Tenaris (TS) Invested Capital (2009 - 2026)
Tenaris' Invested Capital came in at $17.52 billion for the quarter ended Jun 30, 2026, up 2.3% from $17.12 billion a year earlier but down 0.9% from the prior quarter.
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Analysis
Tenaris (TS) Invested Capital (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Tenaris' Invested Capital was $17.13 billion, down 0.7% from the prior year.
- Invested Capital carries a five-year compound annual growth rate of 7.3% (years ended Dec 2020 to Dec 2025).
- Going back by year, Invested Capital was $17.25 billion in the year ended Dec 31, 2024 (-2.1%), $17.61 billion in the year ended Dec 31, 2023 (+19.3%), $14.76 billion in the year ended Dec 31, 2022 (+18.7%) and $12.44 billion in the year ended Dec 31, 2021 (+3.1%).
- The five-year range for quarterly Invested Capital is $11.43 billion (the quarter ended Sep 30, 2021) to $18.25 billion (the quarter ended Mar 31, 2024).
- Year-over-year, Invested Capital increased in three of the last eight quarters, with growth averaging 0.6%.
- The fastest year-over-year change in Invested Capital over five years came in the quarter ended Sep 30, 2023 (growth of 36.6%), and the weakest in the quarter ended Mar 31, 2025 (a decline of 2.7%).
- Business Quant data shows TS's Invested Capital at $17.68 billion (quarter ended Mar 31, 2026), $17.13 billion (quarter ended Dec 31, 2025) and $17.59 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) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 64.54 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 34.42 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 51.21 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 40.91 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 23.93 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 7.70 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 33.51 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 15.56 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 12.59 Bn |
| 10 | Tenaris | 59.14 Bn | 22.35 Bn | 984.66 Mn | 17.52 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.52 Bn |
| Mar 31, 2026 | 17.68 Bn |
| Dec 31, 2025 | 17.13 Bn |
| Sep 30, 2025 | 17.59 Bn |
| Jun 30, 2025 | 17.12 Bn |
| Mar 31, 2025 | 17.75 Bn |
| Dec 31, 2024 | 17.25 Bn |
| Sep 30, 2024 | 17.92 Bn |
| Jun 30, 2024 | 16.34 Bn |
| Mar 31, 2024 | 18.25 Bn |
| Dec 31, 2023 | 17.61 Bn |
| Sep 30, 2023 | 17.02 Bn |
| Jun 30, 2023 | 15.09 Bn |
| Mar 31, 2023 | 15.79 Bn |
| Dec 31, 2022 | 14.76 Bn |
| Sep 30, 2022 | 12.46 Bn |
| Jun 30, 2022 | 12.05 Bn |
| Mar 31, 2022 | 13.00 Bn |
| Dec 31, 2021 | 12.44 Bn |
| Sep 30, 2021 | 11.43 Bn |
API Access
Tenaris Invested Capital 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=invested-capital&ticker=TS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=TS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();