Value20202021202220232024TTMSelling/general/admin expenses1.12 B1.21 B1.63 B1.92 B1.9 B—Research & development41.8 M45.3 M50.7 M60 M74.2 M—Operating income663.07 M707.51 M2.96 B4.32 B2.42 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 B—Equity in earnings——————Taxes23.15 M189.45 M617.24 M674.96 M479.68 M—Non-controlling/minority interest8 M46.87 M4.58 M39.77 M40.33 M—After tax other income/expense——————Net income before discontinued operations642.42 M1.05 B2.55 B3.96 B2.08 B—Discontinued operations——————Net income642.42 M1.05 B2.55 B3.96 B2.08 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 B—Other cost of goods sold——————Depreciation & amortization (cash flow)678.81 M594.72 M607.72 M548.51 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 2023, 53% of the company's sales were to North America, 22% of sales were to South America, 18% of sales were to the Asia-Pacific, and 7% of sales were to Europe.
The company owns 11.46% of Ternium, 3.96% of the share capital of Usiminas, and 22% of Techgen.
The company is 60.45% owned by Techint, which is controlled by San Faustin S.A., which is in turn controlled by Rocca & Partners Stichting Administratiekantoor Aandelen San Faustin, a Stichting, while 38.41% of the company is publicly traded.