Tenaris SA ADR Financial Flexibility Index
Tenaris SA ADR financial flexibility index. Tenaris SA ADR (TS) has a Financial Flexibility Index of 0.23x as of March 2026. Free cash flow of $734.79 Million (operating CF $619.89 Million minus capex $114.90 Million) represents 0% of total liabilities ($3.17 Billion). See cash generation quality of Tenaris SA ADR to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Tenaris SA ADR (2000–2025)
Financial flexibility index of Tenaris SA ADR from 2000 to 2025. Historical Financial Flexibility Index trend for Tenaris SA ADR across 26 annual periods. Check TS cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Tenaris SA ADR Financial Flexibility Index by Year (2000–2025)
Tenaris SA ADR financial flexibility index by year from 2000 to 2025. Year-by-year free cash flow to debt coverage for Tenaris SA ADR. For the full cash flow conversion analysis, see Tenaris SA ADR operating cash flow efficiency.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.99x | $3.22 Billion | $2.60 Billion | $3.24 Billion | ▲ +1.0% |
| 2024 | 0.98x | $3.57 Billion | $2.87 Billion | $3.64 Billion | ▼ -20.7% |
| 2023 | 1.24x | $5.01 Billion | $4.40 Billion | $4.05 Billion | ▲ +178.1% |
| 2022 | 0.45x | $1.56 Billion | $1.17 Billion | $3.52 Billion | ▲ +186.8% |
| 2021 | 0.16x | $363.67 Million | $119.08 Million | $2.34 Billion | ▼ -79.5% |
| 2020 | 0.76x | $1.71 Billion | $1.52 Billion | $2.27 Billion | ▲ +7.0% |
| 2019 | 0.71x | $1.88 Billion | $1.53 Billion | $2.66 Billion | ▲ +75.8% |
| 2018 | 0.40x | $954.26 Million | $610.80 Million | $2.38 Billion | ▲ +113.2% |
| 2017 | 0.19x | $530.77 Million | $-22.02 Million | $2.82 Billion | ▼ -70.0% |
| 2016 | 0.63x | $1.63 Billion | $863.57 Million | $2.59 Billion | ▼ -43.1% |
| 2015 | 1.10x | $3.34 Billion | $2.22 Billion | $3.02 Billion | ▲ +28.4% |
| 2014 | 0.86x | $3.19 Billion | $2.04 Billion | $3.70 Billion | ▼ -3.2% |
| 2013 | 0.89x | $3.08 Billion | $2.36 Billion | $3.46 Billion | ▲ +48.1% |
| 2012 | 0.60x | $2.64 Billion | $1.86 Billion | $4.40 Billion | ▲ +3.2% |
| 2011 | 0.58x | $2.15 Billion | $1.28 Billion | $3.69 Billion | ▲ +29.1% |
| 2010 | 0.45x | $1.72 Billion | $870.82 Million | $3.81 Billion | ▼ -51.9% |
| 2009 | 0.94x | $3.52 Billion | $3.06 Billion | $3.76 Billion | ▲ +214.1% |
| 2008 | 0.30x | $1.91 Billion | $1.47 Billion | $6.40 Billion | ▼ -6.8% |
| 2007 | 0.32x | $2.47 Billion | $2.02 Billion | $7.71 Billion | ▼ -2.1% |
| 2006 | 0.33x | $2.25 Billion | $1.81 Billion | $6.89 Billion | ▼ -39.4% |
| 2005 | 0.54x | $1.58 Billion | $1.30 Billion | $2.93 Billion | ▲ +474.6% |
| 2004 | 0.09x | $281.60 Million | $98.29 Million | $3.00 Billion | ▼ -49.7% |
| 2003 | 0.19x | $438.26 Million | $275.64 Million | $2.35 Billion | ▼ -32.0% |
| 2002 | 0.27x | $586.04 Million | $461.44 Million | $2.14 Billion | ▼ -24.7% |
| 2001 | 0.36x | $744.24 Million | $544.23 Million | $2.04 Billion | ▲ +31.1% |
| 2000 | 0.28x | $500.05 Million | $274.19 Million | $1.80 Billion | — |