Tennant (TNC) EV to EBIT (2011 - 2026)
Tennant's EV to EBIT was 36.44 in Q2 2026, up 137.3% from 15.36 a year earlier and up 85.9% from the prior quarter.
Tennant (TNC) EV to EBIT (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tennant's EV to EBIT was 29.02 through Jun 30, 2026, up 136.0% year-over-year; for FY2025, it was 17.73, up 40.9% from FY2024.
- In earlier years, EV to EBIT was 12.58 in FY2024 (+8.3%), 11.62 in FY2023 (-4.8%), 12.20 in FY2022 (-17.1%) and 14.73 in FY2021 (-19.0%).
- The Q2 2026 figure marks the highest quarterly EV to EBIT since Q4 2017.
- Compared with a year earlier, EV to EBIT has increased for five straight quarters, with growth averaging 38.9% over the last eight quarters.
- The best year-over-year quarter for EV to EBIT over five years was Q2 2026 (growth of 137.3%); the worst was Q1 2023 (a decline of 42.2%).
- Per Business Quant data, TNC's EV to EBIT in the three quarters before Q2 2026 was 19.60 (Q1 2026), 17.73 (Q4 2025) and 17.26 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn |
| 10 | Tennant | 1.11 Bn | 741.57 Mn | 127.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.44 |
| Mar 31, 2026 | 19.60 |
| Dec 31, 2025 | 17.73 |
| Sep 30, 2025 | 17.26 |
| Jun 30, 2025 | 15.36 |
| Mar 31, 2025 | 14.67 |
| Dec 31, 2024 | 12.58 |
| Sep 30, 2024 | 12.95 |
| Jun 30, 2024 | 12.94 |
| Mar 31, 2024 | 15.54 |
| Dec 31, 2023 | 11.62 |
| Sep 30, 2023 | 8.97 |
| Jun 30, 2023 | 10.90 |
| Mar 31, 2023 | 10.88 |
| Dec 31, 2022 | 12.20 |
| Sep 30, 2022 | 13.82 |
| Jun 30, 2022 | 13.83 |
| Mar 31, 2022 | 18.82 |
| Dec 31, 2021 | 14.73 |
| Sep 30, 2021 | 13.94 |
Tennant EV to EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=TNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "ticker": "TNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=TNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();