TTM
39.5%
YoY change
−2.50pp
Trough year (2001)
36.4%
Peak year (1992)
48.1%
Latest annual
40.2%
Gross Margin history chart for Tennant (TNC) from 1985 to 2025
Latest: 40.2%
Gross Margin change chart for Tennant (TNC) from 1985 to 2025
Latest: −2.50pp
Gross Margin history table for Tennant (TNC) from 1985 to 2025
| 2025 | 40.2% | -2.50pp | ||
| 2024 | 42.7% | +0.30pp | ||
| 2023 | 42.4% | +3.90pp | ||
| 2022 | 38.5% | -1.62pp | ||
| 2021 | 40.2% | -0.59pp | ||
| 2020 | 40.7% | +0.15pp | ||
| 2019 | 40.6% | +0.97pp | ||
| 2018 | 39.6% | -0.71pp | ||
| 2017 | 40.3% | -3.16pp | ||
| 2016 | 43.5% | +0.49pp | ||
| 2015 | 43.0% | +0.12pp | ||
| 2014 | 42.9% | -0.46pp | ||
| 2013 | 43.3% | -0.68pp | ||
| 2012 | 44.0% | +1.69pp | ||
| 2011 | 42.3% | -0.25pp | ||
| 2010 | 42.6% | +1.28pp | ||
| 2009 | 41.3% | +0.49pp | ||
| 2008 | 40.8% | -1.19pp | ||
| 2007 | 42.0% | +0.00pp | ||
| 2006 | 42.0% | -0.48pp | ||
| 2005 | 42.5% | +2.60pp | ||
| 2004 | 39.9% | -0.14pp | ||
| 2003 | 40.0% | -0.02pp | ||
| 2002 | 40.0% | +3.65pp | ||
| 2001 | 36.4% | -8.01pp | ||
| 2000 | 44.4% | -0.48pp | ||
| 1999 | 44.9% | -2.22pp | ||
| 1998 | 47.1% | +0.24pp | ||
| 1997 | 46.9% | +0.78pp | ||
| 1996 | 46.1% | -1.18pp | ||
| 1995 | 47.3% | +0.26pp | ||
| 1994 | 47.0% | -0.92pp | ||
| 1993 | 47.9% | -0.15pp | ||
| 1992 | 48.1% | +0.13pp | ||
| 1991 | 47.9% | +1.32pp | ||
| 1990 | 46.6% | -0.36pp | ||
| 1989 | 47.0% | +0.33pp | ||
| 1988 | 46.7% | -0.62pp | ||
| 1987 | 47.3% | -0.38pp | ||
| 1986 | 47.7% | +0.48pp | ||
| 1985 | 47.2% | — |
- 202540.2%-2.50pp
- 202442.7%+0.30pp
- 202342.4%+3.90pp
- 202238.5%-1.62pp
- 202140.2%-0.59pp
- 202040.7%+0.15pp
- 201940.6%+0.97pp
- 201839.6%-0.71pp
- 201740.3%-3.16pp
- 201643.5%+0.49pp
- 201543.0%+0.12pp
- 201442.9%-0.46pp
- 201343.3%-0.68pp
- 201244.0%+1.69pp
- 201142.3%-0.25pp
- 201042.6%+1.28pp
- 200941.3%+0.49pp
- 200840.8%-1.19pp
- 200742.0%+0.00pp
- 200642.0%-0.48pp
- 200542.5%+2.60pp
- 200439.9%-0.14pp
- 200340.0%-0.02pp
- 200240.0%+3.65pp
- 200136.4%-8.01pp
- 200044.4%-0.48pp
- 199944.9%-2.22pp
- 199847.1%+0.24pp
- 199746.9%+0.78pp
- 199646.1%-1.18pp
- 199547.3%+0.26pp
- 199447.0%-0.92pp
- 199347.9%-0.15pp
- 199248.1%+0.13pp
- 199147.9%+1.32pp
- 199046.6%-0.36pp
- 198947.0%+0.33pp
- 198846.7%-0.62pp
- 198747.3%-0.38pp
- 198647.7%+0.48pp
- 198547.2%—
Gross 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 Gross Margin at Tennant (TNC)
According to Tennant's latest reported financial statements, the company's latest reported gross margin is 39.5%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Tennant (TNC) gross margin totalled 40.24% – contracted 2.5 percentage points year-over-year.
The highest annual gross margin of 48.07% was reported in 1992. The lowest in the available history was 36.38% in 2001.
Tennant Gross Margin by Year
Tennant Gross Margin 2025: 40.2%
Tennant posted gross margin of 40.24% in 2025, contracted 2.5 percentage points from 2024.
Tennant Gross Margin 2024: 42.7%
In 2024, Tennant reported gross margin of 42.75%, expanded 0.3 percentage points from 2023.
Tennant Gross Margin 2023: 42.4%
Tennant gross margin in 2023 was 42.44%, expanded 3.9 percentage points from 2022.
Tennant Gross Margin 2022: 38.5%
2022's gross margin for Tennant came in at 38.54%, contracted 1.6 percentage points from 2021.
Tennant Gross Margin 2021: 40.2%
Tennant gross margin in 2021 was 40.15%.
See more financial history for Tennant (TNC).
Sector peers by Gross Margin
Industrials peers of Tennant (TNC), ranked by their latest gross margin
| 45.7% | |
| 36.9% | |
| 36.9% | |
| 35.1% | |
| 34.8% | |
| 32.5% | |
| 20.2% | |
| 4.8% |
- 45.7%
- 35.1%
- 34.8%
- 32.5%
- 20.2%
- 4.8%
Frequently asked questions
Tennant (TNC) Key Financials
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