Tenaris SA ADR (TS) — Strategic Asset Allocation Index

Latest as of March 2026: 13.1%

Tenaris SA ADR (TS) has a Strategic Asset Allocation Index of 13.1% as of March 2026. Strategic assets (PP&E of $- plus long-term investments of $2.28 Billion) total $2.28 Billion, measured against net assets of $17.35 Billion. A higher index reflects capital-intensive or investment-heavy strategies where strategic assets dominate the equity base. Check TS goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

SAAI

13.1%
Strategic Assets / Net Assets

Strategic Assets

$2.28 Billion
PP&E + LT Investments

PP&E

$-
USD

Net Assets

$17.35 Billion
USD

Tenaris SA ADR Strategic Asset Allocation Index (2000–2025)

This chart shows how Tenaris SA ADR's Strategic Asset Allocation Index has evolved across 26 annual periods from 2000 to 2025. As of March 2026, the index stands at 13.1%, representing strategic assets of $2.28 Billion against net assets of $17.35 Billion USD.

Annual Strategic Asset Allocation Index for Tenaris SA ADR (2000–2025)

The table below presents the year-by-year Strategic Asset Allocation Index for Tenaris SA ADR from 2000 to 2025, covering 26 annual filings. Each row shows PP&E, long-term investments, strategic assets combined, net assets, the index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see market value of Tenaris SA ADR.

Year SAAI Strategic Assets (USD) PP&E LT Investments Net Assets Change (pp)
2025 51.5% $8.67 Billion $6.35 Billion $2.32 Billion $16.83 Billion ▼ -0.9 pp
2024 52.5% $8.82 Billion $6.27 Billion $2.55 Billion $16.81 Billion ▲ +4.2 pp
2023 48.3% $8.22 Billion $6.21 Billion $2.01 Billion $17.03 Billion ▼ -3.9 pp
2022 52.2% $7.33 Billion $5.67 Billion $1.66 Billion $14.03 Billion ▼ -10.9 pp
2021 63.1% $7.64 Billion $5.93 Billion $1.70 Billion $12.11 Billion ▼ -3.7 pp
2020 66.7% $7.64 Billion $6.44 Billion $1.20 Billion $11.45 Billion ▲ +7.4 pp
2019 59.3% $7.23 Billion $6.32 Billion $904.90 Million $12.19 Billion ▲ +0.5 pp
2018 58.8% $6.99 Billion $6.06 Billion $923.72 Million $11.88 Billion ▼ -1.8 pp
2017 60.6% $7.02 Billion $6.23 Billion $790.20 Million $11.58 Billion ▲ +0.8 pp
2016 59.8% $6.83 Billion $6.00 Billion $828.32 Million $11.41 Billion ▲ +4.6 pp
2015 55.3% $6.56 Billion $5.67 Billion $885.39 Million $11.87 Billion ▲ +10.5 pp
2014 44.8% $5.80 Billion $5.16 Billion $645.17 Million $12.97 Billion ▼ -0.1 pp
2013 44.8% $5.59 Billion $4.67 Billion $915.26 Million $12.47 Billion ▲ +6.5 pp
2012 38.4% $4.43 Billion $4.43 Billion $- $11.56 Billion ▲ +2.1 pp
2011 36.3% $4.05 Billion $4.05 Billion $- $11.17 Billion ▲ +0.4 pp
2010 35.8% $3.78 Billion $3.78 Billion $- $10.55 Billion ▲ +2.4 pp
2009 33.5% $3.25 Billion $3.25 Billion $- $9.72 Billion ▼ -0.8 pp
2008 34.3% $2.98 Billion $2.98 Billion $- $8.70 Billion ▼ -9.1 pp
2007 43.4% $3.27 Billion $3.27 Billion $- $7.53 Billion ▼ -8.1 pp
2006 51.6% $2.94 Billion $2.94 Billion $- $5.70 Billion ▼ -7.5 pp
2005 59.1% $2.23 Billion $2.23 Billion $- $3.78 Billion ▼ -22.3 pp
2004 81.3% $2.16 Billion $2.16 Billion $- $2.66 Billion ▼ -18.6 pp
2003 100.0% $1.96 Billion $1.96 Billion $- $1.96 Billion ▼ -2.9 pp
2002 102.8% $1.93 Billion $1.93 Billion $- $1.88 Billion ▼ -7.0 pp
2001 109.9% $1.97 Billion $1.97 Billion $- $1.79 Billion ▲ +4.6 pp
2000 105.2% $1.94 Billion $1.94 Billion $- $1.85 Billion —
pp = percentage points