TS (Tenaris) Other Operating Expense: $142 Mil (TTM As of Mar. 2026)


TS Tenaris SA TS
81 GF Score
Price $54.13
GF Value $34.95
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Tenaris Other Operating Expense?

Tenaris TS -0.11% 81 Other Operating Expense is $142 Mil as of Mar. 2026. GuruFocus rates TS with a GF Score™ of 81/100 and a GF Value™ of $34.95 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Tenaris's Other Operating Expense for the three months ended in Mar. 2026 was $60 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $142 Mil.

Tenaris's quarterly Other Operating Expense increased from Sep. 2025 ($0 Mil) to Dec. 2025 ($77 Mil) but then declined from Dec. 2025 ($77 Mil) to Mar. 2026 ($60 Mil).

Tenaris's annual Other Operating Expense declined from Dec. 2023 ($301 Mil) to Dec. 2024 ($249 Mil) and declined from Dec. 2024 ($249 Mil) to Dec. 2025 ($241 Mil).

Tenaris Other Operating Expense Historical Data

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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 145.59 237.12 301.49 248.63 240.95

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 40.53 5.67 0.42 76.59 59.69
TS
81GF Score
Tenaris SA 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 $142 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 $142 Mil mean?
Tenaris (TS) has a Other Operating Expense of $142 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 $142 Mil. Overall, Tenaris has a GF Score™ of 81/100 and is considered Significantly Overvalued, 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 $142 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 $142 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 $34.95, compared to a current price of $54.13 — trading 54.9% above its estimated fair value. The current Other Operating Expense is $142 Mil. Tenaris' overall GF Score™ is 81/100 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 (TS), the current Other Operating Expense is $142 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 (TS) Overvalued in 2026?

Based on GuruFocus' analysis, Tenaris stock appears to be overvalued. The current stock price of $54.13 is trading 54.9% above its estimated GF Value™ of $34.95. GuruFocus considers Tenaris to be Significantly Overvalued.

Key valuation signals for TS:

  • Other Operating Expense: $142 Mil
  • GF Value™: $34.95 vs. price of $54.13 (54.9% above fair value)
  • GF Score™: 81/100 with 1 warning sign

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.
81GF Score

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

$54.13
Price
$34.95
GF Value