Tenaris TS
NYSE TS
$52.69 -0.41 (-0.77%)
At close: Aug 20, 2026 · 4:00 PM EDT

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
DateValue
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