Tenaris SA ADR (TS) — Cash Flow Reinvestment Rate
Latest as of March 2026:
0.19x
Tenaris SA ADR (TS) has a Cash Flow Reinvestment Rate of 0.19x as of March 2026, reinvesting $114.90 Million (capex $114.90 Million ) from operating cash flow of $619.89 Million. Explore TS capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
0.19x
(Capex + Investments) / Operating CF
Total Reinvested
$114.90 Million
Capex + Investments
Operating Cash Flow
$619.89 Million
USD
Capital Expenditures
$114.90 Million
USD
Tenaris SA ADR Cash Flow Reinvestment Rate (2000–2025)
Historical reinvestment intensity for Tenaris SA ADR across 25 annual periods. Also explore TS asset base for the complete picture of this company's asset base.
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 TS company net worth.
| 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 | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow