Halliburton Company (HAL) vs Tenaris S.A. (TS)

A side-by-side comparison of Halliburton Company and Tenaris S.A. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnHAL vs TS

growth of $100 · dividends reinvested · last 10y
HAL +1.3% (+0.1%/yr)TS +204.4% (+11.8%/yr)TS compounded faster over this window
0100200300Start $10020182020202220242026$101$304
HAL TS

HAL vs TS: by the numbers

  • TS is the larger company ($29.74B vs $27.44B market cap).
  • TS trades at the lower trailing earnings multiple (15.14 vs 17.19 P/E), one valuation lens rather than an overall verdict.
  • TS converts more revenue to profit (15.89% vs 7.16% net margin).
  • TS grew revenue faster over the past five years (19.93% vs 10.85% CAGR).
  • TS pays the higher dividend yield (3.09% vs 1.90%).

Metrics side by side

Valuation

MetricHALTS
P/E ratio17.1915.14
Forward P/E14.0314.59
P/S ratio1.232.47
P/B ratio2.491.75
EV / EBITDA9.0210.36
FCF yield6.29%5.83%

Profitability

MetricHALTS
Gross margin15.11%33.90%
Operating margin11.44%18.55%
Net margin7.16%15.89%
ROE14.55%11.27%
ROIC9.86%9.69%

Dividends

MetricHALTS
Dividend yield1.90%3.09%
Payout ratio35.58%48.63%

Growth (annualized)

MetricHALTS
Revenue CAGR (5Y)10.85%19.93%
EPS CAGR (5Y)N/A19.77%
FCF CAGR (5Y)11.48%34.13%
Total return CAGR (5Y)15.15%28.59%

Frequently asked

Which has the lower trailing P/E, HAL or TS?
TS has the lower trailing P/E: HAL trades at 17.19 and TS at 15.14. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, HAL or TS?
Over the past five years, TS grew revenue faster — HAL at a 10.85% CAGR versus TS at 19.93%.
Does HAL or TS pay a bigger dividend?
HAL yields 1.90% and TS yields 3.09% based on trailing dividends and the latest price.
Is HAL or TS more profitable?
TS runs the higher net margin — HAL at 7.16% versus TS at 15.89%.
How have HAL and TS total returns compared?
Over the past 10 years, HAL delivered 0.37% and TS delivered 11.75% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.