Tenaris Future Growth

Future criteria checks 0/6

Tenaris's revenue and earnings are forecast to decline at 3.3% and 15.6% per annum respectively. EPS is expected to decline by 15.5% per annum. Return on equity is forecast to be 11.2% in 3 years.

Key information

-15.6%

Earnings growth rate

-15.5%

EPS growth rate

Energy Services earnings growth	20.2%
Revenue growth rate	-3.3%
Future return on equity	11.2%
Analyst coverage	Good
Last updated	02 May 2024

Recent future growth updates

Recent updates

Tenaris S.A.: Record Profits, Low Multiples, Expanding Margins, And Insider Ownership

Aug 28

Tenaris S.A.: A Solid Option In The Oil And Gas Industry

Jun 09

Tenaris: Harnessing Operational Excellence For Sustainable Growth

May 23

Tenaris GAAP EPS of $0.68 misses by $0.70, revenue of $3.62B beats by $70M

Feb 15

Benteler terminates sale to Tenaris of its Shreveport, Louisiana pipe manufacturing plant

Feb 06

Tenaris GAAP EPS of $0.51 misses by $0.49, revenue of $2.98B beats by $70M

Nov 03

Tenaris: The Cash Flow Turnaround And Margin Expansion Speak A Lot

Oct 12

Tenaris: Solidifying Its Industry Leadership With Benteler Acquisition

Aug 03

Tenaris: Advantages As Activity Speeds Up, But Concerns Over Valuation

May 13

Tenaris: A Valuation Overrun Despite The Medium Term Promises

Jan 21

Tenaris Is Reopening Facilities, Makes Stock A Buy

Oct 01

Tenaris Is Coping Up In A High-Cost Environment

Jul 02

Tenaris Continues To Build Its Net Cash Position

Jun 26

Tenaris EPS beats by $0.11, misses on revenue

Apr 28

Tenaris outlines plan to decarbonize Italian steel mill

Jan 11

Tenaris Has A Few Challenges Before Recovery Sets In

Jan 02

Tenaris declares $0.07 dividend

Nov 04

Earnings and Revenue Growth Forecasts

NYSE:TS - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	12,560	2,178	1,957	2,678	9
12/31/2025	12,772	2,159	1,820	2,589	13
12/31/2024	12,621	2,219	2,342	3,064	13
3/31/2024	14,169	3,526	3,687	4,361	N/A
12/31/2023	14,869	3,918	3,776	4,395	N/A
9/30/2023	15,074	3,596	3,510	4,083	N/A
6/30/2023	14,811	3,665	2,510	3,028	N/A
3/31/2023	13,537	3,179	1,686	2,115	N/A
12/31/2022	11,763	2,553	770	1,167	N/A
9/30/2022	10,199	2,116	343	689	N/A
6/30/2022	8,978	1,839	197	500	N/A
3/31/2022	7,706	1,497	-260	22	N/A
12/31/2021	6,521	1,100	-126	119	N/A
9/30/2021	5,595	837	-2	212	N/A
6/30/2021	4,854	474	394	577	N/A
3/31/2021	4,566	132	901	1,075	N/A
12/31/2020	5,147	-634	1,326	1,520	N/A
9/30/2020	5,757	-589	1,410	1,645	N/A
6/30/2020	6,508	-450	1,321	1,602	N/A
3/31/2020	7,185	-160	1,163	1,496	N/A
12/31/2019	7,294	743	1,178	1,528	N/A
9/30/2019	7,658	817	1,157	1,503	N/A
6/30/2019	7,794	957	842	1,179	N/A
3/31/2019	7,664	884	845	1,188	N/A
12/31/2018	7,659	876	261	611	N/A
9/30/2018	7,143	810	-36	359	N/A
6/30/2018	6,547	668	-154	306	N/A
3/31/2018	6,001	575	-590	-78	N/A
12/31/2017	5,289	453	N/A	-22	N/A
9/30/2017	4,745	319	N/A	-88	N/A
6/30/2017	4,429	219	N/A	168	N/A
3/31/2017	4,241	117	N/A	581	N/A
12/31/2016	4,294	14	N/A	864	N/A
9/30/2016	4,470	-78	N/A	1,145	N/A
6/30/2016	5,043	-437	N/A	1,478	N/A
3/31/2016	5,856	-344	N/A	1,646	N/A
12/31/2015	6,903	-99	N/A	2,215	N/A
9/30/2015	8,357	213	N/A	2,219	N/A
6/30/2015	9,219	650	N/A	2,292	N/A
3/31/2015	10,012	991	N/A	2,310	N/A
12/31/2014	10,141	1,146	N/A	2,044	N/A
9/30/2014	10,336	1,320	N/A	2,302	N/A
6/30/2014	10,330	1,539	N/A	2,393	N/A
3/31/2014	10,498	1,549	N/A	2,434	N/A
12/31/2013	10,597	1,551	N/A	2,377	N/A
9/30/2013	10,681	1,514	N/A	2,256	N/A
6/30/2013	10,923	1,647	N/A	2,001	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TS's earnings are forecast to decline over the next 3 years (-15.6% per year).

