Tenaris (TS) Non-cash Items (2009 - 2026)
Tenaris (TS) posted quarterly Non-cash Items of $1.2 billion for Q1 2026, up 51.8% year-over-year from $759.0 million in Q1 2025, and up 4796.52% quarter-over-quarter from -$24.5 million in Q3 2025.
Tenaris (TS) Non-cash Items (2009 - 2026) Analysis & Trends
Tenaris (TS) has reported Non-cash Items for 18 consecutive years, with $1.2 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Non-cash Items rose 51.8% year-over-year to $1.2 billion; the TTM figure through Mar 2026 stood at $1.7 billion (up 17.97% YoY), while the FY2023 annual figure was $261.7 million, down 76.02% from the prior year.
- Non-cash Items improved to $1.2 billion in Q1 2026 per TS's latest filing, from -$24.5 million in the prior quarter.
- Across five years, Non-cash Items topped out at $1.3 billion in Q1 2024 and bottomed at -$602.3 million in Q4 2023.
- Historically, Non-cash Items has averaged $248.9 million across 5 years, with a median of $108.7 million in 2023.
- Annual changes were most pronounced in 2022 — Non-cash Items surged 392.67% — and 2023, when it plunged 698.51%.
- Tenaris' Non-cash Items stood at $100.6 million in 2022, then slumped by 698.51% to -$602.3 million in 2023, then surged by 72.21% to -$167.4 million in 2024, then jumped by 85.34% to -$24.5 million in 2025, then surged by 4796.52% to $1.2 billion in 2026.
- Business Quant data shows TS's Non-cash Items at $1.2 billion in Q1 2026, -$24.5 million in Q3 2025, and -$187.5 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 79.98 Bn | 75.90 Bn | 4.63 Bn |
| 2 | Baker Hughes | 62.05 Bn | 46.33 Bn | 1.58 Bn |
| 3 | Tenaris | 52.92 Bn | 43.89 Bn | 984.66 |
| 4 | TechnipFMC | 30.91 Bn | 29.67 Bn | 1.40 Bn |
| 5 | Halliburton | 29.52 Bn | 27.47 Bn | 2.10 Bn |
| 6 | Nov | 7.27 Bn | 6.11 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.55 Bn | 5.41 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.65 Bn | 5.51 Bn | 246.76 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn |
| 10 | Oceaneering International | 5.24 Bn | 4.61 Bn | 156.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.15 Bn |
| Mar 31, 2026 | 1.15 Bn |
| Sep 30, 2025 | -24.53 Mn |
| Sep 30, 2025 | -24.53 Mn |
| Jun 30, 2025 | -187.46 Mn |
| Jun 30, 2025 | -187.46 Mn |
| Mar 31, 2025 | 758.95 Mn |
| Mar 31, 2025 | 758.95 Mn |
| Sep 30, 2024 | -167.39 Mn |
| Sep 30, 2024 | -167.39 Mn |
| Jun 30, 2024 | -474.36 Mn |
| Jun 30, 2024 | -474.36 Mn |
| Mar 31, 2024 | 1.32 Bn |
| Mar 31, 2024 | 1.32 Bn |
| Dec 31, 2023 | -602.28 Mn |
| Dec 31, 2023 | -602.28 Mn |
| Sep 30, 2023 | 108.74 Mn |
| Sep 30, 2023 | 108.74 Mn |
| Jun 30, 2023 | -106.14 Mn |
| Jun 30, 2023 | -106.14 Mn |