TNC vs. ETN
Compare and contrast key facts about Tennant Company (TNC) and Eaton Corporation plc (ETN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TNC or ETN.
Key characteristics
| TNC | ETN | |
|---|---|---|
| YTD Return | 24.16% | 29.98% |
| 1Y Return | 46.31% | 83.05% |
| 3Y Return (Ann) | 14.88% | 32.27% |
| 5Y Return (Ann) | 13.39% | 33.42% |
| 10Y Return (Ann) | 7.40% | 18.99% |
| Sharpe Ratio | 1.90 | 3.47 |
| Daily Std Dev | 23.71% | 25.33% |
| Max Drawdown | -83.81% | -68.95% |
| Current Drawdown | -6.61% | -5.59% |
Fundamentals
| TNC | ETN | |
|---|---|---|
| Market Cap | $2.20B | $129.68B |
| EPS | $5.83 | $8.01 |
| PE Ratio | 19.83 | 40.49 |
| PEG Ratio | 2.01 | 3.26 |
| Revenue (TTM) | $1.24B | $23.20B |
| Gross Profit (TTM) | $421.20M | $6.89B |
| EBITDA (TTM) | $192.60M | $4.86B |
Correlation
The correlation between TNC and ETN is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TNC vs. ETN - Performance Comparison
In the year-to-date period, TNC achieves a 24.16% return, which is significantly lower than ETN's 29.98% return. Over the past 10 years, TNC has underperformed ETN with an annualized return of 7.40%, while ETN has yielded a comparatively higher 18.99% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
TNC vs. ETN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tennant Company (TNC) and Eaton Corporation plc (ETN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
TNC vs. ETN - Dividend Comparison
TNC's dividend yield for the trailing twelve months is around 0.95%, less than ETN's 1.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TNC Tennant Company | 0.95% | 1.16% | 1.65% | 1.16% | 1.27% | 1.13% | 1.63% | 1.16% | 1.14% | 1.42% | 1.08% | 1.06% |
ETN Eaton Corporation plc | 1.13% | 1.43% | 2.06% | 1.76% | 2.43% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% | 2.88% | 2.21% |
Drawdowns
TNC vs. ETN - Drawdown Comparison
The maximum TNC drawdown since its inception was -83.81%, which is greater than ETN's maximum drawdown of -68.95%. Use the drawdown chart below to compare losses from any high point for TNC and ETN. For additional features, visit the drawdowns tool.
Volatility
TNC vs. ETN - Volatility Comparison
The current volatility for Tennant Company (TNC) is 5.38%, while Eaton Corporation plc (ETN) has a volatility of 8.17%. This indicates that TNC experiences smaller price fluctuations and is considered to be less risky than ETN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TNC vs. ETN - Financials Comparison
This section allows you to compare key financial metrics between Tennant Company and Eaton Corporation plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities