Tennant (TNC) Operating Leases (2019 - 2026)
Tennant's (TNC) quarterly Operating Leases came in at $33.8 million in Q1 2026, down 4.52% YoY from $35.4 million in Q1 2025, and down 4.79% on a QoQ basis from $35.5 million in Q4 2025.
Tennant (TNC) Operating Leases (2019 - 2026) Analysis & Trends
Tennant (TNC) has 8 years of Operating Leases data on file, last reported at $33.8 million in Q1 2026.
- Quarterly Operating Leases fell 4.52% year-over-year to $33.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $33.8 million (down 4.52% YoY) and the FY2025 annual result came in at $35.5 million, down 36.61% from the prior year.
- Operating Leases eased to $33.8 million in Q1 2026, from $35.5 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $56.0 million in Q4 2024 to a low of $17.3 million in Q3 2022.
- A 5-year average of $29.2 million and a median of $29.7 million in 2024 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2024 — Operating Leases jumped 104.38% — and 2025, when it sank 36.61%.
- Tracing TNC's Operating Leases over 5 years: stood at $32.2 million in 2022, then dropped by 14.91% to $27.4 million in 2023, then jumped by 104.38% to $56.0 million in 2024, then tumbled by 36.61% to $35.5 million in 2025, then slipped by 4.79% to $33.8 million in 2026.
- The last three Operating Leases figures came in at $33.8 million (Q1 2026), $35.5 million (Q4 2025), and $34.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn |
| 10 | Tennant | 1.17 Bn | 1.09 Bn | 127.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.40 Mn |
| Mar 31, 2026 | 33.80 Mn |
| Dec 31, 2025 | 35.50 Mn |
| Sep 30, 2025 | 34.30 Mn |
| Jun 30, 2025 | 34.10 Mn |
| Mar 31, 2025 | 35.40 Mn |
| Dec 31, 2024 | 56.00 Mn |
| Sep 30, 2024 | 35.20 Mn |
| Jun 30, 2024 | 29.70 Mn |
| Mar 31, 2024 | 27.10 Mn |
| Dec 31, 2023 | 27.40 Mn |
| Sep 30, 2023 | 18.70 Mn |
| Jun 30, 2023 | 17.40 Mn |
| Mar 31, 2023 | 18.30 Mn |
| Dec 31, 2022 | 32.20 Mn |
| Sep 30, 2022 | 17.30 Mn |
| Jun 30, 2022 | 21.70 Mn |
| Mar 31, 2022 | 22.90 Mn |
| Dec 31, 2021 | 41.90 Mn |
| Sep 30, 2021 | 26.30 Mn |