Tenaris (TS) Net Margin (2009 - 2026)
Tenaris (TS) posted quarterly Net Margin of 17.44% for Q1 2026, up 9.0% year-over-year from 16.0% in Q1 2025, and up 16.37% quarter-over-quarter from 14.99% in Q4 2025.
Tenaris (TS) Net Margin (2009 - 2026) Analysis & Trends
Tenaris (TS) has reported Net Margin for 18 consecutive years, with 17.44% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 9.0% year-over-year to 17.44%; the TTM figure through Mar 2026 stood at 4369658.9% (up 436964755.0% YoY), while the FY2025 annual figure was 16.13%, down 11636.0% from the prior year.
- Net Margin rose to 17.44% in Q1 2026 per TS's latest filing, from 14.99% in the prior quarter.
- Across five years, Net Margin topped out at 17219036.89% in Q2 2025 and bottomed at 7.63% in Q4 2024.
- Historically, Net Margin has averaged 1014238.13% across 5 years, with a median of 17.44% in 2026.
- Annual changes were most pronounced in 2023 — Net Margin slumped 2270852 bps — and 2025, when it soared 1721902680 bps.
- Tenaris' Net Margin stood at 9.92% in 2022, then surged by 233 bps to 33.06% in 2023, then sank by 77 bps to 7.63% in 2024, then jumped by 96 bps to 14.99% in 2025, then rose by 16 bps to 17.44% in 2026.
- Business Quant data shows TS's Net Margin at 17.44% in Q1 2026, 14.99% in Q4 2025, and 14.97% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 9.08% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 10.12% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 16.08% |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 13.24% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 9.42% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 5.44% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 3.80% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 13.33% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 18.09% |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 8.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.44% |
| Dec 31, 2025 | 14.99% |
| Sep 30, 2025 | 14.97% |
| Jun 30, 2025 | 17,219,036.89% |
| Mar 31, 2025 | 17.35% |
| Dec 31, 2024 | 7.63% |
| Sep 30, 2024 | 15.37% |
| Jun 30, 2024 | 10.09% |
| Mar 31, 2024 | 21.41% |
| Dec 31, 2023 | 33.06% |
| Sep 30, 2023 | 16.59% |
| Jun 30, 2023 | 27.56% |
| Mar 31, 2023 | 27.25% |
| Dec 31, 2022 | 9.92% |
| Sep 30, 2022 | 20.39% |
| Jun 30, 2022 | 22,736.08% |
| Mar 31, 2022 | 21.24% |
| Dec 31, 2021 | 13.65% |
| Sep 30, 2021 | 18.81% |
| Jun 30, 2021 | 19,230.48% |