What is Tennant's EBITDA margin?

Latest reported EBITDA margin for Tennant (TNC) is 9.19% as of the trailing twelve months (TTM) ending March 31, 2026.

How has Tennant EBITDA margin changed year-over-year?

Tennant (TNC) EBITDA margin changed −2.7 percentage points year-over-year on the latest annual filing.

When did Tennant EBITDA margin hit its highest annual value?

Tennant EBITDA margin reached its highest annual value of 15.15% in 2023.

What was Tennant EBITDA margin in 2024?

Tennant (TNC) EBITDA margin in 2024 was 13.13%.

What was Tennant EBITDA margin in 2025?

Tennant (TNC) EBITDA margin in 2025 was 10.44%.

Tennant (TNC) EBITDA Margin — Annual & Quarterly %

TTM

9.2%

YoY change

−2.70pp

Trough year (2009)

0.2%

Peak year (2023)

15.1%

EBITDA Margin history chart for Tennant (TNC) from 1985 to 2025

Latest: 10.4%

EBITDA Margin change chart for Tennant (TNC) from 1985 to 2025

Latest: −2.70pp

EBITDA Margin history table for Tennant (TNC) from 1985 to 2025


2025	10.4%	-2.70pp	Dec 31, 2025	Feb 24, 2026
2024	13.1%	-2.02pp	Dec 31, 2024	Feb 18, 2025
2023	15.1%	+2.76pp	Dec 31, 2023	Feb 22, 2024
2022	12.4%	+0.06pp	Dec 31, 2022	Feb 23, 2023
2021	12.3%	+1.15pp	Dec 31, 2021	Feb 24, 2022
2020	11.2%	+0.09pp	Dec 31, 2020	Feb 25, 2021
2019	11.1%	+0.98pp	Dec 31, 2019	Feb 27, 2020
2018	10.1%	+3.40pp	Dec 31, 2018	Feb 28, 2019
2017	6.7%	-4.02pp	Dec 31, 2017	Feb 28, 2018
2016	10.7%	+0.12pp	Dec 31, 2016	Mar 1, 2017
2015	10.6%	-0.60pp	Dec 31, 2015	Feb 29, 2016
2014	11.2%	-0.18pp	Dec 31, 2014	Feb 27, 2015
2013	11.4%	+0.12pp	Dec 31, 2013	Feb 28, 2014
2012	11.3%	+1.67pp	Dec 31, 2012	Feb 22, 2013
2011	9.6%	+0.98pp	Dec 31, 2011	Feb 24, 2012
2010	8.6%	+8.40pp	Dec 31, 2010	Feb 28, 2011
2009	0.2%	-6.12pp	Dec 31, 2009	Mar 1, 2010
2008	6.3%	-5.20pp	Dec 31, 2008	Mar 16, 2009
2007	11.5%	+2.48pp	Dec 31, 2007	Mar 5, 2008
2006	9.1%	+0.40pp	Dec 31, 2006	Mar 5, 2007
2005	8.7%	+1.91pp	Dec 31, 2005	Mar 2, 2006
2004	6.8%	-1.30pp	Dec 31, 2004	Mar 11, 2005
2003	8.1%	-0.56pp	Dec 31, 2003	Mar 15, 2004
2002	8.6%	-1.48pp	Dec 31, 2002	Mar 25, 2003
2001	10.1%	-3.48pp	Dec 31, 2001	Mar 29, 2002
2000	13.6%	+0.39pp	Dec 31, 2000	Mar 30, 2001
1999	13.2%	-0.91pp	Dec 31, 1999	Apr 10, 2000
1998	14.1%	-0.27pp	Dec 31, 1998	Mar 25, 1999
1997	14.4%	+0.43pp	Dec 31, 1997	Mar 26, 1998
1996	13.9%	+0.32pp	Dec 31, 1996	Mar 25, 1997
1995	13.6%	+0.41pp	Dec 31, 1995	Mar 26, 1996
1994	13.2%	+1.26pp	Dec 31, 1994	Mar 23, 1995
1993	11.9%	-0.34pp	Dec 31, 1993	Dec 31, 1993
1992	12.3%	-0.56pp	Dec 31, 1992	Dec 31, 1992
1991	12.8%	-0.49pp	Dec 31, 1991	Dec 31, 1991
1990	13.3%	-0.92pp	Dec 31, 1990	Dec 31, 1990
1989	14.3%	+0.01pp	Dec 31, 1989	Dec 31, 1989
1988	14.2%	+0.17pp	Dec 31, 1988	Dec 31, 1988
1987	14.1%	-0.51pp	Dec 31, 1987	Dec 31, 1987
1986	14.6%	+0.16pp	Dec 31, 1986	Dec 31, 1986
1985	14.4%	—	Dec 31, 1985	Dec 31, 1985

