Tenaris Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2001
Revenue	14,869	11,763	6,521	5,147	7,294	Upgrade
Revenue Growth (YoY)	26.41%	80.37%	26.71%	-29.44%	-4.76%	Upgrade
Cost of Revenue	8,691	7,088	4,612	4,087	5,107	Upgrade
Gross Profit	6,178	4,675	1,910	1,059	2,187	Upgrade
Selling, General & Admin	1,796	1,396	1,005	912.56	1,167	Upgrade
Research & Development	60	50.7	45.3	41.8	61.1	Upgrade
Other Operating Expenses	-54.44	301.55	138.89	180.04	181.33	Upgrade
Operating Expenses	1,911	1,697	1,144	1,093	1,348	Upgrade
Operating Income	4,267	2,963	1,321	101.15	832.39	Upgrade
Interest Income	201.85	86.11	38.05	21.63	48.06	Upgrade
Interest Expense	106.86	45.94	23.68	27.01	43.38	Upgrade
Other Expense / Income	-231.14	-167.07	45.63	715.03	-108.07	Upgrade
Pretax Income	4,537	3,166	1,243	-619.27	933.71	Upgrade
Income Tax	674.96	617.24	189.45	23.15	202.45	Upgrade
Net Income	3,918	2,553	1,100	-642.42	742.69	Upgrade
Net Income Growth	53.45%	132.08%	-	-	-15.22%	Upgrade
Shares Outstanding (Basic)	589	590	590	590	590	Upgrade
Shares Outstanding (Diluted)	589	590	590	590	590	Upgrade
Shares Change	-0.15%	-	-	0.00%	-0.00%	Upgrade
EPS (Basic)	6.65	4.33	1.86	-1.09	1.26	Upgrade
EPS (Diluted)	6.65	4.33	1.86	-1.09	1.26	Upgrade
EPS Growth	53.58%	132.80%	-	-	-14.86%	Upgrade
Free Cash Flow	3,844	769.87	-125.52	1,326	1,180	Upgrade
Free Cash Flow Per Share	6.52	1.30	-0.21	2.25	2.00	Upgrade
Gross Margin	41.55%	39.74%	29.28%	20.58%	29.98%	Upgrade
Operating Margin	28.70%	25.19%	20.26%	1.97%	11.41%	Upgrade
Profit Margin	26.35%	21.71%	16.87%	-12.48%	10.18%	Upgrade
Free Cash Flow Margin	25.86%	6.55%	-1.92%	25.76%	16.18%	Upgrade
Effective Tax Rate	14.88%	19.50%	15.24%	-	21.68%	Upgrade
EBITDA	4,815	3,855	1,916	779.96	1,512	Upgrade
EBITDA Margin	32.39%	32.77%	29.38%	15.15%	20.72%	Upgrade
Depreciation & Amortization	548.51	607.72	594.72	678.81	539.52	Upgrade
EBIT	4,267	3,247	1,321	101.15	972.1	Upgrade
EBIT Margin	28.70%	27.61%	20.26%	1.97%	13.33%	Upgrade

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.