TS vs WS vs LCII Stock Comparison

Tenaris, Worthington Steel and Lci Industries Prices as of Oct 28, 2026 Peers: Industry group
TS Tenaris Sa
$60.41 +7.6% 1M +60.2% 1Y
Market cap
$64.57B
P/E
33.8x
Revenue (TTM)
$12.04B
Div. yield
–
Metal Fabrication Industrials
7 wins
WS Worthington Steel, Inc.
$42.40 +15.2% 1M +33.0% 1Y
Market cap
$2.13B
P/E
–
Revenue (TTM)
$5.30B
Div. yield
0.02%
Metal Fabrication Industrials
2 wins
LCII Lci Industries
$97.37 +13.9% 1M +4.6% 1Y
Market cap
$2.38B
P/E
11.3x
Revenue (TTM)
$4.03B
Div. yield
–
Metal Fabrication Industrials
2 wins

Head to Head

11 decided of 12

Tenaris leads on 7 of the 12 questions below (Tenaris 7, Lci Industries 2, Worthington Steel 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTSWSLCIILeader
Larger companyMarket capitalisation $64.57B $2.13B $2.38B TS
Cheaper on earningsLower P/E, profitable companies only 33.8x -55.5x 11.3x LCII
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.2x 11.1x 11.9x WS
Faster revenue growthRevenue growth, trailing twelve months +2.3% +69.1% +4.1% WS
More profitableNet margin, trailing twelve months 15.9% -0.7% 5.2% TS
Better return on capitalReturn on invested capital 12.7% 0.2% 9.7% TS
Less leveragedLower net debt / EBITDA -3.1x 19.9x 1.5x TS
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months +60.2% +33.0% +4.6% TS
Better 5-year returnAnnualised price return, 5 years +22.1%/yr — -7.0%/yr TS
Less volatileAnnualised volatility, 1 year 28.9% 47.2% 38.7% TS
Higher overall scoreMean of the five percentile scores vs peers 58/100 34/100 70/100 LCII

Percentile Scorecard

TSWSLCII

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisTSWSLCII
Valuation 42 #118 of 203 61 #80 of 203 97 #7 of 203
Growth 17 #157 of 188 33 #126 of 188 58 #79 of 188
Profitability 81 #36 of 184 29 #131 of 184 60 #75 of 184
Financial Health 99 #4 of 217 11 #194 of 217 47 #116 of 217
Shareholder Returns 53 #72 of 153 36 #99 of 153 86 #22 of 153
Overall 58 34 70
  • TS ranked among 222 companies in Machinery
  • WS ranked among 222 companies in Machinery
  • LCII ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodTSWSLCIISPY
1 month +7.6%+15.2%+13.9% +0.9%
3 months +8.2%+18.8%-8.7% +5.9%
6 months -4.9%+16.5%-17.3% +8.5%
Year to date +57.1%+22.5%-19.8% +13.3%
1 year +60.2%+33.0%+4.6% +12.4%
3 years +92.3%—-8.0% +88.1%
3 years, per year +24.4%—-2.7% +23.5%
5 years +171.1%—-30.3% +68.2%
5 years, per year +22.1%—-7.0% +11.0%
10 years +112.2%—+10.2% +263.4%
10 years, per year +7.8%—+1.0% +13.8%

