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.
Minneapolis, US
Size (employees)
3,236 (est)+3%
Tennant was founded in 1870 and is headquartered in Minneapolis, US

Tennant Office Locations

Tennant has an office in Minneapolis
Minneapolis, US (HQ)
701 Lilac Dr N

Tennant Metrics

Tennant Financial Metrics

Revenue (2016)

$808.6 m

Revenue growth (2015-16), %


Gross profit

$351.6 m

Gross profit margin (2016), %


Net income (2016)

$46.6 m

Market capitalization (21-Mar-2017)

$1.3 b

Closing share price (21-Mar-2017)


Cash (31-Dec-2016)

$58 m
Tennant's current market capitalization is $1.3 b.
Tennant's revenue was reported to be $808.6 m in FY, 2016 which is a 0.4% decrease from the previous period.
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


$752 m$822 m$811.8 m$808.6 m

Revenue growth, %


Cost of goods sold

$426.1 m$469.6 m$462.7 m$457 m

Gross profit

$325.9 m$352.4 m$349.1 m$351.6 m

Gross profit Margin, %


Operating expense total

$263.5 m$280.3 m$295.9 m$283.1 m


$62.4 m$72.1 m$53.2 m

EBIT margin, %


Interest expense

$1.6 m$2.2 m$2.5 m$1.8 m$1.7 m$1.3 m$1.3 m

Interest income

$390 k$302 k$172 k$330 k

Income tax expense

($76 k)$16 m$18.3 m$19.6 m$18.9 m$18.3 m$19.9 m

Net Income

$40.2 m$50.7 m$32.1 m$46.6 m
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016


$18.1 m$39.5 m$52.3 m$53.9 m$81 m$93 m$51.3 m$58 m

Accounts Receivable


$80.5 m$77.3 m$78.6 m

Current Assets

$347.1 m$293.6 m$297.9 m


$86.5 m$95 m$112.1 m


$18.4 m$16.8 m$21.1 m

Total Assets

$486.9 m$432.3 m$470 m

Accounts Payable

$61.6 m$50.4 m$47.4 m

Total Debt

$36.2 m

Current Liabilities

$145.6 m$133.2 m$132.8 m

Non-Current Liabilities

$60.7 m$46.9 m$58.7 m

Total Liabilities

$206.3 m$180.1 m$191.5 m

Additional Paid-in Capital

$26.2 m$3.7 m

Retained Earnings

$286.1 m$293.7 m$318.2 m

Total Equity

$280.7 m$252.2 m$278.5 m

Debt to Equity Ratio

0.1 x

Debt to Assets Ratio

0.1 x

Financial Leverage

1.7 x1.7 x1.7 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$40.2 m$50.7 m$32.1 m$46.6 m

Depreciation and Amortization

$20.1 m$16.6 m$17.9 m

Accounts Receivable


($21 m)($10 m)$23 k

Accounts Payable

$10.2 m($10.5 m)($3.9 m)

Cash From Operating Activities

$27 m$59.4 m$45.2 m$57.9 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)

Interest Paid

$1.5 m$1.2 m$1.1 m

Income Taxes Paid

$3.5 m($4.3 m)$5.4 m

Tennant Market Value History

Tennant Median Salaries

Source: 21 public H-1B filings from Tennant

Tennant Online Presence

Tennant News

Tennant Company Life

You may also be interested in