Tennant Company is a recognized leader in designing, manufacturing and marketing solutions that help create a cleaner, safer, healthier world. With a vision to become a global leader in chemical-free cleaning and other technologies, Tennant creates innovative solutions that are changing the way the world cleans. Tennant products include equipment used to maintain indoor and outdoor surfaces, as well as TennantTrue® financing solutions, equipment, parts, service, and maintenance to help ensure superior cleaning performance from your Tennant machines. Products are marketed under the Tennant®, Nobles®, Green Machines®, Orbio® and Alfa brands. Founded in 1870 by George H. Tennant, Tennant Company began as a one-man woodworking business, evolved into a successful wood flooring and wood products company, and eventually into a manufacturer of floor cleaning equipment. Throughout its history, Tennant has remained focused on advancing its industry by aggressively pursuing new technologies and creating a culture that celebrates innovation. Today, Tennant is a global leader in designing, manufacturing and marketing solutions that help create a cleaner, safer, healthier world. Tennant employees work to create a cleaner, safer, healthier world. It feels good to work for a company that cares about what it's doing, cares about the sustainability of its products and works every day to develop new solutions that clean really well, but don't mess up our environment. Employees of Tennant Company work with a spirit of Stewardship. We are accountable to our customers, co-workers, investors and the global community. Very simply, Stewardship is a filter for our actions and decision-making, in our stride to leave things in better condition than when we found them. Join the company that's creating a cleaner, safer, healthier world. One steward at a time.
Company Growth (employees)
Type
Public
HQ
Minneapolis, US
Founded
1870
Size (employees)
3,236 (est)
Tennant was founded in 1870 and is headquartered in Minneapolis, US

Tennant Office Locations

Tennant has offices in Minneapolis, Holland, Chicago, Eastern Creek and in 14 other locations
Minneapolis, US (HQ)
701 Lilac Dr N
Naka-ku, JP
9F Industry & Trade Center 2 Yamashita-cho
San Pedro Garza García, MX
Ave. Ricardo Margáin 575
Uden, NL
6 Industrielaan
Alcobendas, ES
11 Calle de los Aragoneses
Northamptonshire, GB
Gladstone Rd
Show all (18)

Tennant Data and Metrics

Tennant Financial Metrics

Tennant's revenue was reported to be $191.1 m in Q1, 2017
USD

Revenue (Q1, 2017)

191.1 m

Gross profit (Q1, 2017)

79.7 m

Gross profit margin (Q1, 2017), %

42%

Market capitalization (22-Aug-2017)

1.1 b

Cash (31-Mar-2017)

45 m
Tennant's current market capitalization is $1.1 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

752 m822 m811.8 m808.6 m

Revenue growth, %

9%(1%)(0%)

Cost of goods sold

426.1 m469.6 m462.7 m457 m

Gross profit

325.9 m352.4 m349.1 m351.6 m

Gross profit Margin, %

43%43%43%43%

EBIT

62.4 m72.1 m53.2 m

EBIT margin, %

8%9%7%

Interest income

390 k302 k172 k330 k

Net Income

40.2 m50.7 m32.1 m46.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

219.1 m202.6 m185.7 m215.4 m204.8 m179.9 m216.8 m200.1 m191.1 m

Cost of goods sold

123.8 m115.5 m107.7 m120.4 m116.1 m102.4 m121.5 m114.8 m111.3 m

Gross profit

95.3 m87.2 m78.1 m95 m88.7 m77.5 m95.3 m85.3 m79.7 m

Gross profit Margin, %

43%43%42%44%43%43%44%43%42%

Interest income

95 k84 k50 k53 k42 k41 k40 k107 k84 k

Net Income

15.5 m11.8 m5 m14.8 m4.4 m15.3 m11.5 m
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

