Tennant (TNC) EV to EBITDA (2012 - 2026)
Tennant's (TNC) EV to EBITDA was 14.35 for Q2 2026, up 53.1% from 9.37 a year earlier and up 54.6% from the prior quarter.
Tennant (TNC) EV to EBITDA (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Tennant's EV to EBITDA came in at 11.43, up 52.3% year-over-year; for FY2025, it came in at 9.53, up 12.3% from FY2024.
- By year, EV to EBITDA came in at 8.49 in FY2024 (unchanged), 8.49 in FY2023 (+8.5%), 7.83 in FY2022 (-16.7%) and 9.40 in FY2021 (-5.0%).
- The Q2 2026 figure ranks as the highest quarterly EV to EBITDA since Q4 2017.
- Year over year, EV to EBITDA gained in five of the last eight quarters, with growth averaging 12.0%.
- The high point for year-over-year EV to EBITDA in five years was Q2 2026 (growth of 53.1%); the low point was Q1 2023 (a decline of 30.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 9.28 (Q1 2026), 9.53 (Q4 2025) and 10.05 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn |
| 10 | Tennant | 1.16 Bn | 800.80 Mn | 127.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.35 |
| Mar 31, 2026 | 9.28 |
| Dec 31, 2025 | 9.53 |
| Sep 30, 2025 | 10.05 |
| Jun 30, 2025 | 9.37 |
| Mar 31, 2025 | 9.30 |
| Dec 31, 2024 | 8.49 |
| Sep 30, 2024 | 9.14 |
| Jun 30, 2024 | 9.26 |
| Mar 31, 2024 | 11.31 |
| Dec 31, 2023 | 8.49 |
| Sep 30, 2023 | 6.64 |
| Jun 30, 2023 | 7.92 |
| Mar 31, 2023 | 7.53 |
| Dec 31, 2022 | 7.83 |
| Sep 30, 2022 | 8.18 |
| Jun 30, 2022 | 8.18 |
| Mar 31, 2022 | 10.91 |
| Dec 31, 2021 | 9.40 |
| Sep 30, 2021 | 8.68 |
Tennant EV to EBITDA 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-ebitda&ticker=TNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=TNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();