Tenaris
TS
$37.39
Share price
0.19%
Change (1 day)
31.01%
Change (1 year)
Categories
Operating Margin for Tenaris (TS)
Operating Margin as of April 2024 (TTM): 31.59%
According to Tenaris's latest financial reports and stock price the company's current Operating Margin is 31.59%. At the end of 2022 the company had an Operating Margin of 27.31%.
Operating Margin history for Tenaris from 2003 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 27.31% | 40.6% |
| 2021 | 19.42% | -268.76% |
| 2020 | -11.51% | -185.9% |
| 2019 | 13.40% | -10.01% |
| 2018 | 14.89% | 73.1% |
| 2017 | 8.60% | 550.52% |
| 2016 | 1.32% | -51.4% |
| 2015 | 2.72% | -85.92% |
| 2014 | 19.31% | -9.96% |
| 2013 | 21.45% | 1.09% |
| 2012 | 21.22% | 5.87% |
| 2011 | 20.04% | -6.64% |
| 2010 | 21.46% | -6.33% |
| 2009 | 22.91% | -9.22% |
| 2008 | 25.24% | -14.29% |
| 2007 | 29.45% | -18.51% |
| 2006 | 36.14% | 24.93% |
| 2005 | 28.93% | 47.06% |
| 2004 | 19.67% | 117.01% |
| 2003 | 9.06% | -38.16% |
| 2002 | 14.66% | 5.35% |
| 2001 | 13.91% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 NOV NOV | 7.29% | -76.92% | 🇺🇸 USA |
 ArcelorMittal MT | 14.09% | -55.40% | 🇱🇺 Luxembourg |
 YPF
(Yacimientos Petrolíferos Fiscales)
YPF | 16.06% | -49.16% | 🇦🇷 Argentina |
 Omega Flex OFLX | 24.92% | -21.11% | 🇺🇸 USA |
 Ternium
TX | 16.24% | -48.59% | 🇱🇺 Luxembourg |
 Valmont Industries
VMI | 8.37% | -73.50% | 🇺🇸 USA |
 U.S. Steel
X | 9.14% | -71.07% | 🇺🇸 USA |
 Mueller Water Products
MWA | 7.59% | -75.97% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.