Tennant Company (TNC) Revenue & Revenue Breakdown
Tennant Company Revenue Highlights
Latest Revenue (Y)
$1.24B
Latest Revenue (Q)
$315.80M
Main Segment (Y)
Equipment Sales
Main Geography (Y)
Americas
Tennant Company Revenue by Period
Tennant Company Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.24B | 13.86% |
| 2022-12-31 | $1.09B | 0.13% |
| 2021-12-31 | $1.09B | 8.97% |
| 2020-12-31 | $1.00B | -12.01% |
| 2019-12-31 | $1.14B | 1.25% |
| 2018-12-31 | $1.12B | 12.01% |
| 2017-12-31 | $1.00B | 24.05% |
| 2016-12-31 | $808.57M | -0.40% |
| 2015-12-31 | $811.80M | -1.24% |
| 2014-12-31 | $821.98M | 9.30% |
| 2013-12-31 | $752.01M | 1.76% |
| 2012-12-31 | $738.98M | -1.99% |
| 2011-12-31 | $754.00M | 12.93% |
| 2010-12-31 | $667.67M | 12.05% |
| 2009-12-31 | $595.88M | -15.05% |
| 2008-12-31 | $701.40M | 5.60% |
| 2007-12-31 | $664.22M | 10.89% |
| 2006-12-31 | $598.98M | 8.33% |
| 2005-12-31 | $552.91M | 8.89% |
| 2004-12-31 | $507.79M | 11.86% |
| 2003-12-31 | $453.96M | 7.02% |
| 2002-12-31 | $424.18M | 0.29% |
| 2001-12-31 | $422.97M | -6.84% |
| 2000-12-31 | $454.04M | 5.74% |
| 1999-12-31 | $429.40M | 10.27% |
| 1998-12-31 | $389.40M | 4.56% |
| 1997-12-31 | $372.40M | 8.13% |
| 1996-12-31 | $344.40M | 5.84% |
| 1995-12-31 | $325.40M | 15.51% |
| 1994-12-31 | $281.70M | 27.47% |
| 1993-12-31 | $221.00M | - |
Tennant Company generated $1.24B in revenue during NA 2023, up 13.86% compared to the previous quarter, and up 110.69% compared to the same period a year ago.
Tennant Company Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $315.80M | -4.59% |
| 2024-06-30 | $331.00M | 6.43% |
| 2024-03-31 | $311.00M | -0.13% |
| 2023-12-31 | $311.40M | 2.20% |
| 2023-09-30 | $304.70M | -5.28% |
| 2023-06-30 | $321.70M | 5.20% |
| 2023-03-31 | $305.80M | 5.09% |
| 2022-12-31 | $291.00M | 10.69% |
| 2022-09-30 | $262.90M | -6.17% |
| 2022-06-30 | $280.20M | 8.56% |
| 2022-03-31 | $258.10M | -6.62% |
| 2021-12-31 | $276.40M | 1.62% |
| 2021-09-30 | $272.00M | -2.54% |
| 2021-06-30 | $279.10M | 6.00% |
| 2021-03-31 | $263.30M | -3.55% |
| 2020-12-31 | $273.00M | 4.24% |
| 2020-09-30 | $261.90M | 22.38% |
| 2020-06-30 | $214.00M | -15.11% |
| 2020-03-31 | $252.10M | -14.48% |
| 2019-12-31 | $294.80M | 5.02% |
| 2019-09-30 | $280.70M | -6.34% |
| 2019-06-30 | $299.70M | 14.17% |
| 2019-03-31 | $262.50M | -7.96% |
| 2018-12-31 | $285.21M | 4.38% |
| 2018-09-30 | $273.25M | -6.48% |
| 2018-06-30 | $292.20M | 7.09% |
| 2018-03-31 | $272.85M | -2.31% |
| 2017-12-31 | $279.30M | 6.63% |
| 2017-09-30 | $261.92M | -3.28% |
| 2017-06-30 | $270.79M | 41.73% |
| 2017-03-31 | $191.06M | -9.77% |
| 2016-12-31 | $211.75M | 5.80% |
| 2016-09-30 | $200.13M | -7.70% |
| 2016-06-30 | $216.83M | 20.55% |
| 2016-03-31 | $179.86M | -12.63% |
| 2015-12-31 | $205.85M | 0.51% |
| 2015-09-30 | $204.80M | -4.92% |
| 2015-06-30 | $215.40M | 15.97% |
| 2015-03-31 | $185.74M | -14.12% |
| 2014-12-31 | $216.28M | 6.73% |
| 2014-09-30 | $202.64M | -7.50% |
| 2014-06-30 | $219.08M | 19.08% |
| 2014-03-31 | $183.98M | -5.72% |
