Tennant (TNC) Debt Ratio (2010 - 2026)

Tennant (TNC) posted Debt Ratio of 0.28 for Q1 2026, up 30.31% on a QoQ basis from 0.22 in Q4 2025, and up 55.12% year-over-year from 0.18 in Q1 2025.

Tennant (TNC) Debt Ratio (2010 - 2026) Analysis & Trends

Tennant's Debt Ratio history runs 17 years deep, the most recent figure standing at 0.28 for 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 was 0.28 for Q1 2026 at Tennant, up from 0.22 in the prior quarter.
  • Across five years, Debt Ratio topped out at 40.49 in Q1 2024 and bottomed at 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 plunged 99.55%.
  • Tennant's Debt Ratio stood at 0.28 in 2022, then tumbled by 34.9% to 0.18 in 2023, then decreased by 6.96% to 0.17 in 2024, then climbed by 28.63% to 0.22 in 2025, then soared by 30.31% to 0.28 in 2026.
  • Business Quant data shows TNC's Debt Ratio at 0.28 in Q1 2026, 0.22 in Q4 2025, and 0.19 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 0.03
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 0.38
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 0.31
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 0.20
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 0.32
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 0.56
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 0.13
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 0.33
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 0.26
10 Tennant 1.55 Bn 1.47 Bn 113.60 Mn 0.28

Historic Data

Download Data
DateValue
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
Jun 30, 2021 0.25