Tenaris (TNRSF) Other Operating Expenses (2009 - 2024)
Tenaris' (TNRSF) quarterly Other Operating Expenses came in at $12.3 million in Q1 2024, up 132.19% year-over-year from $5.3 million in Q2 2023, and up 354.53% quarter-over-quarter from -$4.8 million in Q4 2023.
Analysis
Tenaris (TNRSF) Other Operating Expenses (2009 - 2024) Analysis & Trends
Tenaris (TNRSF) has reported Other Operating Expenses for 16 consecutive years, with $12.3 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Other Operating Expenses rose 132.19% year-over-year to $12.3 million in Q1 2024; TTM through Dec 2024 was $12.3 million, a 65.6% decrease from a year earlier, with the FY2025 full-year figure at -$8.7 million, up 86.57% from the prior year.
- Other Operating Expenses was $12.3 million for Q1 2024 at Tenaris, up from -$4.8 million in the prior quarter.
- Over five years, Other Operating Expenses peaked at $36.1 million in Q3 2023 and troughed at -$12.0 million in Q4 2022.
- A 5-year average of $7.6 million and a median of $6.9 million in 2020 frame the typical range for Other Operating Expenses.
- Across the five-year window, Other Operating Expenses plunged 202.93% in 2022 and surged 2158.58% in 2023, its largest moves.
- Over 5 years, Other Operating Expenses stood at $14.4 million in 2020, then dropped by 18.85% to $11.6 million in 2021, then sank by 202.93% to -$12.0 million in 2022, then soared by 59.67% to -$4.8 million in 2023, then jumped by 354.53% to $12.3 million in 2024.
- The last three Other Operating Expenses figures came in at $12.3 million (Q1 2024), -$4.8 million (Q4 2023), and $36.1 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tenaris | 30.37 Bn | 21.60 Bn | 984.66 Mn |
| 2 | Mueller Industries | 13.82 Bn | 12.41 Bn | 395.35 Mn |
| 3 | Arcosa | 7.15 Bn | 6.71 Bn | 155.70 Mn |
| 4 | Azz | 4.15 Bn | 4.15 Bn | 112.17 Mn |
| 5 | Constellium Se | 3.66 Bn | 3.50 Bn | 480.00 Mn |
| 6 | Lci Industries | 2.34 Bn | 2.12 Bn | 301.14 Mn |
| 7 | Worthington Steel | 1.71 Bn | 1.62 Bn | 118.80 Mn |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn |
| 9 | Park Ohio Holdings | 644.47 Mn | 596.17 Mn | 78.90 Mn |
| 10 | Insteel Industries | 593.29 Mn | 570.34 Mn | 20.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 12.30 Mn |
| Dec 31, 2023 | -4.83 Mn |
| Sep 30, 2023 | 36.13 Mn |
| Jun 30, 2023 | -823,000.00 |
| Mar 31, 2023 | 5.30 Mn |
| Dec 31, 2022 | -11.99 Mn |
| Sep 30, 2022 | -1.76 Mn |
| Jun 30, 2022 | 9.45 Mn |
| Mar 31, 2022 | 4.08 Mn |
| Dec 31, 2021 | 11.65 Mn |
| Sep 30, 2021 | 8.33 Mn |
| Jun 30, 2021 | 33.75 Mn |
| Mar 31, 2021 | 7.83 Mn |
| Dec 31, 2020 | 14.35 Mn |
| Sep 30, 2020 | 6.89 Mn |
| Jun 30, 2020 | -3.35 Mn |
| Mar 31, 2020 | 1.26 Mn |
| Dec 31, 2019 | 4.29 Mn |
| Sep 30, 2019 | 5.14 Mn |
| Jun 30, 2019 | -2.05 Mn |