profit from every $100 of sales.
$0$100
Tenaris
$60.24+1.28% today
+46.9% in 1 year
1-year low $37.761-year high $64.02
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $15.73 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Tenaris sold, what it kept, and what it did with the cash.
Sales went from $11.8 billion in 2022 to $12.0 billion in 2025, with $1.93 billion of profit last year.
SalesProfit
Tenaris handed back more cash to shareholders than it generated last year.
Buybacks $1.4B$900M
Free cash flow 2025$2.0B
Bought back its own shares$1.4B
Paid as dividends$900M
Cash vs. debt$573M vs. $449M
Tenaris vs. similar companies
Tenaris grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Tenaris | 15.7× · Fair price | ||
 SLB | 21.8× · Fair price | ||
 Baker Hughes | 18.3× · Fair price | ||
 Halliburton | 20.5× · Fair price | ||
 TechnipFMC | 26.0× · Fair price |
AI analysis
An AI analyst reads Tenaris's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 11,763 | 14,869 | 12,524 | 11,981 | |
| 4,675 | 6,200 | 4,388 | 4,120 | |
| 3,042 | 4,274 | 2,519 | 2,293 | |
| 3,820 | 5,288 | 3,251 | 3,137 | |
| 2,553 | 3,918 | 2,036 | 1,933 | |
| 4.32 | 6.64 | 3.62 | 3.66 | |
| 39.7% | 41.7% | 35.0% | 34.4% | |
| 25.9% | 28.7% | 20.1% | 19.1% | |
| 21.7% | 26.4% | 16.3% | 16.1% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 17,550 | 21,082 | 20,450 | 20,072 |
| Cash | 1,092 | 1,638 | 675 | 573 |
| Total debt | 841 | 718 | 582 | 449 |
| Total liabilities | 3,516 | 4,051 | 3,636 | 3,243 |
| 13,906 | 16,843 | 16,593 | 16,599 | |
| 590 | 589 | 564 | – | |
| 17.2% | 21.3% | 12.0% | 11.7% | |
| 18.4% | 23.3% | 12.3% | 11.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,167 | 4,395 | 2,866 | 2,600 | |
| 397 | 619 | 704 | 617 | |
| 770 | 3,776 | 2,162 | 1,982 | |
| Dividends paid | 531 | 637 | 758 | 900 |
| 0 | 214 | 1,440 | 1,362 | |
| – | – | – | – |
Valuation
- 15.7×
- 16.8×
- –
- 1.8×
- 2.5×
- 15.3×
- 9.7×
- 6.5%
- 6.4%
- 2.9%
Profitability
- 34.4%
- 19.1%
- 16.1%
- 25.1%
- 9.9%
- 14.5%
- 11.6%
- 9.6%
- 12.8%
- –
Growth
- +0.6%
- −5.4%
- −8.3%
- +19.4%
- −3.1%
Financial health
- -0.2×
- 0.03
- 2.3%
- 49.6×
- 4.15
- 2.59
- 0.59
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 34%of 464
Top 37%of 463
Top 46%of 384
Top 50%of 457
Top 41%of 456
What analysts expect
- Average price target
- $56.94
- Range
- $49.70 – $72.00
- 6 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 1.07 | 0.87 | +23.0% |
| Feb 18, 2026 | 0.87 | 0.76 | +14.5% |
| Oct 29, 2025 | 0.85 | 0.75 | +13.3% |
| Jul 30, 2025 | 0.99 | 0.88 | +12.5% |
| Apr 30, 2025 | 0.94 | 0.80 | +17.5% |
| Feb 19, 2025 | 0.94 | 0.71 | +32.4% |
| Nov 6, 2024 | 0.81 | 0.63 | +28.6% |
| Jul 31, 2024 | 0.59 | 0.97 | −39.2% |
2.9%of the share price, paid each year
On $1,000 invested$29a year at today's yield, before tax
+19.4%2020 to 2025
Raised4 yearsin a row, in our data
Paid per share, each year
$0.90 in 2015 → $1.70 in 2025
How safe it looks
46.6% of its profit
Room to growStretchedMore than it earns: 45.4%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
66Pass
Benjamin Graham
79Pass
Philip Fisher
52No pass
Peter Lynch
29No pass
Joel Greenblatt
42No pass
Charlie Munger
63Pass
Terry Smith
51No pass
Questions about Tenaris
Is Tenaris a good stock to buy?
A solid business at a fair price. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Tenaris AI analysis
What does Tenaris do?
Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products; and provides related services for the oil and gas industry, and other industrial applications. It is in Oil & Gas Equipment & Services, based in Luxembourg, Luxembourg, with 24,875 employees.
Does Tenaris pay a dividend?
Yes. At today's price the dividend is 2.9% a year, about 47% of its yearly profit. In 2025 it paid out $900 million in dividends.
Is Tenaris stock halal?
Yes. Tenaris passes our halal screen: its business is permitted and its debt is 1% of its market value, under the 30% limit. How we check
How has Tenaris stock done over the past year?
Up 46.9% over the past twelve months, to $60.24. It traded between $37.76 and $64.02 and is 5.9% below its high.
Who are Tenaris's competitors?
The largest listed companies in the same industry are SLB, Baker Hughes, Halliburton and TechnipFMC. The peers table on this page compares their profit, growth and price with Tenaris's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.