Company Analysis

Tenaris S. A. (TS)

NYSE: TS · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) · Luxembourg, LU · filing with the SEC since 2002
Grade6.6
◀ Past 6.5● Present 7.4▶ Future 5.9
1 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2019FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 31, 2026Apr 1, 2025Mar 28, 2024Mar 31, 2023Mar 31, 2022Mar 30, 2021Apr 30, 2020Apr 3, 2019Apr 30, 2018May 1, 2017
Revenue11,981,157,00012,523,934,00014,868,860,00011,762,526,0006,521,207,0005,146,734,0007,294,055,0007,658,588,0005,288,504,0004,293,592,000
For lenders
Net interest income······4,381,000-6,151,000-11,550,0002,567,000
Cost of revenue7,860,744,0008,135,489,0008,668,915,0007,087,739,0004,611,602,0004,087,317,0005,107,495,0005,279,300,0003,685,057,0003,165,684,000
Gross profit4,120,413,0004,388,445,0006,199,945,0004,674,787,0001,909,605,0001,059,417,0002,186,560,0002,379,288,0001,603,447,0001,127,908,000
Research and development64,200,00074,200,00060,000,00050,700,00045,300,00041,800,00061,100,00063,400,00063,700,00068,600,000
Selling, general and administrative1,828,496,0001,904,828,0001,919,307,0001,634,575,0001,206,569,0001,119,227,0001,365,974,0001,509,976,0001,270,016,0001,196,929,000
Operating income2,283,216,0002,418,849,0004,316,408,0002,963,275,000707,509,000-663,071,000832,391,000871,813,000334,588,000-59,057,000
Finance costs46,933,00061,212,000106,862,00045,940,00023,677,00027,014,00043,381,00036,942,00027,072,00022,329,000
Finance income252,238,000242,319,000213,474,00080,020,00038,048,00018,387,00047,997,00039,856,00047,605,00066,204,000
Net finance income (costs)132,641,000129,056,000220,977,000-6,040,00022,666,000-64,995,00019,283,00037,300,000-23,017,00021,954,000
Share of profit of equity-method investments58,038,0008,548,00095,404,000208,702,000512,591,000108,799,00082,036,000193,994,000116,140,00071,533,000
Income before income taxes2,473,895,0002,556,453,0004,632,789,0003,165,937,0001,242,766,000-619,267,000933,710,0001,103,107,000427,711,00034,430,000
Income tax expense500,616,000479,680,000674,956,000617,236,000189,448,00023,150,000202,452,000229,207,000-17,136,00017,102,000
Income from continuing operations···2,548,701,0001,053,318,000-642,417,000731,258,000873,900,000444,847,00017,328,000
Income from discontinued operations········91,542,00041,411,000
Net income1,973,279,0002,076,773,0003,957,833,0002,548,701,0001,053,318,000-642,417,000731,258,000873,900,000536,389,00058,739,000
Net income to non-controlling interests40,466,00040,328,00039,768,000-4,579,000-46,873,000-7,999,000-11,428,000-2,163,000-8,348,0003,441,000
Net income to shareholders1,932,813,0002,036,445,0003,918,065,0002,553,280,0001,100,191,000-634,418,000742,686,000876,063,000544,737,00055,298,000
Earnings per share, basic and diluted······0.630.740.460.05
Weighted average shares, basic1,055,9291,127,4911,178,876r1,180,5371,180,537r1,180,537r1,180,537rb1,180,537rb1,180,5371,180,537
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldifrs-full:Revenue
Net interest income interest earned less interest paidifrs-full:InterestRevenueExpense
Cost of revenue what it cost to make or buy what it soldifrs-full:CostOfSales
Gross profit revenue less the cost of what it soldifrs-full:GrossProfit
Research and development spent on inventing what it sells nextifrs-full:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyifrs-full:SellingGeneralAndAdministrativeExpense
Operating income profit from running the business, before interest and taxifrs-full:ProfitLossFromOperatingActivities
Finance costs what its borrowing costifrs-full:FinanceCosts
Finance income what its cash and investments earnedifrs-full:FinanceIncome
Net finance income (costs) interest earned less interest paid, outside the businessifrs-full:FinanceIncomeCost
Share of profit of equity-method investments its share of companies it partly ownsifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod
Income before income taxes profit before taxifrs-full:ProfitLossBeforeTax
Income tax expense tax charged on the period's profitifrs-full:IncomeTaxExpenseContinuingOperations
Income from continuing operations profit from the businesses it keepsifrs-full:ProfitLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedifrs-full:ProfitLossFromDiscontinuedOperations
Net income the whole group's profit, minority holders' share includedifrs-full:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersifrs-full:ProfitLossAttributableToNoncontrollingInterests
Net income to shareholders the profit or loss that belongs to the company's shareholdersifrs-full:ProfitLossAttributableToOwnersOfParent
Earnings per share, basic and diluted net income per share, where both counts are the sameifrs-full:BasicAndDilutedEarningsLossPerShare
Weighted average shares, basic the average count of shares outstandingifrs-full:WeightedAverageShares
SI Assistanton TS · research, not advice