Tennant (TNC) Interest Coverage Ratio (2010 - 2026)
Tennant's Interest Coverage Ratio was 3.70 in Q2 2026, down 73.4% from 13.91 a year earlier but up 156.6% from the prior quarter.
Tennant (TNC) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tennant's Interest Coverage Ratio was 3.16 through Jun 30, 2026, down 65.3% 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 was higher in 1 of the last six quarters, with an average decline of 37.4%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q3 2021 (growth of 852.5%); the worst was Q1 2026 (a decline of 83.1%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 36.66 |
| 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 | 14.52 |
| 10 | Tennant | 1.16 Bn | 800.80 Mn | 127.90 Mn | 3.70 |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Mar 31, 2020 | 2.82 |
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_KEY
import 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();