Tenaris S.A. (TS)
NYSE: TS · Real-Time Price · USD
60.69
-0.15 (-0.25%)
May 20, 2026, 4:00 PM EDT - Market closed

Tenaris Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
12,15911,98112,52414,86911,7636,521
Revenue Growth (YoY)
1.29%-4.33%-15.77%26.41%80.37%26.71%
Cost of Revenue
7,9907,8618,1358,6697,0884,612
Gross Profit
4,1694,1204,3886,2004,6751,910
Selling, General & Admin
1,8381,8291,9051,9191,6351,207
Other Operating Expenses
148.764.77-35.7776.94-4.47
Total Operating Expenses
1,8521,8371,9701,8841,7121,202
Operating Income
2,3172,2832,4194,3162,963707.51
Interest Income
315.94310.28250.87308.88288.72550.64
Interest Expense
-46.85-46.93-61.21-106.86-45.94-23.68
Other Non-Operating Income (Expense)
-43.93-72.66-52.05114.37-40.128.3
Total Non-Operating Income (Expense)
225.16190.68137.6316.38202.66535.26
Pretax Income
2,5422,4742,5564,6333,1661,243
Provision for Income Taxes
522.76500.62479.68674.96617.24189.45
Net Income
1,9901,9332,0363,9182,5531,100
Minority Interest in Earnings
29.5340.4740.3339.77-4.58-46.87
Net Income to Common
1,9901,9332,0363,9182,5531,100
Net Income Growth
9.50%-5.09%-48.02%53.45%132.08%-
Shares Outstanding (Basic)
521528564589590590
Shares Outstanding (Diluted)
521528564589590590
Shares Change (YoY)
-6.02%-6.35%-4.36%-0.14%--
EPS (Basic)
3.823.663.626.644.321.86
EPS (Diluted)
3.823.663.626.644.321.86
EPS Growth
17.18%1.10%-45.48%53.70%132.26%-
Shares Outstanding
504.82505.91542.14583.94590.27590.27
Free Cash Flow
1,8371,9892,1623,777769.87-125.52
Free Cash Flow Growth
-7.62%-8.02%-42.77%390.65%--
Free Cash Flow Per Share
3.533.773.836.411.30-0.21
Dividends Per Share
0.8900.8900.8300.6000.5100.410
Dividend Growth
-7.23%38.33%17.65%24.39%95.24%
Gross Margin
34.29%34.39%35.04%41.70%39.74%29.28%
Operating Margin
19.06%19.06%19.31%29.03%25.19%10.85%
Profit Margin
16.61%16.47%16.58%26.62%21.67%16.15%
FCF Margin
15.11%16.60%17.26%25.40%6.55%-1.92%
EBITDA
2,9382,8993,0524,8653,5711,302
EBITDA Margin
24.17%24.20%24.37%32.72%30.36%19.97%
EBIT
2,3172,2832,4194,3162,963707.51
EBIT Margin
19.06%19.06%19.31%29.03%25.19%10.85%
Effective Tax Rate
20.56%20.24%18.76%14.57%19.50%15.24%
Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q