Tenaris (TS) Return on Equity [ROE] (2009 - 2026)
Tenaris' Return on Equity [ROE] came in at 11.40% for the quarter ended Jun 30, 2026, down 0.52 percentage points from 11.92% a year earlier and down 0.42 percentage points from the prior quarter.
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Analysis
Tenaris (TS) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Tenaris' Return on Equity [ROE] was 11.73%, down 0.54 percentage points from the prior year.
- Return on Equity [ROE] carries a five-year change of +17.17 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Return on Equity [ROE] was 12.27% in the year ended Dec 31, 2024 (-13.21 pp), 25.48% in the year ended Dec 31, 2023 (+5.98 pp), 19.50% in the year ended Dec 31, 2022 (+10.56 pp) and 8.94% in the year ended Dec 31, 2021 (+14.38 pp).
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly Return on Equity [ROE] since the quarter ended Mar 31, 2025.
- Year-over-year, Return on Equity [ROE] increased in 1 of the last eight quarters, with an average year-over-year change of -4.53 percentage points.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in the quarter ended Dec 31, 2021 (a gain of 14.39 percentage points), and the weakest in the quarter ended Dec 31, 2024 (a drop of 11.54 percentage points).
- Business Quant data shows TS's Return on Equity [ROE] at 11.82% (quarter ended Mar 31, 2026), 11.58% (quarter ended Dec 31, 2025) and 11.93% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 56.98% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 34.94% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 17.59% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 19.13% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 24.30% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 38.48% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 12.67% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 95.38% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 104.29% |
| 10 | Tenaris | 59.14 Bn | 22.35 Bn | 984.66 Mn | 11.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.40% |
| Mar 31, 2026 | 11.82% |
| Dec 31, 2025 | 11.58% |
| Sep 30, 2025 | 11.93% |
| Jun 30, 2025 | 11.92% |
| Mar 31, 2025 | 10.78% |
| Dec 31, 2024 | 12.13% |
| Sep 30, 2024 | 15.75% |
| Jun 30, 2024 | 16.17% |
| Mar 31, 2024 | 20.66% |
| Dec 31, 2023 | 23.68% |
| Sep 30, 2023 | 22.46% |
| Jun 30, 2023 | 23.73% |
| Mar 31, 2023 | 21.72% |
| Dec 31, 2022 | 18.62% |
| Sep 30, 2022 | 15.93% |
| Jun 30, 2022 | 14.15% |
| Mar 31, 2022 | 11.76% |
| Dec 31, 2021 | 8.76% |
| Sep 30, 2021 | 7.00% |
API Access
Tenaris Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=TS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=TS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();