Tenaris (TNRSF) FCF Margin (2009 - 2026)
Tenaris' (TNRSF) quarterly FCF Margin came in at 21.54% in Q2 2026, down 467.0% year-over-year from 5.87% in Q2 2025, and down 8.78% quarter-over-quarter from 23.61% in Q1 2026.
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Tenaris (TNRSF) FCF Margin (2009 - 2026) Analysis & Trends
Tenaris (TNRSF) has reported FCF Margin for 18 consecutive years, with 21.54% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin fell 467.0% year-over-year to 21.54% in Q2 2026; TTM through Jun 2026 was 23.13%, a 267.0% increase from a year earlier, with the FY2025 full-year figure at 26.85%, down 158.0% from the prior year.
- FCF Margin was 21.54% for Q2 2026 at Tenaris, down from 23.61% in the prior quarter.
- Over five years, FCF Margin peaked at 45.32% in Q3 2023 and troughed at 3.95% in Q1 2022.
- A 5-year average of 23.47% and a median of 25.06% in 2023 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin surged 3283 bps in 2023 and tumbled 2026 bps in 2024, its largest moves.
- Over 5 years, FCF Margin stood at 7.76% in 2022, then soared by 278 bps to 29.36% in 2023, then plunged by 66 bps to 9.97% in 2024, then soared by 205 bps to 30.37% in 2025, then declined by 29 bps to 21.54% in 2026.
- The last three FCF Margin figures came in at 21.54% (Q2 2026), 23.61% (Q1 2026), and 30.37% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 30.37 Bn | 21.60 Bn | 984.66 Mn | 21.54% |
| 2 | Mueller Industries | 13.82 Bn | 12.40 Bn | 395.35 Mn | 13.36% |
| 3 | Arcosa | 7.15 Bn | 6.71 Bn | 155.70 Mn | -10.63% |
| 4 | Azz | 4.14 Bn | 4.14 Bn | 112.17 Mn | 4.10% |
| 5 | Constellium Se | 3.67 Bn | 3.51 Bn | 480.00 Mn | 3.06% |
| 6 | Lci Industries | 2.34 Bn | 2.12 Bn | 301.14 Mn | 19.09% |
| 7 | Worthington Steel | 1.71 Bn | 1.62 Bn | 118.80 Mn | 0.84% |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 2.53% |
| 9 | Park Ohio Holdings | 646.77 Mn | 598.47 Mn | 78.90 Mn | -0.41% |
| 10 | Insteel Industries | 593.68 Mn | 570.73 Mn | 20.10 Mn | 5.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.54% |
| Mar 31, 2026 | 23.61% |
| Dec 31, 2025 | 30.37% |
| Sep 30, 2025 | 16.91% |
| Jun 30, 2025 | 26.21% |
| Mar 31, 2025 | 34.04% |
| Dec 31, 2024 | 9.97% |
| Sep 30, 2024 | 25.06% |
| Jun 30, 2024 | 33.01% |
| Mar 31, 2024 | 30.77% |
| Dec 31, 2023 | 29.36% |
| Sep 30, 2023 | 45.32% |
| Jun 30, 2023 | 36.98% |
| Mar 31, 2023 | 25.06% |
| Dec 31, 2022 | 7.76% |
| Sep 30, 2022 | 12.49% |
| Jun 30, 2022 | 17.93% |
| Mar 31, 2022 | -3.95% |
| Dec 31, 2021 | 4.23% |
| Sep 30, 2021 | 7.25% |