Tenaris (TS) Inventory (2009 - 2026)
Tenaris' Inventory came in at $3.72 billion for the quarter ended Jun 30, 2026, up 6.6% from $3.49 billion a year earlier and up 3.0% from the prior quarter.
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Analysis
Tenaris (TS) Inventory (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Tenaris' Inventory was $3.6 billion, down 2.9% from the prior year.
- Inventory has declined in each of the last three years, though with a five-year compound annual growth rate of 17.1% (years ended Dec 2020 to Dec 2025).
- Going back by year, Inventory was $3.71 billion in the year ended Dec 31, 2024 (-5.4%), $3.92 billion in the year ended Dec 31, 2023 (-1.7%), $3.99 billion in the year ended Dec 31, 2022 (+49.2%) and $2.67 billion in the year ended Dec 31, 2021 (+63.3%).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Inventory since the quarter ended Sep 30, 2024.
- Year-over-year, Inventory increased in two of the last eight quarters, with an average decline of 3.5%.
- The fastest year-over-year change in Inventory over five years came in the quarter ended Dec 31, 2021 (growth of 63.3%), and the weakest in the quarter ended Mar 31, 2025 (a decline of 10.0%).
- Business Quant data shows TS's Inventory at $3.61 billion (quarter ended Mar 31, 2026), $3.6 billion (quarter ended Dec 31, 2025) and $3.51 billion (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 20.63 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 4.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 7.81 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 5.42 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 3.17 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 2.52 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 2.51 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 3.77 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 1.76 Bn |
| 10 | Tenaris | 59.14 Bn | 22.35 Bn | 984.66 Mn | 3.72 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.72 Bn |
| Mar 31, 2026 | 3.61 Bn |
| Dec 31, 2025 | 3.60 Bn |
| Sep 30, 2025 | 3.51 Bn |
| Jun 30, 2025 | 3.49 Bn |
| Mar 31, 2025 | 3.52 Bn |
| Dec 31, 2024 | 3.71 Bn |
| Sep 30, 2024 | 3.76 Bn |
| Jun 30, 2024 | 3.83 Bn |
| Mar 31, 2024 | 3.91 Bn |
| Dec 31, 2023 | 3.92 Bn |
| Sep 30, 2023 | 3.88 Bn |
| Jun 30, 2023 | 3.88 Bn |
| Mar 31, 2023 | 3.99 Bn |
| Dec 31, 2022 | 3.99 Bn |
| Sep 30, 2022 | 3.68 Bn |
| Jun 30, 2022 | 3.37 Bn |
| Mar 31, 2022 | 3.03 Bn |
| Dec 31, 2021 | 2.67 Bn |
| Sep 30, 2021 | 2.48 Bn |
API Access
Tenaris Inventory 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=inventory&ticker=TS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=TS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();