Tenaris SA（TS）の財務TSTenaris SA

Tenaris SA (TS) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Tubes, accounting for 94.5% of total sales, equivalent to $2.80B. Another important revenue stream is Other. Understanding this composition is critical for investors evaluating how TS navigates market cycles within the Oil Related Services and Equipment industry.

Evaluating the bottom line, Tenaris SA maintains a gross margin of 33.19%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 16.70%, while the net margin is 16.59%. These profitability ratios, combined with a Return on Equity (ROE) of 11.40%, provide a clear picture of how effectively TS converts its operational activities into shareholder value.

In the context of the broader market, TS competes directly with industry leaders such as RS and STLD. With a market capitalization of $29.98B, it holds a significant position in the sector. When comparing efficiency, TS's gross margin of 33.19% stands against RS's 26.54% and STLD's 19.58%. Such benchmarking helps identify whether Tenaris SA is trading at a premium or discount relative to its financial performance.

Tenaris has shown strong revenue growth with a 49.04% year-to-date change and a 56.91% increase over the past year. The gross margin is stable at around 33%, indicating solid profitability. The net margin is also healthy at 16.59% for Q2 2026, reflecting effective cost management despite some recent challenges.