Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 11.27% is 22% below its 5-year average of 14.49%, around the middle of its 5-year range (4.13%–23.46%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.16% below its 12-month average of 11.64%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 11.27%.
RETURN ON EQUITY (ROE)
11.27%
RETURN ON EQUITY (ROE) AVG TTM
11.64%
RETURN ON EQUITY (ROE) AVG 3Y
15.53%
RETURN ON EQUITY (ROE) AVG 5Y
14.49%
RETURN ON EQUITY (ROE) AVG 10Y
8.61%
RETURN ON EQUITY (ROE) AVG 15Y
9.13%
RETURN ON EQUITY (ROE) AVG 20Y
11.19%
CURRENT VS TTM AVG
-3.16%
CURRENT VS 3Y AVG
-27.42%
CURRENT VS 5Y AVG
-22.22%
CURRENT VS 10Y AVG
+30.98%
CURRENT VS 15Y AVG
+23.47%
CURRENT VS 20Y AVG
+0.76%
SECTOR MEDIAN · ENERGY
15.95%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
-29.32%
vs the sector median at left
Tenaris S.A.
Market Cap
$30.18B
Return on Equity (ROE)
11.27%
TTM Avg
11.64%
3Y Avg
15.53%
5Y Avg
14.49%
Market Cap
$31.27B
Return on Equity (ROE)
11.28%
TTM Avg
4.86%
3Y Avg
9.33%
5Y Avg
2.58%
Market Cap
$28.10B
Return on Equity (ROE)
14.55%
TTM Avg
18.04%
3Y Avg
20.99%
5Y Avg
7.74%
Market Cap
$27.64B
Return on Equity (ROE)
10.66%
TTM Avg
10.38%
3Y Avg
12.72%
5Y Avg
9.57%
Market Cap
$34.23B
Return on Equity (ROE)
42.56%
TTM Avg
46.63%
3Y Avg
-182.03%
5Y Avg
-145.62%
Market Cap
$24.33B
Return on Equity (ROE)
32.37%
TTM Avg
36.55%
3Y Avg
42.43%
5Y Avg
41.24%
Market Cap
$21.06B
Return on Equity (ROE)
16.92%
TTM Avg
16.11%
3Y Avg
10.97%
5Y Avg
9.83%
Market Cap
$39.90B
Return on Equity (ROE)
5.11%
TTM Avg
5.62%
3Y Avg
4.67%
5Y Avg
2.58%
Market Cap
$20.25B
Return on Equity (ROE)
14.33%
TTM Avg
2.86%
3Y Avg
20.59%
5Y Avg
62.70%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tenaris S.A. (TS) | $30.18B | 11.27% | 11.64% | 15.53% | 14.49% |
| EQT Corporation (EQT)vs › | $31.27B | 11.28% | 4.86% | 9.33% | 2.58% |
| Halliburton Company (HAL)vs › | $28.10B | 14.55% | 18.04% | 20.99% | 7.74% |
| Pembina Pipeline Corporation (PBA)vs › | $27.64B | 10.66% | 10.38% | 12.72% | 9.57% |
| Venture Global, Inc. (VG)vs › | $34.23B | 42.56% | 46.63% | -182.03% | -145.62% |
| Texas Pacific Land Corporation (TPL)vs › | $24.33B | 32.37% | 36.55% | 42.43% | 41.24% |
| First Solar, Inc. (FSLR)vs › | $21.06B | 16.92% | 16.11% | 10.97% | 9.83% |
| Cameco Corporation (CCJ)vs › | $39.90B | 5.11% | 5.62% | 4.67% | 2.58% |
