Tenaris (TS) Other Operating Expenses (2009 - 2024)
Tenaris (TS) reported 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 16 years of Other Operating Expenses data on file, last reported at $12.3 million in Q1 2024.
- Other Operating Expenses for Q1 2024 came in at $12.3 million, up 132.19% year-over-year; the trailing twelve-month figure through Dec 2024 was $12.3 million (down 65.6% YoY), and the FY2023 annual result was $35.8 million, up 16972.64% from the prior year.
- Other Operating Expenses advanced to $12.3 million in Q1 2024 per TS's latest filing, from -$4.8 million in the prior quarter.
- Over five years, Other Operating Expenses peaked at $33.8 billion in Q2 2021 and troughed at -$12.0 million in Q4 2022.
- A 5-year average of $2.5 billion and a median of $6.9 million in 2020 frame the typical range for Other Operating Expenses.
- The sharpest annual moves came in 2021 and 2022: Other Operating Expenses soared 1006361.18% in 2021, then tumbled 202.93% in 2022.
- A 5-year view of Other Operating Expenses shows it stood at $14.4 million in 2020, then declined by 18.85% to $11.6 million in 2021, then plunged 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.
- 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn |
| 10 | Tenaris | 33,177.60 | -11.86 Bn | 1.05 Bn |
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 |