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 Financials and Metrics

Tennant Financials

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 (17-Oct-2017)

1.2 b

Cash (31-Mar-2017)

45 m
Tennant's current market capitalization is $1.2 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
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%
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
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
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)
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
Show all financial metrics

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

Who's she! Jodie Whittaker is the first female Doctor and it makes total sense

The BBC has made it official: Jodie Whittaker will be the 13th actor to play the lead role in 'Doctor Who' full-time. She'll take over the TARDIS from Peter Capaldi this December, when everyone's favorite Time Lord from Gallifrey finally undergoes his much-delayed regeneration.  Whittaker, the fir…

If you ever loved 'Doctor Who,' now is the time to watch

There are a dozen very good reasons why you might have stopped watching Doctor Who. Maybe you're a holdout from the classic series, which ran from 1963 to 1989. Maybe you loved Christopher Eccleston in the role and couldn't stand David Tennant; maybe you're a die-hard Ten fan who loathed Matt Smit…

Tennant Company Life and Culture

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