TTM
4.4%
YoY change
−3.21pp
Trough year (2009)
-3.8%
Peak year (2023)
11.1%
Latest annual
5.7%
Operating Margin history chart for Tennant (TNC) from 1985 to 2025
Latest: 5.7%
Operating Margin change chart for Tennant (TNC) from 1985 to 2025
Latest: −3.21pp
Operating Margin history table for Tennant (TNC) from 1985 to 2025
| 2025 | 5.7% | -3.21pp | ||
| 2024 | 8.9% | -2.26pp | ||
| 2023 | 11.1% | +3.16pp | ||
| 2022 | 8.0% | -0.61pp | ||
| 2021 | 8.6% | +2.23pp | ||
| 2020 | 6.4% | +0.05pp | ||
| 2019 | 6.3% | +1.15pp | ||
| 2018 | 5.2% | +2.46pp | ||
| 2017 | 2.7% | -5.78pp | ||
| 2016 | 8.5% | +1.92pp | ||
| 2015 | 6.6% | -2.22pp | ||
| 2014 | 8.8% | +0.47pp | ||
| 2013 | 8.3% | -0.19pp | ||
| 2012 | 8.5% | +1.90pp | ||
| 2011 | 6.6% | +1.02pp | ||
| 2010 | 5.6% | +9.34pp | ||
| 2009 | -3.8% | -6.42pp | ||
| 2008 | 2.6% | -5.61pp | ||
| 2007 | 8.3% | +1.59pp | ||
| 2006 | 6.7% | +0.37pp | ||
| 2005 | 6.3% | +2.10pp | ||
| 2004 | 4.2% | -0.80pp | ||
| 2003 | 5.0% | +1.32pp | ||
| 2002 | 3.7% | +0.50pp | ||
| 2001 | 3.2% | -6.41pp | ||
| 2000 | 9.6% | +0.76pp | ||
| 1999 | 8.8% | -0.75pp | ||
| 1998 | 9.6% | -0.12pp | ||
| 1997 | 9.7% | +0.52pp | ||
| 1996 | 9.2% | -0.11pp | ||
| 1995 | 9.3% | +0.73pp | ||
| 1994 | 8.6% | +1.59pp | ||
| 1993 | 7.0% | -0.57pp | ||
| 1992 | 7.5% | -0.92pp | ||
| 1991 | 8.5% | -0.76pp | ||
| 1990 | 9.2% | -0.98pp | ||
| 1989 | 10.2% | +0.25pp | ||
| 1988 | 10.0% | +0.12pp | ||
| 1987 | 9.8% | -0.34pp | ||
| 1986 | 10.2% | +0.27pp | ||
| 1985 | 9.9% | — |
- 20255.7%-3.21pp
- 20248.9%-2.26pp
- 202311.1%+3.16pp
- 20228.0%-0.61pp
- 20218.6%+2.23pp
- 20206.4%+0.05pp
- 20196.3%+1.15pp
- 20185.2%+2.46pp
- 20172.7%-5.78pp
- 20168.5%+1.92pp
- 20156.6%-2.22pp
- 20148.8%+0.47pp
- 20138.3%-0.19pp
- 20128.5%+1.90pp
- 20116.6%+1.02pp
- 20105.6%+9.34pp
- 2009-3.8%-6.42pp
- 20082.6%-5.61pp
- 20078.3%+1.59pp
- 20066.7%+0.37pp
- 20056.3%+2.10pp
- 20044.2%-0.80pp
- 20035.0%+1.32pp
- 20023.7%+0.50pp
- 20013.2%-6.41pp
- 20009.6%+0.76pp
- 19998.8%-0.75pp
- 19989.6%-0.12pp
- 19979.7%+0.52pp
- 19969.2%-0.11pp
- 19959.3%+0.73pp
- 19948.6%+1.59pp
- 19937.0%-0.57pp
- 19927.5%-0.92pp
- 19918.5%-0.76pp
- 19909.2%-0.98pp
- 198910.2%+0.25pp
- 198810.0%+0.12pp
- 19879.8%-0.34pp
- 198610.2%+0.27pp
- 19859.9%—
Operating 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 Operating Margin at Tennant (TNC)
According to Tennant's latest reported financial statements, the company's latest reported operating margin is 4.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
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) operating margin totalled 5.68% – contracted 3.2 percentage points year-over-year.
2023 marks the peak operating margin at 11.15%, with the historical low of -3.77% recorded in 2009.
Tennant Operating Margin by Year
Tennant Operating Margin 2025: 5.7%
In 2025, Tennant reported operating margin of 5.68%, contracted 3.2 percentage points from 2024.
Tennant Operating Margin 2024: 8.9%
Tennant operating margin in 2024 was 8.88%, contracted 2.3 percentage points from 2023.
Tennant Operating Margin 2023: 11.1%
2023's operating margin for Tennant came in at 11.15%, expanded 3.2 percentage points from 2022. This figure represents the highest annual value in the available history.
Tennant Operating Margin 2022: 8.0%
Tennant posted operating margin of 7.98% in 2022, contracted 0.6 percentage points from 2021.
Tennant Operating Margin 2021: 8.6%
Tennant operating margin in 2021 was 8.59%.
See more financial history for Tennant (TNC).
Sector peers by Operating Margin
Industrials peers of Tennant (TNC), ranked by their latest operating margin
| 40.1% | |
| 18.5% | |
| 18.1% | |
| 17.9% | |
| 16.6% | |
| 14.9% | |
| 10.9% | |
| -5.9% |
- 40.1%
- 18.5%
- 17.9%
- 16.6%
- 10.9%
- -5.9%
Frequently asked questions
Tennant (TNC) Key Financials
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