56/100B58.845
USD
2.33
(4.11%)
Market Closed
Last updated: · Delayed 15 min
Fair valueNot reliable
Q3 FY2026 results
EPS1.01+24.7%Revenue3.10B+2.3%
Q3 FY2026 results
EPS1.01Beat +24.7%(est. 0.81)Revenue3.10BBeat +2.3%(est. 3.03B)
Tenaris S A return on equity (ROE)
Tenaris S A's return on equity is 11.40%: net income of 1.92B USD over the last twelve months on shareholders' equity of 16.85B USD.
- Today
- 11.40%
- Average, 5 years
- 15.25%
- Low, 5 years
- 8.81%
- High, 5 years
- 23.45%
ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 1.92B ÷ 16.85B = 11.40%
ROE (return on equity)
Net income
Shareholders' equity
Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.
Why is Tenaris S A's return on equity so high?
Net margin
16.1%
profit on each dollar of sales
×
Asset turnover
0.60×
sales on each dollar of assets
×
Equity multiplier
1.21×
assets on each dollar of equity
=
Return on equity
11.6%
FY2025
- FY202516.1% × 0.60 × 1.21 = 11.6%
- FY202416.3% × 0.61 × 1.23 = 12.3%
- FY202326.4% × 0.71 × 1.25 = 23.3%
- FY202221.7% × 0.67 × 1.26 = 18.4%
- FY202116.9% × 0.45 × 1.21 = 9.2%
The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.
ROE (return on equity) by year and by quarter
| Fiscal year | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Today | 11.40% | 1.92B | 16.85B | |
| FY2025 | 31 Dec 2025 | 11.64% | 1.93B | 16.60B |
| FY2024 | 31 Dec 2024 | 12.27% | 2.04B | 16.59B |
| FY2023 | 31 Dec 2023 | 23.26% | 3.92B | 16.84B |
| FY2022 | 31 Dec 2022 | 18.33% | 2.55B | 13.91B |
| FY2021 | 31 Dec 2021 | 9.20% | 1.10B | 11.96B |
| FY2020 | 31 Dec 2020 | 0.97% | 109.51M | 11.26B |
| FY2019 | 31 Dec 2019 | 6.10% | 731.26M | 11.99B |
| FY2018 | 31 Dec 2018 | 7.42% | 873.90M | 11.78B |
| FY2017 | 31 Dec 2017 | 4.67% | 536.39M | 11.48B |
| FY2016 | 31 Dec 2016 | 0.52% | 58.74M | 11.29B |
| FY2015 | 31 Dec 2015 | -0.64% | -74.43M | 11.71B |
| FY2014 | 31 Dec 2014 | 10.66% | 1.37B | 12.82B |
| FY2013 | 31 Dec 2013 | 12.81% | 1.57B | 12.29B |
| FY2012 | 31 Dec 2012 | 14.94% | 1.70B | 11.39B |
| FY2011 | 31 Dec 2011 | 13.52% | 1.42B | 10.51B |
| FY2010 | 31 Dec 2010 | 11.52% | 1.14B | 9.90B |
| FY2009 | 31 Dec 2009 | 13.28% | 1.21B | 9.09B |
| FY2008 | 31 Dec 2008 | 27.83% | 2.28B | 8.18B |
| FY2007 | 31 Dec 2007 | 29.63% | 2.08B | 7.01B |
| FY2006 | 31 Dec 2006 | 38.58% | 2.06B | 5.34B |
| FY2005 | 31 Dec 2005 | 39.55% | 1.39B | 3.51B |
| FY2004 | 31 Dec 2004 | 31.44% | 784.70M | 2.50B |
| FY2003 | 31 Dec 2003 | 11.42% | 210.31M | 1.84B |
| FY2002 | 31 Dec 2002 | 5.57% | 94.30M | 1.69B |
| FY2001 | 31 Dec 2001 | 17.81% | 155.90M | 875.40M |
| Quarter | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 11.74% | 1.98B | 16.85B |
