Tennant

OverviewSuggest Edit

Tennant is a global manufacturer of floor cleaning equipment. The company offers mechanized cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings, and business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions. Its products are used in various types of environments including retail establishments, distribution centers, factories and warehouses, public venues such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, etc. Tennant markets its offerings under the Tennant, Nobles, Alfa Uma Empresa Tennant, IRIS, VLX, IPC brands and private-label brands.

TypePublic
Founded1870
HQEden Prairie, MN, USMap
Websitetennantco.com
Employee Ratings2.9More
Overall CultureBMore
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Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)4,400(+3%)
Revenue (FY, 2019)$1.1 B(+2%)
Share Price (Jan 2021)$72.9
Cybersecurity ratingBMore

Key People/Management at Tennant

Chris Killingstad

Chris Killingstad

President and Chief Executive Officer
Andy Cebulla

Andy Cebulla

Vice President, Finance and Corporate Controller
Dave Huml

Dave Huml

SVP and Chief Operating Officer
Carol McKnight

Carol McKnight

SVP and Chief Administrative Officer
Dan Glusick

Dan Glusick

SVP, Global Operations
Rusty Zay

Rusty Zay

SVP of Technology and Innovation
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Tennant Office Locations

Tennant has offices in Eden Prairie, Holland, Eastern Creek, Antwerpen and in 13 other locations
Eden Prairie, MN, US (HQ)
10400 Clean St
Holland, MI, US
12875 Ransom St
Eastern Creek, AU
11/4 Southridge St
Antwerpen, BE
Roderveldlaan 3
Laval, CA
2265 Rue Michelin
Mississauga, CA
1329 Cardiff Blvd
Show all (17)

Tennant Financials and Metrics

Tennant Revenue

Tennant's revenue was reported to be $1.14 b in FY, 2019
USD

Revenue (Q3, 2020)

261.9m

Gross profit (Q3, 2020)

104.8m

Gross profit margin (Q3, 2020), %

40%

Net income (Q3, 2020)

11.7m

EBIT (Q3, 2020)

18.4m

Market capitalization (15-Jan-2021)

1.3b

Closing stock price (15-Jan-2021)

72.9

Cash (30-Sept-2020)

124.7m

EV

1.6b
Tennant's current market capitalization is $1.3 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

752.0m822.0m811.8m808.6m1.0b1.1b1.1b

Revenue growth, %

9%(1%)0%24%

Cost of goods sold

426.1m469.6m462.7m457.0m598.6m678.5m675.9m

Gross profit

325.9m352.4m349.1m351.6m404.4m445.0m461.7m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q4, 2012Q1, 2013Q2, 2013Q3, 2013Q4, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

201.3m187.0m173.7m199.5m178.3m739.0m168.1m200.2m188.5m752.0m184.0m219.1m202.6m185.7m215.4m204.8m179.9m216.8m200.1m191.1m270.8m261.9m272.8m292.2m273.3m262.5m299.7m280.7m252.1m261.9m

Cost of goods sold

117.8m106.7m98.4m110.5m100.7m413.7m95.6m112.5m106.7m426.1m107.1m123.8m115.5m107.7m120.4m116.1m102.4m121.5m114.8m111.3m166.2m157.3m162.2m173.4m165.2m154.3m178.9m166.7m123.4m157.1m

Gross profit

83.5m80.3m75.3m89.0m77.6m325.3m72.5m87.7m81.9m325.9m76.9m95.3m87.2m78.1m95.0m88.7m77.5m95.3m85.3m79.7m104.6m104.6m110.6m118.8m108.1m108.2m120.8m114.0m104.8m

Gross profit Margin, %

41%43%43%45%44%44%43%44%43%43%42%43%43%42%44%43%43%44%43%42%39%40%41%41%40%41%40%41%40%
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Annual
USDY, 2009Y, 2010Y, 2011FY, 2011Y, 2012Y, 2013Y, 2014FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

18.1m39.5m52.3m52.3m53.9m81.0m93.0m93.0m51.3m58.0m58.4m85.6m74.6m

Accounts Receivable

128.9m147.2m145.3m203.3m207.9m216.5m

Prepaid Expenses

10.3m9.6m9.2m19.4m22.1m

Inventories

65.9m80.5m80.5m77.3m78.6m127.7m135.1m150.1m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q4, 2012Q1, 2013Q2, 2013Q3, 2013Q4, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

41.5m44.3m39.5m38.4m62.7m53.9m49.8m48.6m65.3m81.0m63.4m62.6m79.8m76.8m67.6m56.8m26.9m27.9m42.3m45.0m53.3m55.9m54.0m53.9m53.5m46.9m55.4m71.7m192.1m99.3m124.7m

Accounts Receivable

140.2m128.8m124.0m135.1m124.1m131.5m130.4m146.8m215.3m208.1m204.2m222.1m204.9m203.8m180.3m201.3m

Prepaid Expenses

11.2m8.9m11.7m11.6m11.7m11.3m13.2m10.9m27.4m28.4m33.6m32.5m34.2m30.8m27.5m31.8m

Inventories

74.4m77.4m68.1m68.4m61.0m58.1m64.1m62.7m67.4m73.8m79.0m84.0m85.6m86.5m83.3m84.1m82.5m87.3m88.1m141.6m141.5m140.3m139.4m139.8m158.2m159.5m160.9m155.2m149.9m133.5m
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Annual
USDFY, 2011FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

