Tenaris (TS) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Tenaris S.A. reported revenue of $3 billion for the quarter ended December 2025, reflecting a 5.3% increase year-over-year and exceeding the Zacks Consensus Estimate of $2.92 billion by 2.46% [1] - The company's EPS was $0.87, down from $0.94 in the same quarter last year, but it surpassed the consensus estimate of $0.76 by 14.17% [1] Financial Performance - Tubes sales volume for seamless products reached 776 Kmt, exceeding the average estimate of 762.73 Kmt [4] - Total tubes sales volume was 969 Kmt, compared to the average estimate of 951.08 Kmt [4] - Welded tubes sales volume was 193 Kmt, surpassing the average estimate of 188.35 Kmt [4] - Net sales for Tubes in North America were $1.46 billion, above the average estimate of $1.39 billion, marking a year-over-year increase of 28.7% [4] - Net sales for Tubes in Asia Pacific, Middle East, and Africa were $697 million, slightly below the average estimate of $700.72 million, with a year-over-year increase of 10.8% [4] - Net sales for Tubes in Europe were $187 million, slightly above the average estimate of $184.88 million, but represented a significant year-over-year decline of 45.2% [4] - Net sales for Tubes in South America were $501 million, below the average estimate of $517.46 million, reflecting a year-over-year decrease of 15.8% [4] - Net sales for other categories reached $156 million, exceeding the average estimate of $132.18 million, with a year-over-year increase of 4% [4] - Total net sales for Tubes were $2.84 billion, slightly above the average estimate of $2.8 billion, representing a 5.3% year-over-year increase [4] Operating Income - Operating income for other segments was reported at $38 million, significantly higher than the average estimate of $18.35 million [4] - Operating income for Tubes was $516 million, exceeding the average estimate of $476.89 million [4] Stock Performance - Tenaris shares have returned 16.6% over the past month, while the Zacks S&P 500 composite has decreased by 1.3%, indicating strong relative performance [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential for outperformance in the near term [3]