Tenaris SA ADR (TS) — Cash Flow Reinvestment Rate
Tenaris SA ADR (TS) has a Cash Flow Reinvestment Rate of 0.31x as of March 2026, reinvesting $192.99 Million (capex $114.90 Million plus investments $78.10 Million) from operating cash flow of $619.89 Million. Check TS cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Tenaris SA ADR Cash Flow Reinvestment Rate (2000–2025)
Historical reinvestment intensity for Tenaris SA ADR across 25 annual periods. Explore investment intensity of Tenaris SA ADR to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Tenaris SA ADR (2000–2025)
Year-by-year capital reinvestment analysis for Tenaris SA ADR. For live market cap and broader valuation context, see Tenaris SA ADR stock valuation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.36x | $936.08 Million | $2.60 Billion | $617.18 Million | ▼ -50.9% |
| 2024 | 0.73x | $2.10 Billion | $2.87 Billion | $704.35 Million | ▼ -15.3% |
| 2023 | 0.87x | $3.81 Billion | $4.40 Billion | $619.45 Million | ▲ +80.2% |
| 2022 | 0.48x | $560.90 Million | $1.17 Billion | $397.35 Million | ▼ -91.9% |
| 2021 | 5.96x | $710.02 Million | $119.08 Million | $244.59 Million | ▲ +738.4% |
| 2020 | 0.71x | $1.08 Billion | $1.52 Billion | $194.35 Million | ▲ +179.7% |
| 2019 | 0.25x | $388.48 Million | $1.53 Billion | $348.08 Million | ▼ -85.7% |
| 2018 | 1.78x | $1.09 Billion | $610.80 Million | $343.46 Million | ▲ +78.3% |
| 2016 | 1.00x | $861.61 Million | $863.57 Million | $763.26 Million | ▲ +22.7% |
| 2015 | 0.81x | $1.80 Billion | $2.22 Billion | $1.12 Billion | ▼ -4.3% |
| 2014 | 0.85x | $1.74 Billion | $2.04 Billion | $1.14 Billion | ▲ +55.5% |
| 2013 | 0.55x | $1.29 Billion | $2.36 Billion | $720.31 Million | ▲ +30.0% |
| 2012 | 0.42x | $781.72 Million | $1.86 Billion | $781.72 Million | ▼ -37.5% |
| 2011 | 0.67x | $862.66 Million | $1.28 Billion | $862.66 Million | ▼ -30.9% |
| 2010 | 0.97x | $847.32 Million | $870.82 Million | $847.32 Million | ▲ +546.8% |
| 2009 | 0.15x | $460.93 Million | $3.06 Billion | $460.93 Million | ▼ -50.3% |
| 2008 | 0.30x | $443.24 Million | $1.47 Billion | $443.24 Million | ▲ +36.5% |
| 2007 | 0.22x | $447.92 Million | $2.02 Billion | $447.92 Million | ▼ -9.1% |
| 2006 | 0.24x | $441.47 Million | $1.81 Billion | $441.47 Million | ▲ +11.0% |
| 2005 | 0.22x | $284.47 Million | $1.30 Billion | $284.47 Million | ▼ -88.2% |
| 2004 | 1.87x | $183.31 Million | $98.29 Million | $183.31 Million | ▲ +216.1% |
| 2003 | 0.59x | $162.62 Million | $275.64 Million | $162.62 Million | ▲ +118.5% |
| 2002 | 0.27x | $124.61 Million | $461.44 Million | $124.61 Million | ▼ -26.5% |
| 2001 | 0.37x | $200.01 Million | $544.23 Million | $200.01 Million | ▼ -55.4% |
| 2000 | 0.82x | $225.85 Million | $274.19 Million | $225.85 Million | — |