Tennant annual debt-to-equity ratio
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Tennant Debt-to-Equity Ratio Growth & History (TNC)
Tennant's debt-to-equity ratio was 0.55 for fiscal 2025.
View full Tennant company overviewTennant annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.55 | 0.14 | +34.23% |
| 2024 | 2024-12-31 | 0.41 | −0.01 | −2.49% |
| 2023 | 2023-12-31 | 0.42 | −0.29 | −40.50% |
| 2022 | 2022-12-31 | 0.71 | −0.01 | −1.01% |
| 2021 | 2021-12-31 | 0.71 | −0.16 | −18.33% |
| 2020 | 2020-12-31 | 0.87 | −0.20 | −18.54% |
| 2019 | 2019-12-31 | 1.07 | −0.06 | −5.09% |
| 2018 | 2018-12-31 | 1.13 | −0.14 | −11.13% |
| 2017 | 2017-12-31 | 1.27 | 1.14 | +878.10% |
| 2016 | 2016-12-31 | 0.13 | 0.03 | +32.93% |
| 2015 | 2015-12-31 | 0.10 | −0.00 | −2.50% |
| 2014 | 2014-12-31 | 0.10 | −0.02 | −16.82% |
| 2013 | 2013-12-31 | 0.12 | −0.02 | −12.35% |
| 2012 | 2012-12-31 | 0.14 | −0.01 | −5.94% |
| 2011 | 2011-12-31 | 0.15 | 0.02 | +14.18% |
| 2010 | 2010-12-31 | 0.13 | — | — |
Tennant quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.73 | 0.35 | +92.91% |
| Q1 2026 | 2026-03-31 | 0.74 | 0.34 | +85.14% |
| Q4 2025 | 2025-12-31 | 0.55 | 0.14 | +34.23% |
| Q3 2025 | 2025-09-30 | 0.43 | 0.05 | +12.80% |
| Q2 2025 | 2025-06-30 | 0.38 | −0.01 | −2.30% |
| Q1 2025 | 2025-03-31 | 0.40 | 0.01 | +1.48% |
| Q4 2024 | 2024-12-31 | 0.41 | −0.01 | −2.49% |
| Q3 2024 | 2024-09-30 | 0.38 | −0.06 | −14.43% |
| Q2 2024 | 2024-06-30 | 0.39 | −0.18 | −31.41% |
| Q1 2024 | 2024-03-31 | 0.39 | −0.25 | −39.05% |
| Q4 2023 | 2023-12-31 | 0.42 | −0.29 | −40.50% |
| Q3 2023 | 2023-09-30 | 0.44 | −0.26 | −37.23% |
| Q2 2023 | 2023-06-30 | 0.57 | −0.10 | −14.60% |
| Q1 2023 | 2023-03-31 | 0.65 | −0.05 | −7.61% |
| Q4 2022 | 2022-12-31 | 0.71 | −0.01 | −1.01% |
| Q3 2022 | 2022-09-30 | 0.70 | 0.04 | +5.38% |
| Q2 2022 | 2022-06-30 | 0.66 | −0.02 | −2.97% |
| Q1 2022 | 2022-03-31 | 0.70 | −0.10 | −12.68% |
| Q4 2021 | 2021-12-31 | 0.71 | −0.16 | −18.33% |
| Q3 2021 | 2021-09-30 | 0.67 | −0.23 | −25.23% |
| Q2 2021 | 2021-06-30 | 0.68 | −0.30 | −30.66% |
| Q1 2021 | 2021-03-31 | 0.80 | −0.57 | −41.79% |
| Q4 2020 | 2020-12-31 | 0.87 | −0.20 | −18.54% |
| Q3 2020 | 2020-09-30 | 0.89 | −0.26 | −22.36% |
| Q2 2020 | 2020-06-30 | 0.99 | −0.21 | −17.75% |
| Q1 2020 | 2020-03-31 | 1.37 | 0.11 | +8.85% |
| Q4 2019 | 2019-12-31 | 1.07 | −0.06 | −5.09% |
| Q3 2019 | 2019-09-30 | 1.15 | −0.00 | −0.00% |
| Q2 2019 | 2019-06-30 | 1.20 | −0.01 | −1.23% |
| Q1 2019 | 2019-03-31 | 1.26 | 0.02 | +1.63% |
| Q4 2018 | 2018-12-31 | 1.13 | −0.14 | −11.13% |
| Q3 2018 | 2018-09-30 | 1.15 | −0.20 | −14.53% |
| Q2 2018 | 2018-06-30 | 1.22 | −0.26 | −17.44% |
| Q1 2018 | 2018-03-31 | 1.24 | 1.08 | +662.51% |
| Q4 2017 | 2017-12-31 | 1.27 | 1.14 | +878.10% |
| Q3 2017 | 2017-09-30 | 1.34 | 1.21 | +910.83% |
| Q2 2017 | 2017-06-30 | 1.47 | 1.39 | +1710.53% |
| Q1 2017 | 2017-03-31 | 0.16 | 0.07 | +81.03% |
| Q4 2016 | 2016-12-31 | 0.13 | 0.03 | +32.93% |
| Q3 2016 | 2016-09-30 | 0.13 | 0.03 | +32.77% |
| Q2 2016 | 2016-06-30 | 0.08 | −0.01 | −7.97% |
| Q1 2016 | 2016-03-31 | 0.09 | −0.01 | −5.91% |
| Q4 2015 | 2015-12-31 | 0.10 | −0.00 | −2.50% |
| Q3 2015 | 2015-09-30 | 0.10 | −0.00 | −2.78% |
| Q2 2015 | 2015-06-30 | 0.09 | −0.02 | −15.61% |
| Q1 2015 | 2015-03-31 | 0.10 | −0.01 | −10.11% |
| Q4 2014 | 2014-12-31 | 0.10 | −0.02 | −16.82% |
| Q3 2014 | 2014-09-30 | 0.10 | −0.02 | −19.05% |
| Q2 2014 | 2014-06-30 | 0.10 | −0.03 | −21.73% |
| Q1 2014 | 2014-03-31 | 0.11 | −0.02 | −18.11% |
| Q4 2013 | 2013-12-31 | 0.12 | −0.02 | −12.35% |
| Q3 2013 | 2013-09-30 | 0.13 | −0.01 | −5.47% |
| Q2 2013 | 2013-06-30 | 0.13 | −0.01 | −4.07% |
| Q1 2013 | 2013-03-31 | 0.13 | −0.01 | −8.48% |
| Q4 2012 | 2012-12-31 | 0.14 | −0.01 | −5.94% |
| Q3 2012 | 2012-09-30 | 0.13 | −0.02 | −10.73% |
| Q2 2012 | 2012-06-30 | 0.14 | −0.03 | −16.35% |
| Q1 2012 | 2012-03-31 | 0.14 | — | — |
| Q4 2011 | 2011-12-31 | 0.15 | 0.02 | +14.18% |
| Q3 2011 | 2011-09-30 | 0.15 | — | — |
| Q2 2011 | 2011-06-30 | 0.17 | — | — |
| Q4 2010 | 2010-12-31 | 0.13 | — | — |
Tennant debt-to-equity ratio trends
Over the last five fiscal years, Tennant's debt-to-equity ratio decreased from 0.87 to 0.55, a change of −0.32. The latest reported quarter, Q2 2026, shows 0.73.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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