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Tennant Co (Tennant Co) EBITDA : $188 Mil (TTM As of Dec. 2023)


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What is Tennant Co EBITDA?

Tennant Co's EBITDA for the three months ended in Dec. 2023 was $38 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $188 Mil.

During the past 12 months, the average EBITDA Growth Rate of Tennant Co was 39.20% per year. During the past 3 years, the average EBITDA Growth Rate was 19.00% per year. During the past 5 years, the average EBITDA Growth Rate was 8.70% per year. During the past 10 years, the average EBITDA Growth Rate was 8.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Tennant Co was 298.80% per year. The lowest was -71.10% per year. And the median was 7.40% per year.

Tennant Co's EBITDA per Share for the three months ended in Dec. 2023 was $2.02. Its EBITDA per share for the trailing twelve months (TTM) ended in Dec. 2023 was $10.03.

During the past 12 months, the average EBITDA per Share Growth Rate of Tennant Co was 38.60% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 18.60% per year. During the past 5 years, the average EBITDA per Share Growth Rate was 8.20% per year. During the past 10 years, the average EBITDA per Share Growth Rate was 8.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Tennant Co was 294.50% per year. The lowest was -70.80% per year. And the median was 8.40% per year.


Tennant Co EBITDA Historical Data

The historical data trend for Tennant Co's EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tennant Co EBITDA Chart

Tennant Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.20 111.90 134.50 135.30 188.40

Tennant Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.70 47.90 56.40 45.90 38.20

Competitive Comparison of Tennant Co's EBITDA

For the Specialty Industrial Machinery subindustry, Tennant Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tennant Co's EV-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tennant Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tennant Co's EV-to-EBITDA falls into.


Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Tennant Co's EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Tennant Co's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Dec. 2023, Tennant Co's EBITDA was $188 Mil.

Tennant Co's EBITDA for the quarter that ended in Dec. 2023 is calculated as

Tennant Co's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Dec. 2023, Tennant Co's EBITDA was $38 Mil.

EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $188 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Tennant Co  (NYSE:TNC) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


Tennant Co EBITDA Related Terms

Thank you for viewing the detailed overview of Tennant Co's EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Tennant Co (Tennant Co) Business Description

Traded in Other Exchanges
Address
10400 Clean Street, Eden Prairie, MN, USA, 55344
Tennant Co is a manufacturer of floor cleaning equipment, wood flooring, and wood products. It operates in four geographic business units including North America; Latin America; Europe, Middle East, Africa; and Asia Pacific. The company offers products and solutions consisting of mechanized cleaning equipment, detergent-free, and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings, and business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions.
Executives
Kristin A. Stokes officer: Interim General Counsel 701 N. LILAC DRIVE, MINNEAPOLIS MN 55422
Donal L Mulligan director ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
Steven Alan Sonnenberg director EMERSON PROCESS MANAGEMENT - ROSEMOUNT, 8200 MARKET BOULEVARD, CHANHASSEN MN 55317
David W. Huml officer: Sr. VP, Global Marketing 701 N. LILAC DRIVE, MINNEAPOLIS MN 55422
Richard H. Zay officer: Senior VP, The Americas 701 N. LILAC DRIVE, MINNEAPOLIS MN 55422
Carol E. Mcknight officer: Senior VP and CAO 701 N. LILAC DRIVE, MINNEAPOLIS MN 55422
Azita Arvani director 1522 LOMA DRIVE, HERMOSA BEACH CA 90254
Carol S Eicher director ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Andrew P. Hider director 10400 CLEAN STREET, EDEN PRARIE MN 55344
Chris Killingstad director, officer: President and CEO C/O TENNANT COMPANY, 701 N. LILAC DRIVE, MINNEAPOLIS MN 55422
Fay West officer: Senior VP, CFO 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Barb Balinski officer: SVP, Innovation & Technology 10400 CLEAN STREET, EDEN PRAIRIE MN 55344
Timothy R. Morse director C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
David S Wichmann director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752
Daniel E. Glusick officer: SVP, Operations 10400 CLEAN STREET, EDEN PRAIRIE MN 55344-2650

Tennant Co (Tennant Co) Headlines

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