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

Tenaris S.A. (TS) Free cash flow

Alert me on Free cash flow

Tenaris S.A.'s free cash flow for fiscal 2025 was $2.0B, down 7.29% from $2.2B in fiscal 2024. Over the twelve months to 30 June 2026 it was $1.7B. Over the past ten years it has ranged from −$574.8M (fiscal 2017) to $3.8B (fiscal 2023); the current reading is higher than 82% of that period. Tenaris S.A. ranks 4th of 46 Oil & Gas Equipment & Services companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $2.0B (7.29%)
FY2024 $2.2B (41.90%)
FY2023 $3.8B 352.51%
FY2022 $837.2M —
FY2021 −$97.7M —
FY2020 $1.3B 13.70%
FY2019 $1.2B 351.48%
FY2018 $261.3M —
FY2017 −$574.8M —
FY2016 $100.3M (90.83%)

Quarterly newest first

Period Free cash flow Change
Jun 2026 $396.6M (21.26%)
Mar 2026 $503.7M (24.25%)
Dec 2025 $664.9M 398.96%
Sep 2025 $133.3M (77.59%)
42 more quarters

Against its own ten years

Low −$574.8M High $3.8B
Ten-year median $1.1B
Current reading's percentile 82

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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