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| Date | Value |
|---|---|
| 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 |