TS Q3 2023 Earnings — Tenaris S.A. Revenue & Financial Results | Market Cap Arena

TSTenaris S.A.

$29B

Q3 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$3.2B+8.8% YoY

Gross Profit

$1.3B39.1% margin

Operating Income

$868M26.8% margin

Net Income

$537M16.6% margin

EPS (Diluted)

$1.82

QoQ Revenue Growth

-20.5%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.1B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$19.8B

Total Liabilities

$3.4B

Stockholders' Equity

$16.2B

Cash & Equivalents

$864M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$3.0B	+8.8%
Gross Profit	$1.3B	$1.2B	+4.6%
Operating Income	$868M	$803M	+8.1%
Net Income	$537M	$606M	-11.4%