Tenaris Inkomsten in het verleden
Verleden criteriumcontroles 3/6
Tenaris heeft de winst zien groeien met een gemiddeld jaarlijks percentage van 12.8%, terwijl de Energy Services-industrie de winst zag groeien met 49.6% per jaar. De inkomsten zijn gegroeid met een gemiddeld jaarlijks percentage van 13.6%. Het rendement op eigen vermogen van Tenaris is 11.6%, en het heeft een nettomarge van 16.2%.
Belangrijke informatie
12.82%
Groei van de winst
14.63%
Groei van de winst per aandeel
| Energy Services Groei van de industrie | 23.29% |
| Inkomstengroei | 13.57% |
| Rendement op eigen vermogen | 11.64% |
| Nettomarge | 16.17% |
| Volgende winstupdate | 05 Aug 2026 |
Recente prestatie-updates uit het verleden
Recent updates
Narratiefupdate • May 19
TEN: Future Dividends And Buybacks Will Support Capital Return Upside
Analysts have lifted their price target for Tenaris from €28.19 to €34.18, citing updated assumptions that include revised revenue growth, profit margin and future P/E estimates, along with a slightly higher discount rate. What's in the News Shareholders approved an annual dividend of US$0.89 per share at the May 12, 2026 AGM, totaling about US$0.9b and including the interim dividend of US$0.29 per share already paid in November 2025 (AGM filing).Analyseartikel • May 11
Tenaris S.A. Just Recorded A 16% EPS Beat: Here's What Analysts Are Forecasting Next
Tenaris S.A. ( BIT:TEN ) defied analyst predictions to release its quarterly results, which were ahead of market...
Narratiefupdate • May 02
TEN: Dividend And Buyback Will Mask Weaker Prospects For Future Returns
Analysts have raised their price target on Tenaris from €22.85 to €24.14, citing updated assumptions on the discount rate, revenue growth, profit margins and future P/E as the main reasons for the change. What's in the News Tenaris has called an Annual General Meeting for May 12, 2026, followed by an Extraordinary General Meeting, where shareholders will be asked to vote on proposed amendments to the articles of association (company filing).Narratiefupdate • Apr 18
TEN: Dividend Plan And Completed Buyback Will Support Steady Outlook
Analysts have lifted their price target for Tenaris from about €18.60 to roughly €22.85, pointing to updated fair value assumptions that reflect revised views on revenue, profit margins and future P/E levels. What's in the News Tenaris has called an Annual General Meeting of Shareholders for May 12, 2026, to be followed immediately by an Extraordinary General Meeting to vote on proposed amendments to the articles of association (company announcement).Narratiefupdate • Apr 03
TEN: Future Capital Returns And Modest Assumption Shifts May Support Upside
Analysts now set a slightly higher price target for Tenaris at about €28.19, up from roughly €27.94. The change reflects modest adjustments to assumptions for discount rate, revenue growth, profit margin and future P/E.Narratiefupdate • Mar 20
TEN: Higher P/E Outlook And Capital Returns May Support Future Upside
Analysts have revised their fair value estimate for Tenaris to €27.94 from €21.05, reflecting updated assumptions on the discount rate, long term revenue growth, profit margin and future P/E. What's in the News The board intends to propose a total annual dividend of $0.89 per share (about $900 million) for approval at the May 12, 2026 shareholders meeting, including the interim dividend of $0.29 per share already paid in November 2025 (company announcement).
