Touchstone
Last syncOct 31, 2026, 6:54 PM ET

TNC

Tennant Co Industrials Refrigeration & Service Industry Machinery Russell 3000
$66.44Close $1.2BMarket cap $60.42 – $90.7452-week range Nov 2, 2026Next report · after the close

Highlights

Cautions

  • Not in an uptrend 1 of 8 trend conditions
  • Lagging the market RS 17 · weaker than 83% of stocks over 12 months
  • Far from its high 27% below its 52-week high
  • Earnings shrinking EPS −59% year on year
  • Results soon Nov 2, 2026, in 1 day

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 6, 2026
Off 12-month high 27%
1wk up 0.3% price change
1mo down 1.2% price change
12-month return down 16% market up 11% · its own down 28%
F-score 5 / 9 Mixed
Altman Z 3.18 Low risk
P/E 27.1× price / earnings
PEG — P/E / EPS growth
P/B 2.0× price / book
Earnings yield up 5.0% EBIT / enterprise value
Cheaper than 64% of the market · cheap
Revenue growth down 6% year on year
EPS growth down 59% latest quarter · +39 pts
Sales growth up 2% latest quarter · -1 pts
ROE up 7% return on equity
Free cash margin up 4% $43.3M FCF
D/E 0.45 long-term debt / equity
Net debt / EBITDA 2.4×
Interest cover —EBIT / interest
Piotroski tests
  • profitability slipped from last year
  • took on more long-term debt
  • gross margin narrowed
  • assets working less efficiently
  • profitable on its assets
  • generating cash from operations
  • profits backed by cash
  • short-term liquidity improved
  • no new shares issued

Trade setup

ATR% 2.8% $1.84 a day · 2×ATR $62.76
RS 17 / 99 vs the universe
Trend 1 / 8 trend template
Relative volume 1.2× vs 50-day average
Up/down volume 1.16 50 sessions
Implied move — no option chain · report Nov 2, 2026
Trend template · 1 of 8
  • 150-day average above the 200-day: passes

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Gross margin narrowing Gross margin fell from 42.7% to 40.2%. The company is keeping less of each dollar of sales than it did a year ago.
  • Revenue shrinking Revenue fell 6.5% over the year, from $1.3B to $1.2B.
Last reported Aug 6, 2026
Last shock Aug 6, 2026-12% in one session2.8× volumeon results-13% since

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $1.2B -6% on FY2024
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $1.0B FY2021 · $1.1B FY2022 · $1.1B FY2023 · $1.2B FY2024 · $1.3B FY2025 · $1.2B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $43.8M -48% on FY2024
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $33.7M FY2021 · $64.9M FY2022 · $66.3M FY2023 · $109.5M FY2024 · $83.7M FY2025 · $43.8M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $43.3M -37% on FY2024
-$100M $0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $103.9M FY2021 · $50.0M FY2022 · -$50.1M FY2023 · $165.6M FY2024 · $68.8M FY2025 · $43.3M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 40%
  • Net 4%
  • Free cash 4%
0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 41% · Net 3% · Free cash 10% FY2021 · Gross 40% · Net 6% · Free cash 5% FY2022 · Gross 39% · Net 6% · Free cash -5% FY2023 · Gross 42% · Net 9% · Free cash 13% FY2024 · Gross 43% · Net 7% · Free cash 5% FY2025 · Gross 40% · Net 4% · Free cash 4%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $167.2M net debt
  • Cash
  • Long-term debt
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $141.0M · Long-term debt $311.6M FY2021 · Cash $123.6M · Long-term debt $267.6M FY2022 · Cash $77.4M · Long-term debt $300.3M FY2023 · Cash $117.1M · Long-term debt $200.6M FY2024 · Cash $99.8M · Long-term debt $199.5M FY2025 · Cash $106.4M · Long-term debt $273.6M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 17.85m -3.6% since FY2020
18.85m 17.85m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 18.50m FY2021 · 18.54m FY2022 · 18.52m FY2023 · 18.63m FY2024 · 18.85m FY2025 · 17.85m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $1.0B $1.1B $1.1B $1.2B $1.3B $1.2B
Gross margin 41% 40% 39% 42% 43% 40%
Operating income $63.7M $93.7M $87.2M $138.6M $114.3M $68.3M
Net income $33.7M $64.9M $66.3M $109.5M $83.7M $43.8M
Net margin 3% 6% 6% 9% 7% 4%
Earnings per share $1.81 $3.44 $3.55 $5.83 $4.38 $2.36
Free cash flow $103.9M $50.0M -$50.1M $165.6M $68.8M $43.3M
Free cash margin 10% 5% -5% 13% 5% 4%
Cash $141.0M $123.6M $77.4M $117.1M $99.8M $106.4M
Long-term debt $311.6M $267.6M $300.3M $200.6M $199.5M $273.6M
Shareholders' equity $404.8M $433.8M $470.8M $577.0M $620.8M $601.6M
Shares outstanding 18.50m 18.54m 18.52m 18.63m 18.85m 17.85m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 6, 2026 Quarterly ↗ Jun 30, 2026 37d
May 5, 2026 Quarterly ↗ Mar 31, 2026 35d
Feb 24, 2026 Annual ↗ Dec 31, 2025 55d
Nov 4, 2025 Quarterly ↗ Sep 30, 2025 35d
Aug 7, 2025 Quarterly ↗ Jun 30, 2025 38d
May 1, 2025 Quarterly ↗ Mar 31, 2025 31d
Feb 18, 2025 Annual ↗ Dec 31, 2024 49d
Nov 1, 2024 Quarterly ↗ Sep 30, 2024 32d
Aug 8, 2024 Quarterly ↗ Jun 30, 2024 39d
May 3, 2024 Quarterly ↗ Mar 31, 2024 33d
Feb 22, 2024 Annual ↗ Dec 31, 2023 53d
Oct 31, 2023 Quarterly ↗ Sep 30, 2023 31d

Current reports

FiledDisclosed
Aug 6, 2026 Results ↗
Jul 30, 2026 Director or officer change ↗
Jun 17, 2026 Director or officer change ↗
May 4, 2026 Results ↗
May 1, 2026 Shareholder vote ↗
Feb 27, 2026 Director or officer change ↗
Feb 24, 2026 Results ↗
Feb 13, 2026 Material agreement · Director or officer change · Regulation FD ↗
Feb 3, 2026 Regulation FD ↗
Nov 3, 2025 Results ↗
Aug 6, 2025 Results ↗
May 2, 2025 Shareholder vote ↗