Gross Profit for Tennant (TNC)
According to Tennant's latest reported financial statements, the company's current gross profit (TTM) is $484.30M USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
TNC
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$484.30M
YoY change
-11.9%
5Y CAGR
+3.5%
Peak year (2024)
$550.00M
Cumulative gross profit
$10.45B
Gross Profit history chart for Tennant (TNC) from 1985 to 2025
Gross Profit history table for Tennant (TNC) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $484.30M | -11.9% | ||
| 2024 | $550.00M | +4.2% | ||
| 2023 | $527.80M | +25.4% | ||
| 2022 | $420.90M | -3.9% | ||
| 2021 | $438.00M | +7.4% | ||
| 2020 | $407.80M | -11.7% | ||
| 2019 | $461.70M | +3.7% | ||
| 2018 | $445.03M | +10.0% | ||
| 2017 | $404.42M | +15.0% | ||
| 2016 | $351.60M | +0.7% | ||
| 2015 | $349.06M | -1.0% | ||
| 2014 | $352.43M | +8.1% | ||
| 2013 | $325.91M | +0.2% | ||
| 2012 | $325.30M | +1.9% | ||
| 2011 | $319.18M | +12.3% | ||
| 2010 | $284.33M | +15.5% | ||
| 2009 | $246.11M | -14.0% | ||
| 2008 | $286.25M | +2.6% | ||
| 2007 | $278.98M | +10.9% | ||
| 2006 | $251.58M | +7.1% | ||
| 2005 | $234.86M | +16.0% | ||
| 2004 | $202.51M | +11.5% | ||
| 2003 | $181.68M | +7.0% | ||
| 2002 | $169.82M | +10.4% | ||
| 2001 | $153.89M | -23.7% | ||
| 2000 | $201.58M | +4.6% | ||
| 1999 | $192.70M | +5.1% | ||
| 1998 | $183.40M | +5.1% | ||
| 1997 | $174.50M | +10.0% | ||
| 1996 | $158.70M | +3.2% | ||
| 1995 | $153.80M | +16.2% | ||
| 1994 | $132.40M | +25.0% | ||
| 1993 | $105.90M | +2.5% | ||
| 1992 | $103.30M | +8.5% | ||
| 1991 | $95.20M | -3.4% | ||
| 1990 | $98.60M | +6.5% | ||
| 1989 | $92.60M | +7.9% | ||
| 1988 | $85.80M | +8.7% | ||
| 1987 | $78.90M | +9.3% | ||
| 1986 | $72.20M | +12.1% | ||
| 1985 | $64.40M | — |
Gross Profit 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
The 2025 reading of Tennant (TNC) gross profit is $484.30M – declined 11.9% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Tennant gross profit compounded at +3.5% per year, with the latest reading among the more recent periods of the dataset.
Between 2024 and 2025, Tennant gross profit declined 11.9%, falling from $550.00M to $484.30M.
The dataset's maximum gross profit sits at $550.00M (2024); the minimum reading of $64.40M dates to 1985.
Within Industrials, Tennant (TNC) ranks 9th among 8 peers we track. The peer median for gross profit is $15.42B.
Tennant Gross Profit by Year
Tennant Gross Profit 2025: $484.30M
Tennant gross profit in 2025 was $484.30M, declined 11.9% below 2024.
Tennant Gross Profit 2024: $550.00M
Tennant gross profit in 2024 was $550.00M, edged up 4.2% from 2023. This figure represents the highest annual value in the available history.
Tennant Gross Profit 2023: $527.80M
Tennant gross profit in 2023 was $527.80M, grew 25.4% from 2022.
Tennant Gross Profit 2022: $420.90M
Tennant gross profit in 2022 was $420.90M, edged down 3.9% below 2021.
Tennant Gross Profit 2021: $438.00M
Tennant gross profit in 2021 was $438.00M.
See more financial history for Tennant (TNC).
Sector peers — Gross Profit
Companies in the same sector as Tennant, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $21.86B | Industrials |
| RTX Corporation (RTX) | $17.79B | Industrials |
| GE Aerospace (GE) | $16.89B | Industrials |
| Deere & Company (DE) | $16.30B | Industrials |
| Union Pacific Corporation (UNP) | $14.55B | Industrials |
| Honeywell International Inc. (HON) | $13.83B | Industrials |
| Eaton Corporation plc (ETN) | $10.32B | Industrials |
| The Boeing Company (BA) | $4.29B | Industrials |
Frequently asked questions
What is Tennant's gross profit?
Latest reported gross profit for Tennant (TNC) is $484.30M (period ending December 31, 2025).
How has Tennant gross profit changed year-over-year?
Tennant (TNC) gross profit changed -11.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Tennant gross profit?
Tennant (TNC) gross profit compound annual growth rate is +3.5% over the most recent 5 years available.
When did Tennant gross profit hit its highest annual value?
Tennant gross profit reached its highest annual value of $550.00M in 2024.
What was Tennant gross profit in 2024?
Tennant (TNC) gross profit in 2024 was $550.00M.
What was Tennant gross profit in 2025?
Tennant (TNC) gross profit in 2025 was $484.30M.
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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