Tenaris SA ADR (TS) — Capital Reinvestment Ratio
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 net asset quality index of Tenaris SA ADR to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Tenaris SA ADR Capital Reinvestment Ratio (2000–2025)
This chart tracks Tenaris SA ADR's Capital Reinvestment Ratio across 25 annual periods. Check total reinvestment intensity of Tenaris SA ADR to assess the company's total reinvestment commitment from operating cash flow.
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 TS stock market capitalisation.
| 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 | — |