How profitable is Tennant Company (TNC)?

In FY 2025 (10-K), TNC converted $1.2B of revenue into a 40.2% gross margin, 5.7% operating margin, and $43.3M in free cash flow (3.6% FCF margin).

Stock Ratings / Industrials / TNC / financials

LNN (70) FLNC (21) PSIX (62) EMAT (31) ⌘ Pro Terminal →

Tennant Company (TNC) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$68.73 +3.45% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $69.03

Tennant Company (TNC) carries a Roarable Rating of D (Sell) with 51/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D • SELL / AVOID Cap $1.13B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on TNC Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is TNC stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

▼

As of 2026-11-03, Tennant Company (NYSE: TNC) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 51/100 at a spot price of $68.73 (+3.45% 1D, market cap $1.13B). Pillar breakdown: Fundamental Cash Engine 13/20, Institutional 13F & Options Flow 6/20, SEC Balance-Sheet Forensics 13/20, FRED Macro Regime Fit 6/20, and Executive Insider Alignment 13/20. Across 486 tracked Industrials issuers, TNC ranks #213 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does TNC compare to LNN and FLNC in the Industrials sector?

▼

Within the Industrials sector (Industrial Machinery/Components), TNC carries a Roarable D (51/100 RQD), trailing P/E of 25.9x, gross margin of 40.2%, and ROIC of 9.0%. By comparison, LNN (Lindsay Corporation) holds a B- grade (70/100 RQD, P/E 14.6x, ROIC 16.1%, cap $1.09B) and FLNC (Fluence Energy Inc. (Class A)) posts a E grade (21/100 RQD, P/E N/A, ROIC -12.5%, cap $1.06B). Among the 5-stock peer group, PSIX leads on earnings multiple (9.8x) while PSIX leads on capital efficiency (63.1% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for TNC?

▼

Per TNC's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0000097134), Tennant Company generated $1.20B in revenue (-6.5% YoY), $43.8M in net income, and $43.3M in free cash flow against $1.27B in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Industrials with deep daily trading liquidity. Primary risk factors monitored: Sensitive to high interest rates and tighter Federal Reserve market liquidity. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $69.03 (+0.43%)🧬 Cannibal Buyback (-1.52% YoY Shares)⚙️ Cash Engine: 13/20 (C) • 3.6% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 51/100 (D) historically posted market-perform odds over rolling 90-day windows (-1.3% avg 90D alpha vs SPY • 49.7% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D

JEV AI Jury Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D+ · Rk D

Each axis scored 0–20

12M PRICE TARGET CONE-3.1% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for TNC)Realized 20D OHLCV Swing Band: ±5.3%

Deterministic 5-Pillar Attribution (51/100 Composite)

🔍 WHY TNC SCORES 51/100 (D) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Cash Engine Quality+13/20 pts (25% of score)

SEC XBRL FY 2025 (10-K): 3.6% FCF Margin ($43.3M FCF) & 40.2% Gross Margin

▲ #2 Bullish Driver: SEC 10-K Forensic Risk+13/20 pts (25% of score)

Altman Z-Score 3.13 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 6/9

▼ #1 Drag / Risk Factor: Macro Regime Fit6/20 pts (-14 pt drag)

Macro rate sensitivity & RSI-14 (48.3) create a -14 pt regime headwind

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade D$66.75-1% Next Q

Q2 (-2Q)

Grade D$66.09-0.1% Next Q

Q3 (-1Q)

Grade D$66.02+4.1% Next Q

Current

Grade D$68.73-1.3% Hist 90D α

Trajectory: D (43) → D (51)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a TNC Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While TNC currently carries a cautious 51/100 (D) rating due to Macro Regime Fit (6/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Industrials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($67.57) and Max Pain ($72.17) forces dealer call-delta covering toward $96.53.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Cannibal Buyback (-1.52% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $TNC• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “TNC Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 51%NO 49%Trade / Inspect Odds →

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How TNC Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$43.3M (3.6% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $1.24B

FY24

Rev $1.29B

FY25

Rev $1.20B

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$1.20B	40.2%	5.7%	$43.8M	$43.3M	9%
FY 2024	$1.29B	42.7%	8.9%	$83.7M	$68.8M	14.5%
FY 2023	$1.24B	40.2%	11.1%	$109.5M	$188.4M	9%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring TNC)

✓Walkthrough of TNC's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

TNC // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -16.13%📐 HORIZONTAL RANGE

2026-11-03O $66.64H $68.73L $66.44C $68.73VOL 205.8K

RES: $91.36SUP: $64.17SMA50: $67.57SMA200: $75.80

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

TNC Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 TNC Butterfly Map → + Track TNC →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

