TS Q3 2024 Earnings — Tenaris S.A. Revenue & Financial Results | Market Cap Arena

TSTenaris S.A.

$29B

Q3 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$2.9B-10.0% YoY

Gross Profit

$980M33.6% margin

Operating Income

$537M18.4% margin

Net Income

$448M15.4% margin

EPS (Diluted)

$0.80

QoQ Revenue Growth

-12.2%

Cash Flow

Operating Cash Flow

$552M

Free Cash Flow

$368M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$21.1B

Total Liabilities

$3.7B

Stockholders' Equity

$17.2B

Cash & Equivalents

$715M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$3.2B	-10.0%
Gross Profit	$980M	$1.3B	-22.5%
Operating Income	$537M	$868M	-38.1%
Net Income	$448M	$537M	-16.6%