Tennant (TNC) Tax Rate (2010 - 2026)
Tennant's (TNC) quarterly Tax Rate came in at 77.78% in Q1 2026, up 5394.0% YoY from 1.42% in Q1 2025, and up 191.67% on a QoQ basis from 26.67% in Q4 2025.
Tennant (TNC) Tax Rate (2010 - 2026) Analysis & Trends
Tennant (TNC) has 17 years of Tax Rate data on file, last reported at 77.78% in 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 improved to 77.78% in Q1 2026, from 26.67% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 77.78% in Q1 2026 to a low of 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 tumbled 4455 bps.
- Tracing TNC's Tax Rate over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 257.83 Bn | 244.71 Bn | 2.36 Bn | 29.84% |
| 2 | Eaton | 163.36 Bn | 162.67 Bn | 2.86 Bn | 28.06% |
| 3 | Parker-Hannifin | 126.27 Bn | 125.80 Bn | 2.02 Bn | 19.21% |
| 4 | Emerson Electric | 87.42 Bn | 85.24 Bn | 2.66 Bn | 21.62% |
| 5 | Cummins | 81.55 Bn | 76.88 Bn | 2.47 Bn | 25.14% |
| 6 | Illinois Tool Works | 80.96 Bn | 80.12 Bn | 1.90 Bn | 24.54% |
| 7 | Ametek | 54.63 Bn | 54.14 Bn | 735.04 Mn | 17.36% |
| 8 | Rockwell Automation | 48.56 Bn | 48.08 Bn | 1.14 Bn | 13.19% |
| 9 | Ingersoll Rand | 31.64 Bn | 30.47 Bn | 862.60 Mn | 21.13% |
| 10 | Tennant | 1.16 Bn | 1.09 Bn | 127.90 Mn | 26.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.21% |
| Jun 30, 2026 | 26.21% |
| Jun 30, 2026 | 26.21% |
| 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% |