Tennant (TNC) Interest Coverage Ratio (2010 - 2026)
Tennant's (TNC) quarterly Interest Coverage Ratio came in at 0.73 in Q1 2026, down 77.24% YoY from 3.21 in Q1 2025, and up 194.03% on a QoQ basis from 0.78 in Q4 2025.
Tennant (TNC) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Tennant (TNC) has 17 years of Interest Coverage Ratio data on file, last reported at 0.73 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 77.24% year-over-year to 0.73 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.21 (down 86.04% YoY) and the FY2025 annual result came in at 2.79, down 48.05% from the prior year.
- Interest Coverage Ratio advanced to 0.73 in Q1 2026, from 0.78 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 5.96 in Q2 2023 to a low of 4.58 in Q4 2022.
- A 5-year average of 2.87 and a median of 3.33 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio jumped 252.66% — and 2025, when it slumped 162.43%.
- Tracing TNC's Interest Coverage Ratio over 5 years: stood at 4.58 in 2022, then surged by 187.68% to 4.02 in 2023, then plunged by 68.98% to 1.25 in 2024, then tumbled by 162.43% to 0.78 in 2025, then soared by 194.03% to 0.73 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.73 (Q1 2026), 0.78 (Q4 2025), and 3.33 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 255.14 Bn | 242.02 Bn | 2.36 Bn | -8.95 |
| 2 | Eaton | 163.89 Bn | 163.19 Bn | 2.86 Bn | 6.93 |
| 3 | Parker-Hannifin | 125.55 Bn | 125.07 Bn | 2.02 Bn | 11.44 |
| 4 | Emerson Electric | 87.24 Bn | 85.06 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.63 Bn | 76.96 Bn | 2.47 Bn | 15.99 |
| 6 | Illinois Tool Works | 81.03 Bn | 80.19 Bn | 1.90 Bn | 14.52 |
| 7 | Ametek | 54.62 Bn | 54.13 Bn | 735.04 Mn | 17.55 |
| 8 | Rockwell Automation | 48.33 Bn | 47.85 Bn | 1.14 Bn | 14.58 |
| 9 | Ingersoll Rand | 31.74 Bn | 30.57 Bn | 862.60 Mn | 6.01 |
| 10 | Tennant | 1.16 Bn | 1.09 Bn | 127.90 Mn | 3.70 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.61 |
| Mar 31, 2026 | 0.73 |
| Dec 31, 2025 | -0.78 |
| Sep 30, 2025 | 3.33 |
| Jun 30, 2025 | 4.64 |
| Mar 31, 2025 | 3.21 |
| Dec 31, 2024 | 1.25 |
| Sep 30, 2024 | 4.37 |
| Jun 30, 2024 | 5.76 |
| Mar 31, 2024 | 5.43 |
| Dec 31, 2023 | 4.02 |
| Sep 30, 2023 | 4.89 |
| Jun 30, 2023 | 5.96 |
| Mar 31, 2023 | 4.72 |
| Dec 31, 2022 | -4.58 |
| Sep 30, 2022 | 2.21 |
| Jun 30, 2022 | 2.21 |
| Mar 31, 2022 | 1.34 |
| Dec 31, 2021 | -3.54 |
| Sep 30, 2021 | 1.88 |