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Tennant Co (Tennant Co) Net Income : $110 Mil (TTM As of Dec. 2023)


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What is Tennant Co Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Tennant Co's Net Income for the three months ended in Dec. 2023 was $31 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $110 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Tennant Co's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $1.64.


Tennant Co Net Income Historical Data

The historical data trend for Tennant Co's Net Income 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 Net Income Chart

Tennant Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.80 33.70 64.90 66.30 109.50

Tennant Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income 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 23.80 24.30 31.30 22.90 31.00

Tennant Co Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

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

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=123.8+-14.3+0+0
=110

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

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=22+9+0+0
=31

Net Income 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 $110 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.


Tennant Co  (NYSE:TNC) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Tennant Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Tennant Co Net Income Related Terms

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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

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