Tenaris (TS) Tax Rate (2009 - 2026)
Tenaris (TS) posted quarterly Tax Rate of 15.5% for Q1 2026, down 192.0% year-over-year from 16.85% in Q1 2025, and up 34.26% quarter-over-quarter from 23.58% in Q4 2025.
Tenaris (TS) Tax Rate (2009 - 2026) Analysis & Trends
Tenaris (TS) has reported Tax Rate for 18 consecutive years, with 15.5% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 192.0% year-over-year to 15.5%; the TTM figure through Mar 2026 stood at 16.28% (up 595312720.0% YoY), while the FY2025 annual figure was 20.24%, up 147.0% from the prior year.
- Tax Rate climbed to 15.5% in Q1 2026 per TS's latest filing, from 23.58% in the prior quarter.
- Across five years, Tax Rate topped out at 18.25% in Q4 2023 and bottomed at 28403509.24% in Q2 2024.
- Historically, Tax Rate has averaged 1670810.09% across 5 years, with a median of 19.64% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate plunged 2000000000 bps — and 2025, when it soared 2000000000 bps.
- Tenaris' Tax Rate stood at 24.33% in 2022, then surged by 175 bps to 18.25% in 2023, then slumped by 205 bps to 19.12% in 2024, then retreated by 23 bps to 23.58% in 2025, then surged by 34 bps to 15.5% in 2026.
- Business Quant data shows TS's Tax Rate at 15.5% in Q1 2026, 23.58% in Q4 2025, and 27.5% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 20.02% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.54% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -14.27% |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 23.78% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 18.98% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 26.11% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 44.00% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 28.81% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 27.77% |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 26.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -15.50% |
| Mar 31, 2026 | -15.50% |
| Mar 31, 2026 | -15.50% |
| Dec 31, 2025 | -23.58% |
| Dec 31, 2025 | -23.58% |
| Dec 31, 2025 | -23.58% |
| Sep 30, 2025 | -27.50% |
| Sep 30, 2025 | -27.50% |
| Sep 30, 2025 | -27.50% |
| Jun 30, 2025 | -16.28% |
| Jun 30, 2025 | -16.28% |
| Jun 30, 2025 | -16.28% |
| Mar 31, 2025 | -13.57% |
| Mar 31, 2025 | -13.57% |
| Mar 31, 2025 | -13.57% |
| Dec 31, 2024 | -19.12% |
| Dec 31, 2024 | -19.12% |
| Dec 31, 2024 | -19.12% |
| Sep 30, 2024 | -22.59% |
| Sep 30, 2024 | -22.59% |