Tenaris (TS) Non-Current Deferred Tax Liability (2009 - 2026)
Tenaris (TS) posted quarterly Non-Current Deferred Tax Liability of $388.6 million for Q1 2026, down 17.8% year-over-year from $472.8 million in Q1 2025, and down 12.12% quarter-over-quarter from $442.2 million in Q4 2025.
Tenaris (TS) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
Tenaris (TS) has reported Non-Current Deferred Tax Liability for 18 consecutive years, with $388.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Non-Current Deferred Tax Liability fell 17.8% year-over-year to $388.6 million; the TTM figure through Mar 2026 stood at $388.6 million (down 17.8% YoY), while the FY2025 annual figure was $442.2 million, down 12.24% from the prior year.
- Non-Current Deferred Tax Liability slipped to $388.6 million in Q1 2026 per TS's latest filing, from $442.2 million in the prior quarter.
- Across five years, Non-Current Deferred Tax Liability topped out at $631.6 million in Q4 2023 and bottomed at $261.3 million in Q1 2022.
- Historically, Non-Current Deferred Tax Liability has averaged $416.8 million across 5 years, with a median of $447.1 million in 2023.
- Annual changes were most pronounced in 2023 — Non-Current Deferred Tax Liability surged 134.74% — and 2024, when it dropped 20.21%.
- Tenaris' Non-Current Deferred Tax Liability stood at $269.1 million in 2022, then jumped by 134.74% to $631.6 million in 2023, then dropped by 20.21% to $503.9 million in 2024, then decreased by 12.24% to $442.2 million in 2025, then decreased by 12.12% to $388.6 million in 2026.
- Business Quant data shows TS's Non-Current Deferred Tax Liability at $388.6 million in Q1 2026, $442.2 million in Q4 2025, and $463.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn |
| 10 | Oceaneering International | 5.28 Bn | 4.65 Bn | 156.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 388.65 Mn |
| Mar 31, 2026 | 388.65 Mn |
| Dec 31, 2025 | 442.25 Mn |
| Dec 31, 2025 | 442.25 Mn |
| Sep 30, 2025 | 463.02 Mn |
| Sep 30, 2025 | 463.02 Mn |
| Jun 30, 2025 | 472.64 Mn |
| Jun 30, 2025 | 472.64 Mn |
| Mar 31, 2025 | 472.79 Mn |
| Mar 31, 2025 | 472.79 Mn |
| Dec 31, 2024 | 503.94 Mn |
| Dec 31, 2024 | 503.94 Mn |
| Sep 30, 2024 | 479.19 Mn |
| Sep 30, 2024 | 479.19 Mn |
| Jun 30, 2024 | 495.37 Mn |
| Jun 30, 2024 | 495.37 Mn |
| Mar 31, 2024 | 488.08 Mn |
| Mar 31, 2024 | 488.08 Mn |
| Dec 31, 2023 | 631.61 Mn |
| Dec 31, 2023 | 631.61 Mn |