Tenaris S.A. (TS) EBITDA Margin: 26.18%
Is Tenaris S.A.’s EBITDA margin high or low?
Tenaris S.A.'s EBITDA margin of 26.18% is in line with its 5-year average of 24.94%, near the high end of its 5-year range (1.68%–35.57%).
As of Friday, June 19, 2026. 1.87% above its 12-month average of 25.70%.
TS EBITDA Margin Chart
TS Average EBITDA Margin Chart
TS Current vs Average EBITDA Margin Chart
TS EBITDA Margin Metrics
EBITDA MARGIN
26.18%
EBITDA MARGIN AVG TTM
25.70%
EBITDA MARGIN AVG 3Y
29.86%
EBITDA MARGIN AVG 5Y
24.94%
EBITDA MARGIN AVG 10Y
21.84%
EBITDA MARGIN AVG 15Y
24.54%
EBITDA MARGIN AVG 20Y
26.77%
CURRENT VS TTM AVG
+1.87%
CURRENT VS 3Y AVG
-12.32%
CURRENT VS 5Y AVG
+4.96%
CURRENT VS 10Y AVG
+19.90%
CURRENT VS 15Y AVG
+6.70%
CURRENT VS 20Y AVG
-2.20%
TS Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tenaris S.A. (TS) | $30.70B | 26.18% | 25.70% | 29.86% | 24.94% |
| EQT Corporation (EQT)vs › | $31.74B | 64.71% | 59.94% | 58.72% | 43.01% |
| Venture Global, Inc. (VG)vs › | $26.91B | 41.82% | 51.98% | 59.57% | 59.57% |
| Cameco Corporation (CCJ)vs › | $46.38B | 33.23% | 29.20% | 26.76% | 21.21% |
| Antero Midstream Corporation (AM)vs › | $10.31B | 74.44% | 78.28% | 81.00% | 70.37% |
| Occidental Petroleum Corporation (OXY)vs › | $51.54B | 54.05% | 50.50% | 53.36% | 38.52% |
| ONEOK, Inc. (OKE)vs › | $53.57B | 23.16% | 26.82% | 24.48% | 23.45% |
| Enphase Energy, Inc. (ENPH)vs › | $6.89B | 19.69% | 17.76% | 20.97% | 19.77% |
| Weatherford International plc (WFRD)vs › | $6.59B | 19.72% | 21.10% | 19.52% | 9.85% |
| California Resources Corporation (CRC)vs › | $4.91B | 34.21% | 35.34% | 35.32% | 52.47% |
Margin Comparison
Gross Margin
34.3%
EBITDA Margin
26.2%
Operating Margin
19.1%
Net Margin
16.2%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
Tenaris S.A. EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tenaris S.A. EBITDA Margin FAQ
- What is the EBITDA margin for Tenaris S.A. (TS)?
- The EBITDA margin for TS stock is 26.18%.
- Is Tenaris S.A.'s EBITDA margin high or low?
- Tenaris S.A.'s EBITDA margin of 26.18% is in line with its 5-year average of 24.94%, near the high end of its 5-year range (1.68%–35.57%).
- What is the TTM average EBITDA margin for Tenaris S.A. (TS)?
- The TTM average EBITDA margin for TS stock is 25.70%.
- What is the 3Y average EBITDA margin for Tenaris S.A. (TS)?
- The 3Y average EBITDA margin for TS stock is 29.86%.
- What is the 5Y average EBITDA margin for Tenaris S.A. (TS)?
- The 5Y average EBITDA margin for TS stock is 24.94%.
- What is the 10Y average EBITDA margin for Tenaris S.A. (TS)?
- The 10Y average EBITDA margin for TS stock is 21.84%.
- What is the 15Y average EBITDA margin for Tenaris S.A. (TS)?
- The 15Y average EBITDA margin for TS stock is 24.54%.
- What is the 20Y average EBITDA margin for Tenaris S.A. (TS)?
- The 20Y average EBITDA margin for TS stock is 26.77%.
Tenaris S.A. EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 26.18% |
| 2024-12-31 | 25.22% |
| 2023-12-31 | 35.57% |
| 2022-12-31 | 32.47% |
| 2021-12-31 | 28.54% |
| 2020-12-31 | 1.68% |
| 2019-12-31 | 20.79% |
| 2018-12-31 | 23.56% |
| 2017-12-31 | 17.84% |
| 2016-12-31 | 16.75% |
| 2015-12-31 | 11.59% |
| 2014-12-31 | 23.30% |
| 2013-12-31 | 26.38% |
| 2012-12-31 | 27.42% |
| 2011-12-31 | 25.10% |
| 2010-12-31 | 27.33% |
| 2009-12-31 | 29.11% |
| 2008-12-31 | 29.63% |
| 2007-12-31 | 34.58% |
| 2006-12-31 | 39.44% |
| 2005-12-31 | 32.07% |
| 2004-12-31 | 24.51% |
| 2003-12-31 | 15.35% |
| 2002-12-31 | 20.13% |
| 2001-12-31 | 13.91% |
Related Metrics
About Tenaris S.A.
Headquartered in Luxembourg and founded in 2001, Tenaris S.A., a subsidiary of Techint Holdings S.à r.l., is a prominent global manufacturer and distributor of steel tubular products. The company specializes in both seamless and welded steel pipes, offering a comprehensive suite of associated services. While its primary focus is the oil and gas industry, Tenaris also caters to a wide array of other industrial applications. Its extensive product catalog includes various steel casings, diverse tubing options, mechanical and structural piping, cold-drawn pipes, and premium joints and couplings. Furthermore, they supply coiled tubing vital for oil and gas drilling, well workovers, and subsea pipelines, alongside umbilical tubing products and a broad range of tubular accessories. Beyond these core offerings, Tenaris provides sucker rods, industrial machinery, heat exchangers, and utility conduits for construction. The company also engages in the sale of energy and raw materials, and offers financial services. Tenaris maintains a significant international footprint, with operations spanning North America, South America, Europe, the Middle East and Africa, and the Asia Pacific region.
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- CEO
- Paolo Rocca