Tennant (TNC) Operating Margin (2009 - 2026)
Tennant (TNC) reported Operating Margin of 9.68% for Q3 2026, up 2.33 percentage points from 7.35% a year earlier and up 4.77 percentage points from the prior quarter.
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Analysis
Tennant (TNC) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Tennant's Operating Margin came in at 3.87%, down 2.59 percentage points year-over-year; for FY2025, it came in at 5.68%, down 3.21 percentage points from FY2024.
- Operating Margin has a five-year change of -0.69 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 8.88% in FY2024 (-2.26 pp), 11.15% in FY2023 (+3.16 pp), 7.98% in FY2022 (-0.61 pp) and 8.59% in FY2021 (+2.23 pp).
- The Q3 2026 figure ranks as the highest quarterly Operating Margin since Q3 2024.
- Year over year, Operating Margin gained in 1 of the last eight quarters, with an average year-over-year change of -3.31 percentage points.
- The high point for year-over-year Operating Margin in five years was Q1 2023 (a gain of 6.08 percentage points); the low point was Q1 2022 (a drop of 8.13 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 4.91% (Q2 2026), 1.64% (Q1 2026) and -1.44% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 20.38% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 29.53% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 14.72% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 17.76% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 19.96% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 23.66% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 25.88% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 27.79% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 22.81% |
| 10 | Tennant | 1.29 Bn | 949.97 Mn | 136.30 Mn | 9.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.68% |
| Jun 30, 2026 | 4.91% |
| Mar 31, 2026 | 1.64% |
| Dec 31, 2025 | -1.44% |
| Sep 30, 2025 | 7.35% |
| Jun 30, 2025 | 9.60% |
| Mar 31, 2025 | 6.76% |
| Dec 31, 2024 | 2.31% |
| Sep 30, 2024 | 9.69% |
| Jun 30, 2024 | 11.66% |
| Mar 31, 2024 | 12.06% |
| Dec 31, 2023 | 7.87% |
| Sep 30, 2023 | 11.39% |
| Jun 30, 2023 | 13.52% |
| Mar 31, 2023 | 11.74% |
| Dec 31, 2022 | 9.76% |
| Sep 30, 2022 | 8.14% |
| Jun 30, 2022 | 8.14% |
| Mar 31, 2022 | 5.66% |
| Dec 31, 2021 | 4.74% |
API Access
Tennant Operating Margin 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=operating-margin&ticker=TNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=TNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();