Growth Metrics

Tennant (TNC) Gross Margin (2016 - 2025)

Tennant (TNC) has disclosed Gross Margin for 16 consecutive years, with 42.66% as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Gross Margin rose 30.0% year-over-year to 42.66%, compared with a TTM value of 53.11% through Dec 2025, up 1036.0%, and an annual FY2024 reading of 42.75%, up 30.0% over the prior year.
  • Gross Margin was 42.66% for Q3 2025 at Tennant, up from 42.09% in the prior quarter.
  • Across five years, Gross Margin topped out at 44.21% in Q1 2024 and bottomed at 36.4% in Q4 2021.
  • Average Gross Margin over 5 years is 41.14%, with a median of 41.38% recorded in 2025.
  • The sharpest move saw Gross Margin plummeted -471bps in 2022, then soared 550bps in 2023.
  • Year by year, Gross Margin stood at 36.4% in 2021, then increased by 9bps to 39.59% in 2022, then increased by 6bps to 42.0% in 2023, then fell by -2bps to 41.35% in 2024, then increased by 3bps to 42.66% in 2025.
  • Business Quant data shows Gross Margin for TNC at 42.66% in Q3 2025, 42.09% in Q2 2025, and 41.38% in Q1 2025.