Tenaris (TNRSF) Tax Rate (2009 - 2026)
Tenaris' (TNRSF) quarterly Tax Rate came in at 14.27% in Q2 2026, up 201.0% year-over-year from 4.74% in Q2 2025, and up 7.91% quarter-over-quarter from 15.5% in Q1 2026.
Analysis
Tenaris (TNRSF) Tax Rate (2009 - 2026) Analysis & Trends
Tenaris (TNRSF) has reported Tax Rate for 18 consecutive years, with 14.27% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 201.0% year-over-year to 14.27% in Q2 2026; TTM through Jun 2026 was 20.22%, a 235.0% decrease from a year earlier, with the FY2025 full-year figure at 20.24%, down 147.0% from the prior year.
- Tax Rate was 14.27% for Q2 2026 at Tenaris, up from 15.5% in the prior quarter.
- Over five years, Tax Rate peaked at 18.25% in Q4 2023 and troughed at 33.72% in Q3 2023.
- A 5-year average of 17.83% and a median of 19.38% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 4258 bps in 2023 and tumbled 3737 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 24.33% in 2022, then soared by 175 bps to 18.25% in 2023, then slumped by 205 bps to 19.12% in 2024, then declined by 23 bps to 23.58% in 2025, then soared by 39 bps to 14.27% in 2026.
- The last three Tax Rate figures came in at 14.27% (Q2 2026), 15.5% (Q1 2026), and 23.58% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 30.37 Bn | 21.60 Bn | 984.66 Mn | -14.27% |
| 2 | Mueller Industries | 13.82 Bn | 12.41 Bn | 395.35 Mn | 25.40% |
| 3 | Arcosa | 7.15 Bn | 6.71 Bn | 155.70 Mn | 18.30% |
| 4 | Azz | 4.15 Bn | 4.15 Bn | 112.17 Mn | 21.22% |
| 5 | Constellium Se | 3.66 Bn | 3.50 Bn | 480.00 Mn | 30.84% |
| 6 | Lci Industries | 2.34 Bn | 2.12 Bn | 301.14 Mn | 25.56% |
| 7 | Worthington Steel | 1.71 Bn | 1.62 Bn | 118.80 Mn | -20.81% |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 26.59% |
| 9 | Park Ohio Holdings | 644.47 Mn | 596.17 Mn | 78.90 Mn | 16.67% |
| 10 | Insteel Industries | 593.29 Mn | 570.34 Mn | 20.10 Mn | 22.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.27% |
| Mar 31, 2026 | -15.50% |
| Dec 31, 2025 | -23.58% |
| Sep 30, 2025 | -27.50% |
| Jun 30, 2025 | -16.28% |
| Mar 31, 2025 | -13.57% |
| Dec 31, 2024 | -19.12% |
| Sep 30, 2024 | -22.59% |
| Jun 30, 2024 | -28.40% |
| Mar 31, 2024 | -10.16% |
| Dec 31, 2023 | 18.25% |
| Sep 30, 2023 | -33.72% |
| Jun 30, 2023 | -19.64% |
| Mar 31, 2023 | -20.77% |
| Dec 31, 2022 | -24.33% |
| Sep 30, 2022 | -21.97% |
| Jun 30, 2022 | -15.97% |
| Mar 31, 2022 | -11.79% |
| Dec 31, 2021 | -17.69% |
| Sep 30, 2021 | -15.21% |