Tenaris S.A. Website

Tenaris S.A.

BIT-TEN

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

7,294.1

5,146.7

6,521.2

11,762.5

14,868.9

13,416

Total Revenues % Chg.

-4.8%

-29.4%

26.7%

80.4%

26.4%

-9.4%

Cost of Goods Sold, Total

4,989.6

4,042.2

4,570.7

6,893

8,396.8

8,192.5

Gross Profit

2,304.5

1,104.6

1,950.5

4,869.5

6,472.1

5,223.4

Selling General & Admin Expenses, Total

1,247.7

1,056

1,127.8

1,513.2

1,747.4

1,750.3

Other Operating Expenses

199.8

97.4

100.5

405.6

410.9

294.9

Other Operating Expenses, Total

1,447.5

1,153.4

1,228.3

1,918.8

2,158.3

2,045.2

Operating Income

857

-48.8

722.2

2,950.7

4,313.8

3,178.2

Interest Expense, Total

-43.4

-27

-23.7

-75.7

-201.6

-169.9

Interest And Investment Income

48.1

21.6

21

86.1

201.9

235.6

Net Interest Expenses

4.7

-5.4

-2.6

10.4

0.3

65.7

Income (Loss) On Equity Invest.

82

108.8

512.6

208.7

95.4

-87.9

Currency Exchange Gains (Loss)

—

—

—

—

16.3

-54.8

9.3

61.2

210.3

194.2

Other Non Operating Income (Expenses)

-1.6

-1.6

-1

-0.3

-0.3

-75.2

EBT, Excl. Unusual Items

958.4

-1.8

1,240.5

3,230.8

4,619.4

3,274.9

Restructuring Charges

—

—

—

—

-24.6

—

—

—

—

—

Merger & Related Restructuring Charges

—

—

—

—

—

—

—

—

—

-1.4

-1.4

Impairment of Goodwill

—

—

—

—

—

-586

—

-0.7

—

—

Gain (Loss) On Sale Of Investments

-0.1

-3.2

—

-6.1

11.6

9.3

Gain (Loss) On Sale Of Assets

—

—

—

—

—

—

6.8

18

—

—

Asset Writedown

—

—

—

—

-36.4

-57.1

-76

—

—

Legal Settlements

—

—

—

—

—

8.2

52.6

—

—

-170.6

Other Unusual Items

—

—

—

—

—

—

—

—

—

3.2

3.2

EBT, Incl. Unusual Items

933.7

-619.3

1,242.8

3,165.9

4,632.8

3,115.4

Income Tax Expense

202.5

23.2

189.4

617.2

675

324.4

Earnings From Continuing Operations

731.3

-642.4

1,053.3

2,548.7

3,957.8

2,791

Earnings Of Discontinued Operations

—

—

—

—

—

—

—

Minority Interest

11.4

8

46.9

4.6

-39.8

-52.5

Net Income

742.7

-634.4

1,100.2

2,553.3

3,918.1

2,738.6

Net Income to Common Incl Extra Items

742.7

-634.4

1,100.2

2,553.3

3,918.1

2,738.6

Net Income to Common Excl. Extra Items

742.7

-634.4

1,100.2

2,553.3

3,918.1

2,738.6

Total Shares Outstanding

1,180.5

1,180.5

1,180.5

1,180.5

1,167.9

1,119

Weighted Avg. Shares Outstanding

1,180.5

1,180.5

1,180.5

1,180.5

1,178.7

1,162.9

Weighted Avg. Shares Outstanding Dil

1,180.5

1,180.5

1,180.5

1,180.5

1,178.7

1,162.9

EPS

0.6

-0.5

0.9

2.2

3.3

2.4

EPS Diluted

0.6

-0.5

0.9

2.2

3.3

2.4

EBITDA

1,352.2

572.2

1,265.5

3,486

4,790.7

3,702.3

Effective Tax Rate

21.7%

-3.7%

15.2%

19.5%

14.6%

10.4%