Tenaris Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	557.06	572.65	675.26	1,638	1,092	318.13
Short-Term Investments	-	-	-	1,970	438.45	397.85
Cash & Short-Term Investments	557.06	572.65	675.26	3,607	1,530	715.98
Cash Growth	-81.77%	-15.20%	-81.28%	135.78%	113.69%	-50.87%
Accounts Receivable	1,957	1,956	1,958	2,528	2,494	1,299
Other Receivables	168.41	268.8	179.61	181.37	183.81	96.28
Total Trade Receivables	2,126	2,225	2,138	2,710	2,678	1,395
Inventory	3,716	3,602	3,710	3,921	3,987	2,673
Other Current Assets	2,624	2,673	2,713	266.2	273.94	197.26
Total Current Assets	9,023	9,073	9,236	10,504	8,469	4,981
Net Property, Plant & Equipment	6,295	6,350	6,270	6,210	5,668	5,934
Other Intangible Assets	1,356	1,357	1,358	1,377	1,333	1,372
Long-Term Investments	2,708	2,319	2,549	2,014	1,661	1,711
Other Long-Term Assets	929.48	973.38	1,037	975.57	420.59	451.44
Total Assets	20,311	20,072	20,450	21,082	17,550	14,449
Accounts Payable	865.63	872.91	880.26	1,108	1,179	845.26
Accrued Expenses	657.74	598.66	787.23	560.06	369.93	296.6
Short-Term Debt	301.53	305.35	426	535.13	682.33	219.5
Current Portion of Leases	46.83	48.35	44.49	37.84	28.56	34.59
Unearned Revenue	129.93	168.83	206.2	263.66	242.91	92.44
Other Current Liabilities	275.62	400.71	374.59	499.17	383.37	154.81
Total Current Liabilities	2,218	2,346	2,637	2,902	2,788	1,560
Long-Term Debt	0.36	0.37	11.4	48.3	46.43	111.43
Long-Term Leases	98.23	94.9	100.44	96.6	83.62	82.69
Other Long-Term Liabilities	716.81	753.16	805.69	903.13	499.21	506.4
Total Long-Term Liabilities	874.82	896.85	999.63	1,149	727.39	784.08
Total Liabilities	3,093	3,243	3,636	4,051	3,516	2,344
Total Common Shareholders' Equity	16,963	16,599	16,593	16,843	13,906	11,961
Minority Interest	255.87	229.88	220.58	187.47	128.73	145.12
Shareholders' Equity	17,219	16,829	16,814	17,030	14,034	12,106
Total Liabilities & Equity	20,311	20,072	20,450	21,082	17,550	14,449
Total Debt	446.95	448.97	582.32	717.87	840.94	448.22
Net Cash (Debt)	110.11	123.68	92.93	2,890	689.04	267.76
Net Cash Growth	-95.74%	33.08%	-96.78%	319.37%	157.34%	-53.90%
Net Cash Per Share	0.21	0.23	0.17	4.90	1.17	0.45
Book Value	16,963	16,599	16,593	16,843	13,906	11,961
Book Value Per Share	33.04	31.44	29.43	28.57	23.56	20.26
Tangible Book Value	15,607	15,242	15,236	15,466	12,573	10,588
Tangible Book Value Per Share	30.40	28.87	27.03	26.24	21.30	17.94

SEC Filings: 10-K · 10-Q