Tenaris (TS) Financials

$33.42 -0.13 (-0.37%)

Closing price 03:59 PM Eastern

Extended Trading

$33.42 0.00 (0.00%)

As of 05:27 PM Eastern

Annual Income Statements for Tenaris

This table shows Tenaris' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-80	55	545	876	743	-634	1,100	2,553	3,918	2,036
Consolidated Net Income / (Loss)	-74	59	536	874	772	-642	1,053	2,549	3,958	2,077
Net Income / (Loss) Continuing Operations	-94	17	445	874	731	-642	1,053	2,549	3,958	2,077
Total Pre-Tax Income	141	34	428	1,103	934	-619	1,243	3,166	4,633	2,556
Total Operating Income	166	-59	335	872	832	-663	708	2,963	4,316	2,419
Total Gross Profit	2,155	1,128	1,603	2,379	2,187	1,059	1,910	4,675	6,200	4,388
Total Revenue	6,903	4,294	5,289	7,659	7,294	5,147	6,521	11,763	14,869	12,524
Operating Revenue	6,903	4,294	5,289	7,659	7,294	5,147	6,521	11,763	14,869	12,524
Total Cost of Revenue	4,748	3,166	3,685	5,279	5,107	4,087	4,612	7,088	8,669	8,135
Operating Cost of Revenue	4,748	3,166	3,685	5,279	5,107	4,087	4,612	7,088	8,669	8,135
Total Operating Expenses	1,990	1,187	1,269	1,507	1,400	1,722	1,202	1,712	1,884	1,970
Selling, General & Admin Expense	1,594	1,197	1,270	1,510	1,366	1,119	1,207	1,635	1,919	1,905
Other Operating Expenses / (Income)	396	-9.96	-1.16	-2.50	34	-19	-62	0.21	-36	65
Impairment Charge	-	-	-	0.00	-	622	57	77	0.00	0.00
Total Other Income / (Expense), net	-25	93	93	231	188	44	535	203	316	138
Other Income / (Expense), net	-25	93	93	231	173	44	535	203	316	138
Income Tax Expense	234	17	-17	229	202	23	189	617	675	480
Net Income / (Loss) Attributable to Noncontrolling Interest	-5.74	-3.44	8.35	2.16	11	8.00	47	4.58	-40	-40
Weighted Average Basic Shares Outstanding	1.18B	1.18B	1.18B	1.18B	1.18M	1.18B	1.18B	1.18B	1.18B	1.24B
Weighted Average Diluted Shares Outstanding	1.18B	1.18B	1.18B	1.18B	1.18M	1.18B	1.18B	1.18B	1.18B	1.24B
Weighted Average Basic & Diluted Shares Outstanding	1.18B	1.18B	1.18B	1.18B	1.18M	1.18B	1.18B	1.18B	1.18B	1.13B

No quarterly income statements for Tenaris are available.

