Company Overview
Tenaris S.A., together with its subsidiaries, manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. It provides steel casings to sustain the walls of oil and gas wells during and after drilling; steel tubing for conducting crude oil and natural gas to the surface after drilling has been completed; steel line pipes to transport crude oil and natural gas from wells to refineries, storage tanks, and loading and distribution centers; and mechanical and structural pipes for the transportation of other forms of gas and liquids under high pressure. The company also offers cold-drawn pipes for use in boilers, superheaters, condensers, heat exchangers, automobile production, and other industrial applications; premium joints and couplings for use in high temperature or high pressure environments under the TenarisHydril brand name; coiled tubing is used for oil and gas drilling and well workovers and for subsea pipelines; sucker rods used in oil extraction activities, tubes used for plumbing and construction applications, and oilfield / hydraulic fracturing services; pipe coating services; and automotive components. In addition, it engages in the sale of energy and raw materials; development, management, and licensing of intellectual property; procurement and trading services; and financial operations, as well as markets steel products. Further, the company manufactures and markets connections; and welded and seamless steel pipes. Tenaris S.A. was incorporated in 2001 and is based in Luxembourg, Luxembourg. Tenaris S.A. operates as a subsidiary of Techint Holdings S.àr.l.
Why Investors Should Care
Trades at a P/E of 15.0, below the sector median of 17.0.
Maintains a net profit margin of 16.2%.
Offers a dividend yield of 3.10%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $11.98B (-4.3% YoY); net profit $1.93B.
- Trailing 12 Months Year-on-year growth — revenue +6.1%, earnings +13.7%.
- 5-Year Trend Long-term compounding — revenue CAGR 0.6%, profit CAGR -8.9%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 0.62% |
| 1 Year: | 6.10% |
Compounded Profit Growth
| 5 Years: | -8.86% |
| 1 Year: | 13.70% |
Stock Price Performance
| 1 Year: | +67.84% |
| 6 Months: | +25.65% |
| 3 Months: | -8.36% |
| 1 Month: | +5.43% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMAAbove
- RSI (14)50.13 · Neutral
P/E of 15.01 is below the sector median of 17.01 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Attractive dividend yield of 3.10%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Earnings shrank at -8.9% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Energy).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TS Tenaris S.A. | 57.05 | 15.01 | $28.80B | 3.10% | 12.94% | 11.62% | 0.62% | -8.86% |
| 2 | YPF YPF Sociedad Anónima | 48.67 | -442.45 | $190.82B | 0.00% | 7.41% | -2.94% | -0.28% | - |
| 3 | SU Suncor Energy Inc. | 62.82 | 16.75 | $74.17B | 2.51% | 10.03% | 13.97% | -5.92% | -13.29% |
| 4 | WFRD Weatherford International plc | 87.53 | 17.26 | $6.27B | 1.25% | 20.33% | 22.79% | 4.33% | 154.98% |
| 5 | BWLP BW LPG Limited | 20.85 | 8.76 | $3.17B | 8.50% | 13.08% | 20.86% | 31.98% | 2.14% |
| 6 | TRMD TORM plc | 28.62 | 8.39 | $2.93B | 9.24% | 11.37% | 15.65% | -2.46% | -20.26% |
| 7 | WTTR Select Water Solutions, Inc. R2K | 22.26 | 106.00 | $2.77B | 1.51% | 2.61% | 2.10% | 11.33% | 50.12% |
| 8 | NESR National Energy Services Reunited Corp. R2K | 26.96 | 42.12 | $2.72B | 0.00% | 7.89% | 6.74% | 7.49% | - |
| 9 | WKC World Kinect Corporation R2K | 38.46 | -12.13 | $1.97B | 2.31% | 8.93% | -12.26% | 4.41% | - |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | - | 2.92B | 3.09B | 2.98B | 3.00B | 3.10B |
| Cost of Revenue | - | 1.92B | 2.01B | 1.95B | 1.98B | 2.05B |
| Gross Profit | - | 1.00B | 1.07B | 1.03B | 1.02B | 1.05B |
| Operating Expenses | - | 443.88M | 489.30M | 435.38M | 458.19M | 463.08M |
| Operating Income | - | 557.47M | 582.73M | 596.63M | 556.82M | 587.05M |
| EBITDA | - | 757.36M | 806.76M | 633.98M | 640.53M | 830.74M |
| Interest Expense | - | 11.74M | 9.71M | 9.64M | 15.84M | 11.66M |
| Pretax Income | - | 599.21M | 647.05M | 624.34M | 603.30M | 667.64M |
| Tax Provision | - | 81.34M | 105.34M | 171.70M | 142.23M | 103.48M |
| Net Income | - | 506.93M | 531.32M | 445.69M | 448.87M | 540.70M |
| Diluted EPS | - | 0.94 | 1.00 | 0.86 | 0.89 | 1.08 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 11.76B | 14.87B | 12.52B | 11.98B |
