TS (Tenaris) Deferred Tax: $-39 Mil (TTM As of Jun. 2026)

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TS Tenaris SA TS
82 GF Score
Price $56.13
GF Value $36.80
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tenaris Deferred Tax?

Tenaris TS -0.90% 82 Deferred Tax is $-39 Mil as of Jun. 2026. GuruFocus rates TS with a GF Score™ of 82/100 and a GF Value™ of $36.80 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Tenaris's change in deferred tax for the three months ended in Jun. 2026 was $0 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Jun. 2026 was $-39 Mil.

Tenaris Deferred Tax Historical Data

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The historical data trend for Tenaris's Deferred Tax 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.

Tenaris Deferred Tax Chart

Tenaris Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Deferred Tax
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.98 27.55 -194.04 -171.79 -61.79

Tenaris Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Deferred Tax Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -61.79 0.00 0.00
TS
82GF Score
Tenaris SA TS
Deferred Tax is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenaris Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-39 Mil.


* 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.

Frequently Asked Questions Learn more about Deferred Tax →
What does a Deferred Tax of $-39 Mil mean?
Tenaris (TS) has a Deferred Tax of $-39 Mil as of Jun. 2026. Change in Defered Tax is amount of deferred tax assets or liabilities due to temporary differences in financial and tax accounting. View historical data for Tenaris.
Is Tenaris' Deferred Tax too high?
Tenaris' current Deferred Tax is $-39 Mil. Overall, Tenaris has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tenaris' Deferred Tax compare to SLB and BKR?
Tenaris' Deferred Tax of $-39 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Deferred Tax for an Oil & Gas company?
A good Deferred Tax depends on the Oil & Gas industry context. However, Deferred Tax should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Deferred Tax mean?
A high Deferred Tax can signal that a stock is expensive relative to its fundamentals. Change in Defered Tax is amount of deferred tax assets or liabilities due to temporary differences in financial and tax accounting. View historical data for Tenaris. Tenaris's current Deferred Tax is $-39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenaris stock overvalued right now?
Based on GuruFocus' analysis, Tenaris (TS) is currently considered Significantly Overvalued. The stock's GF Value™ is $36.80, compared to a current price of $56.13 — trading 52.5% above its estimated fair value. The current Deferred Tax is $-39 Mil. Tenaris' overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Deferred Tax calculated?
Deferred Tax is calculated from a company's financial statements. For Tenaris (TS), the current Deferred Tax is $-39 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tenaris (TS) Overvalued in 2026?

Based on GuruFocus' analysis, Tenaris stock appears to be overvalued. The current stock price of $56.13 is trading 52.5% above its estimated GF Value™ of $36.80. GuruFocus considers Tenaris to be Significantly Overvalued.

Key valuation signals for TS:

  • Deferred Tax: $-39 Mil
  • GF Value™: $36.80 vs. price of $56.13 (52.5% above fair value)
  • GF Score™: 82/100 with 5 warning signs

No single metric tells the full story. See the TS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tenaris Business Description

Industry EnergyOil & Gas
Address 26, Boulevard Royal, 4th Floor, Luxembourg, LUX, L-2449
Tenaris SA is engaged in the manufacture and supply of steel pipe products and related services for the energy industry and other industrial applications. The company has one reportable segment, Tubes, which includes the production and sale of steel tubular products such as OCTG, line pipe, and mechanical and structural tubes, mainly for the oil and gas industry. It operates an integrated network of manufacturing, research, and service facilities across the Americas, Europe, the Middle East, Asia, and Africa.
82GF Score

Get the complete analysis for TS

Deferred Tax is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$56.13
Price
$36.80
GF Value