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.
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Type
Public
HQ
Minneapolis, US
Founded
1870
Size (employees)
3,236 (est)
Tennant was founded in 1870 and is headquartered in Minneapolis, US
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Tennant Office Locations

Tennant has offices in San Pedro Garza García, Uden, Norrmalm, Mississauga and in 14 other locations
Minneapolis, US (HQ)
701 Lilac Dr N
Chicago, US
1120 W Exchange Ave
Holland, US
12875 Ransom St
Eastern Creek, AU
4 Southridge St
Antwerpen, BE
3 Roderveldlaan
Campos Elíseos, BR
715 R. Barão de Campinas
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Tennant Financials and Metrics

Tennant Financials

Tennant's revenue was reported to be $1 b in FY, 2017
USD

Revenue (Q1, 2018)

272.8 m

Gross profit (Q1, 2018)

110.6 m

Gross profit margin (Q1, 2018), %

40.5%

Market capitalization (23-May-2018)

1.4 b

Closing share price (23-May-2018)

78.7

Cash (31-Mar-2018)

54 m

EV

1.7 b
Tennant's current market capitalization is $1.4 b.
Annual
usdFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

752 m822 m811.8 m808.6 m1 b

Revenue growth, %

9%(1%)0%

Cost of goods sold

426.1 m469.6 m462.7 m457 m598.6 m

Gross profit

325.9 m352.4 m349.1 m351.6 m404.4 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

188.5 m184 m219.1 m202.6 m185.7 m215.4 m204.8 m179.9 m216.8 m200.1 m191.1 m270.8 m261.9 m272.8 m

Cost of goods sold

106.7 m107.1 m123.8 m115.5 m107.7 m120.4 m116.1 m102.4 m121.5 m114.8 m111.3 m166.2 m157.3 m162.2 m

Gross profit

81.9 m76.9 m95.3 m87.2 m78.1 m95 m88.7 m77.5 m95.3 m85.3 m79.7 m104.6 m104.6 m110.6 m

Gross profit Margin, %

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

Cash

18.1 m39.5 m52.3 m53.9 m81 m93 m51.3 m58 m58.4 m

Accounts Receivable

452.2 k

Inventories

80.5 m77.3 m78.6 m127.7 m

Current Assets

347.1 m293.6 m297.9 m423.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

65.3 m63.4 m62.6 m79.8 m76.8 m67.6 m56.8 m26.9 m27.9 m42.3 m45 m53.3 m55.9 m54 m

Inventories

67.4 m73.8 m79 m84 m85.6 m86.5 m83.3 m84.1 m82.5 m87.3 m88.1 m141.6 m141.5 m140.3 m

Current Assets

295.7 m307.1 m320.7 m329.2 m319.2 m328.6 m309.4 m259.4 m277.7 m281.6 m287.8 m426.6 m423.7 m434.7 m

PP&E

84.5 m83.9 m84.5 m85.2 m84.8 m89.2 m87.8 m101.2 m105.1 m113.4 m112.9 m178 m177.9 m
Annual
usdFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

40.2 m50.7 m32.1 m46.6 m

Depreciation and Amortization

20.1 m16.6 m17.9 m26.2 m

Inventories

(21 m)(10 m)23 k(2.9 m)

Accounts Payable

10.2 m(10.5 m)(3.9 m)10.8 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018

Net Income

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

Depreciation and Amortization

13.5 m

Inventories

86.5 m83.3 m84.1 m82.5 m87.3 m88.1 m141.5 m(10.8 m)

Accounts Payable

59.7 m54.4 m46.6 m49.8 m45 m49.5 m88.6 m5.7 m
USDY, 2018

EV/CFO

313.1 x

Financial Leverage

3.3 x
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Tennant News and Updates

Walk-behind Scrubber Dryer 2018 Global Market Key Players – Tennant, Nilfisk, Karcher, Hako – Analysis and Forecast to 2022

WiseGuyRerports.com Presents “Global Walk-behind Scrubber Dryer Market Report 2018” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Can VR help us avoid food poisoning? Yes… yes it can

According to the WTO, 600m people each year suffer illnesses after eating contaminated food. It is an issue which has massive consequences, not only for public health but also for national economies. And unfortunately, incidents of food-borne illnesses are increasing. One way of tackling this is by …

Global Stand-on/Ride-on Scrubber Dryer Market 2018: Tennant, Nilfisk, Karcher, Hako, IPC Group, Taski

WiseGuyRerports.com Presents “Global Stand-on/Ride-on Scrubber Dryer Market Report 2018” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

BrainOS Powers Tennant Autonomous Floor Cleaners

San Diego-based Brain Corp., which in July 2017 raised $114 million in a Series C round led by the SoftBank Vision Fund, has partnered with Tennant Company, a developer of commercial cleaning solutions. The companies will collaborate on autonomous floor cleaners that operate in commercial and indust…

Residential Commercial and Industrial Floor Scrubber Market to peak demand at a CAGR of 6.29% due to trending of smart connected features equipment

Global Residential Commercial and Industrial Floor Scrubber Market 2017-2021 is latest research study released by HTF MI evaluating the market status, highlighting opportunities, risk analysis, and leveraged with strategic decision-making support. Posted via Industry Today. Follow us on Twitter @In…
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