This table details how cash moves in and out of Tenaris' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-94	225	-74	109	1,134	-947	-261	825	584	-930
Net Cash From Operating Activities	2,215	864	-22	611	1,528	1,520	119	1,167	4,395	2,866
Net Cash From Continuing Operating Activities	2,215	864	-22	611	1,576	1,520	119	1,238	4,399	2,779
Net Income / (Loss) Continuing Operations	-74	59	536	874	743	-642	1,053	2,549	3,958	2,077
Consolidated Net Income / (Loss)	-74	59	536	874	743	-642	1,053	2,549	3,958	2,077
Depreciation Expense	659	662	609	664	540	679	595	608	549	633
Non-Cash Adjustments To Reconcile Net Income	375	-187	-297	-138	283	442	-465	197	-311	-192
Changes in Operating Assets and Liabilities, net	1,255	329	-870	-790	11	1,042	-1,064	-2,115	204	262
Net Cash From Investing Activities	-1,774	-98	349	399	40	-2,092	268	-164	-2,687	-1,397
Net Cash From Continuing Investing Activities	-1,774	-98	349	399	967	-2,091	273	-145	-2,687	-1,387
Purchase of Property, Plant & Equipment	-1,132	-787	-558	-349	350	-193	-240	-378	-619	-694
Acquisitions	0.00	0.00	-10	0.00	133	-1,025	0.00	-4.08	-266	31
Purchase of Investments	-700	-117	-15	-15	2.93	0.00	-0.69	0.00	-3.75	-5.55
Sale of Property, Plant & Equipment	10	24	333	6.01	2.09	14	23	48	13	29
Sale and/or Maturity of Investments	0.00	653	588	717	390	-887	466	189	-1,788	-821
Other Investing Activities, net	48	129	11	40	89	0.28	0.00	0.00	-23	74
Net Cash From Financing Activities	-535	-653	-401	-900	354	-375	-648	-178	-1,125	-2,399
Net Cash From Continuing Financing Activities	-535	-653	-401	-900	3,019	-375	-648	-178	-1,125	-2,399
Repayment of Debt	-2,064	-1,296	-1,090	-1,432	1,159	-946	-1,170	-1,147	-1,983	-2,068
Repurchase of Common Equity	-	-	-	-	-	-	0.00	0.00	-214	-1,440
Payment of Dividends	-534	-537	-508	-488	486	-88	-322	-542	-655	-764
Issuance of Debt	2,064	1,181	1,197	1,019	1,333	658	844	1,512	1,724	1,871
Other Financing Activities, net	-1.07	-1.07	-0.05	-0.02	42	0.00	0.00	-1.41	3.77	1.14

No quarterly cash flow statements for Tenaris are available.

This table presents Tenaris' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2020	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	14,003	14,398	14,251	13,716	13,716	14,449	17,550	21,082	20,450
Total Current Assets	4,817	5,381	5,464	4,288	4,288	4,981	8,469	10,504	9,236
Cash & Equivalents	400	330	428	585	585	318	1,092	1,638	675
Short-Term Investments	1,633	1,192	488	872	872	398	438	1,970	2,373
Accounts Receivable	1,079	1,350	1,893	1,046	1,046	1,395	2,678	2,662	2,087
Inventories, net	1,564	2,368	2,524	1,637	1,637	2,673	3,987	3,921	3,710
Current Deferred & Refundable Income Taxes	141	132	121	136	136	193	243	256	333
Other Current Assets	-	8.23	9.17	11	11	4.24	31	9.80	7.48
Plant, Property, & Equipment, net	6,002	6,229	6,064	6,193	6,193	5,825	5,556	6,078	6,121
Total Noncurrent Assets	3,033	2,788	2,723	3,235	3,235	3,636	3,525	4,499	5,092
Long-Term Investments	807	769	924	1,204	1,204	1,704	1,661	2,014	2,549
Noncurrent Note & Lease Receivables	197	183	152	154	154	206	212	186	206
Intangible Assets	1,863	1,661	1,466	1,429	1,429	1,372	1,333	1,377	1,358
Noncurrent Deferred & Refundable Income Taxes	145	154	182	206	206	246	209	790	831
Other Noncurrent Operating Assets	22	22	0.00	242	242	109	112	132	149
Total Liabilities & Shareholders' Equity	14,003	14,398	14,251	13,716	13,716	14,449	17,550	21,082	20,450
Total Liabilities	2,590	2,817	2,376	2,270	2,270	2,344	3,516	4,051	3,636
Total Current Liabilities	1,713	2,071	1,718	1,166	1,166	1,560	2,788	2,902	2,637
Short-Term Debt	809	931	510	303	303	220	682	535	426
Accounts Payable	557	751	694	462	462	845	1,179	1,108	880
Current Deferred Revenue	40	57	63	49	49	92	243	264	206
Current Deferred & Payable Income Tax Liabilities	101	102	250	91	91	143	376	488	366
Other Current Liabilities	207	230	202	262	262	259	307	507	758
Total Noncurrent Liabilities	859	746	657	1,103	1,103	784	727	1,149	1,000
Long-Term Debt	32	35	29	316	316	111	46	48	11
Capital Lease Obligations	-	-	0.00	214	214	83	84	97	100
Noncurrent Deferred & Payable Income Tax Liabilities	551	458	379	255	255	275	269	632	504
Other Noncurrent Operating Liabilities	277	254	249	319	319	315	328	373	384
Total Equity & Noncontrolling Interests	11,413	11,581	11,875	11,446	1,181	12,106	14,034	17,030	16,814
Total Preferred & Common Equity	11,287	11,482	11,783	11,263	11,263	11,961	13,906	16,843	16,593
Total Common Equity	11,287	11,482	11,783	11,263	11,263	11,961	13,906	16,843	16,593
Other Equity Adjustments	11,287	11,482	-	11,263	11,263	11,961	13,906	16,843	16,593
Noncontrolling Interest	126	99	93	184	184	145	129	187	221

