Tenaris (TS) Asset Utilization Ratio (2009 - 2026)
Tenaris (TS) posted quarterly Asset Utilization Ratio of 0.6 for Q1 2026, down 22.73% year-over-year from 0.78 in Q1 2025, and up 1.37% quarter-over-quarter from 0.59 in Q4 2025.
Tenaris (TS) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Tenaris (TS) has reported Asset Utilization Ratio for 18 consecutive years, with 0.6 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 22.73% year-over-year to 0.6; the TTM figure through Mar 2026 stood at 0.6 (down 22.73% YoY), while the FY2025 annual figure was 0.59, down 1.95% from the prior year.
- Asset Utilization Ratio rose to 0.6 in Q1 2026 per TS's latest filing, from 0.59 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.02 in Q2 2023 and bottomed at 0.43 in Q2 2022.
- Historically, Asset Utilization Ratio has averaged 0.71 across 5 years, with a median of 0.73 in 2023.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio soared 134.77% — and 2024, when it tumbled 38.33%.
- Tenaris' Asset Utilization Ratio stood at 0.78 in 2022, then retreated by 7.29% to 0.73 in 2023, then rose by 8.8% to 0.79 in 2024, then retreated by 25.24% to 0.59 in 2025, then climbed by 1.37% to 0.6 in 2026.
- Business Quant data shows TS's Asset Utilization Ratio at 0.6 in Q1 2026, 0.59 in Q4 2025, and 0.77 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 0.51 |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 0.54 |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 145,330.70 |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 1.02 |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 0.88 |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 0.77 |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 0.94 |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 0.28 |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 0.34 |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 1.08 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.60 |
| Dec 31, 2025 | 0.59 |
| Sep 30, 2025 | 0.77 |
| Jun 30, 2025 | 0.76 |
| Mar 31, 2025 | 0.78 |
| Dec 31, 2024 | 0.79 |
| Sep 30, 2024 | 0.62 |
| Jun 30, 2024 | 0.63 |
| Mar 31, 2024 | 0.66 |
| Dec 31, 2023 | 0.73 |
| Sep 30, 2023 | 1.00 |
| Jun 30, 2023 | 1.02 |
| Mar 31, 2023 | 0.84 |
| Dec 31, 2022 | 0.78 |
| Sep 30, 2022 | 0.49 |
| Jun 30, 2022 | 0.43 |
| Mar 31, 2022 | 0.56 |
| Dec 31, 2021 | 0.49 |
| Sep 30, 2021 | 0.59 |
| Jun 30, 2021 | 0.55 |