Tennant (TNC) Debt Ratio (2010 - 2026)

Tennant has reported Debt Ratio for 17 years, with the latest figure at 0.28 in Q1 2026.

• For the quarter ending Q1 2026, Debt Ratio rose 55.12% year-over-year to 0.28; the trailing twelve-month figure through Mar 2026 stood at 0.28 (up 55.12% YoY), and the FY2025 full-year result was 0.22, up 28.63% from the prior year.
• Debt Ratio for Q1 2026 stood at 0.28, up from 0.22 in the prior quarter.
• The five-year high for Debt Ratio was 0.28 in Q1 2026, with the low at 0.17 in Q4 2024.
• Historically, Debt Ratio has averaged 0.22 across 5 years, with a median of 0.21 in 2023.
• Annual changes were most pronounced in 2023 — Debt Ratio tumbled 34.9% — and 2026, when it jumped 55.12%.
• Tennant's Debt Ratio 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.