No quarterly balance sheets for Tenaris are available.

This table displays calculated financial ratios and metrics derived from Tenaris' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	-37.80%	23.17%	44.82%	-4.76%	-29.44%	26.71%	80.37%	26.41%	-15.77%
EBITDA Growth	0.00%	-12.85%	48.72%	70.55%	-12.57%	-96.15%	2,986.19%	105.37%	37.30%	-38.45%
EBIT Growth	0.00%	-75.55%	1,142.26%	157.91%	-8.82%	-161.57%	300.68%	154.75%	46.33%	-44.82%
NOPAT Growth	0.00%	73.01%	1,270.81%	98.47%	-5.61%	-171.20%	229.19%	297.82%	54.58%	-46.71%
Net Income Growth	0.00%	178.92%	813.17%	62.92%	-11.66%	-183.21%	263.96%	141.97%	55.29%	-47.53%
EPS Growth	0.00%	140.00%	1,300.00%	-11.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	0.00%	-61.01%	-102.55%	2,873.22%	150.15%	-0.49%	-92.17%	880.24%	276.54%	-34.79%
Free Cash Flow Firm Growth	0.00%	0.00%	93.26%	159.24%	332.89%	-128.85%	126.96%	556.49%	302.00%	-30.27%
Invested Capital Growth	0.00%	0.00%	10.51%	3.11%	-9.05%	0.00%	4.93%	15.50%	3.30%	-2.80%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	31.22%	26.27%	30.32%	31.07%	29.98%	20.58%	29.28%	39.74%	41.70%	35.04%
EBITDA Margin	11.58%	16.23%	19.60%	23.08%	21.19%	1.16%	28.18%	32.08%	34.85%	25.47%
Operating Margin	2.40%	-1.38%	6.33%	11.38%	11.41%	-12.88%	10.85%	25.19%	29.03%	19.31%
EBIT Margin	2.04%	0.80%	8.09%	14.40%	13.79%	-12.03%	19.06%	26.92%	31.16%	20.41%
Profit (Net Income) Margin	-1.08%	1.37%	10.14%	11.41%	10.58%	-12.48%	16.15%	21.67%	26.62%	16.58%
Tax Burden Percent	-52.85%	170.60%	125.41%	79.22%	82.68%	103.74%	84.76%	80.50%	85.43%	81.24%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	92.83%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	166.43%	49.67%	-4.01%	20.78%	21.68%	0.00%	15.24%	19.50%	14.57%	18.76%
Return on Invested Capital (ROIC)	0.00%	-0.64%	3.56%	6.63%	6.46%	-4.83%	6.08%	21.94%	31.12%	16.55%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-8.94%	-7.33%	-7.32%	-1.22%	-10.22%	20.21%	14.51%	23.78%	14.34%
Return on Net Nonoperating Assets (RNNOA)	0.00%	1.67%	1.10%	0.82%	0.16%	-5.35%	9.77%	-2.44%	-5.64%	-4.28%
Return on Equity (ROE)	0.00%	1.03%	4.67%	7.45%	6.62%	-10.18%	15.86%	19.50%	25.48%	12.27%
Cash Return on Invested Capital (CROIC)	0.00%	-200.64%	-6.42%	3.57%	15.94%	-4.83%	1.27%	7.55%	27.87%	19.40%
Operating Return on Assets (OROA)	0.00%	0.25%	3.01%	7.70%	7.19%	-4.51%	8.82%	19.79%	23.98%	12.31%
Return on Assets (ROA)	0.00%	0.42%	3.78%	6.10%	5.52%	-4.68%	7.48%	15.93%	20.49%	10.00%
Return on Common Equity (ROCE)	0.00%	1.02%	4.62%	7.39%	6.54%	-18.15%	27.71%	19.30%	25.22%	12.12%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.52%	4.67%	7.42%	6.85%	-5.70%	8.81%	18.33%	23.50%	12.52%
Net Operating Profit after Tax (NOPAT)	-110	-30	348	691	652	-464	600	2,386	3,688	1,965
NOPAT Margin	-1.60%	-0.69%	6.58%	9.02%	8.94%	-9.02%	9.20%	20.28%	24.80%	15.69%
Net Nonoperating Expense Percent (NNEP)	0.00%	8.30%	10.90%	13.95%	7.68%	5.40%	-14.12%	7.43%	7.34%	2.21%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	16.07%	20.82%	11.32%
Cost of Revenue to Revenue	68.78%	73.73%	69.68%	68.93%	70.02%	79.42%	70.72%	60.26%	58.30%	64.96%
SG&A Expenses to Revenue	23.09%	27.88%	24.01%	19.72%	18.73%	21.75%	18.50%	13.90%	12.91%	15.21%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	28.82%	27.65%	23.99%	19.68%	19.20%	33.47%	18.43%	14.55%	12.67%	15.73%
Earnings before Interest and Taxes (EBIT)	141	34	428	1,103	1,006	-619	1,243	3,166	4,633	2,556
