Tennant (Cleaning industry) Overview

  • Year Founded
  • 1870

Year Founded

  • Status
  • Public

  • Employees
  • 4,632

Employees

  • Stock Symbol
  • TNC

Stock Symbol

  • Investments
  • 14

  • Share Price
  • $69.87
  • (As of Wednesday Closing)

Tennant (Cleaning industry) General Information

Description

Tennant Co is a manufacturer of floor cleaning equipment, wood flooring, and wood products. It operates in four geographic business units including North America; Latin America; Europe, Middle East, Africa; and Asia Pacific. The company offers products and solutions consisting of mechanized cleaning equipment, detergent-free, and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings, and business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Corporate Office
  • 10400 Clean Street
  • Eden Prairie
  • Minneapolis, MN 55344
  • United States
+1 (763)
Primary Industry
Machinery (B2B)
Other Industries
Other Commercial Products
Stock Exchange
NYS
Vertical(s)
Corporate Office
  • 10400 Clean Street
  • Eden Prairie
  • Minneapolis, MN 55344
  • United States
+1 (763)

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Tennant (Cleaning industry) Stock Performance

As of 16-Apr-2025, Tennant (Cleaning industry)’s stock price is $69.87. Its current market cap is $1.31B with 18.8M shares.

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$69.87 $71.07 $67.80 - $119.71 $1.31B 18.8M 186K $4.46

Tennant (Cleaning industry) Financials Summary

As of 31-Dec-2024, Tennant (Cleaning industry) has a trailing 12-month revenue of $1.29B.

In Thousands,
USD
TTM 31-Dec-2024 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 1,693,099 1,693,099 1,876,869 1,385,982
Revenue 1,286,700 1,286,700 1,243,600 1,092,200
EBITDA 169,000 169,000 188,400 135,300
Net Income 83,700 83,700 109,500 66,300
Total Assets 1,190,100 1,190,100 1,113,400 1,085,100
Total Debt 254,300 254,300 242,400 332,400
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Tennant (Cleaning industry) Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Tennant (Cleaning industry) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Tennant Co is a manufacturer of floor cleaning equipment, wood flooring, and wood products. It operates in four geograph
Machinery (B2B)
Minneapolis, MN
4,632 As of 2024

Skokie, IL
 

Aberdeen, NC
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Tennant (Cleaning industry) Competitors (5)

One of Tennant (Cleaning industry)’s 5 competitors is Americanvacuum, a Corporation company based in Skokie, IL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Americanvacuum Corporation Skokie, IL
PowerBoss Corporation Aberdeen, NC
Nilfisk Corporation Copenhagen, Denmark
Nobles (Other commercial Services) Corporate Backed or Acquired Edinburgh, Australia
Nobles Worldwide Formerly PE-Backed Saint Croix Falls, WI
You’re viewing 5 of 5 competitors. Get the full list »

Tennant (Cleaning industry) Patents

Tennant (Cleaning industry) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230250938-A1 Surface maintenance machine light projection Active 04-Feb-2022
US-11859795-B2 Surface maintenance machine light projection Active 04-Feb-2022
EP-4472475-A1 Surface maintenance machine light projection Pending 04-Feb-2022
US-20230135665-A1 Torque assisted surface maintenance machine Pending 03-Nov-2021
CA-3236454-A1 Torque assisted surface maintenance machine Pending 03-Nov-2021 A47L11/4061
To view Tennant (Cleaning industry)’s complete patent history, request access »

Tennant (Cleaning industry) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Tennant (Cleaning industry) Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Tennant (Cleaning industry) Investments & Acquisitions (14)

Tennant (Cleaning industry)’s most recent deal was a Merger/Acquisition with M&F Management and Finance for . The deal was made on 29-Feb-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
M&F Management and Finance 29-Feb-2024 Merger/Acquisition Other Financial Services
Brain (Business/Productivity Software) 22-Feb-2024 Later Stage VC Business/Productivity Software
Hefei Gaomei Cleaning Equipment Company 04-Jan-2019 Merger/Acquisition Machinery (B2B)
Rongen 04-Jan-2019 Merger/Acquisition Household Appliances
IP Cleaning 06-Apr-2017 Merger/Acquisition Other Commercial Products
You’re viewing 5 of 14 investments and acquisitions. Get the full list »

Tennant (Cleaning industry) ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

21.81 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,109

Rank

Percentile

Machinery

Industry

of 587

Rank

Percentile

Industrial Machinery

Subindustry

of 434

Rank

Percentile

To view Tennant (Cleaning industry)’s complete esg history, request access »

Tennant (Cleaning industry) Exits (2)

Tennant (Cleaning industry)’s most recent exit was on 31-May-2011 from Water Star. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Water Star 31-May-2011 Completed
Applied Sweepers International 29-Feb-2008 Merger/Acquisition Completed
To view Tennant (Cleaning industry)’s complete exits history, request access »

Tennant (Cleaning industry) Affiliates

Subsidiaries (5)

Name Industry Location Year Founded
M&F Management and Finance Neumarkt am Wallersee, Austria 2012
Tennant Commercial Holland, MI 2009
Hefei Gaomei Cleaning Equipment Company Hefei, China 1997
IP Cleaning Summaga di Portogruaro, Italy 1965
Alfa Tennant Sao Paulo, Brazil 1944

Tennant (Cleaning industry) FAQs

  • When was Tennant (Cleaning industry) founded?

    Tennant (Cleaning industry) was founded in 1870.

  • Where is Tennant (Cleaning industry) headquartered?

    Tennant (Cleaning industry) is headquartered in Minneapolis, MN.

  • What is the size of Tennant (Cleaning industry)?

    Tennant (Cleaning industry) has 4,632 total employees.

  • What industry is Tennant (Cleaning industry) in?

    Tennant (Cleaning industry)’s primary industry is Machinery (B2B).

  • Is Tennant (Cleaning industry) a private or public company?

    Tennant (Cleaning industry) is a Public company.

  • What is Tennant (Cleaning industry)’s stock symbol?

    The ticker symbol for Tennant (Cleaning industry) is TNC.

  • What is the current stock price of Tennant (Cleaning industry)?

    As of 16-Apr-2025 the stock price of Tennant (Cleaning industry) is $69.87.

  • What is the current market cap of Tennant (Cleaning industry)?

    The current market capitalization of Tennant (Cleaning industry) is $1.31B.

  • What is Tennant (Cleaning industry)’s current revenue?

    The trailing twelve month revenue for Tennant (Cleaning industry) is $1.29B.

  • Who are Tennant (Cleaning industry)’s competitors?

    Americanvacuum, PowerBoss, Nilfisk, Nobles (Other commercial Services), and Nobles Worldwide are competitors of Tennant (Cleaning industry).

  • What is Tennant (Cleaning industry)’s annual earnings per share (EPS)?

    Tennant (Cleaning industry)’s EPS for 12 months was $4.46.

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