Tennant (TNC) Equity Ratio (2010 - 2026)
Tennant (TNC) reported Equity Ratio of 0.42 for Q1 2026, down 21.29% on a YoY basis from 0.53 in Q1 2025, and down 11.94% quarter-over-quarter from 0.47 in Q4 2025.
Tennant (TNC) Equity Ratio (2010 - 2026) Analysis & Trends
Tennant has reported Equity Ratio for 17 years, with the latest figure at 0.42 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio fell 21.29% year-over-year to 0.42; the trailing twelve-month figure through Mar 2026 stood at 0.42 (down 21.29% YoY), and the FY2025 full-year result was 0.47, down 9.3% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.42, down from 0.47 in the prior quarter.
- The five-year high for Equity Ratio was 0.54 in Q2 2024, with the low at 0.42 in Q1 2022.
- Historically, Equity Ratio has averaged 0.48 across 5 years, with a median of 0.51 in 2025.
- Annual changes were most pronounced in 2023 — Equity Ratio climbed 21.54% — and 2026, when it fell 21.29%.
- Tennant's Equity Ratio stood at 0.44 in 2022, then increased by 19.38% to 0.52 in 2023, then climbed by 0.64% to 0.52 in 2024, then retreated by 9.3% to 0.47 in 2025, then retreated by 11.94% to 0.42 in 2026.
- The last three Equity Ratio figures came in at 0.42 (Q1 2026), 0.47 (Q4 2025), and 0.51 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 0.20 |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 0.36 |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 0.48 |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 0.39 |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 0.48 |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 0.20 |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 0.67 |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 0.32 |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 0.55 |
| 10 | Tennant | 1.48 Bn | 1.39 Bn | 113.60 Mn | 0.42 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.42 |
| Dec 31, 2025 | 0.47 |
| Sep 30, 2025 | 0.51 |
| Jun 30, 2025 | 0.53 |
| Mar 31, 2025 | 0.53 |
| Dec 31, 2024 | 0.52 |
| Sep 30, 2024 | 0.53 |
| Jun 30, 2024 | 0.54 |
| Mar 31, 2024 | 0.53 |
| Dec 31, 2023 | 0.52 |
| Sep 30, 2023 | 0.52 |
| Jun 30, 2023 | 0.47 |
| Mar 31, 2023 | 0.45 |
| Dec 31, 2022 | 0.44 |
| Sep 30, 2022 | 0.42 |
| Jun 30, 2022 | 0.42 |
| Mar 31, 2022 | 0.42 |
| Dec 31, 2021 | 0.41 |
| Sep 30, 2021 | 0.42 |
| Jun 30, 2021 | 0.40 |