TS Q1 2024 Earnings — Tenaris S.A. Revenue & Financial Results | Market Cap Arena

TSTenaris S.A.

$29B

Q1 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$3.4B-16.9% YoY

Gross Profit

$1.3B38.0% margin

Operating Income

$812M23.6% margin

Net Income

$737M21.4% margin

EPS (Diluted)

$1.26

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

$887M

Free Cash Flow

$715M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$21.5B

Total Liabilities

$3.9B

Stockholders' Equity

$17.4B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$4.1B	-16.9%
Gross Profit	$1.3B	$1.8B	-28.7%
Operating Income	$812M	$1.4B	-39.9%
Net Income	$737M	$1.1B	-34.7%