Below are the financial statements of Tenaris, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Non-current assets | — | — |
| Property, plant and equipment, net | 6,121.47a | 6,078.18a |
| Intangible assets, net | 1,357.75a | 1,377.11a |
| Right-of-use assets, net | 148.87a | 132.14a |
| Investments in non-consolidated companies | 1,543.66a | 1,608.8a |
| Other investments NC | 1,005.3a | 405.63a |
| Deferred tax assets | 831.3a | 789.62a |
| Receivables, net | 205.6a | 185.96a |
| Current assets | — | — |
| Inventories, net | 3,709.94a | 3,921.1a |
| Receivables and prepayments, net | 179.61a | 181.37a |
| Current tax assets | 332.62a | 256.4a |
| Contract assets | 50.76a | 47.45a |
| Trade receivables, net | 1,907.51a | 2,480.89a |
| Derivative financial instruments CA | 7.48a | 9.8a |
| Other investments C | 2,373a | 1,969.63a |
| Cash and cash equivalents | 675.26a | 1,637.82a |
| Total assets | 20,450.13a | 21,081.9a |
| Equity | — | — |
| Shareholders' equity | 16,593.26a | 16,842.97a |
| Non-controlling interests | 220.58a | 187.47a |
| Total equity | 16,813.84a | 17,030.44a |
| Liabilities | — | — |
| Non-current liabilities | — | — |
| Borrowings | 11.4a | 48.3a |
| Lease liabilities | 100.44a | 96.6a |
| Derivative financial instruments NCL | 0a | 0.26a |
| Deferred tax liabilities | 503.94a | 631.61a |
| Other liabilities | 301.75a | 271.27a |
| Provisions | 82.11a | 101.45a |
| Current liabilities | — | — |
| Borrowings | 426a | 535.13a |
| Lease liabilities | 44.49a | 37.84a |
| Derivative financial instruments CL | 8.3a | 10.9a |
| Current tax liabilities | 366.29a | 488.28a |
| Other liabilities | 585.78a | 422.65a |
| Provisions | 119.34a | 35.96a |
| Customer advances | 206.2a | 263.66a |
| Trade payables | 880.26a | 1,107.57a |
| Total liabilities | 3,636.29a | 4,051.46a |
| Total equity and liabilities | 20,450.13a | 21,081.9a |
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