Tennant (TNC) Interest Expenses (2010 - 2026)
Tennant (TNC) posted Interest Expenses of $4.3 million for Q2 2026, up 95.5% from $2.2 million a year earlier and up 26.5% from the prior quarter.
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Analysis
Tennant (TNC) Interest Expenses (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expenses at Tennant was $12.3 million, up 26.8% year-over-year; for FY2021, it was $7.3 million, down 58.0% from FY2020.
- Annual Interest Expenses has declined for four consecutive years, though with a five-year compound annual growth rate of 41.7% (FY2016 to FY2021).
- In prior years, Tennant's Interest Expenses was $17.4 million in FY2020 (-2.2%), $17.8 million in FY2019 (-23.6%), $23.3 million in FY2018 (-8.3%) and $25.4 million in FY2017.
- The Q2 2026 figure stands as the highest quarterly Interest Expenses since Q3 2020.
- On a year-over-year basis, Interest Expenses increased in two of the last six quarters, with growth averaging 17.0%.
- The strongest year-over-year quarter for Interest Expenses in the past five years was Q2 2023, with growth of 233.3%; the weakest was Q1 2022, with a decline of 92.3%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 497.00 Mn |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | 213.70 Mn |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 661.00 Mn |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 201.00 Mn |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | 95.00 Mn |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | - |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | - |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | 17.40 Mn |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | 79.00 Mn |
| 10 | Tennant | 1.11 Bn | 741.57 Mn | 127.90 Mn | 4.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.30 Mn |
| Mar 31, 2026 | 3.40 Mn |
| Sep 30, 2025 | 2.40 Mn |
| Jun 30, 2025 | 2.20 Mn |
| Mar 31, 2025 | 2.30 Mn |
| Sep 30, 2024 | 2.70 Mn |
| Jun 30, 2024 | 2.50 Mn |
| Mar 31, 2024 | 2.30 Mn |
| Sep 30, 2023 | 3.30 Mn |
| Jun 30, 2023 | 4.00 Mn |
| Jun 30, 2022 | 1.20 Mn |
| Mar 31, 2022 | 300,000.00 |
| Dec 31, 2021 | 700,000.00 |
| Sep 30, 2021 | 600,000.00 |
| Jun 30, 2021 | 2.10 Mn |
| Mar 31, 2021 | 3.90 Mn |
| Dec 31, 2020 | 4.00 Mn |
| Sep 30, 2020 | 4.40 Mn |
| Jun 30, 2020 | 4.80 Mn |
| Mar 31, 2020 | 5.10 Mn |
API Access
Tennant Interest Expenses 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-expenses&ticker=TNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=TNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();