Tennant Company
TNCIndustrialsNASDAQSpecialty Industrial Machinery · Last scanned May 29, 2026
Scan Results
Daily timeframe1 of 4 indicators bullish as of May 28
Part of the industrials sector, Tennant Company (TNC) is listed under Specialty Industrial Machinery. At a $1.49B market cap, Tennant Company ranks as a small-cap company within industrials. 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.
Market Cap
$1.49B
Beta
1.12
P/E (TTM)
52.08
P/E (Fwd)
13.40
EPS (TTM)
$1.68
EPS (Fwd)
$6.53
ROE
5.3%
ROA
3.0%
Cash
$82.6M
Total Debt
$392.5M
Free CF
$52.5M
52W Change
17.6%
Annual Financials
Cash vs Debt
The company holds $82.6M in cash, though total debt stands at $392.5M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $52.5M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 5.3% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.0% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $1.09B to $1.20B.
At over 50x earnings, TNC carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. No single metric tells the full story. Reviewing TNC's risk profile alongside its fundamentals and technical indicators provides a more complete picture.