View ValuationTenaris 将来の成長Future 基準チェック /06Tenarisの収益は年間0.8%で減少すると予測されていますが、年間収益は年間2.1%で増加すると予測されています。EPS は年間 増加すると予測されています。自己資本利益率は 3 年後に12.4% 3.7%なると予測されています。主要情報-0.8%収益成長率3.72%EPS成長率Energy Services 収益成長7.9%収益成長率2.1%将来の株主資本利益率12.36%アナリストカバレッジGood最終更新日22 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • May 14Tenaris S.A. Approves Annual Dividend, Payable on May 20, 2026Tenaris S.A. announced that at the annual general shareholders' meeting held on May 12, 2026, the shareholders approved an annual dividend of USD 0.89 which represents an aggregate sum of approximately USD 0.9 billion, and which includes the interim dividend of USD 0.29 per share or approximately USD 0.3 billion, paid in November 2025. Tenaris will pay the balance of the annual dividend in the amount of USD 0.60 per share which represents approximately USD 0.6 billion, on May 20th, 2026; with a record date of May 19th, 2026, and an ex-dividend date of May 18th, 2026 for securities listed in Europe and Mexico and an ex-dividend of May 19th, 2026 for securities listed in the United States.Upcoming Dividend • May 11Upcoming dividend of US$0.60 per shareEligible shareholders must have bought the stock before 18 May 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.2%).お知らせ • May 09Tenaris S.A. Announces CEO ChangesTenaris S.A. announced that its Board of Directors appointed Gabriel Podskubka as Chief Executive Officer. Paolo Rocca will continue to serve as Chairman of the Board. The members of the Board would like to express their profound gratitude to Paolo Rocca for his outstanding leadership in building Tenaris into the clear global leader that it is today, and is pleased that Paolo will continue to serve as Chairman. Since even before Tenaris became a public company in 2002, Paolo has shown a remarkable vision in creating a unified company providing critical and uniquely differentiated products and services to customers in the energy industry. He has been the architect of the continuous growth of the company over the past 25 years, during which he has reinforced the solid industrial values which are the foundation of its success. Mr. Podskubka has served as Tenaris’s Chief Operating Officer since 2023, coordinating sales and marketing, supply chain and production operations, and product and service development. He joined Tenaris in Argentina in 1995 and has held leadership positions across marketing, commercial and industrial functions, including heading Tenaris’s Eastern European operations in 2009 and serving as president of its Eastern Hemisphere operations from 2013 to 2023.Reported Earnings • May 07First quarter 2026 earnings released: EPS: US$0.54 (vs US$0.47 in 1Q 2025)First quarter 2026 results: EPS: US$0.54 (up from US$0.47 in 1Q 2025). Revenue: US$3.10b (up 6.1% from 1Q 2025). Net income: US$540.7m (up 6.7% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Energy Services industry in Europe.Reported Earnings • Apr 01Full year 2025 earnings released: EPS: US$1.83 (vs US$1.81 in FY 2024)Full year 2025 results: EPS: US$1.83. Revenue: US$12.0b (down 4.3% from FY 2024). Net income: US$1.93b (down 5.1% from FY 2024). Profit margin: 16% (in line with FY 2024). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Energy Services industry in Europe.お知らせ • Mar 27Tenaris S.A. (BIT:TEN) acquired Oilfield Division of AllTorque Control Systems Inc.Tenaris S.A. (BIT:TEN) acquired Oilfield Division of AllTorque Control Systems Inc. on March 26, 2026. Tenaris S.A. (BIT:TEN) completed the acquisition of Oilfield Division of AllTorque Control Systems Inc. on March 26, 2026.New Risk • Mar 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.09% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.09% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Declared Dividend • Feb 23Final dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 18th May 2026 Payment date: 20th May 2026 Dividend yield will be 3.8%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 20+ 2 more updatesTenaris S.A., Annual General Meeting, May 12, 2026Tenaris S.A., Annual General Meeting, May 12, 2026.Reported Earnings • Feb 19Full year 2025 earnings released: EPS: US$1.86 (vs US$1.81 in FY 2024)Full year 2025 results: EPS: US$1.86. Revenue: US$12.0b (down 4.3% from FY 2024). Net income: US$1.93b (down 5.1% from FY 2024). Profit margin: 16% (in line with FY 2024). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Energy Services industry in Europe.お知らせ • Jan 29+ 2 more updatesTenaris S.A. to Report Q1, 2026 Results on May 06, 2026Tenaris S.A. announced that they will report Q1, 2026 results on May 06, 2026お知らせ • Jan 14Tenaris S.A. to Report Q4, 2025 Results on Feb 18, 2026Tenaris S.A. announced that they will report Q4, 2025 results on Feb 18, 2026Upcoming Dividend • Nov 17Upcoming dividend of US$0.29 per shareEligible shareholders must have bought the stock before 24 November 2025. Payment date: 26 November 2025. