Tenaris (TS) Change in Inventory (2021 - 2025)

Tenaris (TS) has 5 years of Change in Inventory data on file, last reported at $3.5 billion in Q2 2025.

• On a quarterly basis, Change in Inventory fell 9.08% year-over-year to $3.5 billion in Q2 2025; TTM through Jun 2025 was $15.1 billion, a 3.21% decrease from a year earlier, with the FY2025 full-year figure at $151.7 million, down 17.98% from the prior year.
• Change in Inventory for Q2 2025 stood at $3.5 billion, down from $3.8 billion in the prior quarter.
• Over the last five years, Change in Inventory for TS reached as high as $4.0 billion in Q4 2022 and fell as low as $1.9 billion in Q1 2021.
• Historically, Change in Inventory has averaged $3.2 billion across 5 years, with a median of $3.4 billion in 2022.
• Across the five-year window, Change in Inventory surged 58.73% in 2022 and fell 9.08% in 2025, its largest moves.
• Year by year, Change in Inventory stood at $2.7 billion in 2021, then jumped by 49.18% to $4.0 billion in 2022, then retreated by 2.56% to $3.9 billion in 2023, then decreased by 1.29% to $3.8 billion in 2024, then decreased by 9.08% to $3.5 billion in 2025.
• Per Business Quant data, the three most recent Change in Inventory figures were $3.5 billion in Q2 2025, $3.8 billion in Q2 2024, and $3.9 billion in Q3 2023.