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	800	697	1,036	1,767	1,545	60	1,837	3,774	5,181	3,189
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.90	1.03	0.76	0.96	1.38	1.17	1.36
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	1.03	1.18	0.88	1.09	1.53	1.28	1.48
Price to Revenue (P/Rev)	0.00	0.00	0.00	1.38	1.59	1.67	1.77	1.64	1.33	1.80
Price to Earnings (P/E)	0.00	0.00	0.00	12.10	15.65	0.00	10.49	7.54	5.04	11.07
Dividend Yield	4.87%	3.01%	3.20%	4.57%	4.16%	4.80%	2.76%	2.76%	3.23%	3.55%
Earnings Yield	0.00%	0.00%	0.00%	8.27%	6.39%	0.00%	9.53%	13.26%	19.83%	9.03%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.89	1.04	0.72	0.96	1.46	1.25	1.51
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	1.23	1.37	1.35	1.48	1.45	1.01	1.41
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	5.31	6.46	116.97	5.27	4.51	2.90	5.55
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	8.51	9.92	0.00	7.79	5.37	3.24	6.93
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	13.60	15.31	0.00	16.14	7.13	4.07	9.01
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	15.37	6.53	4.58	81.27	14.57	3.41	6.18
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	25.27	6.20	0.00	77.34	20.70	4.54	7.69
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.07	0.08	0.05	0.07	0.71	0.03	0.06	0.04	0.03
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.05	0.45	0.02	0.01	0.01	0.01
Financial Leverage	0.00	-0.19	-0.15	-0.11	-0.13	0.52	0.48	-0.17	-0.24	-0.30
Leverage Ratio	0.00	1.23	1.24	1.22	1.20	2.17	2.12	1.22	1.24	1.23
Compound Leverage Factor	0.00	1.23	1.24	1.22	1.11	2.17	2.12	1.22	1.24	1.23
Debt to Total Capital	0.00%	6.86%	7.70%	4.34%	6.78%	41.37%	3.30%	5.47%	3.84%	3.10%
Short-Term Debt to Total Capital	0.00%	6.60%	7.42%	4.11%	2.47%	15.06%	1.75%	4.60%	3.02%	2.46%
Long-Term Debt to Total Capital	0.00%	0.26%	0.28%	0.24%	4.31%	26.30%	1.55%	0.88%	0.82%	0.64%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	1.03%	0.79%	0.75%	1.50%	9.12%	1.16%	0.87%	1.06%	1.27%
Common Equity to Total Capital	0.00%	92.12%	91.51%	94.91%	91.72%	559.40%	95.54%	93.66%	95.10%	95.63%
Debt to EBITDA	0.00	1.21	0.93	0.31	0.54	13.99	0.23	0.22	0.13	0.17
Net Debt to EBITDA	0.00	-2.87	-1.28	-0.74	-1.18	-30.72	-1.09	-0.63	-0.95	-1.59
Long-Term Debt to EBITDA	0.00	0.05	0.03	0.02	0.34	8.89	0.11	0.03	0.03	0.04
Debt to NOPAT	0.00	-28.27	2.78	0.78	1.28	-1.79	0.69	0.34	0.18	0.27
Net Debt to NOPAT	0.00	67.27	-3.81	-1.88	-2.81	3.94	-3.35	-1.00	-1.34	-2.57
Long-Term Debt to NOPAT	0.00	-1.06	0.10	0.04	0.81	-1.14	0.32	0.05	0.04	0.06
Altman Z-Score	0.00	0.00	0.00	3.79	4.12	2.78	3.97	4.94	4.79	5.13
Noncontrolling Interest Sharing Ratio	0.00%	1.10%	0.98%	0.82%	1.18%	-78.39%	-74.79%	1.05%	1.02%	1.21%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	2.81	2.60	3.18	3.68	3.68	3.19	3.04	3.62	3.50
Quick Ratio	0.00	1.82	1.39	1.63	2.15	2.15	1.35	1.51	2.16	1.95
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-9,310	-627	372	1,609	-464	125	822	3,302	2,303
Operating Cash Flow to CapEx	197.52%	113.14%	-9.78%	177.84%	0.00%	849.72%	54.93%	353.72%	724.59%	431.01%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.31	0.37	0.53	0.52	0.38	0.46	0.74	0.77	0.60
Accounts Receivable Turnover	0.00	3.98	4.35	4.72	4.96	4.92	5.34	5.78	5.57	5.27
Inventory Turnover	0.00	2.02	1.87	2.16	2.45	2.50	2.14	2.13	2.19	2.13
Fixed Asset Turnover	0.00	0.72	0.86	1.25	1.19	0.83	1.09	2.07	2.56	2.05
