Tenaris S.A. (TS)

Tenaris Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,973	2,077	3,958	2,549	1,053
Depreciation & Amortization	616.17	632.85	548.51	607.72	594.72
Other Adjustments	-72.96	-170.12	-271.87	72.34	-430.66
Changes in Other Operating Activities	35.32	39.79	-21.83	69.7	-26.84
Operating Cash Flow	2,600	2,866	4,395	1,167	119.08
Operating Cash Flow Growth	-9.30%	-34.79%	276.54%	880.24%	-92.17%
Capital Expenditures	-617.18	-693.96	-619.45	-378.45	-239.52
Sale of Property, Plant & Equipment	58.38	28.96	12.88	48.46	22.74
Purchases of Investments	-1.36	-5.55	-27.54	-	-0.69
Payments for Business Acquisitions	-17.67	31.45	-265.66	-4.08	-
Proceeds from Business Divestments	-	-	-	-	24.33
Other Investing Activities	385.23	-758.06	-1,787	170.52	461.04
Investing Cash Flow	-192.6	-1,397	-2,687	-163.56	267.9
Long-Term Debt Issued	655.47	1,871	1,724	1,512	843.67
Long-Term Debt Repaid	-772.59	-1,999	-1,932	-1,094	-1,121
Net Long-Term Debt Issued (Repaid)	-117.11	-128.76	-208.07	417.13	-277.39
Repurchase of Common Stock	-1,362	-1,440	-213.74	-	-
Net Common Stock Issued (Repurchased)	-1,362	-1,440	-213.74	-	-
Common Dividends Paid	-900.36	-757.79	-636.51	-531.24	-318.74
Other Financing Activities	-98.04	-73.29	-66.69	-64.24	-51.83
Financing Cash Flow	-2,478	-2,399	-1,125	-178.34	-647.96
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-17.5	-	-58.39	-	-5.53
Net Cash Flow	-141.71	-930.37	1,167	825.32	-521.97
Free Cash Flow	1,982	2,172	3,776	788.77	-120.44
Free Cash Flow Growth	-8.74%	-42.47%	378.67%	-	-
FCF Margin	16.55%	17.34%	25.39%	6.71%	-1.85%
Free Cash Flow Per Share	3.75	3.85	6.41	1.34	-0.20
Levered Free Cash Flow	1,850	1,886	3,617	3,269	532.29
Unlevered Free Cash Flow	1,855	1,944	3,595	2,685	773.51

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q