TS Q2 2023 Earnings — Tenaris S.A. Revenue & Financial Results | Market Cap Arena

TSTenaris S.A.

$29B

Q2 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$4.1B+45.5% YoY

Gross Profit

$1.8B44.4% margin

Operating Income

$1.3B31.4% margin

Net Income

$1.1B27.6% margin

EPS (Diluted)

$1.90

QoQ Revenue Growth

-1.6%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.2B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$19.3B

Total Liabilities

$3.5B

Stockholders' Equity

$15.6B

Cash & Equivalents

$755M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.1B	$2.8B	+45.5%
Gross Profit	$1.8B	$1.1B	+69.7%
Operating Income	$1.3B	$663M	+92.8%
Net Income	$1.1B	$637M	+76.4%