# Tenaris Sa (TS)

Source page: https://stoqly.net/companies/ts

- **Ticker:** TS (NYSE)
- **Sector:** Materials / Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
- **SEC CIK:** 0001190723
- **Latest annual report:** 20-F filed 2026-03-31 (https://www.sec.gov/Archives/edgar/data/1190723/000155485526000490/ts-20251231.htm)
- **Data updated:** 2026-11-01

## Key figures

- **Last close:** $60.31 on 2026-10-30
- **Market cap:** $31.8B
- **Revenue (FY2025):** $12.0B
- **Revenue growth:** −4.3%
- **Revenue growth, 5-year CAGR:** +18.4%
- **Gross margin:** 34.4%
- **Operating margin:** 19.1%
- **Net margin:** 16.1%
- **Return on invested capital:** 11.2%
- **Return on equity:** 11.6%
- **Net debt:** −$267M
- **Net debt / EBITDA:** −0.1x
- **Change in share count:** −6.3%
- **Piotroski F-score:** 6/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

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## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/ts/figures.csv

| US$ millions | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| Revenue | 4,294 | 5,289 | 7,659 | 7,294 | 5,147 | 6,521 | 11,763 | 14,869 | 12,524 | 11,981 |
| Operating income | -59 | 335 | 872 | 832 | -663 | 708 | 2,963 | 4,316 | 2,419 | 2,283 |
| Net income | 55 | 545 | 876 | 743 | -634 | 1,100 | 2,553 | 3,918 | 2,036 | 1,933 |
| Diluted EPS (US$) | 0.10 | 0.92 | 1.48 | 1.26 | — | — | — | — | — | — |
| Operating cash flow | 864 | -22 | 611 | 1,528 | 1,520 | 119 | 1,167 | 4,395 | 2,866 | 2,600 |
| Cash | 400 | 330 | 428 | 1,554 | 585 | 318 | 1,092 | 1,638 | 675 | 573 |
| Debt and leases | 840 | 966 | 539 | 822 | 619 | 331 | 729 | 583 | 437 | 306 |

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Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.