Tenaris (TNRSF) Return on Capital Employed (2009 - 2025)
Tenaris (TNRSF) reported Return on Capital Employed of 9.49% for Q4 2025, down 383.0% year-over-year from 3.35% in Q4 2024, and down 28.77% quarter-over-quarter from 13.32% in Q4 2024.
Tenaris (TNRSF) Return on Capital Employed (2009 - 2025) Analysis & Trends
Tenaris (TNRSF) has 17 years of Return on Capital Employed data on file, last reported at 9.49% in Q4 2025.
- Return on Capital Employed for Q4 2025 came in at 9.49%, down 383.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 9.49% (down 383.0% YoY), and the FY2025 annual result was 12.74%, down 60.0% from the prior year.
- Return on Capital Employed slipped to 9.49% in Q4 2025 per TNRSF's latest filing, from 13.32% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 19.38% in Q2 2023 and troughed at 1.12% in Q2 2021.
- A 5-year average of 11.8% and a median of 13.32% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2023 and 2024: Return on Capital Employed jumped 1180 bps in 2023, then sank 399 bps in 2024.
- A 5-year view of Return on Capital Employed shows it stood at 5.47% in 2021, then jumped by 192 bps to 15.96% in 2022, then gained by 8 bps to 17.31% in 2023, then decreased by 23 bps to 13.32% in 2024, then dropped by 29 bps to 9.49% in 2025.
- Business Quant data shows TNRSF's Return on Capital Employed at 9.49% in Q4 2025, 13.32% in Q4 2024, and 16.57% in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 36.80% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 35.87% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 12.84% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 27.54% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 2.02% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 4.37% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 19.80% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 20.30% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 8.84% |
| 10 | Tenaris | - | - | 1.05 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 9.49% |
| Dec 31, 2024 | 13.32% |
| Jun 30, 2024 | 16.57% |
| Dec 31, 2023 | 17.31% |
| Jun 30, 2023 | 19.38% |
| Dec 31, 2022 | 15.96% |
| Jun 30, 2022 | 7.58% |
| Dec 31, 2021 | 5.47% |
| Jun 30, 2021 | 1.12% |
| Dec 31, 2020 | -5.25% |
| Jun 30, 2020 | -2.07% |
| Dec 31, 2019 | 6.33% |
| Dec 31, 2018 | 6.86% |
| Jun 30, 2018 | 5.50% |
| Dec 31, 2017 | 2.72% |
| Jun 30, 2017 | 0.49% |
| Dec 31, 2016 | -0.48% |
| Jun 30, 2016 | -2.61% |
| Dec 31, 2015 | 3.01% |
| Jun 30, 2015 | 9.21% |