Tennant (TNC) Interest Coverage Ratio (2009 - 2026)
Tennant's Interest Coverage Ratio was 6.24 in Q3 2026, down 32.8% from 9.29 a year earlier but up 68.8% from the prior quarter.
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Analysis
Tennant (TNC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tennant's Interest Coverage Ratio was 3.17 through Sep 30, 2026, down 62.1% year-over-year; for FY2021, it was 12.84, up 250.6% from FY2020.
- In earlier years, Interest Coverage Ratio was 3.66 in FY2020 (-9.2%), 4.03 in FY2019 (+62.0%), 2.49 in FY2018 (+91.6%) and 1.30 in FY2017 (-97.6%).
- Quarterly Interest Coverage Ratio has moved between 1.44 (Q1 2026) and 48.67 (Q1 2022) over five years.
- Compared with a year earlier, Interest Coverage Ratio has declined for three straight quarters, with an average decline of 44.2% over the last six quarters.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q4 2021 (growth of 835.7%); the worst was Q1 2026 (a decline of 83.1%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 8.21 |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 14.23 |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 8.03 |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 8.19 |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | - |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | - |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 14.18 |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 153.72 |
| 10 | Tennant | 1.29 Bn | 949.97 Mn | 136.30 Mn | 6.24 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.24 |
| Jun 30, 2026 | 3.70 |
| 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 |
API Access
Tennant Interest Coverage Ratio 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=interest-coverage-ratio&ticker=TNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=TNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();