Risk

MeasureTSWSLCIISPY
Volatility, 1Y 28.9%47.2%38.7% 12.7%
Downside volatility, 1Y 29.4%49.6%36.4% 12.7%
Beta vs S&P 500, 1Y 0.331.640.86 1.00
Return / volatility, 1Y 2.080.700.12 0.98
Max drawdown, 5Y -33.7%-51.5%-53.5% -25.4%
From 52-week high -5.6%-12.9%-38.0% -0.9%
52-week high $64.02$48.69$157.13 $779.14
52-week low $37.70$28.10$78.16 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleTSWSLCII
P/E now vs peer median 33.4xmedian 25.4x -55.4xmedian 25.4x 11.2xmedian 25.4x
P/S now vs peer median 5.4xmedian 1.9x 0.4xmedian 1.9x 0.6xmedian 1.9x
EV/EBITDA now vs peer median 19.6xmedian 14.3x 42.0xmedian 14.3x 7.1xmedian 14.3x
P/FCF now vs peer median 23.3xmedian 21.8x 46.5xmedian 21.8x 8.2xmedian 21.8x
P/B now vs peer median 3.8xmedian 2.2x 1.3xmedian 2.2x 1.7xmedian 2.2x
PEG now vs peer median —median 1.41 1.70median 1.41 0.30median 1.41

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsTSWSLCII
Revenue $12.04B $5.30B $4.03B
Gross profit $4.08B $549.30M $1.03B
Operating income $2.23B $6.30M $301.92M
Net income $1.97B -$56.50M $211.27M
Free cash flow $2.78B $46.70M $286.96M
EPS (diluted) – $-0.77 $8.66
Cash & equivalents $9.02B $248.20M $216.51M
Total debt $1.27B $2.20B $852.59M
Shares (diluted) – 50.00M 24.39M
Enterprise value $35.61B $1.61B $1.60B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricTSWSLCII
P/E 33.4x -55.4x 11.2x
P/FCF 23.3x 46.5x 8.2x
P/Operating cash flow 28.9x 10.8x 6.8x
P/S 5.4x 0.4x 0.6x
P/B 3.8x 1.3x 1.7x
P/Tangible book 3.8x 1.4x 2.2x
EV/EBITDA 19.6x 42.0x 7.1x
EV/EBIT 25.1x 653.9x 9.9x
EV/Revenue 4.7x 0.8x 0.7x
EV/FCF 20.1x 88.2x 10.5x
EV/Operating cash flow 25.0x 20.4x 8.7x
PEG (3Y EPS CAGR) – 1.70 0.30

Growth

14 metrics
MetricTSWSLCII
Revenue growth (1Y) 2.3% 69.1% 4.1%
Revenue CAGR (3Y) -6.7% 15.5% 0.1%
Gross profit growth (1Y) 2.7% 36.2% 13.4%
Gross profit CAGR (3Y) -13.9% 13.4% 8.7%
Operating income growth (1Y) 0.0% -95.9% 26.3%
Operating income CAGR (3Y) -20.6% -65.2% 29.3%
Net income growth (1Y) -3.3% -144.9% 38.8%
Net income CAGR (3Y) -18.8% -34.5% 35.5%
EPS growth (1Y) – -132.7% 43.1%
EPS CAGR (3Y) – -32.5% 37.4%
Operating cash flow growth (1Y) -11.7% 18.9% 1.9%
Operating cash flow CAGR (3Y) -9.6% -10.4% -13.1%
Free cash flow growth (1Y) -13.2% 50.2% -3.4%
Free cash flow CAGR (3Y) -7.8% -41.1% -12.9%

Profitability

14 metrics
MetricTSWSLCII
Gross margin 33.9% 10.4% 25.7%
EBITDA margin 23.7% 1.8% 10.5%
Operating margin 18.5% 0.1% 7.5%
Pretax margin 20.5% -0.2% 7.1%
Net margin 15.9% -0.7% 5.2%
FCF margin 23.1% 0.9% 7.1%
Operating cash flow margin 18.6% 3.8% 8.6%
Return on equity 11.4% -4.0% 15.0%
Return on assets 9.7% -1.4% 6.5%
Return on invested capital 12.7% 0.2% 9.7%
Return on capital employed 11.0% 0.3% 11.4%
Asset turnover 0.6x 1.3x 1.2x
Cash conversion (OCF / net income) 1.1x -3.6x 1.6x
Stock comp / revenue – 0.2% 0.6%

