Tenaris (TS) Free Cash Flow (2009 - 2026)
Tenaris (TS) posted quarterly Free Cash Flow of $732.1 million for Q1 2026, down 26.41% year-over-year from $994.8 million in Q1 2025, and down 19.52% quarter-over-quarter from $909.7 million in Q4 2025.
Tenaris (TS) Free Cash Flow (2009 - 2026) Analysis & Trends
Tenaris (TS) has reported Free Cash Flow for 18 consecutive years, with $732.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Free Cash Flow fell 26.41% year-over-year to $732.1 million; the TTM figure through Mar 2026 stood at $3.0 billion (down 15.5% YoY), while the FY2025 annual figure was $2.0 billion, down 8.74% from the prior year.
- Free Cash Flow slipped to $732.1 million in Q1 2026 per TS's latest filing, from $909.7 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $1.5 billion in Q2 2023 and bottomed at $40.3 million in Q1 2022.
- Historically, Free Cash Flow has averaged $827.6 million across 5 years, with a median of $808.6 million in 2025.
- On a YoY basis, Free Cash Flow climbed as much as 54423.45% in 2022 and fell as far as 65.17% in 2022.
- Tenaris' Free Cash Flow stood at $631.6 million in 2022, then jumped by 58.74% to $1.0 billion in 2023, then slumped by 32.76% to $674.1 million in 2024, then jumped by 34.95% to $909.7 million in 2025, then declined by 19.52% to $732.1 million in 2026.
- Business Quant data shows TS's Free Cash Flow at $732.1 million in Q1 2026, $909.7 million in Q4 2025, and $503.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 900.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 1.05 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 638.98 Mn |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 487.90 Mn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 589.00 Mn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | -64.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 133.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | -100.74 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 62.82 Mn |
| 10 | Oceaneering International | 5.28 Bn | 4.65 Bn | 156.98 Mn | 32.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 732.12 Mn |
| Mar 31, 2026 | 732.12 Mn |
| Dec 31, 2025 | 909.69 Mn |
| Dec 31, 2025 | 909.69 Mn |
| Sep 30, 2025 | 503.64 Mn |
| Sep 30, 2025 | 503.64 Mn |
| Jun 30, 2025 | 808.60 Mn |
| Jun 30, 2025 | 808.60 Mn |
| Mar 31, 2025 | 994.84 Mn |
| Mar 31, 2025 | 994.84 Mn |
| Dec 31, 2024 | 674.10 Mn |
| Dec 31, 2024 | 674.10 Mn |
| Sep 30, 2024 | 730.48 Mn |
| Sep 30, 2024 | 730.48 Mn |
| Jun 30, 2024 | 1.10 Bn |
| Jun 30, 2024 | 1.10 Bn |
| Mar 31, 2024 | 1.06 Bn |
| Mar 31, 2024 | 1.06 Bn |
| Dec 31, 2023 | 1.00 Bn |
| Dec 31, 2023 | 1.00 Bn |