Tenaris SA ADR (TS) — Capital Reinvestment Ratio
Latest as of March 2026:
0.19x
Tenaris SA ADR (TS) has a Capital Reinvestment Ratio of 0.19x as of March 2026, meaning it reinvests 0% of its operating cash flow ($619.89 Million) in capital expenditures ($114.90 Million). See how much free cash does Tenaris SA ADR generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.19x
Capex / Operating Cash Flow
Operating Cash Flow
$619.89 Million
USD
Capital Expenditures
$114.90 Million
USD
Data as of
Mar 2026
Most recent filing
Tenaris SA ADR Capital Reinvestment Ratio (2000–2025)
This chart tracks Tenaris SA ADR's Capital Reinvestment Ratio across 25 annual periods.
Annual Capital Reinvestment Ratio for Tenaris SA ADR (2000–2025)
Year-by-year Capital Reinvestment Ratio for Tenaris SA ADR from 2000 to 2025. For live market cap and broader valuation context, see Tenaris SA ADR market cap and net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.24x | $2.60 Billion | $617.18 Million | ▼ -3.4% |
| 2024 | 0.25x | $2.87 Billion | $704.35 Million | ▲ +74.4% |
| 2023 | 0.14x | $4.40 Billion | $619.45 Million | ▼ -58.6% |
| 2022 | 0.34x | $1.17 Billion | $397.35 Million | ▼ -83.4% |
| 2021 | 2.05x | $119.08 Million | $244.59 Million | ▲ +1506.9% |
| 2020 | 0.13x | $1.52 Billion | $194.35 Million | ▼ -43.9% |
| 2019 | 0.23x | $1.53 Billion | $348.08 Million | ▼ -59.5% |
| 2018 | 0.56x | $610.80 Million | $343.46 Million | ▼ -36.4% |
| 2016 | 0.88x | $863.57 Million | $763.26 Million | ▲ +74.6% |
| 2015 | 0.51x | $2.22 Billion | $1.12 Billion | ▼ -9.3% |
| 2014 | 0.56x | $2.04 Billion | $1.14 Billion | ▲ +82.6% |
| 2013 | 0.31x | $2.36 Billion | $720.31 Million | ▼ -27.2% |
| 2012 | 0.42x | $1.86 Billion | $781.72 Million | ▼ -37.5% |
| 2011 | 0.67x | $1.28 Billion | $862.66 Million | ▼ -30.9% |
| 2010 | 0.97x | $870.82 Million | $847.32 Million | ▲ +546.8% |
| 2009 | 0.15x | $3.06 Billion | $460.93 Million | ▼ -50.3% |
| 2008 | 0.30x | $1.47 Billion | $443.24 Million | ▲ +36.5% |
| 2007 | 0.22x | $2.02 Billion | $447.92 Million | ▼ -9.1% |
| 2006 | 0.24x | $1.81 Billion | $441.47 Million | ▲ +11.0% |
| 2005 | 0.22x | $1.30 Billion | $284.47 Million | ▼ -88.2% |
| 2004 | 1.87x | $98.29 Million | $183.31 Million | ▲ +216.1% |
| 2003 | 0.59x | $275.64 Million | $162.62 Million | ▲ +118.5% |
| 2002 | 0.27x | $461.44 Million | $124.61 Million | ▼ -26.5% |
| 2001 | 0.37x | $544.23 Million | $200.01 Million | ▼ -55.4% |
| 2000 | 0.82x | $274.19 Million | $225.85 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow