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
DateValue
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