Tenaris (TS) Operating Leases (2019 - 2026)
Tenaris' Operating Leases came in at $98.23 million for the quarter ended Jun 30, 2026, up 4.3% from $94.17 million a year earlier and up 4.9% from the prior quarter.
Tenaris (TS) Operating Leases (2019 - 2026) Analysis & Trends
As of Dec 31, 2025, Tenaris' Operating Leases was $94.9 million, down 5.5% from the prior year.
- Operating Leases carries a five-year compound annual growth rate of -15.0% (years ended Dec 2020 to Dec 2025).
- Going back by year, Operating Leases was $100.44 million in the year ended Dec 31, 2024 (+4.0%), $96.6 million in the year ended Dec 31, 2023 (+15.5%), $83.62 million in the year ended Dec 31, 2022 (+1.1%) and $82.69 million in the year ended Dec 31, 2021 (-61.3%).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Operating Leases since the quarter ended Dec 31, 2024.
- Year-over-year, Operating Leases increased in four of the last eight quarters, with an average decline of 0.1%.
- The fastest year-over-year change in Operating Leases over five years came in the quarter ended Jun 30, 2024 (growth of 23.2%), and the weakest in the quarter ended Dec 31, 2021 (a decline of 61.3%).
- Business Quant data shows TS's Operating Leases at $93.67 million (quarter ended Mar 31, 2026), $94.9 million (quarter ended Dec 31, 2025) and $96.48 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn |
| 10 | Tenaris | 59.14 Bn | 22.35 Bn | 984.66 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 98.23 Mn |
| Mar 31, 2026 | 93.67 Mn |
| Dec 31, 2025 | 94.90 Mn |
| Sep 30, 2025 | 96.48 Mn |
| Jun 30, 2025 | 94.17 Mn |
| Mar 31, 2025 | 91.15 Mn |
| Dec 31, 2024 | 100.44 Mn |
| Sep 30, 2024 | 103.12 Mn |
| Jun 30, 2024 | 108.81 Mn |
| Mar 31, 2024 | 97.08 Mn |
| Dec 31, 2023 | 96.60 Mn |
| Sep 30, 2023 | 86.40 Mn |
| Jun 30, 2023 | 88.31 Mn |
| Mar 31, 2023 | 82.12 Mn |
| Dec 31, 2022 | 83.62 Mn |
| Sep 30, 2022 | 84.92 Mn |
| Jun 30, 2022 | 83.32 Mn |
| Mar 31, 2022 | 88.99 Mn |
| Dec 31, 2021 | 82.69 Mn |
| Sep 30, 2021 | 180.70 Mn |
Tenaris Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=TS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "TS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=TS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();