Tenaris (TS) Capital Expenditures (2009 - 2026)
Tenaris (TS) posted quarterly Capital Expenditures of -$114.5 million for Q1 2026, up 34.15% year-over-year from -$85.3 million in Q1 2025, and up 6.55% quarter-over-quarter from -$122.5 million in Q4 2025.
Tenaris (TS) Capital Expenditures (2009 - 2026) Analysis & Trends
Tenaris (TS) has reported Capital Expenditures for 18 consecutive years, with -$114.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Capital Expenditures rose 34.15% year-over-year to -$114.5 million; the TTM figure through Mar 2026 stood at -$557.8 million (up 19.82% YoY), while the FY2025 annual figure was $617.2 million, down 11.06% from the prior year.
- Capital Expenditures rose to -$114.5 million in Q1 2026 per TS's latest filing, from -$122.5 million in the prior quarter.
- Across five years, Capital Expenditures topped out at -$66.9 million in Q1 2022 and bottomed at -$185.4 million in Q3 2025.
- Historically, Capital Expenditures has averaged -$142.6 million across 5 years, with a median of -$161.3 million in 2024.
- Annual changes were most pronounced in 2023 — Capital Expenditures tumbled 121.96% — and 2026, when it jumped 34.15%.
- Tenaris' Capital Expenditures stood at -$107.6 million in 2022, then tumbled by 54.97% to -$166.8 million in 2023, then slipped by 9.02% to -$181.9 million in 2024, then jumped by 32.64% to -$122.5 million in 2025, then grew by 6.55% to -$114.5 million in 2026.
- Business Quant data shows TS's Capital Expenditures at -$114.5 million in Q1 2026, -$122.5 million in Q4 2025, and -$185.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.61 Bn | 75.54 Bn | 4.63 Bn | 459.00 Mn |
| 2 | Baker Hughes | 62.10 Bn | 46.37 Bn | 1.58 Bn | 300.00 Mn |
| 3 | Tenaris | 52.87 Bn | 43.84 Bn | 984.66 | -121.46 Mn |
| 4 | TechnipFMC | 30.79 Bn | 29.55 Bn | 1.40 Bn | 60.10 Mn |
| 5 | Halliburton | 29.43 Bn | 27.38 Bn | 2.10 Bn | 235.00 Mn |
| 6 | Nov | 7.25 Bn | 6.09 Bn | 521.00 Mn | 81.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 42.00 Mn |
| 8 | Kodiak Gas Services | 5.59 Bn | 5.45 Bn | 246.76 Mn | 200.21 Mn |
| 9 | Archrock | 5.50 Bn | 5.50 Bn | 244.51 Mn | 97.96 Mn |
| 10 | Oceaneering International | 5.21 Bn | 4.58 Bn | 156.98 Mn | 23.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -114.48 Mn |
| Mar 31, 2026 | -114.48 Mn |
| Dec 31, 2025 | -122.51 Mn |
| Dec 31, 2025 | -122.51 Mn |
| Sep 30, 2025 | -185.38 Mn |
| Sep 30, 2025 | -185.38 Mn |
| Jun 30, 2025 | -135.45 Mn |
| Jun 30, 2025 | -135.45 Mn |
| Mar 31, 2025 | -173.84 Mn |
| Mar 31, 2025 | -173.84 Mn |
| Dec 31, 2024 | -181.87 Mn |
| Dec 31, 2024 | -181.87 Mn |
| Sep 30, 2024 | -178.67 Mn |
| Sep 30, 2024 | -178.67 Mn |
| Jun 30, 2024 | -161.32 Mn |
| Jun 30, 2024 | -161.32 Mn |
| Mar 31, 2024 | -172.10 Mn |
| Mar 31, 2024 | -172.10 Mn |
| Dec 31, 2023 | -166.82 Mn |
| Dec 31, 2023 | -166.82 Mn |