Tenaris (TS) Inventory Average (2017 - 2026)
Tenaris (TS) reported 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 (2017 - 2026) Analysis & Trends
Tenaris (TS) has 10 years of Inventory Average data on file, last reported at $3.6 billion in Q1 2026.
- Inventory Average for Q1 2026 came in at $3.6 billion, changed 0.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.6 billion (changed 0.28% YoY), and the FY2025 annual result was $3.7 billion, down 4.18% from the prior year.
- Inventory Average improved to $3.6 billion in Q1 2026 per TS's latest filing, from $3.6 billion in the prior quarter.
- Over five years, Inventory Average peaked at $4.0 billion in Q1 2023 and troughed at $2.9 billion in Q1 2022.
- A 5-year average of $3.7 billion and a median of $3.7 billion in 2024 frame the typical range for Inventory Average.
- The sharpest annual moves came in 2022 and 2025: Inventory Average jumped 60.83% in 2022, then decreased 9.56% in 2025.
- A 5-year view of Inventory Average shows it stood at $3.8 billion in 2022, then advanced by 1.83% to $3.9 billion in 2023, then slipped by 4.27% to $3.7 billion in 2024, then fell by 4.87% to $3.6 billion in 2025, then gained 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 5.15 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 4.91 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 3.00 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 1.19 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 219.92 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 1.84 Bn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 830.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 109.73 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 102.73 Mn |
| 10 | Tenaris | 33,177.60 | -11.86 Bn | 1.05 Bn | 3.60 Bn |
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 |