Value202020212022202320242025TTMSelling/general/admin expenses1.12 B1.21 B1.63 B1.92 B1.9 B1.83 B—Research & development41.8 M45.3 M50.7 M60 M74.2 M64.2 M—Operating income663.07 M707.51 M2.96 B4.32 B2.42 B2.28 B—Non-Operating Income, Total———————Interest expense, net of interest capitalized———————Non-Operating Income, excl. Interest Expenses———————Unusual income/expense———————Pretax income619.27 M1.24 B3.17 B4.63 B2.56 B2.47 B—Equity in earnings———————Taxes23.15 M189.45 M617.24 M674.96 M479.68 M500.62 M—Non-controlling/minority interest8 M46.87 M4.58 M39.77 M40.33 M40.47 M—After tax other income/expense———————Net income before discontinued operations642.42 M1.05 B2.55 B3.96 B2.08 B1.97 B—Discontinued operations———————Net income642.42 M1.05 B2.55 B3.96 B2.08 B1.97 B—Dilution adjustment———————Preferred dividends———————Diluted net income available to common stockholders———————Basic earnings per share (Basic EPS)———————Diluted earnings per share (Diluted EPS)———————Average basic shares outstanding———————Diluted shares outstanding———————EBITDA———————EBIT———————Cost of revenue4.09 B4.61 B7.09 B8.67 B8.14 B7.86 B—Other cost of goods sold———————Depreciation & amortization (cash flow)34.66 M30.63 M19.61 M51.35 M———
Tenaris S.A. American Depositary Shares
Tenaris S.A., organized in Luxembourg, is a manufacturer and supplier of steel pipes and related services for the petroleum industry. The company produces and ships over 4 million tons of pipes annually. In 2024, sales to customers in North America accounted for 46% of sales, compared with 19% in South America, 26% in Asia-Pacific, and 10% in Europe.
Tenaris is controlled by Techint and holds minority interests in Ternium, Usiminas, and Techgen. Its shares are listed on the New York Stock Exchange, Borsa Italiana, and the Mexican Stock Exchange, and are included in the FTSE MIB index.