| Q2 FY2026 | 30 Jun 2026 | 11.32% | 1.92B | 16.96B |
| Q1 FY2026 | 31 Mar 2026 | 11.60% | 1.98B | 17.09B |
| Q4 FY2025 | 31 Dec 2025 | 11.79% | 1.96B | 16.60B |
| Q3 FY2025 | 30 Sept 2025 | 11.88% | 2.02B | 17.04B |
| Q2 FY2025 | 30 Jun 2025 | 12.25% | 2.03B | 16.58B |
| Q1 FY2025 | 31 Mar 2025 | 10.73% | 1.84B | 17.16B |
| Q4 FY2024 | 31 Dec 2024 | 12.42% | 2.06B | 16.59B |
| Q3 FY2024 | 30 Sept 2024 | 15.64% | 2.69B | 17.20B |
| Q2 FY2024 | 30 Jun 2024 | 16.57% | 2.77B | 16.71B |
| Q1 FY2024 | 31 Mar 2024 | 20.35% | 3.54B | 17.41B |
| Q4 FY2023 | 31 Dec 2023 | 23.36% | 3.94B | 16.84B |
| Q3 FY2023 | 30 Sept 2023 | 22.14% | 3.59B | 16.23B |
| Q2 FY2023 | 30 Jun 2023 | 23.45% | 3.66B | 15.63B |
| Q1 FY2023 | 31 Mar 2023 | 21.07% | 3.17B | 15.07B |
| Q4 FY2022 | 31 Dec 2022 | 18.33% | 2.55B | 13.91B |
| Q3 FY2022 | 30 Sept 2022 | 15.76% | 2.08B | 13.20B |
| Q2 FY2022 | 30 Jun 2022 | 14.23% | 1.80B | 12.65B |
| Q1 FY2022 | 31 Mar 2022 | 11.64% | 1.46B | 12.51B |
| Q4 FY2021 | 31 Dec 2021 | 8.81% | 1.05B | 11.96B |
| Q3 FY2021 | 30 Sept 2021 | 7.00% | 823.74M | 11.76B |
| Q2 FY2021 | 30 Jun 2021 | 4.02% | 461.62M | 11.49B |
| Q1 FY2021 | 31 Mar 2021 | 1.07% | 121.13M | 11.29B |
| Q4 FY2020 | 31 Dec 2020 | -5.73% | -645.37M | 11.26B |
| Q3 FY2020 | 30 Sept 2020 | -5.37% | -600.15M | 11.18B |
| Q2 FY2020 | 30 Jun 2020 | -4.14% | -463.75M | 11.19B |
| Q1 FY2020 | 31 Mar 2020 | -1.55% | -173.75M | 11.22B |
| Q4 FY2019 | 31 Dec 2019 | 6.13% | 734.58M | 11.99B |
| Q3 FY2019 | 30 Sept 2019 | 6.76% | 807.87M | 11.96B |
| Q2 FY2019 | 30 Jun 2019 | 7.99% | 954.48M | 11.94B |
| Q1 FY2019 | 31 Mar 2019 | 7.34% | 881.26M | 12.01B |
| Q4 FY2018 | 31 Dec 2018 | 7.42% | 873.90M | 11.78B |
| Q3 FY2018 | 30 Sept 2018 | 6.94% | 811.00M | 11.69B |
| Q2 FY2018 | 30 Jun 2018 | 5.77% | 659.10M | 11.43B |
| Q1 FY2018 | 31 Mar 2018 | 4.82% | 566.05M | 11.75B |
| Q4 FY2017 | 31 Dec 2017 | 4.67% | 536.39M | 11.48B |
| Q3 FY2017 | 30 Sept 2017 | 3.47% | 398.70M | 11.50B |
| Q2 FY2017 | 30 Jun 2017 | 2.81% | 318.96M | 11.34B |
| Q1 FY2017 | 31 Mar 2017 | 2.05% | 236.36M | 11.53B |
| Q4 FY2016 | 31 Dec 2016 | 0.52% | 58.74M | 11.29B |
| Q3 FY2016 | 30 Sept 2016 | -0.09% | -10.76M | 11.48B |
| Q2 FY2016 | 30 Jun 2016 | -3.33% | -381.92M | 11.47B |
| Q1 FY2016 | 31 Mar 2016 | -2.54% | -300.42M | 11.81B |
| Q4 FY2015 | 31 Dec 2015 | -0.64% | -74.43M | 11.71B |
| Q3 FY2015 | 30 Sept 2015 | 1.81% | 216.84M | 11.97B |
| Q2 FY2015 | 30 Jun 2015 | 5.29% | 659.52M | 12.46B |
| Q1 FY2015 | 31 Mar 2015 | 7.94% | 1.01B | 12.69B |
| Q4 FY2014 | 31 Dec 2014 | 9.33% | 1.18B | 12.65B |
