ATI (ATI) vs Tenaris S.A. (TS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
ATI (ATI) has outperformed Tenaris S.A. (TS) over the past year, gaining 126.5% versus a gain of 52.7%. Over five years, ATI leads with a +1000.6% price change compared with +141.8% for TS. Tenaris S.A. is the larger company by market cap ($28.06 billion vs $25.76 billion), about 1.1 times the size, while ATI is growing revenue faster (+5.2% vs -4.3%).
On valuation, Tenaris S.A. trades at a lower forward P/E (13.1x vs 29.7x for ATI). Tenaris S.A. pays a dividend yielding 2.14%, while ATI does not currently pay one. Tenaris S.A. converts more of its revenue into profit, with a net margin of 16.1% versus 8.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ATI | TS |
|---|---|---|
| Share price | $189.19 | $55.58 |
| Market cap | $25.76B | $28.06B |
| 1-day change | -2.83% | -2.27% |
| YTD return | +64.86% | +44.55% |
| 1-year return | +126.55% | +52.69% |
| 5-year return | +1000.58% | +141.76% |
| P/E ratio (TTM) | 55.48 | 14.82 |
| Forward P/E | 29.69 | 13.12 |
| EPS (TTM) | $3.41 | $3.75 |
| Dividend yield | 0.00% | 2.14% |
| Annual dividend | $0.00 | $1.19 |
| Revenue (latest FY) | $4.59B | $11.98B |
| Revenue growth (YoY) | +5.16% | -4.33% |
| Net income (latest FY) | $404.30M | $1.93B |
| Gross margin | 21.95% | 34.39% |
| Operating margin | 13.97% | 19.06% |
| Net margin | 8.81% | 16.13% |
| 52-week high | $243.57 | $64.60 |
| 52-week low | $79.29 | $33.65 |
| Distance from 52-week high | -22.33% | -13.96% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +35.31% | +16.57% |
| Average volume | 1.65M | 1.29M |
| Shares outstanding | 136.17M | 504.82M |
| Employees | 7,600 | 26,000 |
| Sector | Industrials | Industrials |
| Industry | Steel/Iron Ore | Steel/Iron Ore |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ATI has outperformed TS by 73.9 percentage points over the past year.
- ATI trades at a higher earnings multiple (55.5x vs 14.8x trailing P/E).
- Tenaris S.A. offers a meaningfully higher dividend yield (2.14% vs 0.00%).
- Tenaris S.A. is more profitable, keeping 16.1 cents of every revenue dollar as net income versus 8.8 cents for ATI.
- ATI grew revenue faster in its latest fiscal year (+5.16% vs -4.33%).
About ATI
ATI stock →ATI Inc. produces and sells specialty materials and complex components worldwide.
Industrials · Steel/Iron Ore · 7,600 employees
About Tenaris S.A.
TS stock →Tenaris S.A., together with its subsidiaries, manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. It provides steel casings to sustain the walls of oil and gas wells during and after drilling; steel tubing for conducting crude oil and natural gas to the surface after drilling has been completed; steel line pipes to transport crude oil and natural gas from wells to refineries, storage tanks, and loading and distribution centers; and mechanical and structural pipes for the transportation of other forms of gas and liquids under high pressure.
Industrials · Steel/Iron Ore · 26,000 employees
ATI vs TS FAQ
Which is bigger, ATI or Tenaris S.A.?
Tenaris S.A. (TS) is larger, with a market capitalization of $28.06B compared with $25.76B for ATI (ATI).
Which stock has performed better over the past year, ATI or TS?
ATI returned +126.55% over the past 12 months, compared with +52.69% for TS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ATI or TS?
TS has the lower trailing P/E at 14.8, versus 55.5 for ATI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, ATI or Tenaris S.A.?
Tenaris S.A. pays a dividend yielding 2.14%, while ATI does not currently pay a regular dividend.
Are ATI and Tenaris S.A. in the same industry?
Yes. Both are classified in the Steel/Iron Ore industry within the Industrials sector.