Tenaris Sa (TS) Net Margin (2009 - 2026)
Tenaris' (TS) quarterly Net Margin came in at 16.08% in Q2 2026, down 114.0% year-over-year from 114.88% in Q2 2025, and down 7.77% quarter-over-quarter from 17.44% in Q1 2026.
Analysis
Tenaris Sa (TS) Net Margin (2009 - 2026) Analysis & Trends
Tenaris (TS) has reported Net Margin for 18 consecutive years, with 16.08% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 114.0% year-over-year to 16.08% in Q2 2026; TTM through Jun 2026 was 15.88%, a 312.0% increase from a year earlier, with the FY2025 full-year figure at 16.13%, down 13.0% from the prior year.
- Net Margin was 16.08% for Q2 2026 at Tenaris, down from 17.44% in the prior quarter.
- Over five years, Net Margin peaked at 33.06% in Q4 2023 and troughed at 7.63% in Q4 2024.
- A 5-year average of 18.41% and a median of 17.28% in 2025 frame the typical range for Net Margin.
- Across the five-year window, Net Margin surged 2315 bps in 2023 and sank 2543 bps in 2024, its largest moves.
- Over 5 years, Net Margin stood at 9.92% in 2022, then soared by 233 bps to 33.06% in 2023, then sank by 77 bps to 7.63% in 2024, then surged by 96 bps to 14.99% in 2025, then rose by 7 bps to 16.08% in 2026.
- The last three Net Margin figures came in at 16.08% (Q2 2026), 17.44% (Q1 2026), and 14.99% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.08% |
| Mar 31, 2026 | 17.44% |
| Dec 31, 2025 | 14.99% |
| Sep 30, 2025 | 14.97% |
| Jun 30, 2025 | 17.22% |
| 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 | 22.74% |
| Mar 31, 2022 | 21.24% |
| Dec 31, 2021 | 13.65% |
| Sep 30, 2021 | 18.81% |