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.
Watch TS in 60 secondsWhat 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
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $12B | $1.9B | n/a | n/a |
| 2024 | $12.5B | $2B | n/a | n/a |
| 2023 | $14.9B | $3.9B | n/a | n/a |
| 2022 | $11.8B | $2.6B | n/a | n/a |
| 2021 | $6.5B | $1.1B | n/a | n/a |
| 2019 | $5.1B | -$634.4M | n/a | n/a |
Full financial statements: income, balance sheet and cash flow
Where TS ranks in Industrials
Dividends
It paid out $900.4M in cash dividends, 47% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $900.4M | 47% |
| 2024 | n/a | $757.8M | 37% |
| 2023 | n/a | $636.5M | 16% |
| 2022 | n/a | $531.2M | 21% |
| 2021 | n/a | $318.7M | 29% |
| 2019 | n/a | $82.6M | n/a |
Latest SEC filings
What Tenaris SA has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 11, 2026
- August 7, 2026
- August 7, 2026
- August 7, 2026
- May 22, 2026
- May 13, 2026
- May 13, 2026
- May 13, 2026
- May 11, 2026
- 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.
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
| Holder | Of class | Filed |
|---|---|---|
| Rocca & Partners Stichting Administratiekantoor Aandelen San Faustin13D, may seek influence with 2 related filers | 68.6% | February 10, 2026 |
Largest institutional holders
Insiders
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.
Similar companies
Compare TS with
Follow TS
Get an email when Tenaris SA files with the SEC: results, executive changes, material agreements and annual reports.
Follow TS: get an email when it filesWhere 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.