Tenaris S.A. (TS)
Energy · Oil & Gas Equipment & Services · NYSE
Tenaris S.A. revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $11.76B | $14.87B | $12.52B | $11.98B |
| Gross profit | $4.67B | $6.20B | $4.39B | $4.12B |
| Net income | $2.55B | $3.92B | $2.04B | $1.93B |
| Net margin | 21.7% | 26.4% | 16.3% | 16.1% |
Source: Tenaris S.A. SEC filings (10-K).
What growth is priced into TS stock?
At today's market cap of $31.74B, Tenaris S.A. is priced for free-cash-flow growth of about 4.7% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.98B from the FY ending 2025-12-31). This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 4 years of Tenaris S.A. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeTenaris S.A. financial history by metric
About Tenaris S.A.
Tenaris S.A., together with its subsidiaries, manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. It provides steel casings to sustain the walls of oil and gas wells during and after drilling; steel tubing for conducting crude oil and natural gas to the surface after drilling has been completed; steel line pipes to transport crude oil and natural gas from wells to refineries, storage tanks, and loading and distribution centers; and mechanical and structural pipes for the transportation of other forms of gas and liquids under high pressure. The company also offers cold-drawn pipes for use in boilers, superheaters, condensers, heat exchangers, automobile production, and other industrial applications; premium joints and couplings for use in high temperature or high pressure environments under the TenarisHydril brand name; coiled tubing is used for oil and gas drilling and well workovers and for subsea pipelines; sucker rods used in oil extraction activities, tubes used for plumbing and construction applications, and oilfield / hydraulic fracturing services; pipe coating services; and automotive components. In addition, it engages in the sale of energy and raw materials; development, management, and licensing of intellectual property; procurement and trading services; and financial operations, as well as markets steel products. Further, the company manufactures and markets connections; and welded and seamless steel pipes. Tenaris S.A. was incorporated in 2001 and is based in Luxembourg, Luxembourg. Tenaris S.A. operates as a subsidiary of Techint Holdings S.àr.l.
Tenaris S.A. — frequently asked questions
What is Tenaris S.A.'s revenue?
Tenaris S.A. (TS) reported revenue of $11.98B for fiscal year 2025, down 4.3% from the prior year, according to its SEC filings.
Is Tenaris S.A. profitable?
Yes. TS earned net income of $1.93B in fiscal 2025, a net margin of 16.1%.
What is TS's P/E ratio?
Tenaris S.A. trades at a price-to-earnings ratio of about 16.5 based on the latest data in our nightly-refreshed cache.
How fast is Tenaris S.A. growing?
TS's revenue grew at roughly 0.6% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Tenaris S.A. have?
As of fiscal year 2025, TS carried roughly $305.72M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Tenaris S.A.'s gross margin?
TS's gross margin was 34.4% in fiscal 2025 — gross profit of $4.12B on revenue of $11.98B.
What is Tenaris S.A.'s market cap?
Tenaris S.A. (TS) has a market capitalization of about $31.74B, based on the latest data in our nightly-refreshed cache.
When does Tenaris S.A.'s fiscal year end?
TS's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into TS stock?
At today's market cap of $31.74B, Tenaris S.A. is priced for free-cash-flow growth of about 4.7% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.98B from the FY ending 2025-12-31).
Where does this data come from?
All figures are computed from Tenaris S.A.'s official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.