Tenaris (TS) FCF Margin (2009 - 2026)
Tenaris (TS) reported FCF Margin of 21.54% for the quarter ended Jun 30, 2026, down 4.67 percentage points from 26.21% a year earlier and down 2.07 percentage points from the prior quarter.
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Analysis
Tenaris (TS) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Tenaris' FCF Margin came in at 23.13%, down 4.13 percentage points year-over-year; for the year ended Dec 31, 2025, it was 26.85%, down 1.58 percentage points from the prior year.
- FCF Margin has a five-year change of -6.45 percentage points (years ended Dec 2020 to Dec 2025).
- By year, FCF Margin came in at 28.43% in the year ended Dec 31, 2024 (-5.30 pp), 33.72% in the year ended Dec 31, 2023 (+20.58 pp), 13.14% in the year ended Dec 31, 2022 (+7.64 pp) and 5.50% in the year ended Dec 31, 2021 (-27.80 pp).
- Five-year quarterly FCF Margin spans a low of -3.95% in the quarter ended Mar 31, 2022 and a high of 45.32% in the quarter ended Sep 30, 2023.
- Year over year, FCF Margin gained in two of the last eight quarters, with an average year-over-year change of -5.75 percentage points.
- The high point for year-over-year FCF Margin in five years was the quarter ended Sep 30, 2023 (a gain of 32.83 percentage points); the low point was the quarter ended Sep 30, 2021 (a drop of 38.05 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 23.61% (quarter ended Mar 31, 2026), 30.37% (quarter ended Dec 31, 2025) and 16.91% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 328.06 Bn | 299.76 Bn | 7.76 Bn | 15.87% |
| 2 | Amphenol | 193.01 Bn | 187.71 Bn | 3.55 Bn | 13.72% |
| 3 | Deere | 172.35 Bn | 181.12 Bn | 4.66 Bn | 10.35% |
| 4 | Eaton | 149.23 Bn | 146.46 Bn | 2.86 Bn | 10.24% |
| 5 | Parker-Hannifin | 113.53 Bn | 111.66 Bn | 2.25 Bn | 27.16% |
| 6 | Emerson Electric | 92.73 Bn | 85.49 Bn | 2.66 Bn | 27.13% |
| 7 | 3M | 88.68 Bn | 71.10 Bn | 2.78 Bn | 3.49% |
| 8 | Vertiv Holdings | 80.37 Bn | 70.99 Bn | 1.23 Bn | 28.30% |
| 9 | Illinois Tool Works | 78.58 Bn | 78.59 Bn | - | - |
| 10 | Tenaris | 64.66 Bn | 35.96 Bn | 984.66 Mn | 21.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.54% |
| Mar 31, 2026 | 23.61% |
| Dec 31, 2025 | 30.37% |
| Sep 30, 2025 | 16.91% |
| Jun 30, 2025 | 26.21% |
| Mar 31, 2025 | 34.04% |
| Dec 31, 2024 | 23.69% |
| Sep 30, 2024 | 25.06% |
| Jun 30, 2024 | 33.01% |
| Mar 31, 2024 | 30.77% |
| Dec 31, 2023 | 29.36% |
| Sep 30, 2023 | 45.32% |
| Jun 30, 2023 | 36.98% |
| Mar 31, 2023 | 25.06% |
| Dec 31, 2022 | 17.45% |
| Sep 30, 2022 | 12.49% |
| Jun 30, 2022 | 17.93% |
| Mar 31, 2022 | 1.70% |
| Dec 31, 2021 | 5.57% |
| Sep 30, 2021 | 7.25% |
API Access
Tenaris FCF Margin 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=fcf-margin&ticker=TS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=TS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();