TS Q4 2023 Earnings — Tenaris S.A. Revenue & Financial Results | Market Cap Arena

TSTenaris S.A.

$29B

Q4 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$3.4B-5.7% YoY

Gross Profit

$1.3B37.9% margin

Operating Income

$819M24.0% margin

Net Income

$1.1B33.1% margin

EPS (Diluted)

$1.92

QoQ Revenue Growth

+5.5%

Cash Flow

Operating Cash Flow

$836M

Free Cash Flow

$669M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$21.1B

Total Liabilities

$4.1B

Stockholders' Equity

$16.8B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$3.6B	-5.7%
Gross Profit	$1.3B	$1.6B	-16.8%
Operating Income	$819M	$1.0B	-19.2%
Net Income	$1.1B	$807M	+39.9%