Narratiefupdate • Mar 06
TEN: Richer P/E Will Face Pressure From Weakening Revenue And Margin Outlook
Analysts have lifted their price target on Tenaris from €16.67 to €18.41, citing updated assumptions around revenue trends, profit margins and future P/E. Together, these factors point to a modestly higher assessed fair value.Narratiefupdate • Feb 19
TEN: Richer P/E Multiple Will Pressure Returns With Weakening Revenue Trends
Analysts have raised their price target on Tenaris from about €14.16 to around €16.67, citing updated assumptions on discount rates, revenue trends, margins and future P/E expectations. Valuation Changes Fair Value: Raised from about €14.16 to around €16.67, implying a higher assessed value per share under the updated assumptions.Narratiefupdate • Feb 05
TEN: Softer Margins And Lower P/E Assumptions Will Weigh On Returns
Analysts have reduced their fair value estimate for Tenaris slightly, from $14.41 to $14.16. This change reflects small adjustments to assumptions around revenue trends, profit margins and the future P/E multiple.Analyseartikel • Jan 24
Investors Will Want Tenaris' (BIT:TEN) Growth In ROCE To Persist
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Narratiefupdate • Jan 22
TEN: Buybacks And Dividend Will Conceal Weakening Earnings And Compressed Multiple
Analysts have nudged their fair value estimate for Tenaris slightly higher to $14.41 from $14.38, citing updated assumptions for a smaller revenue decline, a modestly higher profit margin of about 14.25%, and a lower future P/E of roughly 11.97x. What's in the News From July 1, 2025 to September 30, 2025, Tenaris repurchased 19,965,687 shares, representing 1.89% of its shares, for a total of $351 million under its ongoing buyback program (Key Developments).Narratiefupdate • Jan 07
TEN: Buyback Completion And Interim Dividend Will Support Steady Valuation Outlook
Analysts have slightly adjusted their price target on Tenaris to US$18.60 from US$18.67, citing small updates to discount rate assumptions, revenue growth expectations, profit margin outlook, and future P/E inputs. What's in the News Completion of a share buyback program, with 33,059,955 shares repurchased for US$588 million, representing 3.11% of outstanding shares under the program announced on June 14, 2025 (company filing).Narratiefupdate • Dec 23
TEN: Share Buybacks And Dividends Will Mask Weakening Earnings Power
Analysts have raised their price target on Tenaris from approximately $13.28 to $14.38 per share, reflecting expectations for slightly stronger revenue trends, improved profit margins, and a modestly lower discount rate that together support a higher fair value multiple. What's in the News Completed a share buyback of 33,059,955 shares, representing 3.11% of capital, for a total of $588 million under the program announced on June 14, 2025.Narratiefupdate • Dec 09
TEN: Buyback Completion And Interim Dividend Will Support Steady Outlook
Narrative Update on Tenaris Analysts have raised their fair value estimate for Tenaris modestly to approximately $18.67 from about $18.54, citing slightly higher long term revenue growth expectations, a small uplift in projected profit margins, and a marginally richer future price to earnings multiple. What's in the News Tenaris reported completing a major share repurchase program, buying back 33,059,955 shares since June 14, 2025, equivalent to 3.11% of shares outstanding, for a total of $588 million (company filing).Analyseartikel • Dec 08
The Market Doesn't Like What It Sees From Tenaris S.A.'s (BIT:TEN) Earnings Yet
When close to half the companies in Italy have price-to-earnings ratios (or "P/E's") above 17x, you may consider...Narratiefupdate • Nov 25
TEN: Interim Dividend And Share Buyback Completion Will Support Steady Outlook
