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Tenaris SA
Previous close
$32.88
Day range
$33.10 - $33.35
Year range
$27.24 - $40.73
Market cap
19.31B USD
Avg Volume
1.66M
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 3.32B | -18.48% |
Operating expense | 666.35M | 25.83% |
Net income | 335.19M | -70.15% |
Net profit margin | 10.09 | -63.39% |
Earnings per share | 0.59 | -37.89% |
EBITDA | 632.66M | -54.69% |
Effective tax rate | 28.40% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 3.30B | 26.77% |
Total assets | 21.10B | 9.56% |
Total liabilities | 4.18B | 20.45% |
Total equity | 16.92B | — |
Shares outstanding | 1.12B | — |
Price to book | 2.20 | — |
Return on assets | 6.00% | — |
Return on capital | 7.10% | — |
Cash Flow
Net change in cash
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 335.19M | -70.15% |
Cash from operations | 935.20M | -30.29% |
Cash from investing | -373.46M | 63.32% |
Cash from financing | -1.02B | -142.76% |
Net change in cash | -474.36M | -346.91% |
Free cash flow | 793.56M | -4.44% |
About
Tenaris S.A. is a global manufacturer and supplier of steel pipes and related services, primarily for the energy industry with nearly 23,000 employees around the world. It is a majority-owned subsidiary company of the Techint Group, which has interests in steel, energy, engineering and construction and industrial equipment.
It is headquartered in Luxembourg and is also a supplier of welded steel pipes for gas pipelines in South America. It has manufacturing facilities in Argentina, Brazil, Canada, China, Colombia, Italy, Japan, Mexico, Romania, and the US, and customer service centers in over 30 countries. Tenaris has an annual production capacity of 3.3 million tons of seamless and 2.8 million tons of welded pipes, and annual consolidated net sales in excess of US$12.1 billion. In 2007 Tenaris bought Hydril and later split the premium connections from pressure control side of the business. The pressure control business was sold to GE Oil and Gas in April 2008.
The company's CEO is Paolo Rocca.
In March 2019, Tenaris announced a $1.2 billion deal to acquire IPSCO Tubulars from Russian steelmaker OAO TMK. Wikipedia
CEO
Founded
2001
Headquarters
Website
Employees
29,134