Tenaris (MEX:TS) Other Operating Expense: MXN2,570 Mil (TTM As of Mar. 2026)


MEX:TS Tenaris SA MEX:TS
76 GF Score
Price MXN365.00
GF Value MXN233.33
! 1 Warning Sign
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What is Tenaris Other Operating Expense?

Tenaris MEX:TS 76 Other Operating Expense is MXN2,570 Mil as of Mar. 2026. GuruFocus rates MEX:TS with a GF Score™ of 76/100 and a GF Value™ of MXN233.33. The stock has 1 warning sign investors should review.

Tenaris's Other Operating Expense for the three months ended in Mar. 2026 was MXN1,076 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN2,570 Mil.

Tenaris's quarterly Other Operating Expense increased from Sep. 2025 (MXN8 Mil) to Dec. 2025 (MXN1,379 Mil) but then declined from Dec. 2025 (MXN1,379 Mil) to Mar. 2026 (MXN1,076 Mil).

Tenaris's annual Other Operating Expense increased from Dec. 2023 (MXN5,118 Mil) to Dec. 2024 (MXN5,185 Mil) but then declined from Dec. 2024 (MXN5,185 Mil) to Dec. 2025 (MXN4,339 Mil).

Tenaris Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Tenaris's Other Operating Expense 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 Other Operating Expense Chart

Tenaris Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,986.63 4,622.83 5,117.55 5,185.25 4,338.56

Tenaris Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Operating Expense 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 829.21 106.69 7.61 1,378.97 1,076.41
MEX:TS
76GF Score
Tenaris SA MEX:TS
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenaris Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN2,570 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.

What does a Other Operating Expense of MXN2,570 Mil mean?
Tenaris (MEX:TS) has a Other Operating Expense of MXN2,570 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on Tenaris and its competitors.
Is Tenaris' Other Operating Expense too high?
Tenaris' current Other Operating Expense is MXN2,570 Mil. Overall, Tenaris has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Tenaris' Other Operating Expense compare to SLB and BKR?
Tenaris' Other Operating Expense of MXN2,570 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 Other Operating Expense for an Oil & Gas company?
A good Other Operating Expense depends on the Oil & Gas industry context. However, Other Operating Expense 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Tenaris and its competitors. Tenaris's current Other Operating Expense is MXN2,570 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?
Tenaris (MEX:TS) has a current Other Operating Expense of MXN2,570 Mil. The stock's GF Value™ is MXN233.33, compared to a current price of MXN365.00 — trading 56.4% above its estimated fair value. The current Other Operating Expense is MXN2,570 Mil. Tenaris' overall GF Score™ is 76/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Tenaris (MEX:TS), the current Other Operating Expense is MXN2,570 Mil as of Mar. 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 (MEX:TS) Overvalued in 2026?

Based on GuruFocus' analysis, Tenaris stock appears to be overvalued. The current stock price of MXN365.00 is trading 56.4% above its estimated GF Value™ of MXN233.33.

Key valuation signals for MEX:TS:

  • Other Operating Expense: MXN2,570 Mil
  • GF Value™: MXN233.33 vs. price of MXN365.00 (56.4% above fair value)
  • GF Score™: 76/100 with 1 warning sign

No single metric tells the full story. See the MEX: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.
76GF Score

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

MXN365.00
Price
MXN233.33
GF Value