| Q3 FY2014 | 30 Sept 2014 | 10.58% | 1.34B | 12.69B |
| Q2 FY2014 | 30 Jun 2014 | 12.27% | 1.57B | 12.79B |
| Q1 FY2014 | 31 Mar 2014 | 12.41% | 1.58B | 12.72B |
| Q4 FY2013 | 31 Dec 2013 | 12.81% | 1.57B | 12.29B |
| Q3 FY2013 | 30 Sept 2013 | 12.59% | 1.52B | 12.05B |
| Q2 FY2013 | 30 Jun 2013 | 13.99% | 1.64B | 11.72B |
| Q1 FY2013 | 31 Mar 2013 | 14.19% | 1.67B | 11.74B |
| Q4 FY2012 | 31 Dec 2012 | 14.90% | 1.70B | 11.39B |
| Q3 FY2012 | 30 Sept 2012 | 15.87% | 1.77B | 11.17B |
| Q2 FY2012 | 30 Jun 2012 | 15.89% | 1.70B | 10.70B |
| Q1 FY2012 | 31 Mar 2012 | 14.11% | 1.55B | 10.99B |
| Q4 FY2011 | 31 Dec 2011 | 13.52% | 1.42B | 10.51B |
| Q3 FY2011 | 30 Sept 2011 | 12.72% | 1.32B | 10.34B |
| Q2 FY2011 | 30 Jun 2011 | 11.97% | 1.25B | 10.47B |
| Q1 FY2011 | 31 Mar 2011 | 11.98% | 1.24B | 10.38B |
| Q4 FY2010 | 31 Dec 2010 | 11.52% | 1.14B | 9.90B |
| Q3 FY2010 | 30 Sept 2010 | 10.93% | 1.06B | 9.70B |
| Q2 FY2010 | 30 Jun 2010 | 10.81% | 995.25M | 9.20B |
| Q1 FY2010 | 31 Mar 2010 | 11.12% | 1.04B | 9.32B |
| Q4 FY2009 | 31 Dec 2009 | 13.28% | 1.21B | 9.09B |
| Q3 FY2009 | 30 Sept 2009 | 12.04% | 1.08B | 8.98B |
| Q2 FY2009 | 30 Jun 2009 | 17.08% | 1.48B | 8.64B |
| Q1 FY2009 | 31 Mar 2009 | 25.82% | 2.17B | 8.40B |
| Q4 FY2008 | 31 Dec 2008 | 27.83% | 2.28B | 8.18B |
| Q3 FY2008 | 30 Sept 2008 | 31.74% | 2.76B | 8.69B |
| Q2 FY2008 | 30 Jun 2008 | 30.78% | 2.56B | 8.32B |
| Q1 FY2008 | 31 Mar 2008 | 27.33% | 2.07B | 7.56B |
| Q4 FY2007 | 31 Dec 2007 | 29.63% | 2.08B | 7.01B |
| Q3 FY2007 | 30 Sept 2007 | 31.80% | 2.09B | 6.58B |
| Q2 FY2007 | 30 Jun 2007 | 35.52% | 2.17B | 6.10B |
| Q1 FY2007 | 31 Mar 2007 | 36.40% | 2.13B | 5.84B |
| Q4 FY2006 | 31 Dec 2006 | 38.58% | 2.06B | 5.34B |
| Q3 FY2006 | 30 Sept 2006 | 39.37% | 1.86B | 4.73B |
| Q2 FY2006 | 30 Jun 2006 | 40.37% | 1.70B | 4.22B |
| Q1 FY2006 | 31 Mar 2006 | 39.11% | 1.55B | 3.96B |
| Q4 FY2005 | 31 Dec 2005 | 39.55% | 1.39B | 3.51B |
| Q3 FY2005 | 30 Sept 2005 | 43.82% | 1.44B | 3.29B |
| Q2 FY2005 | 30 Jun 2005 | 41.53% | 1.23B | 2.96B |
| Q1 FY2005 | 31 Mar 2005 | 35.91% | 1.02B | 2.83B |
| Q4 FY2004 | 31 Dec 2004 | 31.44% | 784.70M | 2.50B |
| Q3 FY2004 | 30 Sept 2004 | 16.49% | 330.96M | 2.01B |
| Q2 FY2004 | 30 Jun 2004 | 13.49% | 250.80M | 1.86B |
| Q1 FY2004 | 31 Mar 2004 | 11.29% | 213.16M | 1.89B |
| Q4 FY2003 | 31 Dec 2003 | 11.42% | 210.31M | 1.84B |
| Q3 FY2003 | 30 Sept 2003 | — | — | 1.82B |
| Q2 FY2003 | 30 Jun 2003 | — | — | 1.74B |
| Q1 FY2003 | 31 Mar 2003 | — | — | 1.72B |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Debt to equity,Current ratio,All ratios
Common questions about Tenaris S A's ROE
Source: Financial Modeling Prep