TS (Tenaris) Dividend Payout Ratio: 0.00 (As of Mar. 2026)


TS Tenaris SA TS
81 GF Score
Price $56.45
GF Value $34.59
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tenaris Dividend Payout Ratio?

Tenaris TS -0.12% 81 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates TS with a GF Score™ of 81/100 and a GF Value™ of $34.59 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 433 Oil & Gas companies, Tenaris ranks better than 58.89% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Tenaris's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Tenaris's Dividend Payout Ratio or its related term are showing as below:

TS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.46   Max: 16.32
Current: 0.44

During the past 13 years, the highest Dividend Payout Ratio of Tenaris was 16.32. The lowest was 0.17. And the median was 0.46.

TS's Dividend Payout Ratio is ranked better than
58.89% of 433 companies
in the Oil & Gas industry
Industry Median: 0.5 vs TS: 0.44

As of today (2026-06-25), the Dividend Yield % of Tenaris is 3.16%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tenaris was 7.61%. The lowest was 0.58%. And the median was 2.99%.

Tenaris's Dividends per Share for the months ended in Mar. 2026 was $0.00.

During the past 12 months, Tenaris's average Dividends Per Share Growth Rate was 16.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 56.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tenaris was 104.40% per year. The lowest was -44.90% per year. And the median was 5.85% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Tenaris (NYSE:TS) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Tenaris Dividend Payout Ratio Related Terms

Tenaris Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Tenaris's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Tenaris Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.20 0.17 0.36 0.46

Tenaris Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio 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 1.12 0.00 0.65 0.00

TS vs SLB, BKR, HAL: Dividend Payout Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Tenaris's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tenaris's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tenaris's Dividend Payout Ratio falls into.


TS
81GF Score
Tenaris SA TS
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenaris Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Tenaris's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1.7/ 3.731
=0.46

Tenaris's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ 1.091
=0.00

* 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 Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Tenaris (TS) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tenaris and its competitors. Over the past decade, Tenaris' Dividend Payout Ratio has ranged from 0.17 to 16.32. According to the industry distribution chart, Tenaris ranks #178 out of 433 companies in the Oil & Gas industry, placing it in the top 41.1%.
Is Tenaris' Dividend Payout Ratio too high?
Tenaris' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 16.32. Based on the distribution chart, Tenaris ranks #178 out of 433 companies in the Oil & Gas industry, which is above the industry midpoint. 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' Dividend Payout Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Tenaris ranks #178 out of 433 companies for Dividend Payout Ratio. This puts Tenaris in the upper half of its industry. The industry median Dividend Payout Ratio is 0.50. Historically, Tenaris' own Dividend Payout Ratio has ranged from 0.17 to 16.32 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Oil & Gas company?
The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 433 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tenaris and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenaris's current Dividend Payout Ratio is 0.00. 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 $34.59, compared to a current price of $56.45 — trading 63.2% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Tenaris' overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Tenaris (TS), the current Dividend Payout Ratio is 0.00 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 $56.45 is trading 63.2% above its estimated GF Value™ of $34.59. GuruFocus considers Tenaris to be Significantly Overvalued.

Key valuation signals for TS:

  • Dividend Payout Ratio: 0.00
  • GF Value™: $34.59 vs. price of $56.45 (63.2% above fair value)
  • GF Score™: 81/100 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.
81GF Score

Get the complete analysis for TS

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

$56.45
Price
$34.59
GF Value