Tennant Company (FRA:TN1)

Tennant Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,241	1,287	1,244	1,092	1,091	1,001
Revenue Growth (YoY)	-2.24%	3.47%	13.86%	0.13%	8.97%	-12.01%
Cost of Revenue	721.3	736.7	715.1	671.3	652.8	593.2
Gross Profit	519.5	550	528.5	420.9	438	407.8
Selling, General & Admin	387.3	383.7	350.4	306.3	321.9	314
Research & Development	42	43.8	36.6	31.1	32.2	30.1
Operating Expenses	429.3	427.5	387	337.4	354.1	344.1
Operating Income	90.2	122.5	141.5	83.5	83.9	63.7
Interest Expense	-12.5	-13.6	-17	-7.1	-7.3	-17.4
Interest & Investment Income	4	4.5	3.5	-	-	-
Currency Exchange Gain (Loss)	-1	0.1	0.3	-1.2	-0.7	-5.3
Other Non Operating Income (Expenses)	-1.4	-0.5	-1.6	0.6	-0.3	0.1
EBT Excluding Unusual Items	79.3	113	126.7	75.8	75.6	41.1
Merger & Restructuring Charges	-10.1	-8.2	-2.9	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	3.7	9.8	-
Other Unusual Items	-	-	-	-	-11.3	-
Pretax Income	69.2	104.8	123.8	79.5	74.1	41.1
Income Tax Expense	14.4	21.1	14.3	13.2	9.2	7.4
Earnings From Continuing Operations	54.8	83.7	109.5	66.3	64.9	33.7
Net Income	54.8	83.7	109.5	66.3	64.9	33.7
Net Income to Common	54.8	83.7	109.5	66.3	64.9	33.7
Net Income Growth	-49.31%	-23.56%	65.16%	2.16%	92.58%	-26.42%
Shares Outstanding (Basic)	19	19	19	18	18	18
Shares Outstanding (Diluted)	19	19	19	19	19	19
Shares Change (YoY)	-1.40%	1.66%	0.46%	-0.81%	1.15%	0.99%
EPS (Basic)	2.95	4.46	5.92	3.58	3.51	1.84
EPS (Diluted)	2.91	4.38	5.83	3.55	3.44	1.81
EPS Growth	-48.64%	-24.87%	64.22%	3.20%	90.05%	-27.02%
Free Cash Flow	61.3	68.3	164.4	-54.4	46.3	103.9
Free Cash Flow Per Share	3.26	3.58	8.75	-2.91	2.46	5.58
Dividend Per Share	1.180	1.135	1.075	1.015	0.940	0.890
Dividend Growth	5.36%	5.58%	5.91%	7.98%	5.62%	1.14%
Gross Margin	41.87%	42.74%	42.50%	38.54%	40.15%	40.74%
Operating Margin	7.27%	9.52%	11.38%	7.65%	7.69%	6.36%
Profit Margin	4.42%	6.50%	8.80%	6.07%	5.95%	3.37%
Free Cash Flow Margin	4.94%	5.31%	13.22%	-4.98%	4.25%	10.38%
EBITDA	147.7	177.6	192.6	132.2	137	117.1
EBITDA Margin	11.90%	13.80%	15.49%	12.10%	12.56%	11.70%
D&A For EBITDA	57.5	55.1	51.1	48.7	53.1	53.4
EBIT	90.2	122.5	141.5	83.5	83.9	63.7
EBIT Margin	7.27%	9.52%	11.38%	7.65%	7.69%	6.36%
Effective Tax Rate	20.81%	20.13%	11.55%	16.60%	12.42%	18.00%
Advertising Expenses	-	-	-	-	-	5

Source: S&P Global Market Intelligence. Standard template. Financial Sources.