Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Tennant Co's share price for the quarter that ended in Dec. 2024 was $81.53. Tennant Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2024 was 19 Mil. Therefore, Tennant Co's market cap for the quarter that ended in Dec. 2024 was $1,537 Mil.
Tennant Co's quarterly market cap
declined
from Jun. 2024 ($1,866 Mil) to Sep. 2024 ($1,813 Mil) and
declined
from Sep. 2024 ($1,813 Mil) to Dec. 2024 ($1,537 Mil).
Tennant Co's annual market cap
increased
from Dec. 2022 ($1,140 Mil) to Dec. 2023 ($1,727 Mil) but then
declined
from Dec. 2023 ($1,727 Mil) to Dec. 2024 ($1,537 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Tennant Co's Enterprise Value for Today is $1,745 Mil.
Tennant Co Market Cap Historical Data
The historical data trend for Tennant Co's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tennant Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Tennant Co's Market Cap falls into.
Tennant Co Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Tennant Co's Market Cap for the fiscal year that ended in Dec. 2024 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.
Tennant Co (NYSE:TNC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Tennant Co Market Cap Related Terms
Thank you for viewing the detailed overview of Tennant Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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