← TENARIS SA
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $4.3b |
$5.3b
+23.17%
|
$7.7b
+44.82%
|
$7.3b
-4.46%
|
$5.2b
-28.75%
|
$6.5b
+25.08%
|
$11.8b
+80.37%
|
$14.9b
+26.41%
|
$12.5b
-15.77%
|
$12.0b
-4.33%
|
$12.0b
+0.49%
|
|
| Revenue From Interest | $60.4m | $51.5m | $42.2m | $48.1m | $21.6m | $38.0m | $86.1m | $201.9m | $229.8m | $228.4m | — | |
| Cost of Goods and Services Sold | $3.2b |
$3.7b
+16.41%
|
$5.3b
+43.26%
|
$5.1b
-3.25%
|
$4.1b
-19.97%
|
$4.6b
+12.83%
|
$7.1b
+53.69%
|
$8.7b
+22.31%
|
$8.1b
-6.15%
|
$7.9b
-3.38%
|
$8.0b
+1.24%
|
|
| Cost of sales | ($3.2b) |
($3.7b)
-16.41%
|
($5.3b)
-43.26%
|
($5.1b)
+3.25%
|
($4.1b)
+19.97%
|
($4.6b)
-12.83%
|
($7.1b)
-53.69%
|
($8.7b)
-22.31%
|
($8.1b)
+6.15%
|
($7.9b)
+3.38%
|
$8.0b
+201.24%
|
|
| Gross Profit | $1.1b |
$1.6b
+42.16%
|
$2.4b
+48.39%
|
$2.2b
-8.10%
|
$1.1b
-51.55%
|
$1.9b
+80.25%
|
$4.7b
+144.80%
|
$6.2b
+32.63%
|
$4.4b
-29.22%
|
$4.1b
-6.11%
|
$4.1b
-0.94%
|
|
| Research And Development Expense | $68.6m | $63.7m | $63.4m | $61.1m | $41.8m | $45.3m | $50.7m | $60.0m | $74.2m | $64.2m | — | |
| Selling, General and Administrative Expense | $1.2b | $1.3b | $1.5b | $1.4b | $1.1b | $1.2b | $1.6b | $1.9b | $1.9b | $1.8b | $1.6b | |
| Other operating expenses | ($11.2m) | ($9.4m) | ($12.6m) | ($11.2m) | ($14.3m) | ($6.7m) | ($104.7m) | ($17.3m) | ($125.4m) | ($32.5m) | — | |
| Other Operating Income Expense | ($59.1m) | $334.6m | $871.8m | $832.4m | $33.4m | $707.5m | $3.0b | $35.8m | ($64.8m) | ($8.7m) | — | |
| Interest Expense On Lease Liabilities | — | — | — | — | — | — | $3.5m | $3.4m | — | — | $33.1m | |
| Other Income | $21.1m | $10.5m | $15.1m | $23.0m | $33.4m | $68.2m | $104.5m | $53.0m | $60.6m | $23.8m | — | |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | $71.5m | $116.1m | $194.0m | $82.0m | $108.8m | $512.6m | $208.7m | $95.4m | $8.5m | $58.0m | — | |
| Income before equity in earnings of non-consolidated companies and income tax | ($37.1m) | $311.6m | $909.1m | $851.7m | ($728.1m) | $730.2m | $3.0b | $4.5b | $2.5b | $2.4b | — | |
| Income before income tax | $34.4m | $427.7m | $1.1b | $933.7m | ($619.3m) | $1.2b | $3.2b | $4.6b | $2.6b | $2.5b | $2.5b | |
| Current Tax Expense (Income) | $174.4m | $184.0m | $343.1m | ($299.7m) | $121.0m | $215.5m | $589.7m | $868.7m | $651.8m | $562.2m | — | |
| Deferred Tax Expense (Income) | ($133.0m) | ($100.4m) | ($113.9m) | $97.2m | ($97.9m) | ($26.0m) | $27.5m | ($193.7m) | ($172.1m) | ($61.6m) | — | |
| Income tax | ($17.1m) | $17.1m | ($229.2m) | ($202.5m) | ($23.1m) | ($189.4m) | ($617.2m) | ($675.0m) | ($479.7m) | ($500.6m) | $499.4m | |
| Earnings per share attributable to shareholders' equity during the year: | ||||||||||||
| Diluted earnings per share (U.S. dollars per share) | $0.09 | $0.92 | $1.48 | $1.26 | ($1.07) | $1.86 | $2.16 | $3.32 | $1.81 | $1.83 | $3.74 | |