32.7m40.2m50.7m32.1m46.6m(6.2m)33.5m45.9m

Depreciation and Amortization

18.1m20.1m18.0m18.3m43.3m54.4m22.2m

Inventories

(7.7m)(21.0m)(10.0m)23.0k(2.9m)(16.6m)(21.1m)

Accounts Payable

4.6m10.2m(10.5m)(3.9m)10.8m4.6m(7.5m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q4, 2012Q1, 2013Q2, 2013Q3, 2013Q4, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

11.7m21.4m5.3m19.0m27.7m41.6m5.1m19.3m10.6m40.2m5.8m15.5m11.8m5.0m14.8m4.4m15.3m11.5m(6.6m)16.1m25.8m5.4m20.2m34.8m5.2m19.5m31.2m

Depreciation and Amortization

8.7m12.8m4.5m8.9m13.2m18.1m4.5m8.9m20.2m14.8m13.5m28.0m41.5m13.7m27.4m8.1m15.7m39.4m

Inventories

10.3m17.5m2.9m7.3m3.1m(149.0k)7.1m7.5m(12.0m)86.5m83.3m84.1m82.5m87.3m88.1m(9.9m)141.5m(10.8m)(17.0m)(19.5m)(20.3m)(23.1m)(31.4m)(11.6m)(5.1m)13.1m

Accounts Payable

14.5m11.3m(1.2m)4.0m(2.3m)970.0k5.8m6.1m6.1m59.7m54.4m46.6m49.8m45.0m49.5m6.2m88.6m5.7m9.8m(1.8m)(2.0m)500.0k(2.3m)4.3m(17.8m)(7.8m)
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Show all financial metrics

Tennant Revenue Breakdown

Embed Graph

Tennant revenue breakdown by business segment: 75.5% from Europe, Middle East, Africa and 24.5% from Asia Pacific

Tennant revenue breakdown by geographic segment: 100.0% from Americas

Tennant Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

Learn more about our premium products
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Tennant Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Tennant Online and Social Media Presence

Tennant's Trends

Embed Graph

Tennant Company Culture

  • Overall Culture

    B

    75/100

  • CEO Rating

    F

    40/100

  • Compensation

    A+

    100/100

Learn more on Comparably

Tennant News and Updates

March 06, 2019

Michael Sheen and David Tennant try to save the world in 'Good Omens' trailer

Good Omens is putting a fun spin on the armageddon.  This six-part Amazon Prime Video series sees finicky angel Aziraphale (Michael Sheen) and very rock-and-roll devil Crowley (David Tennant) band together to stop the rise of antichrist and an inevitable battle between heaven and hell.  It is …
February 11, 2019

$764 Million Industrial Vacuum Cleaner Market - Global Outlook & Forecasts 2019-2024: Major Vendors are TTI, Oreck, Hoover Commercial, Nilfisk, Tennant & Alfred Karcher

DUBLIN, Feb. 11, 2019 /PRNewswire/ -- The "Industrial Vacuum Cleaner Market - Global Outlook and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering. The global industrial vacuum cleaner market estimated to generate revenues of more than $764 million by 2024,...
February 11, 2019

Floor Care Machines Market to See Huge Growth in Future | Nilfisk, Alfred Kärcher, Tennant, Hako, EUREKA

Stay up-to-date with Floor Care Machines market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. Posted via Industry Today. Follow us on Twitter @IndustryToday
January 24, 2019

Global Commercial Scrubbers and Sweepers Market 2019-2024: Availability of Robotic Cleaning Equipment with Nilfisk, Tennant, Alfred Karcher, Hako, & The Factory Cat Dominating

DUBLIN, Jan. 24, 2019 /PRNewswire/ -- The "Commercial Scrubbers and Sweepers Market - Global Outlook and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering. The global commercial scrubbers and sweepers market are expected to reach revenues of around $5 billion...
January 24, 2019

British actor David Tennant launches podcast

"Doctor Who" star David Tennant has launched his own podcast, titled "David Tennant Does a Podcast With...". The announcement was made on Twitter by his wife, actor Georgia Tennant. "Here's a thing! Join the 'David Tennant does a Podcast with...' community," she wrote on the microblogging site and s…
October 10, 2018

'People didn't like that idea': David Tennant fought for his Doctor Who to wear Converse sneakers on the show

David Tennant told a crowd Tuesday night in New York City at PaleyFest he fought to have his version of Doctor Who wear battered Converse sneakers on the BBC America series. Tennant said people didn't like the idea of the iconic character, who was introduced in the '60s, wearing some old shoes. Th…
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 Tennant Frequently Asked Questions

  • When was Tennant founded?

    Tennant was founded in 1870.

  • Who are Tennant key executives?

    Tennant's key executives are Chris Killingstad, Andy Cebulla and Dave Huml.

  • How many employees does Tennant have?

    Tennant has 4,400 employees.

  • What is Tennant revenue?

    Latest Tennant annual revenue is $1.1 b.

  • What is Tennant revenue per employee?

    Latest Tennant revenue per employee is $258.5 k.

  • Who are Tennant competitors?

    Competitors of Tennant include Wheelabrator, Alfred Kaercher and Bombril.

  • Where is Tennant headquarters?

    Tennant headquarters is located at 10400 Clean St, Eden Prairie.

  • Where are Tennant offices?

    Tennant has offices in Eden Prairie, Holland, Eastern Creek, Antwerpen and in 13 other locations.

  • How many offices does Tennant have?

    Tennant has 17 offices.