202510.4%-2.70pp
202413.1%-2.02pp
202315.1%+2.76pp
202212.4%+0.06pp
202112.3%+1.15pp
202011.2%+0.09pp
201911.1%+0.98pp
201810.1%+3.40pp
20176.7%-4.02pp
201610.7%+0.12pp
201510.6%-0.60pp
201411.2%-0.18pp
201311.4%+0.12pp
201211.3%+1.67pp
20119.6%+0.98pp
20108.6%+8.40pp
20090.2%-6.12pp
20086.3%-5.20pp
200711.5%+2.48pp
20069.1%+0.40pp
20058.7%+1.91pp
20046.8%-1.30pp
20038.1%-0.56pp
20028.6%-1.48pp
200110.1%-3.48pp
200013.6%+0.39pp
199913.2%-0.91pp
199814.1%-0.27pp
199714.4%+0.43pp
199613.9%+0.32pp
199513.6%+0.41pp
199413.2%+1.26pp
199311.9%-0.34pp
199212.3%-0.56pp
199112.8%-0.49pp
199013.3%-0.92pp
198914.3%+0.01pp
198814.2%+0.17pp
198714.1%-0.51pp
198614.6%+0.16pp
198514.4%—

EBITDA Margin values are taken from Tennant's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at Tennant (TNC)

According to Tennant's latest reported financial statements, the company's latest reported EBITDA margin is 9.2%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending March 31, 2026 (reported May 5, 2026). Chart and table below cover the full reported history back to 1985.

In 2025, Tennant (TNC) EBITDA margin totalled 10.44% – contracted 2.7 percentage points year-over-year.

The highest annual EBITDA margin of 15.15% was reported in 2023. The lowest in the available history was 0.22% in 2009.

Tennant EBITDA Margin by Year

Tennant EBITDA Margin 2025: 10.4%

In 2025, Tennant reported EBITDA margin of 10.44%, contracted 2.7 percentage points from 2024.

Tennant EBITDA Margin 2024: 13.1%

Tennant EBITDA margin in 2024 was 13.13%, contracted 2.0 percentage points from 2023.

Tennant EBITDA Margin 2023: 15.1%

2023's EBITDA margin for Tennant came in at 15.15%, expanded 2.8 percentage points from 2022. This figure represents the highest annual value in the available history.

Tennant EBITDA Margin 2022: 12.4%

Tennant posted EBITDA margin of 12.39% in 2022, expanded 0.1 percentage points from 2021.

Tennant EBITDA Margin 2021: 12.3%

Tennant EBITDA margin in 2021 was 12.33%.

See more financial history for Tennant (TNC).

Sector peers by EBITDA Margin

Industrials peers of Tennant (TNC), ranked by their latest EBITDA margin


Union Pacific (UNP)	52.5%
GE Aerospace (GE)	22.8%
Deere & Company (DE)	22.5%
Caterpillar (CAT)	21.6%
Eaton Corporation (ETN)	20.7%
Honeywell International (HON)	17.8%
RTX (RTX)	17.1%
Boeing (BA)	7.9%

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