Tennant Company (TNC)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 83,700 | 108,100 | 110,200 | 113,600 | 109,500 | 102,300 | 95,000 | 80,300 | 66,300 | 50,400 | 56,300 | 49,500 | 64,900 | 59,500 | 49,700 | 54,200 | 33,700 | 42,200 | 45,100 | 45,600 |
| Revenue (ttm) | US$ in thousands | 1,286,700 | 1,269,200 | 1,258,100 | 1,248,800 | 1,243,600 | 1,223,200 | 1,181,400 | 1,139,900 | 1,092,200 | 1,077,600 | 1,086,700 | 1,085,600 | 1,090,800 | 1,087,400 | 1,077,300 | 1,012,200 | 1,001,000 | 1,022,800 | 1,041,600 | 1,127,300 |
| Net profit margin | 6.51% | 8.52% | 8.76% | 9.10% | 8.81% | 8.36% | 8.04% | 7.04% | 6.07% | 4.68% | 5.18% | 4.56% | 5.95% | 5.47% | 4.61% | 5.35% | 3.37% | 4.13% | 4.33% | 4.05% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $83,700K ÷ $1,286,700K
= 6.51%
Net profit margin, a key profitability ratio, reflects Tennant Company's ability to generate profit from its revenue after accounting for all expenses. The trend in Tennant Company's net profit margin over the period from March 31, 2020, to December 31, 2024, shows fluctuations.
The net profit margin ranged from a low of 3.37% in December 31, 2020, to a high of 9.10% in March 31, 2024. The company experienced an upward trend in profitability from December 31, 2020, reaching its peak in March 31, 2024. However, there was a slight decline in the net profit margin in the subsequent quarter, June 30, 2024.
Overall, Tennant Company's net profit margin showed improvement over the period, indicating efficient cost management and revenue generation. A higher net profit margin implies that the company is able to control costs effectively and is generating a good return on its sales. Continued monitoring of this metric will be essential to assess the company's financial health and performance in the future.
Peer comparison
Dec 31, 2024