO
- 10842
61.5287 USD
5 years ago
Jun 18, 2019
Sell 125 K USD
KILLINGSTAD CHRIS
President and CEO
- 2001
62.2368 USD
5 years ago
May 28, 2019
Sell 78.7 K USD
EICHER CAROL S
Director
- 1335
58.9709 USD
5 years ago
May 10, 2019
Sell 147 K USD
Sonnenberg Steven Alan
Director
- 2256
65.3101 USD
6 years ago
Sep 06, 2018
Sell 1.01 M USD
Huml David W.
SVP, Global Marketing
- 13416
75.1482 USD
6 years ago
Aug 09, 2018
Sell 1.15 M USD
PAULSON THOMAS
SVP, CFO
- 14700
78.293 USD
6 years ago
Aug 09, 2018
Sell 23.7 K USD
PAULSON THOMAS
SVP, CFO
- 300
78.8667 USD
6 years ago
Aug 08, 2018
Sell 521 K USD
Huml David W.
SVP, Global Marketing
- 6550
79.5657 USD
6 years ago
May 01, 2018
Sell 30.3 K USD
Huml David W.
Sr. VP, Global Marketing
- 415
72.9943 USD
6 years ago
Apr 23, 2018
Sell 48.5 K USD
Zay Richard H.
SVP - The Americas
- 664
73 USD
6 years ago
Apr 23, 2018
Sell 678 K USD
PAULSON THOMAS
Sr. Vice President and CFO
- 9296
72.95 USD
6 years ago
Apr 23, 2018
Sell 95.9 K USD
PAULSON THOMAS
Sr. Vice President and CFO
- 1279
74.95 USD
6 years ago
Apr 17, 2018
Sell 3.14 M USD
KILLINGSTAD CHRIS
President and CEO
- 44271
71 USD
6 years ago
Apr 16, 2018
Sell 304 K USD
KILLINGSTAD CHRIS
President and CEO
- 4427
68.5804 USD
6 years ago
Apr 11, 2018
Sell 908 K USD
KILLINGSTAD CHRIS
President and CEO
- 13281
68.3552 USD
6 years ago
Apr 09, 2018
Sell 1.81 M USD
KILLINGSTAD CHRIS
President and CEO
- 26564
68.2538 USD
6 years ago
Apr 10, 2018
Sell 1.22 M USD
KILLINGSTAD CHRIS
President and CEO
- 17708
68.9912 USD
6 years ago
Apr 06, 2018
Sell 642 K USD
PAULSON THOMAS
Sr. Vice President and CFO
- 9296
69.0792 USD
6 years ago
Jan 11, 2018
Sell 488 K USD
PAULSON THOMAS
Sr. Vice President and CFO
- 6694
72.9008 USD
7 years ago
Jun 05, 2017
Sell 479 K USD
PAULSON THOMAS
SVP, CFO
- 6474
73.95 USD
7 years ago
Jun 02, 2017
Sell 93.4 K USD
Zay Richard H.
SVP, The Americas
- 1280
73 USD
7 years ago
May 01, 2017
Sell 142 K USD
EICHER CAROL S
Director
- 1928
73.7579 USD
7. News
Pan African expands into Australia with Tennant Creek gold acquisition Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) is expanding its operations into Australia with the all-share acquisition of the outstanding 92% of shares in Tennant Consolidated (TCMG), the developer of a gold project in Northern Territory. South Africa-based Pan African acquired an 8% stake in TCMG in March for US$3.4 million in cash and taking full ownership will cost $54.2 million. proactiveinvestors.co.uk - 1 week ago
Tennant Company (TNC) Q3 2024 Earnings Call Transcript Tennant Company (NYSE:TNC ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Lorenzo Bassi - Vice President, Finance & Investor Relations Dave Huml - President & Chief Executive Officer Fay West - Senior Vice President & Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti Tom Hayes - CL King Aaron Reed - Northcoast Research Operator Good morning. My name is Regina, and I will be your conference operator today. seekingalpha.com - 2 weeks ago
Why Tennant Stock Plunged Today Tennant's future remains bright, even if the market was less than pleased with the company's third-quarter results. fool.com - 2 weeks ago
Tennant (TNC) Tops Q3 Earnings Estimates Tennant (TNC) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.34 per share a year ago. zacks.com - 2 weeks ago
Tennant Company to Report Third Quarter 2024 Results MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its third quarter 2024 financial results after the market closes on October 31, 2024, with a conference call to follow at 10:00 a.m. Eastern Time/9:00 a.m. Central Time on Friday, November 1, 2024. 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 websit. businesswire.com - 3 weeks ago
Tennant Company Announces New Approach to Corporate Giving and 2024 Habitat for Humanity Carter Work Project Sponsorship MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a global leader in designing, manufacturing, and marketing solutions that help create a cleaner, safer, and healthier world, today announced a refreshed approach to its corporate giving strategy. With a strong commitment to driving positive change in the communities it serves, Tennant's updated giving efforts align with its Thriving People. Healthy Planet. sustainability framework and will focus on three key areas: workforce development. businesswire.com - 1 month ago
