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) Return on invested capital

Alert me on Return on invested capital

Tenaris S.A.'s return on invested capital over the twelve months to 30 June 2026 was 9.46%, down 0.5 percentage points from fiscal 2025 (10.0%). Over the past ten years it has ranged from −3.91% (fiscal 2020) to 19.3% (fiscal 2023); the current reading is higher than 73% of that period. That is above the Oil & Gas Equipment & Services industry median of 4.26% and above the Energy sector median of 5.43%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 10.0% (0.64)
FY2024 10.7% (8.62)
FY2023 19.3% 5.24
FY2022 14.0% 10.26
FY2021 3.77% 7.68
FY2020 −3.91% (8.55)
FY2019 4.64% (0.10)
FY2018 4.74% 2.84
FY2017 1.90% 2.26
FY2016 −0.36% (1.36)

Against its own ten years

Low −3.91% High 19.3%
Ten-year median 4.64%
Current reading's percentile 73

Return on invested capital against peers

Company Return on invested capital
FTI TechnipFMC plc compare 36.8%
WFRD Weatherford International PLC compare 16.0%
WHD Cactus, Inc. compare 15.1%
HAL Halliburton Company compare 10.7%
TS Tenaris S.A. 9.46%
AROC Archrock, Inc. compare 8.94%
SLB SLB Limited compare 8.10%
BKR Baker Hughes Company compare 6.92%
NOV NOV Inc. compare 4.26%
Oil & Gas Equipment & Services industry median 4.26%
Energy sector median 5.43%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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