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).
Total return — HAL vs TS
growth of $100 · last 24yHAL +255.4%TS +1539.3%TS compounded faster
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 12It 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
| Metric | HAL | TS |
|---|---|---|
| P/E ratio | 19.28 | 15.60● |
| Forward P/E | 12.08● | 13.72 |
| P/S ratio | 1.33● | 2.48 |
| P/B ratio | 2.72 | 1.76● |
| PEG ratio | — | 0.79 |
| EV / EBITDA | 8.64● | 9.61 |
| FCF yield | 5.69% | 6.22%● |
Profitability
| Metric | HAL | TS |
|---|---|---|
| Gross margin | 15.31% | 34.29%● |
| Operating margin | 11.31% | 19.10%● |
| Net margin | 6.95% | 16.18%● |
| ROE | 14.23%● | 11.50% |
| ROIC | 8.38% | 10.12%● |
Dividends
| Metric | HAL | TS |
|---|---|---|
| Dividend yield | 1.94% | 3.07%● |
| Payout ratio | 45.03% | 47.85% |
Growth (annualized)
| Metric | HAL | TS |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Halliburton P/E ratioTenaris P/E ratioHalliburton dividend yieldTenaris dividend yieldHalliburton ROETenaris ROEHalliburton operating marginTenaris operating marginHalliburton revenue growthTenaris revenue growthHalliburton free cash flowTenaris free cash flow
Halliburton & Tenaris appear in these rankings
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.