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

H. Chris Killingstad
Fiscal year end
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

TNC stock data


28 Apr 22
20 May 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
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
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


Content analysis

8th grade Good
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Thread forming apparatus and method for rotationally molded product
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