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.8%).Declared Dividend • Nov 03Dividend increased to US$0.29Dividend of US$0.29 is 7.4% higher than last year. Ex-date: 24th November 2025 Payment date: 26th November 2025 Dividend yield will be 5.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: US$0.42 (vs US$0.40 in 3Q 2024)Third quarter 2025 results: EPS: US$0.42. Revenue: US$2.98b (up 2.1% from 3Q 2024). Net income: US$445.7m (flat on 3Q 2024). Profit margin: 15% (in line with 3Q 2024). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Energy Services industry in Europe.お知らせ • Oct 30Tenaris S.A. Approves Interim Dividend, Payable on November 26, 2025board of directors of Tenaris S.A. approved the payment of an interim dividend of $0.29 per share ($0.58 per ADS), or approximately $300 million, according to the following timetable: Payment date: November 26, 2025. Record date: November 25, 2025. Ex-dividend for securities listed in the United States: November 25, 2025. Ex-dividend for securities listed in Europe and Mexico: November 24, 2025.Buy Or Sell Opportunity • Sep 19Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at €14.89. The fair value is estimated to be €18.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 3.0%. For the next 3 years, revenue is forecast to grow by 1.2% per annum. Earnings are forecast to decline by 3.8% per annum over the same time period.Board Change • Sep 15Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Director Molly Montgomery was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.業績と収益の成長予測XTRA:TW10 - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202813,1722,0011,8602,4791312/31/202712,7471,9521,8042,5061812/31/202612,2411,8741,7112,440163/31/202612,1591,9671,8382,396N/A12/31/202511,9811,9331,9822,600N/A9/30/202511,8312,0001,6322,305N/A6/30/202511,7692,0031,8632,538N/A3/31/202512,0051,8062,0942,800N/A12/31/202412,5242,0362,1622,866N/A9/30/202413,0942,6492,5153,210N/A6/30/202413,4162,7393,2743,955N/A3/31/202414,1693,5263,6874,361N/A12/31/202314,8693,9183,7764,395N/A9/30/202315,0743,5963,5104,083N/A6/30/202314,8113,6652,5103,028N/A3/31/202313,5373,1791,6862,115N/A12/31/202211,7632,5537701,167N/A9/30/202210,1992,116343689N/A6/30/20228,9781,839197500N/A3/31/20227,7061,497-26022N/A12/31/20216,5211,100-126119N/A9/30/20215,595837-2212N/A6/30/20214,854474394577N/A3/31/20214,5661329011,075N/A12/31/20205,147-6341,3261,520N/A9/30/20205,757-5891,4101,645N/A6/30/20206,508-4501,3211,602N/A3/31/20207,185-1601,1631,496N/A12/31/20197,294743N/A1,528N/A9/30/20197,658817N/A1,503N/A6/30/20197,794957N/A1,179N/A3/31/20197,664884N/A1,188N/A12/31/20187,659876N/A611N/A9/30/20187,143810N/A359N/A6/30/20186,547668N/A306N/A3/31/20186,001575N/A-78N/A12/31/20175,289453N/A-22N/A9/30/20174,745319N/A-88N/A6/30/20174,429219N/A168N/A3/31/20174,241117N/A581N/A12/31/20164,29414N/A864N/A9/30/20164,470-78N/A1,145N/A6/30/20165,043-437N/A1,478N/A3/31/20165,856-344N/A1,646N/A12/31/20156,903-99N/A2,215N/A9/30/20158,357213N/A2,219N/A6/30/20159,219650N/A2,292N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: TW10の収益は今後 3 年間で減少すると予測されています (年間-0.8% )。収益対市場: TW10の収益は今後 3 年間で減少すると予測されています (年間-0.8% )。高成長収益: TW10の収益は今後 3 年間で減少すると予測されています。収益対市場: TW10の収益 ( 2.1% ) German市場 ( 6.8% ) よりも低い成長が予測されています。高い収益成長: TW10の収益 ( 2.1% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: TW10の 自己資本利益率 は、3年後には低くなると予測されています ( 12.4 %)。成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 02:05終値2026/05/25 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Tenaris S.A. 18 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。44 アナリスト機関Francesco TaddeiBanca Akros S.p.A. (ESN)Francesco SalaBanca Akros S.p.A. (ESN)Francesco SalaBanca Akros S.p.A. (ESN)41 その他のアナリストを表示
お知らせ • May 14Tenaris S.A. Approves Annual Dividend, Payable on May 20, 2026Tenaris S.A. announced that at the annual general shareholders' meeting held on May 12, 2026, the shareholders approved an annual dividend of USD 0.89 which represents an aggregate sum of approximately USD 0.9 billion, and which includes the interim dividend of USD 0.29 per share or approximately USD 0.3 billion, paid in November 2025. Tenaris will pay the balance of the annual dividend in the amount of USD 0.60 per share which represents approximately USD 0.6 billion, on May 20th, 2026; with a record date of May 19th, 2026, and an ex-dividend date of May 18th, 2026 for securities listed in Europe and Mexico and an ex-dividend of May 19th, 2026 for securities listed in the United States.
Upcoming Dividend • May 11Upcoming dividend of US$0.60 per shareEligible shareholders must have bought the stock before 18 May 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.2%).
