TS Q2 2024 Earnings — Tenaris S.A. Revenue & Financial Results | Market Cap Arena

TSTenaris S.A.

$29B

Q2 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$3.3B-18.5% YoY

Gross Profit

$1.2B35.5% margin

Operating Income

$512M15.4% margin

Net Income

$335M10.1% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

-3.5%

Cash Flow

Operating Cash Flow

$935M

Free Cash Flow

$760M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$21.1B

Total Liabilities

$4.2B

Stockholders' Equity

$16.7B

Cash & Equivalents

$850M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$4.1B	-18.5%
Gross Profit	$1.2B	$1.8B	-34.8%
Operating Income	$512M	$1.3B	-60.0%
Net Income	$335M	$1.1B	-70.2%