Tenaris S.A. (TS) Return on Invested Capital (ROIC): 10.12%
Is Tenaris S.A.’s return on invested capital (ROIC) high or low?
Tenaris S.A.'s return on invested capital (ROIC) of 10.12% is in line with its 5-year average of 9.32%, around the middle of its 5-year range (-5.12%–20.22%).
As of Saturday, June 20, 2026. 3.02% below its 12-month average of 10.43%.
TS Return on Invested Capital (ROIC) Chart
TS Average Return on Invested Capital (ROIC) Chart
TS Current vs Average Return on Invested Capital (ROIC) Chart
TS Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
10.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
14.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.81%
CURRENT VS TTM AVG
-3.02%
CURRENT VS 3Y AVG
-28.37%
CURRENT VS 5Y AVG
+8.53%
CURRENT VS 10Y AVG
+63.44%
CURRENT VS 15Y AVG
+34.27%
CURRENT VS 20Y AVG
+3.17%
TS Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tenaris S.A. (TS) | $30.70B | 10.12% | 10.43% | 14.13% | 9.32% |
| EQT Corporation (EQT)vs › | $31.74B | 6.18% | 3.92% | 6.66% | 2.88% |
| Venture Global, Inc. (VG)vs › | $26.91B | 8.20% | 5.85% | 12.44% | 9.95% |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 8.00% | 6.80% | 10.87% | 9.26% |
| Cameco Corporation (CCJ)vs › | $46.38B | 4.77% | 4.28% | 2.75% | 1.34% |
| Antero Midstream Corporation (AM)vs › | $10.31B | 8.18% | 8.25% | 7.88% | 6.27% |
| Occidental Petroleum Corporation (OXY)vs › | $51.54B | 3.15% | 4.32% | 8.73% | 6.32% |
| ONEOK, Inc. (OKE)vs › | $53.57B | 8.62% | 7.46% | 8.21% | 8.27% |
| Enphase Energy, Inc. (ENPH)vs › | $6.89B | 4.79% | 3.62% | 9.02% | 11.21% |
| Weatherford International plc (WFRD)vs › | $6.59B | 16.68% | 18.24% | 15.59% | 4.98% |
Capital Efficiency
ROIC
10.1%
ROE
11.5%
Tenaris S.A. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tenaris S.A. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Tenaris S.A. (TS)?
- The return on invested capital (ROIC) for TS stock is 10.12%.
- Is Tenaris S.A.'s return on invested capital (ROIC) high or low?
- Tenaris S.A.'s return on invested capital (ROIC) of 10.12% is in line with its 5-year average of 9.32%, around the middle of its 5-year range (-5.12%–20.22%).
- What is the TTM average return on invested capital (ROIC) for Tenaris S.A. (TS)?
- The TTM average return on invested capital (ROIC) for TS stock is 10.43%.
- What is the 3Y average return on invested capital (ROIC) for Tenaris S.A. (TS)?
- The 3Y average return on invested capital (ROIC) for TS stock is 14.13%.
- What is the 5Y average return on invested capital (ROIC) for Tenaris S.A. (TS)?
- The 5Y average return on invested capital (ROIC) for TS stock is 9.32%.
- What is the 10Y average return on invested capital (ROIC) for Tenaris S.A. (TS)?
- The 10Y average return on invested capital (ROIC) for TS stock is 6.19%.
- What is the 15Y average return on invested capital (ROIC) for Tenaris S.A. (TS)?
- The 15Y average return on invested capital (ROIC) for TS stock is 7.54%.
- What is the 20Y average return on invested capital (ROIC) for Tenaris S.A. (TS)?
- The 20Y average return on invested capital (ROIC) for TS stock is 9.81%.
Tenaris S.A. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 10.12% |
| 2024-12-31 | 10.75% |
| 2023-12-31 | 20.22% |
| 2022-12-31 | 15.42% |
| 2021-12-31 | 4.56% |
| 2020-12-31 | -5.12% |
| 2019-12-31 | 4.98% |
| 2018-12-31 | 5.51% |
| 2017-12-31 | 2.52% |
| 2016-12-31 | -0.23% |
| 2015-12-31 | -0.62% |
| 2014-12-31 | 8.83% |
| 2013-12-31 | 10.77% |
| 2012-12-31 | 13.55% |
| 2011-12-31 | 11.09% |
| 2010-12-31 | 8.24% |
| 2009-12-31 | 10.33% |
| 2008-12-31 | 15.04% |
| 2007-12-31 | 15.80% |
| 2006-12-31 | 18.35% |
| 2005-12-31 | 25.88% |
| 2004-12-31 | 13.21% |
| 2003-12-31 | 6.31% |
| 2002-12-31 | 7.83% |
| 2001-12-31 | 6.67% |
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