Tenaris (TS) Other Operating Expenses (2009 - 2024)
Tenaris (TS) posted quarterly Other Operating Expenses of $12.3 million for Q1 2024, up 132.19% year-over-year from $5.3 million in Q2 2023, and up 354.53% quarter-over-quarter from -$4.8 million in Q4 2023.
Tenaris (TS) Other Operating Expenses (2009 - 2024) Analysis & Trends
Tenaris (TS) has reported Other Operating Expenses for 16 consecutive years, with $12.3 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Other Operating Expenses rose 132.19% year-over-year to $12.3 million; the TTM figure through Dec 2024 stood at $12.3 million (down 65.6% YoY), while the FY2023 annual figure was $35.8 million, up 16972.64% from the prior year.
- Other Operating Expenses rose to $12.3 million in Q1 2024 per TS's latest filing, from -$4.8 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $33.8 billion in Q2 2021 and bottomed at -$12.0 million in Q4 2022.
- Historically, Other Operating Expenses has averaged $2.5 billion across 5 years, with a median of $6.9 million in 2020.
- Annual changes were most pronounced in 2021 — Other Operating Expenses soared 1006361.18% — and 2022, when it tumbled 202.93%.
- Tenaris' Other Operating Expenses stood at $14.4 million in 2020, then fell by 18.85% to $11.6 million in 2021, then sank by 202.93% to -$12.0 million in 2022, then surged by 59.67% to -$4.8 million in 2023, then soared by 354.53% to $12.3 million in 2024.
- Business Quant data shows TS's Other Operating Expenses at $12.3 million in Q1 2024, -$4.8 million in Q4 2023, and $36.1 million in Q3 2023.
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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, 2024 | 12.30 Mn |
| Dec 31, 2023 | -4.83 Mn |
| Sep 30, 2023 | 36.13 Mn |
| Jun 30, 2023 | -823,000.00 |
| Mar 31, 2023 | 5.30 Mn |
| Dec 31, 2022 | -11.99 Mn |
| Sep 30, 2022 | -1.76 Mn |
| Jun 30, 2022 | 9.45 Bn |
| Mar 31, 2022 | 4.08 Mn |
| Dec 31, 2021 | 11.65 Mn |
| Sep 30, 2021 | 8.33 Mn |
| Jun 30, 2021 | 33.75 Bn |
| Mar 31, 2021 | 7.83 Mn |
| Dec 31, 2020 | 14.35 Mn |
| Sep 30, 2020 | 6.89 Mn |
| Jun 30, 2020 | -3.35 Mn |
| Mar 31, 2020 | 1.26 Mn |
| Dec 31, 2019 | 4.29 Mn |
| Sep 30, 2019 | 5.14 Mn |
| Jun 30, 2019 | -2.05 Mn |