Tennant (TNC) Debt Ratio (2010 - 2026)
Tennant's (TNC) quarterly Debt Ratio came in at 0.28 in Q1 2026, up 55.12% YoY from 0.18 in Q1 2025, and up 30.31% on a QoQ basis from 0.22 in Q4 2025.
Tennant (TNC) Debt Ratio (2010 - 2026) Analysis & Trends
Tennant (TNC) has 17 years of Debt Ratio data on file, last reported at 0.28 in Q1 2026.
- Quarterly Debt Ratio rose 55.12% year-over-year to 0.28 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.28 (up 55.12% YoY) and the FY2025 annual result came in at 0.22, up 28.63% from the prior year.
- Debt Ratio climbed to 0.28 in Q1 2026, from 0.22 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 40.49 in Q1 2024 to a low of 0.17 in Q4 2024.
- A 5-year average of 4.82 and a median of 0.25 in 2023 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2024 — Debt Ratio surged 15092.14% — and 2025, when it sank 99.55%.
- Tracing TNC's Debt Ratio over 5 years: stood at 0.28 in 2022, then sank by 34.9% to 0.18 in 2023, then fell by 6.96% to 0.17 in 2024, then gained by 28.63% to 0.22 in 2025, then jumped by 30.31% to 0.28 in 2026.
- The last three Debt Ratio figures came in at 0.28 (Q1 2026), 0.22 (Q4 2025), and 0.19 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 255.14 Bn | 242.02 Bn | 2.36 Bn | 0.03 |
| 2 | Eaton | 163.89 Bn | 163.19 Bn | 2.86 Bn | 0.37 |
| 3 | Parker-Hannifin | 125.55 Bn | 125.07 Bn | 2.02 Bn | 0.31 |
| 4 | Emerson Electric | 87.24 Bn | 85.06 Bn | 2.66 Bn | 0.31 |
| 5 | Cummins | 81.63 Bn | 76.96 Bn | 2.47 Bn | 0.19 |
| 6 | Illinois Tool Works | 81.03 Bn | 80.19 Bn | 1.90 Bn | 0.59 |
| 7 | Ametek | 54.62 Bn | 54.13 Bn | 735.04 Mn | 0.12 |
| 8 | Rockwell Automation | 48.33 Bn | 47.85 Bn | 1.14 Bn | 0.29 |
| 9 | Ingersoll Rand | 31.74 Bn | 30.57 Bn | 862.60 Mn | 0.26 |
| 10 | Tennant | 1.16 Bn | 1.09 Bn | 127.90 Mn | 0.28 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.22 |
| Sep 30, 2025 | 0.19 |
| Jun 30, 2025 | 0.17 |
| Mar 31, 2025 | 0.18 |
| Dec 31, 2024 | 0.17 |
| Sep 30, 2024 | 0.17 |
| Jun 30, 2024 | 38.11 |
| Mar 31, 2024 | 40.49 |
| Dec 31, 2023 | 0.18 |
| Sep 30, 2023 | 0.21 |
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.27 |
| Dec 31, 2022 | 0.28 |
| Sep 30, 2022 | 0.28 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 0.27 |
| Dec 31, 2021 | 0.25 |
| Sep 30, 2021 | 0.25 |