| Expand Energy Corporation (EXE)vs › | $20.25B | 14.33% | 2.86% | 20.59% | 62.70% |
| APA Corporation (APA)vs › | $15.86B | 23.89% | 19.38% | 253.71% | 205.93% |
ROE
11.3%
ROA
9.4%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-06-30 | 11.27% |
| 2026-03-31 | 11.50% |
| 2025-12-31 | 11.63% |
| 2025-09-30 | 11.73% |
| 2025-06-30 | 12.08% |
| 2025-03-31 | 10.52% |
| 2024-12-31 | 12.27% |
| 2024-09-30 | 15.40% |
| 2024-06-30 | 16.39% |
| 2024-03-31 | 20.26% |
| 2023-12-31 | 23.26% |
| 2023-09-30 | 22.16% |
| 2023-06-30 | 23.46% |
| 2023-03-31 | 21.10% |
| 2022-12-31 | 18.36% |
| 2022-09-30 | 16.02% |
| 2022-06-30 | 14.54% |
| 2022-03-31 | 11.97% |
| 2021-12-31 | 9.20% |
| 2021-09-30 | 7.11% |
| 2021-06-30 | 4.13% |
| 2021-03-31 | 1.17% |
| 2020-12-31 | -5.63% |
| 2020-09-30 | -5.27% |
| 2020-06-30 | -4.02% |
| 2020-03-31 | -1.43% |
| 2019-12-31 | 6.19% |
| 2019-09-30 | 6.83% |
| 2019-06-30 | 8.02% |
| 2019-03-31 | 7.36% |
| 2018-12-31 | 7.44% |
| 2018-09-30 | 6.93% |
| 2018-06-30 | 5.85% |
| 2018-03-31 | 4.89% |
| 2017-12-31 | 4.74% |
| 2017-09-30 | 3.64% |
| 2017-06-30 | 2.91% |
| 2017-03-31 | 2.10% |
| 2016-12-31 | 0.49% |
| 2016-09-30 | -0.22% |
| 2016-06-30 | -3.46% |
| 2016-03-31 | -2.69% |
| 2015-12-31 | -0.68% |
| 2015-09-30 | 1.78% |
| 2015-06-30 | 5.21% |
| 2015-03-31 | 7.81% |
| 2014-12-31 | 9.16% |
| 2014-09-30 | 10.41% |
| 2014-06-30 | 12.03% |
| 2014-03-31 | 12.17% |
| 2013-12-31 | 12.62% |
| 2013-09-30 | 12.45% |
| 2013-06-30 | 13.96% |
| 2013-03-31 | 14.32% |
| 2012-12-31 | 14.92% |
| 2012-09-30 | 15.58% |
| 2012-06-30 | 15.23% |
| 2012-03-31 | 13.25% |
| 2011-12-31 | 12.67% |
| 2011-09-30 | 12.11% |
| 2011-06-30 | 11.77% |
| 2011-03-31 | 11.83% |
| 2010-12-31 | 11.38% |
| 2010-09-30 | 10.61% |
| 2010-06-30 | 10.36% |
| 2010-03-31 | 10.89% |
| 2009-12-31 | 12.78% |
| 2009-09-30 | 13.18% |
| 2009-06-30 | 17.65% |
| 2009-03-31 | 25.82% |
| 2008-12-31 | 27.83% |
| 2008-09-30 | 29.68% |
| 2008-06-30 | 28.93% |
| 2008-03-31 | 25.35% |
| 2007-12-31 | 27.46% |
| 2007-09-30 | 29.67% |
| 2007-06-30 | 33.29% |
| 2007-03-31 | 34.33% |
| 2006-12-31 | 36.85% |
| 2006-09-30 | 37.49% |
| 2006-06-30 | 38.24% |
| 2006-03-31 | 36.74% |
| 2005-12-31 | 36.87% |
| 2005-09-30 | 41.98% |
| 2005-06-30 | 40.58% |
| 2005-03-31 | 35.91% |
| 2004-12-31 | 31.44% |
| 2004-09-30 | 16.49% |
| 2004-06-30 | 13.49% |
| 2004-03-31 | 11.29% |
| 2003-12-31 | 11.42% |