Tenaris revenue and financials

TS · NYSE · USD

$56.87Change from previous close: −2.72%Absolute change: −$1.59

Close · October 6, 2026

In the fiscal year ended December 2025, Tenaris reported revenue of $11.98B (−4.33% year over year). Net income was $1.93B, a net margin of 16.1%.

Annual revenue · 2025: $11.98B
  1. $4.29B2016
  2. $5.29B2017
  3. $7.66B2018
  4. $7.29B2019
  5. $5.15B2020
  6. $6.52B2021
  7. $11.76B2022
  8. $14.87B2023
  9. $12.52B2024
  10. $11.98B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

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.

Balance sheet · Annual
Item2025202420232022202120202019201820172016
Total assets20,07220,45021,08217,55014,44913,71614,84314,25114,39814,003
Current assets9,0739,23610,5048,4694,9814,2885,6715,4645,3814,817
Cash and equivalents5736751,6381,0923185851,554428330400
Short-term investments2,3072,3731,970438398—————
Receivables2,4102,3102,7952,7791,505—————
Inventory3,6023,7103,9213,9872,673—————
Net property, plant and equipment6,3506,2706,2105,6685,934—————
Goodwill1,0911,0901,1041,0851,0851,0861,3201,2881,292—
Other intangible assets266268273247288—————
Long-term investments2,3192,5492,0141,6611,704—————
Current liabilities2,3462,6372,9022,7881,5601,1661,7801,7182,0711,713
Accounts payable8738801,1081,179845—————
Long-term debt306437583729331619822539966840
Total debt449582718841——————
Total liabilities3,2433,6364,0513,5162,3442,2702,6572,3762,8172,590
Total equity (incl. minority)16,82916,81417,03014,03412,106—————
Retained earnings17,98917,85816,86113,58011,558—————
Minority interest230221187129145—————