Tennant Company Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,204	1,287	1,244	1,092	1,091
Revenue Growth (YoY)	-6.47%	3.47%	13.86%	0.13%	8.97%
Cost of Revenue	719.2	736.7	715.8	671.3	652.8
Gross Profit	484.3	550	527.8	420.9	438
Selling, General & Admin	368.4	383.7	352.6	306.3	321.9
Research & Development	41.2	43.8	36.6	31.1	32.2
Operating Expenses	409.6	427.5	389.2	337.4	354.1
Operating Income	74.7	122.5	138.6	83.5	83.9
Interest Expense	-12.6	-13.6	-13.5	-7.1	-7.3
Interest & Investment Income	3.6	4.5	-	-	-
Currency Exchange Gain (Loss)	-1.7	0.1	0.3	-1.2	-0.7
Other Non Operating Income (Expenses)	0.3	-0.5	-1.6	0.6	-0.3
EBT Excluding Unusual Items	64.3	113	123.8	75.8	75.6
Merger & Restructuring Charges	-6.4	-8.2	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	3.7	9.8
Other Unusual Items	-	-	-	-	-11.3
Pretax Income	57.9	104.8	123.8	79.5	74.1
Income Tax Expense	14.1	21.1	14.3	13.2	9.2
Earnings From Continuing Operations	43.8	83.7	109.5	66.3	64.9
Net Income	43.8	83.7	109.5	66.3	64.9
Net Income to Common	43.8	83.7	109.5	66.3	64.9
Net Income Growth	-47.67%	-23.56%	65.16%	2.16%	92.58%
Shares Outstanding (Basic)	18	19	19	18	18
Shares Outstanding (Diluted)	19	19	19	19	19
Shares Change (YoY)	-2.70%	1.66%	0.46%	-0.81%	1.15%
EPS (Basic)	2.38	4.46	5.92	3.58	3.51
EPS (Diluted)	2.36	4.38	5.83	3.55	3.44
EPS Growth	-46.12%	-24.87%	64.22%	3.20%	90.05%
Free Cash Flow	42.9	68.3	164.4	-54.4	46.3
Free Cash Flow Per Share	2.31	3.58	8.75	-2.91	2.46
Dividend Per Share	1.195	1.135	1.075	1.015	0.940
Dividend Growth	5.29%	5.58%	5.91%	7.98%	5.62%
Gross Margin	40.24%	42.74%	42.44%	38.54%	40.15%
Operating Margin	6.21%	9.52%	11.14%	7.65%	7.69%
Profit Margin	3.64%	6.50%	8.80%	6.07%	5.95%
Free Cash Flow Margin	3.56%	5.31%	13.22%	-4.98%	4.25%
EBITDA	133.4	177.6	189.7	132.2	137
EBITDA Margin	11.08%	13.80%	15.25%	12.10%	12.56%
D&A For EBITDA	58.7	55.1	51.1	48.7	53.1
EBIT	74.7	122.5	138.6	83.5	83.9
EBIT Margin	6.21%	9.52%	11.14%	7.65%	7.69%
Effective Tax Rate	24.35%	20.13%	11.55%	16.60%	12.42%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q