Tenaris (TS) Inventory Average (2009 - 2026)
Tenaris' (TS) quarterly Inventory Average came in at $3.6 billion in Q1 2026, little changed year-on-year from $3.6 billion in Q1 2025, and up 1.41% on a QoQ basis from $3.6 billion in Q4 2025.
Tenaris (TS) Inventory Average (2009 - 2026) Analysis & Trends
Tenaris (TS) has 18 years of Inventory Average data on file, last reported at $3.6 billion in Q1 2026.
- On a quarterly basis, Inventory Average changed 0.28% year-over-year to $3.6 billion in Q1 2026; TTM through Mar 2026 was $3.6 billion, a 0.28% change from a year earlier, with the FY2025 full-year figure at $3.7 billion, down 4.18% from the prior year.
- Inventory Average for Q1 2026 stood at $3.6 billion, up from $3.6 billion in the prior quarter.
- Over the last five years, Inventory Average for TS reached as high as $4.0 billion in Q1 2023 and fell as low as $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.
- Across the five-year window, Inventory Average surged 60.83% in 2022 and fell 9.56% in 2025, its largest moves.
- Year by year, Inventory Average stood at $3.8 billion in 2022, then increased by 1.83% to $3.9 billion in 2023, then fell by 4.27% to $3.7 billion in 2024, then slipped by 4.87% to $3.6 billion in 2025, then grew by 1.41% to $3.6 billion in 2026.
- Per Business Quant data, the three most recent Inventory Average figures were $3.6 billion in Q1 2026, $3.6 billion in Q4 2025, and $3.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 5.15 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 3.60 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 1.19 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 3.00 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 1.97 Bn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 817.50 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 109.73 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 204.91 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 102.73 Mn |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 33.94 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 |