Tenaris (TNRSF) Free Cash Flow (2009 - 2026)
Tenaris' (TNRSF) quarterly Free Cash Flow came in at $639.0 million in Q2 2026, down 20.98% year-over-year from $808.6 million in Q2 2025, and down 12.72% quarter-over-quarter from $732.1 million in Q1 2026.
Analysis
Tenaris (TNRSF) Free Cash Flow (2009 - 2026) Analysis & Trends
Tenaris (TNRSF) has reported Free Cash Flow for 18 consecutive years, with $639.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 20.98% year-over-year to $639.0 million in Q2 2026; TTM through Jun 2026 was $2.8 billion, a 13.2% decrease from a year earlier, with the FY2025 full-year figure at $3.2 billion, down 9.65% from the prior year.
- Free Cash Flow was $639.0 million for Q2 2026 at Tenaris, down from $732.1 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $1.5 billion in Q2 2023 and troughed at -$93.6 million in Q1 2022.
- A 5-year average of $809.7 million and a median of $770.4 million in 2025 frame the typical range for Free Cash Flow.
- The widest YoY moves for Free Cash Flow: up 54423.45% in 2022, down 180.84% in 2022.
- Over 5 years, Free Cash Flow stood at $631.6 million in 2022, then surged by 58.74% to $1.0 billion in 2023, then slumped by 32.76% to $674.1 million in 2024, then surged by 34.95% to $909.7 million in 2025, then declined by 29.76% to $639.0 million in 2026.
- The last three Free Cash Flow figures came in at $639.0 million (Q2 2026), $732.1 million (Q1 2026), and $909.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 30.37 Bn | 21.60 Bn | 984.66 Mn | 638.98 Mn |
| 2 | Mueller Industries | 13.87 Bn | 12.46 Bn | 395.35 Mn | 190.70 Mn |
| 3 | Arcosa | 7.15 Bn | 6.71 Bn | 155.70 Mn | -70.00 Mn |
| 4 | Azz | 4.14 Bn | 4.14 Bn | 112.17 Mn | 18.40 Mn |
| 5 | Constellium Se | 3.69 Bn | 3.53 Bn | 480.00 Mn | 84.00 Mn |
| 6 | Lci Industries | 2.33 Bn | 2.12 Bn | 301.14 Mn | 184.91 Mn |
| 7 | Worthington Steel | 1.72 Bn | 1.63 Bn | 118.80 Mn | 7.80 Mn |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 25.30 Mn |
| 9 | Park Ohio Holdings | 647.04 Mn | 598.74 Mn | 78.90 Mn | -1.80 Mn |
| 10 | Insteel Industries | 595.23 Mn | 572.28 Mn | 20.10 Mn | 10.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 638.98 Mn |
| Mar 31, 2026 | 732.12 Mn |
| Dec 31, 2025 | 909.69 Mn |
| Sep 30, 2025 | 503.64 Mn |
| Jun 30, 2025 | 808.60 Mn |
| Mar 31, 2025 | 994.84 Mn |
| Dec 31, 2024 | 674.10 Mn |
| Sep 30, 2024 | 730.48 Mn |
| Jun 30, 2024 | 1.10 Bn |
| Mar 31, 2024 | 1.06 Bn |
| Dec 31, 2023 | 1.00 Bn |
| Sep 30, 2023 | 1.47 Bn |
| Jun 30, 2023 | 1.51 Bn |
| Mar 31, 2023 | 1.04 Bn |
| Dec 31, 2022 | 631.59 Mn |
| Sep 30, 2022 | 371.58 Mn |
| Jun 30, 2022 | 502.16 Mn |
| Mar 31, 2022 | -93.60 Mn |
| Dec 31, 2021 | 114.68 Mn |
| Sep 30, 2021 | 127.21 Mn |