Accounts Payable Turnover	0.00	5.69	5.64	7.31	8.84	8.85	7.05	7.00	7.58	8.19
Days Sales Outstanding (DSO)	0.00	91.76	83.83	77.28	73.54	74.18	68.32	63.20	65.54	69.21
Days Inventory Outstanding (DIO)	0.00	180.31	194.74	169.13	148.68	146.16	170.54	171.47	166.48	171.18
Days Payable Outstanding (DPO)	0.00	64.20	64.76	49.93	41.30	41.27	51.74	52.13	48.15	44.59
Cash Conversion Cycle (CCC)	0.00	207.87	213.81	196.48	180.92	179.07	187.12	182.54	183.88	195.80
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	9,280	10,256	10,575	9,618	9,618	10,092	11,656	12,041	11,704
Invested Capital Turnover	0.00	0.93	0.54	0.74	0.72	0.54	0.66	1.08	1.25	1.05
Increase / (Decrease) in Invested Capital	0.00	9,280	975	319	-957	0.00	475	1,564	385	-338
Enterprise Value (EV)	0.00	0.00	0.00	9,391	9,980	6,964	9,678	17,006	15,007	17,706
Market Capitalization	0.00	0.00	0.00	10,599	11,625	8,610	11,539	19,255	19,761	22,545
Book Value per Share	$0.00	$9.56	$9.73	$9.98	$9.54	$9.54	$10.13	$11.78	$14.27	$13.91
Tangible Book Value per Share	$0.00	$7.98	$8.32	$8.74	$8.33	$8.33	$8.97	$10.65	$13.10	$12.77
Total Capital	0.00	12,253	12,547	12,414	12,279	2,013	12,519	14,847	17,710	17,352
Total Debt	0.00	840	966	539	833	833	414	812	680	538
Total Long-Term Debt	0.00	32	35	29	530	530	194	130	145	112
Net Debt	0.00	-1,999	-1,325	-1,301	-1,829	-1,829	-2,006	-2,378	-4,942	-5,059
Capital Expenditures (CapEx)	1,121	763	225	343	-352	179	217	330	607	665
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	1,880	2,719	3,340	1,967	1,967	2,925	4,833	4,530	3,977
Debt-free Net Working Capital (DFNWC)	0.00	3,913	4,241	4,256	3,424	3,424	3,641	6,363	8,138	7,026
Net Working Capital (NWC)	0.00	3,104	3,310	3,746	3,121	3,121	3,422	5,680	7,602	6,600
Net Nonoperating Expense (NNE)	-36	-88	-188	-183	-120	178	-454	-163	-270	-112
Net Nonoperating Obligations (NNO)	0.00	-2,133	-1,325	-1,301	-1,829	8,437	-2,013	-2,378	-4,989	-5,110
Total Depreciation and Amortization (D&A)	659	662	609	664	540	679	595	608	549	633
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	43.78%	51.41%	43.61%	26.97%	38.22%	44.85%	41.08%	30.47%	31.76%
Debt-free Net Working Capital to Revenue	0.00%	91.13%	80.20%	55.57%	46.95%	66.54%	55.83%	54.09%	54.73%	56.10%
Net Working Capital to Revenue	0.00%	72.30%	62.59%	48.91%	42.79%	60.64%	52.47%	48.29%	51.13%	52.70%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$1.69	$2.96	$0.00	$0.00	$0.00	$4.33	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	1.18B	1.18B	0.00	0.00	0.00	1.18B	1.19B	1.24B
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.84	$1.48	$0.00	$0.00	$0.00	$2.16	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	1.18B	1.18B	0.00	0.00	0.00	1.18B	1.19B	1.24B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.84	$1.48	$0.00	$0.00	$0.00	$2.16	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	1.18B	1.18B	0.00	0.00	0.00	1.18B	1.18B	1.13B
Normalized Net Operating Profit after Tax (NOPAT)	116	-30	234	691	652	-28	648	2,447	3,688	1,965
Normalized NOPAT Margin	1.68%	-0.69%	4.43%	9.02%	8.94%	-0.55%	9.94%	20.81%	24.80%	15.69%
Pre Tax Income Margin	2.04%	0.80%	8.09%	14.40%	12.80%	-12.03%	19.06%	26.92%	31.16%	20.41%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-717.76%	913.74%	94.71%	55.79%	-62.94%	-13.69%	30.58%	21.25%	16.56%	36.77%
Augmented Payout Ratio	-717.76%	913.74%	94.71%	55.79%	-62.94%	-13.69%	30.58%	21.25%	21.96%	106.09%

