Tenaris (TS) EBITDA Margin (2009 - 2026)
Tenaris (TS) reported EBITDA Margin of 18.83% for Q1 2026, up 1.0% year-over-year from 18.65% in Q1 2025, and up 1.82% quarter-over-quarter from 18.49% in Q4 2025.
Tenaris (TS) EBITDA Margin (2009 - 2026) Analysis & Trends
Tenaris (TS) has 18 years of EBITDA Margin data on file, last reported at 18.83% in Q1 2026.
- EBITDA Margin for Q1 2026 came in at 18.83%, up 1.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.26% (down 1269.0% YoY), and the FY2025 annual result was 24.2%, down 17.0% from the prior year.
- EBITDA Margin rose to 18.83% in Q1 2026 per TS's latest filing, from 18.49% in the prior quarter.
- Over five years, EBITDA Margin peaked at 57.53% in Q4 2024 and troughed at 0.0% in Q2 2023.
- A 5-year average of 23.53% and a median of 23.58% in 2024 frame the typical range for EBITDA Margin.
- The sharpest annual moves came in 2024 and 2025: EBITDA Margin surged 2898 bps in 2024, then slumped 3904 bps in 2025.
- A 5-year view of EBITDA Margin shows it stood at 39.58% in 2022, then retreated by 28 bps to 28.55% in 2023, then soared by 102 bps to 57.53% in 2024, then plunged by 68 bps to 18.49% in 2025, then climbed by 2 bps to 18.83% in 2026.
- Business Quant data shows TS's EBITDA Margin at 18.83% in Q1 2026, 18.49% in Q4 2025, and 20.03% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 50.58% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 11.87% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 12.57% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 14.51% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 0.99% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 2.29% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 10.68% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 53.94% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 49.49% |
| 10 | Tenaris | 33,177.60 | -11.86 Bn | 1.05 Bn | 18.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.83% |
| Dec 31, 2025 | 18.49% |
| Sep 30, 2025 | 20.03% |
| Jun 30, 2025 | 0.00% |
| Mar 31, 2025 | 18.82% |
| Dec 31, 2024 | 57.53% |
| Sep 30, 2024 | 18.42% |
| Jun 30, 2024 | 15.41% |
| Mar 31, 2024 | 23.58% |
| Dec 31, 2023 | 28.55% |
| Sep 30, 2023 | 31.01% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 32.63% |
| Dec 31, 2022 | 39.58% |
| Sep 30, 2022 | 27.00% |
| Jun 30, 2022 | 23.67% |
| Mar 31, 2022 | 26.49% |
| Dec 31, 2021 | 23.48% |
| Sep 30, 2021 | 13.17% |
| Jun 30, 2021 | 9.92% |