| Cost of Revenue | - | 7.09B | 8.67B | 8.14B | 7.86B |
| Gross Profit | - | 4.67B | 6.20B | 4.39B | 4.12B |
| Operating Expenses | - | 1.63B | 1.93B | 1.87B | 1.83B |
| Operating Income | - | 3.04B | 4.27B | 2.52B | 2.29B |
| EBITDA | - | 3.82B | 5.29B | 3.25B | 3.14B |
| Interest Expense | - | 45.94M | 106.86M | 61.21M | 46.93M |
| Pretax Income | - | 3.17B | 4.63B | 2.56B | 2.47B |
| Tax Provision | - | 617.24M | 674.96M | 479.68M | 500.62M |
| Net Income | - | 2.55B | 3.92B | 2.04B | 1.93B |
| Diluted EPS | - | 4.32 | 6.64 | 3.62 | 3.66 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 17.55B | 21.08B | 20.45B | 20.07B |
| Current Assets | - | 8.47B | 10.50B | 9.24B | 9.07B |
| Cash & Equivalents | - | 1.09B | 1.64B | 675.26M | 572.65M |
| Inventory | - | 3.99B | 3.92B | 3.71B | 3.60B |
| Receivables | - | 2.49B | 2.48B | 1.91B | 1.92B |
| Total Liabilities | - | 3.52B | 4.05B | 3.64B | 3.24B |
| Current Liabilities | - | 2.79B | 2.90B | 2.64B | 2.35B |
| Long Term Debt | - | 46.43M | 48.30M | 11.40M | 368.00K |
| Total Debt | - | 840.94M | 717.87M | 582.32M | 448.97M |
| Total Equity | - | 13.91B | 16.84B | 16.59B | 16.60B |
| Shares Outstanding | - | 1.18B | 1.18B | 1.16B | 1.07B |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 1.17B | 4.40B | 2.87B | 2.60B |
| Investing Cash Flow | - | -163.56M | -2.69B | -1.40B | -192.60M |
| Financing Cash Flow | - | -178.34M | -1.13B | -2.40B | -2.48B |
| Capital Expenditure | - | -397.35M | -619.45M | -704.35M | -617.18M |
| Free Cash Flow | - | 769.87M | 3.78B | 2.16B | 1.98B |
| Net Change in Cash | - | 825.32M | 583.55M | -930.37M | -70.86M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 39.7% | 41.7% | 35.0% | 34.4% |
| Operating Margin % | - | 25.9% | 28.7% | 20.1% | 19.1% |
| Net Margin % | - | 21.7% | 26.4% | 16.3% | 16.1% |
| ROE % | - | 18.4% | 23.3% | 12.3% | 11.6% |
| ROCE % | - | 20.6% | 23.5% | 14.1% | 12.9% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | FMR, LLC | 1.42% | 8.25M | $471.59M |
| 2 | Westwood Global Investments, LLC | 1.15% | 6.67M | $381.40M |
| 3 | Renaissance Technologies, LLC | 0.55% | 3.20M | $182.87M |
| 4 | Van Eck Associates Corporation | 0.50% | 2.89M | $165.34M |
| 5 | Wellington Management Group, LLP | 0.41% | 2.41M | $137.45M |
| 6 | Price (T.Rowe) Associates Inc | 0.25% | 1.45M | $82.59M |
| 7 | Invesco Ltd. | 0.20% | 1.17M | $66.78M |
| 8 | Morgan Stanley | 0.20% | 1.18M | $67.33M |
| 9 | Dimensional Fund Advisors LP | 0.19% | 1.12M | $64.07M |
| 10 | CWA Asset Management Group, LLC | 0.17% | 987.29K | $56.42M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for TS
Tenaris Announces 2026 Second Quarter Results
The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with IFRS Accounting Standards as issue…
Why Tenaris S.A. (TS) is a Great Dividend Stock Right Now
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Tenaris (BIT:TEN) Pulls Back Following A Strong Year, Is The Stock Still Cheap?
Tenaris (BIT:TEN) stock has drawn attention after a period in which returns over the past month slipped about 6%, while the past 3 months are slightly positive and the one-year total return remains strong. See our latest analysis for Tenari…
Tenaris S.A. (TS) Could Be a Great Choice
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The past six months have been a windfall for Tenaris’s shareholders. The company’s stock price has jumped 49.1%, hitting $38.80 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating…
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TS — Frequently Asked Questions
What is the current share price of Tenaris S.A. (TS)?
As of 2026-08-05 17:25 PDT, Tenaris S.A. (TS) trades at $57.05 on NYSE. Its 52-week range is $33.04 to $64.02.
What is the market capitalisation of TS?
Tenaris S.A. (TS) has a market capitalisation of $28.80B on NYSE.
What is the P/E ratio of TS?
TS trades at a trailing price-to-earnings (P/E) ratio of 15.01. The industry average P/E is 17.01. Its price-to-book (P/B) ratio is 3.38.
Does TS pay a dividend?
Tenaris S.A. (TS) currently offers a dividend yield of 3.10%.
What is the return on equity (ROE) of TS?
TS has a return on equity (ROE) of 11.62%. Its return on capital employed (ROCE) is 12.94%.
Is TS a good stock to buy?
This page provides a data-driven analysis of Tenaris S.A. (TS), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.