| 2013-12-31 | $195.14M | 3.50% |
| 2013-09-30 | $188.54M | -5.84% |
| 2013-06-30 | $200.24M | 19.12% |
| 2013-03-31 | $168.09M | -10.35% |
| 2012-12-31 | $187.51M | 5.18% |
| 2012-09-30 | $178.27M | -10.64% |
| 2012-06-30 | $199.49M | 14.84% |
| 2012-03-31 | $173.71M | -10.07% |
| 2011-12-31 | $193.16M | 3.30% |
| 2011-09-30 | $186.99M | -7.09% |
| 2011-06-30 | $201.26M | 16.61% |
| 2011-03-31 | $172.59M | -5.58% |
| 2010-12-31 | $182.79M | 8.39% |
| 2010-09-30 | $168.64M | 1.50% |
| 2010-06-30 | $166.14M | 10.68% |
| 2010-03-31 | $150.11M | -8.60% |
| 2009-12-31 | $164.22M | 6.34% |
| 2009-09-30 | $154.43M | 3.94% |
| 2009-06-30 | $148.58M | 15.49% |
| 2009-03-31 | $128.65M | -16.07% |
| 2008-12-31 | $153.28M | -17.56% |
| 2008-09-30 | $185.94M | -3.95% |
| 2008-06-30 | $193.58M | 14.82% |
| 2008-03-31 | $168.60M | -7.67% |
| 2007-12-31 | $182.61M | 13.19% |
| 2007-09-30 | $161.33M | - |
Tennant Company generated $315.80M in revenue during Q3 2024, up -4.59% compared to the previous quarter, and up 98.17% compared to the same period a year ago.
Tennant Company Revenue Breakdown
Tennant Company Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Service and Other | $187.70M | $165.10M | - | - | - |
| Parts and Consumables | $279.50M | $263.10M | $221.00M | - | - |
| Specialty Service Coatings | - | - | - | - | - |
| Equipment Sales | $776.40M | $664.00M | $742.70M | - | - |
| Maintenance | - | - | $32.50M | $21.80M | - |
| Services and Other | - | - | - | - | $148.20M |
| Specialty Surface Coatings | - | - | - | - | $25.70M |
Tennant Company's latest annual revenue breakdown by segment (product or service), as of Dec 23: Equipment Sales (62.43%), Parts and Consumables (22.48%), and Service and Other (15.09%).
Quarterly Revenue by Product
| Product/Service | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service and Other | $51.20M | $50.60M | $47.30M | $46.90M | $47.50M | $46.00M | $42.00M | $41.70M | - | - | - | - | - | - | - | - | - | - | - | - |
| Equipment Sales | $196.60M | $189.80M | $197.30M | $189.50M | $203.20M | $186.40M | $180.00M | $153.80M | $167.60M | $134.60M | $154.20M | $223.50M | $169.30M | $188.40M | - | - | - | - | - | - |
| Parts and Consumables | $68.00M | $70.60M | $66.80M | $68.30M | $71.00M | $73.40M | $69.00M | $67.40M | $52.70M | $43.20M | $54.20M | $57.90M | $44.10M | $63.20M | - | - | - | - | - | - |
| Specialty Service Coatings | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Maintenance | - | - | - | - | - | - | - | - | $8.30M | $6.50M | $7.30M | $8.10M | $17.10M | $3.40M | - | - | - | - | - | - |
| Services and Other | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $36.30M | $31.00M | $37.60M | $7.90M | $60.40M | $41.00M |
| Specialty Surface Coatings | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.30M | $5.20M | $6.10M | $5.50M | $6.90M | $7.10M |
Tennant Company's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Equipment Sales (62.25%), Parts and Consumables (21.53%), and Service and Other (16.21%).