19.6%/yr Implied 5Y Growth

vs. -6.5% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on TNC today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for TNC. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for TNC today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (TNC)

Industrials Rank #213 of 486 ⚔️ LNN vs TNC Full Matrix →

1. Head-to-Head Industrials Peer Comparison (TNC vs. LNN, FLNC, PSIX, EMAT)

Industry: Industrial Machinery/Components (208 Tracked Issuers)

Across 486 tracked Industrials securities in the Roarable RQD universe, Tennant Company (TNC) ranks #213 by composite RQD confidence (51/100, grade D) and #239 by equity capitalization ($1.13B). Within this direct 5-issuer industry benchmark cohort, PSIX leads on earnings valuation at 9.8x trailing P/E, while PSIX leads on capital efficiency and profitability with 63.1% ROIC and 25.6% gross margin. LNN currently holds the highest overall quantitative score in the immediate peer group at 70/100 (B-) compared with TNC at 51/100 (D).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
TNC ACTIVE Tennant Company	D	51/100	25.9x	40.2%	9.0%	+3.45%	$1.13B	Benchmark Subject
LNN Lindsay Corporation	B-	70/100	14.6x	32.0%	16.1%	+1.96%	$1.09B	/lnn-vs-tnc →
FLNC Fluence Energy Inc. (Class A)	E	21/100	—	13.1%	-12.5%	-8.92%	$1.06B	/flnc-vs-tnc →
PSIX Power Solutions International Inc.	C	62/100	9.8x	25.6%	63.1%	+1.27%	$1.05B	/psix-vs-tnc →
EMAT Evolution Metals & Technologies Corp.	E	31/100	—	—	-3.0%	-7.27%	$1.05B	/emat-vs-tnc →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0000097134 ↗

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Tennant Company (TNC) reported GAAP revenue of $1.20B (-6.5% vs. FY2024 revenue of $1.29B , and -3.2% cumulative change since FY2023) , GAAP net income of $43.8M, operating cash flow of $65.0M, and free cash flow of $43.3M (-37.1% YoY). On the balance sheet, TNC closed FY2025 with $1.27B in total assets against $0 in total debt (Altman Z-Score: 3.13, Piotroski F-Score: 6/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$1.20B	$43.8M	$65.0M	$43.3M	$1.27B	—
FY2024 (FY)	2024-12-31	$1.29B	$83.7M	$89.7M	$68.8M	$1.19B	—
FY2023 (FY)	2023-12-31	$1.24B	$109.5M	$188.4M	$188.4M	—	—

3. TNC Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is TNC stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does TNC compare to LNN and FLNC in the Industrials sector?

What are the biggest fundamental strengths and SEC risk factors for TNC?

Where is TNC trading relative to its 50-day, 200-day, and 52-week technical levels?

TNC last traded at $68.73 (+3.45% on volume of 171,752 shares), positioning the stock +1.72% above its 50-day simple moving average ($67.57) and -9.33% below its 200-day simple moving average ($75.80). Across its 52-week range of $60.18 to $91.93, TNC sits at the 26.9% percentile with a 14-day RSI of 48.3 (NEUTRAL RANGE) and an implied next-earnings move of ±5.3% ($65.09 to $72.37).

Direct Sub-Reports: TNC RQD Cockpit TNC 12M Forecast TNC Earnings & Move TNC Dividends & DRIP TNC Insiders & 13F TNC Whale Options TNC Profit Sankey TNC News & Why

ROARABLE RATING BRIEF • RQD 51/100 (D) ✓ SEC XBRL & RQD VERIFIED

TNC — Tennant Company: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

Tennant Company (TNC) earns a live Roarable RQD composite score of 51/100, corresponding to a D letter grade (Roarable Sell) at a spot price of $68.73 (+3.45% 1D, market capitalization $1.13B).

Fundamental Cash Engine (13/20): Anchored by return on invested capital (ROIC) of 9.0%, gross margin of 40.2%, operating margin of 5.7%, and free cash flow yield of 3.81%.
Whale 13F & Options Flow (6/20) + Insider Conviction (13/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (6/20) + Forensic Balance Sheet (13/20): Incorporates a 1.00x equity beta, Altman Z-Score of 3.13, Piotroski F-Score of 6/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

