The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

TNC

Concerning the House

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 manual and autonomous mechanized cleaning equipment for industrial and commercial use, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, and equipment maintenance and repair services. It also provides business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions. In addition, the company offers robotic cleaning equipment; IRIS, an asset management solution; ec-H2O NanoClean, a detergent-free cleaning solution; and ReadySpace, a rapid-drying carpet cleaning technology. It offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei, and Rongen brands, as well as private-label brands. The company serves retail establishments, distribution centers, factories and warehouses, public venues such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, and others. 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.

United States · www.tennantco.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$1.20B+15.2%
Gross profit$484.30M+14.6%
Operating income$68.30M+0.7%
Net income$109.50M+22.8%
Cash from ops$188.40M+7.3%
Quotation

$67.64

-1.61 (-2.3%)

52w hi$91.15
52w lo$60.69
Vol249.36K
As ofAug 13
The Verdict

Hold

Our score -0.39

Short-0.34
Medium-0.39
Long-0.51

computed 2026-08-13

By the Numbers

Tennant Company

Industrials · Specialty Industrial Machinery

Market cap$1.15B
Enterprise value$1.50B
Trailing P/E65.04x
Forward P/E12.04x
EV / EBITDA14.14x
P / S (ttm)0.95x
Profit margin1.5%
Return on equity3.1%
Revenue growth+1.7%
Earnings growth-59.3%
Debt / equity73.11
Risk Metrics
Beta vs SPX0.87
Corr SPX0.41
Annual vol34.3%
Annual ret-9.5%
Sharpe-0.28
Max DD-37.6%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.01
Sector+0.07
Technical-0.16
Earnings+0.00
Sentiment-0.10

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$69.70$70.89$67.64$67.64249.36K
Aug 12$67.35$69.54$66.33$69.25332.30K
Aug 11$69.86$70.94$66.29$66.32294.30K
Aug 10$72.83$72.83$69.18$69.27323.70K
Aug 7$78.42$79.36$72.05$73.89649.10K