Tennant (TNC) Interest Expenses (2010 - 2026)
Tennant (TNC) reported Interest Expenses of $3.4 million for Q1 2026, up 47.83% on a YoY basis from $2.3 million in Q1 2025, and up 41.67% quarter-over-quarter from $2.4 million in Q3 2025.
Tennant (TNC) Interest Expenses (2010 - 2026) Analysis & Trends
Tennant has reported Interest Expenses for 17 years, with the latest figure at $3.4 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 47.83% year-over-year to $3.4 million; the trailing twelve-month figure through Mar 2026 stood at $8.0 million (up 6.67% YoY), and the FY2021 full-year result was $7.3 million, down 58.05% from the prior year.
- Interest Expenses for Q1 2026 stood at $3.4 million, up from $2.4 million in the prior quarter.
- The five-year high for Interest Expenses was $4.0 million in Q2 2023, with the low at $300000.0 in Q1 2022.
- Historically, Interest Expenses has averaged $2.4 million across 5 years, with a median of $2.4 million in 2025.
- Annual changes were most pronounced in 2022 — Interest Expenses tumbled 92.31% — and 2023, when it soared 233.33%.
- Tennant's Interest Expenses stood at $1.2 million in 2022, then soared by 175.0% to $3.3 million in 2023, then dropped by 18.18% to $2.7 million in 2024, then retreated by 11.11% to $2.4 million in 2025, then surged by 41.67% to $3.4 million in 2026.
- The last three Interest Expenses figures came in at $3.4 million (Q1 2026), $2.4 million (Q3 2025), and $2.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | -28.00 Mn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 106.00 Mn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 99.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 76.00 Mn |
| 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 | 73.00 Mn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 20.91 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 36.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 29.52 Mn |
| 10 | Tennant | 1.48 Bn | 1.39 Bn | 113.60 Mn | 3.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.40 Mn |
| Mar 31, 2026 | 3.40 Mn |
| Sep 30, 2025 | 2.40 Mn |
| Sep 30, 2025 | 2.40 Mn |
| Jun 30, 2025 | 2.20 Mn |
| Jun 30, 2025 | 2.20 Mn |
| Mar 31, 2025 | 2.30 Mn |
| Mar 31, 2025 | 2.30 Mn |
| Sep 30, 2024 | 2.70 Mn |
| Sep 30, 2024 | 2.70 Mn |
| Jun 30, 2024 | 2.50 Mn |
| Jun 30, 2024 | 2.50 Mn |
| Mar 31, 2024 | 2.30 Mn |
| Mar 31, 2024 | 2.30 Mn |
| Sep 30, 2023 | 3.30 Mn |
| Sep 30, 2023 | 3.30 Mn |
| Jun 30, 2023 | 4.00 Mn |
| Jun 30, 2023 | 4.00 Mn |
| Jun 30, 2022 | 1.20 Mn |
| Jun 30, 2022 | 1.20 Mn |