Loading...
Docoh

Tennant (TNC)

Founded in 1870, Tennant Company (TNC), headquartered in Minneapolis, Minnesota, is a world leader in designing, manufacturing and marketing solutions that empower customers to achieve quality cleaning performance, reduce their environmental impact and help create a cleaner, safer, healthier world. Its products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; detergent-free and other sustainable cleaning technologies; cleaning tools and supplies; and coatings for protecting, repairing and upgrading surfaces. Tennant's global field service network is the most extensive in the industry. Tennant Company had sales of $1.14 billion in 2019 and has approximately 4,400 employees. Tennant has manufacturing operations throughout the world and sells products directly in 15 countries and through distributors in more than 100 countries. For more information, visit www.tennantco.com and www.ipcworldwide.com. The Tennant Company logo and other trademarks designated with the symbol '®' are trademarks of Tennant Company registered in the United States and/or other countries.

Company profile

Ticker
TNC
Exchange
CEO
H. Chris Killingstad
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
Anhui Rongen Environmental Protection Technology Co., Ltd. • Applied Kehrmaschinen GmbH • Applied Sweepers Group Leasing Limited • Applied Sweepers Holdings Limited • Applied Sweepers International Limited • CT Corporation Ltd. • Eagle International LLC • Floorep Limited • Hefei Gaomei Cleaning Machines Co., Ltd. • Hofmans Machinefabriek en Constructiebedrijf B.V. ...
IRS number
410572550

TNC stock data

Calendar

28 Apr 22
20 May 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 110.4M 110.4M 110.4M 110.4M 110.4M 110.4M
Cash burn (monthly) 4.4M 5.4M (no burn) (no burn) 3.37M (no burn)
Cash used (since last report) 7.29M 8.95M n/a n/a 5.58M n/a
Cash remaining 103.11M 101.45M n/a n/a 104.82M n/a
Runway (months of cash) 23.4 18.8 n/a n/a 31.1 n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
7 May 22 West Fay Common Stock Payment of exercise Dispose F No No 60.51 1,963 118.78K 16,113
3 May 22 Eicher Carol S Common Stock Grant Acquire A No No 0 1,736 0 21,528
3 May 22 Green Maria C Common Stock Grant Acquire A No No 0 1,736 0 6,884
3 May 22 Timothy R. Morse Common Stock Grant Acquire A No No 0 1,736 0 3,289
3 May 22 Sonnenberg Steven Alan Common Stock Grant Acquire A No No 0 1,736 0 21,547.04
91.8% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 163 175 -6.9%
Opened positions 10 16 -37.5%
Closed positions 22 23 -4.3%
Increased positions 53 56 -5.4%
Reduced positions 62 63 -1.6%
13F shares Current Prev Q Change
Total value 1.35B 1.38B -2.3%
Total shares 17.05M 17.01M +0.3%
Total puts 6.8K 0 NEW
Total calls 5.5K 4.7K +17.0%
Total put/call ratio 1.2
Largest owners Shares Value Change
BLK Blackrock 2.84M $224M +1.3%
Vanguard 2.04M $161.03M -0.1%
ArrowMark Colorado 1.88M $148.24M -6.9%
Mairs & Power 1.67M $131.38M -0.8%
Clearbridge Advisors 817.08K $64.39M +0.4%
PrimeStone Capital 761.37K $61.15M 0.0%
STT State Street 636.44K $50.15M +4.2%
Dimensional Fund Advisors 564.64K $44.49M -0.1%
P2 Capital Partners 500K $39.4M 0.0%
Deprince Race & Zollo 493.47K $38.89M +31.8%
Largest transactions Shares Bought/sold Change
Thrivent Financial For Lutherans 484.62K +384.37K +383.4%
Norges Bank 0 -204.37K EXIT
ArrowMark Colorado 1.88M -139.5K -6.9%
Deprince Race & Zollo 493.47K +118.97K +31.8%
BLK Blackrock 2.84M +35.44K +1.3%
UBS UBS Group AG - Registered Shares 63.15K +33.68K +114.3%
Russell Investments 140.69K -30.15K -17.6%
STT State Street 636.44K +25.84K +4.2%
Penn Capital Management 0 -24.82K EXIT
Aqr Capital Management 4.29K -15.76K -78.6%

Financial report summary

?
Competition
Diversey

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Good
New words: accepted, adhering, agile, applying, audit, Australian, began, building, cancelled, closer, component, comprised, confident, conflict, coupled, criteria, demand, diminished, employing, engineering, exposed, FASB, fully, Golden, highly, inflation, inflationary, Interbank, jurisdiction, larger, local, located, London, met, minimize, Minnesota, obtain, Offered, penalty, persistent, platform, portfolio, postponed, predominately, primary, Russia, softer, sourcing, specifically, stemming, Ukraine, upside, Valley, volatile
Removed: America, arrangement, Asia, begun, broader, Canadian, charge, decision, dedicated, deliver, detail, discontinue, effort, existing, final, flat, fourth, globally, improve, influenced, integration, Japan, macroeconomic, Mexican, model, North, occur, operate, Pacific, partially, peso, point, prioritized, profitability, projected, Reclassification, reclassified, reduced, reduction, removing, response, restrictive, restructured, rolling, significantly, Simplifying, streamline, strength, team, temporary, trade, travel, vaccination, vaccine, workforce

Patents

Utility
Thread forming apparatus and method for rotationally molded product
18 Jan 22
A thread forming apparatus for forming threads in a rotational molding apparatus comprising a molding pin having a generally elongate shape, at least a portion of the molding pin having a threaded portion, the molding pin adapted to rotate along with the mold and receive the plastic material on at least the threaded portion, the molding pin being releasable relative to the mold such that once the plastic material coats the threaded portion of the molding pin and forms a threaded portion on the molded product, the molding pin is completely removed from the mold.
Design
Interchangeable scrub brush or scrub pad for a floor maintenance vehicle
7 Dec 21
Inventors: Leo J. Baker, Jeremy C. Stoddard, Steven J. Leibrandt, Nathan Scott Meyer, Justin M. Clark
Utility
Fluid Dispensing System and Method
11 Nov 21
A system and method for dispensing a treatment fluid is provided.
Utility
Surface maintenance machine with removable storage
26 Oct 21
A coupling mechanism for removably coupling a storage cart to a surface maintenance machine includes a cart-side connector connectable to the storage cart and a machine-side connector connectable to the surface maintenance machine.
Utility
Application of Cleaning Solution on a Surface Maintenance Machine
16 Sep 21
A surface maintenance machine comprises a surface maintenance head assembly with attached surface maintenance tool for collecting debris/fluid using a fluid delivery/recovery system.