Tenaris S.A. Cash Flow Statement
NYSE: TSIndustrialsSteel/Iron OreUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Tenaris S.A. free cash flow
In fiscal 2025, Tenaris S.A. generated $2.60 billion of operating cash flow. That left free cash flow of $2.60 billion, a free-cash-flow margin of 21.7% of revenue. Free cash flow was down 9.3% from the prior year's $2.87 billion.
Tenaris S.A. returned $2.26 billion to shareholders: $900.4 million in dividends and $1.36 billion in share repurchases, equal to 87% of free cash flow. Free cash flow covered dividend payments 2.9 times.
Summary generated from market data by MetaCap's automated system. Methodology
Tenaris S.A. cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20192020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.97B | 2.08B | 3.96B | 2.55B | 1.05B | -642.42M | 731.26M | 873.90M | 536.39M | 58.74M |
| Net Income growth (YoY) | -4.98% | -47.53% | +55.29% | +141.97% | — | -187.85% | -16.32% | +62.92% | +813.17% | — |
| Depreciation & Amortization | 616.17M | 632.85M | 548.51M | 607.72M | 594.72M | 678.81M | 539.52M | 664.36M | 608.64M | 662.41M |
| Operating Cash Flow | 2.60B | 2.87B | 4.40B | 1.17B | 119.08M | 1.52B | 1.53B | 610.80M | -22.02M | 863.57M |
| Investing Cash Flow | -192.60M | -1.40B | -2.69B | -163.56M | 267.90M | -2.09B | -40.39M | 399.11M | 349.12M | -98.35M |
| Dividends Paid | -900.36M | -757.79M | -636.51M | -531.24M | -318.74M | -82.64M | -484.02M | -484.02M | -484.02M | -507.63M |
| Share Repurchases | -1.36B | -1.44B | -213.74M | — | — | — | — | — | — | — |
| Debt Issued | 655.47M | 1.87B | 1.72B | 1.51B | 843.67M | 658.16M | 1.33B | 1.02B | 1.20B | 1.18B |
| Debt Repaid | -772.59M | -2.00B | -1.93B | -1.09B | -1.12B | -896.99M | -1.16B | -1.43B | -1.09B | -1.30B |
| Financing Cash Flow | -2.48B | -2.40B | -1.13B | -178.34M | -647.96M | -375.32M | -353.76M | -900.44M | -401.42M | -652.62M |
| Net Change in Cash | — | — | — | — | -260.99M | -947.20M | 1.13B | 109.47M | -74.32M | 112.59M |
| Free Cash Flow | 2.60B | 2.87B | 4.40B | 1.17B | 119.08M | 1.52B | 1.53B | 610.80M | -22.02M | 863.57M |
This table shows 10 annual periods of Tenaris S.A.'s cash flow statement, from FY 2025 back to FY 2016, across 11 line items including net income, depreciation & amortization, operating cash flow. Values in USD; B = billions, M = millions. Fiscal periods follow TS's reporting calendar. What is a cash flow statement?