Tenaris SA ADR (TS) — Free Cash Flow Generation Index
Tenaris SA ADR (TS) has a Free Cash Flow Generation Index of 0.81x as of March 2026. Free cash flow of $504.99 Million represents 1% of operating cash flow ($619.89 Million). Explore TS capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Tenaris SA ADR Free Cash Flow Generation Index (2000–2025)
Historical FCF Generation Index trend for Tenaris SA ADR across 25 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Tenaris SA ADR.
Annual Free Cash Flow Generation for Tenaris SA ADR (2000–2025)
Year-by-year Free Cash Flow Generation Index for Tenaris SA ADR. Check TS cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.76x | $1.98 Billion | $2.60 Billion | $617.18 Million | ▲ +1.1% |
| 2024 | 0.75x | $2.16 Billion | $2.87 Billion | $704.35 Million | ▼ -12.2% |
| 2023 | 0.86x | $3.78 Billion | $4.40 Billion | $619.45 Million | ▲ +30.2% |
| 2022 | 0.66x | $769.87 Million | $1.17 Billion | $397.35 Million | ▲ +162.6% |
| 2021 | -1.05x | $-125.52 Million | $119.08 Million | $244.59 Million | ▼ -220.9% |
| 2020 | 0.87x | $1.33 Billion | $1.52 Billion | $194.35 Million | ▲ +12.9% |
| 2019 | 0.77x | $1.18 Billion | $1.53 Billion | $348.08 Million | ▲ +76.4% |
| 2018 | 0.44x | $267.34 Million | $610.80 Million | $343.46 Million | ▲ +276.8% |
| 2016 | 0.12x | $100.30 Million | $863.57 Million | $763.26 Million | ▼ -76.5% |
| 2015 | 0.49x | $1.09 Billion | $2.22 Billion | $1.12 Billion | ▲ +11.8% |
| 2014 | 0.44x | $902.46 Million | $2.04 Billion | $1.14 Billion | ▼ -36.4% |
| 2013 | 0.69x | $1.63 Billion | $2.36 Billion | $720.31 Million | ▲ +19.7% |
| 2012 | 0.58x | $1.08 Billion | $1.86 Billion | $781.72 Million | ▲ +76.9% |
| 2011 | 0.33x | $420.65 Million | $1.28 Billion | $862.66 Million | ▲ +1114.4% |
| 2010 | 0.03x | $23.50 Million | $870.82 Million | $847.32 Million | ▼ -96.8% |
| 2009 | 0.85x | $2.60 Billion | $3.06 Billion | $460.93 Million | ▲ +21.8% |
| 2008 | 0.70x | $1.02 Billion | $1.47 Billion | $443.24 Million | ▼ -10.4% |
| 2007 | 0.78x | $1.57 Billion | $2.02 Billion | $447.92 Million | ▲ +2.9% |
| 2006 | 0.76x | $1.37 Billion | $1.81 Billion | $441.47 Million | ▼ -3.1% |
| 2005 | 0.78x | $1.01 Billion | $1.30 Billion | $284.47 Million | ▲ +190.2% |
| 2004 | -0.87x | $-85.02 Million | $98.29 Million | $183.31 Million | ▼ -311.0% |
| 2003 | 0.41x | $113.01 Million | $275.64 Million | $162.62 Million | ▼ -43.8% |
| 2002 | 0.73x | $336.83 Million | $461.44 Million | $124.61 Million | ▼ -46.6% |
| 2001 | 1.37x | $744.24 Million | $544.23 Million | $200.01 Million | ▼ -25.0% |
| 2000 | 1.82x | $500.05 Million | $274.19 Million | $225.85 Million | — |