Tennant Company Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 19 | Dec 18 |
|---|---|---|---|---|
| UNITED STATES | $726.80M | $618.80M | $609.60M | - |
| Americas | $840.30M | $705.90M | $722.40M | $691.00M |
| Americas, Excluding United States | $113.50M | $87.10M | - | - |
| Asia Pacific | $88.90M | $84.70M | $107.60M | $96.91M |
| EMEA | $314.40M | $301.60M | $307.60M | $335.60M |
| Other Americas | - | - | $112.80M | - |
Tennant Company's latest annual revenue breakdown by geography, as of Dec 23: Americas (40.32%), UNITED STATES (34.88%), EMEA (15.09%), Americas, Excluding United States (5.45%), and Asia Pacific (4.27%).
Quarterly Revenue by Country
| Country | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EMEA | $76.30M | $76.80M | $80.30M | $72.00M | $80.00M | $82.10M | $76.60M | $69.00M | $69.50M | $54.80M | $72.00M | $79.00M | $69.70M | $80.90M | $78.10M | $74.25M | $87.41M | $88.82M |
| Asia Pacific | $20.80M | $18.60M | $22.90M | $21.50M | $25.10M | $19.40M | $21.20M | $19.90M | $24.70M | $22.90M | $17.50M | $29.80M | $24.90M | $29.30M | $23.60M | $23.66M | $26.04M | $21.39M |
| Americas | $218.70M | $215.60M | $208.10M | $211.20M | $216.60M | $204.40M | $193.20M | $174.00M | $167.70M | $136.30M | $162.60M | $186.00M | $186.10M | $189.50M | $160.80M | $175.34M | $178.75M | $162.64M |
Tennant Company's latest quarterly revenue breakdown by geography, as of Sep 24: Americas (69.25%), EMEA (24.16%), and Asia Pacific (6.59%).
Tennant Company Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| DCI | Donaldson Company | $3.59B | $927.90M |
| IEX | IDEX | $3.27B | $798.20M |
| FELE | Franklin Electric | $2.07B | $531.44M |
| WTS | Watts Water | $2.06B | $543.60M |
| TNC | Tennant Company | $1.24B | $315.80M |
| NPO | EnPro Industries | $1.06B | $271.90M |
| KAI | Kadant | $957.67M | $274.76M |
| GRC | Gorman-Rupp Company | $659.51M | $168.18M |
| EPAC | Enerpac Tool Group | $589.51M | $150.39M |
| LXFR | Luxfer | $405.00M | $99.40M |
| HURC | Hurco Companies | $227.81M | $42.65M |
| OFLX | Omega Flex | $111.47M | $24.88M |
| TAYD | Taylor Devices | $44.58M | $11.62M |
TNC Revenue FAQ
What is Tennant Company’s yearly revenue?
Tennant Company's yearly revenue for 2023 was $1.24B, representing an increase of 13.86% compared to 2022. The company's yearly revenue for 2022 was $1.09B, representing an increase of 0.13% compared to 2021. TNC's yearly revenue for 2021 was $1.09B, representing an increase of 8.97% compared to 2020.
What is Tennant Company’s quarterly revenue?
Tennant Company's quarterly revenue for Q3 2024 was $315.8M, a -4.59% decrease from the previous quarter (Q2 2024), and a 3.64% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $331M, a 6.43% increase from the previous quarter (Q1 2024), and a 2.89% increase year-over-year (Q2 2023). TNC's quarterly revenue for Q1 2024 was $311M, a -0.13% decrease from the previous quarter (Q4 2023), and a 1.70% increase year-over-year (Q1 2023).
What is Tennant Company’s revenue growth rate?
Tennant Company's revenue growth rate for the last 3 years (2021-2023) was 14.01%, and for the last 5 years (2019-2023) was 9.32%.
What are Tennant Company’s revenue streams?
Tennant Company's revenue streams in c 23 are Service and Other, Parts and Consumables, and Equipment Sales. Service and Other generated $187.7M in revenue, accounting 15.09% of the company's total revenue, up 13.69% year-over-year. Parts and Consumables generated $279.5M in revenue, accounting 22.48% of the company's total revenue, up 6.23% year-over-year. Equipment Sales generated $776.4M in revenue, accounting 62.43% of the company's total revenue, up 16.93% year-over-year.
What is Tennant Company’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Tennant Company was Equipment Sales. This segment made a revenue of $776.4M, representing 62.43% of the company's total revenue.