18.1 m39.5 m52.3 m53.9 m81 m93 m51.3 m58 m

Accounts Receivable

452.2 k

Inventories

80.5 m77.3 m78.6 m

Current Assets

347.1 m293.6 m297.9 m

PP&E

86.5 m95 m112.1 m

Goodwill

18.4 m16.8 m21.1 m

Total Assets

486.9 m432.3 m470 m

Accounts Payable

61.6 m50.4 m47.4 m

Total Debt

36.2 m

Current Liabilities

145.6 m133.2 m132.8 m

Non-Current Liabilities

60.7 m46.9 m58.7 m

Total Liabilities

206.3 m180.1 m191.5 m

Additional Paid-in Capital

26.2 m3.7 m

Retained Earnings

286.1 m293.7 m318.2 m

Total Equity

280.7 m252.2 m278.5 m

Debt to Equity Ratio

0.1 x

Debt to Assets Ratio

0.1 x

Financial Leverage

1.7 x1.7 x1.7 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

62.6 m79.8 m76.8 m67.6 m56.8 m26.9 m27.9 m42.3 m45 m

Inventories

79 m84 m85.6 m86.5 m83.3 m84.1 m82.5 m87.3 m88.1 m

Current Assets

320.7 m329.2 m319.2 m328.6 m309.4 m259.4 m277.7 m281.6 m287.8 m

PP&E

84.5 m85.2 m84.8 m89.2 m87.8 m101.2 m105.1 m113.4 m112.9 m

Goodwill

19.3 m18.7 m17.6 m17.7 m16.8 m17.2 m17.5 m24.7 m21.5 m

Total Assets

466 m471.3 m454.2 m469.7 m435.3 m412.7 m432.9 m453.1 m467.1 m

Accounts Payable

60.1 m57.9 m56.8 m59.7 m54.4 m46.6 m49.8 m45 m49.5 m

Current Liabilities

135.3 m139.5 m123.9 m136.8 m139.5 m115.8 m128.2 m122.9 m120.2 m

Non-Current Liabilities

61.4 m58.4 m57.8 m54.8 m50.5 m45.2 m43.9 m58 m70.4 m

Additional Paid-in Capital

21.5 m24.3 m24.7 m17.2 m3 m7 m

Retained Earnings

264.1 m272.2 m287.4 m298.6 m288.4 m289.9 m298.6 m306.5 m310.5 m

Total Equity

269.4 m273.4 m272.5 m278.1 m245.4 m251.7 m260.8 m272.2 m276.6 m

Financial Leverage

1.7 x1.7 x1.7 x1.7 x1.8 x1.6 x1.7 x1.7 x1.7 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

40.2 m50.7 m32.1 m46.6 m

Depreciation and Amortization

20.1 m16.6 m17.9 m

Inventories

(21 m)(10 m)23 k

Accounts Payable

10.2 m(10.5 m)(3.9 m)

Cash From Operating Activities

27 m59.4 m45.2 m57.9 m

Purchases of PP&E

(19.6 m)(24.8 m)(26.5 m)

Cash From Investing Activities

(17.9 m)(23.6 m)(40.4 m)

Long-term Borrowings

(2 m)(3.4 m)(3.5 m)

Dividends Paid

(14.5 m)(14.5 m)(14.3 m)

Cash From Financing Activities

(28 m)(61.4 m)(9.6 m)

Interest Paid

1.5 m1.2 m1.1 m

Income Taxes Paid

3.5 m(4.3 m)5.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

15.5 m11.8 m5 m14.8 m4.4 m15.3 m11.5 m

Inventories

86.5 m83.3 m84.1 m82.5 m87.3 m88.1 m

Accounts Payable

59.7 m54.4 m46.6 m49.8 m45 m49.5 m
USDY, 2017

Revenue/Employee

59 k

Financial Leverage

1.7 x

Tennant Market Value History

Tennant Median Salaries

Source: 21 public H-1B filings from Tennant

Traffic Overview of Tennant

Tennant Online and Social Media Presence

Tennant News and Updates

David Tennant couldn't care less about the Doctor Who gender debate

The internet has a lot of feelings about the next Doctor, who just so happens to be a woman. Gasp!  But, David Tennant has weighed in on all the chatter and, well, he thinks Jodie Whittaker is the perfect choice.  "I'm delighted. She's been on Broadchurch for three seasons so I know her very…

David Tennant and Billie Piper re-unite for 3 new 'Doctor Who' tales

Okay, so it might not be quite what you're thinking — yes, David Tennant and Billie Piper are teaming up again for three new Doctor Who adventures. The only catch? They're not television episodes, they're audio books. SEE ALSO: Here's the Doctor Who/Mr. Men mashup you never knew you needed On Mo…

David Tennant RD Laing biopic to close Glasgow film festival

Mad to Be Normal, about pioneering Scottish psychiatrist, also stars Michael Gambon and Elisabeth MossDavid Tennant will bring the curtain down on this year’s Glasgow film festival (GFF) with the world premiere of his latest movie about a pioneering Scottish psychiatrist.Starring Michael Gambon, Eli…

Watch David Tennant Sing the DuckTales Theme Song

Kilgrave is part of a murderers' row of comedic talents voicing Disney's reboot of the cartoon. The post Watch David Tennant Sing the DuckTales Theme Song appeared first on WIRED.
Show more

Tennant Company Life and Culture

You may also be interested in