Financial Health

11 metrics
MetricTSWSLCII
Debt / assets 1.5% 36.5% 26.1%
Debt / equity 0.0x 1.3x 0.6x
Net debt / EBITDA -3.1x 19.9x 1.5x
Debt / FCF 0.1x 47.0x 3.0x
Liabilities / assets 15.2% 72.8% 56.2%
Equity / assets 84.8% 27.2% 43.8%
Interest coverage 45.4x 0.5x –
Current ratio – 1.8x 2.5x
Quick ratio 70.8x 0.8x 1.0x
Cash ratio 58.2x 0.1x 0.4x
Altman Z-score – 1.55 3.22

Shareholder Returns

7 metrics
MetricTSWSLCII
Dividend yield 2.9% 1.5% 4.7%
Net buyback yield -1.5% – 0.3%
Shareholder yield 1.4% 1.5% 5.0%
Payout ratio (earnings) – -57.9% –
Payout ratio (FCF) – 70.0% –
Dividend growth (1Y) – 2.2% –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusTSWSLCII
Forward P/E 15.2xFY2026 11.1xFY2026 11.9xFY2026
EPS, next fiscal year $3.97FY2026 $3.82FY2026 $8.18FY2026
EPS growth, next FY +8.5%FY2026 +71.3%FY2026 +9.7%FY2026
EPS growth, the year after +1.5% +30.4% +18.7%
Revenue, next fiscal year $12.99BFY2026 $10.90BFY2026 $4.16BFY2026
Revenue growth, next FY +8.4%FY2026 +217.0%FY2026 +1.1%FY2026
Revenue growth, the year after -6.1% +2.4% +4.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTSWSLCII
Held by institutions 3.6% 56.3% 100.0%
Institutions holding 283 238 358
Change in shares held, QoQ -2.4% +1.2% -3.1%
Institutions buying 154 112 179
Institutions selling 78 68 123
Buyers to sellers 1.97 1.65 1.46

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

TSWSLCII
TS 1.00 0.22 -0.04
WS 0.22 1.00 0.24
LCII -0.04 0.24 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TS, WS and LCII?

Tenaris (TS) is the largest by market capitalisation: Tenaris (TS) $64.57B, Worthington Steel (WS) $2.13B, Lci Industries (LCII) $2.38B.

Which stock is cheaper, TS, WS and LCII?

Lci Industries (LCII) trades on the lowest price-to-earnings ratio (Tenaris (TS) 33.8x, Worthington Steel (WS) -55.5x, Lci Industries (LCII) 11.3x). On next year's consensus earnings, Worthington Steel (WS) is cheapest (Tenaris (TS) 15.2x, Worthington Steel (WS) 11.1x, Lci Industries (LCII) 11.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Worthington Steel (WS) grew revenue fastest over the trailing twelve months: Tenaris (TS) +2.3%, Worthington Steel (WS) +69.1%, Lci Industries (LCII) +4.1%.

Which company is more profitable?

Tenaris (TS) has the highest net margin (Tenaris (TS) 15.9%, Worthington Steel (WS) -0.7%, Lci Industries (LCII) 5.2%). On return on invested capital, Tenaris (TS) leads (Tenaris (TS) 12.7%, Worthington Steel (WS) 0.2%, Lci Industries (LCII) 9.7%).

Which stock has performed better?

Over the past year Tenaris (TS) returned the most: Tenaris (TS) +60.2%, Worthington Steel (WS) +33.0%, Lci Industries (LCII) +4.6%. Over five years, Tenaris (TS) compounded fastest (Tenaris (TS) +22.1%/yr, Lci Industries (LCII) -7.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Tenaris (TS) 0.00%, Worthington Steel (WS) 0.02%, Lci Industries (LCII) 0.00%. Tenaris (TS) and Lci Industries (LCII) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Tenaris (TS) has been the steadiest (Tenaris (TS) 28.9%, Worthington Steel (WS) 47.2%, Lci Industries (LCII) 38.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TS, WS and LCII?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Tenaris (TS) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.