Tenaris SA ADR (TS) — Financial Flexibility Index

Latest as of March 2026: 0.23x

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). Also explore how fast is Tenaris SA ADR growing its equity to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.23x
Free Cash Flow / Total Liabilities

Free Cash Flow

$734.79 Million
Operating CF − Capex

Total Liabilities

$3.17 Billion
USD

Capital Expenditures

$114.90 Million
USD

Tenaris SA ADR Financial Flexibility Index (2000–2025)

Historical Financial Flexibility Index trend for Tenaris SA ADR across 26 annual periods. Check TS capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Tenaris SA ADR (2000–2025)

Year-by-year free cash flow to debt coverage for Tenaris SA ADR. For the full company profile including market capitalisation, see Tenaris SA ADR stock valuation.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities