Tenaris (TS) Notes Payables (2009 - 2025)
Tenaris (TS) posted quarterly Notes Payables of -$305.4 million for Q4 2025, up 28.32% year-over-year from -$238.0 million in Q4 2024, and up 4.58% quarter-over-quarter from -$320.0 million in Q2 2025.
Tenaris (TS) Notes Payables (2009 - 2025) Analysis & Trends
Tenaris (TS) has reported Notes Payables for 11 consecutive years, with -$305.4 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Notes Payables rose 28.32% year-over-year to -$305.4 million; the TTM figure through Dec 2025 stood at -$305.4 million (up 28.32% YoY), while the FY2025 annual figure was -$305.4 million, up 28.32% from the prior year.
- Notes Payables grew to -$305.4 million in Q4 2025 per TS's latest filing, from -$320.0 million in the prior quarter.
- Across five years, Notes Payables topped out at $20.1 million in Q1 2022 and bottomed at -$828.0 million in Q3 2022.
- Historically, Notes Payables has averaged -$405.4 million across 5 years, with a median of -$402.2 million in 2021.
- Annual changes were most pronounced in 2022 — Notes Payables jumped 108.99% — and 2023, when it sank 2804.74%.
- Tenaris' Notes Payables stood at -$220.0 million in 2021, then surged by 108.99% to $19.8 million in 2022, then tumbled by 2804.74% to -$535.1 million in 2023, then gained by 20.39% to -$426.0 million in 2024, then gained by 28.32% to -$305.4 million in 2025.
- Business Quant data shows TS's Notes Payables at -$305.4 million in Q4 2025, -$320.0 million in Q2 2025, and -$426.0 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 79.77 Bn | 75.70 Bn | 4.63 Bn |
| 2 | Baker Hughes | 63.07 Bn | 47.34 Bn | 1.58 Bn |
| 3 | Tenaris | 53.39 Bn | 44.36 Bn | 984.66 |
| 4 | TechnipFMC | 30.89 Bn | 29.64 Bn | 1.40 Bn |
| 5 | Halliburton | 29.56 Bn | 27.51 Bn | 2.10 Bn |
| 6 | Nov | 7.30 Bn | 6.14 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.59 Bn | 5.45 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.76 Bn | 5.62 Bn | 246.76 Mn |
| 9 | Archrock | 5.57 Bn | 5.57 Bn | 244.51 Mn |
| 10 | Oceaneering International | 5.26 Bn | 4.63 Bn | 156.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -305.35 Mn |
| Jun 30, 2025 | -320.00 Mn |
| Dec 31, 2024 | -426.00 Mn |
| Jun 30, 2024 | -560.00 Mn |
| Dec 31, 2023 | -535.13 Mn |
| Sep 30, 2023 | -597.49 Mn |
| Jun 30, 2023 | -642.29 Mn |
| Dec 31, 2022 | 19.79 Mn |
| Sep 30, 2022 | -827.96 Mn |
| Jun 30, 2022 | -727.50 Mn |
| Mar 31, 2022 | 20.11 Mn |
| Dec 31, 2021 | -220.00 Mn |
| Sep 30, 2021 | -402.24 Mn |
| Jun 30, 2021 | -310.34 Mn |
| Mar 31, 2021 | -246.44 Mn |
| Dec 31, 2020 | -303.00 Mn |
| Sep 30, 2020 | -401.37 Mn |
| Jun 30, 2020 | -467.12 Mn |
| Mar 31, 2020 | -523.20 Mn |
| Dec 31, 2019 | -781.00 Mn |