Tennant (TNC) Return on Capital Employed (2011 - 2026)

Tennant (TNC) reported Return on Capital Employed of 5.45% for Q1 2026, down 494.0% on a YoY basis from 1.38% in Q1 2025, and down 22.67% quarter-over-quarter from 7.04% in Q4 2025.

Tennant (TNC) Return on Capital Employed (2011 - 2026) Analysis & Trends

Tennant has reported Return on Capital Employed for 16 years, with the latest figure at 5.45% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed fell 494.0% year-over-year to 5.45%; the trailing twelve-month figure through Mar 2026 stood at 5.45% (down 494.0% YoY), and the FY2025 full-year result was 7.29%, down 600.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 5.45%, down from 7.04% in the prior quarter.
  • The five-year high for Return on Capital Employed was 17.06% in Q4 2023, with the low at 5.45% in Q1 2026.
  • Historically, Return on Capital Employed has averaged 11.77% across 5 years, with a median of 11.13% in 2022.
  • Annual changes were most pronounced in 2023 — Return on Capital Employed surged 766 bps — and 2025, when it slumped 601 bps.
  • Tennant's Return on Capital Employed stood at 11.13% in 2022, then surged by 53 bps to 17.06% in 2023, then dropped by 26 bps to 12.55% in 2024, then sank by 44 bps to 7.04% in 2025, then dropped by 23 bps to 5.45% in 2026.
  • The last three Return on Capital Employed figures came in at 5.45% (Q1 2026), 7.04% (Q4 2025), and 8.28% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 7.18%
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 14.09%
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 18.36%
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 15.97%
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 14.32%
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 39.40%
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 14.67%
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 31.32%
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 12.62%
10 Tennant 1.48 Bn 1.39 Bn 113.60 Mn 5.45%

Historic Data

Download Data
DateValue
Mar 31, 2026 5.45%
Dec 31, 2025 7.04%
Sep 30, 2025 8.28%
Jun 30, 2025 9.44%
Mar 31, 2025 10.39%
Dec 31, 2024 12.55%
Sep 30, 2024 14.29%
Jun 30, 2024 15.14%
Mar 31, 2024 16.08%
Dec 31, 2023 17.06%
Sep 30, 2023 16.98%
Jun 30, 2023 15.26%
Mar 31, 2023 12.98%
Dec 31, 2022 11.13%
Sep 30, 2022 9.33%
Jun 30, 2022 9.63%
Mar 31, 2022 9.12%
Dec 31, 2021 12.10%
Sep 30, 2021 11.10%
Jun 30, 2021 10.43%