Stocks Comparison
Steel Dynamics vs Tenaris: revenue, profit, margins and growth compared
Steel Dynamics brought in $18.2B of revenue in fiscal 2025, Tenaris $12B in fiscal 2025. Revenue changed by +3.6% at Steel Dynamics and -4.3% at Tenaris on the year before, so Steel Dynamics grew faster. Steel Dynamics kept 6.5% of its revenue as net profit, Tenaris 16.1%.
Side by side, latest fiscal year
| STLD | TS | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $18.2B | $12B |
| Revenue growth | +3.6% | -4.3% |
| Net income | $1.2B | $1.9B |
| Net margin | 6.5% | 16.1% |
| Free cash flow | $501.5M | n/a |
| Free cash flow margin | 2.8% | n/a |
| Earnings per share (diluted) | $7.99 | n/a |
| Cash | $769.9M | $572.6M |
| Debt | $4.2B | $305.7M |
| Price to earnings | 28.8 | n/a |
| Market value | $33B | $30.1B |
| Dividend yield | 0.87% | n/a |
| Rank by revenue in sector | #33 of 587 · Industrials | #59 of 587 · Industrials |
Over the years
Questions about Steel Dynamics and Tenaris
Which is bigger by revenue, Steel Dynamics or Tenaris?
Steel Dynamics is bigger by revenue: $18.2B in fiscal 2025, against $12B for Tenaris in fiscal 2025.
Which keeps more of its revenue as profit, Steel Dynamics or Tenaris?
Steel Dynamics had a net margin of 6.5% in fiscal 2025; Tenaris had 16.1% in fiscal 2025.
Which grew revenue faster, Steel Dynamics or Tenaris?
In their latest fiscal years revenue changed by +3.6% at Steel Dynamics and -4.3% at Tenaris.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.