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Friday 6 November 2026 Export TS’s income statement to Excel — free account

Tenaris S.A.

TS Energy Oil & Gas Equipment & Services

Tenaris S.A.’s revenue for fiscal 2025 (year ended December 2025) was $12.0 billion, down 4.33% from fiscal 2024.

Revenue
−3.86%
EPS
−4.04%
Free cash flow
−33.3%
Total debt
−6.90%

Quarter to June 2026, against a year earlier

56.62 0.70 +1.25%
Market cap
$28.5B
P/E
15.1×
Fwd P/E
—
Dividend yield
1.02%
F-score
6/9
Altman Z
6.38
Beneish M
−2.55
Dividend safety
69/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Tenaris S.A. (TS) Debt to equity

Alert me on Debt to equity

Tenaris S.A.'s debt to equity at the end of the quarter to 30 June 2026 was 0.0×, down 0.0× from fiscal 2025 (0.0×). Over the past ten years it has ranged from 0.0× (fiscal 2025) to 0.1× (fiscal 2017) — the current reading is the lowest in ten years. That is below the Oil & Gas Equipment & Services industry median of 0.4× and below the Energy sector median of 0.4×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.0× (30.00%)
FY2024 0.0× (24.20%)
FY2023 0.0× (33.91%)
FY2022 0.1× 90.11%
FY2021 0.0× (49.54%)
FY2020 0.1× (19.85%)
FY2019 0.1× 48.68%
FY2018 0.0× (45.56%)
FY2017 0.1× 13.32%
FY2016 0.1× (10.13%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.0× (8.38%)
Mar 2026 0.0× 4.95%
Dec 2025 0.0× (4.21%)
Sep 2025 0.0× (1.55%)
42 more quarters

Against its own ten years

Low 0.0× High 0.1×
Ten-year median 0.1×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
WHD Cactus, Inc. compare 0.0×
TS Tenaris S.A. 0.0×
FTI TechnipFMC plc compare 0.1×
NOV NOV Inc. compare 0.3×
SLB SLB Limited compare 0.4×
HAL Halliburton Company compare 0.6×
WFRD Weatherford International PLC compare 0.7×
BKR Baker Hughes Company compare 0.9×
AROC Archrock, Inc. compare 1.5×
Oil & Gas Equipment & Services industry median 0.4×
Energy sector median 0.4×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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