NYSE · TS
Tenaris S. A. financials
$55.05−1.91%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.98B | $12.52B | $14.87B | $11.76B | $6.52B | $5.15B | $7.29B | $7.66B | $5.29B | $4.29B |
| Gross profit | $4.12B | $4.39B | $6.20B | $4.67B | $1.91B | $1.06B | $2.19B | $2.38B | $1.60B | $1.13B |
| Gross margin | 34.4% | 35.0% | 41.7% | 39.7% | 29.3% | 20.6% | 30.0% | 31.1% | 30.3% | 26.3% |
| Operating income | $2.28B | $2.42B | $4.32B | $2.86B | $707.5M | -$663.1M | $832.4M | $871.8M | $334.6M | -$59.1M |
| Net income | $1.93B | $2.04B | $3.92B | $2.55B | $1.10B | -$634.4M | $742.7M | $876.1M | $544.7M | $55.3M |
| Net margin | 16.1% | 16.3% | 26.4% | 21.7% | 16.9% | −12.3% | 10.2% | 11.4% | 10.3% | 1.3% |
| Diluted EPS | $1.83 | $1.81 | $3.32 | $2.16 | $0.93 | $-0.54 | $0.63 | $0.74 | $0.46 | $0.05 |
| EBITDA | $2.90B | $3.05B | $4.86B | $3.54B | $1.36B | $638.1M | $1.37B | $1.54B | $943.2M | $603.4M |
| Operating cash flow | $2.60B | $2.87B | $4.40B | $1.17B | $119.1M | $1.52B | $1.53B | $610.8M | -$22.0M | $863.6M |
| Free cash flow | $1.99B | $2.16B | $3.78B | $769.9M | -$125.5M | $1.33B | $1.18B | $261.3M | -$580.3M | $76.7M |
| Diluted shares | 1,055.9M | 1,127.5M | 1,178.9M | 1,180.5M | 1,180.5M | 1,180.5M | 1,180.5M | 1,180.5M | 1,180.5M | 1,180.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $572.6M | $675.3M | $1.64B | $1.09B | $318.1M | $584.7M |
| Short-term investments | $2.31B | $2.37B | $1.97B | $438.4M | $397.8M | $872.5M |
| Total debt | $305.7M | $437.4M | $583.4M | $728.8M | $330.9M | $619.0M |
| Total assets | $20.07B | $20.45B | $21.08B | $17.55B | $14.45B | $13.72B |
| Total liabilities | $3.24B | $3.64B | $4.05B | $3.52B | $2.34B | $2.27B |
| Shareholders' equity | $16.83B | $16.81B | $17.03B | $14.03B | $12.11B | $11.45B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology