Tenaris (TS) Inventory Average (2009 - 2026)
Tenaris (TS) posted quarterly Inventory Average of $3.6 billion for Q1 2026, little changed year-over-year from $3.6 billion in Q1 2025, and up 1.41% quarter-over-quarter from $3.6 billion in Q4 2025.
Tenaris (TS) Inventory Average (2009 - 2026) Analysis & Trends
Tenaris (TS) has reported Inventory Average for 18 consecutive years, with $3.6 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Inventory Average changed 0.28% year-over-year to $3.6 billion; the TTM figure through Mar 2026 stood at $3.6 billion (changed 0.28% YoY), while the FY2025 annual figure was $3.7 billion, down 4.18% from the prior year.
- Inventory Average advanced to $3.6 billion in Q1 2026 per TS's latest filing, from $3.6 billion in the prior quarter.
- Across five years, Inventory Average topped out at $4.0 billion in Q1 2023 and bottomed at $2.9 billion in Q1 2022.
- Historically, Inventory Average has averaged $3.7 billion across 5 years, with a median of $3.7 billion in 2024.
- Annual changes were most pronounced in 2022 — Inventory Average jumped 60.83% — and 2025, when it decreased 9.56%.
- Tenaris' Inventory Average stood at $3.8 billion in 2022, then climbed by 1.83% to $3.9 billion in 2023, then dropped by 4.27% to $3.7 billion in 2024, then retreated by 4.87% to $3.6 billion in 2025, then advanced by 1.41% to $3.6 billion in 2026.
- Business Quant data shows TS's Inventory Average at $3.6 billion in Q1 2026, $3.6 billion in Q4 2025, and $3.5 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 5.36 Bn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 4.91 Bn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 3.66 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 1.23 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 3.04 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 2.18 Bn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 817.50 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 105.51 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 110.88 Mn |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 202.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.60 Bn |
| Dec 31, 2025 | 3.55 Bn |
| Sep 30, 2025 | 3.50 Bn |
| Jun 30, 2025 | 3.50 Bn |
| Mar 31, 2025 | 3.61 Bn |
| Dec 31, 2024 | 3.74 Bn |
| Sep 30, 2024 | 3.80 Bn |
| Jun 30, 2024 | 3.87 Bn |
| Mar 31, 2024 | 3.92 Bn |
| Dec 31, 2023 | 3.90 Bn |
| Sep 30, 2023 | 3.88 Bn |
| Jun 30, 2023 | 3.94 Bn |
| Mar 31, 2023 | 3.99 Bn |
| Dec 31, 2022 | 3.83 Bn |
| Sep 30, 2022 | 3.52 Bn |
| Jun 30, 2022 | 3.20 Bn |
| Mar 31, 2022 | 2.85 Bn |
| Dec 31, 2021 | 2.58 Bn |
| Sep 30, 2021 | 2.31 Bn |
| Jun 30, 2021 | 2.03 Bn |