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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 82.6 $ 106.4
Receivables, less allowances of $10.5 and $10.4, respectively 280.6 256.8
Inventories 204.6 198.5
Prepaid and other current assets 43.3 38.0
Total current assets 611.1 599.7
Property, plant and equipment, less accumulated depreciation of $297.1 and $289.0, respectively 185.4 189.8
Operating lease assets 55.6 56.9
Goodwill 209.9 208.6
Intangible assets, net 52.5 52.6
Other assets 162.1 161.3
Total assets 1,276.6 1,268.9
LIABILITIES AND EQUITY    
Current portion of long-term debt 0.4 0.4
Accounts payable 123.1 127.5
Employee compensation and benefits 39.6 40.9
Other current liabilities 125.5 124.3
Total current liabilities 288.6 293.1
Long-term debt 358.3 273.2
Long-term operating lease liabilities 33.8 35.5
Employee benefits 15.4 15.7
Deferred income taxes 4.2 3.3
Other liabilities 43.3 44.7
Total long-term liabilities 455.0 372.4
Total liabilities 743.6 665.5
Commitments and contingencies (Note 13)
Common Stock, $0.375 par value; 60,000,000 shares authorized; 17,037,788 and 17,846,681 shares issued and outstanding, respectively 6.4 6.7
Additional paid-in capital 0.0 0.0
Retained earnings 562.1 628.1
Accumulated other comprehensive loss (37.3) (33.2)
Total Tennant Company shareholders' equity 531.2 601.6
Noncontrolling interest 1.8 1.8
Total equity 533.0 603.4
Total liabilities and total equity $ 1,276.6 $ 1,268.9