Tennant Company (TNC)
Tennant Company Return on Invested Capital: 12.56%
View TNC Return on Invested Capital with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
TNC Return on Invested Capital Rankings
| Overall | 77th percentile | 918 of 4160 |
| Sector | 73rd percentile | 80 of 306 in Industrial Goods |
| Industry | 56th percentile | 22 of 51 in Diversified Machinery |
TNC Return on Invested Capital Range, Past 5 Years
| Minimum | -18.65% | Sep 2009 |
| Maximum | 16.45% | Dec 2007 |
| Average | 7.62% |
About Return on Invested Capital (ROIC)
ROIC is an acronym for "Return on Invested Capital", and it is a concept that doesn't have a fixed definition. In YCharts, it is the net income that a company earned as a percentage of all of the capital given to a company by shareholders and debt holders. It is a ratio that tries to answer the question: "If I gave $1 to this company, how much money could the company earn by investing that $1?" A ROIC of 5% means that the company can return $0.05 per dollar invested.
ROIC is often considered a more reasonable estimate of managerial performance than Return on Equity (ROE) because it takes into account investments by debt holders, which should be invested to increase net income.
It is also more reasonable than Return on Assets (ROA) because it only assumes that capital which was "invested" into the company can be used to earn income.
Learn More
You may also be interested in these TNC related companies
TNC News
May 17, 8:45AM Business Wire
Apr 25, 4:46PM Street Insider
Apr 24, 10:21AM Street Insider
about 39 days ago by TradeBot
about 39 days ago by earningscast
about 45 days ago by billgunderson
Apr 10, 4:30PM Business Wire
about 58 days ago by billgunderson
Mar 21, 9:00AM Business Wire
about 78 days ago by MarketBrief
Feb 22, 2:03PM Street Insider
about 101 days ago by earningscast
about 101 days ago by Benzinga
about 101 days ago by Benzinga
about 204 days ago by DynamicDividend
about 206 days ago by DynamicDividend
about 290 days ago by StockTwits
about 290 days ago by Street_Insider
about 309 days ago by DynamicDividend
about 309 days ago by DynamicDividend
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TNC | 41.05 | -1.15 | -2.73% | 797.58M |
| TNB | 71.99 | +0.00 | +0.00% | 3.758B |
| STD | 5.34 | +0.02 | +0.38% | 47.40B |
| STC | 13.51 | -0.32 | -2.31% | 267.33M |
| STB | 6.55 | -0.07 | -1.06% | |
| STAN | 18.67 | -0.34 | -1.79% | 296.94M |
| STAA | 8.25 | -0.24 | -2.83% | 307.34M |
| ST | 30.00 | -0.71 | -2.31% | 5.419B |
| SSYS | 44.41 | -3.11 | -6.54% | 1.012B |
| SSY | 0.93 | +0.00 | +0.00% | 8.788M |