Analysts have slightly lowered their price target for Tenaris, now estimating fair value at $18.54 per share compared to the previous $18.62. They cite moderated profit margin and revenue growth expectations for the company.Narratiefupdate • Nov 07
TEN: Interim Dividend And Revenue Outlook Will Support Steady Performance
Analysts have raised their price target for Tenaris from $17.83 to $18.62, citing improved revenue growth outlook and a lower discount rate as key factors supporting this upward revision. What's in the News Tenaris board approved payment of an interim dividend of $0.29 per share (or $0.58 per ADS), totaling approximately $300 million (Key Developments) Dividend payment date is set for November 26, 2025, with the record date on November 25, 2025 (Key Developments) Ex-dividend date for securities in the US is November 25, 2025; in Europe and Mexico, it is November 24, 2025 (Key Developments) Valuation Changes Fair Value Estimate has increased from $17.83 to $18.62 per share, reflecting a moderate upward adjustment.Analyseartikel • Nov 02
The Tenaris S.A. (BIT:TEN) Third-Quarter Results Are Out And Analysts Have Published New Forecasts
Tenaris S.A. ( BIT:TEN ) just released its latest third-quarter results and things are looking bullish. Results were...Narratiefupdate • Oct 24
Share Repurchases and Infrastructure Expansion Will Shape Future Opportunities and Risks
Analysts have slightly raised their price target for Tenaris from $17.81 to $17.83. They cite modest improvements in revenue growth projections and a marginally higher discount rate as key factors in the updated valuation.Analyseartikel • Oct 24
Tenaris (BIT:TEN) Has A Pretty Healthy Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Narratiefupdate • Oct 10
Expanding Global Infrastructure Will Unlock Opportunities But Face Transition Risks
Analysts have raised their price target for Tenaris from $17.58 to $17.81, citing improved profit margins and a slightly lower discount rate as contributing factors. What's in the News Tenaris completed the buyback of 13,094,268 shares, representing 1.22 percent, for $237 million under the program announced on June 14, 2025 (Key Developments).Analyseartikel • Oct 03
Returns On Capital Are Showing Encouraging Signs At Tenaris (BIT:TEN)
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Narratiefupdate • Sep 05
Expanding Global Infrastructure Will Unlock Opportunities But Face Transition Risks
Despite a notable decline in Tenaris’s future P/E ratio, indicating improved value or lower growth expectations, the consensus analyst price target remained unchanged at €17.58. What's in the News Tenaris completed the repurchase of 109,475,548 shares (9.64%) for $1,888.9 million under its previous buyback program.Analyseartikel • Aug 02
Earnings Beat: Tenaris S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Shareholders might have noticed that Tenaris S.A. ( BIT:TEN ) filed its interim result this time last week. The early...Analyseartikel • Jul 21
We Think Tenaris (BIT:TEN) Can Stay On Top Of Its Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analyseartikel • Jun 21
Tenaris S.A.'s (BIT:TEN) Price Is Right But Growth Is Lacking
With a price-to-earnings (or "P/E") ratio of 10.7x Tenaris S.A. ( BIT:TEN ) may be sending bullish signals at the...
Nieuw narratief • Jan 23
New Offshore Projects In Brazil And Nigeria Will Improve Future Prospects Despite Revenue Challenges
Modernization and tech integration are boosting Tenaris’s productivity and likely enhancing margins and earnings.Opbrengsten en kosten
Opbrengsten en kosten
Hoe Tenaris geld verdient en uitgeeft. Gebaseerd op laatst gerapporteerde winst, op LTM-basis.
Inkomsten en omzetgeschiedenis
| Datum | Inkomsten | Inkomsten | G+A Uitgaven | R&D-uitgaven |
|---|---|---|---|---|
| 31 Mar 26 | 12,159 | 1,967 | 1,715 | 0 |