お知らせ • May 09Tenaris S.A. Announces CEO ChangesTenaris S.A. announced that its Board of Directors appointed Gabriel Podskubka as Chief Executive Officer. Paolo Rocca will continue to serve as Chairman of the Board. The members of the Board would like to express their profound gratitude to Paolo Rocca for his outstanding leadership in building Tenaris into the clear global leader that it is today, and is pleased that Paolo will continue to serve as Chairman. Since even before Tenaris became a public company in 2002, Paolo has shown a remarkable vision in creating a unified company providing critical and uniquely differentiated products and services to customers in the energy industry. He has been the architect of the continuous growth of the company over the past 25 years, during which he has reinforced the solid industrial values which are the foundation of its success. Mr. Podskubka has served as Tenaris’s Chief Operating Officer since 2023, coordinating sales and marketing, supply chain and production operations, and product and service development. He joined Tenaris in Argentina in 1995 and has held leadership positions across marketing, commercial and industrial functions, including heading Tenaris’s Eastern European operations in 2009 and serving as president of its Eastern Hemisphere operations from 2013 to 2023.
Reported Earnings • May 07First quarter 2026 earnings released: EPS: US$0.54 (vs US$0.47 in 1Q 2025)First quarter 2026 results: EPS: US$0.54 (up from US$0.47 in 1Q 2025). Revenue: US$3.10b (up 6.1% from 1Q 2025). Net income: US$540.7m (up 6.7% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Energy Services industry in Europe.
Reported Earnings • Apr 01Full year 2025 earnings released: EPS: US$1.83 (vs US$1.81 in FY 2024)Full year 2025 results: EPS: US$1.83. Revenue: US$12.0b (down 4.3% from FY 2024). Net income: US$1.93b (down 5.1% from FY 2024). Profit margin: 16% (in line with FY 2024). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Energy Services industry in Europe.
お知らせ • Mar 27Tenaris S.A. (BIT:TEN) acquired Oilfield Division of AllTorque Control Systems Inc.Tenaris S.A. (BIT:TEN) acquired Oilfield Division of AllTorque Control Systems Inc. on March 26, 2026. Tenaris S.A. (BIT:TEN) completed the acquisition of Oilfield Division of AllTorque Control Systems Inc. on March 26, 2026.
New Risk • Mar 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.09% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.09% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Declared Dividend • Feb 23Final dividend of US$0.60 announcedShareholders will receive a dividend of US$0.60. Ex-date: 18th May 2026 Payment date: 20th May 2026 Dividend yield will be 3.8%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 20+ 2 more updatesTenaris S.A., Annual General Meeting, May 12, 2026Tenaris S.A., Annual General Meeting, May 12, 2026.
Reported Earnings • Feb 19Full year 2025 earnings released: EPS: US$1.86 (vs US$1.81 in FY 2024)Full year 2025 results: EPS: US$1.86. Revenue: US$12.0b (down 4.3% from FY 2024). Net income: US$1.93b (down 5.1% from FY 2024). Profit margin: 16% (in line with FY 2024). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Energy Services industry in Europe.
お知らせ • Jan 29+ 2 more updatesTenaris S.A. to Report Q1, 2026 Results on May 06, 2026Tenaris S.A. announced that they will report Q1, 2026 results on May 06, 2026
お知らせ • Jan 14Tenaris S.A. to Report Q4, 2025 Results on Feb 18, 2026Tenaris S.A. announced that they will report Q4, 2025 results on Feb 18, 2026
Upcoming Dividend • Nov 17Upcoming dividend of US$0.29 per shareEligible shareholders must have bought the stock before 24 November 2025. Payment date: 26 November 2025. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.8%).
Declared Dividend • Nov 03Dividend increased to US$0.29Dividend of US$0.29 is 7.4% higher than last year. Ex-date: 24th November 2025 Payment date: 26th November 2025 Dividend yield will be 5.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: US$0.42 (vs US$0.40 in 3Q 2024)Third quarter 2025 results: EPS: US$0.42. Revenue: US$2.98b (up 2.1% from 3Q 2024). Net income: US$445.7m (flat on 3Q 2024). Profit margin: 15% (in line with 3Q 2024). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Energy Services industry in Europe.
お知らせ • Oct 30Tenaris S.A. Approves Interim Dividend, Payable on November 26, 2025board of directors of Tenaris S.A. approved the payment of an interim dividend of $0.29 per share ($0.58 per ADS), or approximately $300 million, according to the following timetable: Payment date: November 26, 2025. Record date: November 25, 2025. Ex-dividend for securities listed in the United States: November 25, 2025. Ex-dividend for securities listed in Europe and Mexico: November 24, 2025.
Buy Or Sell Opportunity • Sep 19Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at €14.89. The fair value is estimated to be €18.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 3.0%. For the next 3 years, revenue is forecast to grow by 1.2% per annum. Earnings are forecast to decline by 3.8% per annum over the same time period.
Board Change • Sep 15Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Director Molly Montgomery was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.