Is TNC a good stock to buy right now?

Based on our 6-factor quantitative model, TENNANT CO (TNC) receives a "Hold" rating with a composite score of 48.0/100. It is ranked #1,528 out of 4,446 stocks. Key factor scores: Quality 50/100, Value 58/100, Momentum 30/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for TNC?

TENNANT CO (TNC) has a "Hold" rating and 3-star score. The composite score of 48.0 ranks it #1,528 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is TNC in?

TENNANT CO operates in the Industrials sector (Machinery industry) with a market cap of $1.24 billion. It is classified as a small-cap stock.

Does TNC pay a dividend?

Yes, TNC pays a dividend with a current yield of 1.46%. For every $1,000 invested, you would receive approximately $14.60 in annual dividend income.

What is TNC's P/E ratio?

TNC has a trailing P/E ratio of 19.06x. The Industrials sector average is 28.3x. This P/E is in a moderate range relative to the broader market.

How profitable is TNC?

TNC's quality factor score is 50/100. Gross margin: 42.1%. ROE: 11.4% vs sector average 8.9%. Margins are moderate to low, reflecting competitive market dynamics.

How is TNC valued compared to peers?

TNC's value factor score is 58/100 (higher = cheaper). Key multiples: P/E 19.1x, EV/EBITDA 15.4x. Valuation is roughly in line with peers.

What is TNC's debt level?

TNC's debt-to-equity ratio is 45%. Sector average: 70%. Low leverage suggests conservative financial management.

TNC has a beta of 0.77, meaning it is less volatile than the market. Stability score: 69/100.

Does TNC have high short interest?

TNC's short interest factor score is 64/100 (higher = less short selling). Moderate short interest.

TNC Stock Analysis: Top Small-Cap Hold (Score 48.0/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
TNC	+0.68%	+10.97%	+22.76%	+5.16%	+8.94%	-	-	-
Industry Proxy XLI	-0.39%	+4.73%	+0.88%	+10.57%	+38.89%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	+0.74%	+7.36%	+22.43%	+5.52%	-20.58%	-	-	-
Alpha vs Sector	+1.06%	+6.24%	+21.88%	-5.42%	-29.95%	-	-	-

Metric	TNC	Benchmark
P/E Ratio	19.1x	-33%
EV/EBITDA	15.4x	+171%
Price / Book	2.2x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
STNG Scorpio Tankers Inc.	64	43	96	73	-	93.3%	63.1%	53.8%	-	30.0x	$3.8B	VS
TNK TEEKAY TANKERS LTD.	62	50	97	71	6.4x	91.9%	67.0%	32.8%	-	0.0x	$2.5B	VS
TEN TSAKOS ENERGY NAVIGATION LTD	61	50	86	75	7.6x	42.1%	97.8%	22.6%	-	103.0x	$1.2B	VS
HAFN Hafnia Ltd	60	42	79	77	-	439.1%	48.5%	27.0%	-	0.0x	$3.8B	VS
TPH Tri Pointe Homes, Inc.	57	50	67	66	13.6x	8.8%	47.5%	7.9%	-26.0%	50.0x	$4.0B	VS
GLDD Great Lakes Dredge & Dock CORP	57	50	69	70	16.3x	13.5%	22.2%	8.1%	14.8%	73.0x	$1.1B	VS
SOBO South Bow Corp	57	39	79	66	22.0x	48.4%	82.3%	14.9%	-	219.0x	$6.8B	VS
IMPP Imperial Petroleum Inc./Marshall Islands	54	44	98	58	2.8x	47.7%	100.0%	34.0%	-19.7%	0.0x	$156M	VS
CCO Clear Channel Outdoor Holdings, Inc.	52	48	58	69	59.3x	-	53.4%	-0.3%	7.7%	-	$1.2B	VS
IMXI International Money Express, Inc.	52	50	73	52	11.6x	25.5%	0.0%	6.4%	-9.7%	221.0x	$476M	VS
TNC TENNANT CO	48	50	58	30	19.1x	11.4%	42.1%	5.6%	-8.4%	45.0x	$1.2B

