Tennant (TNC) Tax Rate (2010 - 2026)

Tennant has reported Tax Rate for 17 years, with the latest figure at 77.78% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 5394.0% year-over-year to 77.78%; the trailing twelve-month figure through Mar 2026 stood at 25.72% (up 443.0% YoY), and the FY2025 full-year result was 24.35%, up 422.0% from the prior year.
• Tax Rate for Q1 2026 stood at 77.78%, up from 26.67% in the prior quarter.
• The five-year high for Tax Rate was 77.78% in Q1 2026, with the low at 40.91% in Q4 2023.
• Historically, Tax Rate has averaged 18.94% across 5 years, with a median of 23.41% in 2023.
• Annual changes were most pronounced in 2022 — Tax Rate jumped 5434 bps — and 2023, when it tumbled 4455 bps.
• Tennant's Tax Rate stood at 3.64% in 2022, then tumbled by 1223 bps to 40.91% in 2023, then soared by 40 bps to 24.53% in 2024, then surged by 209 bps to 26.67% in 2025, then surged by 192 bps to 77.78% in 2026.
• The last three Tax Rate figures came in at 77.78% (Q1 2026), 26.67% (Q4 2025), and 23.2% (Q3 2025), per Business Quant data.