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) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Tenaris S.A. (TS) trades at a P/E ratio of 15.1×. Over the past ten years it has ranged from 0.0× (March 2021) to 372× (January 2017); the current reading is higher than 61% of that period. That is below the Oil & Gas Equipment & Services industry median of 20.5× and above the Energy sector median of 11.9×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 10.5× 0.63%
FY2024 10.5× 101.36%
FY2023 5.2× (32.88%)
FY2022 7.7× (30.56%)
FY2021 11.2× —
FY2020 0.0× —
FY2019 18.0× 25.58%
FY2018 14.3× (58.84%)
FY2017 34.8× (90.30%)
FY2016 358× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 14.8× (3.60%)
Mar 2026 15.4× 46.11%
Dec 2025 10.5× 9.55%
Sep 2025 9.6× (5.39%)
42 more quarters

Against its own ten years

Low 0.0× High 372×
Ten-year median 12.4×
Current reading's percentile 55

P/E ratio against peers

Company P/E ratio
HAL Halliburton Company compare 13.4×
AROC Archrock, Inc. compare 13.8×
WFRD Weatherford International PLC compare 14.7×
TS Tenaris S.A. 15.1×
BKR Baker Hughes Company compare 15.7×
FTI TechnipFMC plc compare 19.1×
SLB SLB Limited compare 24.0×
WHD Cactus, Inc. compare 37.6×
NOV NOV Inc. compare 41.9×
Oil & Gas Equipment & Services industry median 20.5×
Energy sector median 11.9×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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