Key Ratio	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	0.4%	0.4%	0.4%	0.4%	0.4%	0.4%	0.4%	0.4%	0.4%	0.4%	0.4%
Operating Margin %	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.0%	0.1%
EBITDA Margin %	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%
Net Margin %	0.1%	0.0%	0.1%	0.1%	0.1%	0.1%	0.0%	0.0%	0.0%	-0.0%	0.1%
FCF Margin %	0.2%	-	-	-	-	-	10.4%	2.9%	5.4%	3.4%	3.9%
ROE %	0.1%	0.1%	0.1%	0.2%	0.1%	0.1%	0.1%	0.1%	0.1%	-0.0%	0.2%
ROA %	0.1%	0.0%	0.1%	0.1%	0.1%	0.1%	0.0%	0.0%	0.0%	-0.0%	0.1%
ROIC %	0.1%	6.2%	11.0%	14.1%	8.9%	10.5%	6.8%	9.1%	6.8%	4.2%	21.1%

Key Ratio

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

0.4%

Operating Margin %

0.1%

0.0%

0.1%

EBITDA Margin %

0.1%

Net Margin %

0.1%

0.0%

0.1%

0.0%

-0.0%

0.1%

FCF Margin %

0.2%

10.4%

2.9%

5.4%

3.4%

3.9%

ROE %

0.1%

0.2%

0.1%

-0.0%

0.2%

ROA %

0.1%

0.0%

0.1%

0.0%

-0.0%

0.1%

ROIC %

0.1%

6.2%

11.0%

14.1%

8.9%

10.5%

6.8%

9.1%

6.8%

4.2%

21.1%

Line Item	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
	$1.2B	$1.2B	$1.3B	$1.2B	$1.1B	$1.1B	$1.0B	$1.1B	$1.1B	$1.0B	$809M	$812M
	—	$719M	$737M	$716M	$671M	$653M	—	—	—	—	—	—
	$517M	$484M	$550M	$528M	$421M	$438M	$408M	$462M	$445M	$400M	$352M	$349M
Gross Margin	42.1%	40.2%	42.8%	42.4%	38.5%	40.2%	40.7%	40.6%	39.6%	39.9%	43.5%	43.0%
	—	$375M	$392M	$353M	$306M	$322M	—	—	—	—	—	—
Research & Development	—	$41M	$44M	$37M	$31M	$32M	$30M	$33M	$31M	$32M	$35M	$32M
Depreciation	—	—	—	—	—	—	$53M	$54M	$57M	$45M	$18M	$18M
Total Operating Expenses	—	$416M	$436M	$389M	$334M	$344M	—	—	—	—	—	—
	$103M	$68M	$114M	$139M	$87M	$94M	$64M	$72M	$58M	$33M	$68M	$53M
EBIT	$103M	$68M	$114M	$139M	$87M	$94M	$64M	$72M	$58M	$33M	$68M	$53M
EBITDA	$103M	$68M	$114M	$139M	$87M	$94M	$112M	$126M	$113M	$67M	$86M	$70M
Operating Margin	8.3%	5.7%	8.9%	11.2%	8.0%	8.6%	6.4%	6.3%	5.2%	3.3%	8.4%	6.6%
EBITDA Margin	8.4%	5.7%	8.9%	11.1%	8.0%	8.6%	11.2%	11.1%	10.0%	6.7%	10.6%	8.6%
	—	—	—	—	—	$7M	$21M	$21M	$23M	$25M	$1M	$1M
	—	$58M	$105M	$124M	$80M	$74M	—	—	—	—	—	—
Income Tax Expense	—	$14M	$21M	$14M	$13M	$9M	$7M	$8M	$2M	$5M	$20M	$18M
	$69M	$44M	$84M	$110M	$66M	$65M	$34M	$46M	$34M	-$6M	$47M	$32M
Net Margin	5.6%	3.6%	6.5%	8.8%	6.1%	5.9%	3.4%	4.0%	3.0%	-0.6%	5.8%	4.0%
	$2.38	$2.38	$4.46	$5.92	$3.58	$3.51	$1.84	$2.53	$1.86	$-0.35	$2.66	$1.78
Diluted EPS	$2.38	$2.36	$4.38	$5.83	$3.55	$3.44	$1.84	$2.53	$1.86	$-0.35	$2.66	$1.78
Weighted Avg Basic	—	18M	19M	19M	18M	18M	—	—	—	—	—	—
Weighted Avg Diluted	—	19M	19M	19M	19M	19M	—	—	—	—	—	—