| 31 Dec 25 | 11,981 | 1,933 | 1,710 | 0 |
| 30 Sep 25 | 11,831 | 2,000 | 1,694 | 0 |
| 30 Jun 25 | 11,769 | 2,003 | 1,707 | 0 |
| 31 Mar 25 | 12,005 | 1,806 | 1,712 | 0 |
| 31 Dec 24 | 12,524 | 2,036 | 1,752 | 0 |
| 30 Sep 24 | 13,094 | 2,649 | 1,776 | 0 |
| 30 Jun 24 | 13,416 | 2,739 | 1,751 | 0 |
| 31 Mar 24 | 14,169 | 3,526 | 1,806 | 0 |
| 31 Dec 23 | 14,869 | 3,918 | 1,749 | 0 |
| 30 Sep 23 | 15,074 | 3,596 | 1,807 | 0 |
| 30 Jun 23 | 14,811 | 3,665 | 1,707 | 0 |
| 31 Mar 23 | 13,537 | 3,179 | 1,608 | 0 |
| 31 Dec 22 | 11,763 | 2,553 | 1,513 | 0 |
| 30 Sep 22 | 10,199 | 2,116 | 1,331 | 0 |
| 30 Jun 22 | 8,978 | 1,839 | 1,399 | 0 |
| 31 Mar 22 | 7,706 | 1,497 | 1,240 | 0 |
| 31 Dec 21 | 6,521 | 1,100 | 1,128 | 0 |
| 30 Sep 21 | 5,595 | 837 | 1,134 | 0 |
| 30 Jun 21 | 4,854 | 474 | 950 | 0 |
| 31 Mar 21 | 4,566 | 132 | 915 | 0 |
| 31 Dec 20 | 5,147 | -634 | 1,056 | 0 |
| 30 Sep 20 | 5,757 | -589 | 1,060 | 0 |
| 30 Jun 20 | 6,508 | -450 | 1,107 | 0 |
| 31 Mar 20 | 7,185 | -160 | 1,225 | 0 |
| 31 Dec 19 | 7,294 | 743 | 1,248 | 0 |
| 30 Sep 19 | 7,658 | 817 | 1,312 | 0 |
| 30 Jun 19 | 7,794 | 957 | 1,308 | 0 |
| 31 Mar 19 | 7,664 | 884 | 1,332 | 0 |
| 31 Dec 18 | 7,659 | 876 | 1,320 | 0 |
| 30 Sep 18 | 7,143 | 810 | 1,199 | 0 |
| 30 Jun 18 | 6,547 | 668 | 1,269 | 0 |
| 31 Mar 18 | 6,001 | 575 | 1,215 | 0 |
| 31 Dec 17 | 5,289 | 453 | 1,270 | 0 |
| 30 Sep 17 | 4,745 | 319 | 1,165 | 0 |
| 30 Jun 17 | 4,429 | 219 | 1,183 | 0 |
| 31 Mar 17 | 4,241 | 117 | 1,213 | 0 |
| 31 Dec 16 | 4,294 | 14 | 1,129 | 0 |
| 30 Sep 16 | 4,470 | -78 | 1,543 | 0 |
| 30 Jun 16 | 5,043 | -437 | 1,443 | 0 |
| 31 Mar 16 | 5,856 | -344 | 1,478 | 0 |
| 31 Dec 15 | 6,903 | -99 | 1,594 | 0 |
| 30 Sep 15 | 8,357 | 213 | 1,396 | 0 |
| 30 Jun 15 | 9,219 | 650 | 1,766 | 0 |
Kwaliteitswinsten: TEN heeft hoge kwaliteitsinkomsten.
Groeiende winstmarge: De huidige netto winstmarges (16.2%) TEN } zijn hoger dan vorig jaar (15%).
Analyse vrije kasstroom versus winst
Analyse van de winstgroei in het verleden
Winsttrend: De winst van TEN is de afgelopen 5 jaar met 12.8% per jaar gegroeid.
Versnelling van de groei: De winstgroei van TEN over het afgelopen jaar ( 8.9% ) ligt onder het 5-jarig gemiddelde ( 12.8% per jaar).
Winst versus industrie: De winstgroei TEN over het afgelopen jaar ( 8.9% ) overtrof de Energy Services -sector 20.6%.
Rendement op eigen vermogen
Hoge ROE: Het Rendement op eigen vermogen ( 11.6% ) van TEN wordt als laag beschouwd.
Rendement op activa
Rendement op geïnvesteerd vermogen
Ontdek sterk presterende bedrijven uit het verleden
Bedrijfsanalyse en status van financiële gegevens
| Gegevens | Laatst bijgewerkt (UTC-tijd) |
|---|---|
| Bedrijfsanalyse | 2026/05/24 13:40 |
| Aandelenkoers aan het einde van de dag | 2026/05/22 00:00 |
| Inkomsten | 2026/03/31 |
| Jaarlijkse inkomsten | 2025/12/31 |
Gegevensbronnen
De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.
| Pakket | Gegevens | Tijdframe | Voorbeeld Amerikaanse bron * |
|---|---|---|---|
| Financiële gegevens bedrijf | 10 jaar |
| |
| Consensus schattingen analisten | +3 jaar |
|
|
| Marktprijzen | 30 jaar |
| |
| Eigendom | 10 jaar |
| |
| Beheer | 10 jaar |
| |
| Belangrijkste ontwikkelingen | 10 jaar |
|
* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.
Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.
Analysemodel en Snowflake
Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.
Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.
Industrie en sector
Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.
Bronnen van analisten
Tenaris S.A. wordt gevolgd door 44 analisten. 18 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.
| Analist | Instelling |
|---|---|
| Francesco Taddei | Banca Akros S.p.A. (ESN) |
| Francesco Sala | Banca Akros S.p.A. (ESN) |
| Francesco Sala | Banca Akros S.p.A. (ESN) |