TNC Q3 2024 Earnings — Tennant Company Revenue & Financial Results | Market Cap Arena

TNCTennant Company

$1B

Q3 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$316M+3.6% YoY

Gross Profit

$134M42.4% margin

Operating Income

$31M9.7% margin

Net Income

$21M6.6% margin

EPS (Diluted)

$1.09

QoQ Revenue Growth

-4.6%

Cash Flow

Operating Cash Flow

$31M

Free Cash Flow

$26M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$568M

Stockholders' Equity

$647M

Cash & Equivalents

$91M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$316M	$305M	+3.6%
Gross Profit	$134M	$132M	+1.4%
Operating Income	$31M	$35M	-11.8%
Net Income	$21M	$23M	-9.2%

Revenue Segments

Equipment Sales

$197M62%

Parts and Consumables

$68M22%

Service and Other

$51M16%

Geographic Segments

Americas

$219M69%

EMEA

$76M24%

Asia Pacific

$21M7%