Halliburton (HAL) vs Tenaris S.A. (TS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Tenaris S.A. (TS) has outperformed Halliburton (HAL) over the past year, gaining 52.7% versus a gain of 30.8%. Over five years, TS leads with a +141.8% price change compared with +22.1% for HAL. Tenaris S.A. is the larger company by market cap ($28.06 billion vs $26.45 billion), about 1.1 times the size, while Halliburton is growing revenue faster (-3.3% vs -4.3%).
On valuation, Halliburton trades at a lower forward P/E (10.9x vs 13.1x for Tenaris S.A.). Halliburton offers the higher dividend yield (2.14% vs 2.14%). Tenaris S.A. converts more of its revenue into profit, with a net margin of 16.1% versus 5.8%.
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 | HAL | TS |
|---|---|---|
| Share price | $31.75 | $55.58 |
| Market cap | $26.45B | $28.06B |
| 1-day change | -2.96% | -2.27% |
| YTD return | +12.35% | +44.55% |
| 1-year return | +30.77% | +52.69% |
| 5-year return | +22.07% | +141.76% |
| P/E ratio (TTM) | 16.71 | 14.82 |
| Forward P/E | 10.95 | 13.12 |
| EPS (TTM) | $1.90 | $3.75 |
| Dividend yield | 2.14% | 2.14% |
| Annual dividend | $0.68 | $1.19 |
| Revenue (latest FY) | $22.18B | $11.98B |
| Revenue growth (YoY) | -3.31% | -4.33% |
| Net income (latest FY) | $1.28B | $1.93B |
| Gross margin | — | 34.39% |
| Operating margin | 10.19% | 19.06% |
| Net margin | 5.78% | 16.13% |
| 52-week high | $43.59 | $64.60 |
| 52-week low | $21.46 | $33.65 |
| Distance from 52-week high | -27.16% | -13.96% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +36.82% | +16.57% |
| Average volume | 11.10M | 1.29M |
| Shares outstanding | 833.13M | 504.82M |
| Employees | 46,000 | 26,000 |
| Sector | Energy | Industrials |
| Industry | Oilfield Services/Equipment | 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
- TS has outperformed HAL by 21.9 percentage points over the past year.
- Tenaris S.A. is more profitable, keeping 16.1 cents of every revenue dollar as net income versus 5.8 cents for Halliburton.
- The two companies sit in different sectors: Halliburton in Energy and Tenaris S.A. in Industrials.
About Halliburton
HAL stock →Halliburton Company provides products and services to the energy industry worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation.
Energy · Oilfield Services/Equipment · 46,000 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
HAL vs TS FAQ
Which is bigger, Halliburton or Tenaris S.A.?
Tenaris S.A. (TS) is larger, with a market capitalization of $28.06B compared with $26.45B for Halliburton (HAL).
Which stock has performed better over the past year, HAL or TS?
TS returned +52.69% over the past 12 months, compared with +30.77% for HAL (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HAL or TS?
TS has the lower trailing P/E at 14.8, versus 16.7 for HAL. 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, Halliburton or Tenaris S.A.?
Halliburton has the higher yield at 2.14%, compared with 2.14% for Tenaris S.A..
Are Halliburton and Tenaris S.A. in the same industry?
No. Halliburton is in the Energy sector, while Tenaris S.A. is in Industrials.