TNC Q1 2024 Earnings — Tennant Company Revenue & Financial Results | Market Cap Arena

TNCTennant Company

$1B

Q1 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$311M+1.7% YoY

Gross Profit

$138M44.2% margin

Operating Income

$38M12.1% margin

Net Income

$28M9.1% margin

EPS (Diluted)

$1.49

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

-$300,000

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$536M

Stockholders' Equity

$615M

Cash & Equivalents

$89M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$311M	$306M	+1.7%
Gross Profit	$138M	$126M	+9.6%
Operating Income	$38M	$36M	+4.5%
Net Income	$28M	$24M	+16.9%

Revenue Segments

Equipment Sales

$190M61%

Parts and Consumables

$71M23%

Service and Other

$51M16%

Geographic Segments

Americas

$216M69%

EMEA

$77M25%

Asia Pacific

$19M6%