Tennant Company (TNC) is a NYSE-listed issuer in the Industrials sector, operating within the Industrial Machinery/Components industry. It carries a market capitalization of $1.1B. Per the market data, the company reports a gross margin of 40.2%, operating margin of 5.7%, and net margin of 3.6%.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Tennant Company (TNC) reported $1.20B in annual revenue (up from $1.29B in FY2024, -6.5% YoY) and $43.8M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($1.24B revenue, $109.5M net income) through FY2025, TNC scaled operating cash flow to $65.0M and free cash flow to $43.3M, backed by $1.27B in total assets against $0 in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (D • RQD 51/100): Established market leader in Industrials with deep daily trading liquidity. Free cash flow yield of 3.81% and institutional whale pillar of 6/20. With Fundamental Cash Engine at 13/20 and Institutional Whale Flow at 6/20, sustained execution supports upside toward the upper end of the $60.18 – $91.93 52-week range.
🐻 Primary Bear Case & Valuation Risk: Sensitive to high interest rates and tighter Federal Reserve market liquidity. Investors must weigh 25.9x trailing P/E and 13.1x EV/EBITDA against 5.7% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Operating in Industrial Machinery/Components (Industrials), TNC carries a macro regime beta of 1.00 and gross margin of 40.2%.

Key Question #1: Can TNC sustain or expand its 5.7% operating margin and 9.0% ROIC against Industrial Machinery/Components peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $1.20B and free cash flow of $43.3M, how will capital allocation balance growth reinvestment against $0 in total debt?
Key Question #3: How sensitive is TNC's 24.1x forward P/E multiple to Industrials capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

TNC Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Tennant Company (TNC) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to TNC Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo Finance • 22h ago

Tennant Company to Report Third Quarter 2026 Results on November 2, 2026

Yahoo Finance report covering Tennant Company (TNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Seeking Alpha • 1d ago

Tennant: An Overvalued Dividend King Facing Margin Pressures (NYSE:TNC)

Seeking Alpha report covering Tennant Company (TNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingView • 1d ago

Tennant (TNC) Q3 earnings: what to expect

TradingView report covering Tennant Company (TNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE MarketBeat • 1d ago

Kopion Asset Management LLC Grows Stock Holdings in Tennant Company $TNC

MarketBeat report covering Tennant Company (TNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

Tennant Company (TNC) Stock Forecasts

Yahoo Finance report covering Tennant Company (TNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Yahoo Finance • 1d ago

Q2 Earnings Outperformers: Tennant (NYSE:TNC) And The Rest Of The Water Infrastructure Stocks

Yahoo Finance report covering Tennant Company (TNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH ad-hoc-news.de • 1d ago

Tennant cuts 2026 profit outlook: Argus targets Tennant Company stock at USD 63.00

ad-hoc-news.de report covering Tennant Company (TNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE https://www.siam.in/ • 1d ago

Tennant Company (TNC) Holds Firm at $66.26 as Buyers Defend Support - Outside Reversal

https://www.siam.in/ report covering Tennant Company (TNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

TNC Bull vs. Bear Conversation Board — What's Your Call at $68.73?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON TNC 🐻 33% BEARISH CONVICTION

BR BreakoutHunter RQD DEBATE OPENER • Swing & Catalyst Trader 🐂 BULLISH 🎯 Target: $86.37 (+30.0%)

📌 Pinned Debate

Per the RQD rating, Forensic Balance Sheet (Altman Z 3.13, Piotroski F 6/9, Debt/Equity 0.5) is a mid-range pillar, and the stock carri

Here is why I am bullish on TNC here at $66.44: Per the RQD rating, Forensic Balance Sheet (Altman Z 3.13, Piotroski F 6/9, Debt/Equity 0.5) is a mid-range pillar, and the stock carries a 1.93% dividend yield.. Compare TNC's 5.7% operating margin and 9.0% ROIC against the rest of Industrial Machinery/Components. As long as cash conversion holds up, dips toward $63.12 are getting bought.

SectorRotator 🐂 BULL

@CreditSpread_Watch Fair point on 25.9x trailing P/E, but you're ignoring the forward operating leverage in Industrial Machinery/Components. If gross margin (40.2%) holds, EPS grows into the multiple faster than bears think.

CR CreditSpread_Watch RQD DEBATE OPENER • Balance Sheet Analyst 🐻 BEARISH 🎯 Target: $54.48 (-18.0%)

Spot @ $66.44

Revenue fell from $1.24B to $1.20B and net income from $109.5M to $43.8M across FY 2023–FY 2025 while the stock trades at a 25.9 tr

Sitting on the sidelines or leaning short TNC above $66.44. Revenue fell from $1.24B to $1.20B and net income from $109.5M to $43.8M across FY 2023–FY 2025 while the stock trades at a 25.9 trailing P/E.. Until Fundamental Cash Engine (13/20) and FCF yield (3.81%) inflect higher, upside is capped near $91.93.