View Future GrowthTenaris 過去の業績過去 基準チェック /26Tenarisは、平均年間6.6%の収益成長を遂げていますが、 Energy Services業界の収益は、年間 成長しています。収益は、平均年間41.3% 10.4%収益成長率で 成長しています。 Tenarisの自己資本利益率は11.4%であり、純利益率は15.9%です。主要情報6.58%収益成長率8.81%EPS成長率Energy Services 業界の成長23.29%収益成長率10.38%株主資本利益率11.44%ネット・マージン15.88%次回の業績アップデート04 Nov 2026最近の業績更新Reported Earnings • Aug 06Second quarter 2026 earnings released: EPS: US$0.47 (vs US$0.50 in 2Q 2025)Second quarter 2026 results: EPS: US$0.47 (down from US$0.50 in 2Q 2025). Revenue: US$2.97b (down 3.9% from 2Q 2025). Net income: US$477.1m (down 10% from 2Q 2025). Profit margin: 16% (down from 17% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Energy Services industry in Europe.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.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すべての更新を表示Recent updatesDeclared Dividend • Aug 10First half dividend of US$0.59 announcedShareholders will receive a dividend of US$0.59. Ex-date: 23rd November 2026 Payment date: 25th November 2026 Dividend yield will be 4.7%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (53% 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 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Aug 06Tenaris S.A. Provides Earnings Guidance for the Second Half of 2026Tenaris S.A. provided earnings guidance for the second half of 2026. In the second half, The company expects sales to remain in line with the first half, despite sales continuing to be affected by lower shipments to the Middle East and higher raw material costs.Reported Earnings • Aug 06Second quarter 2026 earnings released: EPS: US$0.47 (vs US$0.50 in 2Q 2025)Second quarter 2026 results: EPS: US$0.47 (down from US$0.50 in 2Q 2025). Revenue: US$2.97b (down 3.9% from 2Q 2025). Net income: US$477.1m (down 10% from 2Q 2025). Profit margin: 16% (down from 17% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Energy Services industry in Europe.お知らせ • Aug 06+ 1 more updateTenaris S.A. Announces Board and Committee ChangesThe board of directors of Tenaris S.A.has been informed at its most recent meeting that Jaime Serra Puche has resigned as a member of the Board and of its Audit Committee, for personal reasons, and that, due to other commitments, Germán Curá has resigned as Vice Chair responsible for overseeing Tenaris’s Sustainability Strategy but will continue to serve as a director. Pursuant to the authority granted to the Board of Directors under Luxembourg law and the Company's articles of association, the Board has appointed Alicia Móndolo as a member of the Board until the Company’s next shareholders meeting and as Vice Chair responsible for overseeing the Company's Sustainability Strategy, Risk Management and Compliance, and Maria Novales-Flamarique as a member of the Audit Committee. These changes will be effective upon the publication of the Company's unaudited financial statements for the second quarter of 2026. Following such changes, the Board of Directors will be composed of ten members, as follows: Mr. Paolo Rocca, Chairman; Mr. Guillermo Vogel, Vice Chair responsible for overseeing Financial Reporting and Investor Relations; Ms. Alicia Móndolo, Vice Chair responsible for overseeing Sustainability, Risk Management and Compliance; Ms. Monica Tiuba; Mr. Simon Ayat; Ms. Maria Novales-Flamarique; Mr. Gianfelice Rocca; Mr. Roberto Bonatti; Mr. Germán Curá; and Ms. Molly Montgomery. Each of Ms. Tiuba, Mr. Ayat, Ms. Novales-Flamarique and Ms. Montgomery qualify as independent directors. The Audit Committee will be composed of Ms. Monica Tiuba, as Chair, Mr. Simon Ayat and Ms. Maria Novales-Flamarique.New Risk • Jun 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.01% 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 0.01% 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.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.収支内訳Tenaris の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史XTRA:TW10 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費30 Jun 2612,0401,9121,723031 Mar 2612,1591,9671,715031 Dec 2511,9811,9331,710030 Sep 2511,8312,0001,694030 Jun 2511,7692,0031,709031 Mar 2512,0051,8061,712031 Dec 2412,5242,0361,752030 Sep 2413,0942,6491,776030 Jun 2413,4162,7391,751031 Mar 2414,1693,5261,806031 Dec 2314,8693,9181,749030 Sep 2315,0743,5961,807030 Jun 2314,8113,6651,707031 Mar 2313,5373,1791,608031 Dec 2211,7632,5531,513030 Sep 2210,1992,1161,331030 Jun 228,9781,8391,399031 Mar 227,7061,4971,240031 Dec 216,5211,1001,128030 Sep 215,5958371,134030 Jun 214,854474950031 Mar 214,566132915031 Dec 205,147-6341,056030 Sep 205,757-5891,060030 Jun 206,508-4501,107031 Mar 207,185-1601,225031 Dec 197,2947431,248030 Sep 197,6588171,312030 Jun 197,7949571,308031 Mar 197,6648841,332031 Dec 187,6598761,320030 Sep 187,1438101,199030 Jun 186,5476681,269031 Mar 186,0015751,215031 Dec 175,2894531,270030 Sep 174,7453191,165030 Jun 174,4292191,183031 Mar 174,2411171,213031 Dec 164,294141,129030 Sep 164,470-781,543030 Jun 165,043-4371,443031 Mar 165,856-3441,478031 Dec 156,903-991,594030 Sep 158,3572131,3960質の高い収益: TW10は 高品質の収益 を持っています。