How Tenaris S.A. stacks up

TS · against 196 other Energy companies listed in US-listed

Profitability

68/ 100

Above the middle of the pack.

Ranked #68 of 197 · scores higher than 65% of peers

Bars: peers in each 10-point band of the profitability score

20 peers with a profitability score of 60–69, including TS · Click a bar to see the companies

Why profitability scores 68?

Weighted metrics compared with all Energy companies.

Mainly thanks to its return on assets and operating margin, which are stronger than most Energy peers.

Return on invested capital is close to the peer norm. Return on invested capital: 11.0% vs peer median 9.3%
a wider operating margin: stronger than 65% of peers. Operating margin: 19.1% vs peer median 11.7%
a higher return on assets: stronger than 86% of peers. Return on assets: 9.6% vs peer median 4.4%

Metric by metric

Position: dot = TS, ranked from the worst peer (left) to the best (right); tick = middle, shaded = middle half of peers.

Metric	TS	Peer median	Better than	Weight
Return on invested capitalHigher is better · 190 reported	11.0%	9.2%	59%	33%
Operating marginHigher is better · 193 reported	19.1%	13.4%	61%	33%
Return on assetsHigher is better · 194 reported	9.6%	4.4%	83%	33%
Return on equityHigher is better · 190 reported	11.6%	11.8%	49%	Context only
Gross marginHigher is better · 197 reported	38.5%	41.2%	48%	Context only

Ranking by profitability score

Top 5 and the companies ranked around TS

Rank	Company	Market cap	Profitability	Overall
1	Texas Pacific Land CorporationTPL · US-listed	22.9B USD	100	72
2	Natural Resource Partners L.P.NRP · US-listed	1.6B USD	99	61
2	Permian Basin Royalty TrustPBT · US-listed	1.3B USD	99	59
2	Sabine Royalty TrustSBR · US-listed	1.0B USD	99	72
5	Black Stone Minerals, L.P.BSM · US-listed	3.2B USD	98	66
⋯
63	The Williams Companies, Inc.WMB · US-listed	88.6B USD	70	40
66	PBF Energy Inc.PBF · US-listed	9.2B USD	69	77
66	Valaris LimitedVAL · US-listed	6.2B USD	69	53
68	Archrock, Inc.AROC · US-listed	5.5B USD	68	51
68	Tenaris S.A.TS · US-listed	29.1B USD	68	58
70	Antero Resources CorporationAR · US-listed	12.3B USD	67	66
70	Occidental Petroleum CorporationOXY · US-listed	60.4B USD	67	77
72	Comstock Resources, Inc.CRK · US-listed	4.1B USD	66	56
72	Matador Resources CompanyMTDR · US-listed	6.7B USD	66	53

Scores are sector-relative percentiles from the latest snapshot, always calculated against the whole sector: narrowing the comparison group changes who you compare with, not the scores. Missing metrics are left out and the remaining weights rescaled. How we score

Bringing the fundamentals into focus…