Tennant (TNC) Return on Assets [ROA] (2011 - 2026)
Tennant's Return on Assets [ROA] came in at 1.44% for Q2 2026, down 3.58 percentage points from 5.01% a year earlier and down 0.99 percentage points from the prior quarter.
Tennant (TNC) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2025, Tennant's Return on Assets [ROA] was 3.56%, down 3.70 percentage points from FY2024.
- Return on Assets [ROA] carries a five-year change of +0.42 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was 7.27% in FY2024 (-2.69 pp), 9.96% in FY2023 (+3.78 pp), 6.18% in FY2022 (+0.12 pp) and 6.05% in FY2021 (+2.91 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Assets [ROA] since Q1 2018.
- Year-over-year, Return on Assets [ROA] has declined for eight consecutive quarters, with an average year-over-year change of -3.42 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q3 2023 (a gain of 4.47 percentage points), and the weakest in Q3 2025 (a drop of 4.68 percentage points).
- Business Quant data shows TNC's Return on Assets [ROA] at 2.43% (Q1 2026), 3.47% (Q4 2025) and 4.39% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 10.94% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 11.93% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 4.54% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 6.89% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 11.86% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 11.82% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 6.12% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 8.56% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 19.50% |
| 10 | Tennant | 1.15 Bn | 782.04 Mn | 127.90 Mn | 1.44% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.44% |
| Mar 31, 2026 | 2.43% |
| Dec 31, 2025 | 3.47% |
| Sep 30, 2025 | 4.39% |
| Jun 30, 2025 | 5.01% |
| Mar 31, 2025 | 5.77% |
| Dec 31, 2024 | 6.96% |
| Sep 30, 2024 | 9.07% |
| Jun 30, 2024 | 9.50% |
| Mar 31, 2024 | 10.03% |
| Dec 31, 2023 | 10.08% |
| Sep 30, 2023 | 9.44% |
| Jun 30, 2023 | 8.60% |
| Mar 31, 2023 | 7.35% |
| Dec 31, 2022 | 6.34% |
| Sep 30, 2022 | 4.96% |
| Jun 30, 2022 | 5.43% |
| Mar 31, 2022 | 4.69% |
| Dec 31, 2021 | 6.10% |
| Sep 30, 2021 | 5.54% |
Tennant Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=TNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=TNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();