Tennant Co
NYSE:TNC
Operating Margin
Tennant Co
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
Tennant Co
NYSE:TNC
|
1.5B USD |
10%
|
|
| JP |
I
|
Ishii Iron Works Co Ltd
TSE:6362
|
304.2T JPY |
13%
|
|
| SE |
|
Atlas Copco AB
STO:ATCO A
|
776.4B SEK |
22%
|
|
| US |
|
Parker-Hannifin Corp
NYSE:PH
|
78.1B USD |
20%
|
|
| US |
|
Illinois Tool Works Inc
NYSE:ITW
|
72.9B USD |
27%
|
|
| JP |
|
Mitsubishi Heavy Industries Ltd
TSE:7011
|
8.5T JPY |
7%
|
|
| US |
|
Otis Worldwide Corp
NYSE:OTIS
|
41B USD |
14%
|
|
| CH |
|
Schindler Holding AG
SIX:SCHP
|
29.6B CHF |
8%
|
|
| US |
|
Ingersoll Rand Inc
NYSE:IR
|
32.2B USD |
20%
|
|
| FI |
K
|
Kone Oyj
OMXH:KNEBV
|
26.4B EUR |
12%
|
|
| US |
|
Xylem Inc
NYSE:XYL
|
29B USD |
13%
|
Tennant Co
Glance View
Amidst the quiet hum of the industrial machinery world, Tennant Company stands out as a seasoned pioneer in the maintenance and cleaning equipment sector. Established in 1870 by George H. Tennant, the company originally crafted wood products, but transformed over the decades into a dominant force in developing innovative cleaning solutions. Headquartered in Minneapolis, Minnesota, Tennant has carved its niche by focusing on designing, manufacturing, and marketing sophisticated cleaning equipment designed to tackle the toughest environments. Their flagship products—scrubbers, sweepers, and floor-cleaning machines—are widely utilized across various industries, such as manufacturing plants, warehouses, retail outlets, and airports, underscoring their versatility and essential role in maintaining cleanliness on a grand scale. The essence of Tennant's profitability lies in its ability to deliver durable and efficient cleaning solutions. By integrating advanced technologies such as chemical-free cleaning solutions and autonomous robotics, the company captures the interest of environmentally conscious and efficiency-seeking clients worldwide. Their business model is amplified by a robust after-sales service network, including maintenance services and parts replacement, which ensures customer loyalty and repeat business. By continually investing in research and development, Tennant secures a competitive edge, allowing them to thrive in an industry where the demand for cleaner and safer public and private spaces is perpetually vital. As businesses globally acknowledge the importance of sustainable and efficient cleaning practices, Tennant Company’s expertise positions it strategically for enduring success.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Tennant Co's most recent financial statements, the company has Operating Margin of 9.5%.
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