Tennant Co
NYSE:TNC
Net Margin
Tennant Co
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
Tennant Co
NYSE:TNC
|
1.4B USD |
5%
|
|
| JP |
I
|
Ishii Iron Works Co Ltd
TSE:6362
|
304.2T JPY |
8%
|
|
| US |
|
Parker-Hannifin Corp
NYSE:PH
|
85.7B USD |
17%
|
|
| SE |
|
Atlas Copco AB
STO:ATCO A
|
770.3B SEK |
17%
|
|
| JP |
|
Mitsubishi Heavy Industries Ltd
TSE:7011
|
11T JPY |
5%
|
|
| US |
|
Illinois Tool Works Inc
NYSE:ITW
|
72.3B USD |
21%
|
|
| CH |
|
Schindler Holding AG
SIX:SCHP
|
32.3B CHF |
8%
|
|
| US |
|
Otis Worldwide Corp
NYSE:OTIS
|
38.4B USD |
11%
|
|
| FI |
K
|
Kone Oyj
OMXH:KNEBV
|
28.9B EUR |
9%
|
|
| US |
|
Ingersoll Rand Inc
NYSE:IR
|
33.3B USD |
11%
|
|
| US |
|
Barnes Group Inc
NYSE:B
|
32.8B USD |
17%
|
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
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Tennant Co's most recent financial statements, the company has Net Margin of 5.4%.
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