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NYSE · Industrials

Tenaris SA (TS)

Tenaris SA reported revenue of $12B in fiscal 2025, down 4.3% from a year earlier. Net income was $1.9B, a net margin of 16.1%. At December 31, 2025 it held $572.6M in cash against $305.7M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on March 31, 2026.

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Price
$56.12
+1.17% on the day · September 28, 2026
52-week range $33.65 to $64.60
Market cap
$30.1B
Revenue (FY2025)
$12B
-4.3% year on year
Net margin
16.1%

What Tenaris SA does

Tenaris SA is registered with the SEC under industry code SIC 3312 (Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)). Its shares trade on NYSE under the ticker TS.

Revenue and profit by year

Revenue
FY18: $7.7B $7.7B FY18FY19: $7.3B $7.3B FY19FY19: $5.1B $5.1B FY19FY21: $6.5B $6.5B FY21FY22: $11.8B $11.8B FY22FY23: $14.9B $14.9B FY23FY24: $12.5B $12.5B FY24FY25: $12B $12B FY25
Net income
FY18: $876.1M $876.1M FY18FY19: $742.7M $742.7M FY19FY19: -$634.4M -$634.4M FY19FY21: $1.1B $1.1B FY21FY22: $2.6B $2.6B FY22FY23: $3.9B $3.9B FY23FY24: $2B $2B FY24FY25: $1.9B $1.9B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$12B$2.3B$1.9Bn/an/a
2024$12.5B$2.4B$2Bn/an/a
2023$14.9B$4.3B$3.9Bn/an/a
2022$11.8B$3B$2.6Bn/an/a
2021$6.5B$707.5M$1.1Bn/an/a
2019$5.1B-$663.1M-$634.4Mn/an/a

Full financial statements: income, balance sheet and cash flow

Where TS ranks in Industrials

Revenue$12B
#59 of 587 in Industrials · Top 10%
Revenue growth-4.3%
#404 of 519 in Industrials · Bottom 22%
Net margin16.1%
#53 of 521 in Industrials · Top 10%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Industrials

Dividends

It paid out $900.4M in cash dividends, 47% of its net income.

Fiscal yearPer sharePaid outOf profit
2025n/a$900.4M47%
2024n/a$757.8M37%
2023n/a$636.5M16%
2022n/a$531.2M21%
2021n/a$318.7M29%
2019n/a$82.6Mn/a

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Tenaris SA has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 11, 2026
  2. August 7, 2026
  3. August 7, 2026
  4. August 7, 2026
  5. May 22, 2026
  6. May 13, 2026
  7. May 13, 2026
  8. May 13, 2026
  9. May 11, 2026
  10. May 11, 2026

Insider trades

What the people running Tenaris SA did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns TS

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Rocca & Partners Stichting Administratiekantoor Aandelen San Faustin13D, may seek influence with 2 related filers 68.6% 692,085,486 February 10, 2026

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

No insider reported holdings on a Form 4 in the last 12 months.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about TS

What does Tenaris SA do?

Tenaris SA is registered with the SEC under industry code SIC 3312 (Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)). Its shares trade on NYSE under the ticker TS.

Is Tenaris SA profitable?

Yes. In fiscal 2025 it reported net income of $1.9B on revenue of $12B, a net margin of 16.1%.

How much revenue does Tenaris SA make?

In fiscal 2025 Tenaris SA reported revenue of $12B. That is 4.3% less than a year earlier.

When did Tenaris SA last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on March 31, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from August 11, 2026.

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Where the numbers come from

Financial figures are the values Tenaris SA tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.