Tenaris S.A. Income Statement 2025-2011 | TS

Brief overview of financial performance at Tenaris S.A.

This overview is based on financial performance over the past five years. The revenue attributed to Tenaris S.A. moved from 5.1 billion dollars to 12 billion dollars between the two endpoints. The five-year change reached +132.8%, while CAGR stood at 18.4%. The trajectory reflects meaningful expansion of the business.

At the gross-profit level, the result moved from $1.1 billion to $4.1 billion, a change of +288.9%. Cost of revenue developed more favorably than sales, supporting gross profitability. The gross margin was 20.6% at the start and 34.4% at the end. The business retained more gross profit from each unit of revenue.

EBITDA was −663 million dollars at the beginning and 2.3 billion dollars at the end of the period (+444.3%). EBITDA grew faster than revenue, indicating positive operating leverage. Comparing the endpoints gives EBITDA margins of −12.9% and 19.1%. The business generated more EBITDA from each unit of revenue.

Net income moved from −$634 million at the start to $2 billion at the end. The trajectory reversed from a loss to positive earnings.

Conclusion

The financial trajectory looks strong and well balanced. The financial profile benefits from net-income growth, better sales economics and higher operating efficiency. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.