Line Item

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

$1.2B

$1.3B

$1.2B

$1.1B

$1.0B

$1.1B

$1.0B

$809M

$812M

—

$719M

$737M

$716M

$671M

$653M

—

$517M

$484M

$550M

$528M

$421M

$438M

$408M

$462M

$445M

$400M

$352M

$349M

Gross Margin

42.1%

40.2%

42.8%

42.4%

38.5%

40.2%

40.7%

40.6%

39.6%

39.9%

43.5%

43.0%

—

$375M

$392M

$353M

$306M

$322M

—

Research & Development

—

$41M

$44M

$37M

$31M

$32M

$30M

$33M

$31M

$32M

$35M

$32M

Depreciation

—

$53M

$54M

$57M

$45M

$18M

Total Operating Expenses

—

$416M

$436M

$389M

$334M

$344M

—

$103M

$68M

$114M

$139M

$87M

$94M

$64M

$72M

$58M

$33M

$68M

$53M

EBIT

$103M

$68M

$114M

$139M

$87M

$94M

$64M

$72M

$58M

$33M

$68M

$53M

EBITDA

$103M

$68M

$114M

$139M

$87M

$94M

$112M

$126M

$113M

$67M

$86M

$70M

Operating Margin

8.3%

5.7%

8.9%

11.2%

8.0%

8.6%

6.4%

6.3%

5.2%

3.3%

8.4%

6.6%

EBITDA Margin

8.4%

5.7%

8.9%

11.1%

8.0%

8.6%

11.2%

11.1%

10.0%

6.7%

10.6%

8.6%

—

$7M

$21M

$23M

$25M

$1M

—

$58M

$105M

$124M

$80M

$74M

—

Income Tax Expense

—

$14M

$21M

$14M

$13M

$9M

$7M

$8M

$2M

$5M

$20M

$18M

$69M

$44M

$84M

$110M

$66M

$65M

$34M

$46M

$34M

-$6M

$47M

$32M

Net Margin

5.6%

3.6%

6.5%

8.8%

6.1%

5.9%

3.4%

4.0%

3.0%

-0.6%

5.8%

4.0%

$2.38

$4.46

$5.92

$3.58

$3.51

$1.84

$2.53

$1.86

$-0.35

$2.66

$1.78

Diluted EPS

$2.38

$2.36

$4.38

$5.83

$3.55

$3.44

$1.84

$2.53

$1.86

$-0.35

$2.66

$1.78

Weighted Avg Basic

—

18M

19M

18M

—

Weighted Avg Diluted

—

19M

—

TENNANT CO (TNC) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does TENNANT CO Do?

Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, specialty surface coatings, and asset management solutions. It also provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. The company offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IRIS, VLX, IPC, Gaomei, and Rongen brands, as well as private-label brands. Its products are used in retail establishments and distribution centers; factories and warehouses; and public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, parking lots and streets, and other environments. It markets its products to contract cleaners and businesses through direct sales and service organizations, as well as through a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Eden Prairie, Minnesota. TENNANT CO (TNC) is classified as a small-cap stock in the Industrials sector, specifically within the Machinery industry. The company is led by CEO David W. Huml and employs approximately 4,300 people, headquartered in Golden Valley, Minnesota. With a market capitalization of $1.2B, TNC is one of the notable companies in the Industrials sector.

TENNANT CO (TNC) Stock Rating — Hold (April 2026)

As of April 2026, TENNANT CO receives a Hold rating with a composite score of 48.0/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.TNC ranks #1,528 out of 4,446 stocks in our coverage universe. Within the Industrials sector, TENNANT CO ranks #239 of 752 stocks, placing it in the upper half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

TNC Stock Price and 52-Week Range

TENNANT CO (TNC) currently trades at $77.50. The stock gained $0.52 (0.7%) in the most recent trading session. The 52-week high for TNC is $85.91, which means the stock is currently trading -9.8% from its annual peak. The 52-week low is $60.40, putting the stock 28.3% above its annual trough. Recent trading volume was 164K shares, suggesting relatively thin trading activity.

Is TNC Overvalued or Undervalued? — Valuation Analysis

TENNANT CO (TNC) carries a value factor score of 58/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 19.06x, compared to the Industrials sector average of 28.33x — a discount of 33%. The price-to-book ratio stands at 2.18x, versus the sector average of 2.23x. The price-to-sales ratio is 1.07x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, TNC trades at 15.41x EV/EBITDA, versus 5.70x for the sector.

