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| Date | Value |
|---|---|
| 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 |