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

TS leads on 12 of 16 compared metrics.

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 June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — HAL vs TS

growth of $100 · last 24y
HAL +255.4%TS +1539.3%TS compounded faster
05001k2k2kStart $100200620102014201820222026$355$1,639
HAL TS

HAL vs TS: by the numbers

  • TS is the larger company ($31.14B vs $29.33B market cap).
  • TS trades at the lower earnings multiple (15.60 vs 19.28 P/E).
  • TS converts more revenue to profit (16.18% vs 6.95% net margin).
  • TS grew revenue faster over the past five years (21.64% vs 11.51% CAGR).
  • TS pays the higher dividend yield (3.07% vs 1.94%).

Which is better, HAL or TS?

Metric tally: HAL 4 · TS 12

It depends on what you're optimizing for:

ValueTS(lower P/E)
GrowthTS(faster 5Y revenue CAGR)
IncomeTS(higher dividend yield)
QualityTS(higher ROIC)

Metrics side by side

Valuation

MetricHALTS
P/E ratio19.2815.60
Forward P/E12.0813.72
P/S ratio1.332.48
P/B ratio2.721.76
PEG ratio0.79
EV / EBITDA8.649.61
FCF yield5.69%6.22%

Profitability

MetricHALTS
Gross margin15.31%34.29%
Operating margin11.31%19.10%
Net margin6.95%16.18%
ROE14.23%11.50%
ROIC8.38%10.12%

Dividends

MetricHALTS
Dividend yield1.94%3.07%
Payout ratio45.03%47.85%

Growth (annualized)

MetricHALTS
Revenue CAGR (5Y)11.51%21.64%
EPS CAGR (5Y)-3.16%19.77%
FCF CAGR (5Y)6.24%15.66%
Total return CAGR (5Y)10.45%25.68%

Frequently asked

Which is better, HAL or TS?
It depends on your goal. value: TS (lower P/E); growth: TS (faster 5Y revenue CAGR); income: TS (higher dividend yield); quality: TS (higher ROIC). Across all compared metrics, TS leads 12 to 4.
Is HAL or TS cheaper?
On trailing earnings, TS is cheaper: HAL trades at a 19.28 P/E and TS at 15.60.
Which has grown faster, HAL or TS?
Over the past five years, TS grew revenue faster — HAL at a 11.51% CAGR versus TS at 21.64%.
Does HAL or TS pay a bigger dividend?
HAL yields 1.94% and TS yields 3.07% based on trailing dividends and the latest price.
Is HAL or TS more profitable?
TS runs the higher net margin — HAL at 6.95% versus TS at 16.18%.
Which has been the better investment, HAL or TS?
Over the past 10-year, TS delivered the higher annualized total return — HAL at -0.73% versus TS at 10.57%. 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 June 24, 2026.