Tenaris
€24.74Change from previous close: +1.14%Absolute change: +€0.28
At a glance
- Revenue growth
- −4.33%
- 2025 vs 2024
- Net income growth
- −5.09%
- 2025 vs 2024
- Net margin
- 16.1%
- 2024: 16.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 20,072 | 20,450 | 21,082 | 17,550 | 14,449 |
| Current assets | 9,073 | 9,236 | 10,504 | 8,469 | 4,981 |
| Cash and equivalents | 573 | 675 | 1,638 | 1,092 | 318 |
| Short-term investments | 2,307 | 2,373 | 1,970 | 438 | 398 |
| Receivables | 2,410 | 2,310 | 2,795 | 2,779 | 1,505 |
| Inventory | 3,602 | 3,710 | 3,921 | 3,987 | 2,673 |
| Net property, plant and equipment | 6,350 | 6,270 | 6,210 | 5,668 | 5,934 |
| Goodwill | 1,091 | 1,090 | 1,104 | 1,085 | 1,085 |
| Other intangible assets | 266 | 268 | 273 | 247 | 288 |
| Long-term investments | 2,319 | 2,549 | 2,014 | 1,661 | 1,704 |
| Current liabilities | 2,346 | 2,637 | 2,902 | 2,788 | 1,560 |
| Accounts payable | 873 | 880 | 1,108 | 1,179 | 845 |
| Long-term debt | 0.4 | 11.4 | 48.3 | 46.4 | 111 |
| Total debt | 449 | 582 | 718 | 841 | — |
| Total liabilities | 3,243 | 3,636 | 4,051 | 3,516 | 2,344 |
| Total equity (incl. minority) | 16,829 | 16,814 | 17,030 | 14,034 | 12,106 |
| Retained earnings | 17,989 | 17,858 | 16,861 | 13,580 | 11,558 |
| Minority interest | 230 | 221 | 187 | 129 | 145 |