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) Net margin

Alert me on Net margin

Tenaris S.A.'s net margin over the twelve months to 30 June 2026 was 15.9%, down 0.2 percentage points from fiscal 2025 (16.1%). Over the past ten years it has ranged from −12.3% (fiscal 2020) to 26.4% (fiscal 2023); the current reading is higher than 64% of that period. That is above the Oil & Gas Equipment & Services industry median of 4.12% and above the Energy sector median of 8.44%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 16.1% (0.13)
FY2024 16.3% (10.09)
FY2023 26.4% 4.64
FY2022 21.7% 4.84
FY2021 16.9% 29.20
FY2020 −12.3% (22.51)
FY2019 10.2% (1.26)
FY2018 11.4% 1.14
FY2017 10.3% 9.01
FY2016 1.29% 2.45

Quarterly newest first

Period Net margin Change (points)
Jun 2026 16.1% (1.36)
Mar 2026 17.4% 2.45
Dec 2025 15.0% 0.02
Sep 2025 15.0% (2.25)
42 more quarters

Against its own ten years

Low −12.3% High 26.4%
Ten-year median 11.4%
Current reading's percentile 60

Net margin against peers

Company Net margin
AROC Archrock, Inc. compare 22.9%
TS Tenaris S.A. 15.9%
FTI TechnipFMC plc compare 12.0%
BKR Baker Hughes Company compare 10.1%
HAL Halliburton Company compare 8.90%
WFRD Weatherford International PLC compare 8.64%
SLB SLB Limited compare 8.40%
WHD Cactus, Inc. compare 6.69%
NOV NOV Inc. compare 1.65%
Oil & Gas Equipment & Services industry median 4.12%
Energy sector median 8.44%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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