Tennant (TNC) Debt to Equity (2010 - 2026)

Tennant (TNC) reported Debt to Equity of $0.67 for Q1 2026, up 97.08% on a YoY basis from $0.34 in Q1 2025, and up 47.98% quarter-over-quarter from $0.45 in Q4 2025.

Tennant (TNC) Debt to Equity (2010 - 2026) Analysis & Trends

Tennant has reported Debt to Equity for 17 years, with the latest figure at $0.67 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 97.08% year-over-year to $0.67; the trailing twelve-month figure through Mar 2026 stood at $0.67 (up 97.08% YoY), and the FY2025 full-year result was $0.45, up 41.82% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.67, up from $0.45 in the prior quarter.
  • The five-year high for Debt to Equity was $0.67 in Q1 2026, with the low at $0.32 in Q4 2024.
  • Historically, Debt to Equity has averaged $0.47 across 5 years, with a median of $0.41 in 2023.
  • Annual changes were most pronounced in 2023 — Debt to Equity plunged 45.47% — and 2026, when it soared 97.08%.
  • Tennant's Debt to Equity stood at $0.64 in 2022, then slumped by 45.47% to $0.35 in 2023, then slipped by 7.55% to $0.32 in 2024, then jumped by 41.82% to $0.45 in 2025, then surged by 47.98% to $0.67 in 2026.
  • The last three Debt to Equity figures came in at $0.67 (Q1 2026), $0.45 (Q4 2025), and $0.37 (Q3 2025), per Business Quant data.
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Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 0.19
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 1.07
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 0.66
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 0.51
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 0.66
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 2.83
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 0.20
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 1.03
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 0.44
10 Tennant 1.48 Bn 1.39 Bn 113.60 Mn 0.67

Historic Data

Download Data
DateValue
Mar 31, 2026 0.67
Dec 31, 2025 0.45
Sep 30, 2025 0.37
Jun 30, 2025 0.33
Mar 31, 2025 0.34
Dec 31, 2024 0.32
Sep 30, 2024 0.32
Jun 30, 2024 0.34
Mar 31, 2024 0.35
Dec 31, 2023 0.35
Sep 30, 2023 0.41
Jun 30, 2023 0.53
Mar 31, 2023 0.61
Dec 31, 2022 0.64
Sep 30, 2022 0.66
Jun 30, 2022 0.61
Mar 31, 2022 0.64
Dec 31, 2021 0.62
Sep 30, 2021 0.60
Jun 30, 2021 0.62