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Last $61.39 USD
Change Today -0.38 / -0.62%
Volume 56.7K
TNC On Other Exchanges
New York
As of 8:04 PM 11/25/15 All times are local (Market data is delayed by at least 15 minutes).

tennant co (TNC) Snapshot

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Day High
Day Low
52 Week High
12/26/14 - $74.82
52 Week Low
09/24/15 - $54.00
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for TENNANT CO (TNC)

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tennant co (TNC) Details

Tennant Company designs, manufactures, and markets cleaning solutions worldwide. It offers floor maintenance and outdoor cleaning equipment, chemical-free and other sustainable cleaning technologies, aftermarket parts and consumables, and specialty surface coatings. The company also provides equipment maintenance and repair services; and business solutions, such as financing, rental, and leasing programs. Its products are used in retail establishments and distribution centers; factories and warehouses; and public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, parking lots and streets, and other environments. The company markets its products to building service contract cleaners and various governmental entities through organization, and a network of authorized distributors under the Tennant, Nobles, Green Machines, Alfa Uma Empresa Tennant, and Orbio brands. Tennant Company was founded in 1870 and is headquartered in Minneapolis, Minnesota.

3,087 Employees
Last Reported Date: 02/27/15
Founded in 1870

tennant co (TNC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $684.9K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $387.5K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $301.7K
Senior Vice President of The Americas
Total Annual Compensation: $293.5K
Compensation as of Fiscal Year 2014.

tennant co (TNC) Key Developments

Tennant Company Launches New Line of TennantTrue Brushes and Pad Drivers

Tennant Company announced the launch of a new line of TennantTrue brushes and pad drivers featuring the Insta-Fit Adapter and a newly designed brush-wear indicator. The self-aligning Insta-Fit Adapter makes changing a disk brush or pad driver easier by guiding the brush or pad driver onto the machine easily, without requiring the operator to line up the brush or pad driver to the hub. The Insta-Fit Adapter is available on most T5 and larger auto scrubber machines at no additional cost. Brush characteristics are identified and tested with the machine's down pressure, brush speed, and water flow to help ensure the brush operates optimally with the machine design. The Insta-Fit Brush Adapter's intuitive design saves time and increases ease of installation through an enhanced self-aligning interface. And, proper installation is confirmed with an audible sound when the brush is engaged. The new Adapter has two yellow touch-points that enable the spring to be pre-loaded for even easier installation. It is designed to require less force for brush and pad driver installation. In addition, Tennant has added a yellow brush wear indicator as a visual cue when it's time to replace worn out brushes, taking the guesswork out of brush maintenance and ensuring appropriate replacement intervals and instituting a consistent cleaning protocol.

Tennant Company Declares Regular Quarterly Cash Dividend, Payable December 15, 2015

Tennant Company declared a regular quarterly cash dividend of 20 cents per share payable December 15, 2015, to shareholders of record at the close of business on November 30, 2015.

Tennant Seeks Acquisitions

Tennant Company (NYSE:TNC) is looking for acquisition opportunities. Tennant Company has filed a shelf registration and the net proceeds from the sale of the offered securities will be added to our general funds and will be available for general corporate purposes, in investments in or advances to our existing or future subsidiaries, additions to working capital, acquisitions.


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Industry Average

Valuation TNC Industry Range
Price/Earnings 31.4x
Price/Sales 1.3x
Price/Book 4.5x
Price/Cash Flow 30.1x
TEV/Sales 1.2x

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