Tenaris (TS) Other Operating Expenses (2009 - 2024)

Tenaris' (TS) quarterly Other Operating Expenses came in at $12.3 million in Q1 2024, up 132.19% year-on-year from $5.3 million in Q2 2023, and up 354.53% on a QoQ basis from -$4.8 million in Q4 2023.

Tenaris (TS) Other Operating Expenses (2009 - 2024) Analysis & Trends

Tenaris (TS) has 16 years of Other Operating Expenses data on file, last reported at $12.3 million in Q1 2024.

  • On a quarterly basis, Other Operating Expenses rose 132.19% year-over-year to $12.3 million in Q1 2024; TTM through Dec 2024 was $12.3 million, a 101.56% increase from a year earlier, with the FY2023 full-year figure at $35.8 million, up 146.62% from the prior year.
  • Other Operating Expenses for Q1 2024 stood at $12.3 million, up from -$4.8 million in the prior quarter.
  • Over the last five years, Other Operating Expenses for TS reached as high as $33.8 billion in Q2 2021 and fell as low as -$823.0 million in Q2 2023.
  • Historically, Other Operating Expenses has averaged $1.9 billion across 5 years, with a median of $6.9 million in 2020.
  • Across the five-year window, Other Operating Expenses jumped 1006361.18% in 2021 and sank 8806.23% in 2023, its largest moves.
  • Year by year, Other Operating Expenses stood at $14.4 million in 2020, then decreased by 18.85% to $11.6 million in 2021, then sank by 202.93% to -$12.0 million in 2022, then jumped by 59.67% to -$4.8 million in 2023, then surged by 354.53% to $12.3 million in 2024.
  • Per Business Quant data, the three most recent Other Operating Expenses figures were $12.3 million in Q1 2024, -$4.8 million in Q4 2023, and $36.1 million in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn

Historic Data

Download Data
DateValue
Mar 31, 2024 12.30 Mn
Dec 31, 2023 -4.83 Mn
Sep 30, 2023 36.13 Mn
Jun 30, 2023 -823.00 Mn
Mar 31, 2023 5.30 Mn
Dec 31, 2022 -11.99 Mn
Sep 30, 2022 -1.76 Mn
Jun 30, 2022 9.45 Mn
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