利益率の向上: TW10の現在の純利益率 (15.9%)は、昨年(17%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: TW10の収益は過去 5 年間で年間6.6%増加しました。成長の加速: TW10は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: TW10は過去 1 年間で収益成長率がマイナス ( -4.5% ) となったため、 Energy Services業界平均 ( 37.1% ) と比較することが困難です。株主資本利益率高いROE: TW10の 自己資本利益率 ( 11.4% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YEnergy 、過去の業績が好調な企業。View Financial Health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2026/08/23 15:28終値2026/08/21 00:00収益2026/06/30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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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. 17 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。43 アナリスト機関Francesco TaddeiBanca Akros S.p.A. (ESN)Francesco SalaBanca Akros S.p.A. (ESN)J. David AndersonBarclays40 その他のアナリストを表示
Reported Earnings • Aug 06Second quarter 2026 earnings released: EPS: US$0.47 (vs US$0.50 in 2Q 2025)Second quarter 2026 results: EPS: US$0.47 (down from US$0.50 in 2Q 2025). Revenue: US$2.97b (down 3.9% from 2Q 2025). Net income: US$477.1m (down 10% from 2Q 2025). Profit margin: 16% (down from 17% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Energy Services industry in Europe.
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.
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
Declared Dividend • Aug 10First half dividend of US$0.59 announcedShareholders will receive a dividend of US$0.59. Ex-date: 23rd November 2026 Payment date: 25th November 2026 Dividend yield will be 4.7%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (53% 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 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 06Tenaris S.A. Provides Earnings Guidance for the Second Half of 2026Tenaris S.A. provided earnings guidance for the second half of 2026. In the second half, The company expects sales to remain in line with the first half, despite sales continuing to be affected by lower shipments to the Middle East and higher raw material costs.
Reported Earnings • Aug 06Second quarter 2026 earnings released: EPS: US$0.47 (vs US$0.50 in 2Q 2025)Second quarter 2026 results: EPS: US$0.47 (down from US$0.50 in 2Q 2025). Revenue: US$2.97b (down 3.9% from 2Q 2025). Net income: US$477.1m (down 10% from 2Q 2025). Profit margin: 16% (down from 17% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Energy Services industry in Europe.
お知らせ • Aug 06+ 1 more updateTenaris S.A. Announces Board and Committee ChangesThe board of directors of Tenaris S.A.has been informed at its most recent meeting that Jaime Serra Puche has resigned as a member of the Board and of its Audit Committee, for personal reasons, and that, due to other commitments, Germán Curá has resigned as Vice Chair responsible for overseeing Tenaris’s Sustainability Strategy but will continue to serve as a director. Pursuant to the authority granted to the Board of Directors under Luxembourg law and the Company's articles of association, the Board has appointed Alicia Móndolo as a member of the Board until the Company’s next shareholders meeting and as Vice Chair responsible for overseeing the Company's Sustainability Strategy, Risk Management and Compliance, and Maria Novales-Flamarique as a member of the Audit Committee. These changes will be effective upon the publication of the Company's unaudited financial statements for the second quarter of 2026. Following such changes, the Board of Directors will be composed of ten members, as follows: Mr. Paolo Rocca, Chairman; Mr. Guillermo Vogel, Vice Chair responsible for overseeing Financial Reporting and Investor Relations; Ms. Alicia Móndolo, Vice Chair responsible for overseeing Sustainability, Risk Management and Compliance; Ms. Monica Tiuba; Mr. Simon Ayat; Ms. Maria Novales-Flamarique; Mr. Gianfelice Rocca; Mr. Roberto Bonatti; Mr. Germán Curá; and Ms. Molly Montgomery. Each of Ms. Tiuba, Mr. Ayat, Ms. Novales-Flamarique and Ms. Montgomery qualify as independent directors. The Audit Committee will be composed of Ms. Monica Tiuba, as Chair, Mr. Simon Ayat and Ms. Maria Novales-Flamarique.
New Risk • Jun 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.01% 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 0.01% 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.
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.