Tennant (TNC) Return on Capital Employed (2011 - 2026)
Tennant (TNC) posted Return on Capital Employed of 5.45% for Q1 2026, down 22.67% on a QoQ basis from 7.04% in Q4 2025, and down 494.0% year-over-year from 1.38% in Q1 2025.
Tennant (TNC) Return on Capital Employed (2011 - 2026) Analysis & Trends
Tennant's Return on Capital Employed history runs 16 years deep, the most recent figure standing at 5.45% for Q1 2026.
- Quarterly Return on Capital Employed fell 494.0% year-over-year to 5.45% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.45% (down 494.0% YoY) and the FY2025 annual result came in at 7.29%, down 600.0% from the prior year.
- Return on Capital Employed was 5.45% for Q1 2026 at Tennant, down from 7.04% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 46.9% in Q1 2024 and bottomed at 51.89% in Q2 2024.
- A 5-year average of 11.09% and a median of 10.39% in 2025 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2024 — Return on Capital Employed sank 6715 bps — and 2025, when it jumped 6133 bps.
- Tennant's Return on Capital Employed stood at 11.13% in 2022, then jumped by 53 bps to 17.06% in 2023, then fell by 26 bps to 12.55% in 2024, then tumbled by 44 bps to 7.04% in 2025, then fell by 23 bps to 5.45% in 2026.
- Business Quant data shows TNC's Return on Capital Employed at 5.45% in Q1 2026, 7.04% in Q4 2025, and 8.28% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 8.04% |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 14.09% |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 18.36% |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 15.97% |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 14.32% |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 39.40% |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 14.67% |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 31.32% |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 6.93% |
| 10 | Tennant | 1.55 Bn | 1.47 Bn | 113.60 Mn | 5.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 38.89% |
| Jun 30, 2024 | -51.89% |
| Mar 31, 2024 | 46.90% |
| 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% |