Tenaris S.A.

Tenaris S.A.

TNRSF
Tenaris S.A.US flagOther OTC
28.33
USD
- -
- -
28.60BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.98
8.59
5.85
3.64
4.48
6.49
6.18
4.36
5.52
9.96
12.61
11.11
11.35
11.8
Basic EPS, GAAP
1.31
0.98
-0.07
0.05
0.46
0.74
0.63
-0.54
0.93
2.16
3.32
1.81
1.83
1.87
Free Cash Flow per Basic Share
2.01
1.73
1.88
0.73
-0.02
0.52
1.29
1.29
0.1
0.97
3.73
2.53
2.46
2.2
Dividend per Share
0.43
0.45
0.45
0.43
0.41
0.41
0.41
0.07
0.27
0.45
0.54
0.67
0.85
0.29
Book Value per Share
10.41
10.72
9.92
9.56
9.73
9.98
10.16
9.54
10.13
11.78
14.42
15.3
16.41
16.8
Tangible Book Value per Share
7.81
8.38
8.11
7.98
8.32
8.74
8.83
8.33
8.97
10.65
13.24
14.05
15.06
15.46
Basic Weighted Avg Shares
1,181
1,181
1,181
1,181
1,181
1,181
1,181
1,181
1,181
1,181
1,179
1,127
1,056
1,020
Sales/Revenue/Turnover
10,597
10,141
6,903
4,294
5,289
7,659
7,294
5,147
6,521
11,763
14,869
12,524
11,981
12,040
Operating Margin (%)
20.59
20.53
8.11
-1.49
6.25
11.32
11.34
-0.9
11.64
25.86
28.75
20.12
19.14
18.62
Depreciation Expense
610
616
659
662
609
664
540
679
595
608
549
633
616
627
Net Income, GAAP
1,551
1,159
-80
55
545
876
743
-634
1,100
2,553
3,918
2,036
1,933
1,912
Effective Tax Rate (%)
28.51
33.18
166.43
49.67
- -
20.78
21.68
- -
15.24
19.5
14.57
18.76
20.24
20.22
Profit Margin (%)
14.64
11.42
-1.16
1.29
10.3
11.44
10.18
-12.33
16.87
21.71
26.35
16.26
16.13
15.88
Working Capital
4,784
4,793
3,988
3,237
3,310
3,746
3,890
3,121
3,422
5,680
7,602
6,600
6,726
6,805
LT Debt
246
31
223
32
35
29
233
530
194
130
145
112
95
99
Total Equity
12,470
12,806
11,866
11,413
11,581
11,875
12,186
11,446
12,106
14,034
17,030
16,814
16,829
17,219
Return on Invested Capital (%)
11.51
10.05
-2.76
-0.26
- -
5.46
5
- -
5.15
17.58
21.87
11.4
10.36
10.08
Return on Capital (%)
11.85
8.57
-0.76
0.5
- -
7.27
6.14
- -
9.38
18.92
24.34
11.64
11.13
10.84
Return on Common Equity (%)
13.14
9.29
-0.66
0.48
4.78
7.53
6.25
-5.46
9.47
19.74
25.48
12.18
11.65
11.4

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
354
379
348
LT Borrowings
- -
- -
- -
LT Finance Leases
95
94
98
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,012
1,010
1,010
Market Capitalization
19,022
28,724
28,724

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,073
9,599
9,023
Cash, Cash Equivalents & STI
2,879
3,417
2,783
Accounts Receivable, Net
1,921
2,186
2,096
Inventories
3,602
3,607
3,716
Total Current Liabilities
2,346
2,315
2,218
Payables & Accruals
1,531
1,215
1,136
ST Debt
354
379
348
Deferred Revenue
169
154
130

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.86%
8.37%
0.09%
Free Cash Flow
-183.36%
210.71%
-8.97%
Net Income, GAAP
43.53%
-28.2%
-5.09%
Sales/Revenue/Turnover
10.94%
22.68%
-4.33%
Total Cash Common Dividend
- -
82.01%
18.81%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,442
3,322
2,915
2,845
12,524
2025
2,922
3,086
2,978
2,995
11,981
2026
3,100
2,967
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.64
0.29
0.4
0.47
1.81
2025
0.47
0.5
0.43
0.44
1.83
2026
0.54
0.47
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.4
- -
0.27
0.67
2025
- -
0.56
- -
0.3
0.85
2026
- -
- -
- -
- -
- -

Company Description

CEO
Gabriel Podskubka
Full Time Employees
24,875
Sector
Energy
Industry
Oil & Gas Equipment & Services
Address
26, Boulevard Royal Luxembourg City LU Luxembourg 2449
IPO Date
Mar 7, 2013
Business
Tenaris S.A. manufactures and supplies seamless and welded steel tubular products and related services primarily for the oil and gas industry; its core offerings include oil country tubular goods (OCTG), premium connections, Rig Direct mill-to-well services, offshore and onshore line pipe, hydrocarbon processing pipes, power generation tubing, sucker rods, coiled tubing, industrial and mechanical pipes, and automotive components. The company also provides steel pipes and components for mechanical engineering, civil and industrial installations, earth-moving machines, architectural structures, non-oil drilling systems, gas cylinders, and low-carbon energy applications. Founded in 2001 and headquartered in Luxembourg City, Luxembourg, Tenaris operates manufacturing facilities and service centers across North America, South America, Europe, the Middle East, Africa, and Asia Pacific, serving energy companies, exploration and production operators, and other industrial customers worldwide. Recent developments include a $12.5 million investment announced in 2025 for a new rail spur at its Midland, Texas service center to enhance Permian Basin efficiency and reduce emissions, with construction set to begin in 2026 following a prior $16 million yard expansion; the launch of a new integrated solution for surface casing construction showcased at the Argentina Oil & Gas Expo in 2025; and inauguration of renovated offices at its TuboCaribe production center in Cartagena, Colombia, to boost teamwork and operations.

Company News

  • Tenaris announces $306 million CAD investment to strengthen its Sault Ste. Marie industrial centre, backed by federal and provincial governments