TENNANT CO TNC 64.99
Industrials · NYSE · Data as of 2026-08-06
TENNANT CO (TNC) has delivered +3.6% annualized revenue growth, n/a earnings growth, and +5.1% dividend growth over 10 years of data. Ranked #404 of 1968 stocks overall and #96 of 442 in the Industrials sector by Steady Score.
About TENNANT CO
Company Overview
Tennant Company designs, manufactures, and markets equipment and solutions for maintaining clean, safe, and productive indoor and outdoor environments. Its portfolio includes mechanized floor sweepers and scrubbers, autonomous cleaning machines, coatings, detergents, parts, and related technologies. Tennant serves customers in industrial facilities, warehouses, retail stores, transportation sites, schools, healthcare locations, and other commercial settings through direct sales and distributors worldwide.
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Business Model & Revenue
Tennant generates revenue from equipment sales and a recurring stream of parts, consumables, maintenance, and service over each machine's operating life. Its direct service organization supports installed equipment, while dealers extend geographic and customer coverage. Product development focuses on cleaning performance, labor productivity, safety, sustainability, and automation. Profitability is influenced by unit demand, product mix, pricing, component and freight costs, manufacturing efficiency, and service utilization.
Key Facts & Market Position
The company has a long operating history and a recognized position in professional floor-cleaning equipment. Autonomous machines and connected technologies address customers' labor and productivity needs, while aftermarket support deepens relationships. Tennant competes globally with equipment manufacturers and local suppliers, and remains exposed to capital-spending cycles, supply-chain availability, currency movements, dealer performance, and adoption rates for new products.