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Tennant CoTNC 83 Debt-to-EBITDA is 3.31 as of Jun. 2026, which is 30% above its 10-year median of 2.55. GuruFocus rates TNC with a GF Score™ of 83/100 and a GF Value™ of $88.80 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,335 Industrial Products companies, Tennant Co ranks worse than 74.39% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Tennant Co's Debt-to-EBITDA or its related term are showing as below:
TNC'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.42 Med: 2.55 Max: 5.59
Current: 4.05
During the past 13 years, the highest Debt-to-EBITDA Ratio of Tennant Co was 5.59. The lowest was 0.42. And the median was 2.55.
TNC's Debt-to-EBITDA is ranked worse than 74.39% of 2335
companies
in the Industrial Products industry
Industry Median: 1.66
vs TNC: 4.05
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Tennant Co Debt-to-EBITDA Related Terms
Tennant Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Tennant Co's Debt-to-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.
For the Specialty Industrial Machinery subindustry, Tennant Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-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 Debt-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tennant Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tennant Co's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Tennant Co (TNC) has a Debt-to-EBITDA of 3.31 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Tennant Co. This is 30% above median its historical median of 2.55. Over the past decade, Tennant Co's Debt-to-EBITDA has ranged from 0.42 to 5.59. According to the industry distribution chart, Tennant Co ranks #1737 out of 2335 companies in the Industrial Products industry, placing it in the top 74.4%.
Is Tennant Co's Debt-to-EBITDA too high?
Tennant Co's current Debt-to-EBITDA of 3.31 is 30% above median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 5.59. The Industrial Products industry median Debt-to-EBITDA is 1.66. Tennant Co's value of 3.31 is 99.4% above this industry median. Based on the distribution chart, Tennant Co ranks #1737 out of 2335 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tennant Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tennant Co's Debt-to-EBITDA compare to AMSC and BW?
According to the Industrial Products industry distribution chart, Tennant Co ranks #1737 out of 2335 companies for Debt-to-EBITDA. This places Tennant Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.66. Tennant Co's value of 3.31 is 99.4% above this benchmark. Historically, Tennant Co's own Debt-to-EBITDA has ranged from 0.42 to 5.59 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 1.66, Tennant Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.66, based on 2,335 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tennant Co's current Debt-to-EBITDA of 3.31 is 99.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Tennant Co. For the Industrial Products industry, the median Debt-to-EBITDA is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tennant Co's current Debt-to-EBITDA is 3.31, which is 30% above median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tennant Co stock overvalued right now?
Based on GuruFocus' analysis, Tennant Co (TNC) is currently considered Modestly Undervalued. The stock's GF Value™ is $88.80, compared to a current price of $68.02 — trading 23.4% below its estimated fair value. The current Debt-to-EBITDA is 3.31, which is 30% above median its 10-year median of 2.55 and 99.4% above the Industrial Products industry median of 1.66. Tennant Co's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Tennant Co (TNC), the current Debt-to-EBITDA is 3.31 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tennant Co (TNC) Overvalued in 2026?
Based on GuruFocus' analysis, Tennant Co stock appears to be undervalued.
The current stock price of $68.02 is trading 23.4% below its estimated GF Value™ of $88.80.
GuruFocus considers Tennant Co to be Modestly Undervalued.
Key valuation signals for TNC:
Debt-to-EBITDA: 3.31 (30% above median its 10-year median of 2.55)
GF Value™: $88.80 vs. price of $68.02 (23.4% below fair value)
Industry Position: 99.4% above the Industrial Products median (#1737 of 2335)
No single metric tells the full story. See the TNC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tennant Co is engaged in designing, manufacturing and marketing solutions that empower customers to achieve quality cleaning performance, reduce environmental impact and help create a cleaner, safer, healthier world. The Company is committed to creating and commercializing breakthrough, sustainable cleaning innovations to enhance its broad suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, and asset management solutions. Its products are used in many types of environments, including retail establishments, distribution centers, factories and warehouses, public venues such as arenas and stadiums, office buildings, schools, and more.
83GF Score
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