Tenaris S.A.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 26.3% | -1.4% | 1.3% |
| FY2017 | 30.3% | 6.3% | 10.3% |
| FY2018 | 31.1% | 11.4% | 11.4% |
| FY2019 | 30.0% | 11.4% | 10.2% |
| FY2020 | 20.6% | -12.9% | -12.3% |
| FY2021 | 29.3% | 10.8% | 16.9% |
| FY2022 | 39.7% | 25.2% | 21.7% |
| FY2023 | 41.7% | 29.0% | 26.4% |
| FY2024 | 35.0% | 19.3% | 16.3% |
| FY2025 | 34.4% | 19.1% | 16.1% |