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Tenaris S.A. (TS)
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Tenaris S.A. (TS) Income Tax Expense

The tax expense for Tenaris S.A. (TS) is $500.62 Million with a year-over-year change of +4.36%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.

TS Tax Expense Chart

TS Tax Expense
$500.62M-11.98% 20Y
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Current Tax Expense

$500.62M

$500.62 Million

Year-over-Year Change

+4.36%

vs. $479.68M prior year

Historical Data

25

Years of data available

Annual Tax Expense History

YearTax ExpenseYoY Change% Change
2025$500.62M+$20.94M+4.36%
2024$479.68M$-195.28M-28.93%
2023$674.96M+$57.72M+9.35%
2022$617.24M+$427.79M+225.81%
2021$189.45M+$166.30M+718.35%
2020$23.15M$-179.30M-88.57%
2019$202.45M$-26.75M-11.67%
2018$229.21M+$246.34M+1437.58%
2017$-17.14M$-34.24M-200.20%
2016$17.10M$-227.40M-93.01%
2015$244.50M$-341.56M-58.28%
2014$586.06M$-41.82M-6.66%
2013$627.88M+$86.32M+15.94%
2012$541.56M+$16.31M+3.11%
2011$525.25M+$75.24M+16.72%
2010$450.00M$-63.21M-12.32%
2009$513.21M$-498.46M-49.27%
2008$1.01B+$187.75M+22.79%
2007$823.92M$-46.05M-5.29%
2006$869.98M+$301.22M+52.96%
2005$568.75M+$348.38M+158.08%
2004$220.38M+$156.46M+244.78%
2003$63.92M$-143.85M-69.24%
2002$207.77M$-11.07M-5.06%
2001$218.84M
Data as of Friday, June 19, 2026

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.

Luxembourg City
25,874 employees
Energy / Oil & Gas Equipment & Services
Sector
Energy
Industry
Oil & Gas Equipment & Services
CEO
Paolo Rocca