Tennant (TNC) Tax Rate (2010 - 2026)
Tennant (TNC) posted Tax Rate of 77.78% for Q1 2026, up 191.67% on a QoQ basis from 26.67% in Q4 2025, and up 5394.0% year-over-year from 1.42% in Q1 2025.
Tennant (TNC) Tax Rate (2010 - 2026) Analysis & Trends
Tennant's Tax Rate history runs 17 years deep, the most recent figure standing at 77.78% for Q1 2026.
- Quarterly Tax Rate rose 5394.0% year-over-year to 77.78% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 25.72% (up 443.0% YoY) and the FY2025 annual result came in at 24.35%, up 422.0% from the prior year.
- Tax Rate was 77.78% for Q1 2026 at Tennant, up from 26.67% in the prior quarter.
- Across five years, Tax Rate topped out at 77.78% in Q1 2026 and bottomed at 40.91% in Q4 2023.
- A 5-year average of 18.94% and a median of 23.41% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 5434 bps — and 2023, when it slumped 4455 bps.
- Tennant's Tax Rate stood at 3.64% in 2022, then sank by 1223 bps to 40.91% in 2023, then surged by 40 bps to 24.53% in 2024, then jumped by 209 bps to 26.67% in 2025, then jumped by 192 bps to 77.78% in 2026.
- Business Quant data shows TNC's Tax Rate at 77.78% in Q1 2026, 26.67% in Q4 2025, and 23.2% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 29.84 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 21.68 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 19.21 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 27.19 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 22.07 |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 20.58 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 18.99 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 20.23 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 15.70 |
| 10 | Tennant | 1.55 Bn | 1.47 Bn | 113.60 Mn | 77.78 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 77.78 |
| Mar 31, 2026 | 77.78 |
| Mar 31, 2026 | 77.78 |
| Dec 31, 2025 | 26.67 |
| Dec 31, 2025 | 26.67 |
| Dec 31, 2025 | 26.67 |
| Sep 30, 2025 | 23.20 |
| Sep 30, 2025 | 23.20 |
| Sep 30, 2025 | 23.20 |
| Jun 30, 2025 | 26.01 |
| Jun 30, 2025 | 26.01 |
| Jun 30, 2025 | 26.01 |
| Mar 31, 2025 | 23.84 |
| Mar 31, 2025 | 23.84 |
| Mar 31, 2025 | 23.84 |
| Dec 31, 2024 | -24.53 |
| Dec 31, 2024 | -24.53 |
| Dec 31, 2024 | -24.53 |
| Sep 30, 2024 | 24.36 |
| Sep 30, 2024 | 24.36 |