Released as the first single from Holiday, "Tin Man" became the band's fourth top-ten hit in the US, spending three weeks at number four on the Billboard Hot 100 in November 1974. The song reached number one on the Billboardeasy listening chart in October of that year.
The song's title and some of its lyrics refer to the Tin Woodman from The Wizard of Oz. Songwriter Bunnell was quoted describing the parallel: "My favorite movie, I guess. I always loved it as a kid. Very obscure lyrics. Great grammar - 'Oz never did give nothing to the Tin Man.' It's sort of a poetic license."