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Last $66.73 USD
Change Today -0.46 / -0.68%
Volume 37.1K
TNC On Other Exchanges
New York
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

tennant co (TNC) Snapshot

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52 Week High
07/24/14 - $77.78
52 Week Low
04/28/14 - $61.50
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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
Executive Officer
Total Annual Compensation: $359.6K
Compensation as of Fiscal Year 2014.

tennant co (TNC) Key Developments

Tennant Company Announces Lunch of ec-H2O NanoClean

Tennant Company announced ec-H2O NanoClean, the next generation of the sustainable cleaning technology ec-H2O. This next generation solution offers the same great benefits of the original and now cleans better, cleans more soils, and is effective in more applications. Like the original ec-H2O, ec-H2O NanoClean technology electrically converts water into an innovative cleaning solution that cleans effectively, saves money and reduces environmental impact compared to daily floor cleaning chemicals. This converted water is created by an on-board e-cell that generates millions of microscopic bubbles nanobubbles per milliliter of solution. These nanobubbles then promote the cleaning efficacy of the solution. Bulk nanobubbles may be defined as nanoscopic gaseous domains less than 1,000 nanometers in diameter. They are spherical in shape, mobile and suspended in an aqueous environment/solution at ambient temperatures. Studies by independent parties have determined that they are gas-filled and stable for minutes to hours. Tennant and third-party scientists have demonstrated in the lab a direct connection between nanobubbles and cleaning efficacy which Tennant has translated into improved cleaning performance in customer environments. Experiences from customers using ec-H2O NanoClean in their environments are documented at NanoClean Customer Testimonials.

Tennant Company Announces Executive Changes

Tennant Company announced the hiring of Jeffrey C. Moorefield as Senior Vice President of Global Operations, replacing Don Westman who will retire on June 2, 2015, after nine years with the company. Mr. Moorefield comes to Tennant from Minneapolis-based Pentair Inc., where his most recent position was Global VP of Operations-Technical Solutions. Previously, he held the same title for Pentair’s Filtration and Process business and Water Purification business. Mr. Moorefield’s appointment is effective as of April 20, 2015. His office will be located at Tennant Company world headquarters in Golden Valley, Minn.

Tennant Company Adds New Backpack Vacuums to Full Line of Vacuum Solutions

Tennant Company has added four new backpack vacuums to its full line of vacuums, providing a vacuum solution for almost every environment. The Tennant V-BP-6, V-BP-10, Nobles Aspen-6 and Aspen-10 are designed for professional cleaners to make vacuuming easier, more comfortable and, ultimately, more productive. These enhanced backpack vacuums are designed with comfort and safety in mind, featuring a hiking harness designed by Deuter, the world leader in hiking backpacks. The Deuter harness can fully adjust to operator’s size and offers a breathable mesh to reduce operator exertion and minimize heat on the operator’s back. Other benefits of the new Tennant V-BP-6 and V-BP-10 include: a kettle plug with built-in 90-degree strain relief to protect the cord and an affixed on/off switch located on the hip belt; new, lower 67 dBA noise level and 4-stage filtration with HEPA; certified Gold by the Carpet and Rug Institute's seal of approval program when using the Hi-Performance Tool; three new tool kit options highlighted by the premium Sidewinder Kit that provides up to 50% more productive cleaning than traditional push-pull wands and increased vacuum water-lift of 119 in /3023 mm is greater than leading competitors.


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Valuation TNC Industry Range
Price/Earnings 24.9x
Price/Sales 1.5x
Price/Book 4.4x
Price/Cash Flow 24.5x
TEV/Sales 1.4x

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