Earnings vs Market: TS's earnings are forecast to decline over the next 3 years (-15.6% per year).

High Growth Earnings: TS's earnings are forecast to decline over the next 3 years.

Revenue vs Market: TS's revenue is expected to decline over the next 3 years (-3.3% per year).

High Growth Revenue: TS's revenue is forecast to decline over the next 3 years (-3.3% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TS's Return on Equity is forecast to be low in 3 years time (11.2%).

Tenaris Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Tenaris S.A. Provides Earnings Guidance for the First Half of 2023

Tenaris S.A. Provides Sales Guidance for the Third Quarter of 2021

Recent updates

Tenaris: Underperformance, Now A "HOLD" (Rating Downgrade).

Tenaris S.A., Annual General Meeting, Apr 30, 2024

Tenaris: Steeling Against High Rates With A Rock-Solid Balance Sheet

Tenaris S.A. to Report Q3, 2024 Results on Nov 06, 2024

Tenaris S.A. (BIT:TEN) entered into a definitive agreement to acquire Bredero Shaw International B.V. from Shawcor Ltd. (TSX:MATR) for $182.6 million.

Tenaris: Steel Pipes Out Of Europe With An Upside

Tenaris S.A. Approves Interim Dividend, Payable on November 22, 2023

Tenaris S.A.: Record Profits, Low Multiples, Expanding Margins, And Insider Ownership

enaris S.A. (BIT:TEN) entered into a definitive agreement to acquire Bredero Shaw International B.V. from Shawcor Ltd. (TSX:MATR) for $166 million .

Tenaris S.A. Appoints Martin Castro as President for Canadian Operations

Tenaris S.A.: A Solid Option In The Oil And Gas Industry

Tenaris: Harnessing Operational Excellence For Sustainable Growth

Tenaris S.A. Approves Dividend for the Year 2022, Payable on May 24, 2023

Tenaris S.A., Annual General Meeting, May 03, 2023

Tenaris S.A. Provides Earnings Guidance for the First Half of 2023

Tenaris GAAP EPS of $0.68 misses by $0.70, revenue of $3.62B beats by $70M

Benteler terminates sale to Tenaris of its Shreveport, Louisiana pipe manufacturing plant

Tenaris S.A. to Report Q1, 2023 Results on Apr 26, 2023

Tenaris S.A. Approves an Interim Dividend, Payable on November 23, 2022

Tenaris GAAP EPS of $0.51 misses by $0.49, revenue of $2.98B beats by $70M

Tenaris: The Cash Flow Turnaround And Margin Expansion Speak A Lot

Tenaris: Solidifying Its Industry Leadership With Benteler Acquisition

Tenaris S.A. (BIT:TEN) entered into an agreement to acquire Benteler Steel & Tube Corporation from Benteler North America Corp. for $460 million

Tenaris S.A. (BIT:TEN) entered into an agreement to acquire Benteler Steel & Tube Corporation from Benteler North America Corp. for $460 million

Tenaris Resolves U.S. Securities and Exchange Commission Investigation into Legacy Issue in Brazil

Italian Court Dismisses Case Against Tenaris’s Chairman and Chief Executive Officer and Two Other Board Members over Allegedly Improper Payments

Tenaris: Advantages As Activity Speeds Up, But Concerns Over Valuation

Tenaris Declares Annual Dividend Payable on May 25, 2022

Tenaris S.A., Annual General Meeting, May 03, 2022

Tenaris S.A. Proposes Dividend for Year 2021, Payable on May 25, 2022