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). See TS current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
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. Explore TS operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Tenaris SA ADR (2000–2025)
Year-by-year Free Cash Flow Generation Index for Tenaris SA ADR. For the full company profile including market capitalisation, see Tenaris SA ADR (TS) market capitalisation.
| 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 | — |