Tenaris (TS) Change in Working Capital (2009 - 2026)
Tenaris (TS) posted Change in Working Capital of $37,000 for the quarter ended Jun 30, 2026, down 99.9% from $26.5 million a year earlier.
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Analysis
Tenaris (TS) Change in Working Capital (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Change in Working Capital at Tenaris was -$286.26 million; for the year ended Dec 31, 2025, it came in at $47.77 million, down 83.3% from the prior year.
- Annual Change in Working Capital shows a five-year compound annual growth rate of -46.2% (years ended Dec 2020 to Dec 2025).
- In prior years, Tenaris' Change in Working Capital was $286.92 million in the year ended Dec 31, 2024 (+57.3%), $182.43 million in the year ended Dec 31, 2023, -$2.13 billion in the year ended Dec 31, 2022 and -$1.07 billion in the year ended Dec 31, 2021.
- Quarterly Change in Working Capital has run from a low of -$682.12 million in the quarter ended Dec 31, 2022 to a high of $414.89 million in the quarter ended Sep 30, 2023 over five years.
- According to Business Quant data, Change in Working Capital for the three prior quarters was -$83.76 million (quarter ended Mar 31, 2026), $109.88 million (quarter ended Dec 31, 2025) and -$312.42 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | - |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | - |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | - |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | -451.00 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | -293.00 Mn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | - |
| 10 | Tenaris | 59.14 Bn | 22.35 Bn | 984.66 Mn | 37,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37,000.00 |
| Mar 31, 2026 | -83.76 Mn |
| Dec 31, 2025 | 109.88 Mn |
| Sep 30, 2025 | -312.42 Mn |
| Jun 30, 2025 | 26.50 Mn |
| Mar 31, 2025 | 223.82 Mn |
| Dec 31, 2024 | -36.60 Mn |
| Sep 30, 2024 | 48.00 Mn |
| Jun 30, 2024 | 285.07 Mn |
| Mar 31, 2024 | -9.55 Mn |
| Dec 31, 2023 | -65.70 Mn |
| Sep 30, 2023 | 414.89 Mn |
| Jun 30, 2023 | 293.80 Mn |
| Mar 31, 2023 | -460.56 Mn |
| Dec 31, 2022 | -682.12 Mn |
| Sep 30, 2022 | -625.31 Mn |
| Jun 30, 2022 | -232.00 Mn |
| Mar 31, 2022 | -591.82 Mn |
| Dec 31, 2021 | -381.72 Mn |
| Sep 30, 2021 | -275.62 Mn |
API Access
Tenaris Change in Working Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=TS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "ticker": "TS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=TS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();