No quarterly metrics and ratios for Tenaris are available.

Frequently Asked Questions About Tenaris' Financials

When does Tenaris's fiscal year end?

According to the most recent income statement we have on file, Tenaris' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Tenaris' net income changed over the last 9 years?

Tenaris' net income appears to be on an upward trend, with a most recent value of $2.08 billion in 2024, falling from -$74.43 million in 2015. The previous period was $3.96 billion in 2023. See where experts think Tenaris is headed by visiting Tenaris' forecast page.

What is Tenaris's operating income?

Tenaris's total operating income in 2024 was $2.42 billion, based on the following breakdown:

Total Gross Profit: $4.39 billion
Total Operating Expenses: $1.97 billion

How has Tenaris revenue changed over the last 9 years?

Over the last 9 years, Tenaris' total revenue changed from $6.90 billion in 2015 to $12.52 billion in 2024, a change of 81.4%.

How much debt does Tenaris have?

Tenaris' total liabilities were at $3.64 billion at the end of 2024, a 10.2% decrease from 2023, and a 40.4% increase since 2016.

How much cash does Tenaris have?

In the past 8 years, Tenaris' cash and equivalents has ranged from $318.13 million in 2021 to $1.64 billion in 2023, and is currently $675.26 million as of their latest financial filing in 2024.

How has Tenaris' book value per share changed over the last 9 years?

Over the last 9 years, Tenaris' book value per share changed from 0.00 in 2015 to 13.91 in 2024, a change of 1,390.7%.

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This page (NYSE:TS) was last updated on 5/5/2025 by MarketBeat.com Staff

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Tenaris (TS) Financials

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Tenaris (TS) Financials

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