NOV (NOV) 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
Tenaris S.A. (TS) has outperformed NOV (NOV) over the past year, gaining 52.7% versus a gain of 36.5%. Over five years, TS leads with a +141.8% price change compared with +24.6% for NOV. Tenaris S.A. is the larger company by market cap ($28.06 billion vs $6.64 billion), about 4.2 times the size, while NOV is growing revenue faster (-1.4% vs -4.3%).
On valuation, Tenaris S.A. trades at a lower forward P/E (13.1x vs 14.5x for NOV). Tenaris S.A. offers the higher dividend yield (2.14% vs 1.77%). Tenaris S.A. converts more of its revenue into profit, with a net margin of 16.1% versus 1.7%.
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 | NOV | TS |
|---|---|---|
| Share price | $18.62 | $55.58 |
| Market cap | $6.64B | $28.06B |
| 1-day change | -2.00% | -2.27% |
| YTD return | +19.55% | +44.55% |
| 1-year return | +36.49% | +52.69% |
| 5-year return | +24.65% | +141.76% |
| P/E ratio (TTM) | 68.96 | 14.82 |
| Forward P/E | 14.52 | 13.12 |
| EPS (TTM) | $0.27 | $3.75 |
| Dividend yield | 1.77% | 2.14% |
| Annual dividend | $0.33 | $1.19 |
| Revenue (latest FY) | $8.74B | $11.98B |
| Revenue growth (YoY) | -1.42% | -4.33% |
| Net income (latest FY) | $145.00M | $1.93B |
| Gross margin | 20.21% | 34.39% |
| Operating margin | 5.65% | 19.06% |
| Net margin | 1.66% | 16.13% |
| 52-week high | $21.93 | $64.60 |
| 52-week low | $12.29 | $33.65 |
| Distance from 52-week high | -15.09% | -13.96% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +18.85% | +16.57% |
| Average volume | 3.32M | 1.29M |
| Shares outstanding | 356.48M | 504.82M |
| Employees | 31,605 | 26,000 |
| Sector | Consumer Discretionary | Industrials |
| Industry | Oil and Gas Field Machinery | 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
- Tenaris S.A. is about 4.2 times larger than NOV by market value ($28.06B vs $6.64B).
- TS has outperformed NOV by 16.2 percentage points over the past year.
- NOV trades at a higher earnings multiple (69.0x vs 14.8x trailing P/E).
- Tenaris S.A. is more profitable, keeping 16.1 cents of every revenue dollar as net income versus 1.7 cents for NOV.
- The two companies sit in different sectors: NOV in Consumer Discretionary and Tenaris S.A. in Industrials.
About NOV
NOV stock →NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally.
Consumer Discretionary · Oil and Gas Field Machinery · 31,605 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
NOV vs TS FAQ
Which is bigger, NOV or Tenaris S.A.?
Tenaris S.A. (TS) is larger, with a market capitalization of $28.06B compared with $6.64B for NOV (NOV).
Which stock has performed better over the past year, NOV or TS?
TS returned +52.69% over the past 12 months, compared with +36.49% for NOV (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NOV or TS?
TS has the lower trailing P/E at 14.8, versus 69.0 for NOV. 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, NOV or Tenaris S.A.?
Tenaris S.A. has the higher yield at 2.14%, compared with 1.77% for NOV.
Are NOV and Tenaris S.A. in the same industry?
No. NOV is in the Consumer Discretionary sector, while Tenaris S.A. is in Industrials.