Tennant (TNC) Tax Provisions (2009 - 2026)
Tennant's Tax Provisions came in at $6.4 million for Q3 2026, up 42.2% from $4.5 million a year earlier and up 137.0% from the prior quarter.
Tennant (TNC) Tax Provisions (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Tennant reported Tax Provisions of $8.2 million, down 43.1% year-over-year; for FY2025, it was $14.1 million, down 33.2% from FY2024.
- Tax Provisions carries a five-year compound annual growth rate of 13.8% (FY2020 to FY2025).
- Going back by year, Tax Provisions was $21.1 million in FY2024 (+47.6%), $14.3 million in FY2023 (+8.3%), $13.2 million in FY2022 (+43.5%) and $9.2 million in FY2021 (+24.3%).
- The Q3 2026 figure represents the highest quarterly Tax Provisions since Q2 2025.
- Year-over-year, Tax Provisions increased in 1 of the last six quarters, with an average decline of 32.6%.
- The fastest year-over-year change in Tax Provisions over five years came in Q3 2022 (growth of 425.0%), and the weakest in Q1 2026 (a decline of 82.9%).
- Business Quant data shows TNC's Tax Provisions at $2.7 million (Q2 2026), $700,000 (Q1 2026) and -$1.6 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 968.00 Mn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 774.50 Mn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 529.00 Mn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 291.00 Mn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 253.00 Mn |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 261.00 Mn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 254.00 Mn |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 276.00 Mn |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 230.30 Mn |
| 10 | Tennant | 1.29 Bn | 949.97 Mn | 136.30 Mn | 6.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.40 Mn |
| Jun 30, 2026 | 2.70 Mn |
| Mar 31, 2026 | 700,000.00 |
| Dec 31, 2025 | -1.60 Mn |
| Sep 30, 2025 | 4.50 Mn |
| Jun 30, 2025 | 7.10 Mn |
| Mar 31, 2025 | 4.10 Mn |
| Dec 31, 2024 | -1.30 Mn |
| Sep 30, 2024 | 6.70 Mn |
| Jun 30, 2024 | 9.00 Mn |
| Mar 31, 2024 | 6.70 Mn |
| Dec 31, 2023 | -9.00 Mn |
| Sep 30, 2023 | 7.00 Mn |
| Jun 30, 2023 | 8.60 Mn |
| Mar 31, 2023 | 7.70 Mn |
| Dec 31, 2022 | 900,000.00 |
| Sep 30, 2022 | 4.20 Mn |
| Jun 30, 2022 | 3.70 Mn |
| Mar 31, 2022 | 4.40 Mn |
| Dec 31, 2021 | 3.70 Mn |
Tennant Tax Provisions 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=tax-provisions&ticker=TNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=TNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();