Overall, TNC's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

TENNANT CO Profitability — ROE, Margins, and Quality Score

TENNANT CO (TNC) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 11.4%, compared to the Industrials sector average of 8.9%, which is within a healthy range. Return on assets (ROA) comes in at 5.4% versus the sector average of 3.3%.

On a margin basis, TENNANT CO reports gross margins of 42.1%, compared to 35.8% for the sector. The operating margin is 8.3% (sector: 6.2%). Net profit margin stands at 5.6%, versus 3.9% for the average Industrials stock. Revenue growth is running at -8.4% on a trailing basis, compared to 6.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

TNC Debt, Balance Sheet, and Financial Health

TENNANT CO has a debt-to-equity ratio of 45.0%, compared to the Industrials sector average of 70.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 2.05x, indicating strong short-term liquidity. Total debt on the balance sheet is $274M.

TNC has a beta of 0.77, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for TENNANT CO is 69/100, reflecting average volatility within the normal range for its sector.

TENNANT CO Revenue and Earnings History — Quarterly Trend

In TTM 2026, TENNANT CO reported revenue of $1.23B and earnings per share (EPS) of $2.38. Net income for the quarter was $69M. Gross margin was 42.1%. Operating income came in at $103M.

In FY 2025, TENNANT CO reported revenue of $1.20B and earnings per share (EPS) of $2.38. Net income for the quarter was $44M. Gross margin was 40.2%. Revenue grew -6.5% year-over-year compared to FY 2024. Operating income came in at $68M.

In Q3 2025, TENNANT CO reported revenue of $303M and earnings per share (EPS) of $0.81. Net income for the quarter was $15M. Gross margin was 42.7%. Revenue grew -4.0% year-over-year compared to Q3 2024. Operating income came in at $22M.

In Q2 2025, TENNANT CO reported revenue of $319M and earnings per share (EPS) of $1.10. Net income for the quarter was $20M. Gross margin was 42.1%. Revenue grew -3.7% year-over-year compared to Q2 2024. Operating income came in at $31M.

Over the past 8 quarters, TENNANT CO has demonstrated a growth trajectory, with revenue expanding from $331M to $1.23B. Investors analyzing TNC stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

TNC Dividend Yield and Income Analysis

TENNANT CO (TNC) currently pays a dividend yield of 1.5%. At this yield, a $10,000 investment in TNC stock would generate approximately $$146.00 in annual dividend income. The net margin of 5.6% provides reasonable coverage for the dividend, though investors should monitor payout sustainability.

TNC Momentum and Technical Analysis Profile

TENNANT CO (TNC) has a momentum factor score of 30/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 36/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 64/100 reflects moderate short selling activity.

TNC vs Competitors — Industrials Sector Ranking and Peer Comparison

Within the Industrials sector, TENNANT CO (TNC) ranks #239 out of 752 stocks based on the Blank Capital composite score. This places TNC in the upper half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.

Comparing TNC against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full TNC vs S&P 500 (SPY) comparison to assess how TENNANT CO stacks up against the broader market across all factor dimensions.

TNC Next Earnings Date

No upcoming earnings date has been announced for TENNANT CO (TNC) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy TNC? — Investment Thesis Summary

TENNANT CO presents a balanced picture with arguments on both sides. Momentum is weak at 30/100, a headwind for near-term performance. Low volatility (stability score 69/100) reduces downside risk.

In summary, TENNANT CO (TNC) earns a Hold rating with a composite score of 48.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on TNC stock.

Related Resources for TNC Investors

Explore more research and tools: TNC vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare TNC head-to-head with peers: TNC vs SOBO, TNC vs TEN, TNC vs GLDD.

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TENNANT CO (TNC) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does TENNANT CO Do?

TENNANT CO (TNC) Stock Rating — Hold (April 2026)

TNC Stock Price and 52-Week Range

Is TNC Overvalued or Undervalued? — Valuation Analysis

TENNANT CO Profitability — ROE, Margins, and Quality Score

TNC Debt, Balance Sheet, and Financial Health

TENNANT CO Revenue and Earnings History — Quarterly Trend

TNC Dividend Yield and Income Analysis

TNC Momentum and Technical Analysis Profile

TNC vs Competitors — Industrials Sector Ranking and Peer Comparison

TNC Next Earnings Date

Should You Buy TNC? — Investment Thesis Summary

Related Resources for TNC Investors

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TNC Stock Drop: Tennant Company Investors with Losses Notified of Rights in Pending Securities Fraud Investigation After Stock Plummeted 23%

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