Tenaris (Tenaris) Pre-Tax Income

: $4,633 Mil (TTM As of Dec. 2023)

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Pretax income is the income that a company earns before paying income taxes. Tenaris's pretax income for the three months ended in Dec. 2023 was $969 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $4,633 Mil. Tenaris's pretax margin was 28.37%.

During the past 13 years, Tenaris's highest Pretax Margin was 31.16%. The lowest was -12.03%. And the median was 13.60%.

Tenaris Pre-Tax Income Historical Data

The historical data trend for Tenaris's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tenaris Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

933.71

-619.27

1,242.77

3,165.94

4,632.79

Tenaris Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pre-Tax Income																1,061.40	1,425.18	1,413.67	825.01	968.93

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Tenaris's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tenaris Pre-Tax Income Distribution

For the Oil & Gas industry and Energy sector, Tenaris's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Tenaris's Pre-Tax Income falls into.

Tenaris Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Tenaris's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	4274.325	+	358.518	+	-106.862	+	201.852	+	-95.044
	=	4,633

Tenaris's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	817.085	+	207.831	+	-19.759	+	58.565	+	-94.789
	=	969

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,633 Mil.

Tenaris (NYSE:TS) Pre-Tax Income Explanation

Tenaris's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	968.933	/	3414.93
	=	28.37%

During the past 13 years, Tenaris's highest Pretax Margin was 31.16%. The lowest was -12.03%. And the median was 13.60%.

Tenaris Pre-Tax Income Related Terms

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Tenaris (Tenaris) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tenaris SA (NYSE:TS) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

TNRSF:USA TEN:Italy TENm:UK 0HXB:UK TW10:Germany T1SS34:Brazil

Address

26, Boulevard Royal, 4th Floor, Luxembourg, LUX, L-2449

Website

https://www.tenaris.com

Tenaris is one of the largest global producers of oil country tubular goods, or OCTG, which are used primarily in the construction of oil and gas wells. The company's production facilities are located primarily in the U.S., Argentina, Mexico, and Italy. Tenaris' premium OCTG products are among the most trusted by oil companies for use in the most challenging applications, including deep-water offshore wells and horizontal shale wells.