Tennant Company Launches the T291 Small Walk-Behind Scrubber for Exceptional Cleaning and Ease of Use in Small Spaces MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in cleaning equipment and solutions, today announced the launch of its new T291 small walk-behind scrubber into the North America market. Designed for use in both hard-to-reach spaces and open areas, the T291 is a walk-behind scrubber built to simplify and improve facility management by combining cleaning power and maneuverability. The T291's versatility and small size make it an excellent fit for mid-size retail, healthc. businesswire.com - 1 month ago
1 Magnificent Dividend King Down 25% to Buy Right Now Near a Once-in-a-Decade Valuation Tennant is a global leader in the mechanized cleaning equipment niche. Its ambitions to bring autonomous mobile robots to the masses could extend this leadership position. fool.com - 1 month ago
Tennant Company Launches Cleaning All-Star Sweepstakes to Celebrate Custodial Heroes of Everyday Spaces MINNEAPOLIS--(BUSINESS WIRE)--As a global leader in the floor cleaning industry, Tennant Company (NYSE: TNC) has worked with thousands of cleaning professionals and has seen their hard work and community impact first-hand. And that is why Tennant set out with a single goal — to celebrate and recognize the dedication of cleaning staff through the launch of the Cleaning All-Star Sweepstakes. The new sweepstakes will recognize cleaning professionals from all types of facilities who make a differen. businesswire.com - 2 months ago
Tennant Company Should Clean Up Nicely Tennant Company is upgraded from 'hold' to a soft 'buy' due to improved financial performance and favorable market conditions. The firm has a significant market share in its niche cleaning equipment industry, with strong positions in the Americas, EMEA, and Asia Pacific. Recent financial results show increased revenue, adjusted net profits, and EBITDA, despite some cost increases and a dip in operating cash flow. seekingalpha.com - 2 months ago
6 Dividend Growth Stocks That Can Provide a Lifetime of Passive Income These companies all sport dividend-hiking streaks of more than 50 years, demonstrating their long-term commitments to returning profits to shareholders. Their low payout ratios and strong competitive advantages provide them with foundations for continued dividend growth. fool.com - 2 months ago
Commercial Scrubbers and Sweepers Market Forecast Report 2024-2029 - Nilfisk, Tennant, Alfred Karcher and HAKO Dominate Dublin, Aug. 21, 2024 (GLOBE NEWSWIRE) -- The "Commercial Scrubbers and Sweepers Market - Global Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering. The global commercial scrubbers and sweepers market is expected to grow at a CAGR of 8.15% from 2023 to 2029. MARKET TRENDS & DRIVERS globenewswire.com - 2 months ago
8. Profile Summary

Tennant Company TNC

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COUNTRY US
INDUSTRY Industrial - Machinery
MARKET CAP $ 1.63 B
Dividend Yield 0.29%
Description 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 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. 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.
Contact 10400 Clean Street, Eden Prairie, MN, 55344-2650 https://www.tennantco.com
IPO Date Feb. 22, 1973
Employees 4500
Officers Mr. Lorenzo Bassi Vice President of Finance & Investor Relations Ms. Kristin A. Erickson Senior Vice President, General Counsel & Corporate Secretary Ms. Barbara A. Balinski Senior Vice President & Chief Transformation Officer Mr. David W. Huml President, Chief Executive Officer & Director Mr. Brock R. Christianson Senior Vice President & Chief Human Resources Officer Mr. Jason Peterson Global Communications Director Mr. Richard H. Zay Senior Vice President & Chief Commercial Officer