Tenaris (TS) Free Cash Flow (2009 - 2026)
Tenaris' Free Cash Flow came in at $638.98 million for the quarter ended Jun 30, 2026, down 21.0% from $808.6 million a year earlier and down 12.7% from the prior quarter.
Tenaris (TS) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tenaris reported Free Cash Flow of $2.78 billion, down 13.2% year-over-year; for the year ended Dec 31, 2025, it was $1.98 billion, down 8.7% from the prior year.
- Free Cash Flow carries a five-year compound annual growth rate of 8.4% (years ended Dec 2020 to Dec 2025).
- Going back by year, Free Cash Flow was $2.17 billion in the year ended Dec 31, 2024 (-42.5%), $3.78 billion in the year ended Dec 31, 2023 (+378.7%), $788.77 million in the year ended Dec 31, 2022 and -$120.44 million in the year ended Dec 31, 2021.
- The five-year range for quarterly Free Cash Flow is $40.33 million (the quarter ended Mar 31, 2022) to $1.51 billion (the quarter ended Jun 30, 2023).
- Year-over-year, Free Cash Flow increased in 1 of the last eight quarters, with an average decline of 19.8%.
- The fastest year-over-year change in Free Cash Flow over five years came in the quarter ended Dec 31, 2022 (growth of 450.8%), and the weakest in the quarter ended Sep 30, 2021 (a decline of 72.3%).
- Business Quant data shows TS's Free Cash Flow at $732.12 million (quarter ended Mar 31, 2026), $909.69 million (quarter ended Dec 31, 2025) and $503.64 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 3.29 Bn |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | 1.62 Bn |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | 1.31 Bn |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | 1.03 Bn |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 643.00 Mn |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 230.00 Mn |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | 1.32 Bn |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 851.00 Mn |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | 654.90 Mn |
| 10 | Tenaris | 62.09 Bn | 33.35 Bn | 1.07 Bn | 464.51 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 464.51 Mn |
| Jun 30, 2026 | 638.98 Mn |
| Mar 31, 2026 | 732.12 Mn |
| Dec 31, 2025 | 909.69 Mn |
| Sep 30, 2025 | 503.64 Mn |
| Jun 30, 2025 | 808.60 Mn |
| Mar 31, 2025 | 994.84 Mn |
| Dec 31, 2024 | 674.10 Mn |
| Sep 30, 2024 | 730.48 Mn |
| Jun 30, 2024 | 1.10 Bn |
| Mar 31, 2024 | 1.06 Bn |
| Dec 31, 2023 | 1.00 Bn |
| Sep 30, 2023 | 1.47 Bn |
| Jun 30, 2023 | 1.51 Bn |
| Mar 31, 2023 | 1.04 Bn |
| Dec 31, 2022 | 631.59 Mn |
| Sep 30, 2022 | 371.58 Mn |
| Jun 30, 2022 | 502.16 Mn |
| Mar 31, 2022 | 40.33 Mn |
| Dec 31, 2021 | 114.68 Mn |
Tenaris Free Cash Flow 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=free-cash-flow&ticker=TS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=TS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();