Tenaris S.A. (TS) Operating Cash Flow CAGR:-12.60%(TTM)
Operating cash flow CAGR uses precomputed cash-flow statement history (cash from operations, before capital expenditures).
Over longer horizons, Tenaris S.A.'s Operating Cash Flow CAGR averages 4.99% over 3 years and 17.89% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Operating cash flow CAGR measures the compound annual growth rate of the cash Tenaris S.A. generates from its core business operations, before capital expenditures, computed from rolling-twelve-month cash-flow statement history.
TS Operating Cash Flow CAGR Chart
Tenaris S.A. (TS)
TS Quarterly Operating Cash Flow Growth (YoY)
Operating Cash Flow growth vs the same quarter one year earlier, last 20 quarters.
TS Operating Cash Flow CAGR History
| Year | Start OCF | End OCF | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $2.87B | $2.60B | $-266.64M | -9.30% | -9.30% |
| 2024 | $4.40B | $2.87B | $-1.53B | -34.79% | -34.79% |
| 2023 | $1.17B | $4.40B | +$3.23B | +276.54% | +276.54% |
| 2022 | $119.08M | $1.17B | +$1.05B | +880.24% | +880.24% |
| 2021 | $1.52B | $119.08M | $-1.40B | -92.17% | -92.17% |
| 2020 | $1.53B | $1.52B | $-7.56M | -0.49% | -0.49% |
| 2019 | $610.80M | $1.53B | +$917.14M | +150.15% | +150.15% |
| 2018 | $-22.02M | $610.80M | +$632.83M | N/A | N/A |
| 2017 | $863.57M | $-22.02M | $-885.59M | -102.55% | N/A |
| 2016 | $2.22B | $863.57M | $-1.35B | -61.01% | -61.01% |
| 2015 | $2.04B | $2.22B | +$170.94M | +8.36% | +8.36% |
| 2014 | $2.36B | $2.04B | $-311.05M | -13.21% | -13.21% |
| 2013 | $1.86B | $2.36B | +$494.70M | +26.59% | +26.59% |
| 2012 | $1.28B | $1.86B | +$577.11M | +44.97% | +44.97% |
| 2011 | $870.82M | $1.28B | +$412.48M | +47.37% | +47.37% |
| 2010 | $3.06B | $870.82M | $-2.19B | -71.58% | -71.58% |
| 2009 | $1.47B | $3.06B | +$1.60B | +109.14% | +109.14% |
| 2008 | $2.02B | $1.47B | $-555.62M | -27.50% | -27.50% |
| 2007 | $1.81B | $2.02B | +$209.77M | +11.58% | +11.58% |
| 2006 | $1.30B | $1.81B | +$515.53M | +39.80% | +39.80% |
| 2005 | $98.29M | $1.30B | +$1.20B | +1217.89% | +1217.89% |
| 2004 | $275.64M | $98.29M | $-177.35M | -64.34% | -64.34% |
| 2003 | $461.44M | $275.64M | $-185.80M | -40.27% | -40.27% |
Quarterly Operating Cash Flow: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $619.89M | -21.3% | -24.5% |
| Q4 2025 | $787.18M | +151.0% | +59.9% |
| Q3 2025 | $313.58M | -56.9% | -43.2% |
| Q2 2025 | $726.79M | -11.5% | -22.3% |
| Q1 2025 | $821.00M | +66.8% | -7.4% |
| Q4 2024 | $492.23M | -10.8% | -41.1% |
| Q3 2024 | $551.81M | -41.0% | -57.5% |
| Q2 2024 | $935.20M | +5.4% | -30.3% |
| Q1 2024 | $886.98M | +6.1% | -3.7% |
| Q4 2023 | $835.74M | -35.6% | +59.5% |
| Q3 2023 | $1.30B | -3.3% | +435.6% |
| Q2 2023 | $1.34B | +45.7% | +213.6% |
| Q1 2023 | $920.77M | +75.7% | — |
| Q4 2022 | $523.94M | +116.4% | +1038.3% |
| Q3 2022 | $242.13M | -43.4% | +357.7% |
| Q2 2022 | $427.75M | — | — |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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