Tenaris SA annual capital expenditures (capex)
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Tenaris SA Capital Expenditures (CapEx) Growth & History (TS)
Tenaris SA's capital expenditures (capex) was $617.2M for fiscal 2025.
View full Tenaris SA company overviewTenaris SA annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $617.2M | −$76.8M | −11.06% |
| 2024 | 2024-12-31 | $694.0M | $74.5M | +12.03% |
| 2023 | 2023-12-31 | $619.4M | $241.0M | +63.68% |
| 2022 | 2022-12-31 | $378.4M | $138.9M | +58.00% |
| 2021 | 2021-12-31 | $239.5M | $46.2M | +23.90% |
| 2020 | 2020-12-31 | $193.3M | −$156.9M | −44.79% |
| 2019 | 2019-12-31 | $350.2M | $701,000 | +0.20% |
| 2018 | 2018-12-31 | $349.5M | −$208.8M | −37.40% |
| 2017 | 2017-12-31 | $558.2M | −$228.6M | −29.06% |
| 2016 | 2016-12-31 | $786.9M | −$344.6M | −30.46% |
| 2015 | 2015-12-31 | $1.13B | — | — |
Tenaris SA quarterly capital expenditures (capex)
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $121.5M | −$32.8M | −21.25% |
| Q1 2026 | 2026-03-31 | $114.5M | — | — |
| Q4 2025 | 2025-12-31 | $121.6M | — | — |
| Q3 2025 | 2025-09-30 | $180.4M | — | — |
| Q2 2025 | 2025-06-30 | $154.2M | — | — |
Tenaris SA capital expenditures (capex) trends
Over the last five fiscal years, Tenaris SA's capital expenditures (capex) increased from $193.3M to $617.2M, a change of $423.9M. The latest reported quarter, Q2 2026, shows $121.5M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Tenaris SA source filings ↗