Tennant Co

TNC NYSE Industrials · Refrigeration & Service Industry Machinery Eden Prairie, MN www.tennantco.com/en_us/localeselector.html
$75.28
Mkt Cap 1.28B

Manufacturer of floor cleaning equipment and related solutions for commercial, industrial and outdoor cleaning worldwide.

From the annual report

Development of Business Founded in 1870 by George H. Tennant, Tennant Company ("the Company, we, us, or our"), headquartered in Eden Prairie, Minnesota, is a world leader in designing, manufacturing and marketing of solutions that help create a cleaner, safer and healthier world. Tennant was incorporated as a Minnesota corporation in 1909 and began as a one-man woodworking business, eventually evolving into a successful wood flooring and wood products company, an d finally into a manufacturer of floor cleaning equipment. Throughout its history, the Company has remained focused on advancing its industry by aggressively pursuing new technologies and creating a culture that celebrates innovation. Today, the Company has 11 global manufacturing locations and operates in three geographic areas including the Americas, Europe, Middle East and Africa ("EMEA") and Asia Pacific ("APAC"). We aggregate our operating segments into one reportable segment that consists of the design, manufacture, sale and servicing of products used primarily in the maintenance of nonresidential surfaces. Our commitment to innovation and excellence extends across every aspect of our business from product development and customer service to manufacturing and marketing. We prioritize delivering high-performance solution s that minimize waste, lower costs, enhance safety, and advance sustainability objectives. By dedicating resources to research, development and engineering, we continuously refine existing products and introduce new ones that align with evolving market demands.

—
/100 Overall
Calculating score…
Running full analysis
📊 Key Metrics
Loading full analysis…
REVENUE TTM
$1.24B
FCF TTM
-$19.8M
P/E RATIO
56.0x
Running full 6-factor analysis…