EBITDA for Tennant (TNC)
According to Tennant's latest reported financial statements, the company's current EBITDA (TTM) is $125.60M USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TNC
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$125.60M
YoY change
-25.7%
5Y CAGR
+2.3%
Peak year (2023)
$188.40M
Cumulative EBITDA
$2.69B
EBITDA history chart for Tennant (TNC) from 1985 to 2025
EBITDA history table for Tennant (TNC) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $125.60M | -25.7% | ||
| 2024 | $169.00M | -10.3% | ||
| 2023 | $188.40M | +39.2% | ||
| 2022 | $135.30M | +0.6% | ||
| 2021 | $134.50M | +20.2% | ||
| 2020 | $111.90M | -11.3% | ||
| 2019 | $126.20M | +11.1% | ||
| 2018 | $113.60M | +68.7% | ||
| 2017 | $67.36M | -22.4% | ||
| 2016 | $86.80M | +0.8% | ||
| 2015 | $86.15M | -6.5% | ||
| 2014 | $92.16M | +7.6% | ||
| 2013 | $85.67M | +2.9% | ||
| 2012 | $83.28M | +15.0% | ||
| 2011 | $72.39M | +25.8% | ||
| 2010 | $57.54M | +4282.2% | ||
| 2009 | $1.31M | -97.0% | ||
| 2008 | $44.48M | -42.0% | ||
| 2007 | $76.66M | +41.2% | ||
| 2006 | $54.28M | +13.4% | ||
| 2005 | $47.88M | +39.7% | ||
| 2004 | $34.28M | -6.2% | ||
| 2003 | $36.55M | +0.1% | ||
| 2002 | $36.52M | -14.5% | ||
| 2001 | $42.70M | -30.7% | ||
| 2000 | $61.62M | +8.9% | ||
| 1999 | $56.61M | +3.1% | ||
| 1998 | $54.89M | +2.6% | ||
| 1997 | $53.50M | +11.5% | ||
| 1996 | $48.00M | +8.4% | ||
| 1995 | $44.30M | +19.1% | ||
| 1994 | $37.20M | +40.9% | ||
| 1993 | $26.40M | 0.0% | ||
| 1992 | $26.40M | +3.5% | ||
| 1991 | $25.50M | -9.6% | ||
| 1990 | $28.20M | +0.4% | ||
| 1989 | $28.10M | +7.3% | ||
| 1988 | $26.20M | +11.5% | ||
| 1987 | $23.50M | +6.3% | ||
| 1986 | $22.10M | +12.2% | ||
| 1985 | $19.70M | — |
EBITDA values are taken from Tennant's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual EBITDA for Tennant (TNC) came in at $125.60M – declined 25.7% year-over-year.
Through 2020–2025 (5 years), Tennant EBITDA delivered a +2.3% annualised rate; with the latest reading among the more recent periods of the dataset.
Tennant EBITDA peaked at $188.40M in 2023; the latest annual figure is $125.60M in 2025 (33.3% below peak).
The dataset's maximum EBITDA sits at $188.40M (2023); the minimum reading of $1.31M dates to 2009.
Tennant (TNC) sits 9th of 8 Industrials peers we track on this metric, against a peer median of $11.86B.
Tennant EBITDA by Year
Tennant EBITDA 2025: $125.60M
Tennant EBITDA in 2025 was $125.60M, declined 25.7% below 2024.
Tennant EBITDA 2024: $169.00M
Tennant EBITDA in 2024 was $169.00M, declined 10.3% below 2023.
Tennant EBITDA 2023: $188.40M
Tennant EBITDA in 2023 was $188.40M, surged 39.2% from 2022. This figure represents the highest annual value in the available history.
Tennant EBITDA 2022: $135.30M
Tennant EBITDA in 2022 was $135.30M, edged up 0.6% from 2021.
Tennant EBITDA 2021: $134.50M
Tennant EBITDA in 2021 was $134.50M.
See more financial history for Tennant (TNC).
Sector peers — EBITDA
Companies in the same sector as Tennant, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $14.86B | Industrials |
| Union Pacific Corporation (UNP) | $12.95B | Industrials |
| RTX Corporation (RTX) | $12.89B | Industrials |
| GE Aerospace (GE) | $12.06B | Industrials |
| Deere & Company (DE) | $11.66B | Industrials |
| Honeywell International Inc. (HON) | $8.21B | Industrials |
| The Boeing Company (BA) | $7.36B | Industrials |
| Eaton Corporation plc (ETN) | $5.95B | Industrials |
Frequently asked questions
What is Tennant's EBITDA?
Latest reported EBITDA for Tennant (TNC) is $125.60M (period ending December 31, 2025).
How has Tennant EBITDA changed year-over-year?
Tennant (TNC) EBITDA changed -25.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Tennant EBITDA?
Tennant (TNC) EBITDA compound annual growth rate is +2.3% over the most recent 5 years available.
When did Tennant EBITDA hit its highest annual value?
Tennant EBITDA reached its highest annual value of $188.40M in 2023.
What was Tennant EBITDA in 2024?
Tennant (TNC) EBITDA in 2024 was $169.00M.
What was Tennant EBITDA in 2025?
Tennant (TNC) EBITDA in 2025 was $125.60M.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
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