| Weighted average number of outstanding ordinary shares (thousands) (in shares) | 1.2b | 1.2b | 1.2b | 1.2b | 1.2m | 1.2m | 1.2b | 1.2b | 1.1b | 1.1b | — | |
| Additional Financial Items | ||||||||||||
| Auditors Remuneration For Tax Services | $14k | $23k | — | $7k | $102k | — | — | $148k | $78k | — | — | |
| Depreciation And Amortisation Expense | — | — | — | $539.5m | $678.8m | $594.7m | $607.7m | $548.5m | — | — | $86.9m | |
| Depreciation Right of Use Assets | — | — | — | $44.3m | — | — | — | — | — | $63.7m | $86.9m | |
| Employee Benefits Expense | $1.1b | $1.2b | $1.3b | $1.4b | $1.2b | $1.3b | $1.7b | $2.1b | $2.2b | $2.1b | — | |
| Expense Relating To Leases Of Low-Value Assets For Which Recognition Exemption Has Been Used | — | — | — | $1.3m | — | — | — | — | — | — | — | |
| Expense Relating To Short-Term Leases For Which Recognition Exemption Has Been Used | — | — | — | $15.1m | — | — | — | — | — | — | — | |
| Finance Costs | $22.3m | $27.1m | $36.9m | $43.4m | $27.0m | $23.7m | $45.9m | $106.9m | $61.2m | $46.9m | — | |
| Finance Income | $66.2m | $47.6m | $39.9m | $48.0m | $18.4m | $38.0m | $80.0m | $213.5m | $242.3m | $252.2m | — | |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | — | — | — | — | $622.4m | $57.1m | $76.7m | — | — | — | — | |
| Other Finance Cost | — | — | — | — | $1.6m | $1.0m | $30.1m | $95.0m | $100.7m | $16.0m | — | |
| Postemployment Benefit Expense Defined Benefit Plans | $10.6m | $15.1m | $15.4m | $18.2m | $11.1m | $13.4m | $16.3m | $19.5m | $24.3m | $8.1m | — | |
| Postemployment Benefit Expense Defined Contribution Plans | $10.8m | $12.4m | $13.2m | $12.7m | $12.4m | $12.6m | $13.3m | $15.1m | $16.0m | $18.2m | — | |
| Profit Loss Attributable To Noncontrolling Interests | $3.4m | ($8.3m) | ($2.2m) | ($11.4m) | ($8.0m) | ($46.9m) | ($4.6m) | $39.8m | $40.3m | $40.5m | — | |
| Profit Loss Attributable To Owners Of Parent | $55.3m | $544.7m | $876.1m | $742.7m | ($634.4m) | $1.1b | $2.6b | $3.9b | $2.0b | $1.9b | — | |
| Profit Loss Before Tax | $34.4m | $427.7m | $1.1b | $933.7m | ($619.3m) | $1.2b | $3.2b | $4.6b | $2.6b | $2.5b | — | |
| Profit Loss From Operating Activities | ($59.1m) | $334.6m | $871.8m | $832.4m | ($663.1m) | $707.5m | $3.0b | $4.3b | $2.4b | $2.3b | — | |
| Other financial results, net | ($21.9m) | ($43.5m) | $34.4m | $14.7m | ($56.4m) | $8.3m | ($40.1m) | $114.4m | ($52.1m) | ($72.7m) | — | |
| Equity in earnings of non-consolidated companies | $71.5m | $116.1m | $194.0m | $82.0m | $108.8m | $512.6m | $208.7m | $95.4m | $8.5m | $58.0m | — | |
| Income for the year | $58.7m | $536.4m | $873.9m | $731.3m | ($642.4m) | $1.1b | $2.5b | $4.0b | $2.1b | $2.0b | — | |
| Shareholders' equity | $55.3m | $544.7m | $876.1m | $742.7m | ($634.4m) | $1.1b | $2.6b | $3.9b | $2.0b | $1.9b | — | |
| Non-controlling interests | $3.4m | ($8.3m) | ($2.2m) | ($11.4m) | ($8.0m) | ($46.9m) | ($4.6m) | $39.8m | $40.3m | $40.5m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.