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Tenaris (WBO:TEN) Net Margin %

: 33.06% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Tenaris's Net Income for the three months ended in Dec. 2023 was €1,035 Mil. Tenaris's Revenue for the three months ended in Dec. 2023 was €3,131 Mil. Therefore, Tenaris's net margin for the quarter that ended in Dec. 2023 was 33.06%.

The historical rank and industry rank for Tenaris's Net Margin % or its related term are showing as below:

WBO:TEN' s Net Margin % Range Over the Past 10 Years
Min: -12.33   Med: 10.86   Max: 26.35
Current: 26.31


WBO:TEN's Net Margin % is ranked better than
82.96% of 974 companies
in the Oil & Gas industry
Industry Median: 4.235 vs WBO:TEN: 26.31

Tenaris Net Margin % Historical Data

The historical data trend for Tenaris's Net Margin % 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.

* Premium members only.

Tenaris Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.18 -12.33 16.87 21.71 26.35

Tenaris Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 Premium Member Only Premium Member Only Premium Member Only 22.30 27.25 27.56 16.59 33.06

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Tenaris's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

For the Oil & Gas industry and Energy sector, Tenaris's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tenaris's Net Margin % falls into.



Tenaris Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=3592.866/13634.745
=26.35 %

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

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1035.383/3131.491
=33.06 %

* 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  (WBO:TEN) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Tenaris Net Margin % Related Terms

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Tenaris (WBO:TEN) Business Description

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

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