TNC Q4 2022 Earnings — Tennant Company Revenue & Financial Results | Market Cap Arena

TNCTennant Company

$1B

Q4 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$291M+5.3% YoY

Gross Profit

$115M39.6% margin

Operating Income

$28M9.8% margin

Net Income

$24M8.2% margin

EPS (Diluted)

$1.27

QoQ Revenue Growth

+10.7%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$8M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$613M

Stockholders' Equity

$471M

Cash & Equivalents

$77M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$291M	$276M	+5.3%
Gross Profit	$115M	$101M	+14.5%
Operating Income	$28M	$13M	+116.8%
Net Income	$24M	$8M	+201.3%

Revenue Segments

Equipment Sales

$180M62%

Parts and Consumables

$69M24%

Service and Other

$42M14%

Geographic Segments

Americas

$193M66%

EMEA

$77M26%

Asia Pacific

$21M7%