Tenaris (TS) Goodwill (2017 - 2025)
Tenaris (TS) posted quarterly Goodwill of $59.0 million for Q4 2025, down 46.85% year-over-year from $111.0 million in Q4 2024, and down 46.85% quarter-over-quarter from $111.0 million in Q4 2024.
Tenaris (TS) Goodwill (2017 - 2025) Analysis & Trends
Tenaris (TS) has reported Goodwill for 9 consecutive years, with $59.0 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Goodwill fell 46.85% year-over-year to $59.0 million; the TTM figure through Dec 2025 stood at $59.0 million (down 46.85% YoY), while the FY2025 annual figure was $59.0 million, down 46.85% from the prior year.
- Goodwill fell to $59.0 million in Q4 2025 per TS's latest filing, from $111.0 million in the prior quarter.
- Across five years, Goodwill topped out at $1.1 billion in Q4 2021 and bottomed at $15.5 million in Q4 2023.
- Historically, Goodwill has averaged $471.1 million across 5 years, with a median of $111.0 million in 2024.
- Annual changes were most pronounced in 2023 — Goodwill tumbled 98.57% — and 2024, when it jumped 616.13%.
- Tenaris' Goodwill stood at $1.1 billion in 2021, then changed by 0.0% to $1.1 billion in 2022, then sank by 98.57% to $15.5 million in 2023, then surged by 616.13% to $111.0 million in 2024, then tumbled by 46.85% to $59.0 million in 2025.
- Business Quant data shows TS's Goodwill at $59.0 million in Q4 2025, $111.0 million in Q4 2024, and $15.5 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 59.00 Mn |
| Dec 31, 2024 | 111.00 Mn |
| Dec 31, 2023 | 15.50 Mn |
| Dec 31, 2022 | 1.09 Bn |
| Dec 31, 2021 | 1.09 Bn |
| Dec 31, 2020 | 1.09 Bn |
| Dec 31, 2019 | 1.32 Bn |
| Dec 31, 2018 | 1.29 Bn |
| Dec 31, 2017 | 1.29 Bn |