Tenaris (TS) Tax Rate (2016 - 2023)
Tenaris (TS) posted Tax Rate of 20.24% for the year ended Dec 31, 2025, up 1.47 percentage points from 18.76% a year earlier.
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Analysis
Tenaris (TS) Tax Rate (2016 - 2023) Analysis & Trends
Since the year ended Dec 31, 2015, Tenaris has reported Tax Rate for 9 years.
- Annual Tax Rate shows a four-year change of +4.99 percentage points (years ended Dec 2021 to Dec 2025).
- The figure for the year ended Dec 31, 2025 stands as the highest annual Tax Rate since the year ended Dec 31, 2019.
- Business Quant data shows TS's Tax Rate at 18.76% in the year ended Dec 31, 2024 (+4.19 pp), 14.57% in the year ended Dec 31, 2023 (-4.93 pp), 19.50% in the year ended Dec 31, 2022 (+4.25 pp) and 15.24% in the year ended Dec 31, 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 257.34 Bn | 228.64 Bn | 7.35 Bn | 22.94% |
| 2 | Amphenol | 182.35 Bn | 177.04 Bn | 4.02 Bn | 27.38% |
| 3 | Deere | 182.25 Bn | 150.34 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 132.72 Bn | 129.65 Bn | 3.11 Bn | 21.24% |
| 5 | Parker-Hannifin | 115.88 Bn | 113.77 Bn | 2.26 Bn | 22.25% |
| 6 | 3M | 96.81 Bn | 78.26 Bn | 2.78 Bn | 15.63% |
| 7 | Emerson Electric | 90.83 Bn | 83.56 Bn | 2.66 Bn | 21.62% |
| 8 | Illinois Tool Works | 80.29 Bn | 76.97 Bn | 1.91 Bn | 24.40% |
| 9 | Vertiv Holdings | 70.18 Bn | 59.02 Bn | 1.64 Bn | 23.15% |
| 10 | Tenaris | 62.25 Bn | 33.50 Bn | 1.07 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 18.25% |
| Dec 31, 2020 | 46.76% |
| Dec 31, 2018 | 0.77% |
| Jun 30, 2017 | 11.14% |
| Mar 31, 2017 | 70.74% |
| Dec 31, 2016 | 61.72% |
API Access
Tenaris Tax Rate 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=tax-rate&ticker=TS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=TS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();