Tennant (TNC) Interest Coverage Ratio (2010 - 2026)
Tennant (TNC) reported Interest Coverage Ratio of 1.44 for Q1 2026, down 83.09% on a YoY basis from 8.52 in Q1 2025, and down 84.49% quarter-over-quarter from 9.29 in Q3 2025.
Tennant (TNC) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Tennant has reported Interest Coverage Ratio for 17 years, with the latest figure at 1.44 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 83.09% year-over-year to 1.44; the trailing twelve-month figure through Mar 2026 stood at 6.7 (down 47.87% YoY), and the FY2021 full-year result was 12.84, up 250.61% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 1.44, down from 9.29 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 48.67 in Q1 2022, with the low at 1.44 in Q1 2026.
- Historically, Interest Coverage Ratio has averaged 15.03 across 5 years, with a median of 11.33 in 2024.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 422.87% — and 2026, when it plunged 83.09%.
- Tennant's Interest Coverage Ratio stood at 19.0 in 2022, then sank by 44.66% to 10.52 in 2023, then gained by 7.78% to 11.33 in 2024, then dropped by 18.01% to 9.29 in 2025, then plunged by 84.49% to 1.44 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.44 (Q1 2026), 9.29 (Q3 2025), and 13.91 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | -6.39 |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 11.06 |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 11.44 |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 12.49 |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | - |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 13.97 |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 24.63 |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 12.97 |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 10.36 |
| 10 | Tennant | 1.48 Bn | 1.39 Bn | 113.60 Mn | 1.44 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.44 |
| Sep 30, 2025 | 9.29 |
| Jun 30, 2025 | 13.91 |
| Mar 31, 2025 | 8.52 |
| Sep 30, 2024 | 11.33 |
| Jun 30, 2024 | 15.44 |
| Mar 31, 2024 | 16.30 |
| Sep 30, 2023 | 10.52 |
| Jun 30, 2023 | 10.88 |
| Jun 30, 2022 | 19.00 |
| Mar 31, 2022 | 48.67 |
| Dec 31, 2021 | 18.71 |
| Sep 30, 2021 | 39.83 |
| Jun 30, 2021 | 9.71 |
| Mar 31, 2021 | 9.31 |
| Dec 31, 2020 | 2.00 |
| Sep 30, 2020 | 4.18 |
| Jun 30, 2020 | 4.77 |
| Mar 31, 2020 | 2.82 |
| Dec 31, 2019 | 9.33 |